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Sold for AED 1,120,000: Studio Apartment in Peninsula Three

Located in Business Bay, Dubai. Its price per sqft is −6% vs the Peninsula Three median (AED 2,683/sqft).

All Business Bay salesPeninsula Three prices

Sale price

AED 1,120,000

Per sqft
AED 2,513
Registered
19 Sept 2026, 10:52 (Dubai)
Peninsula Three, Dubai

01 / Price history

This unit's history

This is the only registration of this unit on record (same layout, exact size and parking bay B-142).

Comparable sales

02 / The property

Property details

Size
446 sqft · 41.4 m²
Bedrooms
Studio
Registered as
Sale
Property sub-type
Flat
Usage
Residential
Tenure
Freehold
Parking
B-142
Nearest metro
Business Bay Metro Station
Nearest mall
Dubai Mall
Nearest landmark
Downtown Dubai

03 / Comparables

All sales in Peninsula Three (12 Jan 2026 – 12 Oct 2026)

140 market sales, latest 30 shown. Percentages compare each sale with this one.

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Comparable market sales. Change is relative to the selected sale.
Sale recordRecordedValue · AEDAED / sqft
12 Oct 20261.8M+61% vs selected2,816+12% vs selected
8 Oct 20261.2M+7% vs selected2,847+13% vs selected
25 Sept 20261.15M+3% vs selected2,694+7% vs selected
23 Sept 20261.2M+7% vs selected2,857+14% vs selected
Studio · 446 sqftReadySelected sale
19 Sept 20261.12M2,513
15 Sept 20261.95M+74% vs selected2,793+11% vs selected
14 Sept 20261.9M+70% vs selected2,721+8% vs selected
9 Sept 20261.05M−6% vs selected2,356−6% vs selected
8 Sept 20261.74M+55% vs selected2,538+1% vs selected
29 Aug 20261.75M+56% vs selected2,604+4% vs selected
27 Aug 20262M+79% vs selected2,960+18% vs selected
26 Aug 20262M+79% vs selected2,416−4% vs selected
26 Aug 20262.45M+119% vs selected2,654+6% vs selected
26 Aug 20261.73M+54% vs selected2,553+2% vs selected
21 Aug 20261.69M+50% vs selected2,555+2% vs selected
20 Aug 20262.8M+150% vs selected3,027+20% vs selected
19 Aug 20261.2M+7% vs selected2,857+14% vs selected
19 Aug 20262.95M+163% vs selected2,729+9% vs selected
17 Aug 20262.7M+141% vs selected2,853+14% vs selected
17 Aug 20261.5M+34% vs selected2,274−10% vs selected
13 Aug 20263.2M+186% vs selected3,242+29% vs selected
12 Aug 2026135K−88% vs selected—— vs selected
12 Aug 20261.65M+47% vs selected2,440−3% vs selected
11 Aug 20262.65M+137% vs selected2,865+14% vs selected
11 Aug 20261.85M+65% vs selected2,753+10% vs selected
10 Aug 20261.88M+67% vs selected2,267−10% vs selected
6 Aug 20262.95M+163% vs selected2,989+19% vs selected
6 Aug 20261.62M+45% vs selected2,492−1% vs selected
4 Aug 20261.5M+34% vs selected2,189−13% vs selected
3 Aug 20261.94M+73% vs selected2,344−7% vs selected

04 / Renting it out

What similar apartments rent for

Median of 4 market rents of apartments of 379–512 sq ft in Peninsula Three. The gross yield is that rent against this sale's price, before service charges, fees and empty months.

See these contracts
Median rent / yr
AED 77,500
Per sqft / yr
AED 182/sqft
Gross yield
6.9%