Market bulletin · Thu, 22 Oct 2026
Peninsula Three: median AED 2,649/sqft, flat over three months on 21 sales
Peninsula Three recorded 5 sales worth AED 7.87M in the 30 days to Thu, 22 Oct 2026, down 16.7% on the previous 30 days. Over the last week 2 sales were registered (AED 4.32M), against 0 the week before.
The median sale over the last three months was AED 1.75M, or AED 2,649/sqft — like-for-like prices per sqft flat on the previous three months. Monthly medians over the past year ranged from AED 2,481/sqft to AED 2,805/sqft.
By market over 12 months: off-plan resales 12.7%, secondary (ready) sales 87.3%.
In Business Bay, Peninsula Three ranked #11 of 11 leading projects by 12-month sales value; it is developed by Select Group.
Leases registered in the last three months had a median annual rent of AED 100K; like-for-like rent per sqft is up 10.8% on the previous three months. The best gross yield is on 2 BR apartments at about 6.2%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | AED 2,554 |
| Jul 26 | AED 2,573 |
| Jun 26 | AED 2,650 |
| May 26 | AED 2,512 |
| Apr 26 | AED 2,683 |
| Mar 26 | AED 2,805 |
| Feb 26 | AED 2,801 |
| Jan 26 | AED 2,481 |
| Dec 25 | — |
| Nov 25 | AED 2,598 |
| Oct 25 | AED 2,576 |
| Sept 25 | AED 2,517 |
| Aug 25 | AED 2,564 |
| Jul 25 | AED 2,548 |
| Jun 25 | AED 2,682 |
| May 25 | AED 2,538 |
| Apr 25 | AED 2,700 |
| Mar 25 | AED 2,600 |
| Feb 25 | AED 2,598 |
| Jan 25 | AED 2,663 |
| Dec 24 | AED 2,681 |
| Nov 24 | AED 2,620 |
Off-plan vs resale vs secondary
Monthly median AED/sqft by market (months with 10+ sales)
View data table
| Date | Off-plan resale | Secondary (ready) |
|---|---|---|
| Oct 26 | — | — |
| Sept 26 | — | — |
| Aug 26 | — | AED 2,554 |
| Jul 26 | — | — |
| Jun 26 | — | AED 2,650 |
| May 26 | — | — |
| Apr 26 | — | AED 2,683 |
| Mar 26 | — | AED 2,805 |
| Feb 26 | — | AED 2,801 |
| Jan 26 | — | — |
| Dec 25 | — | — |
| Nov 25 | AED 2,598 | — |
| Oct 25 | AED 2,576 | — |
| Sept 25 | AED 2,552 | — |
| Aug 25 | — | — |
| Jul 25 | AED 2,548 | — |
| Jun 25 | — | — |
| May 25 | AED 2,538 | — |
| Apr 25 | AED 2,700 | — |
| Mar 25 | AED 2,600 | — |
| Feb 25 | AED 2,598 | — |
| Jan 25 | AED 2,663 | — |
| Dec 24 | — | — |
| Nov 24 | AED 2,622 | — |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 3 |
| Sept 26 | 0 | 0 | 4 |
| Aug 26 | 0 | 0 | 14 |
| Jul 26 | 0 | 0 | 8 |
| Jun 26 | 0 | 0 | 13 |
| May 26 | 0 | 0 | 7 |
| Apr 26 | 0 | 0 | 16 |
| Mar 26 | 0 | 0 | 12 |
| Feb 26 | 0 | 0 | 20 |
| Jan 26 | 0 | 0 | 6 |
| Dec 25 | 0 | 1 | 0 |
| Nov 25 | 0 | 13 | 0 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 5 | down 16.7% | AED 7.87M | 2,694 | up 4.5% |
| Last 3 months | 21 | down 32.3% | AED 37.7M | 2,649 | up 1.9% |
| Last 6 months | 52 | down 21.2% | AED 92.7M | 2,607 | down 4.5% |
| Last 12 months | 118 | down 16.3% | AED 212M | 2,659 | up 2.3% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Off-plan resale | 15 | 13% | AED 1.75M | 2,627 | up 1.0% |
| Secondary (ready) | 103 | 87% | AED 1.75M | 2,665 | — |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 27 | 23% | AED 1.20M | 2,847 | up 3.3% |
| 1 bedroom | 70 | 59% | AED 1.75M | 2,570 | up 3.1% |
| 2 bedrooms | 21 | 18% | AED 2.70M | 2,739 | up 8.5% |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 85 | 72% | AED 1.65M | 2,648 | up 1.8% |
| AED 2M–10M | 33 | 28% | AED 2.45M | 2,765 | up 8.9% |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | AED 105K |
| Sept 26 | AED 100K |
| Aug 26 | AED 100K |
| Jul 26 | AED 90K |
| Jun 26 | AED 90K |
| May 26 | AED 95K |
| Apr 26 | AED 100K |
| Mar 26 | AED 130K |
| Feb 26 | AED 120K |
| Jan 26 | AED 100K |
- Leases (12M)
- 449
- New leases
- 100%
- Median rent 3M
- AED 100K
- Rent/sqft 3M
- AED 159
| Studio apartments | AED 73K / AED 1.20M | 6.0% |
|---|---|---|
| 1 BR apartments | AED 100K / AED 1.78M | 5.6% |
| 2 BR apartments | AED 168K / AED 2.70M | 6.2% |
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| Studio | 64 | AED 73K | AED 73K | 172 |
| 1 BR | 194 | AED 100K | AED 100K | 163 |
| 2 BR | 40 | AED 168K | AED 168K | 174 |
Competing projects in Business Bay
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Bugatti ResidencesBinghatti | 26 | 5,436 | — |
| DWTN Residences - Downtown ResidencesDeyaar Development | 294 | 2,773 | — |
| Al Habtoor TowerAl Habtoor Group | 177 | 2,661 | — |
| One by BinghattiBinghatti | 172 | 2,205 | up 2.7% |
| Tiger Sky TowerTiger Properties - Tiger Real Estate | 156 | 2,350 | — |
| Volante 2Xtreme Vision | 12 | 3,491 | — |
| Burj Binghatti by Jacob & CoBinghatti | 27 | 3,523 | — |
| Avarra - Business Bay Palace ResidencesEmaar Properties | 59 | 3,460 | — |
| One River PointEllington Properties Development | 79 | 2,714 | — |
| Bayz 102 By DanubeDanube Properties | 93 | 2,955 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 2.95M | 2 BR Apartment · 987 sqftPeninsula Three · Business Bay | 6 Aug |
| AED 2.80M | 2 BR Apartment · 925 sqftPeninsula Three · Business Bay | 20 Aug |
| AED 2.70M | 2 BR Apartment · 946 sqftPeninsula Three · Business Bay | 17 Aug |
| AED 2.52M | 2 BR Apartment · 945 sqftPeninsula Three · Business Bay | 16 Oct |
| AED 2.45M | 2 BR Apartment · 923 sqftPeninsula Three · Business Bay | 26 Aug |
| AED 2.00M | 1 BR Apartment · 828 sqftPeninsula Three · Business Bay | 26 Aug |
Questions about Peninsula Three
What is the average price per sqft in Peninsula Three?
The median sale price in Peninsula Three over the last three months was AED 2,649 per sqft (median sale AED 1.75M), based on 21 sales registered with Dubai Land Department.
How many properties were sold in Peninsula Three in the last year?
118 sales worth AED 212M were registered in the last 12 months: 0% developer off-plan, 13% off-plan resales and 87% secondary (ready) sales.
What is the average rent in Peninsula Three?
The median annual rent on leases registered in the last three months was AED 100K, and the best gross rental yield is about 6.2%.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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