Peninsula Three, Business Bay
Located in Business Bay, Dubai. Its price per sqft is +6% vs the Peninsula Three median (AED 2,683/sqft).
Sale price
AED 1,200,000
- Per sqft
- AED 2,857
- Registered
- 23 Sept 2026, 13:10 (Dubai)
01 / Price history
This unit's history
Every registration of this studio apartment in Peninsula Three: same layout, exact size (420 sqft) and parking bay P1-93. The registry has no unit numbers, so records are matched on these details.
23 Sept 2026This sale
420 sqft · AED 2,857/sqft · Ready
First recordAED 1,200,00023 Sept 2026Mortgage
Same day as previous · 420 sqft · AED 2,238/sqft · Ready
22%lower than the previous recordAED 940,000
- Records
- 2
- Registered
- Same day
- as the mortgage, 23 Sept 2026
- Loan to value
- 78%
- AED 940K mortgage on the AED 1.2M sale
02 / The property
Property details
- Size
- 420 sqft · 39.02 m²
- Bedrooms
- Studio
- Registered as
- Sale
- Property sub-type
- Flat
- Usage
- Residential
- Tenure
- Freehold
- Parking
- P1-93
- 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. Percentages compare each sale with this one.
04 / Renting it out
What similar apartments rent for
Median of 4 market rents of apartments of 357–483 sq ft in Peninsula Three. The gross yield is that rent against this sale's price, before service charges, fees and empty months.
- Median rent / yr
- AED 77,500
- Per sqft / yr
- AED 182/sqft
- Gross yield
- 6.5%