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DLD register · 1 Nov 20261,801 not completed1,239 under construction227 past DLD end date · median 7 mo238 registered to end in 2026487,805 units in pipeline
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DLD project no. 2372Completed859 units

Peninsula Three بينينسولا ثري Business Bay by Select Global Development L.L.CAll phases of Business Bay Completed 3 December 2025 (DLD) DLD end date Jun 2025 DLD register as of 1 November 2026 DLD register as of 1 November 2026. Dates are the ones registered with DLD.

Completed projects cannot be added to My units.

Dusk rendering of the Peninsula Three tower on the Business Bay waterfront with Burj Khalifa in the distance
Developer's image Select Group
Completed
Dec 2025
DLD end date Jun 2025
Build time
42 months
Jun 2022 → Dec 2025
Launch → resale
2,672 AED/sqft
+25.9% on launch Launch 2,118 · 147 sales since completion
1 BR rent
100,000 AED/yr
Gross yield 5.7% · 278 leases
Developer
19 projects
14 completed · 6,911 units delivered

CompletionDLD readings of % built, beside the share of the planned period gone

% built

28 October 2026
Built
100%
Latest DLD register reading: 100% built on 28 October 2026 (register readings: 3). Latest DLD inspection: 100% built on 27 November 2025 (inspections: 8).
Every DLD inspection and every change in the register %, newest first
Date % built Source
27 November 2025 100% DLD inspection
21 August 2025 93.1% DLD inspection
27 March 2025 78.1% DLD inspection
31 October 2024 52% DLD inspection
24 June 2024 30.5% DLD inspection
3 January 2024 15% DLD inspection
14 August 2023 6.9% DLD inspection
22 February 2023 3.3% DLD inspection
5 August 2022 0% DLD register, archived export

Source: Dubai Land Department projects register, as of 1 November 2026. Earlier readings: archived DLD projects exports of 5 August 2022, 12 May 2024. Source: Dubai Land Department, Project Status inspections (dates and % only), collected on 7 November 2026. DLD Project Status ↗

Site timeline

± 6 months

Our imagery reading holds no milestone for this project yet.

Our reading of historical satellite imagery

Registered period and actual build

Registered period
36 monthsActual build
42 months
Start date
1 June 2022
DLD end date
1 June 2025
Completion date
3 December 2025
Completion vs DLD end date
6 months after

Source: DLD projects register. Build time: our calculation from DLD’s start and completion dates.

Changes in the DLD register

No change to the end date, status or % built across the register exports we hold.

Source: DLD projects register exports, compared by CraneScore. Planned dates against DLD's completion date. In 69% of completed projects in the register the completion date and the DLD end date are the same day, which suggests DLD sets the end date at completion, so this comparison can show no gap where there was one.

DLD registration

DLD services ↗
DLD project number
2372
Escrow agent
Dubai Islamic Bank (Public Joint Stock Company)
Zoning authority
Dubai Development Authority (DDA)
Master project
Business Bay
DLD area
Business Bay
Units · villas
859 · 0
Start → DLD end
Jun 2022 → Jun 2025
Registered unitsStudio 224 · 1 bed 491 · 2 bed 138; sizes 446–698 sqft

Also registered: shops and showrooms 6.

Counts from DLD's units register; villas from its buildings register. Sizes: the middle half of the homes' registered areas (25th to 75th percentile), villas by built-up area. Source: Dubai Land Department open data (units and buildings registers, export of 5 November 2026), under the Dubai Data Open Data Licence.

Description in the DLD register: 1B+G+3P+46F+R,residencial.The project designed to have a concrete structure and block with internal and external finishes.

DLD's own services for this project, including the Dubai REST app: dubailand.gov.ae

Price historyRegistered sale prices for this project, in AED per sq ft, with the number of sales in each figure.

AED · sqft
Launch price
2,118 AED/sqft
Median of 516 off-plan sales in the 90 days from the first one (Jul 2022)
Latest registered sales
2,660 AED/sqft
Median of 159 home sales in the last 12 months, ready and off-plan
Change
+26%
Same home types on both sides, weighted by the later sales

Dubai Statistics Center residential price index (flats), 2022-Q3 to 2026-Q2: +29%.

Prices are over apartments, the type most sales in this project are.

Median AED/sqft (number of sales) by bedroom count, where both periods have at least 5 sales
Bedrooms Launch price Latest registered sales Change
Studio 2,219 (138) 2,711 (14) +22.2%
1 BR 2,078 (297) 2,538 (48) +22.1%
2 BR 2,159 (81) 2,865 (15) +32.7%
Registered sales of apartments by bedroom count over the last 24 months, and the median AED/sqft of the latest ready sales (number of sales)
Bedrooms Sales, 24 months Latest median AED/sqft Latest sales
Studio 94 2,711 (14) May 2026 – Nov 2026
1 BR 155 2,538 (48) May 2026 – Nov 2026
2 BR 54 2,865 (15) May 2026 – Nov 2026

Launch price: median AED/sqft of the project's off-plan home sales in the 90 days from its first one, for a first sale on or after 1 March 2020; Skyline Index uses the same rule. Latest: home sales of the last 12 months after the launch window, ready and off-plan; the change compares the same home types. The bedroom table compares the launch window with the last 6 months (12 when 6 have fewer than 5 sales). Off-plan registrations include developer sales and resales; DLD open data does not tell them apart. Sales more than 4 times off the median are left out.

Median AED/sqft by quarter

2022-Q3 → 2026-Q4

Median AED/sqft of registered sales per quarter (apartments). Source: DLD. Grey dashed line: DLD area Business Bay, median AED/sqft of ready sales of apartments by quarter. A quarter with fewer than 5 sales is left as a gap. The last quarter runs to 5 November 2026.

Registered sales per quarter

Registered sales per quarter, off-plan and ready units. Source: DLD.

What launch buyers got

The launch price against the registered resales after completion, same home types on both sides.

Launch price
2,118 AED/sqft
Median of 516 off-plan sales, Jul 2022 – Oct 2022
Resales after completion
2,672 AED/sqft
Median of 147 ready sales, Dec 2025 – Nov 2026
Change
+25.9%
Same home types, weighted by the resales

Over the same span, ready homes in DLD area Business Bay changed +33.6% (same home types).

Launch: the 90 days from the first off-plan sale (2020 onward). Resales: ready sales in the 12 months after the DLD completion date, or 24 when 12 hold fewer than 5. A price change is not a return: it leaves out fees, service charges, rent and the payment plan.

Rents and gross yield

New Ejari rent contracts for apartments in this project, 12 months to 5 November 2026, against the 12 months before. Gross yield: the median annual rent over the median registered ready sale price of the same bedroom count in this project over the same 12 months.

Bedrooms Median annual rent New contracts Change on a year earlier Gross yield
Studio AED 75,000 121 — 6.3%
1 BR AED 100,000 278 — 5.7%
2 BR AED 165,000 69 — 6%

Gross yield is before service charges, other costs and empty months.

New single-unit contracts only; renewals and contracts over several units are left out. A bedroom count shows from 5 contracts, a change needs 5 in both years and a yield 10 ready sales.

Source: Dubai Land Department open data (Ejari rent contracts and registered sales), under the Dubai Data Open Data Licence.

Mortgage registrations

Home mortgages DLD has registered on units in this project, per quarter, in the 12 quarters to 5 November 2026.

Mortgage registrations on homes per quarter. Source: DLD.

Mortgage registrations in the last 4 quarters (2026-Q1 to 2026-Q4): 66; registered amount AED 84.3M.

Since the first registration in 2026-Q1: 66 in all.

Counts DLD's mortgage registrations on homes in this project, including pre-registrations on off-plan units and lease-to-own registrations; portfolio and developer mortgages are left out. Amounts are the values DLD registers, shown for 5 registrations or more. A registration says nothing about the lender or the terms.

Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence. DLD Transactions dataset · Licence

Service charges

What owners pay a year in completed buildings of the project’s master community, from their owners’ association budgets. A building’s own charge is set by its own budget.

Apartment buildings’ budgets; villa and townhouse budgets are left out.
19.98 AED/sqft a year
Business Bay: median of 71 developments’ owners’ association budgets, 2026

Median AED per sq ft a year of residential owners’ association budgets, each development counted once, in the newest budget year with at least 10 developments. Plots, shared areas and hotel rooms are left out. A budget is not any one owner’s bill.

Source: Dubai Land Department, owners’ association budgets (service charges).

Registered sales

The newest sales DLD has registered in this project, as DLD publishes them.

The newest 10 of 161 registered sales in the 12 months to 5 November 2026
DateMarketType Size (sqft) Price (AED) AED/sqft
5 November 2026readyApartment · 2 BR 1,081 3,500,000 3,238
4 November 2026readyApartment · 1 BR 660 1,700,000 2,576
3 November 2026readyApartment · 1 BR 342 600,000 1,754
29 October 2026readyApartment · 2 BR 923 2,225,000 2,411
28 October 2026readyApartment · 1 BR 676 2,000,000 2,959
22 October 2026readyApartment · 1 BR 676 1,790,000 2,648
19 October 2026readyApartment · 2 BR 945 2,525,000 2,672
12 October 2026readyApartment · 1 BR 639 1,800,000 2,817
8 October 2026readyApartment · Studio 422 1,200,000 2,844
25 September 2026readyApartment · Studio 427 1,150,000 2,693

Each sale as DLD registers it. Off-plan registrations include developer sales and resales, which DLD open data does not tell apart. DLD publishes no buyer or seller names. Shown on this page only, not as a download.

Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence. DLD Transactions dataset · Licence

LocationBusiness Bay · Dubai Municipality community

Spinneys · 130 mAction Hub · 200 mAction Hub · 330 mDeli Plus Mini Mart · 450 mSpinneys · 470 mBay Avenue Park · 480 mBay Avenue ​Mall · 590 mNexx Home Healthcare Services · 890 mBusiness Bay Metro Station · 980 mAl Wasl Centre · 1.2 kmSouk Al Bahar · 1.3 kmProject location© OpenStreetMap contributors · Dubai Municipality · RTA · Makani
Project location Metro and tram Malls and supermarkets Schools and hospitals Parks and beaches

Places near the project

Straight-line distances from the project’s map pin, rounded to 10 m. The nearest place of each kind.

Metro stationBusiness Bay Metro Station · Red Metro line · 980 m
MallBay Avenue ​Mall · 590 m
SupermarketSpinneys · 130 m
HospitalNexx Home Healthcare Services · 890 m
SchoolJSS School · 1.7 km
ParkAction Hub · 200 m
BeachBeach · 2 km

School ratings: KHDA’s school directory ↗ · Report a wrong location

Dubai Municipality · Makani · © OpenStreetMap contributors · RTA

New homes within 1.5 km

Open projects within 1.5 km of the pin: 58, with 25,389 units and villas.

2023: 1452024: 2532025: 6872026: 11,6302027: 4,4132028: 1,3092029: 1,3642030: 2,3422031: 9892032: 684No end date: 1,573

Open projects within 1.5 km of the pin, by DLD end year Highlighted: this project’s DLD end year.

Open projects in Business Bay: 53

Open projects in the same DLD area, by registered sales in 24 months.

Project Built DLD end date AED/sqft, 12 mo Sales, 24 mo
Binghatti Skyrise 35.9% Dec 2026 3,040 3,281
Binghatti Aquarise 21% Oct 2026 2,621 1,348
Al Habtoor Tower 90% Dec 2026 2,771 779
Bayz 102 By Danube 6.5% Dec 2029 3,060 724
Binghatti Skyhall 31.1% Aug 2026 2,430 648
One by Binghatti 50.2% May 2026 2,921 574
Downtown Residences 1.3% Dec 2030 2,766 401
Onda By Kasco 61.1% Aug 2027 1,820 299
Tiger Sky Tower 10.2% — 2,142 296
Rove Home Marasi Drive 10% Aug 2027 3,299 283
One.B Tower 10.1% Dec 2028 2,725 180
One River Point 35.4% Jun 2027 2,643 175

AED/sqft: median of the project’s registered home sales in the last 12 months, ready and off-plan; a dash with too few sales.

Every project in Business Bay

Developer in DLD data Select Global Development L.L.C · DLD developer no. 972

Projects registered
19
14 completed · 3 under construction · 2 not started
Units delivered
6,911
1,374 in the pipeline
Median build time
42 months
completed projects measured: 14

Completed a month or more after their DLD end date: 6 of 14 completed projects with both dates. In 7 of them the completion date equals the DLD end date, which DLD may set at completion, so this count can understate the gap.

Source: DLD projects register, export of 1 November 2026. Medians: our calculation, 3 projects or more.

Other projects in Business Bay

DLD lists 150 projects in the master project Business Bay.

Burj PacificUnder construction · 98.8% · Jan 2023
West Bay TowerUnder construction · 82.5% · Feb 2024
Luxury Family Residence IIIUnder construction · 50.6% · Jun 2025
Chic TowerUnder construction · 84% · Jul 2025
Bugatti Residences by BinghattiUnder construction · 65.6% · Dec 2025
The QuaysideUnder construction · 54.6% · Mar 2026
Eywa DubaiUnder construction · 65.7% · Apr 2026
One by BinghattiUnder construction · 50.2% · May 2026
Urban LifeUnder construction · 80% · Jun 2026
Burj Binghatti Jacob & Co. ResidencesUnder construction · 52.1% · Jun 2026
Binghatti SkyhallUnder construction · 31.1% · Aug 2026
Binghatti AquariseUnder construction · 21% · Oct 2026

Questions about Peninsula Three

When was Peninsula Three completed?

Peninsula Three is recorded as completed on 3 December 2025 (DLD register of 1 November 2026).

Who is the developer of Peninsula Three?

Select Global Development L.L.C, as registered with DLD.

What is the DLD project number of Peninsula Three?

2372.

Source: Dubai Land Department open data: projects register (export of 1 November 2026) and registered sales to 5 November 2026; Dubai Statistics Center price index. Methodology · Report a data error