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Peninsula Five - 2

A 3 bed in Peninsula Five - 2 costs a median AED 7.30M and rents long-let for AED 315,000/yr (4.3% gross).

3 bed · typical price

7.30MAED

AED 3,372/sqft

Rent a year
AED 315,000
Gross yield
4.3%
vs Business Bay
40% above the median
Cost to buy, all inAED 7.75M
Price
AED 7.30M
DLD fee 4%
AED 292,000
Agent 2% + VAT
AED 153,300
Trustee
AED 4,200

Fees repaid by rent17 months

Against this building’s registered sales of the same type.

Ask about Peninsula Five - 2 →

Is Peninsula Five - 2 a good investment?Prices rising; the rent pays below the Dubai median and lots of new supply is coming

  1. Does it pay a good rent?4.3% gross, before the service charge (not on file) (Dubai median 6.8%)4.3%Watch
  2. Are rents going up?New 3 bed leases: AED 337,500 a year ago, AED 315,000 now (pooled across the project)-6.7%
  3. Are prices going up?All types: AED 2,756/sqft a year ago, 2,879 now+4.5%Strength
  4. How fast do fees pay back?AED 449,500 in fees to buy a 3 bed; rent covers it in 1.4 years1.4 yrs
  5. Can I sell easily?6 sales in 12 months (11 the year before)6
  6. Is a lot being built nearby?11,591 apartments are planned in Business Bay from 2026 to 2028, equal to 64% of the 18,176 homes let there today. A further 2,730 are past their planned date. Business Bay supply by year →64%Watch
  7. Did earlier buyers gain?Up 53% for launch buyers, before fees+52.5%Context

Readings use published thresholds · 3 bed figures, the most traded type · Data to 12 Oct 2026

Check an asking price →How each reading works →

Peninsula Five - 2 prices and rents by unit typeA three-bed costs about AED 7.30M and rents for about AED 315,000 a year

TypeMedian priceGross yieldNew rent12-month changeSales
1 bedAED 2.25M2,665/sqftpooled rent, not per buildingpooled rent, not per buildingunder 5 sales in a year1
2 bedAED 5.35M2,594/sqftpooled rent, not per buildingpooled rent, not per buildingunder 5 sales in a year2
3 bedAED 7.30M3,372/sqft4.3%-2.2 ptsAED 315,00024 contractsunder 5 sales in a year3
Appreciation, rental income and short-term detail, by unit type

Appreciation

3 bed · price per sqft · Business Bay · area median AED 2,403/sqft

Rank by price per sqft
7th of 49

Rental income

3 bed · Business Bay

Median new rent
AED 315,000/yr
Yield vs area median
-2.2 pts
Yield vs Dubai (6.8%)
-2.4 pts
Yield rank
18th of 19
Renewal rent
AED 250,000/yr
New tenants pay vs sitting (7 renewals)
+26.0%

Read with care

  • Rental data covers the whole Peninsula Five project, not this tower alone.
  • Thin sample — 3 sales in 12 months. Treat these figures as indicative.

Price history and sales

As filed with the Land Department — data to 2026-10-12.

Median price paid, 3 bed, as a rolling 3-month median. The band along the bottom is the number of records each month.

Chart data, 3 bed: May 2022, AED 4,960,300; latest, Jan 2026, AED 5,600,000; peak, Apr 2025, AED 7,850,000.

Did earlier buyers gain?

Median paid per sqft, all types, against today’s 2,879 · before fees

Launch, 2022–25
1,888
+53%
3 years ago
1,818
+58%
Previous 12 months
2,756
+4%
Last 12 months
2,879
today

The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.

6 resales in the last 12 months, against 7 a year on average over 2023–2025.

DateTypeSqftPriceAED/sqft
29 Jan 20263 bed2,165AED 7,300,0003,372
23 Jan 20262 bed2,361AED 7,300,0003,092
21 Jan 20261 bed844AED 2,250,0002,665
8 Jan 20262 bed1,622AED 3,400,0002,096
19 Dec 20253 bed1,807AED 3,900,0002,158
12 Nov 20253 bed2,255AED 7,925,0003,514

6 resales in the last 12 months.

Comparables in Business Bay

Every Business Bay building with a page, ranked by price per sqft over the same 12 months, all unit types. Peninsula Five - 2 places 26th of 150; the nearest 8 are shown.

RankBuildingMedian priceAED/sqftGross yield12-month changeSales
22Binghatti Skyrise - TOWER A0% · Q4 2026 · off-plan 2,483/sqftAED 1.55M2,900+0.7%—+17.7%118
23Binghatti Aquarise - TOWER E21% · Q4 2026 · off-plan 2,750/sqftAED 3.88M2,897+0.6%—+25.2%18
24The Opus By OmniyatCompleted 2017 · off-plan 3,719/sqftAED 3.27M2,894+0.5%6.1%-18.6%20
25Canal Crown 215% · Q1 2027 · off-plan 2,876/sqftAED 2.54M2,884+0.2%—+0.7%15
26Peninsula Five - 2 · this buildingCompleted 2024 · off-plan 1,926/sqftAED 5.60M2,8792.4%+4.5%6
27Canal Crown 118% · Q1 2027 · off-plan 2,816/sqftAED 2.83M2,829-1.7%—+2.2%18
28One.B Tower2% · Q4 2028 · off-plan 2,481/sqftAED 3.95M2,828-1.8%—+17.4%40
29Binghatti Skyrise - TOWER C0% · Q4 2026 · off-plan 2,500/sqftAED 1.54M2,821-2.0%—+13.5%128
30Canal Heights36% · Q4 2026 · off-plan 2,831/sqftAED 3.04M2,814-2.2%—-2.6%34

Rank 1 is the dearest per square foot. Differences are against Peninsula Five - 2 (AED 2,879/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At 3 bed, Peninsula Five - 2 has registered sale prices 40% above the Business Bay median price per square foot of 2,403 AED, across 49 eligible buildings. It ranks 7th of 49 by price per square foot and 18th of 19 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 Five - 2

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.

The Peninsula Five towers

3 towers in Peninsula Five, at the bedroom type above.

TowerPriceAED/sqftRent a yearGross yield
Peninsula Five - 1AED 4.50M3 sales2,490AED 315,000project pool7.0%
Peninsula Five - 2 · this buildingAED 7.30M3 sales3,372AED 315,000project pool4.3%
Peninsula Five - 3AED 4.85M3 sales2,823AED 315,000project pool6.5%

Ejari files Peninsula Five’s leases under the project, not a tower, so every tower share one rent: the project figure above, counted once. Prices are each tower’s own registered sales.

Business Bay: every development at this type
DevelopmentRent a yearPriceAED/sqftGross yield
15 Northside2 towers—none—1 sale, too few——
Al Habtoor City3 towers · rent filed for the projectAED 210,00055 contractsAED 3.71M10 sales1,8795.7%
Aykon City 32 towers—noneAED 4.22M10 sales2,664—
Binghatti Skyrise3 towers—noneAED 5.45M18 sales2,711—
DAMAC Towers by Paramount4 towers · rent filed for the projectAED 180,00072 contractsAED 2.55M23 sales1,4607.1%
J One2 towers · rent filed for the projectAED 370,0003 contracts—1 sale, too few——
Peninsula Five · this development3 towers · rent filed for the projectAED 315,00024 contractsAED 4.85M9 sales2,8236.5%
Royal Regency Suites2 towers—noneAED 4.65M7 sales1,714—
The Atria2 towers · rent filed for the projectAED 200,0005 contractsAED 3.75M4 sales1,5675.3%
All of Business Bayevery building, in a project or notAED 200,000381 contractsAED 4.75M401 sales2,4384.2%

Medians of registered sales and new Ejari leases in the 12 months to 12 Oct 2026, pooled across each development’s towers at 3 bed. A median needs 3 rows; a dash with a count means fewer.

About Peninsula Five - 2

Peninsula Five - 2 is an apartment building completed in 2024 by Select Global in Business Bay. 52 sales are registered with the Dubai Land Department.

Pinned by Google from the registered name; verify the plot before relying on it.Open in Google Maps

The building, as registered

Master developer
Select Global

Nearest, as registered

Metro
Business Bay Metro Station
Mall
Dubai Mall
Landmark
Downtown Dubai

Peninsula Five - 2: AED 2,879 per sq ft, 41% above the median Business Bay building, and a 2.4% gross yield, in the bottom tenth of the area

The building's own figures against its area's registered market, last twelve months.

Price per sq ft

Median registered sale price, AED per sq ft, last 12 months

  1. Peninsula Five - 2AED 2,879
  2. Business Bay, readyAED 1,869
  3. Business Bay, off-planAED 2,685
  4. Dubai, readyAED 1,421
Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Gross yield against the area's buildings

Axis: gross yield, % of price

Peninsula Five - 2Business Bay median building

  1. Business Bay2.4% vs 6.6%
Line: the 10th to 90th percentile of 87 buildings in Business Bay. Gross: before service charge, vacancy and fees. Sources: DLD, Ejari.

Upcoming supply in Business Bay, by handover quarter

More from Select Global

Prices per sq ft around Peninsula Five - 2, on the map
Pills show median sale price, AED. 119 buildings pinned from Google place records and Apple geocoding · Peninsula Five - 2 is the inverted pinOpen in Apple Maps

Before you decide

The facts that can change the return, each with the date it rests on.

Rent or buy

What owning a 3 bed here costs against renting it, at stated assumptions you can change.

Monthly cost of owning against renting, with your own deposit and rate

Prefilled from Peninsula Five - 2’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.

Residency
More assumptions

The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.

Monthly mortgage
28,403AED
4.5% over 25 years
Monthly rent
26,250AED
AED 315,000 a year
Cash needed at purchase
2,706,375AED
30% down plus AED 516,375 in fees

Owning costs AED 1.07M less than renting over 5 years, once the sale is counted.

Buying overtakes renting in year 3.

Cumulative cost by year: renting (solid) against owning net of a sale that year (dashed), at the assumptions above.

Ask about Peninsula Five - 2

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Common questions

What is the rental yield in Peninsula Five - 2?
Peninsula Five - 2 returns 4.3% gross: a median new-contract rent of AED 315,000 a year (24 Ejari contracts in 12 months) over a price benchmark of AED 7.30M (median of 3 sales in the last 12 months, latest Jan 2026), before service charge, agency fees or vacant months.
How much does a 3 bedroom in Peninsula Five - 2 cost?
The median registered sale price is AED 7.30M (3,372 AED/sqft), from 3 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
How does Peninsula Five - 2 compare with Business Bay?
Its 4.3% gross yield sits -2.2 pts against the Business Bay median of 6.5%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.
What is the registered annual rent for a 3 bedroom in Peninsula Five - 2?
The median new annual rent is AED 315,000, from 24 Ejari contracts in the trailing 12 months to 2026-10-12. These contracts cover the project, not this tower alone. Compare the same bedroom type; floor, view and condition can change an individual rent.
Have registered rents in Peninsula Five - 2 risen or fallen?
The median new annual rent changed -6.7% in the trailing 12 months against the previous 12, using 24 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.

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Peninsula Five - 2 sale record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
3 registered sales in the last 12 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts
Canonical record
/sale/apartments/dubai/business-bay/peninsula-five-2
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Peninsula Five - 2 sale prices and yield.” Business Bay, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/business-bay/peninsula-five-2

Stable dataJSON