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Peninsula One rent: what tenants really pay
Rent in Peninsula One, Business Bay: Studio AED 80,000, 1-bed AED 120,000, 2-bed AED 175,000 a year. These are medians of 336 Ejari leases signed 16 Oct 2025–15 Oct 2026. Per sq ft, a Studio here is AED 198, against AED 136 across Business Bay. About 105 homes here are advertised for rent now.
Updated 21 Oct 2026 · Source: Dubai Land Department Ejari leases and listing-site adverts · Method
“Peninsula One: you pay a premium per sq ft here, so check the view and the unit before you sign. Lots of homes are on the market; offer at the signed figure, not the advert. Ask the agent what the last tenant signed, then use the table below.”
Know the rent before you sign
What tenants in this building really paid, what landlords ask, and how hard to push.
What the leases say about Peninsula One
- Per sq ft, a Studio here costs 46% more than the Business Bay median: AED 198 against AED 136. It is number 47 of 47 Business Bay buildings, cheapest first.
- Homes here are smaller than usual. The median Studio here is 407 sq ft. That is 11% below the Business Bay median of 459 sq ft.
- About 105 homes are advertised for rent against 336 leases signed in a year: a lot of choice, so there is room to negotiate.
- 95 leases end in the next 60 days, so more homes may become available soon.
Rent in Peninsula One by bedrooms
AED a year, medians. Signed: Ejari leases 16 Oct 2025–15 Oct 2026. Asking: adverts on 16 Oct 2026, matched by building name.
| Home | New lease | Renewal | Asking | Size sq ft | AED / sq ft | Leases |
|---|---|---|---|---|---|---|
| Studio | 80,000 | – | 78,500 | 407 | 198 | 120 |
| 1-bed | 120,000 | – | 125,000 | 638 | 185 | 118 |
| 2-bed | 175,000 | – | 170,000 | 948 | 167 | 91 |
Where Peninsula One is, and the buildings around it
We do not hold the exact position of Peninsula One yet; the map shows Business Bay.
Click a building to see its rents. Rents shown are median new leases, 16 Oct 2025–15 Oct 2026.
Supply
95 leases in Peninsula One end in the next 60 days.
Leases ending soon: homes that may become available
Some will renew, some will come back to the market. More homes free means more room to negotiate. Ask agents about units with a lease ending soon.
Compare: other Business Bay buildings, Studio
| Building | New lease | Size sq ft | AED / sq ft | Leases |
|---|---|---|---|---|
| Peninsula Four | 81,000 | 502 | 163 | 28 |
| Upside Living | 78,000 | 472 | 188 | 280 |
| Ahad Residences | 78,000 | 455 | 179 | 41 |
| Bay Square | 77,000 | 664 | 115 | 94 |
| Peninsula Three | 75,000 | 425 | 175 | 114 |
| Marquise Square Tower | 75,000 | 569 | 132 | 140 |
| Peninsula Five | 85,000 | 529 | 165 | 55 |
| Binghatti Canal | 75,000 | 452 | 167 | 44 |
Buying in Business Bay? Sale prices, every tower, resale and off-plan: Business Bay on BUY DUBAI →
Questions
How much is rent in Peninsula One?
Rent in Peninsula One, Business Bay: Studio AED 80,000, 1-bed AED 120,000, 2-bed AED 175,000 a year. These are medians of 336 Ejari leases signed 16 Oct 2025–15 Oct 2026. Per sq ft, a Studio here is AED 198, against AED 136 across Business Bay. About 105 homes here are advertised for rent now.
How much is a studio in Peninsula One?
The median rent for a new Studio lease in Peninsula One is AED 80,000 a year (AED 6,667 a month). The median size is 407 sq ft. This is from 116 new leases, 16 Oct 2025–15 Oct 2026.
How much is a 1 bedroom in Peninsula One?
The median rent for a new 1-bed lease in Peninsula One is AED 120,000 a year (AED 10,000 a month). The median size is 638 sq ft. This is from 117 new leases, 16 Oct 2025–15 Oct 2026.
How much is a 2 bedroom in Peninsula One?
The median rent for a new 2-bed lease in Peninsula One is AED 175,000 a year (AED 14,583 a month). The median size is 948 sq ft. This is from 89 new leases, 16 Oct 2025–15 Oct 2026.
What are the alternatives to Peninsula One in Business Bay?
Similar rent for a Studio: Peninsula Four AED 81,000, Upside Living AED 78,000, Ahad Residences AED 78,000, Bay Square AED 77,000.
How we worked it out, and the limits
Updated 21 Oct 2026. Source: Dubai Land Department Ejari rent contracts. We use homes only, one unit for each contract, starting 16 Oct 2025–15 Oct 2026. "New" is a new tenant or a new contract. "Renewal" is the same contract, renewed. Bedrooms come from the Ejari unit type. "3 bed" means 3 or more. Every rent is a median: half the leases are above it. A figure needs 10 or more leases. A page needs 30 or more.
This building. Leases are matched by the Ejari project name "Peninsula One". 336 leases 16 Oct 2025–15 Oct 2026, 329 new. First leases in our records: 2025. Adverts are matched by name and may include a neighbouring building.
Full method: What the leases say → · Checking a rent rise? Rent increase calculator →
Sale prices, resale and off-plan, tower facts and developer photos: BUY DUBAI, our sister site for buyers. Rents: Dubai Land Department Ejari leases.