Peninsula One rents
- 335 new leases and 6 renewals in 12 months
- 518 units
- Business Bay
- near Business Bay Metro Station
A one-bed here leases for about AED 120,000 a year, 24% above the typical Business Bay one-bed.
1 bed · typical new lease
120,000AEDa year
AED 185/sqft · +2.1% on a year
- A month, roughly
- AED 10,000
- vs Business Bay 1 bed
- 24% above the median
- New leases, 12 months
- 118
What should a lease in Peninsula One cost?A one-bed leases for about AED 120,000 a year
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.
A one-bed here now costs 2.1% more than a year earlier: AED 120,000 against 117,500.
Chart data, 1 bed: Sep 2025, AED 118,750; latest, Oct 2026, AED 113,750; peak, Feb 2026, AED 132,500.
Showing the 60 most recent of 341 contracts starting on or after 12 Oct 2025.
About Peninsula OneA 36-floor tower in Business Bay, an 8-minute drive from DIFC
Peninsula One is an apartment building completed in 2024 by Select Global in Business Bay. 341 yearly leases, new and renewed, were registered with Ejari in the last 12 months.
The building, as registered
- Floors
- 36
- Lifts
- 6
- Parking bays
- 482
- Pools
- 1
- Master developer
- Select Global
Drive times · typical
- Downtown
- 10 min · 3.0 km
- DXB Airport
- 16 min · 17 km
- DIFC
- 8 min · 6.4 km
- Dubai Marina
- 20 min · 20 km
- Palm Jumeirah
- 26 min · 25 km
Nearest, as registered
- Metro
- Business Bay Metro Station
- Mall
- Dubai Mall
- Landmark
- Downtown Dubai
Letting a unit in Peninsula One?66% of units here signed a yearly lease in 12 months, above the Business Bay median; new tenants pay more than renewing ones
- Units on a yearly lease
- 66%Strength
- Business Bay median 41%; top tenth from 69%
- New tenant vs renewal
- +10.5%
- New leases AED 117,684, renewals 106,491, all types
- Short-let instead, one-bed
- AED 646
- a night on Airbnb; nets 1.1× 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 One 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 One places 3rd of 100; the nearest 6 are shown.
Rank 1 is the dearest per square foot. Differences are against Peninsula One.
At 1 bed, Peninsula One ranks 1st of 91 by rent per square foot and 37th 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 activityPlanned 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 supplySupply 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 countedDirect 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
Peninsula Three
Business Bay · 441 contracts, 12 months
100,000
AED a year median · 162/sqft
Studio One
Dubai Marina · 198 contracts, 12 months
80,000
AED a year median · 140/sqft
The Residence at Marina Gate 2
Dubai Marina · 180 contracts, 12 months
150,000
AED a year median · 162/sqft
The Residences at Marina Gate 1
Dubai Marina · 153 contracts, 12 months
160,000
AED a year median · 142/sqft
Nearby in Business Bay
Prices per sq ft around Peninsula One, on the mapPrices per sq ft around Peninsula One, on the map
Peninsula Three
Business Bay · 441 contracts, 12 months
100,000
AED a year median · 162/sqft
Prive by DAMAC (B)
Business Bay · 438 contracts, 12 months
75,000
AED a year median · 147/sqft
Prive by DAMAC (A)
Business Bay · 438 contracts, 12 months
75,000
AED a year median · 147/sqft
Noura Tower
Business Bay · 406 contracts, 12 months
135,000
AED a year median · 106/sqft
Ask about Peninsula One
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Common questions
- What is the registered annual rent for a 1 bedroom in Peninsula One?
- The median new annual rent is AED 120,000, from 118 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.
- Have registered rents in Peninsula One risen or fallen?
- The median new annual rent changed +2.1% in the trailing 12 months against the previous 12, using 118 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
- How many apartments change hands in Peninsula One?
- 28 sales were registered with the Dubai Land Department in the last 12 months, alongside 118 Ejari rental contracts. Every median on this page rests on those counts.
- Which metro station is closest to Peninsula One?
- 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 One?
- Peninsula One returns 6.6% gross: a median new-contract rent of AED 120,000 a year (118 Ejari contracts in 12 months) over a price benchmark of AED 1.81M (median of 28 sales in the last 12 months, latest Aug 2026), before service charge, agency fees or vacant months.
For agents
Send this page to a client as a branded report
Peninsula One rental record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 118 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-one
Cite as: Dubai Wealth Index. “Peninsula One rents and yield.” Business Bay, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/business-bay/peninsula-one
Stable dataJSON