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Peninsula Three

A 1 bed in Peninsula Three costs a median AED 1.75M, rents long-let for AED 100,000/yr (5.7% gross), and returns 8.9% short-term at the assumed 70% occupancy.

Satellite view of Peninsula Three, Business Bay, Dubai, centred on its registered pin. Apple Maps.
Satellite view of the registered pin · Apple Maps

1 bed · typical price

1.75MAED

AED 2,569/sqft · +2.6% on a year

Rent a year
AED 100,000
Gross yield
5.7%
vs Business Bay
29% above the median
Cost to buy, all inAED 1.86M
Price
AED 1.75M
DLD fee 4%
AED 70,000
Agent 2% + VAT
AED 36,750
Trustee
AED 4,200

Fees repaid by rent13 months

Against this building’s registered sales of the same type.

Ask about Peninsula Three →

Is Peninsula Three a good investment?Easy to sell; the rent pays below the Dubai median and lots of new supply is coming; no record of the rent trend

  1. Does it pay a good rent?5.7% gross, before the service charge (not on file) (Dubai median 6.8%)5.7%Watch
  2. Is it easy to let?52% of units signed a yearly lease in 12 months; the typical Business Bay building manages 41%52%Fair
    Business Bay median 41% · top tenth from 69%Peninsula Three · 52%

    Across 82 Business Bay buildings with 40 or more units, the median signed annual leases on 41% of units in 12 months and the top tenth on 69% or more; Peninsula Three is at 52%.

  3. Are rents going up?Too few new leases on both sides of the year to measure a changeNo record
  4. Are prices going up?1 bed: AED 2,493/sqft a year ago, 2,557 now+2.6%Fair
  5. How fast do fees pay back?AED 110,950 in fees to buy a 1 bed; rent covers it in 1.1 years1.1 yrs
  6. Can I sell easily?164 sales in 12 months, 19% of the tower (133 the year before)164Strength
  7. Is a lot being built nearby?11,591 apartments are planned in Business Bay from 2026 to 2028, equal to 64% of the 18,176 homes let there today. A further 2,730 are past their planned date. Business Bay supply by year →64%Watch
  8. Did earlier buyers gain?Up 24% for launch buyers, before fees+24.1%Context

Readings use published thresholds · 1 bed figures, the most traded type · Data to 12 Oct 2026

Check an asking price →How each reading works →

Peninsula Three prices and rents by unit typeA one-bed costs about AED 1.75M and rents for about AED 100,000 a year

TypeMedian priceGross yieldNew rent12-month changeSales
Studio224 units · 426 sqftAED 1.20M2,808/sqftlaunch 2,251 +24.5%6.3%-0.6 ptsAED 75,000112 contracts+0.7%38
1 bed491 units · 676 sqftAED 1.75M2,557/sqftlaunch 2,108 +21.9%5.7%-0.9 ptsAED 100,000264 contracts+2.6%99
2 bed138 units · 946 sqftAED 2.75M2,819/sqftlaunch 2,166 +31.4%6.0%-0.3 ptsAED 165,00065 contracts+11.6%27
Appreciation, rental income and short-term detail, by unit type

Appreciation

1 bed · price per sqft · Business Bay · area median AED 1,985/sqft

3 years
+15.5% · +4.9%/yr
vs area median
+28.8%
Rank by price per sqft
33rd of 121

Rental income

1 bed · Business Bay

Median new rent
AED 100,000/yr
Yield vs area median
-0.9 pts
Yield vs Dubai (6.8%)
-1.1 pts
Yield rank
69th of 76

Short-term income

1 bed · 70% occupancy · 7-night stays

Median nightly rate
AED 775
Net revenue
AED 155,841/yr
vs long-let rent
1.6×
Listings seen
10+

Price history and sales

As filed with the Land Department — data to 2026-10-12.

Sale price, AED (right axis) Rent on new leases, AED a year (left axis)

Median price paid, 1 bed, as a rolling 3-month median, with the rent on new leases on the same basis. The band along the bottom is the number of sales each month.

Chart data, 1 bed: Jul 2022, AED 1,294,250; latest, Oct 2026, AED 1,850,000; peak, Feb 2026, AED 1,850,000. Rent on new leases: Jan 2026, AED 122,500 a year; latest, Oct 2026, AED 105,000.

Did earlier buyers gain?

Median paid per sqft, all types, against today’s 2,656 · before fees

Launch, 2022–25
2,141
+24%
3 years ago
2,244
+18%
Previous 12 months
2,600
+2%
Last 12 months
2,656
today

The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.

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

DateTypeSqftPriceAED/sqft
12 Oct 20261 bed639AED 1,800,0002,816
8 Oct 2026Studio422AED 1,200,0002,847
25 Sept 2026Studio427AED 1,150,0002,694
23 Sept 2026Studio420AED 1,200,0002,857
21 Sept 2026Studio446AED 1,120,0002,513
15 Sept 20261 bed698AED 1,950,0002,793
14 Sept 20261 bed698AED 1,900,0002,721
9 Sept 2026Studio446AED 1,050,0002,356
8 Sept 20261 bed684AED 1,735,0002,538
31 Aug 20261 bed672AED 1,750,0002,604

Showing the 120 most recent of 139 resales in the last 12 months.

Short-term rates around Peninsula Three

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

70%
TypeNightly, AEDNet revenue at 70%Long-let rentUpliftNet yield
Studio4+ listings seen5841.37/sqftAED 118,916AED 75,0001.6×9.9%
1 bed10+ listings seen7751.13/sqftAED 155,841AED 100,0001.6×8.9%
2 bed1+ listings seen1,1331.16/sqftAED 228,144AED 165,0001.4×8.3%
Nightly rate through the year

Comparables in Business Bay

Every Business Bay building with a page, ranked by price per sqft over the same 12 months, all unit types. Peninsula Three places 36th of 150; the nearest 8 are shown.

RankBuildingMedian priceAED/sqftGross yield12-month changeSales
32Peninsula OneCompleted 2024 · off-plan 1,957/sqftAED 1.83M2,776+4.5%6.4%+6.2%78
33Downtown Residences0% · Q4 2030 · off-plan 2,763/sqftAED 2.58M2,770+4.3%—+2.5%365
34Al Habtoor Tower90% · Q4 2026 · off-plan 2,648/sqftAED 3.44M2,733+2.9%4.5%+5.8%205
35Binghatti Aquarise - TOWER D21% · Q4 2026 · off-plan 2,658/sqftAED 2.17M2,662+0.2%—+0.4%132
36Peninsula Three · this buildingCompleted 2026 · off-plan 2,205/sqftAED 1.74M2,6565.8%+2.2%164
37One River Point12% · Q2 2027 · off-plan 2,642/sqftAED 3.64M2,653-0.1%—-0.6%96
38Peninsula Five - 3Completed 2024 · off-plan 2,003/sqftAED 2.23M2,637-0.7%6.0%+2.9%42
39Binghatti Aquarise - TOWER C21% · Q4 2026 · off-plan 2,630/sqftAED 1.41M2,623-1.3%—-0.4%119
40Binghatti Aquarise - TOWER A21% · Q4 2026 · off-plan 2,622/sqftAED 2.01M2,618-1.5%—-3.5%130

Rank 1 is the dearest per square foot. Differences are against Peninsula Three (AED 2,656/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At 1 bed, Peninsula Three has registered sale prices 29% above the Business Bay median price per square foot of 1,985 AED, across 121 eligible buildings. It ranks 33rd of 121 by price 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 activity

Planned 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 supply

Supply 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 counted
Find service-charge budget evidence for Peninsula Three

Direct 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.

About Peninsula Three

Peninsula Three is an apartment building completed in 2026 by Select Global in Business Bay. 1,269 sales are registered with the Dubai Land Department.

Pinned from Google's place record for the registered name.Open in Google Maps

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

Peninsula Three: AED 2,656 per sq ft, 30% above the median Business Bay building, and a 5.8% gross yield, below the area's median building

The building's own figures against its area's registered market, last twelve months.

Price per sq ft

Median registered sale price, AED per sq ft, last 12 months

  1. Peninsula ThreeAED 2,656
  2. Business Bay, readyAED 1,869
  3. Business Bay, off-planAED 2,685
  4. Dubai, readyAED 1,421
Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Gross yield against the area's buildings

Axis: gross yield, % of price

Peninsula ThreeBusiness Bay median building

  1. Business Bay5.8% vs 6.6%
Line: the 10th to 90th percentile of 87 buildings in Business Bay. Gross: before service charge, vacancy and fees. Sources: DLD, Ejari.

Upcoming supply in Business Bay, by handover quarter

More from Select Global

Prices per sq ft around Peninsula Three, on the map
Pills show median sale price, AED. 119 buildings pinned from Google place records and Apple geocoding · Peninsula Three is the inverted pinOpen in Apple Maps

Before you decide

The facts that can change the return, each with the date it rests on.

Rent or buy

What owning a 1 bed here costs against renting it, at stated assumptions you can change.

Monthly cost of owning against renting, with your own deposit and rate

Prefilled from Peninsula Three’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.

Residency
More assumptions

The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.

Monthly mortgage
7,782AED
4.5% over 25 years
Monthly rent
8,333AED
AED 100,000 a year
Cash needed at purchase
481,450AED
20% down plus AED 131,450 in fees

Owning costs AED 340,712 less than renting over 5 years, once the sale is counted.

Buying overtakes renting in year 2.

Cumulative cost by year: renting (solid) against owning net of a sale that year (dashed), at the assumptions above.

Ask about Peninsula Three

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Common questions

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.
What are apartments in Peninsula Three selling for right now?
Registered sales of ready units in Peninsula Three over the last 12 months have a median of 2,569 AED/sqft, across 82 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.
Have prices in Peninsula Three risen or fallen?
Median price per square foot moved +2.6% over the last 12 months against the 12 before it, on 99 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
How does Peninsula Three compare with Business Bay?
Its 5.7% gross yield sits -0.9 pts against the Business Bay median of 6.6%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.

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Peninsula Three sale record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
99 registered sales 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
/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 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/business-bay/peninsula-three

Stable dataJSON