Project profile
Peninsula Three Project · Business Bay · prices, sales and rents
Registered prices, construction progress and the record across its buildings.
Developer: Select Global Development
- Registered salesLast 12 months
- 159
- Median ready pricePer sq ft
- AED 2,667
- Construction progressCompleted
- 100%
Data to 4 November 2026
Dubai Land Department lists the project as completed on 3 December 2025. In the last 12 months, Dubai Land Department registered 159 sales in Peninsula Three, worth AED 284.6M in total. The median price was 2,626 AED/sqft off-plan and 2,667 AED/sqft for ready homes.
Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence: registered sales and new rent contracts. Medians use at least 5 transactions. Asking prices are aggregates of property portal listings.
A project, in progress.
Completed
- Start
- 1 June 2022
- DLD end date
- 1 June 2025
- Completion
- 3 December 2025
- Units
- 859
- Buildings
- 1
Launch and latest registrations.
- Launch priceFirst 90 days from Jul 2022, 516 home sales
- AED 2,118
- Last 12 months159 home sales
- AED 2,660
- ChangeSame home types, AED/sqft
- +25.4%
Launch price is the median AED/sqft of off-plan home sales in the first 90 days after the first of them was registered, against the median of the project’s home sales in the last 12 months, ready and off-plan, leaving out any from those 90 days; plots and whole buildings count on neither side. The change compares the two periods home type by home type (class and bedrooms, at least 5 sales of a type on both sides), weighted by the later sales, so a shift from studios to larger homes does not read as a change in price; it is shown where those types hold at least 60% of the later sales. The two medians count every home sale, so their mix can differ.
Peninsula Three registered prices, over time.
Median registered price, AED per sq ft
- Ready (registered sales)
- Off-plan (registered sales)
Show the figures
| Month | Ready (registered sales) | Off-plan (registered sales) |
|---|---|---|
| Nov 2023 | — | 2,391 AED/sqft 5 sales |
| Dec 2023 | — | 2,157 AED/sqft 8 sales |
| Jan 2024 | — | 2,300 AED/sqft 5 sales |
| Feb 2024 | — | 2,316 AED/sqft 10 sales |
| Mar 2024 | — | 2,390 AED/sqft 8 sales |
| Apr 2024 | — | 2,422 AED/sqft 14 sales |
| May 2024 | — | 2,399 AED/sqft 22 sales |
| Jun 2024 | — | 2,469 AED/sqft 12 sales |
| Jul 2024 | — | 2,374 AED/sqft 6 sales |
| Aug 2024 | — | — 3 sales |
| Sep 2024 | — | 2,507 AED/sqft 11 sales |
| Oct 2024 | — | — 3 sales |
| Nov 2024 | — | 2,621 AED/sqft 15 sales |
| Dec 2024 | — | 2,681 AED/sqft 9 sales |
| Jan 2025 | — | 2,663 AED/sqft 13 sales |
| Feb 2025 | — | 2,597 AED/sqft 17 sales |
| Mar 2025 | — | 2,601 AED/sqft 11 sales |
| Apr 2025 | — | 2,685 AED/sqft 12 sales |
| May 2025 | — | 2,539 AED/sqft 13 sales |
| Jun 2025 | — | 2,683 AED/sqft 7 sales |
| Jul 2025 | — | 2,518 AED/sqft 9 sales |
| Aug 2025 | — | 2,565 AED/sqft 7 sales |
| Sep 2025 | — | 2,550 AED/sqft 12 sales |
| Oct 2025 | — | 2,538 AED/sqft 14 sales |
| Nov 2025 | — | 2,596 AED/sqft 16 sales |
| Dec 2025 | — | — 1 sale |
| Jan 2026 | 2,479 AED/sqft 6 sales | — |
| Feb 2026 | 2,843 AED/sqft 27 sales | — |
| Mar 2026 | 2,803 AED/sqft 18 sales | — |
| Apr 2026 | 2,652 AED/sqft 18 sales | — |
| May 2026 | 2,511 AED/sqft 12 sales | — |
| Jun 2026 | 2,648 AED/sqft 19 sales | — |
| Jul 2026 | 2,492 AED/sqft 10 sales | — |
| Aug 2026 | 2,654 AED/sqft 21 sales | — |
| Sep 2026 | 2,693 AED/sqft 7 sales | — |
| Oct 2026 | 2,672 AED/sqft 6 sales | — |
What does each home type sell and rent for in Peninsula Three?
Apartment · Studio
- Ready median price
- AED 1.2M
- Median yearly rent
- AED 75K
- Gross yield
- 6.3%
Apartment · 1 bed
- Ready median price
- AED 1.8M
- Median yearly rent
- AED 100K
- Gross yield
- 5.7%
Apartment · 2 beds
- Ready median price
- AED 2.7M
- Median yearly rent
- AED 165K
- Gross yield
- 6%
Last 12 months. Medians of at least 5 registered sales or new rent contracts; the median price of all sales mixes ready and off-plan. Gross yield is the median new yearly rent over the ready median price, shown where a home type has at least 10 ready sales and 5 new rents (“rent only” otherwise), before service charges and other costs.
Service charges.
In the area report.
The Business Bay area report ranks the area’s projects by sales, each with its own owners’ association budget per sq ft a year where it publishes one, beside the area median by budget year.
See the Business Bay area reportAsking prices against sales
- Property portal asking prices8.5%above registered sale pricesMedian gap across 2 segments
Property portal asking prices are compared with registered sales per segment (same market, property type and bedrooms), only where there are at least 10 listings and 10 sales. No individual listing is shown.
The latest registered sales in Peninsula Three.
| Date | Unit | Size | Price | AED/sqft |
|---|---|---|---|---|
| 4 Nov 2026 | Apartment · 1 bed · Ready | 660 sqft | AED 1,700,000 | 2,576 |
| 3 Nov 2026 | Apartment · 1 bed · Ready | 342 sqft | AED 600,000 | 1,754 |
| 29 Oct 2026 | Apartment · 2 beds · Ready | 923 sqft | AED 2,225,000 | 2,411 |
| 28 Oct 2026 | Apartment · 1 bed · Ready | 676 sqft | AED 2,000,000 | 2,959 |
| 22 Oct 2026 | Apartment · 1 bed · Ready | 676 sqft | AED 1,790,000 | 2,648 |
| 19 Oct 2026 | Apartment · 2 beds · Ready | 945 sqft | AED 2,525,000 | 2,672 |
| 12 Oct 2026 | Apartment · 1 bed · Ready | 639 sqft | AED 1,800,000 | 2,817 |
| 8 Oct 2026 | Apartment · Studio · Ready | 422 sqft | AED 1,200,000 | 2,844 |
| 25 Sep 2026 | Apartment · Studio · Ready | 427 sqft | AED 1,150,000 | 2,693 |
| 23 Sep 2026 | Apartment · Studio · Ready | 420 sqft | AED 1,200,000 | 2,857 |
4 Nov 2026
Apartment1 bedReady660 sqft
AED 1,700,0002,576 AED/sqft
3 Nov 2026
Apartment1 bedReady342 sqft
AED 600,0001,754 AED/sqft
29 Oct 2026
Apartment2 bedsReady923 sqft
AED 2,225,0002,411 AED/sqft
28 Oct 2026
Apartment1 bedReady676 sqft
AED 2,000,0002,959 AED/sqft
22 Oct 2026
Apartment1 bedReady676 sqft
AED 1,790,0002,648 AED/sqft
19 Oct 2026
Apartment2 bedsReady945 sqft
AED 2,525,0002,672 AED/sqft
12 Oct 2026
Apartment1 bedReady639 sqft
AED 1,800,0002,817 AED/sqft
8 Oct 2026
ApartmentStudioReady422 sqft
AED 1,200,0002,844 AED/sqft
25 Sep 2026
ApartmentStudioReady427 sqft
AED 1,150,0002,693 AED/sqft
23 Sep 2026
ApartmentStudioReady420 sqft
AED 1,200,0002,857 AED/sqft
Questions about Peninsula Three
What is the price per sq ft in Peninsula Three?
In the 12 months to 4 November 2026, the median registered sale price was 2,667 AED/sqft for ready homes and 2,626 AED/sqft off-plan. The two medians mix different home types.
How many homes were sold in Peninsula Three in the last 12 months?
In the last 12 months, Dubai Land Department registered 159 sales in Peninsula Three, worth AED 284.6M in total. The median price was 2,626 AED/sqft off-plan and 2,667 AED/sqft for ready homes. Registered sales to 4 November 2026.
What is the rent in Peninsula Three?
In the 12 months to 4 November 2026, Apartment · 1 bed was the most rented home type in Peninsula Three, at a median of AED 100,000 a year over 278 new contracts. Against its ready median price of AED 1,750,000, that is a gross yield of 5.7%, before service charges and other costs.
When was Peninsula Three completed?
Dubai Land Department lists the project as completed on 3 December 2025.
Where do these figures come from?
From Dubai Land Department open data, published on Dubai Data, to 4 November 2026: registered sales, new rent contracts and the project register. They are registered sales, not a valuation, and not investment advice.
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