Skip to content
Dubai Wealth Index
Search
Search buildings, areas and projects by name.

Peninsula Three

A 1 bed in Peninsula Three costs a median AED 1.72M, rents long-let for AED 100,000/yr (5.91% gross), and returns 10.45% short-let at the assumed 80% occupancy — -1.2 pts vs Business Bay's 7.14% and -1.1 pts vs Dubai's 6.97% — from 153 sales and 215 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · 1 bed
102 in 12 months
Rental contracts · 1 bed
215 in 12 months
Buy
1.72MAED
AED 2,492/sqft
Long-let
5.91%
AED 100,000/yr
Short-let
10.45%
AED 775/night · 1.13/sqft

Price per sqft: Median of 30 registered sales of ready units in the last 3 months, most recent August 2026.

Priced off 30 sales in the last 3 months.

Yield spread
-1.2 pts
vs the Business Bay median for this unit type
AED/yr/sqft
AED 149
Sales
153
Rental contracts
215
Short-let listings seen
10+
12 months
+1.2%
3 years
+14.6%+4.7%/yr

Based on 153 sales and 215 rental contracts in the last 24 months.

Peninsula Three is an apartment building in Business Bay, Dubai. The closest metro station is Business Bay Metro Station, the nearest mall Dubai Mall and the nearest landmark Downtown Dubai. Land Department records for it run from 2022 to 2026, 2,518 registered sales in all — the 153 in the last 24 months are what every median above is computed from.

Yield by bedroom type

TypeMedian priceAED/sqftYield12moSales
StudioAED 1.16M27926.42%
-1.2 pts
+3.5%97
1 bedAED 1.72M25165.91%
-1.2 pts
+1.2%153
2 bedAED 2.63M26605.96%
-0.7 pts
+10.0%51

Deltas compare each yield with the Business Bay median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Short-let rates around Peninsula Three

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured
Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.
TypeNightly (AED)AED/night/sqftNet revenue at 80%Long-let rentUpliftShort-let yieldListings seen
Studio5841.41AED 137,140AED 75,0001.8×11.85%4+
1 bed7751.13AED 179,759AED 100,0001.8×10.45%10+
2 bed1,1331.15AED 262,850AED 165,0001.6×9.99%1+

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

1 bed: first Oct 2026, 0.75 AED/night/sqft; latest Sep 2027, 0.75 AED/night/sqft; peak Jan 2027, 1.58 AED/night/sqft.

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts
Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing.

Off-plan vs resale

Units sold off-plan in Peninsula Three between 2022 and 2025 went for a median of AED 2,205/sqft (AED 1.41M). The same building resells today at AED 2,627/sqft (AED 1.66M) — an uplift of +23.4%.

Based on 1130 off-plan sales across the building's full history.

Why this uses the full history
This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

129 resales in the last 12 months, against 106 a year on average over 2023–2025.

Sales

DateTypeSqftPriceAED/sqft
26 Aug 20261 bed676AED 1,725,0002,553
26 Aug 20262 bed923AED 2,450,0002,654
21 Aug 20261 bed660AED 1,685,0002,555
20 Aug 2026Studio420AED 1,200,0002,857
20 Aug 20262 bed925AED 2,800,0003,027
19 Aug 20262 bed1,081AED 2,950,0002,729
17 Aug 20261 bed660AED 1,500,0002,274
17 Aug 20262 bed946AED 2,700,0002,853
13 Aug 20262 bed987AED 3,199,0003,242
12 Aug 20262 bed47AED 135,0002,857
12 Aug 20261 bed676AED 1,650,0002,440
11 Aug 20262 bed925AED 2,650,0002,865
11 Aug 20261 bed672AED 1,850,0002,753
10 Aug 20261 bed827AED 1,875,0002,267
6 Aug 20262 bed987AED 2,950,0002,989
6 Aug 20261 bed650AED 1,620,0002,492
4 Aug 20261 bed685AED 1,500,0002,189
3 Aug 20261 bed828AED 1,940,0002,344
29 Jul 20261 bed676AED 1,400,0002,072
23 Jul 20262 bed946AED 2,616,2002,765
20 Jul 20261 bed827AED 1,750,0002,116
17 Jul 20261 bed660AED 1,738,6302,636
13 Jul 20261 bed676AED 1,825,0002,701
10 Jul 20261 bed828AED 1,800,0002,175
9 Jul 2026Studio423AED 1,185,0002,803
9 Jul 20261 bed678AED 1,700,0002,509
2 Jul 20261 bed698AED 1,650,0002,363
1 Jul 20261 bed638AED 1,590,0002,493
30 Jun 20261 bed34AED 81,0002,397
30 Jun 20262 bed1,081AED 3,300,0003,053
29 Jun 20261 bed698AED 1,830,0002,621
29 Jun 20261 bed698AED 1,630,0002,335
29 Jun 20261 bed639AED 1,650,0002,581
29 Jun 20261 bed685AED 1,500,0002,191
25 Jun 20261 bed685AED 1,380,0002,015
22 Jun 20261 bed698AED 2,100,0003,008
22 Jun 20261 bed698AED 2,000,0002,865
22 Jun 20261 bed672AED 1,850,0002,753
16 Jun 20262 bed987AED 2,740,0002,776
11 Jun 20261 bed827AED 2,000,0002,418
10 Jun 2026Studio427AED 1,157,7502,712
9 Jun 2026Studio420AED 1,157,7802,757
5 Jun 20261 bed650AED 1,650,0002,539
4 Jun 20262 bed987AED 3,400,0003,445
3 Jun 2026Studio423AED 1,180,0002,792
2 Jun 2026Studio423AED 1,120,0002,650
2 Jun 20261 bed685AED 1,780,0002,600
2 Jun 20261 bed650AED 1,680,0002,585

48 resales in the last 3 months.

Rental contracts

StartTypeSqftAnnual rentAED/sqftContract
15 Sept 20262 bed1,081AED 165,000153New
10 Sept 20261 bed698AED 100,000143New
7 Sept 20261 bed685AED 99,723146New
1 Sept 20261 bed678AED 90,000133New
31 Aug 20261 bed660AED 135,000205New
28 Aug 20261 bed827AED 75,00091New
27 Aug 20261 bed678AED 48,00071New
26 Aug 20261 bed660AED 90,000136New
26 Aug 2026Studio409AED 68,000166New
25 Aug 20261 bed698AED 96,000137New
25 Aug 20261 bed645AED 120,000186New
25 Aug 20261 bed670AED 87,000130New
24 Aug 20261 bed685AED 120,000175New
23 Aug 20261 bed684AED 95,000139New
23 Aug 20262 bed1,081AED 145,000134New
23 Aug 20261 bed660AED 100,000152New
20 Aug 20261 bed676AED 110,000163New
20 Aug 2026Studio431AED 80,000185New
18 Aug 20261 bed660AED 80,000121New
18 Aug 20261 bed645AED 100,000155New
17 Aug 20261 bed698AED 135,000193New
17 Aug 20261 bed645AED 100,000155New
17 Aug 20261 bed685AED 92,000134New
16 Aug 20262 bed946AED 170,000180New
15 Aug 20261 bed655AED 140,000214New
15 Aug 2026Studio425AED 70,000165New
15 Aug 20261 bed698AED 100,000143New
15 Aug 20262 bed925AED 135,000146New
15 Aug 2026Studio425AED 70,000165New
15 Aug 20262 bed925AED 155,000168New
15 Aug 20261 bed685AED 115,200168New
15 Aug 2026Studio409AED 65,000159New
15 Aug 2026Studio409AED 70,000171New
14 Aug 20261 bed685AED 115,000168New
14 Aug 20261 bed698AED 100,000143New
13 Aug 20261 bed685AED 90,000131New
12 Aug 20262 bed925AED 140,000151New
12 Aug 20262 bed925AED 211,135228New
11 Aug 20261 bed650AED 85,000131New
10 Aug 20261 bed638AED 95,000149New
10 Aug 20261 bed639AED 95,000149New
10 Aug 20261 bed645AED 80,000124New
9 Aug 20261 bed685AED 95,000139New
9 Aug 20261 bed685AED 105,000153New
8 Aug 2026Studio446AED 80,000180New
8 Aug 20262 bed945AED 155,000164New
8 Aug 2026Studio422AED 70,000166New
8 Aug 20261 bed684AED 96,000140New
7 Aug 20261 bed657AED 90,000137New
7 Aug 20261 bed639AED 95,000149New
5 Aug 20261 bed660AED 117,000177New
3 Aug 20262 bed1,081AED 160,000148New
1 Aug 20261 bed650AED 102,500158New
1 Aug 20261 bed678AED 90,000133New
1 Aug 20262 bed1,081AED 140,000130New
1 Aug 20261 bed698AED 95,000136New
1 Aug 20261 bed685AED 85,000124New
1 Aug 20262 bed946AED 145,000153New
1 Aug 20261 bed698AED 110,000158New
1 Aug 20261 bed660AED 100,000152New

Showing the 60 most recent of 204 contracts starting on or after 26 May 2026.

Start dates after 26 Aug 2026 are contracts already filed for a later move-in. They count towards the rent medians above for the same reason they appear here.

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors
51
Lifts
9
Parking bays
902
Swimming pools
2

Nearby

Metro
Business Bay Metro Station
Mall
Dubai Mall
Landmark
Downtown Dubai

Compare with nearby buildings

The most-traded buildings in Business Bay, on the same figures over the same window.

Common questions

What is the rental yield in Peninsula Three?
Peninsula Three returns 5.91% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 215 rental contracts registered in the last 24 months.
How much does a 1 bedroom in Peninsula Three cost?
The median registered sale price is AED 1.72M (2,516 AED/sqft), from 153 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Peninsula Three selling for right now?
Registered sales of ready units in Peninsula Three over the last 3 months have a median of 2,492 AED/sqft, across 30 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in Peninsula Three risen or fallen?
Median price per square foot moved +1.2% over the last 12 months against the 12 before it, on 153 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Peninsula Three compare with Business Bay?
Its 5.91% gross yield sits -1.2 pts against the Business Bay median of 7.14%, computed at the same bedroom grain over the same 24-month window.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26. Short-let rates are collected separately from public Airbnb search results.

Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

Peninsula Three sale record

Record type
Building-level property market record
Data date
Evidence base
153 registered sales in the trailing 24 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
Canonical record
/sale/apartments/dubai/business-bay/peninsula-three
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Peninsula Three sale prices and yield.” Business Bay, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/business-bay/peninsula-three.

Stable dataJSON

Where this data stops

Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.