Peninsula Two

P2b — Under Construction Off-Plan Primary
Developer Select Group
Community Business Bay
Property type Apartment
Data updated Jan 22, 2026

Peninsula Two is a Under Construction development by Select Group in Business Bay. 438 units across Studio (43%), 1 Bedroom (36%), 2 Bedroom (21%). Over the trailing 12 months, 755 sales at a median of AED 1,562,500.

Key Metrics
Median Price
Value
AED 1,562,500
Change
15.7% YoY
Transactions
Value
755
Change
96 in period
Price / sqft
Value
AED 2,637
Handover Status
Value
P2b
Change
Under Construction
Median Price
AED 1,562,500
↑ 15.7% YoY
Transactions
755
↑ 96 in period
Price / sqft
AED 2,637
Handover
P2b
Under Construction
Investment Analytics
Capital Return
Value
2.8%
Community avg
Holding Period
Value
4.7 yrs
Community avg
Ready Market Mix
Value
6.3%
Community avg
Capital Return
2.8%
Community avg
Holding Period
4.7 yrs
Community avg
Ready Market Mix
6.3%
Community avg

Rental Performance

Unit Mix

By bedroom type
Studio 189 units · 43%
1 Bedroom 156 units · 36%
2 Bedroom 93 units · 21%

Transaction Breakdown

All time — 755 transactions
Off-Plan Primary
438
Off-Plan Secondary
317

Price History

Median Price — Peninsula Two

Median prices in Peninsula Two have risen sharply, up 73% from AED 1.2M to AED 2.0M over the past 10 months.

Recent Transactions

Showing last 10 of 755
Date Type Price (AED) Size (sqft) AED/sqft
Jan 22, 2026 OP Secondary 1,700,000 639 2,659
Jan 21, 2026 OP Secondary 2,350,000 947 2,479
Jan 08, 2026 OP Secondary 1,175,000 417 2,815
Jan 02, 2026 OP Secondary 2,450,000 949 2,581
Dec 23, 2025 OP Secondary 1,700,000 569 2,982
Dec 23, 2025 OP Secondary 2,570,000 903 2,843
Dec 22, 2025 OP Secondary 2,350,000 919 2,554
Dec 22, 2025 OP Secondary 1,120,000 408 2,743
Dec 17, 2025 OP Secondary 1,140,000 389 2,926
Dec 16, 2025 OP Secondary 1,200,000 408 2,939

This project is in Business Bay

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