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Apartments · Business Bay

Peninsula

by Select Group · Business Bay

Dubai’s LATEST upcoming residential destination. It’s one you cannot afford to miss out on. This is Business Bay’s First-Ever Oasis-inspired neighborhood surrounded by the beautiful Dubai Canal water on every side. This is Peninsula at Business Bay. No matter which…

Listed 21 Mar 2025

Peninsula in Business Bay, as rendered by the developerOff-plan
Starting price
AED 886,000
Payment plan
On request
Handover
2024
Bedrooms
1, 2, 3, 4, Studio
Property type
Apartments

Source: developer listing, last verified .

DLD verification pending

Overview

About Peninsula

Dubai’s LATEST upcoming residential destination. It’s one you cannot afford to miss out on. This is Business Bay’s First-Ever Oasis-inspired neighborhood surrounded by the beautiful Dubai Canal water on every side. This is Peninsula at Business Bay. No matter which apartment you choose, you will live the neighbourhood life, with greenery and water views all around you. Offering a collection of studios, 1, 2, and 3 BR apartments and 1 to 4 BR Waterfront Duplexes these are the highest quality of waterfront residences crafted by Select Group. Peninsula is thoughtfully designed, and strategically located in the heart of Business Bay. The Peninsula residences will create a foundational community that will in due course become the soul of one of the world’s most thriving cities. Peninsula will create an oasis of serenity in a truly unique setting, whilst becoming a sterling addition to the spectacular Downtown Skyline.

Highlights

Why buyers look at this project

  • Stunning waterfront apartments on the Dubai Canal, Located in Business Bay, Studios, 1, 2, 3 BR Apartments, 1 to 4 BR Waterfront Duplexes, Studios starting at AED 886K, Ready in Q4 2024, Pay 5% on booking | 35% during construction | 60% on handover, Features a plethora of retail, cafes, restaurants, mall as well as supermarket, daycare & pharmacies, Striking Promenade with jogging tracks and plenty of green parks around, Waterfront living along the Dubai Canal with Direct Access to the Dubai Canal, Exclusive Lifestyle-Enriched Community in Business Bay, Compelling Investment Opportunity

Details

Project details

Starting Price
AED 886,000
Property Types
Apartments
Developer
Select Group
Handover
2024
Bedrooms
1, 2, 3, 4, Studio
Location
Business Bay
Status
Off-plan

Amenities

Amenities

Peninsula offers an exceptional array of world-class amenities designed to enhance every aspect of modern living.

  • Fitness Centre & Gym
  • Large Pools
  • Neighbourhood Parks, Pocket Parks, Urban Art Parks and Family Park

Payment plan

How the price is paid

On request

The developer has not published the instalment schedule for this project. Our experts can confirm the current plan, booking deposit and any post-handover option.

Amounts are indicative, calculated on the published starting price. The 4% DLD registration fee and admin fees are extra.

Unit types

Units and floor plans

Floor plans are sent on request, with current availability and the exact price list.

Unit mix: 1, 2, 3, 4, Studio · Apartments

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Floor plans are sent on request

Our experts send the floor plans, current availability and the exact price list.

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Location

Business Bay and connectivity

Peninsula is located in Business Bay, Dubai.

About the area

Business Bay

55 projects listed in Business Bay

Business Bay sits right at the centre of Dubai, running along the Dubai Canal with Downtown and the Burj Khalifa just a few minutes up the road. What started out as the city’s answer to Manhattan has grown into something more interesting: a proper neighbourhood…

All projects in Business Bay

Investment

Investment outlook

This off-plan project presents strong investment potential across the UAE, with projected rental yields of 6–8%, long-term capital appreciation, and growing demand from both residents and international investors.

Projected Rental Yield
6–8%
Potential Capital Appreciation
10–15%
Golden Visa Eligibility Potential
AED 2M+
  • UAE off-plan properties continue to attract strong local and international investor demand.
  • Selected communities may offer rental yields of around 6–8%, depending on location and unit type.
  • Buyers may benefit from 10–15% potential price growth by handover in high-demand areas.
  • Properties from AED 2 million may qualify for UAE Golden Visa eligibility, subject to regulations.

General Dubai market context as published in the developer’s marketing, not a project-specific forecast. Yields depend on the unit, the purchase price and the rent achieved.

Financing

Financing options

  • Low Down Payment
  • Developer Payment Plans
  • Post-Handover Plans
  • Mortgage Assistance
  • Interest-Free Installments
  • Resident & Non-Resident Financing

Developer plans are interest-free by design; bank mortgages for off-plan are usually available from a set construction stage. Our experts can introduce mortgage advisors for residents and non-residents.

About the developer

Select Group

8 projects listed

Established in Dubai in 2002, Select Group has grown into a privately held real estate development and investment company with operations across the UAE, United Kingdom, and Europe. Select Group Dubai puts premium property development at its core while also working in residential, hospitality, fitness, wellness, technology, and asset management,…

All projects by Select Group

FAQ

Questions buyers ask

What is off-plan property in Dubai?

Off-plan property is a unit purchased directly from the developer before or during construction, typically at a lower entry price and with flexible, milestone-based payment plans.

Can foreigners buy property in Dubai?

Yes. Foreign nationals can buy freehold property with 100% ownership in Dubai's designated freehold areas, with no residency requirement.

What is a payment plan and how does it work?

A payment plan splits the property price into instalments — usually a down payment on booking, staged payments during construction, and a final amount on handover.

What is the UAE Golden Visa and how can real estate qualify?

The Golden Visa is a long-term, renewable UAE residency (up to 10 years). A property investment of AED 2 million or more typically qualifies the owner to apply.

How do I get a mortgage for a Dubai property?

Both residents and non-residents can obtain mortgages from UAE banks, generally financing 50–80% of the value depending on status. Our team can connect you with mortgage advisors.

What is the expected ROI from Dubai off-plan property?

Dubai off-plan typically delivers strong returns — rental yields of around 6–8% plus notable capital appreciation by handover, varying by location and project.

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Compare before you decide

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Enquire

Ask about Peninsula

Brochure, floor plans, current availability and the exact price list, sent by a real estate expert who answers. Starting price AED 886,000, payment plan on request, handover 2024.

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AED 886K

Plan on request · 2024

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