Select Global Development L.L.C · Selling since 2022 · recent sales mostly resales
AED 2,692/sqft
+1.7%
AED 3,631,433
AED 2,944,755 to AED 4,345,686, from 4.1 years of this project's own history. A trend, not a forecast.
High
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually registered at in Peninsula Three — not an asking price, and not this project’s overall median, which mixes every unit size together.
A year’s rent against what that size actually sold for in Peninsula Three over the same twelve months. Prices are this project’s own registered sales. Rents marked this building are registered new tenancies in Peninsula Three itself; the rest are homes of the same size in Business Bay, used where Ejari did not name the building.
| Size | Costs now | Rents for | Gross yield | Sales behind it |
|---|---|---|---|---|
| Studio | AED 1.2M | AED 74,000/yrthis building · 96 new lets | 6.2% | 38 |
| 1 bed | AED 1.75M | AED 100,000/yrthis building · 213 new lets | 5.7% | 101 |
| 2 beds | AED 2.73M | AED 165,000/yrthis building · 53 new lets | 6.0% | 32 |
Why this is lower than yields quoted elsewhere
The usual shortcut divides today’s rent by an average price — and in a market that has risen as far as Dubai’s, the average is a historical price. On that arithmetic a studio here reads 7.5% instead of 6.2%, because it prices the home at AED 981K — the median across every sale on record — rather than the AED 1.2M it costs today. Every figure above uses the same twelve months on both sides.
Price vs. Business Bay median
+26.9%
Priced above the area's real median — ask why.
Developer track record
10,205 real transactions
7 completed · 9 off-plan/in progress
Full track record →Verify before you commit
Permit, title, broker license, escrow — the free official checks.
Verification guide →Transport, schools, healthcare, and daily essentials within 3 km.
1.1 km
Business Bay
1.7 km
Safa Private School
932 m
Nexx Home Healthcare Services
167 m
Spinneys
What it returns after service charges
Starting from the middle filed owners-association budget in this area — AED 18/sqft across 39 buildings, most recently filed for 2023. Charges have risen since then and the filing is matched to this page by name, so replace it with your own invoice if you have one. How to check it.
| Size | Charge / year | Rent after it | Gross | Net |
|---|---|---|---|---|
| Studio | AED 7,436 | AED 66,564 | 6.2% | 5.5% |
| 1 bed | AED 12,253 | AED 87,747 | 5.7% | 5.0% |
| 2 beds | AED 16,930 | AED 148,070 | 6.0% | 5.4% |
Still not the final number: agency commission on re-letting, and any month the home sits empty, both come out of net rent too. This subtracts the service charge only, because it is the one cost that is the same every year whether or not the home is let.
Gross yield: rent before costs. Service charges, agency commission, and any month the home sits empty all come out of it — in Dubai the service charge alone is commonly a fifth to a third of the rent, so treat these as the ceiling rather than the return.
Straight-line distances — actual walking or driving routes will be longer. Measured from this project's own mapped location. Places data from OpenStreetMap.