Dubai Land Department Off-Plan Register

Peninsula Five - 3 Launch Prices

Off-plan in Business Bay · Developer launch registrations from the Dubai Land Department off-plan register

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At a glance

Launch Summary

424 developer launch sales registered at Peninsula Five - 3 between Apr 2022 and Jan 2025: 100% apartments, most commonly 1-bed units, typically around 815 sqft.

Launch sales
424
DLD off-plan registrations, all time
Median launch /sqft
AED 2,003
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 242,0004,450,000
Min – max registered

Bed mix: Studio 34% · 1-bed 43% · 2-bed 14% · 3-bed 8%.

Every figure here is a registered developer launch price from the DLD off-plan register - a different kind of price from a ready-market resale, and kept entirely separate from KhaleejKeys' resale statistics.

Launch price history

Launch Price by Quarter

Median registered launch price per square foot at Peninsula Five - 3, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2022 Q2103AED 1,975
2022 Q3200AED 1,944
2022 Q44AED 1,997
2023 Q18AED 2,013
2023 Q23AED 2,224
2023 Q317AED 2,170
2023 Q413AED 2,127
2024 Q111AED 1,871
2024 Q224AED 2,153
2024 Q314AED 2,298
2024 Q421AED 2,391
2025 Q16AED 2,242
Two different markets

Launch vs Resale

Peninsula Five - 3 also has 110 ready-market resales registered with the DLD, the first on 3 February 2025 - 34 months after the first launch registration. A developer launch price and an arm's-length resale are different kinds of price; the gap is context, not a return.

Resales registered
110
110 in the last 2 years
Resale median /sqft
AED 2,628
last 2 years
Resale vs launch
+31%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Peninsula Five - 3 →

The latest launch sales

Recent Launch Registrations

Apartment · 3 Bed
1,722 sqft · 21 January 2025
AED 3,597,000
AED 2,089 /sqft
Apartment · 1 Bed
820 sqft · 20 January 2025
AED 1,850,000
AED 2,257 /sqft
Apartment · Studio
517 sqft · 20 January 2025
AED 1,220,000
AED 2,360 /sqft
Apartment · Studio
517 sqft · 10 January 2025
AED 1,175,000
AED 2,273 /sqft
Apartment · 1 Bed
878 sqft · 9 January 2025
AED 1,950,000
AED 2,222 /sqft

Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.

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Other Off-Plan Projects in Business Bay

Off-plan in Business Bay

Compare this project with every other off-plan launch registered in Business Bay, or see the community's resale market.

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