Business Bay
Peninsula One
بينينسولا ونSelect Global Development L.L.C · Selling since 2022 · recent sales mostly resales
The Land Department’s record
completed per DLD · 100% complete · buildings · 525 units · 2 buildings · DLD target completion April 2024
Registered developer: Select Global Development L.L.C (DLD no. 972)
Master developer: BUSINESS BAY (L.L.C) (DLD no. 898)
Escrow account with Emirates NBD · Zoned by Dubai Development Authority (DDA)
From the Land Department’s projects file published 15 June 2026. These are the register’s own entries, not a status we determined, and they change only when DLD republishes the file. An escrow account being recorded is not an assurance about the project.
Rents filed under Business Bay
Median annual rent of AED 90,000 across 14,397 tenancies registered in the community over the last 12 months.
This is the community’s figure, not this project’s. The Land Department names a community on far more tenancies than it names a project, so this is shown where the project’s own registered tenancies are too few to publish. Buildings within one community differ widely, so treat it as the surrounding level rather than what this address achieves.
Street View imagery near Peninsula One, via Google — the nearest public-road vantage point, not necessarily the building's own frontage.
Median per sqft
AED 2,494/sqft
3yr CAGR · resales
+17.1%
Resale record
13 months
Registered resales here span 13 months. The CAGR beside this is drawn from them; a figure for what they will do next is a scenario you set on the returns page.
Registered DLD sales · medians, not estimates · how we compute this
What would this size cost?
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually registered at in Peninsula One — not an asking price, and not this project’s overall median, which mixes every unit size together.
Price per sqft trend
What it returns
A year’s rent against what completed homes of that size actually sold for in Peninsula One over the same twelve months. Prices are this project’s own registered ready sales; off-plan sales are left out because rent is paid on built homes. Rents marked this building are registered new tenancies in Peninsula One itself; the rest are homes of the same size in Business Bay, used where Ejari did not name the building.
| Size | Costs now, ready | Rents for | Gross yield | Ready sales, 12m |
|---|---|---|---|---|
| Studio | AED 1.24M | AED 70,000/yrsame size in Business Bay | 5.7% | 22 |
| 1 bed | AED 1.77M | AED 95,000/yrsame size in Business Bay | 5.4% | 32 |
| 2 beds | AED 2.6M | AED 110,000/yrsame size in Business Bay | 4.2% | 23 |
Why this is lower than yields quoted elsewhere
The usual shortcut divides today’s rent by an average price — and in a market that has risen as far as Dubai’s, the average is a historical price. On that arithmetic a studio here reads 8.6% instead of 5.7%, because it prices the home at AED 816.55K — the median across every sale on record — rather than the AED 1.24M a completed one costs today. Every figure above uses the same twelve months, and completed homes only, on both sides.
What it returns after service charges
Starting from the middle filed owners-association budget in this area — AED 18/sqft across 38 buildings, most recently filed for 2023. Charges have risen since then, so replace it with your own invoice if you have one. How to check it.
| Size | Charge / year | Rent after it | Gross | Net |
|---|---|---|---|---|
| Studio | AED 7,337 | AED 62,663 | 5.7% | 5.1% |
| 1 bed | AED 11,426 | AED 83,575 | 5.4% | 4.7% |
| 2 beds | AED 17,058 | AED 92,942 | 4.2% | 3.6% |
Still not the final number: agency commission on re-letting, and any month the home sits empty, both come out of net rent too. This subtracts the service charge only, because it is the one cost that is the same every year whether or not the home is let.
Gross yield: rent before costs. Service charges, agency commission, and any month the home sits empty all come out of it — in Dubai the service charge alone is commonly a fifth to a third of the rent, so treat these as the ceiling rather than the return.
Common questions about Peninsula One
How much does a home in Peninsula One cost?
Over the last twelve months a completed studio in Peninsula One sold for a median AED 1.24M (22 ready sales), a 1-bedroom for AED 1.77M (32 ready sales), a 2-bedroom for AED 2.6M (23 ready sales). These are medians of sales actually registered with the Dubai Land Department, not asking prices. Completed homes only — off-plan registrations are left out, because they sell at a premium and are not the same purchase.
How much is rent in Peninsula One?
A studio rents for a median AED 70,000/yr (homes of about that size in Business Bay, 1,487 new tenancies), a 1-bedroom rents for a median AED 95,000/yr (homes of about that size in Business Bay, 1,415 new tenancies), a 2-bedroom rents for a median AED 110,000/yr (homes of about that size in Business Bay, 2,360 new tenancies). These are medians of new tenancy contracts registered with Ejari over the last twelve months — what tenants agreed to pay, not advertised asking rents. Ejari names the building on only about one contract in five, and on none that match Peninsula One, so every figure above is the rent for homes of that size in Business Bay — the area's rent, not this project's own.
What rental yield does Peninsula One give?
Gross yields on completed homes in Peninsula One run about 5.7% on a studio, 5.4% on a 1-bedroom, 4.2% on a 2-bedroom, dividing a year of registered rent by what completed homes of that size actually sold for over the same twelve months. Both halves cover the same period, which is why these read lower than yields quoted against an all-time average price. They are gross figures: service charges, agency commission and void periods are not deducted, and in Dubai the service charge alone commonly takes a fifth to a third of the rent.
Is Peninsula One selling off-plan or as resales?
0% of the 83 sales registered in Peninsula One in its most recent twelve months of trading were off-plan, and the rest were completed homes. That window ends at this project's own newest registered sale rather than today, so a development that finished selling years ago still reports the year it was actually trading.
When did Peninsula One start selling?
The Land Department's register holds 951 sales in Peninsula One, the earliest registered in 2022. That is when a sale here was first recorded, which is not the same as when the project launched or completed — the transaction register carries no build date, so we do not publish one.
Due diligence
Price vs. Business Bay median
+17.0%
Priced above the area's real median — ask why.
Developer track record
11,582 real transactions
7 completed · 10 off-plan/in progress
Full track record →Verify before you commit
Permit, title, broker license, escrow — the free official checks.
Verification guide →Handover competition
Moderate competitionWhen Peninsula One completed in April 2024, 6 other other projects in Business Bay were also completing within 6 months — a useful reference point for how crowded the handover window actually was. Separately, 146 more other projects in Business Bay are still in the pipeline overall.
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What's around this property
Transport, schools, healthcare, and daily essentials within 3 km.
Nearest metro
947 m
Business Bay
Nearest school
1.5 km
Al Manar Quran Study Centre
Nearest hospital
666 m
Nexx Home Healthcare Services
Nearest supermarket
125 m
Spinneys
Metro stations
- Business Bay947 m
- Burj Khalifa / Dubai Mall1.9 km
Schools
- Al Manar Quran Study Centre1.5 km
- Safa Private School1.5 km
- GEMS Our Indian School1.6 km
- JSS School1.6 km
Hospitals & clinics
- Nexx Home Healthcare Services666 m
- Mediclinic1.8 km
- Medcare Orthopaedics & Spine Hospital2.0 km
- MedCare Hospital2.4 km
Supermarkets
- Spinneys125 m
- Deli Plus Mini Mart195 m
- Spinneys470 m
- Wmart600 m
Bus stops
- The Binary Tower 2314 m
- The Binary Tower 1335 m
- Lillian Tower 2365 m
- Lillian Tower 1385 m
Pharmacies
- Life Pharmacy465 m
- Health First481 m
- Life Pharmacy534 m
- Life Pharmacy605 m
Malls
- Bay Avenue Mall674 m
- Al Wasl Centre1.3 km
- Al Faris Mall1.6 km
- Mazaya Shopping Centre1.6 km
Parks
- Action Hub249 m
- Action Hub405 m
- Bayside Park 1531 m
- Bay Avenue Park607 m
Mosques
- Masjid Al Ghafoor840 m
- Al Safa Mosque1.2 km
- Al Qasimi Mosque1.7 km
- Shaikha Abdulla Salem1.8 km
Straight-line distances — actual walking or driving routes will be longer. Measured from this project's own mapped location. Places data from OpenStreetMap.
Loading map…
Building in this project
Priced from each tower’s own registered sales, rather than the project median above.
Other projects in Business Bay
Buying in Peninsula One?
Everything above is free and stays free. What this page cannot tell you is what your unit is worth — the median here covers every size at once, and a two-bedroom can be 1,062 or 1,558 sqft. Our report matches comparable sales to one unit's size, and adds the three checks that need a person to open an official system on the day: the agent's licence, the project's escrow, and its registered status.
Get an independent reportFrom AED 1,500. Nothing is charged until you have a quote and accept it. See a sample