Peninsula Three rents
- 441 new leases in 12 months
- 853 units
- Business Bay
- near Business Bay Metro Station
A one-bed here leases for about AED 100,000 a year, 4% above the typical Business Bay one-bed.
1 bed · typical new lease
100,000AEDa year
AED 151/sqft
- A month, roughly
- AED 8,333
- vs Business Bay 1 bed
- 4% above the median
- New leases, 12 months
- 264
What should a lease in Peninsula Three cost?A one-bed leases for about AED 100,000 a year
Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the Business Bay median for the type.
Ask an agent about this rent →Rent history and contracts
Every contract registered with Ejari — data to 2026-10-12.
Chart data, 1 bed: 2026, AED 100,000; latest, 2026, AED 100,000; peak, 2026, AED 100,000.
Showing the 60 most recent of 441 contracts starting on or after 12 Oct 2025.
About Peninsula ThreeA 51-floor tower in Business Bay, an 8-minute drive from DIFC
Peninsula Three is an apartment building completed in 2026 by Select Global in Business Bay. 441 yearly leases, new and renewed, were registered with Ejari in the last 12 months.
The building, as registered
- Floors
- 51
- Lifts
- 9
- Parking bays
- 902
- Pools
- 2
- Master developer
- Select Global
Drive times · typical
- Downtown
- 10 min · 3.1 km
- DXB Airport
- 16 min · 15 km
- DIFC
- 8 min · 6.4 km
- Dubai Marina
- 20 min · 20 km
- Palm Jumeirah
- 26 min · 25 km
Nearest, as registered
- Metro
- Business Bay Metro Station
- Mall
- Dubai Mall
- Landmark
- Downtown Dubai
Letting a unit in Peninsula Three?52% of units here signed a yearly lease in 12 months, above the Business Bay median
- Units on a yearly lease
- 52%Fair
- Business Bay median 41%; top tenth from 69%
- Short-let instead, one-bed
- AED 775
- a night on Airbnb; nets 1.6× the yearly rent at 70% occupancy, after fees, cleaning and utilities
Ejari leases to 12 Oct 2026 · Airbnb asking rates for the next 12 months; occupancy is an assumption, not a measurement
Thinking of selling? Peninsula Three sale prices →Comparables in Business Bay
Every Business Bay building with a page, ranked by annual rent per sqft over the same 12 months, all unit types. Peninsula Three places 11th of 100; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against Peninsula Three.
At 1 bed, Peninsula Three ranks 13th of 91 by rent per square foot and 69th of 76 by gross yield in Business Bay.
Market context in Business Bay
Registered sales activity
2,705 ready apartment sales in the 12 months to 2026-10-12.
+5.4% in median AED/sqft versus the preceding year, supported by 2,705 current and 3,581 prior price observations.
Explore sales activityPlanned apartment projects
10,312 known registered units across 12 pending projects planned within one year of the 2026-07-06 register.
10 projects had already passed their planned date; 6 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
11,591 apartments are planned in Business Bay from 2026 to 2028, equal to 64% of the 18,176 homes let there today.
Ready prices per sqft fell in 50% of 131 buildings (counted once per bedroom type) in Business Bay with sales in both years; the typical one moved −0.1%.
The pooled median moved +5.4%: 5.5 points more than the typical building, because different buildings traded in each year.
New-lease rents fell in 79% of 124 buildings (counted once per bedroom type) with leases in both years; the typical one moved −5.6%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
More from Select Global
Peninsula One
Business Bay · 335 contracts, 12 months
117,684
AED a year median · 183/sqft
Studio One
Dubai Marina · 198 contracts, 12 months
80,000
AED a year median · 140/sqft
The Residence at Marina Gate 2
Dubai Marina · 180 contracts, 12 months
150,000
AED a year median · 162/sqft
The Residences at Marina Gate 1
Dubai Marina · 153 contracts, 12 months
160,000
AED a year median · 142/sqft
Nearby in Business Bay
Prices per sq ft around Peninsula Three, on the mapPrices per sq ft around Peninsula Three, on the map
Prive by DAMAC (B)
Business Bay · 438 contracts, 12 months
75,000
AED a year median · 147/sqft
Prive by DAMAC (A)
Business Bay · 438 contracts, 12 months
75,000
AED a year median · 147/sqft
Noura Tower
Business Bay · 406 contracts, 12 months
135,000
AED a year median · 106/sqft
Amna Tower
Business Bay · 406 contracts, 12 months
135,000
AED a year median · 106/sqft
Ask about Peninsula Three
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Common questions
- What is the registered annual rent for a 1 bedroom in Peninsula Three?
- The median new annual rent is AED 100,000, from 264 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.
- How many apartments change hands in Peninsula Three?
- 99 sales were registered with the Dubai Land Department in the last 12 months, alongside 264 Ejari rental contracts. Every median on this page rests on those counts.
- Which metro station is closest to Peninsula Three?
- Business Bay Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Dubai Mall.
- What is the rental yield in Peninsula Three?
- Peninsula Three returns 5.7% gross: a median new-contract rent of AED 100,000 a year (264 Ejari contracts in 12 months) over a price benchmark of AED 1.75M (median of 99 sales in the last 12 months, latest Oct 2026), before service charge, agency fees or vacant months.
- How much does a 1 bedroom in Peninsula Three cost?
- The median registered sale price is AED 1.75M (2,557 AED/sqft), from 99 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
For agents
Send this page to a client as a branded report
Peninsula Three rental record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 264 registered rental contracts in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
- Canonical record
- /rent/apartments/dubai/business-bay/peninsula-three
Cite as: Dubai Wealth Index. “Peninsula Three rents and yield.” Business Bay, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/business-bay/peninsula-three
Stable dataJSON