
Peninsula 5
Peninsula Five, The Signature Collection, is a luxurious residential development by Select Group, strategically located in the heart of Business Bay, Dubai. This 36-storey tower offers an exclusive selection of waterfront residences, including studios, one to four-bedroom apartments, and opulent four-bedroom duplexes. Each unit is meticulously designed to maximize space and natural light, featuring floor-to-ceiling windows that provide breathtaking views of the Dubai Canal, Burj Khalifa, and the iconic Downtown skyline. The interiors boast high-quality finishes, contemporary layouts, and premium fixtures, ensuring a sophisticated living experience. Residents of Peninsula Five have access to a range of world-class amenities designed to enhance their lifestyle. These include a swimming pool, a state-of-the-art gymnasium, children's play areas, and beautifully landscaped parks. The development also features retail outlets and dining venues, offering a variety of culinary experiences right at the doorstep. The strategic location of Peninsula Five ensures seamless connectivity to Dubai's key attractions and business hubs. It is in close proximity to Downtown Dubai, providing easy access to The Dubai Mall, Burj Khalifa, and Dubai Opera. The development is well-connected to major road networks, facilitating convenient commutes to other parts of the city. The payment plan is structured to accommodate both investors and end-users, with a 5% down payment, 35% during construction, and the remaining 60% upon handover. The anticipated completion and handover are scheduled for the fourth quarter of 2024, making it an attractive opportunity for those seeking a luxurious urban lifestyle in one of Dubai's most sought-after locations. With its prime waterfront setting, exceptional design, and comprehensive amenities, Peninsula Five epitomizes modern luxury living in the heart of the city.
Starting from, AED
886,500
Emirate
Dubai
Area
Business BayStatus
Under construction
Developer
Select GroupSize from
513 sq ft
Handover
2024 Q4
Amenities
Gallery
Payment plan
5%
Booking
35%
During construction
60%
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.
