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Peninsula Three rent: what tenants really pay
Rent in Peninsula Three, Business Bay: Studio AED 75,000, 1-bed AED 100,000, 2-bed AED 165,000 a year. These are medians of 449 Ejari leases signed 16 Oct 2025–15 Oct 2026. Per sq ft, a 1-bed here is AED 151, against AED 115 across Business Bay. About 136 homes here are advertised for rent now.
Updated 21 Oct 2026 · Source: Dubai Land Department Ejari leases and listing-site adverts · Method
“Peninsula Three: 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 Three
- Per sq ft, a 1-bed here costs 31% more than the Business Bay median: AED 151 against AED 115. It is number 61 of 70 Business Bay buildings, cheapest first.
- Homes here are smaller than usual. The median 1-bed here is 676 sq ft. That is 16% below the Business Bay median of 808 sq ft.
- About 136 homes are advertised for rent against 449 leases signed in a year: a lot of choice, so there is room to negotiate.
- 1 leases end in the next 60 days, so more homes may become available soon.
Rent in Peninsula Three 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 | 75,000 | – | 80,000 | 425 | 175 | 114 |
| 1-bed | 100,000 | – | 119,000 | 676 | 151 | 269 |
| 2-bed | 165,000 | – | 180,000 | 946 | 168 | 66 |
Where Peninsula Three is, and the buildings around it
We do not hold the exact position of Peninsula Three 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
1 leases in Peninsula Three 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, 1-bed
| Building | New lease | Size sq ft | AED / sq ft | Leases |
|---|---|---|---|---|
| Urban Oasis | 100,000 | 745 | 138 | 89 |
| Sol Avenue | 100,000 | 861 | 112 | 101 |
| Prive By Damac | 101,000 | 955 | 121 | 114 |
| The Court | 98,925 | 863 | 114 | 25 |
| 15 Northside | 96,000 | 639 | 157 | 95 |
| Al Habtoor City | 105,000 | 872 | 118 | 228 |
| Damac Towers By Paramount | 95,000 | 944 | 102 | 252 |
| Nobles | 105,000 | 829 | 127 | 135 |
Buying in Business Bay? Sale prices, every tower, resale and off-plan: Business Bay on BUY DUBAI →
Questions
How much is rent in Peninsula Three?
Rent in Peninsula Three, Business Bay: Studio AED 75,000, 1-bed AED 100,000, 2-bed AED 165,000 a year. These are medians of 449 Ejari leases signed 16 Oct 2025–15 Oct 2026. Per sq ft, a 1-bed here is AED 151, against AED 115 across Business Bay. About 136 homes here are advertised for rent now.
How much is a studio in Peninsula Three?
The median rent for a new Studio lease in Peninsula Three is AED 75,000 a year (AED 6,250 a month). The median size is 425 sq ft. This is from 114 new leases, 16 Oct 2025–15 Oct 2026.
How much is a 1 bedroom in Peninsula Three?
The median rent for a new 1-bed lease in Peninsula Three is AED 100,000 a year (AED 8,333 a month). The median size is 676 sq ft. This is from 266 new leases, 16 Oct 2025–15 Oct 2026.
How much is a 2 bedroom in Peninsula Three?
The median rent for a new 2-bed lease in Peninsula Three is AED 165,000 a year (AED 13,750 a month). The median size is 946 sq ft. This is from 64 new leases, 16 Oct 2025–15 Oct 2026.
What are the alternatives to Peninsula Three in Business Bay?
Similar rent for a 1-bed: Urban Oasis AED 100,000, Sol Avenue AED 100,000, Prive By Damac AED 101,000, The Court AED 98,925.
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 Three". 449 leases 16 Oct 2025–15 Oct 2026, 444 new. First leases in our records: 2026. 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.