Studio · 413 sqftPeninsula Three, Business Bay · 49th floor · completed 2025

49-04, Peninsula Three

Sold prices and rental history: sold twice, last in May 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 49-04 · DLD and Ejari recordsUpdated 16 May 2024
Last soldAED 1.12M16 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 49-04, Peninsula Three

What is 49-04 worth today?

Last sold for AED 1,120,000 in 2024

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16 May 2024SoldOff-plan
AED 1,120,000AED 2,711 per sqft
17 Aug 2022Sold by developerOff-plan
AED 961,000AED 2,326 per sqft

Source: Dubai Land Department. Updated 16 May 2024.

Key facts

Type
Studio apartment
Size
413 sqft
Floor
49th of 49
Parking
1
Developer
Select Global Development
Completed
2025
Last sold
AED 1.12M · May 2024

About 49-04, Peninsula Three

49-04 is a studio of 413 sqft on the 49th floor of Peninsula Three, a 49-storey tower in Business Bay completed in 2025 by Select Global Development. It last sold on 16 May 2024 for AED 1,120,000, or AED 2,711 per sqft, 9% above the AED 2,477 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 49-04 over time

Sales
Unit 49-04, each saleTypical studio in Peninsula Three
1M1.2M202220242026Typical sale price by year: 2022 AED 934,920; 2023 AED 987,500; 2024 AED 1,090,000; 2025 AED 1,150,000; 2026 AED 1,235,000Sold by developer, August 2022: AED 961,000 (AED 2,326 per sqft)Sold, May 2024: AED 1,120,000 (AED 2,711 per sqft)

49-04 has sold twice; the dashed line is the studio median of each year in the building.

Studios in Peninsula Three, and where 49-04 sits

All 212 studios →

49-04 last sold in May 2024 at AED 2,711 per sqft, 9% above what studios in Peninsula Three were fetching at the time (AED 2,477). Over the last 12 months studios sold for AED 1,000,000 to 1,370,000, around AED 2,814 per sqft, and rent for AED 80,000 to 99,732 a year.

Recent studio salesUnit no.Price (AED)Summary
11 Feb 20261,180,000
9 Feb 20261,315,000
9 Feb 20261,370,000
5 Feb 20261,200,000
8 studio 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 49th floor

All 842 units in Peninsula Three
Value
49-012-bedAED 2.33M · Oct 2022
49-021-bedAED 1.52M · Sep 2022
49-03StudioAED 961K · Oct 2022
49-051-bedAED 1.93M · Feb 2026
49-061-bedAED 1.56M · May 2024
49-071-bedAED 1.57M · Sep 2022
49-08AED 2.5M · Sep 2025

49-04, Peninsula Three in numbers

  • Sold twice: first on 17 August 2022 for AED 961,000, last on 16 May 2024 for AED 1,120,000 (AED 2,711 per sqft).
  • Studios in Peninsula Three sold for AED 1,000,000–1,370,000 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 16 May 2024.

Questions about 49-04, Peninsula Three

What did unit 49-04 last sell for?

AED 1,120,000 on 16 May 2024: AED 2,711 per sqft for 413 sqft. The unit has 2 registered sales; the first was AED 961,000 in August 2022.

How big is unit 49-04?

413 sqft (38.4 sqm): a studio on the 49th floor of a 49-storey tower completed in 2025.

What is unit 49-04 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Peninsula Three sold for AED 1,000,000 to 1,370,000 in the last 12 months, around AED 2,814 per sqft.

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Mortgage on 49-04, Peninsula Three

Starts from the last sale price (AED 1.12M, 16 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,120,000
Deposit, UAE resident (20%)
AED 224,000
Deposit, non-resident (40%)
AED 448,000
Monthly over 25 years at 3.7%
AED 4,582

Plus AED 52,050 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →