Choose language


Properties for Sale
Business Bay, Dubai
639 999 AED - 1 530 000 AED
Location Business Bay, Dubai
Type Development
Completion date IV quarter, 2024 (Off-plan)
Living space 36 - 89 m²
Beautiful view
Type of buildings:
Prestigious neighbourhood
Completion date
Starting price
AED 639 999

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.


  • Close to the bus stop
  • Close to shopping malls
  • Close to the city centre
  • Close to schools
  • Prestigious district
  • Close to a river or promenade
  • City view
  • Panoramic view
  • Beautiful view


  • Panoramic windows
  • Panoramic glazing
  • Terrace
  • Flooring
  • Finished
  • Good quality
  • Premium class
  • New development project
  • Tap water
  • Electricity
  • Driveway to the land plot

Indoor facilities

  • Child-friendly
  • Restaurant
  • Cafe
  • Fitness room
  • Elevator

Outdoor features

  • CCTV
  • Security
  • Car park
  • Promenade with amenities
  • Well-developed facilities
  • Common area with pool
  • Shop
  • Supermarket

Real estate in Peninsula Two


Peninsula Two apartments are excellent for comfortable city life in Dubai, and the peninsula is ideal for leisure activities, walks, recreation and entertainment. Residents of the upcoming building will be able to enjoy the local restaurants, bars and cafés, eat delicious food and drinks and enjoy stunning views of the city centre and the water channel.

Cycling paths are within the residential community, and residents can comfortably move around the area on a bicycle or an electric scooter.

You can quickly walk from the housing complex to the large green park adjoining the waterfront. This place is ideal for outdoor walks, jogging and sports.

Advantages of the residential complex

The residential complex is in Dubai's business centre, one of the emirate's most successful locations. Residents of the upcoming building will be able to access all the major attractions in the city quickly. For example, you can reach Downtown Dubai in five minutes from the residential complex by car or in 25 minutes on foot. There are important business centres and a massive mall in the city centre where you can find world-famous brands and visit an ice-skating rink, a giant oceanarium and various amusement parks.

Residents of the complex will also have easy access to business centres. They’ll also have a pedestrian promenade with trendy restaurants, a yacht club, ferry piers and a convenient public transport system.

Studios and apartments in the residential complex Peninsula Two

Peninsula Two studios and apartments feature stylish modern finishes and comfortable layouts. Peninsula Two offers apartments with and without balconies. The residential premises will have porcelain stoneware floors and plasterboard ceilings.

The built-in wardrobes in the bedrooms and kitchen cabinets will have a textured HPL finish. The kitchen countertop will be made of quartz, the sinks will be made of stainless steel, and the kitchen apron will be made of glossy glass. The kitchens will have a gas stove with two or four burners (depending on the apartment size), an extractor hood, a gas oven, and a refrigerator with a freezer. There’ll also be a place to connect a washing machine. The bathrooms will be equipped with stone washbasins, chrome fixtures and mirrors. The walls and ceilings in water-contact areas will be lined with porcelain stoneware.

Real estate for investment in Peninsula Two

The housing complex is conveniently located in the city centre, where luxury and high-quality amenities are available. Peninsula Two apartments and studios will be in high demand from both buyers and tenants. The project's first phase was sold out within one month after the start of sales, an indicator of its attractiveness. Foreigners can purchase housing under private ownership within the housing complex's freehold zone, significantly increasing the apartment’s liquidity.

Investors can profitably resell the apartment after the end of construction in 2024, and they’ll also be able to rent it out to receive a stable annual income. Residential real estate in Business Bay has an ROI of 5.39% annually. The minimum price for renting a small studio apartment in the business community is AED 45,000 (USD 12,500).

West Zone Fresh Supermarket
1.6 km
3.8 km
ATM machine
750 m
Burj Khalifa
3.5 km
1.9 km
Museum of the Future
5.5 km
District Business Bay

Business Bay is a large multifunctional area in Dubai, located in the central part of the city, next to the Dubai Canal. There are many business centres here, high-rise towers in modern style. There are also high-rise residential and premium-class hotel complexes along the picturesque canal embankment. The community has parks, sports centres, a promenade, a variety of restaurants and cafés, a yacht club, a shopping centre and many other exciting attractions.

The area has a well-developed transport system, and the wide highways increase the road capacity. In addition to the metro, city buses and ferries are also available for transportation.

Payment plan

Down Payment
During Construction
On Handover

Developer Select Group

25All objects of the developer
2002Founded in

Select Group is a diversified group of companies founded in 2002. The company's main activity is real estate development. Today, the company is one of Dubai's most significant private developers.

Real estate from the developer Select Group includes award-winning residential, commercial, hospitality, retail, and mixed-use properties. The developer has built Studio One, Marina Gate, The Torch, and others. The developer cooperates with well-known hotel brands, creating premium amenities and service complexes.

Contact Us
Phone number *