Peninsula Five, Business Bay: sale prices and transactions
Peninsula Five is a project registered with the Dubai Land Department (project no. 2344) in Business Bay. Since April 2022, 636 residential sales have been registered there, the latest in October 2026. Over the last 12 months, 57 sales closed at a median AED 28,238 per m² (AED 2,623 per sq ft).
- AED 28,238median price per m²
- AED 2,623median price per sq ft
- 636sales since 2022
- 57sales in 12 months
- +1.7%change year on year
Its price per m² is 10.6% above the Business Bay median (AED 25,523/m²). Most sales (77.8%) were registered off-plan: the project was sold before completion.
Peninsula Five prices by bedroom
Median sale price and median size, DLD sales over the last 12 months (at least 3 sales per row).
| Unit type | Sales | Median price | Median size |
|---|---|---|---|
| Apartment · Studio | 6 | AED 1,482,500 | 49 m² |
| Apartment · 1 bedroom | 27 | AED 2,170,000 | 76 m² |
| Apartment · 2 bedrooms | 15 | AED 4,050,000 | 126 m² |
| Apartment · 3 bedrooms | 9 | AED 4,850,000 | 168 m² |
Peninsula Five price history
| Year | Sales | Median / m² | Median / sq ft | Change |
|---|---|---|---|---|
| 2022 | 364 | AED 20,959 | AED 1,947 | — |
| 2023 | 44 | AED 22,944 | AED 2,132 | +9.5% |
| 2024 | 80 | AED 23,721 | AED 2,204 | +3.4% |
| 2025 | 113 | AED 28,372 | AED 2,636 | +19.6% |
| 2026 (to mid-October) | 35 | AED 28,251 | AED 2,625 | -0.4% |
Peninsula Five rents
181 Ejari contracts started in the project over the last 12 months. Indicative gross yield: 1 bedroom 6.2%, 2 bedrooms 5.4%.
| Unit type | Contracts | Median annual rent | Middle 50% range | New leases |
|---|---|---|---|---|
| Apartment · Studio | 55 | AED 85,000 | 75,000 – 90,000 | AED 85,000 |
| Apartment · 1 bedroom | 67 | AED 135,000 | 125,000 – 150,000 | AED 133,000 |
| Apartment · 2 bedrooms | 28 | AED 220,000 | 182,500 – 253,750 | AED 220,000 |
| Apartment · 3 bedrooms | 31 | AED 290,000 | 250,000 – 425,000 | AED 315,000 |
Buildings recorded in sales
- Peninsula Five - 3
- Peninsula Five - 2
- Peninsula Five - 1
Location
- Nearest metro: Business Bay Metro Station
- Shopping mall: Dubai Mall
- Landmark: Downtown Dubai
Neighbouring projects in Business Bay
Same price per m² elsewhere in Dubai
- Binghatti Ghost, Dubai Health Care City Phase 2 — AED 28,163/m²
- The Pier, Dubai Maritime City — AED 28,240/m²
- Bay Grove Residences D - Dubai Islands, Palm Deira — AED 28,153/m²
- Park Field, Dubai Hills Estate — AED 28,153/m²
Other projects in Business Bay
- Binghatti Aquarise — AED 28,245/m²
- The Crestmark — AED 27,962/m²
- One River Point — AED 28,562/m²
- Peninsula Three — AED 28,633/m²
- Peninsula Two — AED 27,726/m²
- DG1 Living — AED 27,554/m²
- The Quayside — AED 27,233/m²
- Peninsula Four — AED 27,158/m²
Business Bay property prices · Business Bay rents · Dubai property prices
Frequently asked questions
What is the price per sq ft at Peninsula Five?
Over the last 12 months the median is AED 2,623 per sq ft (AED 28,238 per m²) across 57 DLD sales.
How much is a studio at Peninsula Five?
Median sale price AED 1,482,500 for a median 49 m², across 6 sales over the last 12 months.
How many sales have been registered at Peninsula Five?
636 residential sales registered with the DLD between April 2022 and October 2026, 77.8% of them off-plan.
Where is Peninsula Five?
In Business Bay, Dubai; nearest metro station per the DLD: Business Bay Metro Station.
Sources and method
Sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), registered residential sales (apartments, villas and townhouses) from October 16, 2025 to October 16, 2026 for the last 12 months. Price per m² = sale price / registered area; we use the median, which is less sensitive to unusual deals. 1 m² = 10.764 sq ft.
Rents: DLD "Rent Contracts" (Ejari) dataset (data.dubai), single-unit residential contracts starting between October 20, 2025 and October 20, 2026, median annual rent. The gross yield shown is the median rent divided by the median price of the same unit type: a market benchmark, before service charges and vacancy.
Data published under the Dubai Open Data Licence, downloaded on 20 October 2026 and analysed by Cevitas Real Estate. They describe past transactions and are not a valuation or investment advice.