Peninsula Three, Business Bay: sale prices and transactions
Peninsula Three is a project registered with the Dubai Land Department (project no. 2372) in Business Bay. Since July 2022, 1,269 residential sales have been registered there, the latest in October 2026. Over the last 12 months, 161 sales closed at a median AED 28,633 per m² (AED 2,660 per sq ft).
- AED 28,633median price per m²
- AED 2,660median price per sq ft
- 1,269sales since 2022
- 161sales in 12 months
- +1.9%change year on year
Its price per m² is 12.2% above the Business Bay median (AED 25,523/m²). Most sales (89%) were registered off-plan: the project was sold before completion.
Peninsula Three prices by bedroom
Median sale price and median size, DLD sales over the last 12 months (at least 3 sales per row).
| Unit type | Sales | Median price | Median size |
|---|---|---|---|
| Apartment · Studio | 38 | AED 1,200,000 | 40 m² |
| Apartment · 1 bedroom | 96 | AED 1,750,000 | 63 m² |
| Apartment · 2 bedrooms | 27 | AED 2,750,000 | 88 m² |
Peninsula Three price history
| Year | Sales | Median / m² | Median / sq ft | Change |
|---|---|---|---|---|
| 2022 | 813 | AED 23,018 | AED 2,138 | — |
| 2023 | 67 | AED 24,153 | AED 2,244 | +4.9% |
| 2024 | 118 | AED 26,411 | AED 2,454 | +9.3% |
| 2025 | 132 | AED 27,973 | AED 2,599 | +5.9% |
| 2026 (to mid-October) | 139 | AED 28,880 | AED 2,683 | +3.2% |
Peninsula Three rents
451 Ejari contracts started in the project over the last 12 months. Indicative gross yield: studio 6.3%, 1 bedroom 5.7%, 2 bedrooms 6%.
| Unit type | Contracts | Median annual rent | Middle 50% range | New leases |
|---|---|---|---|---|
| Apartment · Studio | 115 | AED 75,000 | 67,000 – 84,765 | AED 75,000 |
| Apartment · 1 bedroom | 270 | AED 100,000 | 91,500 – 120,000 | AED 100,000 |
| Apartment · 2 bedrooms | 66 | AED 165,000 | 145,000 – 185,000 | AED 165,000 |
Location
- Nearest metro: Business Bay Metro Station
- Shopping mall: Dubai Mall
- Landmark: Downtown Dubai
Peninsula Three off-plan: official sheet, progress and price list
Developer: Select Global Development L.L.C, all projects
Neighbouring projects in Business Bay
Same price per m² elsewhere in Dubai
- Stella Maris, Dubai Marina — AED 28,612/m²
- Redwood Park Phase2, Jumeirah Golf Estates — AED 28,658/m²
- Lime Gardens, Dubai Hills Estate — AED 28,609/m²
- Lamaa, Um Suqaim Third — AED 28,669/m²
Other projects in Business Bay
- One River Point — AED 28,562/m²
- Binghatti Aquarise — AED 28,245/m²
- Peninsula Five — AED 28,238/m²
- The Crestmark — AED 27,962/m²
- Al Habtoor Tower — AED 29,416/m²
- Peninsula Two — AED 27,726/m²
- DG1 Living — AED 27,554/m²
- One.B Tower — AED 29,795/m²
Business Bay property prices · Business Bay rents · Dubai property prices
Frequently asked questions
What is the price per sq ft at Peninsula Three?
Over the last 12 months the median is AED 2,660 per sq ft (AED 28,633 per m²) across 161 DLD sales.
How much is a studio at Peninsula Three?
Median sale price AED 1,200,000 for a median 40 m², across 38 sales over the last 12 months.
How many sales have been registered at Peninsula Three?
1,269 residential sales registered with the DLD between July 2022 and October 2026, 89% of them off-plan.
Where is Peninsula Three?
In Business Bay, Dubai; nearest metro station per the DLD: Business Bay Metro Station.
Sources and method
Sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), registered residential sales (apartments, villas and townhouses) from October 16, 2025 to October 16, 2026 for the last 12 months. Price per m² = sale price / registered area; we use the median, which is less sensitive to unusual deals. 1 m² = 10.764 sq ft.
Rents: DLD "Rent Contracts" (Ejari) dataset (data.dubai), single-unit residential contracts starting between October 20, 2025 and October 20, 2026, median annual rent. The gross yield shown is the median rent divided by the median price of the same unit type: a market benchmark, before service charges and vacancy.
Data published under the Dubai Open Data Licence, downloaded on 20 October 2026 and analysed by Cevitas Real Estate. They describe past transactions and are not a valuation or investment advice.