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Project profile

Peninsula Five Project · Business Bay · prices, sales and rents

Registered prices, construction progress and the record across its buildings.

Developer: Select Global Development

Registered salesLast 12 months
57
Median ready pricePer sq ft
AED 2,624
Construction progressCompleted
100%

Data to 4 November 2026

Dubai Land Department lists the project as completed on 15 December 2024. In the last 12 months, Dubai Land Department registered 57 sales in Peninsula Five, worth AED 178.1M in total. The median price of ready homes was 2,624 AED/sqft.

Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence: registered sales and new rent contracts. Medians use at least 5 transactions.

Abstract illustration, not an architectural rendering

A project, in progress.

Construction progress100%

Completed

Start
15 January 2022
DLD end date
15 December 2024
Completion
15 December 2024
Units
383
Buildings
3

Launch and latest registrations.

Launch priceFirst 90 days from Apr 2022, 233 home sales
AED 1,944
Last 12 months57 home sales
AED 2,624
ChangeSame home types, AED/sqft
+34.1%

Launch price is the median AED/sqft of off-plan home sales in the first 90 days after the first of them was registered, against the median of the project’s home sales in the last 12 months, ready and off-plan, leaving out any from those 90 days; plots and whole buildings count on neither side. The change compares the two periods home type by home type (class and bedrooms, at least 5 sales of a type on both sides), weighted by the later sales, so a shift from studios to larger homes does not read as a change in price; it is shown where those types hold at least 60% of the later sales. The two medians count every home sale, so their mix can differ.

Peninsula Five registered prices, over time.

Median registered price, AED per sq ft

  • Ready (registered sales)
  • Off-plan (registered sales)
Median price per sq ft of registered sales of apartments, by month. Months with fewer than 5 sales are left as gaps.
Show the figures
Month Ready (registered sales) Off-plan (registered sales)
Nov 2023 — — 1 sale
Dec 2023 — 2,141 AED/sqft 11 sales
Jan 2024 — —
Feb 2024 — 1,872 AED/sqft 7 sales
Mar 2024 — 2,124 AED/sqft 6 sales
Apr 2024 — 2,366 AED/sqft 7 sales
May 2024 — 2,053 AED/sqft 12 sales
Jun 2024 — 2,191 AED/sqft 10 sales
Jul 2024 — 2,164 AED/sqft 6 sales
Aug 2024 — 2,336 AED/sqft 5 sales
Sep 2024 — 2,375 AED/sqft 5 sales
Oct 2024 — 2,172 AED/sqft 10 sales
Nov 2024 — — 2 sales
Dec 2024 — 2,397 AED/sqft 11 sales
Jan 2025 — 2,256 AED/sqft 7 sales
Feb 2025 2,506 AED/sqft 11 sales —
Mar 2025 2,515 AED/sqft 12 sales —
Apr 2025 2,740 AED/sqft 10 sales —
May 2025 2,503 AED/sqft 10 sales —
Jun 2025 2,816 AED/sqft 9 sales —
Jul 2025 2,741 AED/sqft 16 sales —
Aug 2025 2,682 AED/sqft 8 sales —
Sep 2025 2,582 AED/sqft 7 sales —
Oct 2025 — 4 sales —
Nov 2025 2,539 AED/sqft 7 sales —
Dec 2025 2,623 AED/sqft 12 sales —
Jan 2026 2,796 AED/sqft 12 sales —
Feb 2026 2,698 AED/sqft 5 sales —
Mar 2026 — 2 sales —
Apr 2026 — 2 sales —
May 2026 — 3 sales —
Jun 2026 — 2 sales —
Jul 2026 — 4 sales —
Aug 2026 — 1 sale —
Sep 2026 — 2 sales —
Oct 2026 — 4 sales —

What does each home type sell and rent for in Peninsula Five?

  • Apartment · Studio

    Ready median price
    AED 1.5M
    Median yearly rent
    AED 85K
    Gross yield
    Rent only
  • Apartment · 1 bed

    Ready median price
    AED 2.2M
    Median yearly rent
    AED 130K
    Gross yield
    6%
  • Apartment · 2 beds

    Ready median price
    AED 4.1M
    Median yearly rent
    AED 225K
    Gross yield
    5.6%
  • Apartment · 3 beds

    Ready median price
    AED 4.7M
    Median yearly rent
    AED 300K
    Gross yield
    6.4%

Last 12 months. Medians of at least 5 registered sales or new rent contracts; the median price of all sales mixes ready and off-plan. Gross yield is the median new yearly rent over the ready median price, shown where a home type has at least 10 ready sales and 5 new rents (“rent only” otherwise), before service charges and other costs.

Service charges.

In the area report.

The Business Bay area report ranks the area’s projects by sales, each with its own owners’ association budget per sq ft a year where it publishes one, beside the area median by budget year.

See the Business Bay area report

Explore the towers.

The latest registered sales in Peninsula Five.

  • 4 Nov 2026

    Apartment2 bedsReady1,329 sqft

    Tower 3

    AED 3,450,0002,596 AED/sqft

  • 4 Nov 2026

    Apartment1 bedReady839 sqft

    Tower 3

    AED 2,250,0002,682 AED/sqft

  • 26 Oct 2026

    Apartment3 bedsReady1,685 sqft

    Tower 3

    AED 4,700,0002,789 AED/sqft

  • 23 Oct 2026

    ApartmentStudioReady530 sqft

    Tower 3

    AED 1,360,0002,566 AED/sqft

  • 13 Oct 2026

    Apartment2 bedsReady1,353 sqft

    Tower 3

    AED 3,275,0002,421 AED/sqft

  • 12 Oct 2026

    Apartment1 bedReady816 sqft

    Tower 3

    AED 2,050,0002,512 AED/sqft

  • 28 Sep 2026

    Apartment1 bedReady811 sqft

    Tower 3

    AED 2,150,0002,651 AED/sqft

  • 15 Sep 2026

    Apartment2 bedsReady1,376 sqft

    Tower 3

    AED 3,550,0002,580 AED/sqft

  • 27 Aug 2026

    Apartment1 bedReady876 sqft

    Tower 3

    AED 2,325,0002,654 AED/sqft

  • 24 Jul 2026

    Apartment1 bedReady877 sqft

    Tower 3

    AED 2,300,0002,623 AED/sqft

Questions about Peninsula Five

What is the price per sq ft in Peninsula Five?

In the 12 months to 4 November 2026, the median registered sale price of ready homes was 2,624 AED/sqft.

How many homes were sold in Peninsula Five in the last 12 months?

In the last 12 months, Dubai Land Department registered 57 sales in Peninsula Five, worth AED 178.1M in total. The median price of ready homes was 2,624 AED/sqft. Registered sales to 4 November 2026.

What is the rent in Peninsula Five?

In the 12 months to 4 November 2026, Apartment · 1 bed was the most rented home type in Peninsula Five, at a median of AED 130,000 a year over 50 new contracts. Against its ready median price of AED 2,170,000, that is a gross yield of 6%, before service charges and other costs.

When was Peninsula Five completed?

Dubai Land Department lists the project as completed on 15 December 2024.

Where do these figures come from?

From Dubai Land Department open data, published on Dubai Data, to 4 November 2026: registered sales, new rent contracts and the project register. They are registered sales, not a valuation, and not investment advice.

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