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BuildingBusiness Bay · Select Global Development · 2024

Peninsula One

Studios to three-beds in Business Bay. 62 apartments sold in the last 12 months; every sale, rent and unit is below.

Last 12 monthsUpdated 7 November 2026
Typical price per sqftAED 2,715Up 1.5% on the year
Typical saleAED 1.91M62 sales
Typical rentAED 118K /yrAED 178 per sqft
Typical yield6.6%gross, before service charges
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About Peninsula One

Peninsula One is a freehold apartment building in Business Bay, in central Dubai beside Downtown Dubai. Select Global Development completed it in 2024. The building has 35 storeys and 518 apartments, from studios to three-bedroom units, with sizes from 204 to 2,997 sqft. It stands among other Peninsula buildings, including Peninsula Four Tower A, Peninsula Four Lofts A and Peninsula Four Tower B. Business Bay metro station (Red Line) is about 1,000 m away on the Sheikh Zayed Road side of the district. Burj Khalifa/Dubai Mall is one stop north. Within walking distance are F Mart Express in Burlington Tower (about 300 m), DHA academy (about 500 m) and BBET Dog Park (about 500 m).

518 apartments over 35 floors: 186 studios of 204 to 446 sqft, 182 one-beds of 364 to 1,481 sqft, 141 two-beds of 474 to 1,924 sqft and 9 three-beds of 1,479 to 2,997 sqft.

62 apartments sold in the 12 months to November 2026, at a median of AED 2,715 per sqft, up 1.5% on the year before. 267 rental contracts were registered over the same 12 months, at a typical AED 118,000 a year.

Developer
Select Global Development
Completed
2024
Floors
35
Units
518
Unit types
Studio to 3-bed

Business Bay, Dubai

Average prices in Peninsula One

In Peninsula One, typical sale prices over the last 12 months were around AED 1,220,000 for studios, AED 1,810,000 for one-beds, AED 2,630,000 for two-beds and AED 4,300,000 for three-beds.

Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.

Price history in Peninsula One

2,0002,5003,000May 2026Nov 20262025-11-11: AED 3,009, 1-bed, 570 sqft2025-11-11: AED 2,852, 1-bed, 666 sqft2025-11-12: AED 2,272, 1-bed, 1,481 sqft2025-11-14: AED 3,195, Studio, 407 sqft2025-11-14: AED 2,589, 3-bed, 1,950 sqft2025-11-19: AED 2,904, 1-bed, 671 sqft2025-11-19: AED 1,963, 2-bed, 1,872 sqft2025-11-20: AED 3,073, Studio, 407 sqft2025-11-24: AED 2,956, 1-bed, 570 sqft2025-11-24: AED 2,741, 2-bed, 912 sqft2025-11-24: AED 1,626, 2-bed, 1,876 sqft2025-11-26: AED 2,952, Studio, 390 sqft2025-11-26: AED 2,404, 1-bed, 686 sqft2025-11-27: AED 2,427, 2-bed, 948 sqft2025-11-28: AED 2,658, 2-bed, 903 sqft2025-11-28: AED 2,339, 2-bed, 1,924 sqft2025-11-29: AED 2,426, 2-bed, 1,298 sqft2025-12-04: AED 2,250, 2-bed, 1,133 sqft2025-12-09: AED 2,842, 1-bed, 674 sqft2025-12-11: AED 2,775, 2-bed, 948 sqft2025-12-12: AED 1,928, 2-bed, 964 sqft2025-12-12: AED 1,989, 1-bed, 1,407 sqft2025-12-16: AED 2,610, 1-bed, 632 sqft2025-12-16: AED 2,168, 3-bed, 2,997 sqft2025-12-17: AED 2,792, 1-bed, 666 sqft2025-12-18: AED 2,969, 1-bed, 674 sqft2025-12-19: AED 2,902, 2-bed, 920 sqft2025-12-22: AED 3,193, 1-bed, 570 sqft2025-12-23: AED 2,316, Studio, 389 sqft2025-12-29: AED 3,133, Studio, 405 sqft2026-01-07: AED 2,689, 1-bed, 632 sqft2026-01-07: AED 2,802, 1-bed, 621 sqft2026-01-08: AED 2,401, 2-bed, 1,616 sqft2026-01-13: AED 2,938, 1-bed, 621 sqft2026-01-13: AED 2,904, 3-bed, 1,480 sqft2026-01-23: AED 2,876, 2-bed, 904 sqft2026-01-27: AED 3,157, 1-bed, 586 sqft2026-01-30: AED 3,319, Studio, 389 sqft2026-02-02: AED 3,343, Studio, 407 sqft2026-02-04: AED 2,068, 2-bed, 1,876 sqft2026-02-24: AED 3,213, 1-bed, 728 sqft2026-02-27: AED 2,849, 2-bed, 948 sqft2026-03-03: AED 1,912, 2-bed, 948 sqft2026-03-13: AED 3,287, Studio, 406 sqft2026-03-31: AED 2,617, 1-bed, 640 sqft2026-04-03: AED 2,876, 2-bed, 904 sqft2026-04-06: AED 2,273, 3-bed, 1,539 sqft2026-05-07: AED 2,925, Studio, 390 sqft2026-05-13: AED 2,689, 1-bed, 632 sqft2026-06-01: AED 2,403, 3-bed, 1,539 sqft2026-06-12: AED 2,952, 1-bed, 554 sqft2026-06-25: AED 3,184, 2-bed, 903 sqft2026-07-28: AED 2,460, 1-bed, 632 sqft2026-08-13: AED 2,532, 1-bed, 671 sqft2026-08-20: AED 2,456, 2-bed, 912 sqft2026-09-08: AED 2,900, Studio, 390 sqft2026-09-11: AED 2,515, 2-bed, 1,133 sqft2026-10-01: AED 2,527, 2-bed, 950 sqft2026-10-08: AED 2,400, Studio, 437 sqft2026-10-09: AED 2,777, Studio, 429 sqft2026-10-16: AED 2,681, 1-bed, 671 sqft2026-10-22: AED 2,041, 1-bed, 1,029 sqftTrend: AED 2,681 to AED 2,627

Every registered sale in the last 12 months; the dashed line is the trend, grey dots are flagged outliers left out of it.

Transaction history in Peninsula One

  • Completed1-bed · 1,028 sqft 22 Oct 2026AED 2,100,0002,041 /sqft
  • Completed1-bed · 671 sqft 16 Oct 2026AED 1,800,0002,681 /sqft
  • CompletedStudio · 428 sqft 09 Oct 2026AED 1,190,0002,777 /sqft
  • CompletedStudio · 437 sqft 08 Oct 2026AED 1,050,0002,400 /sqft
  • Completed2-bed · 949 sqft 01 Oct 2026AED 2,400,0002,527 /sqft
  • Completed2-bed · 1,132 sqft 11 Sep 2026AED 2,850,0002,516 /sqft
  • CompletedStudio · 389 sqft 08 Sep 2026AED 1,130,0002,900 /sqft
  • Completed2-bed · 912 sqft 20 Aug 2026AED 2,240,0002,456 /sqft
  • Completed1-bed · 671 sqft 13 Aug 2026AED 1,700,0002,532 /sqft
  • Completed1-bed · 632 sqft 28 Jul 2026AED 1,555,0002,460 /sqft

Over the last 12 months, Peninsula One has recorded 62 apartment sales. Typical homes sold for around AED 1.91M (about AED 2,715 per sqft) with a median size of 680 sqft, from roughly AED 900K to AED 6.5M.

1–10 of 960

Units in Peninsula One

518 units
  • Unit 2011-bed · 623 sqftSold AED 997K, May 2022
  • Unit 202Studio · 425 sqftSold AED 960K, Apr 2025
  • Unit 203Studio · 391 sqftSold AED 637K, May 2022
  • Unit 2041-bed · 584 sqftSold AED 935K, Aug 2022
  • Unit 3011-bed · 698 sqftSold AED 1.4M, May 2023
  • Unit 302Studio · 405 sqftSold AED 850K, Dec 2023
  • Unit 3031-bed · 632 sqftSold AED 986K, Feb 2022
  • Unit 3042-bed · 964 sqftSold AED 1.86M, Dec 2025
  • Unit 3051-bed · 684 sqftSold AED 1.04M, Feb 2022
  • Unit 306Studio · 433 sqftSold AED 980K, Apr 2024
1–10 of 518
Every unit in Peninsula One, by number

By type: studios (186), one-beds (182), two-beds (141), three-beds (9).

Nearby in Business Bay

All 187 →
BuildingSale /sqftYield
Peninsula Four Tower AAED 2,5496.0%
Peninsula Four Lofts AFew sales
Peninsula Four Tower BAED 2,5006.3%
Peninsula Four Tower V3Few sales
Peninsula Four Lofts BFew sales
1–5 of 186 · nearest first

Peninsula One in numbers

  • Across 62 DLD sales in the 12 months to November 2026, the median price in Peninsula One was AED 2,715 per sqft and the typical home sold for about AED 1.91M.
  • Completed in 2024 by Select Global Development; 35 floors of studios to three-beds.
  • An one-bed of 364 to 1,481 sqft rents for AED 82,000 to 195,000 a year on the 93 contracts registered in the last 12 months.
  • Gross rental yield 6.6%: the median rent per sqft over the median sale price per sqft, before service charges.

Source: Dubai Land Department. Updated 7 November 2026.

Questions

How much does an one-bed in Peninsula One cost?

24 one-beds sold in the 12 months to November 2026, for AED 1,555,000 to 3,365,000; the median was AED 1,810,000, or AED 2,797 per sqft.

How much is an one-bed for rent in Peninsula One?

About AED 118,000 a year: that is the median of the 93 contracts for one-beds registered with Ejari in the 12 months to November 2026, from AED 82,000 to 195,000.

What is the rental yield in Peninsula One?

About 6.6% gross across the building, from about 6.7% for two-beds to 6.3% for three-beds, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.

Have prices in Peninsula One gone up?

The median price per sqft rose from about AED 2,675 to AED 2,715 over the 12 months to November 2026, up 1.5%, on 62 sales against 125 the year before.

Who built Peninsula One and when?

Select Global Development; completed in 2024; 35 floors; 518 apartments.

How many apartments are there in Peninsula One?

518, studios to three-beds. Each has its own page with its full sales and rental history.

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