Peninsula Two, Dubai

Peninsula Two

What people actually paid in Peninsula Two: the sales registered at the Dubai Land Department, not asking prices. Understand the numbers before you buy.

Peninsula Two — 75 sales in the last 12 months, median AED 1.65M at AED 2,578 a sq ft, from the DLD register. 3 for sale with McCone, AED 1.95M – 2.10M. 7 for rent →

Buying off-plan

Sam McCone

Sam McCone

Managing Partner

Buying in Peninsula Two? Our team can walk you through what these numbers mean for you.

Investeren vanuit Nederland of België →

Community
Business Bay
Nearest metro
Business Bay Metro Station — as the Dubai Land Department files it; every building beside it, and what each sold for
Handed over
2026 — the first year resales of completed homes appear in numbers on the register, not the developer’s date
First on record
2022 — an off-plan sale
Sales on record
789 — registered at the Dubai Land Department, the latest October 2026
Off-plan share
95% — 752 bought off-plan from the developer, 37 resales of a completed home

Recorded rents and gross yield for Peninsula Two →

How Peninsula Two compares — every tower in Business Bay, ranked by recorded price →

Living in Business Bay — the area guide →

What a mortgage on a home in Peninsula Two costs a month — and the cash you need on the day →

Median sale price
AED 1.65M
75 sales · the last 12 months
Mean AED 1.69M
Median per sq ft
AED 2,578
-0.4% on the year before
Mean AED 2,600
Against Business Bay
34 of 100
Community median AED 2,500 / sq ft
Activity, 90 days
22 sales
5.9× its usual pace · 4th of 37 busiest in Business Bay

The recorded market

Price per square foot, by year

The median of every sale registered at the Dubai Land Department here. Not asking prices.

1,815
2,181
2,382
2,621
2,573
20222023202420252026

The low was 2022 at AED 1,815 a square foot, and it has recovered 42% since. It is still 2% below its 2025 peak.

What sells here

By size

Registered sales in the last three years. Sizes are the registered floor area.

LayoutTypical sizeMedian priceMean pricePer sq ftSales
Studio408 sqft1,100,0001,084,1902,689129
1 B/R632 sqft1,540,0001,511,0852,43393
2 B/R915 sqft2,210,0002,196,6342,38169

Layouts that have sold fewer than five times in three years are left out — too few to quote a median, so we do not guess at one.

Every sale, as registered

Recent sales in Peninsula Two

The last transfers recorded at the Dubai Land Department, newest first.

DateLayoutSizePricePer sq ft
19 Oct 2026Studio3901,180,0003,028
16 Oct 2026Studio3901,000,0002,567
8 Oct 2026Studio4081,022,7002,504
6 Oct 20261 B/R6301,650,0002,620
5 Oct 20262 B/R9602,300,0002,395
1 Oct 20261 B/R6711,515,0002,256
29 Sept 20261 B/R6711,720,0002,562
25 Sept 20261 B/R5701,500,0002,632
24 Sept 20261 B/R6301,695,0002,691
17 Sept 20262 B/R9432,225,0002,359
16 Sept 2026Studio4091,100,0002,692
14 Sept 20262 B/R9111,950,0002,141

How often it trades

Sales per year

Off-plan sales dominate a building’s first years; resales take over after handover.Off-planResale

444
66
121
117
41
20222023202420252026

Of the 789 sales on record, 752 were bought off-plan from the developer and 37 were resales of a finished home. The changeover in 2026 is the handover. The 2026 bar is part-year.

In context

Where it sits in Business Bay

Peninsula Two is the 34th most expensive of the 100 Business Bay buildings with at least fifteen recorded sales in the last year. These are its immediate neighbours on price.

RankBuildingSales, 12 monthsMedian per sq ft
31The Crestmark222,598
32Binghatti Aquarise - TOWER B1112,582
33Aykon City Tower D352,580
34Peninsula Two752,578
35DG1302,560
36Peninsula Four2192,517
37The Edge1272,442

Business Bay as a whole: AED 2,500 a square foot across 6,232 sales in the last twelve months.

Where the market is moving

The busiest buildings in Business Bay

Peninsula Two is the 4th busiest of the 37 Business Bay buildings with five or more completed-home sales in the ninety days to 19 Oct 2026.

RankBuildingSales, 90 daysAgainst its usual pace
1Peninsula Four57New to resale
2Regalia By Deyaar37New to resale
3Peninsula Three321.2×
4Peninsula Two225.9×
5Aykon City Tower C181.0×

Completed homes only, by the date the Dubai Land Department registered the transfer — the ninety days to 19 Oct 2026. Buildings with fewer than five sales in the window are not ranked. The ten busiest in Business Bay, with pace against each building’s own year before.

Where these numbers come from. Every figure on this page is drawn from the Dubai Land Department’s transaction register, read directly from the Dubai Data Exchange. It is what buyers actually paid, recorded at transfer — not asking prices, not valuations, not our own estimates. Mortgage registrations, gift transfers, rent-to-own contracts and developers’ own filings are all excluded; none of them is a price a buyer paid. Medians are used rather than averages so one unusual sale cannot move the number. Data through 19 Oct 2026.

Nearby

What else to look at in Business Bay

The buildings this one sits between on recorded price per square foot, and the newest to start trading. Every one has its own page of registered prices.

BuildingRecorded salesFirst tradedMedian per sq ft
Sobha Skyparksnewest8320264,250
Avarra by Palacenewest15620263,490
Royal Regency17520241,972
Onda by Kasco29820251,971
The Sterling West26420161,956
J One - 131720181,943
Urban Oasis70920181,927
Century Tower22420241,894
SLS Dubai Hotel & Residences55920201,880
MAG 31863820171,872

Medians over each building’s whole recorded history at the Dubai Land Department, so a tower that has not traded lately is still here — this is what to look at next, not what the market is doing this month. Buildings with fewer than five recorded sales are left out. “First traded” is the year the register first saw a sale in the building, which for a new tower is close to its handover.

Questions about Peninsula Two? Our team is a message away.

Sam McCone

Sam McCone

Buying off-plan