Developer: Dubai Peninsula · Peninsula Dubai Residences

Peninsula Dubai Residences – Tower 1

Peninsula Dubai Residences – Tower 1 is a residential project by H&H Development in Peninsula Dubai Residences, Dubai, with handover Q1 2029, construction 5.6% complete per the DLD registry, 75 units.

HandoverQ1 2029Developer supplied
Construction5.6%DLD registry · checked 10 Sep 2026
Units75DLD registry

Every figure carries its origin: “DLD registry” is taken from the Dubai Land Department register, “Developer supplied” is stated by the developer, “Our calculation” is computed by us from the first two. Developer prices change without notice — confirm before you commit. Methodology

Handover date & construction progress

5.6%
  • StatusActive
  • Construction started2025-03-03
  • HandoverQ1 2029
  • Status date10.09.2026
  • Progress between DLD inspections+2.04% (2026-06-04 → 2026-09-10)
  • DLD project number3396

Data from the Dubai Land Department project registry (updated 15.09.2026 09:55).

Construction progress 27
10 September 2026 5.60%
Peninsula Dubai Residences - Tower 1, Peninsula Dubai Residences construction progress — 10 September 2026, 5.60% complete, photo 1 of 5Peninsula Dubai Residences - Tower 1, Peninsula Dubai Residences construction progress — 10 September 2026, 5.60% complete, photo 2 of 5Peninsula Dubai Residences - Tower 1, Peninsula Dubai Residences construction progress — 10 September 2026, 5.60% complete, photo 3 of 5Peninsula Dubai Residences - Tower 1, Peninsula Dubai Residences construction progress — 10 September 2026, 5.60% complete, photo 4 of 5Peninsula Dubai Residences - Tower 1, Peninsula Dubai Residences construction progress — 10 September 2026, 5.60% complete, photo 5 of 5

Construction photos are taken by the technical inspectors of the Dubai Land Department (DLD) and remain its property. We show compressed copies; full-resolution originals are available in the Real Estate Project Status service.

Recent transactions

DateTypeSize, m²Price, AED
04.05.20261 BR103.07 300 000
17.02.20262 BR250.918 977 509
29.12.20253 BR385.628 862 838
26.12.20253 BR356.728 946 549
26.12.20253 BR397.630 102 753
26.12.20252 BR180.015 025 005
17.12.20253 BR356.726 787 472
24.11.20252 BR184.014 452 257
24.11.20252 BR173.414 137 521
27.10.20253 BR376.833 572 526
10.10.20254 BR402.931 985 833
08.10.20253 BR413.529 622 037
07.10.20254 BR403.032 511 305
07.10.20252 BR197.314 313 188
07.10.20252 BR173.414 005 771
25.09.20253 BR376.830 268 517
23.09.20252 BR251.019 501 764
23.09.20254 BR403.033 036 777
23.09.20254 BR402.931 723 096
03.09.20254 BR542.535 625 602

Dubai Land Department transaction registry, updated 2026-09-14. Explore Dubai property transactions →

Registered transactions in Peninsula Dubai Residences – Tower 1

Dubai Land Department records for this building: closed transaction prices, not asking prices or estimates. Figures are medians, so a single expensive sale does not move them.

62deals since 2025
77 235AED per m², median
0%resale, the rest bought from the developer
+2%over the past year

The yearly figure compares the last 12 months with the 12 before them: calendar years would not work, the current one is unfinished. The district moved -2% over the same period, so the building grew faster.

What buyers actually paid

TypeSize, m²Price, AEDPer m²Deals
1 bedroom1036 870 59766 7056
2 bedrooms19915 306 80476 91921
3 bedrooms38429 643 58677 19722
4 bedrooms40333 036 77781 97710

Median across all recorded deals in this building. Rows with fewer than five deals are omitted: there is nothing to average there.

Source: Dubai Land Department transaction register. The register is updated daily; the figures here are recalculated weekly.

Places nearby

🧸 Small World Nursery · 0.6 km🧸 The Little Dreamers Nursery · 1.2 km🧸 Royal Beach Nursery · 1.3 km🌳 Safa Park · 1.7 km🎓 Horizon English School Dubai · 1.8 km
Peninsula Dubai Residences – Tower 1

About the project

Peninsula Dubai Residences Tower 1 is a 36-storey residential tower within the Peninsula master development in Business Bay, Dubai. Dubai Peninsula is the developer. The project comprises 518 units, and completion is listed for December 2024, identified as Q4 2024.

Tower 1 within the Peninsula master development

Tower 1 forms part of the 3.3 million sq ft Peninsula master plan in Business Bay. The development is described as being surrounded by Dubai Canal on three sides and located close to Downtown Dubai. Tower 1 rises to 36 storeys and contains 518 units in total. Its residential programme includes 433 apartments distributed across 36 floors, together with 15 premium podium waterfront simplexes and 70 luxury waterfront simplexes spread across six floors. The tower’s apartment offering is centred on studios, one-bedroom apartments and two-bedroom apartments. The unit mix combines apartment homes with waterfront and podium simplex selections within one building programme.

Apartment types, sizes and starting prices

Studio apartments are listed from 339 to 452 sq ft, with prices starting from AED 680,000. One-bedroom apartments range from 570 to 690 sq ft and start from AED 930,000. Two-bedroom apartments range from 904 to 965 sq ft, with starting prices from AED 1,550,000. The 433 apartments in Tower 1 are described as being predominantly studios and one-bedroom homes. Alongside these apartment types, the tower includes 15 premium podium waterfront simplexes and 70 luxury waterfront simplexes. This creates a total of 518 units across the tower’s apartment, podium and waterfront residential components.

Peninsula community setting

Tower 1 sits within the Peninsula master development, which includes a 66,000 sq ft Peninsula community mall. The project description places the tower within a canal-side master plan surrounded by Dubai Canal on three sides. The broader development is presented as a community in Business Bay, with the mall positioned steps from Tower 1. The residential composition of Tower 1 includes standard apartments as well as podium waterfront and luxury waterfront simplexes. The community mall is the stated retail provision immediately associated with the project, while the tower itself provides 518 homes in total.

Business Bay location and nearby places

Peninsula Dubai Residences Tower 1 is in Business Bay. Boxpark is listed 1.5 km away, while Jumeirah Fishing Harbour is listed at 1.9 km and Dubai Bowling Center at 3.3 km. Safa Park is listed 1.7 km from the project, Mercato Beach at 2.3 km and City Walk Central Park at 2.7 km. Roxy Cinema at Boxpark is listed at 1.5 km, Vox Cinema at Galleria Mall Al Wasl at 2.3 km, and Vox Cinemas at Mercato Mall at 2.9 km. The Track Meydan Golf is listed at 8.7 km, Dubai Hills Golf Club at 8.9 km and Dubai Creek Golf & Yacht Club at 11.4 km.

Payment plan and registration offer

The stated payment plan allocates 5% on booking, followed by 10% within 30 days. A further 15% is due after six months from booking, with the remaining 70% due on completion. The four instalments total 100% of the purchase price. A promotional offer states a 100% waiver of the Dubai Land Department registration fee. Starting prices are AED 680,000 for studios, AED 930,000 for one-bedroom apartments and AED 1,550,000 for two-bedroom apartments. The payment structure is stated alongside the Tower 1 apartment offering and its December 2024 completion listing.

Completion listing

Completion for Peninsula Dubai Residences Tower 1 is listed as December 2024. The project is also identified with an anticipated completion in Q4 2024. The tower is planned as a 36-storey building within the Peninsula master development and has 518 units in total. Its 433 apartments are spread across 36 floors, alongside 15 premium podium waterfront simplexes and 70 luxury waterfront simplexes across six floors. Studios, one-bedroom apartments and two-bedroom apartments form the stated apartment range, with published sizes and starting prices for each of those three categories.

Frequent questions

Who is the developer of Peninsula Dubai Residences Tower 1?
Dubai Peninsula is the developer of Peninsula Dubai Residences Tower 1.
Where is Peninsula Dubai Residences Tower 1 located?
The project is located in Business Bay, Dubai, within the Peninsula master development.
How many units are in Peninsula Dubai Residences Tower 1?
Tower 1 has 518 units in total. These include 433 apartments, 15 premium podium waterfront simplexes and 70 luxury waterfront simplexes.
What apartment types are available at Tower 1?
The stated apartment range comprises studios, one-bedroom apartments and two-bedroom apartments. The tower also includes podium waterfront and luxury waterfront simplexes.
What are the starting prices at Peninsula Dubai Residences Tower 1?
Studios start from AED 680,000, one-bedroom apartments from AED 930,000 and two-bedroom apartments from AED 1,550,000.
What is the payment plan for Peninsula Dubai Residences Tower 1?
The payment plan states 5% on booking, 10% within 30 days, 15% after six months from booking and 70% on completion.
When is handover listed for Peninsula Dubai Residences Tower 1?
Completion is listed for December 2024, identified as Q4 2024.
What is near Peninsula Dubai Residences Tower 1?
Boxpark is listed 1.5 km away, Safa Park 1.7 km away and Jumeirah Fishing Harbour 1.9 km away. Mercato Beach is listed at 2.3 km.
What is the completion status of Peninsula Dubai Residences Tower 1?
The project is listed with completion in December 2024, also identified as Q4 2024.
How can I buy an apartment in Peninsula Dubai Residences - Tower 1?
Submit an enquiry via the form on this page or message us on WhatsApp — a Continental Club Property broker (RERA 31933) will help you choose a unit and send the brochure and payment plan.

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Project data comes from the Dubai Land Department (DLD) registry.

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How to cite:Peninsula Dubai Residences – Tower 1 — Continental Club Property, from Dubai Land Department registry and developer data, 2026-08-07, https://continentalclub.ae/project/peninsula-dubai-residences-tower-1-peninsula-dubai-residences/