Peninsula Five - 2
- Completed 2024
- Master developer Select Global
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
Is Peninsula Five - 2 a good investment?Prices rising; the rent pays below the Dubai median and lots of new supply is coming
- Does it pay a good rent?4.3% gross, before the service charge (not on file) (Dubai median 6.8%)4.3%Watch
- Are rents going up?New 3 bed leases: AED 337,500 a year ago, AED 315,000 now (pooled across the project)-6.7%
- Are prices going up?All types: AED 2,756/sqft a year ago, 2,879 now+4.5%Strength
- 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
- Can I sell easily?6 sales in 12 months (11 the year before)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
- 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
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
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
3 bed · price per sqft · Business Bay · area median AED 2,403/sqft
- vs area median
- +40.3%
- Rank by price per sqft
- 7th of 49
- Off-plan price gain, 2022–2024
- +78.9% · +21.4%/yr
Rental income
3 bed · Business Bay
- Gross yield
- 4.3%
- 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.
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%
- 31 sales
- 3 years ago
- 1,818
- +58%
- 3 sales
- Previous 12 months
- 2,756
- +4%
- 11 sales
- Last 12 months
- 2,879
- today
- 6 sales
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.
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.
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 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.
The Peninsula Five towers
3 towers in Peninsula Five, at the bedroom type above.
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 typeBusiness Bay: every development at this type
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.
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
- Peninsula Five - 2AED 2,879
- Business Bay, readyAED 1,869
- Business Bay, off-planAED 2,685
- Dubai, readyAED 1,421
Gross yield against the area's buildings
Axis: gross yield, % of price
Peninsula Five - 2Business Bay median building
- Business Bay2.4% vs 6.6%
More from Select Global
Peninsula Four
Business Bay · 215 sales, 12 months
2.04M
AED, resale median · 2,517/sqft
Peninsula Three
Business Bay · 164 sales, 12 months
1.74M
AED, resale median · 2,656/sqft
The Edge
Business Bay · 125 sales, 12 months
1.53M
AED, resale median · 2,442/sqft
Peninsula One
Business Bay · 78 sales, 12 months
1.83M
AED, resale median · 2,776/sqft
Nearby in Business Bay
Prices per sq ft around Peninsula Five - 2, on the mapPrices per sq ft around Peninsula Five - 2, on the map
Peninsula Five - 3
Business Bay · 42 sales, 12 months
2.23M
AED, resale median · 2,637/sqft
Peninsula Five - 1
Business Bay · 5 sales, 12 months
5.00M
AED, resale median · 2,533/sqft
Peninsula Four
Business Bay · 215 sales, 12 months
2.04M
AED, resale median · 2,517/sqft
Al Habtoor Tower
Business Bay · 205 sales, 12 months
3.44M
AED, resale median · 2,733/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · 3 bedRead with care
- Rental evidence · 3 bedRead with care
- Service chargeNot on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.Not on record
- Project registerOn record
- DeveloperOn record
- Costs not includedNot in the yield
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 rateMonthly 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.
More assumptionsFewer 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.
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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.
For agents
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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
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