Bedroom typeBusiness Bay · Select Global Development · 2025

Studios in Peninsula Three

Studios in Business Bay. 6 studios sold in the last 12 months; every sale, rent and unit is below.

Last 12 months · studiosUpdated 1 March 2026
Typical price per sqftAED 2,9086 sales
Typical saleAED 1.24M6 sales
Typical rentAED 85K /yrAED 202 per sqft
Typical yield7.0%gross, before service charges

About the studios in Peninsula Three

Peninsula Three has 212 studios, 25% of its 849 apartments, at 410 to 436 sqft. 8 of the building's 32 sales in the last 12 months were studios.

6 studios sold in the 12 months to March 2026, at a median of AED 2,908 per sqft. The median sale was AED 1,240,000, from AED 1,000,000 to 1,370,000, against a median of AED 2,697 per sqft for the building as a whole. 11 contracts registered over the same 12 months rented them for AED 80,000 to 99,732 a year, a gross yield of about 7.0% before the service charge.

Studios
212
Share of building
25%
Size
410–436 sqft
Last sale
11 February 2026
Building
Peninsula Three

Business Bay, Dubai

Average prices in Peninsula Three

Studios in Peninsula Three sell for around AED 1,200,000, or AED 2,814 per sqft, 4% more per sqft than the building average. The other types: AED 1,790,000 for one-beds and AED 2,750,000 for two-beds.

Last 12 months of DLD sales, median per type. The paler bars link to the other types’ pages.

Studio price history in Peninsula Three

2,2502,5002,7503,000May 2026Nov 20262026-02-02: AED 3,101, Studio, 409 sqft2026-02-05: AED 2,333, Studio, 429 sqft2026-02-05: AED 2,692, Studio, 446 sqft2026-02-09: AED 3,080, Studio, 427 sqft2026-02-09: AED 3,197, Studio, 429 sqft2026-02-11: AED 2,735, Studio, 431 sqftTrend: AED 2,789 to AED 2,915

Every registered sale in the last 12 months; the dashed line is the trend within those 12 months, grey dots are flagged outliers left out of it.

Studio transactions in Peninsula Three

  • CompletedStudio · 414 sqft 11 Feb 2026AED 1,180,0002,849 /sqft
  • CompletedStudio · 413 sqft 09 Feb 2026AED 1,315,0003,183 /sqft
  • CompletedStudio · 412 sqft 09 Feb 2026AED 1,370,0003,321 /sqft
  • CompletedStudio · 412 sqft 05 Feb 2026AED 1,000,0002,424 /sqft
  • CompletedStudio · 435 sqft 05 Feb 2026AED 1,200,0002,753 /sqft
  • CompletedStudio · 423 sqft 02 Feb 2026AED 1,270,0002,996 /sqft
  • Off-planStudio · 412 sqft 28 Jul 2025AED 1,330,0003,224 /sqft
  • Off-planStudio · 423 sqft 10 Jul 2025AED 1,100,0002,595 /sqft
  • Off-planStudio · 423 sqft 10 Jul 2025AED 1,080,0002,548 /sqft
  • Off-planStudio · 410 sqft 04 Jul 2025AED 1,190,0002,897 /sqft

Over the last 12 months, Peninsula Three has recorded 6 studio sales. Typical homes sold for around AED 1.24M (about AED 2,908 per sqft) with a median size of 429 sqft, from roughly AED 1M to AED 1.37M.

1–10 of 306

Studios in Peninsula Three

212 units
  • Unit 10-01Studio · 436 sqftSold AED 878K, Sep 2022
  • Unit 10-03Studio · 415 sqftSold AED 838K, Oct 2022
  • Unit 10-04Studio · 411 sqftSold AED 1.03M, Oct 2024
  • Unit 10-09Studio · 410 sqftSold AED 871K, Aug 2022
  • Unit 10-10Studio · 414 sqftSold AED 881K, Sep 2022
  • Unit 10-11Studio · 424 sqftSold AED 1.05M, Feb 2024
  • Unit 11-01Studio · 436 sqftSold AED 910K, Dec 2023
  • Unit 11-03Studio · 415 sqftSold AED 1.03M, Sep 2024
  • Unit 11-04Studio · 411 sqftSold AED 833K, Sep 2022
  • Unit 11-09Studio · 410 sqftSold AED 878K, Sep 2022
1–10 of 212
Every unit in Peninsula Three, by number

Nearby in Business Bay

All 170 →
BuildingSale /sqftYield
Peninsula TwoAED 2,657
Peninsula OneAED 2,7587.0%
Ahad ResidencesAED 2,4296.2%
The BurlingtonFew sales
Bugatti ResidencesAED 6,986
1–5 of 169 · nearest first

Peninsula Three studios in numbers

  • Across 6 DLD sales in the 12 months to March 2026, the median price in Studios in Peninsula Three was AED 2,908 per sqft and the typical home sold for about AED 1.24M.
  • Completed in 2025 by Select Global Development; 49 floors of studios to two-beds.
  • Studios of 410 to 436 sqft sold for AED 1,000,000 to 1,370,000 between February 2026 and February 2026, a median AED 2,908 per sqft.
  • A studio of 410 to 436 sqft rents for AED 80,000 to 99,732 a year on the 11 contracts registered in the last 12 months.
  • Gross rental yield 7.0%: the median rent per sqft over the median sale price per sqft, before service charges.

Source: Dubai Land Department. Updated 1 March 2026.

Questions

How much does a studio in Peninsula Three cost?

6 studios sold in the 12 months to March 2026, for AED 1,000,000 to 1,370,000; the median was AED 1,235,000, or AED 2,908 per sqft.

How much is a studio for rent in Peninsula Three?

About AED 85,000 a year: that is the median of the 11 contracts for studios registered with Ejari in the 12 months to March 2026, from AED 80,000 to 99,732.

What is the rental yield in Peninsula Three?

About 7.0% gross for studios, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.

Who built Peninsula Three and when?

Select Global Development; completed in 2025; 49 floors; 849 apartments.

How many studios are there in Peninsula Three?

212, of 410 to 436 sqft, 25% of the building's 849 apartments.

Work it out for a home here: how much a rent can rise, the service charge for its size or a mortgage.

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