Peninsula One
by East & West Properties · 📍 Business Bay
Peninsula One is a project by East & West Properties in Business Bay, Dubai. It offers Studio, 1 Bedroom, 2 Bedroom and 3 Bedroom. The Dubai Land Department project register lists completion for April 2024. It was 100% built at the official RERA site inspection of 6 August 2025.
Floor plans
Layouts by unit type — tap any plan to view it full size.
About the project
Tower within the Peninsula waterfront master development along the Dubai Canal in Business Bay (master plan ~3.4M sq ft, 6 towers, 2,200+ units sold). Phase 1 sold out within weeks; Phase 2 90% sold. Pricing quoted at AED 1,800-3,900 per sqft (not unit totals).
Construction progress
Finished100% complete at the latest RERA site inspection on 6 Aug 2025; completed 1 Apr 2024.
| Inspection | Complete | Photos |
|---|---|---|
| 6 Aug 2025 | 100% | 11 |
| 21 Feb 2025 | 97.02% | 6 |
| 18 Oct 2024 | 83.09% | 6 |
| 9 Jul 2024 | 79.04% | 11 |
| 15 Mar 2024 | 65.78% | 7 |
| 26 Sept 2023 | 41.02% | 16 |
| 6 Jun 2022 | 5.32% | 6 |
Official RERA site-inspection records for registered project #2284, updated daily. Tap a photo for the full-size original.
Amenities
How it compares in Business Bay
50 other off-plan projects in Business Bay · average entry price AED 1.49M
Peninsula One: questions and answers
When is the handover of Peninsula One?
The Dubai Land Department project register lists the completion date of Peninsula One as April 2024.
How much of Peninsula One is built?
Peninsula One was 100% complete at the official RERA site inspection of 6 August 2025.
Is Peninsula One registered with the Dubai Land Department?
Yes. Peninsula One is registered with the Dubai Land Department as project number 2284, and its escrow account is held at Emirates Nbd Bank (P.J.S.C). By law, buyers' payments for an off-plan home in Dubai go into the project's escrow account.
Who is the developer of Peninsula One?
Peninsula One is developed by East & West Properties. The Dubai Land Department project register lists 5 projects for East & West Properties: 3 delivered and 2 under construction.
Where is Peninsula One located?
Peninsula One is in Business Bay (Peninsula), Dubai.
What unit types does Peninsula One offer?
Peninsula One offers Studio, 1 Bedroom, 2 Bedroom and 3 Bedroom. The project has 525 units in the Dubai Land Department project register.
What is the average price per sqft in Business Bay?
Apartments in Business Bay sell for about AED 1,702/sqft (AED 18,324/m²), based on 16,885 registered sales since 2023.
What rental yield can I expect in Business Bay?
Apartments in Business Bay yield about 6.1% gross, or about 5.0% net after service charges, based on 62,333 registered rent contracts and 16,885 sales since 2023.
What are the service charges in Business Bay?
Service charges for apartments in Business Bay are about AED 18.31/sqft (AED 197/m²) a year, per an independent third-party source. The exact rate depends on the building, so confirm it with the developer before buying.
What amenities does Peninsula One have?
Peninsula One lists these amenities: Gym, Common lobbies, Community spaces and Panoramic Dubai Canal views.
Explore more
More off-plan projects by East & West Properties
- Six Senses Residences The Palm, Palm Jumeirah
- Rixos Financial Center Residences, Downtown Dubai
- 25Hours Heimat, Downtown Dubai
- Peninsula Four, The Plaza, Business Bay
- Peninsula Five, The Signature Collection, Business Bay
- St. Regis Residences (Financial Centre), Downtown Dubai
- Peninsula Two, Business Bay
- Peninsula Three, Business Bay
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Source: developer’s official website + live listing photos. Prices are "starting from" figures where published. Always verify with the developer before transacting. Project details last checked on 14 Jun 2026.