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Peninsula Two

A studio in Peninsula Two costs a median AED 1.12M, rents long-let for AED 62,500/yr (5.29% gross), and returns 10.43% short-let at the assumed 80% occupancy — -2.3 pts vs Business Bay's 7.62% and -1.7 pts vs Dubai's 6.98% — from 81 sales and 10 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · Studio
27 in 12 months
Rental contracts · Studio
10 in 12 months
Buy
1.12MAED
AED 2,827/sqft
Long-let
62,500AED
AED 154/sqft · 5.29%
Short-let
10.43%
AED 502/night · 1.26/sqft

Price per sqft: Median of 8 registered sales of ready units in the last 3 months, most recent August 2026.

Priced off 8 sales in the last 3 months.

Yield spread
-2.3 pts
vs the Business Bay median for this unit type
AED/yr/sqft
AED 154
Sales
81
Rental contracts
10
Short-let listings seen
2+

Based on 81 sales and 10 rental contracts in the last 24 months.

Peninsula Two is an apartment building in Business Bay, Dubai. 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, 1,554 registered sales in all — the 81 in the last 24 months are what every median above is computed from.

Rents by bedroom type

TypeMedian rentAED/yr/sqftYieldContracts
StudioAED 62,5001545.29%
-2.3 pts
10
1 bedAED 91,2501405.60%
-1.5 pts
22
2 bedAED 147,5001624

Deltas compare each yield with the Business Bay median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Short-let rates around Peninsula Two

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured
Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.
TypeNightly (AED)AED/night/sqftNet revenue at 80%Long-let rentUpliftShort-let yieldListings seen
Studio5021.26AED 117,056AED 62,5001.9×10.43%2+
1 bed6301.00AED 144,845AED 91,2501.6×9.05%2+
2 bed500m1,1801.29AED 275,781AED 147,5001.9×12.26%7+

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

1 bed: first Oct 2026, 0.89 AED/night/sqft; latest Sep 2027, 0.89 AED/night/sqft; peak Apr 2027, 1.21 AED/night/sqft.

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts
Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because Peninsula Two itself had too few listings of that type to measure.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

24 resales in the last 12 months, against 102 a year on average over 2023–2025.

Sales

DateTypeSqftPriceAED/sqft
25 Aug 20261 bed637AED 1,660,0002,604
24 Aug 20262 bed943AED 2,210,0002,343
20 Aug 20261 bed630AED 1,630,0002,589
19 Aug 20261 bed618AED 1,390,0002,249
17 Aug 2026Studio442AED 1,250,0002,831
11 Aug 20262 bed918AED 2,050,0002,232
11 Aug 2026Studio408AED 1,050,0002,573
6 Aug 20261 bed570AED 1,450,0002,545
24 Jul 2026Studio390AED 1,100,0002,823
17 Jul 20262 bed944AED 2,080,0002,203
17 Jul 20261 bed688AED 1,625,0002,363
16 Jul 20262 bed943AED 2,250,0002,385
15 Jul 2026Studio408AED 1,250,0003,067
10 Jul 20262 bed911AED 2,300,0002,525
9 Jul 2026Studio408AED 1,140,0002,797
9 Jul 20261 bed684AED 1,675,0002,448
1 Jul 20261 bed570AED 1,700,0002,983
30 Jun 20262 bed925AED 2,150,0002,324
29 Jun 20262 bed960AED 2,350,0002,447
19 Jun 2026Studio424AED 1,075,0002,534
17 Jun 2026Studio408AED 1,225,0002,999
11 Jun 2026Studio420AED 1,225,0002,914

22 resales in the last 3 months.

Rental contracts

StartTypeSqftAnnual rentAED/sqftContract
1 Sept 20262 bed943AED 140,000148New
29 Aug 20261 bed671AED 90,000134New
29 Aug 20261 bed637AED 85,000133New
28 Aug 20261 bed586AED 110,000188New
28 Aug 20261 bed637AED 85,000133New
24 Aug 2026Studio407AED 72,000177New
24 Aug 20261 bed671AED 90,000134New
24 Aug 2026Studio390AED 60,000154New
22 Aug 2026Studio408AED 65,000159New
22 Aug 20261 bed684AED 95,000139New
20 Aug 2026Studio420AED 60,000143New
20 Aug 2026Studio390AED 55,000141New
20 Aug 2026Studio420AED 65,000155New
18 Aug 2026Studio424AED 65,000153New
17 Aug 20261 bed630AED 85,000135New
17 Aug 2026Studio442AED 60,000136New
17 Aug 20261 bed688AED 110,000160New
16 Aug 2026Studio424AED 70,000165New
13 Aug 20261 bed684AED 100,000146New
12 Aug 20261 bed671AED 100,000149New
10 Aug 20261 bed630AED 105,000167New
10 Aug 20262 bed903AED 155,000172New
7 Aug 20261 bed671AED 105,000156New
5 Aug 20261 bed671AED 85,000127New
3 Aug 20261 bed637AED 90,000141New
1 Aug 20261 bed684AED 90,000132New
1 Aug 20262 bed918AED 140,000152New
31 Jul 20261 bed630AED 100,000159New
30 Jul 20262 bed959AED 180,000188New
27 Jul 20261 bed618AED 82,000133New
26 Jul 20261 bed664AED 111,700168New
22 Jul 20261 bed664AED 100,000151New
15 Jul 20261 bed664AED 90,000135New
14 Jul 20261 bed671AED 92,500138New
9 Jul 20261 bed570AED 80,000140New
1 Jul 2026Studio389AED 60,000154New

36 contracts starting on or after 26 May 2026.

Start dates after 26 Aug 2026 are contracts already filed for a later move-in. They count towards the rent medians above for the same reason they appear here.

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors
38
Lifts
7
Parking bays
540
Swimming pools
1

Nearby

Metro
Business Bay Metro Station
Mall
Dubai Mall
Landmark
Downtown Dubai

Compare with nearby buildings

The most-traded buildings in Business Bay, on the same figures over the same window.

Common questions

What is the rental yield in Peninsula Two?
Peninsula Two returns 5.29% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 10 rental contracts registered in the last 24 months.
How much does a studio in Peninsula Two cost?
The median registered sale price is AED 1.12M (2,816 AED/sqft), from 81 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Peninsula Two selling for right now?
Registered sales of ready units in Peninsula Two over the last 3 months have a median of 2,827 AED/sqft, across 8 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in Peninsula Two risen or fallen?
Median price per square foot moved +0.6% over the last 12 months against the 12 before it, on 81 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Peninsula Two compare with Business Bay?
Its 5.29% gross yield sits -2.3 pts against the Business Bay median of 7.62%, computed at the same bedroom grain over the same 24-month window.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26. Short-let rates are collected separately from public Airbnb search results.

Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

Peninsula Two rental record

Record type
Building-level property market record
Data date
Evidence base
10 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-two
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Peninsula Two rents and yield.” Business Bay, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/rent/apartments/dubai/business-bay/peninsula-two.

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.