PropertyIndex

Peninsula Three

Under Construction · Due Q2 2025 · 93%|859 units · 1 tower

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Peninsula Three is an under-construction apartment development by SELECT GLOBAL DEVELOPMENT L.L.C in Business Bay, comprising 859 registered units. 1,250 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,613 per sqft. At AED 2,613 per sqft, Peninsula Three prices 7% above the Business Bay average of AED 2,432 per sqft on registered sales.

PIX© price · 0.9% YoY
1.76MAED
Typical
2,613AED
PSF
Gross yield
5.9%
PIX© rent ÷ PIX© price
Sale records
1,250
DLD · all time
Rent contracts
353
Ejari · all time
Peninsula Three

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
409 – 2,352 sqft
8591.76M2,6130.9%103K5.9%
Residential
Studio · Apartment
409 – 446 sqft
224
1 Bed · Apartment
638 – 828 sqft
491
2 Bed · Apartment
923 – 1,081 sqft
138
Commercial
Shop
851 – 2,352 sqft
6
Sales — Project-Wide1,250 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Floor Analysis
last 24 months
Median PSF · 287 sales
Floors 4-7 · 30 sales
Floors 8-49 · 257 sales
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
13 Aug 20262 BedFloor 499873,199,0003,242PremiumStandard Sale
12 Aug 20261 BedFloor 46761,650,0002,440CompletionStandardStandard Sale
11 Aug 20261 BedFloor 426721,850,0002,753+16.8%StandardStandard Sale
Rentals — Project-Wide353 Ejari contracts
PIX© rent analysis
All time
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 345 rentals
Floors 4-26 · 187 rentals
Floors 28-49 · 158 rentals
Latest contracts
Start DateUnitSizeRent / YrRent PSFvs Prior RentTierType
7 Sep 20261 Bed68599,723146Standardnew
1 Sep 20261 Bed67890,000133Entry Levelnew
28 Aug 20261 Bed82775,00091Entry Levelnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Business Bay

The closest-priced registered projects in Business Bay.

Common questions about Peninsula Three

Answered from Dubai Land Department registered transactions.

How much does a property in Peninsula Three cost?

Property in Peninsula Three sells at a current PIX© price of AED 2,613 per sqft, or about AED 1,763,793 for a typical unit, based on 1,250 sales registered with the Dubai Land Department.

When is Peninsula Three handing over?

Peninsula Three is under construction, due q2 2025, and is 93% complete against the Dubai Land Department's reported progress.

Who is the developer of Peninsula Three?

Peninsula Three is developed by SELECT GLOBAL DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Peninsula Three?

Peninsula Three yields 5.9% gross, calculated from current PIX© rent against current PIX© sale price, across 353 registered Ejari contracts.

How many units are in Peninsula Three?

Peninsula Three holds 859 registered units, per the Dubai Land Department unit register.

Have prices in Peninsula Three gone up or down?

Price per sqft has risen +0.9% over the last 12 months, to AED 2,613, across 1,250 registered sales.