Project profile
Peninsula Two 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
- 71
- Median ready pricePer sq ft
- AED 2,544
- Construction progressCompleted
- 100%
Data to 4 November 2026
Dubai Land Department lists the project as completed on 16 February 2026. In the last 12 months, Dubai Land Department registered 71 sales in Peninsula Two, worth AED 119.8M in total. The median price was 2,655 AED/sqft off-plan and 2,544 AED/sqft for ready homes.
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. Asking prices are aggregates of property portal listings.
A project, in progress.
Completed
- Start
- 1 November 2021
- DLD end date
- 1 September 2024
- Completion
- 16 February 2026
- Units
- 462
- Buildings
- 1
Launch and latest registrations.
- Launch priceFirst 90 days from Jan 2022, 286 home sales
- AED 1,797
- Last 12 months71 home sales
- AED 2,582
- ChangeSame home types, AED/sqft
- +48%
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 Two registered prices, over time.
Median registered price, AED per sq ft
- Ready (registered sales)
- Off-plan (registered sales)
Show the figures
| Month | Ready (registered sales) | Off-plan (registered sales) |
|---|---|---|
| Nov 2023 | — | — 4 sales |
| Dec 2023 | — | 2,086 AED/sqft 5 sales |
| Jan 2024 | — | 2,074 AED/sqft 9 sales |
| Feb 2024 | — | 2,249 AED/sqft 5 sales |
| Mar 2024 | — | 2,333 AED/sqft 17 sales |
| Apr 2024 | — | 2,389 AED/sqft 26 sales |
| May 2024 | — | 2,362 AED/sqft 17 sales |
| Jun 2024 | — | 2,395 AED/sqft 8 sales |
| Jul 2024 | — | — 2 sales |
| Aug 2024 | — | — 2 sales |
| Sep 2024 | — | — 2 sales |
| Oct 2024 | — | 2,377 AED/sqft 16 sales |
| Nov 2024 | — | 2,564 AED/sqft 13 sales |
| Dec 2024 | — | — 4 sales |
| Jan 2025 | — | 2,623 AED/sqft 7 sales |
| Feb 2025 | — | 2,537 AED/sqft 6 sales |
| Mar 2025 | — | 2,497 AED/sqft 7 sales |
| Apr 2025 | — | 2,590 AED/sqft 11 sales |
| May 2025 | — | 2,696 AED/sqft 16 sales |
| Jun 2025 | — | 2,833 AED/sqft 10 sales |
| Jul 2025 | — | 2,564 AED/sqft 9 sales |
| Aug 2025 | — | — 3 sales |
| Sep 2025 | — | 2,489 AED/sqft 7 sales |
| Oct 2025 | — | 2,552 AED/sqft 13 sales |
| Nov 2025 | — | 2,597 AED/sqft 17 sales |
| Dec 2025 | — | 2,655 AED/sqft 12 sales |
| Jan 2026 | — | — 4 sales |
| Feb 2026 | — | — |
| Mar 2026 | — | — |
| Apr 2026 | — | — |
| May 2026 | — 2 sales | — |
| Jun 2026 | 2,535 AED/sqft 5 sales | — |
| Jul 2026 | 2,525 AED/sqft 9 sales | — |
| Aug 2026 | 2,574 AED/sqft 9 sales | — |
| Sep 2026 | 2,563 AED/sqft 7 sales | — |
| Oct 2026 | 2,507 AED/sqft 7 sales | — |
What does each home type sell and rent for in Peninsula Two?
Apartment · Studio
- Ready median price
- AED 1.1M
- Median yearly rent
- AED 65K
- Gross yield
- 5.7%
Apartment · 1 bed
- Ready median price
- AED 1.6M
- Median yearly rent
- AED 96K
- Gross yield
- 5.9%
Apartment · 2 beds
- Ready median price
- AED 2.2M
- Median yearly rent
- AED 140.4K
- Gross yield
- 6.3%
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 reportAsking prices against sales
- Property portal asking prices8.4%above registered sale pricesMedian gap across 3 segments
Property portal asking prices are compared with registered sales per segment (same market, property type and bedrooms), only where there are at least 10 listings and 10 sales. No individual listing is shown.
The latest registered sales in Peninsula Two.
| Date | Unit | Size | Price | AED/sqft |
|---|---|---|---|---|
| 4 Nov 2026 | Apartment · 2 beds · Ready | 911 sqft | AED 2,100,000 | 2,305 |
| 4 Nov 2026 | Apartment · 1 bed · Ready | 630 sqft | AED 1,200,000 | 1,905 |
| 22 Oct 2026 | Apartment · 2 beds · Ready | 943 sqft | AED 2,250,000 | 2,386 |
| 19 Oct 2026 | Apartment · Studio · Ready | 390 sqft | AED 1,180,000 | 3,026 |
| 16 Oct 2026 | Apartment · Studio · Ready | 390 sqft | AED 1,000,000 | 2,564 |
| 8 Oct 2026 | Apartment · Studio · Ready | 408 sqft | AED 1,022,700 | 2,507 |
| 6 Oct 2026 | Apartment · 1 bed · Ready | 630 sqft | AED 1,650,000 | 2,619 |
| 5 Oct 2026 | Apartment · 2 beds · Ready | 960 sqft | AED 2,300,000 | 2,396 |
| 1 Oct 2026 | Apartment · 1 bed · Ready | 671 sqft | AED 1,515,000 | 2,258 |
| 29 Sep 2026 | Apartment · 1 bed · Ready | 671 sqft | AED 1,720,000 | 2,563 |
4 Nov 2026
Apartment2 bedsReady911 sqft
AED 2,100,0002,305 AED/sqft
4 Nov 2026
Apartment1 bedReady630 sqft
AED 1,200,0001,905 AED/sqft
22 Oct 2026
Apartment2 bedsReady943 sqft
AED 2,250,0002,386 AED/sqft
19 Oct 2026
ApartmentStudioReady390 sqft
AED 1,180,0003,026 AED/sqft
16 Oct 2026
ApartmentStudioReady390 sqft
AED 1,000,0002,564 AED/sqft
8 Oct 2026
ApartmentStudioReady408 sqft
AED 1,022,7002,507 AED/sqft
6 Oct 2026
Apartment1 bedReady630 sqft
AED 1,650,0002,619 AED/sqft
5 Oct 2026
Apartment2 bedsReady960 sqft
AED 2,300,0002,396 AED/sqft
1 Oct 2026
Apartment1 bedReady671 sqft
AED 1,515,0002,258 AED/sqft
29 Sep 2026
Apartment1 bedReady671 sqft
AED 1,720,0002,563 AED/sqft
Questions about Peninsula Two
What is the price per sq ft in Peninsula Two?
In the 12 months to 4 November 2026, the median registered sale price was 2,544 AED/sqft for ready homes and 2,655 AED/sqft off-plan. The two medians mix different home types.
How many homes were sold in Peninsula Two in the last 12 months?
In the last 12 months, Dubai Land Department registered 71 sales in Peninsula Two, worth AED 119.8M in total. The median price was 2,655 AED/sqft off-plan and 2,544 AED/sqft for ready homes. Registered sales to 4 November 2026.
What is the rent in Peninsula Two?
In the 12 months to 4 November 2026, Apartment · 1 bed was the most rented home type in Peninsula Two, at a median of AED 96,000 a year over 70 new contracts. Against its ready median price of AED 1,630,000, that is a gross yield of 5.9%, before service charges and other costs.
When was Peninsula Two completed?
Dubai Land Department lists the project as completed on 16 February 2026.
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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