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Peninsula One

A 1 bed in Peninsula One costs a median AED 1.81M, rents long-let for AED 120,000/yr (6.6% gross), and returns 7.1% short-term at the assumed 70% occupancy.

Satellite view of Peninsula One, Business Bay, Dubai, centred on its registered pin. Apple Maps.
Satellite view of the registered pin · Apple Maps

1 bed · typical price

1.81MAED

AED 2,761/sqft · +5.4% on a year

Rent a year
AED 120,000
Gross yield
6.6%
vs Business Bay
39% above the median
Cost to buy, all inAED 1.92M
Price
AED 1.81M
DLD fee 4%
AED 72,400
Agent 2% + VAT
AED 38,010
Trustee
AED 4,200

Fees repaid by rent11 months

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

Ask about Peninsula One →

Is Peninsula One a good investment?Easy to let, prices rising and easy to sell; lots of new supply is coming

  1. Does it pay a good rent?6.6% gross, before the service charge (not on file) (Dubai median 6.8%)6.6%Fair
  2. Is it easy to let?66% of units signed a yearly lease in 12 months; the typical Business Bay building manages 41%66%Strength
    Business Bay median 41% · top tenth from 69%Peninsula One · 66%

    Across 82 Business Bay buildings with 40 or more units, the median signed annual leases on 41% of units in 12 months and the top tenth on 69% or more; Peninsula One is at 66%.

  3. Are rents going up?New 1 bed leases: AED 117,500 a year ago, AED 120,000 now+2.1%Fair
  4. Are prices going up?1 bed: AED 2,619/sqft a year ago, 2,761 now+5.4%Strength
  5. How fast do fees pay back?AED 114,610 in fees to buy a 1 bed; rent covers it in 1.0 years1.0 yrs
  6. Can I sell easily?78 sales in 12 months, 15% of the tower (120 the year before)78Strength
  7. 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
  8. Did earlier buyers gain?Up 51% for launch buyers, before fees+51.3%Context

Readings use published thresholds · 1 bed figures, the most traded type · Data to 12 Oct 2026

Check an asking price →How each reading works →

Peninsula One prices and rents by unit typeA one-bed costs about AED 1.81M and rents for about AED 120,000 a year

TypeMedian priceGross yieldNew rent12-month changeSales
Studio186 units · 407 sqftAED 1.24M3,084/sqftlaunch 1,861 +65.7%6.5%-0.4 ptsAED 80,000114 contracts+12.4%22
1 bed182 units · 640 sqftAED 1.81M2,761/sqftlaunch 1,850 +49.3%6.6%+0.0 ptsAED 120,000118 contracts+5.4%28
2 bed141 units · 948 sqftAED 2.63M2,456/sqftlaunch 1,778 +38.1%6.5%+0.1 ptsAED 170,22996 contracts+3.4%23
3 bed9 units · 1,950 sqftAED 4.30M2,403/sqftlaunch 1,905 +26.2%7.9%+1.4 ptsAED 340,0007 contractsno prior year5
Appreciation, rental income and short-term detail, by unit type

Appreciation

1 bed · price per sqft · Business Bay · area median AED 1,985/sqft

3 years
+27.3% · +8.4%/yr
vs area median
+39.1%
Rank by price per sqft
20th of 121

Rental income

1 bed · Business Bay

Median new rent
AED 120,000/yr
Yield vs area median
+0.0 pts
Yield vs Dubai (6.8%)
-0.1 pts
Yield rank
37th of 76
Renewal rent
AED 120,000/yr

Short-term income

1 bed · 70% occupancy · 7-night stays

Median nightly rate
AED 646
Net revenue
AED 128,474/yr
vs long-let rent
1.1×
Listings seen
5+

Price history and sales

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

Sale price, AED (right axis) Rent on new leases, AED a year (left axis)

Median price paid, 1 bed, as a rolling 3-month median, with the rent on new leases on the same basis. The band along the bottom is the number of sales each month.

Chart data, 1 bed: Jan 2022, AED 1,122,184; latest, Aug 2026, AED 1,718,750; peak, Mar 2026, AED 2,007,500. Rent on new leases: Sep 2025, AED 118,750 a year; latest, Oct 2026, AED 113,750.

Did earlier buyers gain?

Median paid per sqft, all types, against today’s 2,776 · before fees

Launch, 2022–25
1,835
+51%
3 years ago
2,155
+29%
Previous 12 months
2,613
+6%
Last 12 months
2,776
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.

78 resales in the last 12 months, against 127 a year on average over 2023–2025.

DateTypeSqftPriceAED/sqft
12 Oct 2026Studio429AED 1,190,0002,777
8 Oct 2026Studio437AED 1,050,0002,400
1 Oct 20262 bed950AED 2,400,0002,527
14 Sept 20262 bed1,133AED 2,850,0002,516
8 Sept 2026Studio390AED 1,130,0002,900
21 Aug 20262 bed912AED 2,240,0002,456
13 Aug 20261 bed671AED 1,700,0002,532
31 Jul 20261 bed849AED 1,920,0002,261
28 Jul 20261 bed632AED 1,555,0002,460
29 Jun 2026Studio420AED 1,050,0002,498

78 resales in the last 12 months.

Short-term rates around Peninsula One

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

70%
TypeNightly, AEDNet revenue at 70%Long-let rentUpliftNet yield
Studio4+ listings seen6271.56/sqftAED 128,638AED 80,0001.6×10.4%
1 bed5+ listings seen6460.99/sqftAED 128,474AED 120,0001.1×7.1%
2 bed4+ listings seen1,3541.26/sqftAED 274,365AED 170,2291.6×10.4%
Nightly rate through the year

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 One places 32nd of 150; the nearest 8 are shown.

RankBuildingMedian priceAED/sqftGross yield12-month changeSales
28One.B Tower2% · Q4 2028 · off-plan 2,481/sqftAED 3.95M2,828+1.9%—+17.4%40
29Binghatti Skyrise - TOWER C0% · Q4 2026 · off-plan 2,500/sqftAED 1.54M2,821+1.6%—+13.5%128
30Canal Heights36% · Q4 2026 · off-plan 2,831/sqftAED 3.04M2,814+1.4%—-2.6%34
31Canal Heights 218% · Q1 2027 · off-plan 2,863/sqftAED 3.48M2,785+0.3%4.8%-3.5%29
32Peninsula One · this buildingCompleted 2024 · off-plan 1,957/sqftAED 1.83M2,7766.4%+6.2%78
33Downtown Residences0% · Q4 2030 · off-plan 2,763/sqftAED 2.58M2,770-0.2%—+2.5%365
34Al Habtoor Tower90% · Q4 2026 · off-plan 2,648/sqftAED 3.44M2,733-1.6%4.5%+5.8%205
35Binghatti Aquarise - TOWER D21% · Q4 2026 · off-plan 2,658/sqftAED 2.17M2,662-4.1%—+0.4%132
36Peninsula ThreeCompleted 2026 · off-plan 2,205/sqftAED 1.74M2,656-4.3%5.8%+2.2%164

Rank 1 is the dearest per square foot. Differences are against Peninsula One (AED 2,776/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At 1 bed, Peninsula One has registered sale prices 39% above the Business Bay median price per square foot of 1,985 AED, across 121 eligible buildings. It ranks 20th of 121 by price 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 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 One

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.

About Peninsula One

Peninsula One is an apartment building completed in 2024 by Select Global in Business Bay. 956 sales are registered with the Dubai Land Department.

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

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

Peninsula One: AED 2,776 per sq ft, 36% above the median Business Bay building, and a 6.4% gross yield, below the area's median building

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 OneAED 2,776
  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 OneBusiness Bay median building

  1. Business Bay6.4% 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 One, on the map
Pills show median sale price, AED. 119 buildings pinned from Google place records and Apple geocoding · Peninsula One 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 1 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 One’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
8,048AED
4.5% over 25 years
Monthly rent
10,000AED
AED 120,000 a year
Cash needed at purchase
497,710AED
20% down plus AED 135,710 in fees

Owning costs AED 440,613 less than renting over 5 years, once the sale is counted.

Buying overtakes renting in year 2.

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

Ask about Peninsula One

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Common questions

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.
How much does a 1 bedroom in Peninsula One cost?
The median registered sale price is AED 1.81M (2,761 AED/sqft), from 28 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
What are apartments in Peninsula One selling for right now?
Registered sales of ready units in Peninsula One over the last 12 months have a median of 2,761 AED/sqft, across 28 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.
Have prices in Peninsula One risen or fallen?
Median price per square foot moved +5.4% over the last 12 months against the 12 before it, on 28 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
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.

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Peninsula One sale record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
28 registered sales 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
/sale/apartments/dubai/business-bay/peninsula-one
Method
Definitions and calculations

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

Stable dataJSON