Peninsula Two
بينينسولا توSelect Global Development L.L.C · Home sales since 2022 · mostly off-plan in the 12 months to 6 Oct 2026
Dubai Land Department data shows the typical sale price (the median, ready and off-plan homes together) in Peninsula Two was AED 2,562/sqft in Sep 2026, from 7 home sales recorded.
Not recorded as finished
Check this project before you pay
Sent a brochure for Peninsula Two? This is what the Dubai Land Department’s records say, what other buyers paid, and what the records cannot tell you.
Is it on the Land Department’s project register?
Yes. This is what the Land Department’s projects file, dated 15 June 2026, says:
- Status:
- active per the Land Department · 96% complete
- Target completion:
- September 2024, which has passed
- Escrow account:
- with Emirates NBD
- Developer:
- Select Global Development L.L.C (developer no. 972)
These are the file’s own entries as of that date, not today’s. A target date is not a promise, and an escrow account on the record is not an assurance about the project. The full record, with the developer’s licence entry, is in the card below.
Dubai Land Department · project register The Land Department's project register · the status as the developer recorded it. File dated 15 Jun 2026 · synced 26 Sep 2026. The file date is the date carried on the rows themselves; the sync is when Keyva last loaded that file.
What have buyers paid here?
Studio · 51 off-plan sales in the 12 months to 23 January 2026
The middle price was AED 1,125,000: 24 of these 51 buyers paid less, 25 paid more, 2 paid exactly that. 27 of the 51 paid between AED 1,080,000 and AED 1,175,000.
Per sqft: 27 of the 51 paid between AED 2,645/sqft and AED 2,916/sqft.
1-bed · 39 off-plan sales in the 12 months to 23 January 2026
The middle price was AED 1,600,000: 17 of these 39 buyers paid less, 17 paid more, 5 paid exactly that. 21 of the 39 paid between AED 1,540,000 and AED 1,680,000.
Per sqft: 21 of the 39 paid between AED 2,423/sqft and AED 2,642/sqft.
2-bed · 29 off-plan sales in the 12 months to 23 January 2026
The middle price was AED 2,340,000: 14 of these 29 buyers paid less, 14 paid more, 1 paid exactly that. 18 of the 29 paid between AED 2,250,000 and AED 2,400,000.
Per sqft: 15 of the 29 paid between AED 2,431/sqft and AED 2,581/sqft.
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35 sales of finished homes are also recorded in this project. They are not in the figures above, which are off-plan sales only.
Dubai Land Department · recorded sales Off-plan sales of homes in this project, on record with the Land Department · sales of finished homes are not mixed in, and apartments are not mixed with villas. A home size is shown only with 8 or more sales behind it. File dated 8 Oct 2026 · synced 8 Oct 2026.
And in Business Bay?
- Off-plan homes:
- AED 2,475/sqft typical price · Sep 2026 · 115 home sales
- Finished homes:
- AED 1,754/sqft typical price · Sep 2026 · 206 home sales
Each line is the last full month with 5 or more sales, so a month that has only just begun is not shown. Two different purchases, so they are shown apart and never mixed. Each line counts homes of every size in the area, this project’s included, so read it as a backdrop and not as a price for one home.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
What has the developer done before?
Select Global Development L.L.C: 7 completed projects and 10 off-plan or in progress, by Keyva’s count from 11,651 recorded sales, Jun 2006 to 7 Oct 2026.
Counts, not a rating. Keyva does not rank developers. See every project →
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
What the records cannot tell you
- Whether the building will be finished on the date you were given.
- Whether the price is fair for the exact home you were offered. The sales above are what others paid.
- What the home will rent for, or what its yearly service charge will be, once it is built.
- Whether the person selling to you is a licensed broker. That one you can check yourself, free.
Check the broker’s licence →The free checks you can run yourself →
The Land Department’s record
active per the Land Department · 96% complete · buildings · 462 units · 1 building · DLD target completion September 2024
Registered developer: Select Global Development L.L.C (DLD no. 972)
Master developer: BUSINESS BAY (L.L.C) (DLD no. 898)
Developer no. 972 · licence 695299 (DED) · period 17 Sep 2013 to 16 Sep 2027 · in DLD's file dated 1 Oct 2026.
Dubai Land Department · developer register The Land Department's developer register. File dated 1 Oct 2026 · synced 3 Oct 2026.
Escrow account with Emirates NBD · Zoned by Dubai Development Authority (DDA)
From the Land Department’s projects file, file dated 15 June 2026.
Rents recorded under Business Bay
Typical yearly rent of AED 89,000 across 15,225 tenancies recorded in the community over the last 12 months.
This is the community’s figure, not this project’s.
Dubai Land Department · rent contracts Ejari (Dubai's rent registration system) contracts · agreed rents, not advertised ones. File dated 10 Oct 2026 · synced 11 Oct 2026.
Street View imagery near Peninsula Two, via Google — the nearest public-road vantage point, not necessarily the building's own frontage.
AED 2,562/sqft
Sep 2026 · 7 home sales
—
No two months with 5+ resales 3 or more years apart.
6 months
Recorded home resales here fall in 6 months, May 2026 to Oct 2026. The growth beside this is drawn from the months with 5 or more of them; a figure for what they will do next is a scenario you set on the returns page.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
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 sold for in Peninsula Two — not an asking price, and not this project’s overall typical price, which mixes every size together.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Price per sqft trend
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
What it returns
A year of rent compared with what completed homes of that size actually sold for in Peninsula Two over the same twelve months. Prices are this project’s own recorded ready-home sales. Off-plan sales are left out because rent is paid on built homes. Rents marked this building are new rent contracts recorded in Peninsula Two itself. The rest are homes of the same size in Business Bay, used where Ejari did not name the building.
| Size | Price now, ready homes | Rents for | Yield before costs | Ready sales, 12 months |
|---|---|---|---|---|
| Studio | AED 1.18M | AED 65,000/yrthis building · 40 new lets | 5.5% | 12 |
| 1 bed | AED 1.64M | AED 95,500/yrthis building · 50 new lets | 5.8% | 12 |
| 2 beds | AED 2.23M | AED 140,189/yrthis building · 16 new lets | 6.3% | 11 |
Why this is lower than yields quoted elsewhere
The usual shortcut divides today’s rent by an average price. In a market that has risen as far as Dubai’s, the average is a historical price. Worked out with the typical price across every sale on record (AED 813.9K), a studio here reads 8.0% instead of 5.5%. The yield in the table above uses the AED 1.18M 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 typical owners’ association budget in this area — AED 18/sqft across 41 projects, recorded for 2019–2026 (16 for 2026). 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 | Yield before costs | Yield after service charge |
|---|---|---|---|---|
| Studio | AED 7,512 | AED 57,488 | 5.5% | 4.9% |
| 1 bed | AED 11,691 | AED 83,809 | 5.8% | 5.1% |
| 2 beds | AED 16,827 | AED 123,362 | 6.3% | 5.5% |
Only the service charge is taken off.
A separate reserve-fund line appears in 39 of the 41 project budgets counted together here; the middle of those is AED 1.1/sqft.
Yield before costs: a year of rent as a share of the price.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Dubai Land Department · rent contracts Ejari (Dubai's rent registration system) contracts · agreed rents, not advertised ones. File dated 10 Oct 2026 · synced 11 Oct 2026.
Dubai Land Department · association budgets Owners' association budgets, as recorded · a budget figure, not a price. File dated 22 Sep 2026 · synced 24 Sep 2026.
Common questions about Peninsula Two
How much does a home in Peninsula Two cost?
Over the last twelve months, the typical price (the median: half sold for more than this, half for less) of a completed home in Peninsula Two was AED 1.18M for a studio (12 ready sales), AED 1.64M for a 1-bedroom (12 ready sales) and AED 2.23M for a 2-bedroom (11 ready sales). These come from sales recorded by the Dubai Land Department. They are what buyers paid, not asking prices. Only completed homes are counted: off-plan sales are left out, because they sell at a premium and are not the same purchase.
How much is rent in Peninsula Two?
The typical rent (the median: half of the rent contracts were above this, half below) in Peninsula Two is AED 65,000/yr for a studio (40 new tenancies recorded in Peninsula Two itself), AED 95,500/yr for a 1-bedroom (50 new tenancies recorded in Peninsula Two itself) and AED 140,189/yr for a 2-bedroom (16 new tenancies recorded in Peninsula Two itself). These rents come from the new rent contracts recorded in Ejari (Dubai's rent registration system) over the last twelve months. They are what tenants agreed to pay, not advertised asking rents. Ejari names the building on these contracts, so every figure above is a tenancy recorded in Peninsula Two itself.
What rental yield does Peninsula Two give?
The yield before costs on completed homes in Peninsula Two is about 5.5% on a studio, 5.8% on a 1-bedroom and 6.3% on a 2-bedroom. That is a year of rent divided by what completed homes of that size sold for over the same twelve months. Rent and price both come from the same period, which is why these read lower than yields quoted against an all-time average price. Service charges, agency commission and empty periods are not taken off, and in Dubai the service charge alone commonly takes a fifth to a third of the rent.
Is Peninsula Two selling off-plan or as resales?
56% of the 80 home sales recorded in Peninsula Two in the 12 months to 6 Oct 2026 were off-plan, and the rest were recorded as existing property rather than off-plan. That period ends at this project's own newest recorded home sale rather than today, so a development that finished selling years ago still reports the year it was actually trading.
When did Peninsula Two start selling?
The Land Department's register holds 790 home sales in Peninsula Two. The earliest was recorded in Jan 2022 and the newest in Oct 2026. That is when a home sale here was first recorded. It is not the same as when the project launched or completed: the register of sales carries no build date, so we do not publish one.
Due diligence
Price vs. Business Bay typical price
+24.6%
Priced above the area's typical price — ask why. Sep 2026: 7 sales here against 321 in the area.
Developer track record
11,651 recorded sales
Matched to Select Global Development L.L.C, across the 2 companies Keyva groups under that name, Jun 2006 to 7 Oct 2026.
7 completed · 10 off-plan/in progress
Full track record →Verify before you commit
Permit, title, broker license, escrow — the free checks you can run yourself.
Verification guide →Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Dubai Land Department · project register The Land Department's project register · the status as the developer recorded it. File dated 15 Jun 2026 · synced 26 Sep 2026. The file date is the date carried on the rows themselves; the sync is when Keyva last loaded that file.
Dubai Land Department · developer register The Land Department's developer register. File dated 1 Oct 2026 · synced 3 Oct 2026.
Handover competition
High competitionThe handover date recorded with the Land Department, September 2024, has passed, and the Land Department's projects file does not record the project as complete. 7 other projects in Business Bay have a handover date on record within six months either side of it. The Land Department's projects file of 15 Jun 2026 lists 48 other projects in Business Bay as not yet finished, including 1 of the 7 listed below.
Peninsula One
Select Global Development L.L.C
Terraces Marasi Drive
KEY MAVENS FOR REAL ESTATE DEVELOPMENT L.L.C
Trillionaire Residences By Binghatti
Binghatti Developers Fze
Nobles
Tiger Properties
Peninsula Five
Select Global Development L.L.C
The Paragon By Igo
IGO REAL ESTATE DEVELOPMENT - FZ
Regalia
Deyaar Development (P.J.S.C)
Dubai Land Department · project register The Land Department's project register · the status as the developer recorded it. File dated 15 Jun 2026 · synced 26 Sep 2026. The file date is the date carried on the rows themselves; the sync is when Keyva last loaded that file.
What's around this property
Transport, schools, healthcare, and daily essentials within 3 km.
877 m
Business Bay
1.6 km
JSS School
701 m
Nexx Home Healthcare Services
78 m
Spinneys
Metro stations
- Business Bay877 m
- Burj Khalifa / Dubai Mall1.8 km
- Financial Centre2.9 km
Schools
- JSS School1.6 km
- Al Manar Quran Study Centre1.6 km
- Safa Private School1.6 km
- Al Safa High School1.7 km
Hospitals & clinics
- Nexx Home Healthcare Services701 m
- Mediclinic1.7 km
- Medcare Orthopaedics & Spine Hospital2.1 km
- MedCare Hospital2.4 km
Supermarkets
- Spinneys78 m
- Deli Plus Mini Mart275 m
- Spinneys380 m
- Wmart563 m
Bus stops
- The Binary Tower 2202 m
- The Binary Tower 1225 m
- Lillian Tower 1349 m
- Clover Bay Tower 2359 m
Pharmacies
- Life Pharmacy377 m
- Health First390 m
- Life Pharmacy434 m
- Life Pharmacy495 m
Malls
- Bay Avenue Mall567 m
- Al Wasl Centre1.2 km
- Mazaya Shopping Centre1.5 km
- Business Time Centre1.6 km
Parks
- Action Hub136 m
- Action Hub295 m
- Bay Avenue Park494 m
- Bayside Park 1525 m
Mosques
- Masjid Al Ghafoor766 m
- Al Safa Mosque1.1 km
- Al Qasimi Mosque1.6 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.
Building in this project
Priced from each tower’s own recorded sales, rather than the project’s typical price above.
Dubai Land Department · building register The Land Department's building register. File dated 5 Oct 2026 · synced 5 Oct 2026.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Other projects in Business Bay
Each price is the project’s newest month with 5 or more recorded home sales, from Oct 2025 to 7 Oct 2026. Priced projects first, then the most home sales from Nov 2025 to 7 Oct 2026, then A–Z. Where a project has no month with that many, its newest month with any sale is shown instead, with a red (i) and its count.
Binghatti
1–7 Oct 2026 · 11 home sales
Deyaar Development (P.J.S.C)
Sep 2026 · 7 home sales
Binghatti
Sep 2026 · 8 home sales
Select Global Development L.L.C
Sep 2026 · 27 home sales
Binghatti
1–7 Oct 2026 · 5 home sales
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Seen a listing for this?
Put the asking price beside what comparable homes actually sold for, and check the agent against the Land Department’s register of licensed brokers. Free, no sign-in.
Buying in Peninsula Two?
Everything above is free and stays free. What this page cannot tell you is what your unit is worth — the typical price 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 look things up in the Land Department's own systems on the day: the agent's licence, the project's escrow, and its registered status.