Unit 48-11, Peninsula Three: what it sold for and what it is worth now

Unit 48-11 at Peninsula Three is a 2 bed of 987 sq ft. It last sold for AED 2,365,000 on 16 Dec 2022. At AED 2,837 per sq ft, from 25 sales in the building in the last 12 months (2 bed), it is worth about AED 2,800,000 today.

Value todayAED 2,800,000AED 2,620,000 to AED 2,950,000
Last saleAED 2,365,00016 Dec 2022 · Off-plan
Change since last sale+18.4% 
Rent (median asking, 2 bed)AED 185,000Gross yield 6.6%
Bedrooms2 bed
Size987 sq ft
BuildingPeninsula Three by Select Group, handed over 2025
Registered sales of this unit1

Every registered sale of unit 48-11

DatePriceSizeAED/sq ftType
16 Dec 2022AED 2,365,000987 sq ft2,396Off-plan

Latest 2 bed sales in Peninsula Three

UnitDatePriceSizeAED/sq ftType
12-1916 Oct 2026AED 2,525,000945 sq ft2,672Resale
15-1326 Aug 2026AED 2,450,000923 sq ft2,654Resale
47-1220 Aug 2026AED 2,800,000925 sq ft3,027Resale
46-0119 Aug 2026AED 2,950,0001,081 sq ft2,729Resale
31-1817 Aug 2026AED 2,700,000946 sq ft2,854Resale
49-1113 Aug 2026AED 3,199,000987 sq ft3,241Resale
27-1211 Aug 2026AED 2,650,000925 sq ft2,865Resale
35-116 Aug 2026AED 2,950,000987 sq ft2,989Resale

How we worked out the value

We took the 25 sales in Peninsula Three in the last 12 months (2 bed), worked out the price per sq ft of each, and used the middle value (AED 2,837). We multiplied it by the size of this unit (987 sq ft). The range uses the middle half of those sales (AED 2,654 to AED 2,989 per sq ft). Floor, view, condition and upgrades can move the price either way. Sales data to 16 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 48-11 at Peninsula Three worth?

About AED 2,800,000 (range AED 2,620,000 to AED 2,950,000), based on AED 2,837 per sq ft from registered sales up to 16 Oct 2026.

When did unit 48-11 last sell?

16 Dec 2022, for AED 2,365,000 (off-plan). It has 1 registered sale.

What rent can unit 48-11 make?

A 2 bed in Peninsula Three rents for about AED 185,000 a year (median asking rent). That is a gross yield of 6.6% on the estimate.

Sales alert for Peninsula ThreeAll sales in Peninsula Three

Unit 48-10 · Unit 48-12