Peninsula is a community of five waterfront-facing developments in Business Bay overlooking the water canal. Consisting of studios, three-bedroom apartments, and six-bedroom penthouses, Peninsula has homes crafted with meticulous attention to detail and adorned with exquisite finishes. The towers' design guarantees its residents an unparalleled branded living experience. Enveloped by exclusive vistas of the Dubai Canal and the iconic Burj Khalifa, every aspect of this residence is tailored to elevate the lifestyle of its inhabitants.
In Peninsula, you'll find luxury apartments for sale with large spaces, available from studios to 5 bedrooms. Luxury apartments for sale in the Peninsula come in a contemporary style, with thoughtfully designed interiors. Residents at Peninsula can enjoy an impressive array of unparalleled vistas, encompassing the majestic Burj Khalifa and the iconic Downtown skyline, the shimmering waters of the Dubai Canal, and breathtaking panoramas of the Arabian Gulf, depending on the orientation of the apartments. Peninsula offers residents access to abundant well-maintained parks, unparalleled communal sporting amenities, and a waterfront marketplace boasting an array of restaurants, cafes, and F&B outlets, along with various entertainment venues. Designed to encourage and support an active lifestyle, Peninsula provides state-of-the-art leisure facilities such as a fully equipped gym and a spectacular swimming pool.
Peninsula is a development composed of a cluster of buildings in Business Bay. Peninsula is seamlessly connected to Downtown Dubai, Dubai’s Old Town, and Dubai Marina. The development will also be directly linked to the Community Mall, a sprawling 66,000-square-foot retail centre, enhancing the communal aspect of the neighbourhood. Designed to cater to every conceivable need, the Community Mall ensures unparalleled resident convenience. An extensive array of amenities fosters a sense of ultimate ease and accessibility. With 23 individual retail units, the Community Mall offers access to anchor tenant supermarkets, beauty salons, healthcare facilities, pharmacies, convenience stores, F&B outlets, and cafes, guaranteeing all essentials for creating an exceptional community experience in the heart of this vibrant district.
Peninsula is a flagship development by Select Group, a renowned real estate developer known for delivering high-quality projects across Dubai. Select Group’s reputation for excellence is evident in every aspect of Peninsula, from its innovative design to its superior construction standards. The development, which began in 2021, is set to be completed by Q4 2024, with multiple phases that have been meticulously planned and executed. Each phase has undergone rigorous quality checks to ensure that the highest standards of construction are maintained, reflecting Select Group's commitment to delivering premium properties that meet the needs of luxury buyers.
Peninsula offers an extensive range of apartments that suit various preferences and lifestyles. The development features one, two, three, and four-bedroom apartments, each meticulously designed to offer spacious living areas and modern comforts. These units range from approximately 600 square feet for one-bedroom apartments to over 3,000 square feet for the larger four-bedroom residences, providing ample space for residents to enjoy. Within Peninsula are distinct buildings such as Peninsula One, Peninsula Two, and The Signature Collection, each offering unique characteristics and layouts to cater to different tastes. These residences boast contemporary interiors, floor-to-ceiling windows that flood the space with natural light, and balconies that provide panoramic views of the Dubai Canal and the city's stunning skyline. The attention to detail in every unit is a testament to the luxurious lifestyle that Peninsula promises its residents.
Peninsula is strategically located in Business Bay, one of Dubai’s most vibrant and sought-after districts. The development enjoys excellent connectivity to the city’s major transport networks, making it an ideal choice for those who value convenience and accessibility. Peninsula is just a short drive from Sheikh Zayed Road, Dubai’s main artery, providing easy access to critical areas such as Downtown Dubai, Dubai Marina, and Dubai International Airport, which is approximately 15 minutes away by car. The Business Bay Metro Station, one of the nearest Peninsula stations, is just a few minutes away, offering residents a seamless commute across the city. For those who prefer to travel by water, the Dubai Water Canal provides an alternative route, connecting residents to various parts of Dubai via ferry. The development also offers ample parking spaces within its premises, ensuring that residents and visitors always have convenient parking options.
Peninsula offers a luxurious and fulfilling lifestyle, with a host of amenities designed to cater to the needs of modern urban living. Residents can enjoy various facilities within the development, including a state-of-the-art fitness centre, an infinity pool overlooking the Dubai Canal, and beautifully landscaped gardens that offer a serene escape from the city’s hustle and bustle. The development is also home to several high-end retail outlets, cafes, and fine dining restaurants, providing residents with options at their doorstep. The nearby Dubai Mall, one of the world’s most prominent shopping destinations, is just a 10-minute drive away for those seeking leisure and entertainment. The Mall of the Emirates, another premier shopping destination, is also within easy reach. Additionally, Peninsula’s proximity to some of Dubai’s top nightlife spots, such as the Burj Khalifa district and DIFC, ensures that residents have access to the city’s vibrant social scene. Every aspect of Peninsula’s lifestyle offerings has been carefully curated to provide residents with an exceptional living experience in one of Dubai’s most prestigious locations.
Peninsula’s prime Business Bay location ensures residents have access to some of Dubai’s best educational and healthcare facilities. For families with children, several renowned schools are nearby, including the North London Collegiate School and Dubai International School, both of which offer world-class education and are located within a 15-minute drive from Peninsula. For younger children, the Jumeirah International Nurseries, known for its nurturing environment and comprehensive early childhood programs, is just a short drive away. In terms of healthcare, Peninsula residents can benefit from the proximity to top-tier medical facilities such as Emirates Hospital in Jumeirah and Medcare Hospital in Al Safa, both renowned for their high-quality healthcare services and located within a 10-minute drive. These facilities ensure that residents have quick and convenient access to essential services, providing peace of mind for Peninsula residents.
The service charges for apartments in Peninsula are approximately AED 14-18 per square foot.
Based on current market conditions and recent rental transactions in Business Bay, the expected rental yield for properties in Peninsula is approximately 6-7%. This makes Peninsula an attractive investment for those seeking a steady rental income.
