Peninsula Two
by East & West Properties · 📍 Business Bay
Peninsula Two 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 September 2024. It was 100% built at the official RERA site inspection of 12 February 2026.
Floor plans
Layouts by unit type — tap any plan to view it full size.
About the project
Tower within the Peninsula waterfront master development on the Dubai Canal, Business Bay (~3.4M sq ft, 6 towers). Pricing quoted at AED 1,800-3,900 per sqft (not unit totals).
Construction progress
Finished100% complete at the latest RERA site inspection on 12 Feb 2026; completed 1 Sept 2024.
| Inspection | Complete | Photos |
|---|---|---|
| 12 Feb 2026 | 100% | 15 |
| 28 Jan 2026 | 98.7% | 10 |
| 27 Aug 2025 | 95.5% | 11 |
| 27 Aug 2025 | 95.5% | 9 |
| 21 Feb 2025 | 81.2% | 8 |
| 18 Oct 2024 | 62.42% | 8 |
| 9 Jul 2024 | 50.1% | 9 |
| 14 Feb 2024 | 38.62% | 7 |
Official RERA site-inspection records for registered project #2318, 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 Two: questions and answers
When is the handover of Peninsula Two?
The Dubai Land Department project register lists the completion date of Peninsula Two as September 2024.
How much of Peninsula Two is built?
Peninsula Two was 100% complete at the official RERA site inspection of 12 February 2026.
Is Peninsula Two registered with the Dubai Land Department?
Yes. Peninsula Two is registered with the Dubai Land Department as project number 2318, 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 Two?
Peninsula Two 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 Two located?
Peninsula Two is in Business Bay (Peninsula), Dubai.
What unit types does Peninsula Two offer?
Peninsula Two offers Studio, 1 Bedroom, 2 Bedroom and 3 Bedroom. The project has 462 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 Two have?
Peninsula Two lists these amenities: Commercial facilities, Community amenities and 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 One, Business Bay
- Peninsula Three, Business Bay
✦ Want the full picture on Peninsula Two?
This page shows what we collected. Ask the AI to compare it against other projects, run the rental ROI and mortgage numbers, or check how its area is performing on real DLD sales.
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.