Peninsula Five - 2
A 3 bed in Peninsula Five - 2 costs a median AED 7.20M, rents long-let for AED 330,000/yr (5.79% gross), and returns 4.97% short-let at the assumed 80% occupancy — -1.0 pts vs Business Bay's 6.80% and -1.2 pts vs Dubai's 6.98% — from 9 sales and 43 rental contracts registered in the last 24 months through 26 Aug 2026.
- Registered data
- Sales · 3 bed
- 4 in 12 months
- Rental contracts · 3 bed
- 26 in 12 months
- Buy
- 7.20MAED
- AED 3,041/sqft
- Long-let
- 330,000AED
- AED 166/sqft · 5.79%
- Short-let
- 4.97%
- AED 1,611/night · 0.68/sqft
Priced off the last 5 sales — most recent January 2026.
- Yield spread
- -1.0 pts
- vs the Business Bay median for this unit type
- Turnover upside
- +26.9%
- new tenants pay more than sitting ones — 5 renewals
- AED/yr/sqft
- AED 166
- Sales
- 9
- Rental contracts
- 43
- Renewal rent
- AED 260,000/yr
- 12 months
- -33.0%
Based on 9 sales and 43 rental contracts in the last 24 months. Rental data covers the whole Peninsula Five project, not this tower alone.
Peninsula Five - 2 is an apartment building in Business Bay, Dubai, one of the towers in the Peninsula Five development. The closest metro station is Business Bay Metro Station, the nearest mall Dubai Mall and the nearest landmark Downtown Dubai. Land Department records for it run from 2022 to 2026, 104 registered sales in all — the 9 in the last 24 months are what every median above is computed from.
Rent history
Median annual rent per sqft registered in Peninsula Five - 2, by year.
Chart data: Jan 2025, 155 AED/yr/sqft; latest, Aug 2026, 149 AED/yr/sqft; peak, Jan 2026, 182 AED/yr/sqft.
Rents by bedroom type
Deltas compare each yield with the Business Bay median for the same unit type. How these yields are computed
How these yields are computed
Short-let rates around Peninsula Five - 2
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
How short-let rates are measured
Nightly rate per sqft through the year
1 bed: first Oct 2026, 0.95 AED/night/sqft; latest Sep 2027, 0.54 AED/night/sqft; peak Nov 2026, 1.41 AED/night/sqft.
Net revenue assumes 80% occupancy — an assumption, not a measurement.
What the net revenue deducts
Recent transactions
As filed with the Land Department — data to 2026-08-26.
7 resales in the last 12 months, against 7 a year on average over 2023–2025.
Sales
Nothing registered in the last 3 months. Try a wider window.
Rental contracts
The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.
Nearby
- Metro
- Business Bay Metro Station
- Mall
- Dubai Mall
- Landmark
- Downtown Dubai
Compare with nearby buildings
The most-traded buildings in Peninsula Five, on the same figures over the same window.
- Highest rental yields in Business Bay · Peninsula Five - 2 places 79th of 84
- Peninsula Five - 1 · 2.70%
- Peninsula Five - 3 · 7.94%
- Prive by DAMAC (B) · 8.74%
- Prive by DAMAC (A) · 8.70%
- Meera Tower · 7.25%
- Noura Tower · 5.89%
- Amna Tower · 5.84%
- Aykon City (2) -Tower C · 6.42%
Common questions
- What is the rental yield in Peninsula Five - 2?
- Peninsula Five - 2 returns 5.79% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 43 rental contracts registered in the last 24 months.
- How much does a 3 bedroom in Peninsula Five - 2 cost?
- The median registered sale price is AED 7.20M (3,041 AED/sqft), from 9 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
- Have prices in Peninsula Five - 2 risen or fallen?
- Median price per square foot moved +0.6% over the last 12 months against the 12 before it, on 9 registered sales. On a sample this size, read the direction rather than the exact figure.
- How does Peninsula Five - 2 compare with Business Bay?
- Its 5.79% gross yield sits -1.0 pts against the Business Bay median of 6.80%, computed at the same bedroom grain over the same 24-month window.
- Does Peninsula Five - 2 earn more short-let than long-let?
- A night asks a median of AED 1,611, which models to 4.97% net at an assumed 80% occupancy for a self-managed unit, after platform fees, cleaning and utilities — against 5.79% gross on the registered long lease. Nightly rates are asking rates sampled across the next 12 months, not registered income.
Peninsula Five - 2 rental record
- Record type
- Building-level property market record
- Data date
- Evidence base
- 43 registered rental contracts in the trailing 24 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
- Canonical record
- /rent/apartments/dubai/business-bay/peninsula-five-2
Cite as: Dubai Wealth Index. “Peninsula Five - 2 rents and yield.” Business Bay, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/rent/apartments/dubai/business-bay/peninsula-five-2.
Stable dataJSON
Where this data stops
Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.