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Ejari leases to 12 Oct 2026

Peninsula Four rents

  • 115 new leases in 12 months
  • 1,023 units
  • Business Bay
  • near Business Bay Metro Station

A one-bed here leases for about AED 130,000 a year, 35% above the typical Business Bay one-bed.

1 bed · typical new lease

130,000AEDa year

AED 150/sqft

A month, roughly
AED 10,833
vs Business Bay 1 bed
35% above the median
New leases, 12 months
67
Buying instead? Peninsula Four sale prices →

What should a lease in Peninsula Four cost?A one-bed leases for about AED 130,000 a year

TypeNew leaseRenewalvs Business BayLeases
Studio81,000164/sqft—17% moretypical 69,00025
1 bedmost leased130,000150/sqft—35% moretypical 96,50067
2 bed225,000157/sqft—61% moretypical 140,00013
3 bed300,000155/sqft—50% moretypical 200,00010

Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the Business Bay median for the type.

Ask an agent about this rent →

Rent history and contracts

Every contract registered with Ejari — data to 2026-10-12.

Median annual rent by year, 1 bed, with fainter bars resting on fewer contracts. Too few monthly records in Peninsula Four to draw an honest monthly line.

Chart data, 1 bed: 2026, AED 130,000; latest, 2026, AED 130,000; peak, 2026, AED 130,000.

StartTypeSqftAnnual rentAED/sqftContract
12 Oct 20261 bed859AED 120,000140New
10 Oct 20261 bed859AED 135,000157New
10 Oct 2026Studio528AED 100,000190New
9 Oct 2026Studio528AED 90,000171New
9 Oct 20261 bed971AED 150,000154New
8 Oct 2026Studio515AED 90,000175New
8 Oct 20261 bed830AED 130,000157New
7 Oct 20261 bed861AED 130,000151New
7 Oct 20261 bed830AED 125,000151New
6 Oct 20261 bed859AED 120,000140New

Showing the 60 most recent of 115 contracts starting on or after 12 Oct 2025.

About Peninsula FourA 56-floor tower in Business Bay, a 9-minute drive from DIFC

Peninsula Four is an apartment building completed in 2026 by Select Global in Business Bay. 115 yearly leases, new and renewed, were registered with Ejari in the last 12 months.

Pinned from Google's place record for the registered name.Open in Google Maps

The building, as registered

Floors
56
Lifts
7
Parking bays
583
Pools
2
Master developer
Select Global

Drive times · typical

Downtown
11 min · 3.3 km
DXB Airport
17 min · 17 km
DIFC
9 min · 6.7 km
Dubai Marina
21 min · 21 km
Palm Jumeirah
27 min · 25 km

Nearest, as registered

Metro
Business Bay Metro Station
Mall
Dubai Mall
Landmark
Downtown Dubai

Letting a unit in Peninsula Four?11% of units here signed a yearly lease in 12 months, below the Business Bay median

Units on a yearly lease
11%Watch
Business Bay median 41%; top tenth from 69%
Short-let instead, one-bed
AED 877
a night on Airbnb; nets 1.3× the yearly rent at 70% occupancy, after fees, cleaning and utilities

Ejari leases to 12 Oct 2026 · Airbnb asking rates for the next 12 months; occupancy is an assumption, not a measurement

Thinking of selling? Peninsula Four sale prices →

Comparables in Business Bay

Every Business Bay building with a page, ranked by annual rent per sqft over the same 12 months, all unit types. Peninsula Four places 15th of 100; the nearest 8 are shown.

RankBuildingMedian rentAED/yr/sqft12-month changeContracts
11Peninsula ThreeAED 100,000162+5.5%—441
12Luxury Family Residence IIAED 88,000160+3.8%-3.8%115
13–1415 Northside - Tower 1, 2one project rent, 2 towersAED 90,000157+1.8%-10.0%151
15Peninsula Four · this buildingAED 130,000154—115
16Peninsula TwoAED 90,000153-0.4%—121
17Ahad ResidencesAED 115,000150-2.6%-4.2%119
18Zada TowerAED 71,000149-2.9%-11.3%391
19Prive by DAMAC (A)AED 75,000147-4.5%-6.3%438

Rank 1 is the dearest per square foot. Differences are against Peninsula Four.

At 1 bed, Peninsula Four ranks 14th of 91 by rent per square foot and 63rd of 76 by gross yield in Business Bay.

Market context in Business Bay

Registered sales activity

2,705 ready apartment sales in the 12 months to 2026-10-12.

+5.4% in median AED/sqft versus the preceding year, supported by 2,705 current and 3,581 prior price observations.

Explore sales activity

Planned apartment projects

10,312 known registered units across 12 pending projects planned within one year of the 2026-07-06 register.

10 projects had already passed their planned date; 6 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

11,591 apartments are planned in Business Bay from 2026 to 2028, equal to 64% of the 18,176 homes let there today.

Ready prices per sqft fell in 50% of 131 buildings (counted once per bedroom type) in Business Bay with sales in both years; the typical one moved −0.1%.

The pooled median moved +5.4%: 5.5 points more than the typical building, because different buildings traded in each year.

New-lease rents fell in 79% of 124 buildings (counted once per bedroom type) with leases in both years; the typical one moved −5.6%.

How these are counted
Find service-charge budget evidence for Peninsula Four

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

More from Select Global

Prices per sq ft around Peninsula Four, on the map
Pills show median annual rent, AED. 85 buildings pinned from Google place records and Apple geocoding · Peninsula Four is the inverted pinOpen in Apple Maps

Ask about Peninsula Four

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Common questions

What is the registered annual rent for a 1 bedroom in Peninsula Four?
The median new annual rent is AED 130,000, from 67 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.
How many apartments change hands in Peninsula Four?
101 sales were registered with the Dubai Land Department in the last 12 months, alongside 67 Ejari rental contracts. Every median on this page rests on those counts.
Which metro station is closest to Peninsula Four?
Business Bay Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Dubai Mall.
What is the rental yield in Peninsula Four?
Peninsula Four returns 6.0% gross: a median new-contract rent of AED 130,000 a year (67 Ejari contracts in 12 months) over a price benchmark of AED 2.18M (median of 101 sales in the last 12 months, latest Oct 2026), before service charge, agency fees or vacant months.
How much does a 1 bedroom in Peninsula Four cost?
The median registered sale price is AED 2.18M (2,491 AED/sqft), from 101 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.

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Peninsula Four rental record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
67 registered rental contracts in the last 12 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
Canonical record
/rent/apartments/dubai/business-bay/peninsula-four
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Peninsula Four rents and yield.” Business Bay, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/business-bay/peninsula-four

Stable dataJSON