Peninsula 2

Peninsula Two is a prestigious residential development by Select Group, strategically located in the heart of Business Bay, Dubai. This 36-storey tower offers a collection of 439 meticulously designed units, including studios, one-bedroom, and two-bedroom apartments, with sizes ranging from 339 to 965 sq. ft. Each residence is crafted to provide contemporary living spaces, featuring floor-to-ceiling windows that offer breathtaking views of the Burj Khalifa, Downtown Dubai skyline, and the serene waters of the Dubai Canal. The interiors boast high-quality finishes, modern layouts, and efficient use of space, ensuring a luxurious lifestyle for residents. The development is designed to foster an active and engaging community atmosphere. Residents can enjoy a range of world-class amenities, including a fully equipped gymnasium, a swimming pool, and landscaped parks. For sports enthusiasts, there are tennis, squash, and basketball courts, as well as a unique skate park. The waterfront promenade is lined with retail outlets, cafes, and restaurants, providing a vibrant social and dining experience. Additionally, walking and cycling tracks weave through the community, promoting a healthy and active lifestyle. Peninsula Two's prime location ensures seamless connectivity to Dubai's key attractions and business hubs. It is within a short distance from The Dubai Mall, Burj Khalifa, and the Dubai Opera, offering unparalleled access to shopping, entertainment, and cultural experiences. The development is also well-connected to major road networks, making it convenient for residents to commute to other parts of the city. The payment plan is structured to accommodate investors and end-users alike, with a 5% down payment, 35% during construction, and the remaining 60% upon handover. The anticipated handover is scheduled for the second quarter of 2025, making it an attractive opportunity for those seeking a modern urban lifestyle in one of Dubai's most sought-after locations.

Starting from, AED

1,100,000

Emirate

Dubai

Area

Business Bay

Status

Under construction

Developer

Select Group

Size from

339 sq ft

Handover

2025 Q2

Amenities

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.

Request Valuation

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.