Peninsula One, Business Bay: sale prices and transactions
Peninsula One is a project registered with the Dubai Land Department (project no. 2284) in Business Bay. Since January 2022, 957 residential sales have been registered there, the latest in October 2026. Over the last 12 months, 75 sales closed at a median AED 29,873 per m² (AED 2,775 per sq ft).
- AED 29,873median price per m²
- AED 2,775median price per sq ft
- 957sales since 2022
- 75sales in 12 months
- +5.3%change year on year
Its price per m² is 17% above the Business Bay median (AED 25,523/m²). Most sales (90.6%) were registered off-plan: the project was sold before completion.
Peninsula One 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 | 20 | AED 1,225,000 | 38 m² |
| Apartment · 1 bedroom | 28 | AED 1,800,000 | 59 m² |
| Apartment · 2 bedrooms | 22 | AED 2,650,000 | 88 m² |
| Apartment · 3 bedrooms | 5 | AED 4,300,000 | 143 m² |
Peninsula One price history
| Year | Sales | Median / m² | Median / sq ft | Change |
|---|---|---|---|---|
| 2022 | 544 | AED 19,747 | AED 1,835 | — |
| 2023 | 104 | AED 23,197 | AED 2,155 | +17.5% |
| 2024 | 135 | AED 25,970 | AED 2,413 | +12% |
| 2025 | 141 | AED 28,827 | AED 2,678 | +11% |
| 2026 (to mid-October) | 33 | AED 28,951 | AED 2,690 | +0.4% |
Peninsula One rents
323 Ejari contracts started in the project over the last 12 months. Indicative gross yield: studio 6.5%, 1 bedroom 6.7%, 2 bedrooms 6.6%.
| Unit type | Contracts | Median annual rent | Middle 50% range | New leases |
|---|---|---|---|---|
| Apartment · Studio | 111 | AED 80,000 | 75,000 – 87,764 | AED 80,000 |
| Apartment · 1 bedroom | 116 | AED 120,000 | 110,000 – 135,000 | AED 120,000 |
| Apartment · 2 bedrooms | 89 | AED 174,515 | 157,500 – 200,000 | AED 174,515 |
| Apartment · 3 bedrooms | 7 | AED 340,000 | — | — |
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
- LIV Maritime, Dubai Maritime City — AED 29,872/m²
- No.20, No.21a, No.21b and No.22 Citywalk Residential, City Walk — AED 29,922/m²
- Ellington Sands I, Palm Deira — AED 29,862/m²
- Port de La Mer - La Cote, La Mer — AED 29,942/m²
Other projects in Business Bay
- Downtown Residences — AED 29,800/m²
- One.B Tower — AED 29,795/m²
- Canal Crown — AED 29,977/m²
- Canal Heights — AED 30,243/m²
- Canal Heights 2 — AED 30,285/m²
- Al Habtoor Tower — AED 29,416/m²
- Canal Crown 2 — AED 31,048/m²
- Binghatti Skyrise — AED 31,090/m²
Business Bay property prices · Business Bay rents · Dubai property prices
Frequently asked questions
What is the price per sq ft at Peninsula One?
Over the last 12 months the median is AED 2,775 per sq ft (AED 29,873 per m²) across 75 DLD sales.
How much is a studio at Peninsula One?
Median sale price AED 1,225,000 for a median 38 m², across 20 sales over the last 12 months.
How many sales have been registered at Peninsula One?
957 residential sales registered with the DLD between January 2022 and October 2026, 90.6% of them off-plan.
Where is Peninsula One?
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.