Peninsula Two, Business Bay

    Sold Prices · DLD Data

    Peninsula Two

    Business Bay, Dubai · Business Bay

    AED 2,631

    Avg Price / sqft

    AED 1.6M

    Avg Sale Price

    25

    DLD Sales Recorded

    4.9%

    Est. Gross Yield

    View listings Explore Business Bay

    Market snapshot

    Peninsula Two — the numbers

    Peninsula Two is a residential building in Business Bay, Dubai with approximately 462 units. Dubai Land Department records show 25 sales in the building, at an average price of AED 1.6M — around AED 2,631 per square foot.

    Since January 2026, 25 sales completed in Peninsula Two, with the average price per square foot moving from AED 2,637 to AED 2,486 (-5.7%). That softening can open negotiating room for buyers.

    Benchmarked against average residential rents in Business Bay, a typical unit in Peninsula Two returns an estimated 4.9% gross rental yield before service charges — a useful starting point for investors comparing towers across Business Bay.

    Figures are from Dubai Land Department transaction records for Peninsula Two; individual units vary by floor, view and finish. Gross yield is estimated against average Business Bay residential rents, before service charges.

    Price trend

    Price trend in Peninsula Two

    Average sale price per sqft by month since January 2026-5.7%

    2,5492,7382,927Jan 26: AED 2,637/sqft · 4 salesJan 26May 26: AED 2,990/sqft · 2 salesMay 26Jun 26: AED 2,644/sqft · 5 salesJun 26Jul 26: AED 2,622/sqft · 9 salesJul 26Aug 26: AED 2,486/sqft · 5 salesAug 26

    Unit types

    Prices by unit type

    Studio

    AED 1.2M

    AED 2,847/sqft

    11 sales · last 12 months

    1 Bed

    AED 1.6M

    AED 2,542/sqft

    6 sales · last 12 months

    2 Bed

    AED 2.2M

    AED 2,400/sqft

    8 sales · last 12 months

    Transactions

    Recent sold prices

    DateTypeBedsSize (sqft)PriceAED/sqft
    18 Aug 2026Sales1618AED 1.4MAED 2,249
    14 Aug 2026Sales0442AED 1.3MAED 2,831
    11 Aug 2026Sales2918AED 2.0MAED 2,232
    11 Aug 2026Sales0408AED 1.1MAED 2,573
    06 Aug 2026Sales1570AED 1.4MAED 2,545
    24 Jul 2026Sales0390AED 1.1MAED 2,823
    17 Jul 2026Sales2944AED 2.1MAED 2,203
    17 Jul 2026Sales1688AED 1.6MAED 2,363
    16 Jul 2026Sales2943AED 2.3MAED 2,385
    15 Jul 2026Sales0408AED 1.3MAED 3,067
    09 Jul 2026Sales2911AED 2.3MAED 2,525
    09 Jul 2026Sales1684AED 1.7MAED 2,448
    08 Jul 2026Sales0408AED 1.1MAED 2,797
    01 Jul 2026Sales1570AED 1.7MAED 2,983
    30 Jun 2026Sales2925AED 2.1MAED 2,324
    26 Jun 2026Sales2960AED 2.4MAED 2,447
    18 Jun 2026Sales0424AED 1.1MAED 2,534
    17 Jun 2026Sales0408AED 1.2MAED 2,999
    11 Jun 2026Sales0420AED 1.2MAED 2,914
    11 May 2026Sales0420AED 1.3MAED 2,974

    About the area

    Peninsula Two is in Business Bay

    Business Bay is a dynamic urban community situated adjacent to Dubai's iconic Downtown, catering primarily to professionals and expatriates seeking an engaging city lifestyle. This strategically located area runs alongside the picturesque Dubai Canal, offering residents breathtaking waterfront views and a vibrant atmosphere that harmoniously blends work and leisure.

    Explore the Business Bay area guide

    Nearby

    Other buildings in Business Bay

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    Binghatti Aquarise

    Business Bay · 166 sales · AED 2.7M avg

    Avarra By Palace

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    Al Habtoor Tower

    Business Bay · 149 sales · AED 3.6M avg

    Downtown Residences

    Business Bay · 146 sales · AED 3.3M avg

    Peninsula Four

    Business Bay · 143 sales · AED 2.2M avg

    Lumena Alta By Omniyat

    Business Bay · 127 sales · AED 23M avg

    Peninsula Three

    Business Bay · 123 sales · AED 1.8M avg

    The Edge

    Business Bay · 92 sales · AED 1.7M avg

    FAQ

    Peninsula Two: frequently asked questions

    What is the average price in Peninsula Two?

    The average recorded sale price in Peninsula Two, Business Bay is AED 1.6M, around AED 2,631 per square foot, based on Dubai Land Department transaction data.

    Are prices in Peninsula Two going up or down?

    Average sale prices in Peninsula Two have eased -5.7% per square foot since January 2026, across 25 DLD-recorded sales.

    What rental yield can I expect in Peninsula Two?

    Based on average Business Bay residential rents against sale prices in the building, a typical unit in Peninsula Two yields roughly 4.9% gross per year, before service charges and fees.

    How many properties have sold in Peninsula Two?

    25 sales have been recorded in Peninsula Two according to DLD data, across approximately 462 units.

    Considering Peninsula Two?

    Get honest, DLD-backed guidance on pricing, yields and availability in Business Bay from Binayah's advisors — no pressure, just the numbers.

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