2-bed · 931 sqftPeninsula Three, Business Bay · 48th floor · completed 2025

48-18, Peninsula Three

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold once, by the developer in September 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 48-18 · DLD and Ejari recordsUpdated 8 September 2022

Last soldAED 2.17M8 September 2022

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Today's valuefree after one verification

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Property timeline for 48-18, Peninsula Three

Today

What is 48-18 worth today?

Last sold for AED 2,166,000 in 2022

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8 Sep 2022

8 Sep 2022Sold by developerOff-plan

AED 2,166,000AED 2,326 per sqft

Source: Dubai Land Department. Updated 8 September 2022.

Key facts

Type: 2-bed apartment
Size: 931 sqft
Floor: 48th of 49
Parking: 1
Developer: Select Global Development
Completed: 2025
Last sold: AED 2.17M · September 2022
Building: Peninsula Three

About 48-18, Peninsula Three

48-18 is a two-bedroom apartment of 931 sqft on the 48th floor of Peninsula Three, a 49-storey tower in Business Bay completed in 2025 by Select Global Development. The developer sold it on 8 September 2022 for AED 2,166,000, or AED 2,326 per sqft, 11% above the AED 2,089 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 48-18 over time

Sales

Unit 48-18, each saleTypical two-bed in Peninsula Three

48-18 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Peninsula Three, and where 48-18 sits

All 127 2-beds →

2-beds in Peninsula Three · last 12 months2,749 /sqft Peninsula Three · all types2,697 /sqft

48-18 last sold in September 2022 at AED 2,326 per sqft, 11% above what two-beds in Peninsula Three were fetching at the time (AED 2,089). Over the last 12 months two-beds sold for AED 2,630,000 to 2,875,000, around AED 2,749 per sqft, and rent for AED 180,000 to 220,000 a year.

Recent 2-bed sales	Size	Price (AED)	Per sqft
6 Feb 20266 February 2026	925 sqft	2,700,000	2,919
4 Feb 20264 February 2026	1,081 sqft	2,875,000	2,660
3 Feb 20263 February 2026	987 sqft	2,800,000	2,837
27 Jan 202627 January 2026	1,081 sqft	2,630,000	2,433

4 2-bed sales in the last 12 months

Peninsula Three

Building

842 apartments, studios to 2-bed over 49 floors in Business Bay, completed in 2025 by Select Global Development. 32 sold in the last 12 months.

Typical price per sqft: AED 2,697 Up 3.1%
Typical sale: AED 1.75M
Typical rent: AED 125K /yr
Typical yield: 7.4%

Peninsula Three, Business Bay: prices, sales and rents →

Other units on the 48th floor

All 842 units in Peninsula Three


48-01	2-bed	1,061 sqft	AED 2.32MAED 2,320,000 · Sep 2022September 2022
48-02	1-bed	674 sqft	AED 1.45MAED 1,448,000 · Jun 2023June 2023
48-03	Studio	413 sqft	AED 1.21MAED 1,210,000 · Apr 2025April 2025
48-04	Studio	413 sqft	AED 950KAED 950,000 · Aug 2022August 2022
48-05	1-bed	682 sqft	AED 1.47MAED 1,467,000 · Sep 2022September 2022
48-06	1-bed	695 sqft	AED 1.56MAED 1,564,000 · Sep 2022September 2022
48-07	1-bed	695 sqft	AED 1.47MAED 1,470,160 · Sep 2022September 2022
48-08	1-bed	682 sqft	AED 1.53MAED 1,529,000 · Aug 2022August 2022
48-09	Studio	412 sqft	AED 1.2MAED 1,200,000 · Apr 2025April 2025	99,732 /yr
48-10	Studio	412 sqft	AED 1.2MAED 1,200,000 · Apr 2025April 2025	99,732 /yr
48-11	2-bed	1,011 sqft	AED 2.37MAED 2,365,000 · Dec 2022December 2022
48-12	2-bed	941 sqft	AED 2.11MAED 2,109,940 · Aug 2022August 2022
48-13	1-bed	646 sqft	AED 1.7MAED 1,700,000 · Feb 2025February 2025
48-14	1-bed	823 sqft	AED 1.95MAED 1,950,000 · Oct 2022October 2022
48-15	1-bed	823 sqft	AED 1.95MAED 1,950,000 · Sep 2022September 2022
48-16	1-bed	665 sqft	AED 1.75MAED 1,750,000 · Jun 2025June 2025
48-17	1-bed	669 sqft	AED 1.56MAED 1,561,000 · Oct 2022October 2022

1–7 of 17

48-18, Peninsula Three in numbers

Sold once: by Select Global Development on 8 September 2022 for AED 2,166,000, or AED 2,326 per sqft.
Two-beds in Peninsula Three sold for AED 2,630,000–2,875,000 in the 12 months to November 2026; the building's median across all types is AED 2,697 per sqft.

Source: Dubai Land Department. Updated 8 September 2022.

Questions about 48-18, Peninsula Three

What did unit 48-18 last sell for?

AED 2,166,000 on 8 September 2022, sold by the developer: AED 2,326 per sqft for 931 sqft. It is the only registered sale of the unit.

How big is unit 48-18?

931 sqft (86.5 sqm): a two-bedroom apartment on the 48th floor of a 49-storey tower completed in 2025.

What is unit 48-18 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Peninsula Three sold for AED 2,630,000 to 2,875,000 in the last 12 months, around AED 2,749 per sqft.

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Mortgage on 48-18, Peninsula Three

Starts from the last sale price (AED 2.17M, 8 September 2022). Switch to today's estimate once you have unlocked it.

Price: AED 2,166,000
Deposit, UAE resident (20%): AED 433,200
Deposit, non-resident (40%): AED 866,400
Monthly over 25 years at 3.7%: AED 8,862

Plus AED 95,982 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →