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Peninsula Two rent: what tenants really pay
Rent in Peninsula Two, Business Bay: Studio AED 65,000, 1-bed AED 95,000, 2-bed AED 140,000 a year. These are medians of 123 Ejari leases signed 16 Oct 2025–15 Oct 2026. Per sq ft, a 1-bed here is AED 149, against AED 115 across Business Bay. About 150 homes here are advertised for rent now.
Updated 21 Oct 2026 · Source: Dubai Land Department Ejari leases and listing-site adverts · Method
“Peninsula Two: 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 Two
- Per sq ft, a 1-bed here costs 30% more than the Business Bay median: AED 149 against AED 115. It is number 59 of 70 Business Bay buildings, cheapest first.
- Homes here are smaller than usual. The median 1-bed here is 664 sq ft. That is 18% below the Business Bay median of 808 sq ft.
- About 150 homes are advertised for rent against 123 leases signed in a year: a lot of choice, so there is room to negotiate.
Rent in Peninsula Two 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 | 65,000 | – | 70,000 | 408 | 154 | 46 |
| 1-bed | 95,000 | – | 109,000 | 664 | 149 | 59 |
| 2-bed | 140,000 | – | 150,000 | 919 | 154 | 18 |
Where Peninsula Two is, and the buildings around it
We do not hold the exact position of Peninsula Two 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.
Compare: other Business Bay buildings, 1-bed
| Building | New lease | Size sq ft | AED / sq ft | Leases |
|---|---|---|---|---|
| Damac Towers By Paramount | 95,000 | 944 | 102 | 252 |
| The Paragon By Igo | 95,000 | 675 | 129 | 127 |
| Sol Bay | 95,000 | 858 | 102 | 90 |
| Luxury Family Residence II | 95,000 | 627 | 152 | 61 |
| Royal Regency | 95,000 | 970 | 103 | 57 |
| 15 Northside | 96,000 | 639 | 157 | 95 |
| The Atria | 93,000 | 892 | 104 | 53 |
| Mag 318 | 92,500 | 872 | 122 | 45 |
Buying in Business Bay? Sale prices, every tower, resale and off-plan: Business Bay on BUY DUBAI →
Questions
How much is rent in Peninsula Two?
Rent in Peninsula Two, Business Bay: Studio AED 65,000, 1-bed AED 95,000, 2-bed AED 140,000 a year. These are medians of 123 Ejari leases signed 16 Oct 2025–15 Oct 2026. Per sq ft, a 1-bed here is AED 149, against AED 115 across Business Bay. About 150 homes here are advertised for rent now.
How much is a studio in Peninsula Two?
The median rent for a new Studio lease in Peninsula Two is AED 65,000 a year (AED 5,417 a month). The median size is 408 sq ft. This is from 46 new leases, 16 Oct 2025–15 Oct 2026.
How much is a 1 bedroom in Peninsula Two?
The median rent for a new 1-bed lease in Peninsula Two is AED 95,000 a year (AED 7,917 a month). The median size is 664 sq ft. This is from 59 new leases, 16 Oct 2025–15 Oct 2026.
How much is a 2 bedroom in Peninsula Two?
The median rent for a new 2-bed lease in Peninsula Two is AED 140,000 a year (AED 11,667 a month). The median size is 919 sq ft. This is from 18 new leases, 16 Oct 2025–15 Oct 2026.
What are the alternatives to Peninsula Two in Business Bay?
Similar rent for a 1-bed: Damac Towers By Paramount AED 95,000, The Paragon By Igo AED 95,000, Sol Bay AED 95,000, Luxury Family Residence II AED 95,000.
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 Two". 123 leases 16 Oct 2025–15 Oct 2026, 123 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.