Peninsula
by Select Group
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…
Project Overview
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.
Project Highlights
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
Project Details
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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
About 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…
Visit Business Bay PageInvestment Potential
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.
Market Context
- 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.
Flexible Financing Options
- Low Down Payment
- Developer Payment Plans
- Post-Handover Plans
- Mortgage Assistance
- Interest-Free Installments
- Resident & Non-Resident Financing
About the Developer
Select Group
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,…
View Developer Profile
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Frequently Asked Questions
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.
No. Our service is completely free for buyers — we are compensated by the developer. You only pay the standard property costs, such as the 4% DLD registration fee.
Yes. Foreign nationals can buy freehold property with 100% ownership in Dubai's designated freehold areas, with no residency requirement.
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.
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.
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.
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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