Peninsula Three, Business Bay

    Sold Prices · DLD Data

    Peninsula Three

    Business Bay, Dubai · Business Bay

    AED 2,637

    Avg Price / sqft

    AED 1.8M

    Avg Sale Price

    123

    DLD Sales Recorded

    4.9%

    Est. Gross Yield

    View listings Explore Business Bay

    Market snapshot

    Peninsula Three — the numbers

    Peninsula Three is a residential building in Business Bay, Dubai with approximately 859 units. Dubai Land Department records show 123 sales in the building, at an average price of AED 1.8M — around AED 2,637 per square foot.

    Since January 2026, 122 sales completed in Peninsula Three, with the average price per square foot moving from AED 2,516 to AED 2,404 (-4.4%). That softening can open negotiating room for buyers.

    Benchmarked against average residential rents in Business Bay, a typical unit in Peninsula Three returns an estimated 4.9% gross rental yield before service charges — a useful starting point for investors comparing towers across Business Bay.

    Figures are from Dubai Land Department transaction records for Peninsula Three; individual units vary by floor, view and finish. Gross yield is estimated against average Business Bay residential rents, before service charges.

    Price trend

    Price trend in Peninsula Three

    Average sale price per sqft by month since January 2026-4.4%

    2,4602,6272,794Jan 26: AED 2,516/sqft · 6 salesJan 26Feb 26: AED 2,850/sqft · 29 salesFeb 26Mar 26: AED 2,750/sqft · 16 salesMar 26Apr 26: AED 2,650/sqft · 19 salesApr 26May 26: AED 2,542/sqft · 11 salesMay 26Jun 26: AED 2,668/sqft · 19 salesJun 26Jul 26: AED 2,463/sqft · 10 salesJul 26Aug 26: AED 2,404/sqft · 12 salesAug 26

    Unit types

    Prices by unit type

    Studio

    AED 1.2M

    AED 2,825/sqft

    27 sales · last 12 months

    1 Bed

    AED 1.8M

    AED 2,584/sqft

    73 sales · last 12 months

    2 Bed

    AED 2.6M

    AED 2,696/sqft

    22 sales · last 12 months

    Transactions

    Recent sold prices

    DateTypeBedsSize (sqft)PriceAED/sqft
    17 Aug 2026Sales2946AED 2.7MAED 2,853
    17 Aug 2026Sales1660AED 1.5MAED 2,274
    13 Aug 2026Sales2987AED 3.2MAED 3,242
    12 Aug 2026Sales2945AED 135KAED 143
    12 Aug 2026Sales1676AED 1.6MAED 2,440
    11 Aug 2026Sales2925AED 2.6MAED 2,865
    11 Aug 2026Sales1672AED 1.9MAED 2,753
    10 Aug 2026Sales1827AED 1.9MAED 2,267
    06 Aug 2026Sales2987AED 3.0MAED 2,989
    06 Aug 2026Sales1650AED 1.6MAED 2,492
    04 Aug 2026Sales1685AED 1.5MAED 2,189
    03 Aug 2026Sales1828AED 1.9MAED 2,344
    29 Jul 2026Sales1676AED 1.4MAED 2,072
    23 Jul 2026Sales2946AED 2.6MAED 2,765
    17 Jul 2026Sales1827AED 1.8MAED 2,116
    17 Jul 2026Sales1660AED 1.7MAED 2,636
    13 Jul 2026Sales1676AED 1.8MAED 2,701
    10 Jul 2026Sales1828AED 1.8MAED 2,175
    09 Jul 2026Sales1678AED 1.7MAED 2,509
    09 Jul 2026Sales0423AED 1.2MAED 2,803

    About the area

    Peninsula Three is in Business Bay

    Business Bay is a dynamic urban community situated adjacent to Dubai's iconic Downtown, catering primarily to professionals and expatriates seeking an engaging city lifestyle. This strategically located area runs alongside the picturesque Dubai Canal, offering residents breathtaking waterfront views and a vibrant atmosphere that harmoniously blends work and leisure.

    Explore the Business Bay area guide

    Nearby

    Other buildings in Business Bay

    Hq By Rove

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    Binghatti Aquarise

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    Avarra By Palace

    Business Bay · 153 sales · AED 4.8M avg

    Al Habtoor Tower

    Business Bay · 149 sales · AED 3.6M avg

    Downtown Residences

    Business Bay · 146 sales · AED 3.3M avg

    Peninsula Four

    Business Bay · 143 sales · AED 2.2M avg

    Lumena Alta By Omniyat

    Business Bay · 127 sales · AED 23M avg

    The Edge

    Business Bay · 92 sales · AED 1.7M avg

    Lumena By Omniyat

    Business Bay · 91 sales · AED 33M avg

    FAQ

    Peninsula Three: frequently asked questions

    What is the average price in Peninsula Three?

    The average recorded sale price in Peninsula Three, Business Bay is AED 1.8M, around AED 2,637 per square foot, based on Dubai Land Department transaction data.

    Are prices in Peninsula Three going up or down?

    Average sale prices in Peninsula Three have eased -4.4% per square foot since January 2026, across 122 DLD-recorded sales.

    What rental yield can I expect in Peninsula Three?

    Based on average Business Bay residential rents against sale prices in the building, a typical unit in Peninsula Three yields roughly 4.9% gross per year, before service charges and fees.

    How many properties have sold in Peninsula Three?

    123 sales have been recorded in Peninsula Three according to DLD data, across approximately 859 units.

    Considering Peninsula Three?

    Get honest, DLD-backed guidance on pricing, yields and availability in Business Bay from Binayah's advisors — no pressure, just the numbers.

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