Peninsula Five - Tower 1
One-beds to four-beds in Business Bay. 2 apartments sold in the last 12 months; every sale, rent and unit is below.
About Peninsula Five - Tower 1
Peninsula Five – Tower 1 is a high‑rise residential building within the Peninsula master development in Business Bay, set directly along the Dubai Water Canal. Completed in late 2024, the tower rises 36 storeys and offers city and waterfront vistas, including views toward the Burj Khalifa and Downtown Dubai. It sits in a central urban location with quick connections across the city via Sheikh Zayed Road and Al Khail Road. Business Bay Metro is a short drive away, and the canal promenade is on the doorstep for walking and cycling. Homes in Tower 1 are predominantly apartments ranging from studios to one‑, two‑, three‑ and four‑bedroom layouts, designed with contemporary finishes and floor‑to‑ceiling glazing to maximise light and views. As part of the same phase, Peninsula Five also includes a collection of waterfront duplex residences at podium level, giving larger family‑style options within the community. Many units feature balconies oriented to the canal, with select apartments enjoying skyline outlooks. Building services include high‑speed elevators, 24/7 security and covered parking. Lifestyle facilities are geared to active, family‑friendly living. Residents have access to an infinity‑edge swimming pool and separate children’s pool, a well‑equipped gym, sauna and steam rooms, landscaped podium gardens and multi‑use courts, with retail and café options distributed around the waterfront precinct. Daily needs and leisure are close at hand: supermarkets and casual dining are a few minutes’ drive, the Dubai Mall and Burj Park are reachable in about 10–12 minutes by car, and green space such as Safa Park is accessible within a similar timeframe.
30 apartments over 4 floors: 3 one-beds of 794 to 1,209 sqft, 8 two-beds of 1,623 to 2,367 sqft, 15 three-beds of 1,801 to 2,762 sqft and 2 four-beds of 4,710 to 4,718 sqft.
2 apartments sold in the 12 months to February 2026, at a median of AED 3,655 per sqft.
- Developer
- Select Global Development
- Completed
- 2024
- Floors
- 4
- Units
- 30
- Unit types
- 1-bed to 4-bed
Average prices in Peninsula Five - Tower 1
In Peninsula Five - Tower 1, typical sale prices over the last 12 months were around AED 7,900,000 for two-beds and AED 10,980,000 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 Five - Tower 1
Every registered sale in the last 12 months; the dashed line is the trend within those 12 months, grey dots are flagged outliers left out of it.
Transaction history in Peninsula Five - Tower 1
- Completed2-bed · 2,341 sqft 18 Feb 2026AED 7,900,0003,374 /sqft
- Completed3-bed · 2,761 sqft 09 Feb 2026AED 10,980,0003,976 /sqft
- Completed2,088 sqft 17 Sep 2025AED 4,560,0002,183 /sqft
- Completed3-bed · 2,255 sqft 14 Jul 2025AED 13,500,0005,986 /sqft
- Completed3-bed · 2,166 sqft 02 Jul 2025AED 7,600,0003,508 /sqft
- Completed3-bed · 2,375 sqft 23 Jun 2025AED 7,900,0003,325 /sqft
- Completed2,079 sqft 17 Apr 2025AED 5,700,0002,740 /sqft
- Completed3-bed · 2,326 sqft 13 Feb 2025AED 6,500,0002,794 /sqft
- Off-plan3-bed · 2,588 sqft 14 Oct 2024AED 6,400,0002,472 /sqft
- Off-plan3-bed · 2,761 sqft 03 Oct 2024AED 10,200,0003,693 /sqft
Over the last 12 months, Peninsula Five - Tower 1 has recorded 2 apartment sales. Typical homes sold for around AED 9.44M (about AED 3,655 per sqft) with a median size of 2,565 sqft; most were two-beds.
Units in Peninsula Five - Tower 1
30 units- Unit 2013-bed · 2,361 sqftSold AED 5.23M, Aug 2022
- Unit 2022-bed · 1,978 sqftSold AED 5.15M, Apr 2024
- Unit 2033-bed · 2,762 sqftSold AED 10.98M, Feb 2026
- Unit 2043-bed · 2,579 sqftSold AED 5.54M, Aug 2022
- Unit 2053-bed · 2,255 sqftSold AED 13.5M, Jul 2025
- Unit 2063-bed · 2,166 sqftSold AED 7.6M, Jul 2025
- Unit 2072,080 sqftSold AED 5.7M, Apr 2025
- Unit 2081-bed · 794 sqftSold AED 1.52M, Jul 2022
- Unit 2091-bed · 851 sqftSold AED 1.63M, May 2024
- Unit 2102,089 sqftSold AED 4.56M, Sep 2025
Nearby buildings in Business Bay
All 170 →| Building | Completed | Sale /sqft | Rent /sqft | Yield |
|---|---|---|---|---|
| Peninsula Five - Tower 3 | 2024 | AED 2,717 | AED 174 | 6.4% |
| Peninsula Five - Tower 2 | 2024 | AED 2,878 | ||
| Peninsula One | 2024 | AED 2,784 | AED 194 | 7.0% |
| Jumeirah Living Business Bay | 2025 | AED 4,058 | ||
| The Burlington | 2013 | Few sales | ||
| Peninsula Two | 2024 | AED 2,657 | ||
| One by Binghatti | 2026 | AED 3,323 | ||
| Silver Tower | 2011 | Few sales | ||
| Peninsula Three | 2025 | AED 2,697 | AED 202 | 7.5% |
| Bayswater Tower | 2010 | Few sales |
Peninsula Five - Tower 1 in numbers
- Across 2 DLD sales in the 12 months to February 2026, the median price in Peninsula Five - Tower 1 was AED 3,655 per sqft and the typical home sold for about AED 9.44M.
- Completed in 2024 by Select Global Development; 4 floors of one-beds to four-beds.
Source: Dubai Land Department. Updated 18 February 2026.
Questions about Peninsula Five - Tower 1
How much does a two-bed in Peninsula Five - Tower 1 cost?
1 two-bed sold in the 12 months to February 2026; the median was AED 7,900,000, or AED 3,370 per sqft.
Who built Peninsula Five - Tower 1 and when?
Select Global Development; completed in 2024; 4 floors; 30 apartments.
How many apartments are there in Peninsula Five - Tower 1?
30, one-beds to four-beds. Each has its own page with its full sales and rental history.
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