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Project · #552 by 12M value

Peninsula One

Business Bay · Select Group

Median price per sqft · last 3 months

AED 2,460 /sqft

3M like-for-like
—
vs 1 year ago
—
Sales 30D
5

Market bulletin · Thu, 22 Oct 2026

Peninsula One: 5 sales worth AED 8.54M in 30 days

Peninsula One recorded 5 sales worth AED 8.54M in the 30 days to Thu, 22 Oct 2026. Over the last week 2 sales were registered (AED 3.90M), against 1 the week before.

The median sale over the last three months was AED 1.80M, or AED 2,460/sqft. Monthly medians over the past year ranged from AED 2,693/sqft to AED 2,891/sqft.

By market over 12 months: secondary (ready) sales 100%.

In Business Bay, Peninsula One ranked #11 of 11 leading projects by 12-month sales value; it is developed by Select Group.

Leases registered in the last three months had a median annual rent of AED 110K. The best gross yield is on 2 BR apartments at about 6.8%.

Median AED/sqft

Monthly median of all registered sales

View data table
Median AED/sqft
DateAED/sqft
Oct 26AED 2,527
Sept 26—
Aug 26—
Jul 26—
Jun 26—
May 26—
Apr 26—
Mar 26—
Feb 26—
Jan 26AED 2,891
Dec 25AED 2,693
Nov 25AED 2,797
Oct 25AED 2,831
Sept 25AED 2,530
Aug 25—
Jul 25AED 2,255
Jun 25AED 2,661
May 25AED 2,612
Apr 25AED 2,619
Mar 25AED 2,448
Feb 25AED 2,636
Jan 25AED 2,687
Dec 24AED 2,522
Nov 24AED 2,551

Off-plan vs resale vs secondary

Monthly median AED/sqft by market (months with 10+ sales)

View data table
Off-plan vs resale vs secondary
DateOff-plan resaleSecondary (ready)
Oct 26——
Sept 26——
Aug 26——
Jul 26——
Jun 26——
May 26——
Apr 26——
Mar 26——
Feb 26——
Jan 26——
Dec 25—AED 2,693
Nov 25—AED 2,797
Oct 25—AED 2,831
Sept 25—AED 2,530
Aug 25——
Jul 25——
Jun 25——
May 25AED 2,612—
Apr 25AED 2,619—
Mar 25AED 2,543—
Feb 25AED 2,636—
Jan 25——
Dec 24——
Nov 24AED 2,551—

Sales per month

Registered sales by market

View data table
Sales per month
DateOff-plan (developer)Off-plan resaleSecondary (ready)
Oct 26005
Sept 26000
Aug 26001
Jul 26001
Jun 26002
May 26002
Apr 26001
Mar 26002
Feb 26003
Jan 26008
Dec 250012
Nov 250018

Period comparison

This market against its own past: each window vs the one before it and vs the same window a year earlier.

Period comparison
WindowSalesvs priorValueAED/sqftvs prior
Last 1 month5—AED 8.54M2,527—
Last 3 months7up 75.0%AED 12.3M2,460—
Last 6 months11down 78.0%AED 19.7M2,681down 5.8%
Last 12 months61down 50.8%AED 133M2,793up 6.4%

Raw medians — the headline change above is like-for-like (same market, type and bedrooms).

Off-plan, resale and secondary (12M)
MarketSalesShareMedian priceAED/sqft1Y
Secondary (ready)61100%AED 1.82M2,793up 6.8%
By bedrooms (12M)
BedroomsSalesShareMedian priceAED/sqft1Y
Studio1728%AED 1.25M3,088up 12.0%
1 bedroom2236%AED 1.81M2,798up 6.2%
2 bedrooms1830%AED 2.65M2,442up 2.8%
3 bedrooms47%———
By price band (12M)
PriceSalesShareMedian priceAED/sqft1Y
Under AED 2M3862%AED 1.62M2,946up 8.9%
AED 2M–10M2338%AED 2.88M2,427down 0.9%

Rents & yields

Leases registered with Ejari / DLD.

Median annual rent

Monthly median of registered leases (new and renewed)

View data table
Median annual rent
DateAnnual rent
Oct 26AED 110K
Sept 26AED 100K
Aug 26AED 110K
Jul 26AED 95K
Jun 26AED 96K
May 26AED 130K
Apr 26—
Mar 26AED 125K
Feb 26AED 140K
Jan 26AED 120K
Dec 25AED 115K
Nov 25AED 110K
Oct 25AED 115K
Sept 25AED 80K
Aug 25—
Leases (12M)
397
New leases
97%
Median rent 3M
AED 110K
Rent/sqft 3M
AED 176
Gross yield
Studio apartmentsAED 80K / AED 1.25M6.4%
1 BR apartmentsAED 115K / AED 1.81M6.4%
2 BR apartmentsAED 180K / AED 2.65M6.8%
Rent by bedrooms (12M)
BedroomsLeasesMedian rentNew leasesAED/sqft/yr
Studio108AED 80KAED 80K196
1 BR145AED 115KAED 115K185
2 BR87AED 180KAED 180K172

Competing projects in Business Bay

Compare

Other projects trading in the same community

Peers
NameSales 12MAED/sqft3M
Bugatti ResidencesBinghatti265,436—
DWTN Residences - Downtown ResidencesDeyaar Development2942,773—
Al Habtoor TowerAl Habtoor Group1772,661—
One by BinghattiBinghatti1722,205up 2.7%
Tiger Sky TowerTiger Properties - Tiger Real Estate1562,350—
Volante 2Xtreme Vision123,491—
Burj Binghatti by Jacob & CoBinghatti273,523—
Avarra - Business Bay Palace ResidencesEmaar Properties593,460—
One River PointEllington Properties Development792,714—
Bayz 102 By DanubeDanube Properties932,955—

Biggest sales, last 3 months

Biggest sales in Peninsula One
PricePropertyDate
AED 2.40M2 BR Apartment · 950 sqftPeninsula One · Business Bay1 Oct
AED 2.24M2 BR Apartment · 912 sqftPeninsula One · Business Bay20 Aug
AED 2.10M1 BR Apartment · 1,029 sqftPeninsula One · Business Bay22 Oct
AED 1.80M1 BR Apartment · 671 sqftPeninsula One · Business Bay16 Oct
AED 1.55M1 BR Apartment · 632 sqftPeninsula One · Business Bay28 Jul
AED 1.19MStudio Apartment · 429 sqftPeninsula One · Business Bay9 Oct

Questions about Peninsula One

What is the average price per sqft in Peninsula One?

The median sale price in Peninsula One over the last three months was AED 2,460 per sqft (median sale AED 1.80M), based on 7 sales registered with Dubai Land Department.

How many properties were sold in Peninsula One in the last year?

61 sales worth AED 133M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.

What is the average rent in Peninsula One?

The median annual rent on leases registered in the last three months was AED 110K, and the best gross rental yield is about 6.8%.

Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.

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