Peninsula
Peninsula is a new residential project from the Select Group company, it is located in the prestigious central area of Dubai Business Bay. The complex covers an area of more than 306,000 square meters. Here it will be built a tower with necessary infrastructure. The features of the project are an abundance of green spaces, parks, jogging paths, recreational facilities, a beautiful promenade with cafes, restaurants and shops.
Investors and private property buyers will be able to choose between studios and 1-2 bedroom apartments at the Peninsula by Select Group. For those who want to have more spacious accommodation, there are simplexes with 1-3 bedrooms. These apartments will be available in two versions: Podium and Waterfront.
Starting from, AED
7,470,000
Emirate
Dubai
Area
Business BayStatus
Under construction
Developer
Select GroupSize from
2007 sq ft
Handover
2025 Q1
Amenities
Gallery
Payment plan
20%
Booking
30%
During construction
50%
Upon Handover
About Location
The area with the self-explanatory name, Business Bay is the business and commercial center of Dubai. Its concept was created as an equivalent of Manhattan in New York and Ginza in Tokyo. Development of the area began in 2003 and by 2017, the world-famous publishing house; Lonely Planet, who publishes global travel guides, included Business Bay in the top-five most interesting places to visit.
Business Bay hosts a number of mixed-use, high-rise developments from office buildings, banks and retail areas, residential real estate, luxury hotels, restaurants and entertainment venues. The total area of Business Bay is 79,975,854 sq. ft. After the full completion of construction works, there will be 240 skyscrapers that will house residential and commercial units. The main waterway of the Emirate, the artificial Dubai Water Canal, runs along the central part of the entire area. There are dozens of restaurants, as well as cultural and entertainment facilities along the waterfront, including the famous aqua theatre, La Perle.
About Developer
The developer Select Group is one of the largest construction firms in the UAE and was established back in 2002, and specializes in residential and commercial premises, as well as retail, hotel and multifunctional real estate projects. The international firm has more than 750 employees and conducts construction in Arabian Gulf countries and Europe. In 2018 Select Group was awarded the title of the best real estate developer in the Middle East according to Forbes.
Investment activity
Select Group is also engaged in successful investment activities in the field of real estate. Its main projects in the UAE include a 20-floor tower from Emaar – Marina Tower, a 9-storey residential building in Dubai Studio City – The Hive, and Gym Nation locations. The company also invests in European countries with projects such as land in Ciovo; Croatia, Ballochmyle Estate in Scotland, Velocity Tower in the UK and many more.
Charitable activity
Charity is another vector of the Select Group company’s activity. The charitable activities include emergency medical care, assistance for natural disasters and scholarships for students from underdeveloped countries. Select Group invests in the following charitable foundations: Al Jalila Foundation UAE, SOS Children’s Village Pakistan, Dubai Cares UAE, Save the Children India, Christie Charity UK and many others.
