Select Group · Business Bay

Peninsula Two

• Apartments

Bedrooms

Studio–2 BR

Size

339–965 sqft

Payment plan

On request

Completion

Pre-launch

Available

On request

Handover

2029-01-08

About Peninsula Two

Tower Design & Unit Mix

Peninsula Two is a 36-storey residential tower in Business Bay, offering studios and 1 and 2-bedroom apartments across 102 units. Studios range from 339 to 452 sq ft, one-bedroom apartments from 570 to 690 sq ft, and two-bedroom apartments from 904 to 965 sq ft. The tower sits within the larger Peninsula master-planned community, which is surrounded by the Dubai Canal on three sides, giving a significant proportion of units direct waterfront sightlines.

Interior specifications are practical and durable: porcelain tile flooring throughout, gypsum board ceilings, quartz countertops, glass backsplashes, gas hobs, and textured HPL wardrobes. Bathrooms feature stone washbasins, chrome-plated fittings, and porcelain-tiled wet zones. The building uses the Empower district cooling system and includes electric vehicle charging ports and bike stands.

Amenities & Building Facilities

The tower includes a 2,066 sq ft fully equipped gym on the second floor and a 205 sq m outdoor swimming pool at 1.2 m depth. A spacious communal lobby with fitted power points, CCTV, fire alarm, main intercom, and audio intercom at lobby level complete the building-level offering.

Residents have ground-floor access to The Community Mall at Peninsula Two, a 66,000 sq ft retail podium containing 23 units covering supermarkets, fashion retail, salons, pharmacies, and a broad range of food and beverage outlets. This on-site retail provision removes the need to drive for day-to-day essentials.

Peninsula Master Community

Peninsula is Select Group's first master-planned, community-focused waterfront development in Business Bay. The broader community in Dubai includes manicured parks, squash, tennis and basketball courts, a skate park, and dedicated walking and cycling tracks. Peninsula Promenade, directly on the Dubai Canal waterfront, provides an outdoor cinema, events venue, concert space, an art park, and pop jet fountains with direct views toward the Burj Khalifa.

Select Group was founded in 2002 and has delivered over 7,000 homes across more than 13.5 million sq ft of built-up area. Its portfolio spans residential, commercial, hospitality and mixed-use projects across the UAE, Croatia, Germany and the UK, with a combined gross development value exceeding AED 17 billion.

Investment Case

Business Bay consistently ranks among Dubai's highest-transaction residential sub-markets, driven by proximity to Downtown Dubai, the DIFC financial hub, and strong corporate occupier demand. Peninsula Two's waterfront positioning within a master community gives it a structural differentiation from the many standalone Business Bay towers nearby. With a DLD-registered handover date of January 2029 and construction underway, buyers are acquiring at an early stage of a multi-building masterplan that continues to add amenity value as subsequent phases complete. Investors seeking long-term UAE residency may also explore the UAE Golden Visa through the Dubai property pathway, with qualifying purchases when they buy property in Dubai Peninsula potentially supporting eligibility depending on current visa requirements and investment thresholds.

Key highlights

• 36-storey tower, 102 units: studios and 1 and 2-bedroom apartments
• Studios from 339 sq ft, 2-bedroom apartments up to 965 sq ft
• Surrounded by Dubai Canal on three sides with downtown skyline views
• On-site 66,000 sq ft community mall with 23 retail and F&B units
• 2 km from Business Bay Metro Station, Dubai Mall, and Burj Khalifa
• Empower district cooling, EV charging, and bike storage included

Why this project

• 36-storey waterfront tower in Business Bay's only master-planned canal community, 2 km from the Burj Khalifa.

Amenities

• •2
• •066 sq ft gym
• •outdoor swimming pool
• •communal lobby
• •electric vehicle charging ports
• •bike stands
• •CCTV and fire alarm systems
• •Empower district cooling
• •The Community Mall (66

Location

Connectivity & Key Distances

Peninsula Two sits in Business Bay, directly accessible from Sheikh Zayed Road, First Al Khail Street, and Marasi Drive. The Business Bay Metro Station is 2 km away (approximately 7 minutes by car), and Dubai Mall and the Burj Khalifa are also within 2 km. Dubai International Airport is 15 km away, approximately 16 minutes by car. The development is also served by Dubai Water Taxi from the canal-side promenade.

Nearby Destinations

DIFC is 6 km away and reachable in around 12 minutes, making Peninsula Two a practical base for finance-sector professionals. Dubai Design District (d3) is also 6 km away. Jumeirah Beach is 9 km from the development, and La Mer is 12 km. Ras Al Khor Wildlife Sanctuary, a flamingo reserve, is 9 km away, offering an accessible natural counterpoint to the urban setting.