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BuildingBusiness Bay · Select Global Development · 2024

Peninsula One

Studios to three-beds in Business Bay. 40 apartments sold in the last 12 months; every sale, rent and unit is below.

Last 12 monthsUpdated 15 February 2026
Typical price per sqftAED 2,784Up 4.0% on the year
Typical saleAED 1.93M40 sales
Typical rentAED 116K /yrAED 190 per sqft
Typical yield6.8%gross, before service charges
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About Peninsula One

Peninsula One is a contemporary residential tower within the Peninsula master community in Business Bay, positioned directly along the Dubai Canal. It forms part of a waterfront enclave that frames views toward Downtown Dubai and the Burj Khalifa, combining an urban setting with a promenade lifestyle. Homes span studio and one‑bedroom apartments in the high‑rise tower, complemented by one‑ to three‑bedroom simplexes on the podium and waterfront levels. Floor‑to‑ceiling glazing, clean lines and minimalist finishes are typical, with many units oriented to canal or skyline vistas. Since 2025, brand‑new units have been coming to market for both sale and lease, reflecting the project’s recent handovers. Residents have access to facilities expected of a modern Business Bay development, including a gym, swimming pool, sauna and steam rooms, landscaped gardens, barbecue areas and an outdoor children’s play space. The wider master community adds convenience with on‑site retail and cafés, while 24‑hour security and building management services support day‑to‑day living. The location suits professionals seeking proximity to major commercial and leisure districts. Downtown Dubai and The Dubai Mall are a short drive away, and the canal-side setting encourages walking, jogging and cycling along the waterfront paths. Public transport is accessible, with bus stops in the vicinity and Business Bay Metro Station reachable within minutes by car. By road, the neighbourhood connects efficiently to Dubai’s main arteries, easing commutes across the city. Overall, Peninsula One offers recently delivered, well‑specified apartments in a new waterfront cluster in the heart of Business Bay, pairing modern amenities with an active canal lifestyle and quick access to key destinations.

518 apartments over 35 floors: 170 studios of 204 to 443 sqft, 167 one-beds of 364 to 1,408 sqft, 126 two-beds of 474 to 1,873 sqft and 8 three-beds of 1,479 to 2,997 sqft.

40 apartments sold in the 12 months to February 2026, at a median of AED 2,784 per sqft, up 4.0% on the year before. 82 rental contracts were registered over the same 12 months, at a typical AED 116,000 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 1,270,000 for studios, AED 1,840,000 for one-beds, AED 2,650,000 for two-beds and AED 5,050,000 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

2,0003,000May 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 3,072, 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 sqftTrend: AED 2,534 to AED 2,881

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 One

  • Completed1,876 sqft 04 Feb 2026AED 3,880,0002,068 /sqft
  • CompletedStudio · 407 sqft 02 Feb 2026AED 1,360,0003,339 /sqft
  • CompletedStudio · 390 sqft 30 Jan 2026AED 1,290,0003,307 /sqft
  • Completed1-bed · 581 sqft 27 Jan 2026AED 1,850,0003,183 /sqft
  • Completed2-bed · 898 sqft 23 Jan 2026AED 2,600,0002,893 /sqft
  • Completed1-bed · 614 sqft 13 Jan 2026AED 1,825,0002,971 /sqft
  • Completed3-bed · 1,480 sqft 13 Jan 2026AED 4,300,0002,905 /sqft
  • Completed2-bed · 1,619 sqft 08 Jan 2026AED 3,880,0002,395 /sqft
  • Completed1-bed · 614 sqft 07 Jan 2026AED 1,740,0002,833 /sqft
  • Completed1-bed · 631 sqft 07 Jan 2026AED 1,700,0002,691 /sqft

Over the last 12 months, Peninsula One has recorded 40 apartment sales. Typical homes sold for around AED 1.93M (about AED 2,784 per sqft) with a median size of 680 sqft, from roughly AED 900K to AED 6.5M.

1–10 of 937

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 (170), one-beds (167), two-beds (126), three-beds (8).

Nearby in Business Bay

All 170 →
BuildingSale /sqftYield
Peninsula TwoAED 2,657
Peninsula Five - Tower 3AED 2,7176.4%
Peninsula Five - Tower 2AED 2,878
Peninsula Five - Tower 1AED 3,655
Peninsula ThreeAED 2,6977.5%
1–5 of 169 · nearest first

Peninsula One in numbers

  • Across 40 DLD sales in the 12 months to February 2026, the median price in Peninsula One was AED 2,784 per sqft and the typical home sold for about AED 1.93M.
  • Completed in 2024 by Select Global Development; 35 floors of studios to three-beds.
  • A studio of 204 to 443 sqft rents for AED 75,000 to 130,000 a year on the 32 contracts registered in the last 12 months.
  • Gross rental yield 6.8%: the median rent per sqft over the median sale price per sqft, before service charges.

Source: Dubai Land Department. Updated 15 February 2026.

Questions

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

16 one-beds sold in the 12 months to February 2026, for AED 1,650,000 to 3,365,000; the median was AED 1,837,500, or AED 2,847 per sqft.

How much is a studio for rent in Peninsula One?

About AED 88,000 a year: that is the median of the 32 contracts for studios registered with Ejari in the 12 months to February 2026, from AED 75,000 to 130,000.

What is the rental yield in Peninsula One?

About 6.8% gross across the building, from about 7.0% for two-beds to 6.6% for one-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 2,677 to AED 2,784 over the 12 months to February 2026, up 4.0%, on 40 sales against 124 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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