Peninsula Two — sale prices & transaction history
The Land Department sale record for Peninsula Two in Business Bay — a tower whose resale market has only just begun, by bedroom count, most recent four months first.
Last verified 2026-09-16 · How we compute these numbers
- Recorded transactions
- 777
- Register
- Entirely off-plan
- First registration
- 27 January 2022
- Most recent
- 27 August 2026
Median across 25 off-plan registrations, 8 May 2026 to 8 September 2026. Median price AED 1,625,000.
Dubai Land Department transaction register, records through 8 September 2026. Recomputed on every page load.
Peninsula Two is one of several separately registered Peninsula towers in the same part of Business Bay. A price quoted for "Peninsula" without a number could belong to any of them; this page is the second tower alone.
Its register is almost entirely launch. Nearly every transaction recorded here is a contract registered before the tower was finished, and the register-mix line on this page will say so. What changes the reading is where the recent sales sit: practically all of the building's resales are concentrated in the most recent months, which means this page is watching a secondary market form rather than describing an established one.
That makes the four-month figure the most important number on the page and the long-run figures the least. A median across the whole register is, in effect, the developer's launch price list. The recent resales are the first real evidence of what owners in this building can achieve.
The building is three products: studios, one-bedrooms and two-bedrooms, each a deep enough tier to price on its own. The rate per square foot steps down from studio to one-bedroom to two-bedroom, the ordinary Dubai pattern.
Peninsula Two sale prices by bedroom
Median recorded prices for Peninsula Two by bedroom count. Each row is priced on the last 4 months wherever that period holds enough sales, and steps back only as far as it has to — 12 months, then 3 years, then the whole record. The period each row actually covers is named beside it, with the number of sales behind it, so you can see exactly how thin or deep the figure you are reading is. Every row also shows what has traded in the last 4 months, including when that is nothing — set against the full record of 777 off-plan registrations. These are the prices contracts were actually registered at — not asking prices, and not a district average.
| Bedrooms | Saleslast 4 months / all time | Priced on | Median size | Median price | Median AED / sqft |
|---|---|---|---|---|---|
| Studio | 10 / 348 | last 4 months10 sales | 414 sqft | AED 1,225,000 | 2,872 |
| 1 bedroom | 7 / 261 | last 4 months7 sales | 630 sqft | AED 1,630,000 | 2,544 |
| 2 bedrooms | 8 / 168 | last 4 months8 sales | 934 sqft | AED 2,230,000 | 2,365 |
A bedroom type with fewer than five recorded transactions keeps its count and loses its median: below that sample a middle value is arithmetic, not a market rate. A median taken across the whole register mixes prices from every year the building has traded, so each row above is priced on the most recent period that clears that threshold. Rows can sum to less than the building total — very large units are held out of the table for the same reason.
Most recent Peninsula Two transactions
The newest individual off-plan registrations on the register, exactly as recorded. A median is a claim we vouch for; these are facts you can check against the Land Department yourself.
| Date | Type | Size | Price | AED / sqft |
|---|---|---|---|---|
| 27 August 2026 | 2 bed | 911 sqft | AED 2,500,000 | 2,744 |
| 25 August 2026 | 1 bed | 637 sqft | AED 1,660,000 | 2,606 |
| 24 August 2026 | 2 bed | 943 sqft | AED 2,210,000 | 2,344 |
| 20 August 2026 | 1 bed | 630 sqft | AED 1,630,000 | 2,587 |
| 19 August 2026 | 1 bed | 618 sqft | AED 1,390,000 | 2,249 |
| 17 August 2026 | Studio | 442 sqft | AED 1,250,000 | 2,828 |
| 11 August 2026 | 2 bed | 918 sqft | AED 2,050,000 | 2,233 |
| 11 August 2026 | Studio | 408 sqft | AED 1,050,000 | 2,574 |
Why below-market resale shows up in Peninsula Two
- Handover. Completion turns off-plan contracts into apartments with completion payments and mortgages attached, and a buyer whose plan no longer works sells at the first opportunity.
- Launch investors exiting. Units bought at launch purely to resell come to market as soon as the tower completes, all at once, and the most motivated of them set the floor.
- Sister towers completing alongside. Several near-identical buildings reaching the market together means a seller who needs to move quickly competes against far more comparable stock than usual.
- An untested rental market. Until a building has a rental track record, an investor who needs the income cannot be sure of it, and some would rather sell than wait.
Distressed listings in Peninsula Two
See all in Business Bay →No active distressed listings in Peninsula Two right now. The register above is unaffected — it is the Land Department's record for the whole building, not our inventory.
Browse everything in Business Bay →What to check before you offer on Peninsula Two
- Use the four-month figure and the list of recent transactions as your evidence. On a register this dominated by launch contracts, the long-run medians describe the developer's price list, not a resale market.
- Confirm the tower number, and compare like for like on floor area. The Peninsula towers share a design language and very similar unit sizes, which makes it easy to borrow a figure from the wrong building without noticing.
- Ask for the current service charge per square foot and the last two years of it. In Dubai it is set per building and reviewed annually, and a rise of a dirham or two per square foot moves a mid-size flat's running cost by thousands a year.
- Ask which register the unit sits on. A completed home changes hands on the secondary register at the Land Department; a pre-handover unit is an assignment of the original sale contract, needs the developer's no-objection certificate, and carries whatever is left of the payment plan.
Peninsula Two — common questions
- Why is almost the whole register off-plan when the recent sales are resales?
- Because the tower has only recently completed. For most of its history every transaction was a contract on an unbuilt unit; the resales began at handover and are concentrated in the most recent months. The page leads on those months for exactly that reason.
- Is this the same register as Peninsula One, Three or Four?
- No. Each Peninsula tower is registered separately with the Land Department. This page covers Peninsula Two only.
- Is the price data on this page asking prices or actual sales?
- Recorded transactions. Every figure comes from the Dubai Land Department register — contracts registered off-plan and completed units changing hands — never an asking price.
- Can I tell from this data whether a unit is selling below its original price?
- No. The Land Department records a developer's first sale and a pre-handover resale under the same code, and the export carries no unit identifier, so an original price cannot be traced to a later sale of the same apartment.
- How current is this register?
- The page states the date of the most recent recorded sale it holds and recomputes every figure on load. Records arrive in batches, so the newest few days are typically not yet included.
Keep going
- Distressed property in Business Bay — the district this building sits in, with its own Land Department price table and the communities around it.
- Other Business Bay buildings we hold registers for: Mama Shelter Residences, Churchill Tower (Residential), Aykon City Tower C, Peninsula Four, Regalia, Al Habtoor Tower, The Edge, Tamani Arts Office, Churchill Tower (Commercial), Burlington Tower, Citadel Tower, The Binary by Omniyat, Peninsula One, Peninsula Three, Noura Tower, Prive by DAMAC Tower A, Prive by DAMAC Tower B.