Market bulletin · Thu, 22 Oct 2026
Peninsula Two: median AED 2,567/sqft, down 2.8% over three months on 15 sales
Peninsula Two recorded 9 sales worth AED 13.5M in the 30 days to Thu, 22 Oct 2026, up 200.0% on the previous 30 days. Over the last week 3 sales were registered (AED 4.43M), against 0 the week before.
The median sale over the last three months was AED 1.51M, or AED 2,567/sqft — like-for-like prices per sqft down 2.8% on the previous three months. Monthly medians over the past year ranged from AED 2,448/sqft to AED 2,671/sqft.
By market over 12 months: off-plan resales 57.1%, secondary (ready) sales 42.9%.
In Business Bay, Peninsula Two 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 90K. The best gross yield is on 2 BR apartments at about 6.3%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | AED 2,535 |
| Sept 26 | AED 2,597 |
| Aug 26 | — |
| Jul 26 | AED 2,448 |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | AED 2,671 |
| Nov 25 | AED 2,596 |
| Oct 25 | AED 2,541 |
| Sept 25 | AED 2,566 |
| Aug 25 | — |
| Jul 25 | AED 2,571 |
| Jun 25 | AED 2,835 |
| May 25 | AED 2,800 |
| Apr 25 | AED 2,588 |
| Mar 25 | AED 2,497 |
| Feb 25 | AED 2,535 |
| Jan 25 | AED 2,622 |
| Dec 24 | — |
| Nov 24 | AED 2,566 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 6 |
| Sept 26 | 0 | 0 | 6 |
| Aug 26 | 0 | 0 | 3 |
| Jul 26 | 0 | 0 | 7 |
| Jun 26 | 0 | 0 | 3 |
| May 26 | 0 | 0 | 2 |
| Apr 26 | 0 | 0 | 0 |
| Mar 26 | 0 | 0 | 0 |
| Feb 26 | 0 | 0 | 0 |
| Jan 26 | 0 | 4 | 0 |
| Dec 25 | 0 | 12 | 0 |
| Nov 25 | 0 | 17 | 0 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 9 | up 200.0% | AED 13.5M | 2,567 | — |
| Last 3 months | 15 | up 25.0% | AED 23.1M | 2,567 | down 4.2% |
| Last 6 months | 27 | down 22.9% | AED 41.9M | 2,567 | down 1.1% |
| Last 12 months | 63 | down 40.6% | AED 106M | 2,589 | up 0.3% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Off-plan resale | 36 | 57% | AED 1.72M | 2,610 | up 1.1% |
| Secondary (ready) | 27 | 43% | AED 1.51M | 2,567 | — |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 21 | 33% | AED 1.12M | 2,823 | up 0.6% |
| 1 bedroom | 22 | 35% | AED 1.66M | 2,583 | up 2.9% |
| 2 bedrooms | 20 | 32% | AED 2.35M | 2,508 | up 1.5% |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 44 | 70% | AED 1.38M | 2,661 | up 0.9% |
| AED 2M–10M | 19 | 30% | AED 2.35M | 2,513 | up 0.9% |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | AED 85K |
| Sept 26 | AED 93K |
| Aug 26 | AED 90K |
| Jul 26 | — |
| Jun 26 | — |
- Leases (12M)
- 138
- New leases
- 100%
- Median rent 3M
- AED 90K
- Rent/sqft 3M
- AED 155
| Studio apartments | AED 65K / AED 1.18M | 5.5% |
|---|---|---|
| 1 BR apartments | AED 95K / AED 1.64M | 5.8% |
| 2 BR apartments | AED 140K / AED 2.24M | 6.3% |
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| Studio | 39 | AED 65K | AED 65K | 156 |
| 1 BR | 68 | AED 95K | AED 95K | 152 |
| 2 BR | 20 | AED 140K | AED 140K | 154 |
Competing projects in Business Bay
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Bugatti ResidencesBinghatti | 26 | 5,436 | — |
| DWTN Residences - Downtown ResidencesDeyaar Development | 294 | 2,773 | — |
| Al Habtoor TowerAl Habtoor Group | 177 | 2,661 | — |
| One by BinghattiBinghatti | 172 | 2,205 | up 2.7% |
| Tiger Sky TowerTiger Properties - Tiger Real Estate | 156 | 2,350 | — |
| Volante 2Xtreme Vision | 12 | 3,491 | — |
| Burj Binghatti by Jacob & CoBinghatti | 27 | 3,523 | — |
| Avarra - Business Bay Palace ResidencesEmaar Properties | 59 | 3,460 | — |
| One River PointEllington Properties Development | 79 | 2,714 | — |
| Bayz 102 By DanubeDanube Properties | 93 | 2,955 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 2.25M | 2 BR Apartment · 943 sqftPeninsula Two · Business Bay | 22 Oct |
| AED 2.23M | 2 BR Apartment · 943 sqftPeninsula Two · Business Bay | 17 Sept |
| AED 1.95M | 2 BR Apartment · 911 sqftPeninsula Two · Business Bay | 14 Sept |
| AED 1.72M | 1 BR Apartment · 671 sqftPeninsula Two · Business Bay | 29 Sept |
| AED 1.70M | 1 BR Apartment · 630 sqftPeninsula Two · Business Bay | 24 Sept |
| AED 1.65M | 1 BR Apartment · 630 sqftPeninsula Two · Business Bay | 6 Oct |
Questions about Peninsula Two
What is the average price per sqft in Peninsula Two?
The median sale price in Peninsula Two over the last three months was AED 2,567 per sqft (median sale AED 1.51M), based on 15 sales registered with Dubai Land Department.
How many properties were sold in Peninsula Two in the last year?
63 sales worth AED 106M were registered in the last 12 months: 0% developer off-plan, 57% off-plan resales and 43% secondary (ready) sales.
What is the average rent in Peninsula Two?
The median annual rent on leases registered in the last three months was AED 90K, and the best gross rental yield is about 6.3%.
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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