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BuildingBusiness Bay · Select Global Development · 2024

Peninsula Two

Studios to two-beds in Business Bay. 24 apartments sold in the last 12 months; every sale, rent and unit is below.

Last 12 monthsUpdated 22 January 2026
Typical price per sqftAED 2,657Up 2.2% on the year
Typical saleAED 1.74M24 sales
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About Peninsula Two

Peninsula Two is a residential tower within the Peninsula master development in Business Bay, set on the Dubai Water Canal near Downtown Dubai. The project rises 36 storeys and has been marketed off-plan through 2025, with handovers indicated from mid‑2025 onward in some listings. Its setting offers urban waterfront living with skyline and canal views, and quick road access to Sheikh Zayed Road and Al Khail Road for connections across the city. The building comprises 439 apartments in studio, one and two-bedroom configurations designed for efficient, contemporary layouts. Many units feature balconies with outlooks toward the Burj Khalifa, Downtown and the canal, reflecting the tower’s position on the Peninsula waterfront. Lifestyle facilities planned for residents include a gym, swimming pool and yoga deck, alongside running and walking tracks integrated into the wider community. The master plan also provides outdoor parks and sports courts such as tennis and squash, with an adjoining community mall expected to house everyday retail like a supermarket, pharmacy, salons, cafés and restaurants. Day-to-day conveniences in Business Bay—shopping, dining, clinics and services—are a short drive away, while Downtown attractions such as the Burj Khalifa and The Dubai Mall can be reached within minutes by car. Public transport in the area includes bus services and the Business Bay Metro Station, with the canal promenade offering additional marine transport options. Apartments are finished in a modern style consistent with new high-rises in Business Bay, with floor-to-ceiling glazing to capture views and covered parking and 24/7 security among the standard building provisions. As part of a larger waterfront community by a well-known developer, Peninsula Two combines an urban setting with access to recreational spaces along the canal, appealing to professionals and couples seeking a central Dubai address.

438 apartments over 35 floors: 177 studios of 390 to 452 sqft, 137 one-beds of 570 to 690 sqft and 85 two-beds of 904 to 965 sqft.

24 apartments sold in the 12 months to January 2026, at a median of AED 2,657 per sqft, up 2.2% on the year before.

Developer
Select Global Development
Completed
2024
Floors
35
Units
438
Unit types
Studio to 2-bed

Business Bay, Dubai

Average prices in Peninsula Two

In Peninsula Two, typical sale prices over the last 12 months were around AED 1,110,000 for studios, AED 1,700,000 for one-beds and AED 2,390,000 for two-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 Two

2,0002,5003,000May 2026Nov 20262025-11-14: AED 1,786, 1-bed, 570 sqft2025-11-18: AED 2,719, Studio, 390 sqft2025-11-18: AED 2,493, Studio, 425 sqft2025-11-25: AED 2,352, Studio, 425 sqft2025-11-25: AED 2,664, 1-bed, 672 sqft2025-11-26: AED 3,244, Studio, 339 sqft2025-11-28: AED 2,624, 2-bed, 915 sqft2025-11-28: AED 2,687, 2-bed, 912 sqft2025-12-04: AED 2,422, 1-bed, 640 sqft2025-12-04: AED 2,512, 2-bed, 949 sqft2025-12-05: AED 2,373, 2-bed, 948 sqft2025-12-08: AED 2,685, 1-bed, 663 sqft2025-12-11: AED 2,655, 2-bed, 904 sqft2025-12-15: AED 2,502, 2-bed, 929 sqft2025-12-16: AED 2,939, Studio, 408 sqft2025-12-17: AED 2,926, Studio, 390 sqft2025-12-22: AED 2,743, Studio, 408 sqft2025-12-22: AED 2,554, 2-bed, 920 sqft2025-12-23: AED 2,982, 1-bed, 570 sqft2025-12-23: AED 2,843, 2-bed, 904 sqft2026-01-02: AED 2,581, 2-bed, 949 sqft2026-01-08: AED 2,815, Studio, 417 sqft2026-01-21: AED 2,479, 2-bed, 948 sqft2026-01-22: AED 2,659, 1-bed, 639 sqftTrend: AED 2,652 to AED 2,702

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 Two

  • Off-plan1-bed · 639 sqft 22 Jan 2026AED 1,700,0002,660 /sqft
  • Off-plan2-bed · 947 sqft 21 Jan 2026AED 2,350,0002,480 /sqft
  • Off-planStudio · 417 sqft 08 Jan 2026AED 1,175,0002,816 /sqft
  • Off-plan2-bed · 949 sqft 02 Jan 2026AED 2,450,0002,581 /sqft
  • Off-plan1-bed · 569 sqft 23 Dec 2025AED 1,700,0002,983 /sqft
  • Off-plan903 sqft 23 Dec 2025AED 2,570,0002,844 /sqft
  • Off-planStudio · 408 sqft 22 Dec 2025AED 1,120,0002,743 /sqft
  • Off-plan2-bed · 919 sqft 22 Dec 2025AED 2,350,0002,555 /sqft
  • Off-planStudio · 389 sqft 17 Dec 2025AED 1,140,0002,926 /sqft
  • Off-planStudio · 408 sqft 16 Dec 2025AED 1,200,0002,939 /sqft

Over the last 12 months, Peninsula Two has recorded 24 apartment sales. Typical homes sold for around AED 1.74M (about AED 2,657 per sqft) with a median size of 651 sqft, from roughly AED 1M to AED 2.57M.

1–10 of 754

Units in Peninsula Two

438 units
  • Unit 2011-bed · 633 sqftSold AED 1.01M, May 2022
  • Unit 202339 sqftSold AED 1.1M, Nov 2025
  • Unit 203Studio · 401 sqftSold AED 690K, Aug 2022
  • Unit 204Studio · 452 sqftSold AED 995K, Feb 2024
  • Unit 2051-bed · 613 sqftSold AED 1.34M, Oct 2024
  • Unit 3011-bed · 688 sqftSold AED 1.12M, Mar 2022
  • Unit 3022-bed · 919 sqftSold AED 1.42M, May 2022
  • Unit 303Studio · 408 sqftSold AED 666K, Feb 2022
  • Unit 3041-bed · 632 sqftSold AED 1.04M, Jan 2022
  • Unit 3052-bed · 963 sqftSold AED 1.41M, Mar 2022
1–10 of 438
Every unit in Peninsula Two, by number

By type: studios (177), one-beds (137), two-beds (85).

Nearby in Business Bay

All 170 →
BuildingSale /sqftYield
Peninsula ThreeAED 2,6977.5%
Peninsula OneAED 2,7587.0%
Ahad ResidencesAED 2,4296.2%
The BurlingtonFew sales
Silver TowerFew sales
1–5 of 169 · nearest first

Peninsula Two in numbers

  • Across 24 DLD sales in the 12 months to January 2026, the median price in Peninsula Two was AED 2,657 per sqft and the typical home sold for about AED 1.74M.
  • Completed in 2024 by Select Global Development; 35 floors of studios to two-beds.

Source: Dubai Land Department. Updated 22 January 2026.

Questions

How much does a two-bed in Peninsula Two cost?

10 two-beds sold in the 12 months to January 2026, for AED 2,250,000 to 2,570,000; the median was AED 2,392,500, or AED 2,568 per sqft.

Have prices in Peninsula Two gone up?

The median price per sqft rose from about AED 2,599 to AED 2,657 over the 12 months to January 2026, up 2.2%, on 24 sales against 110 the year before.

Who built Peninsula Two and when?

Select Global Development; completed in 2024; 35 floors; 438 apartments.

How many apartments are there in Peninsula Two?

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

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