Peninsula Two
Select Group · Business Bay · 462 homes · Completed
A completed Select Group project in Business Bay: 462 homes, handed over in May 2026, seven quarters after the Q3 2024 date on the register. Registered off-plan sales from Jul 2025 to Jun 2026 had a median of AED 2,588 per sqft, 41% above the launch quarter.
Updated 27 Oct 2026Prices. Quarter by quarter since launch.
Every quarter as a table
| Quarter | Median AED/sqft | Sales |
|---|---|---|
| Q1 2022 | 1,829 | 129 |
| Q2 2022 | 1,796 | 256 |
| Q3 2022 | 1,819 | 48 |
| Q4 2022 | 2,164 | 11 |
| Q1 2023 | 1,955 | 17 |
| Q2 2023 | 2,230 | 16 |
| Q3 2023 | 2,194 | 14 |
| Q4 2023 | 2,225 | 19 |
| Q1 2024 | 2,210 | 31 |
| Q2 2024 | 2,388 | 51 |
| Q4 2024 | 2,496 | 33 |
| Q1 2025 | 2,576 | 20 |
| Q2 2025 | 2,725 | 37 |
| Q3 2025 | 2,563 | 19 |
| Q4 2025 | 2,610 | 42 |
| Q3 2026 | 2,562 | 25 |
Median AED per sqft of registered sales, off-plan and ready, through Q3 2026. Quarters with fewer than 10 sales are left out. The launch quarter is the first quarter with 10 or more sales.
Promised vs delivered. Launch to today.
In line with the Business Bay median.
The promised date is the completion date declared on the Dubai Land Department register. A handover is dated by the first ready-market sale on the register, which trails the keys. The launch price is the launch quarter’s median of registered sales, not a brochure. Area medians are every registered home sale in the area, Jul 2025 to Jun 2026.
Questions.
When was Peninsula Two handed over?
In May 2026, when the first ready-market sale was registered. The register declared completion for Q3 2024, so it handed over seven quarters late.
What do homes in Peninsula Two sell for?
From Jul 2025 to Jun 2026, 72 homes sold on the register at a median of AED 2,588 per sqft and AED 1.6M per home. By unit type: Studio AED 1.14M (26 sales), 1 BR AED 1.64M (27 sales), 2 BR AED 2.35M (19 sales). These are registered deeds, not the developer's price list.
Who built Peninsula Two?
Select Group. The project is registered to Select Group on the Dubai Land Department register, which lists 24 projects for the developer in Dubai, 5 of them under construction. 6 of its 15 dated handovers came within 3 months of the promised date.
How many homes are in Peninsula Two?
462, as counted on the Dubai Land Department register. The declared mix: 189 studios, 157 1 BR, 93 2 BR.
