Peninsula Two, Business Bay: sale prices and transactions
Peninsula Two is a project registered with the Dubai Land Department (project no. 2318) in Business Bay. Since January 2022, 792 residential sales have been registered there, the latest in October 2026. Over the last 12 months, 76 sales closed at a median AED 27,726 per m² (AED 2,576 per sq ft).
- AED 27,726median price per m²
- AED 2,576median price per sq ft
- 792sales since 2022
- 76sales in 12 months
- -0.2%change year on year
Its price per m² is 8.6% above the Business Bay median (AED 25,523/m²). Most sales (95.3%) were registered off-plan: the project was sold before completion.
Peninsula Two 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 | 24 | AED 1,110,000 | 38 m² |
| Apartment · 1 bedroom | 27 | AED 1,650,000 | 59 m² |
| Apartment · 2 bedrooms | 25 | AED 2,350,000 | 86 m² |
Peninsula Two price history
| Year | Sales | Median / m² | Median / sq ft | Change |
|---|---|---|---|---|
| 2022 | 446 | AED 19,542 | AED 1,816 | — |
| 2023 | 66 | AED 23,479 | AED 2,181 | +20.1% |
| 2024 | 121 | AED 25,641 | AED 2,382 | +9.2% |
| 2025 | 118 | AED 28,214 | AED 2,621 | +10% |
| 2026 (to mid-October) | 41 | AED 27,632 | AED 2,567 | -2.1% |
Peninsula Two rents
130 Ejari contracts started in the project over the last 12 months. Indicative gross yield: studio 5.9%, 1 bedroom 5.8%, 2 bedrooms 6%.
| Unit type | Contracts | Median annual rent | Middle 50% range | New leases |
|---|---|---|---|---|
| Apartment · Studio | 49 | AED 65,000 | 60,000 – 74,000 | AED 65,000 |
| Apartment · 1 bedroom | 62 | AED 95,500 | 90,000 – 105,000 | AED 95,500 |
| Apartment · 2 bedrooms | 19 | AED 140,000 | 140,000 – 155,000 | AED 140,000 |
Location
- Nearest metro: Business Bay Metro Station
- Shopping mall: Dubai Mall
- Landmark: Downtown Dubai
Peninsula Two off-plan: official sheet, progress and price list
Developer: Select Global Development L.L.C, all projects
Neighbouring projects in Business Bay
Same price per m² elsewhere in Dubai
- Beach Walk Grand 2 by Imtiaz, Palm Deira — AED 27,705/m²
- Pier Point 2, Mina Rashid — AED 27,760/m²
- Elegance Tower, Downtown Dubai — AED 27,658/m²
- Kempinski Residences The Creek, Dubai Health Care City Phase 2 — AED 27,789/m²
Other projects in Business Bay
- DG1 Living — AED 27,554/m²
- The Crestmark — AED 27,962/m²
- The Quayside — AED 27,233/m²
- Peninsula Five — AED 28,238/m²
- Binghatti Aquarise — AED 28,245/m²
- Peninsula Four — AED 27,158/m²
- Aykon City 3 — AED 26,899/m²
- One River Point — AED 28,562/m²
Business Bay property prices · Business Bay rents · Dubai property prices
Frequently asked questions
What is the price per sq ft at Peninsula Two?
Over the last 12 months the median is AED 2,576 per sq ft (AED 27,726 per m²) across 76 DLD sales.
How much is a studio at Peninsula Two?
Median sale price AED 1,110,000 for a median 38 m², across 24 sales over the last 12 months.
How many sales have been registered at Peninsula Two?
792 residential sales registered with the DLD between January 2022 and October 2026, 95.3% of them off-plan.
Where is Peninsula Two?
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.