Sara Al Mansouri

Meridian Properties

+971 50 123 4567

sara@meridianproperties.ae

BRN 34781

Building market report · Business Bay · August 2026

Peninsula Two

Source: Dubai Land Department open data · Sales through September 2, 2026 · Rents through August 21, 2026

Period covered: Sep 24 to Aug 26 · Ref AR-B985-202608

Key takeaways

  • Median price for apartments: AED 1,630,000 (AED 27,697 per sqm), down 2.6% year on year.
  • Per sqm, apartments here are 23% above the Business Bay average of AED 22,535 (sales-weighted across areas).
  • 9 sales recorded in August 2026, up 200% from a year earlier.
  • Studio apartments were the most traded size: median AED 1,182,500 across 8 sales in three months.
  • New rental contracts at a median AED 125,000 per year, an estimated 7.7% gross yield.

1.Apartments9 sales · August 2026

Small sample: medians for August 2026 are based on only 9 recorded sales and can swing month to month. Read the trend, not a single point.

2.By bedroomthree months to August 2026

TypeSalesMedian priceAED / sqmMedian rentContracts
Studio8AED 1,182,500AED 30,430
1 bedroom7AED 1,630,000AED 27,3901
2 bedrooms8AED 2,230,000AED 25,4481

Registered sales and new rental contracts pooled over three months; medians only. Bedroom counts with fewer than five records are not shown.