Peninsula FiveBusiness Bay

1,450,000 AEDmarket

2,763 AED/ft²

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Delivered: Q4 2024

Completed

Peninsula Five

Business Bay

Studio, 1 - 4 BedsApartment

Launch price

914,000 AED

Payment Plan: 5/35/60

Peninsula Five

Business Bay

Studio, 1 - 4 BedsApartment

Launch price

914,000 AED

Payment Plan: 5/35/60

Peninsula Five

Business Bay

by Select Group

Booking

Construction

35%

Construction

Handover

60%

Handover

Local Information

Description

Peninsula Five offers luxury apartments for sale in Business Bay, a completed multi-building complex by Select Group. The development features 354 apartments, encompassing studios, 1, 2, 3, and 4-bedroom units, alongside exclusive waterfront duplexes. The main residential tower rises 36 storeys, providing expansive views of the Dubai Water Canal, the iconic Burj Khalifa, and the vibrant Downtown Dubai skyline. Select Group commenced construction in January 2022, with the project reaching completion and handover in December 2024. Situated directly on the Dubai Water Canal, Peninsula Five is part of the larger Peninsula master-waterfront community. It offers convenient access to the Business Bay Metro Station and major thoroughfares like Sheikh Zayed Road. Nearby attractions include the Dubai Mall and Bay Avenue Mall, ensuring a sophisticated urban living experience. This development was designed with premium finishes and thoughtful layouts.

Price History for Peninsula Five

Comparable Projects in Business Bay

Project	Price per ft²	Construction	Handover	Developer
Marriott Residences Business BayFortune 5 1,975 AED/ft² 100% Q4 2024	Marriott Residences Business Bay	1,975 AED/ft²	100%	Q4 2024
RegaliaDeyaar 1,475 AED/ft² 100% Q4 2024	Regalia	1,475 AED/ft²	100%	Q4 2024
The ParagonInvest Group Overseas 1,766 AED/ft² 100% Q4 2024	The Paragon	1,766 AED/ft²	100%	Q4 2024
Canal BayNED Properties 1,763 AED/ft² 100% Q4 2024	Canal Bay	1,763 AED/ft²	100%	Q4 2024
Peninsula TwoSelect Group 1,721 AED/ft² 100% Q3 2024	Peninsula Two	1,721 AED/ft²	100%	Q3 2024

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Unit Plot Map for Peninsula Five

What's Available for Peninsula Five

Unit #	Type	Beds	From	Built-up	Int. Area	Ext. Area	Floor
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Price Trends

For units in Business Bay

Affordability

Assigned Schools

Neighborhood Overview

Business Bay

247 Buildings For You

Buy: AED 112K - 550.0M

YoY Price Change: +5.4%

Gross Yield: No rental data available yet

Neighborhood stats provided by Dubai Land Department.

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FAQ

Peninsula Five reached completion and handover in December 2024. This timeline aligns with the project's original delivery schedule set by the developer, Select Group.

The project features a total of 354 apartments, offering a range of studios, 1, 2, 3, and 4-bedroom units. The project also includes exclusive waterfront duplexes designed to maximize views of the Dubai Water Canal.

This development is situated directly on the Dubai Water Canal as part of the larger Peninsula master-waterfront community in Business Bay. Its location provides residents with access to major thoroughfares like Sheikh Zayed Road and proximity to the Business Bay Metro Station.

Select Group is the developer behind Peninsula Five. Established in 2002, the company has a track record of delivering various residential and mixed-use projects across Dubai, including other towers within the Business Bay area.