The residential complex Peninsula Two in Dubai
The elite residential complex Peninsula Two is in the prestigious Business Bay business district and is the second phase of the Peninsula project, launched by the Select Group in early 2021. The newly constructed residential complex is a 36-storey building with many types of real estate :
- Studio apartments of 31 to 42 m2;
- One-bedroom apartments of 53 to 64 m2;
- Two-bedroom apartments of 84 to 90 m2.
You’ll see beautiful city centre views, the sparkling Dubai Canal and the Persian Gulf skyline from the windows of the apartments.
Residents of the upcoming development Peninsula Two in Dubai will enjoy a variety of amenities, including:
- 205 m2 gym equipped with professional sports equipment;
- large lobby with a restaurant, café and comfortable sitting areas;
- outdoor swimming pool with an area of 205 m2 and a depth of 1.2 m;
- multifunctional hall for events;
- play area for children;
- basketball, squash and tennis courts;
- skateboarding park;
- chargers for electric vehicles;
- car and bicycle parking;
- footpaths.
The building will have round-the-clock security and video surveillance. There’ll also be a fire alarm system, a central air conditioning system and an audio intercom on the lobby level.
Peninsula Two in Business Bay, Dubai, the UAE
The Peninsula Two residential complex under construction in Dubai is in Business Bay, a small peninsula, washed by the Dubai Canal on three sides. One residential community occupies the island, consisting of nine high-rise towers, parks and other infrastructure institutes. The peninsula has trendy boutique cafés, small private eateries and fine dining restaurants. The residential community has numerous parks and open areas for sports and recreation. It is an ideal environment for walking, physical activity and outdoor recreation.
The community's premier entertainment hub is the Peninsula Promenade overlooking the Dubai Canal, with an open-air cinema, event venues, a concert hall, an art park and a fountain deck overlooking the Burj Khalifa and downtown Dubai.
In addition, the Community Mall on the peninsula will be built here, with an area of 6100 square metres. Twenty-three retail outlets and parking will operate in the shopping centre. In addition to shops, there’ll also be beauty salons, hairdressers, pharmacies and other institutions.
Real estate for sale in Peninsula Two
Today, you can buy property on Peninsula Two efficiently. While the tower is under construction, the developer is selling the apartments at discounted prices. Construction work on the upcoming residential complex will be completed in December 2024, and the property's capital value will increase after the building’s handover.
Today, the minimum cost of a studio in a residential complex under construction is AED 640,000 (USD 174,000). One-bedroom apartments cost AED 951,000 (USD 259,000). In a full catalogue on the site, you can see all the available-for-sale options of property in Peninsula Two. You can also check the site for current prices and specifications.
Real estate buyers in the upcoming residential complex can benefit from instalment payments. You can find out about the payment plans and instalment terms from the specialists.