The Peninsula Five 2Business Bay
2,075,000 AEDmarket
2,552 AED/ft²
Delivered: Q4 2024
Completed
The Peninsula Five 2
Business Bay
1 - 4 BedsApartment
Launch price
1,430,000 AED
Booking
5%
Booking
Construction
35%
Construction
Handover
60%
Handover
Local Information
-- to
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 Analysis for The Peninsula Five 2
Apartment
1 B/R
42%
144 units
698 – 1,434 ft²
No market history available yet
Starting price
1.43M
1,803 /ft²
Current price
2.08M
2,552 /ft²
Every bedroom
priced differently.
All chartsLaunch curvesLive comparables
Price History for The Peninsula Five 2
| Date | Price | Type | Beds | |||
|---|---|---|---|---|---|---|
| 21 Jan 2026 | 2,250,000 | Apartment | 1 B/R | 844 ft² | — | 2,666 |
| 12 Jun 2025 | 1,900,000 | Apartment | 1 B/R | 779 ft² | — | 2,439 |
21 Jan 2026
2,250,000
1 B/RApartment
844 ft²
—
2,666
12 Jun 2025
1,900,000
1 B/RApartment
779 ft²
—
2,439
A little more context
changes the read.
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Showing 2 most recent sales transactions
What's Available for The Peninsula Five 2
| Unit # | Type | Beds | From | Built-up | Int. Area | Ext. Area | Floor |
|---|---|---|---|---|---|---|---|
No units to display | |||||||
No units to display
Price Trends
For units in Business Bay
Comparable Buildings in Business Bay
Assigned Schools
Affordability
Contact datahabibi
FAQ
The Peninsula Five 2 is designed for investors and end-users seeking a premium waterfront lifestyle within a master-planned community. Its mix of tower apartments and canal-front duplexes caters to those prioritizing proximity to Downtown Dubai and the Dubai Canal.
The building offers residents access to a 36-storey tower featuring a swimming pool, kids' pool, sauna, steam room, and a basketball court. These facilities are part of a larger waterfront master plan that includes landscaped gardens and communal sporting areas.
This development is situated within the Peninsula master development in Business Bay. This location is a designated freehold area, providing residents and investors with full ownership rights in a central district known for its proximity to the Dubai Canal and Downtown Dubai.
The tower is located in Business Bay, which is served by the Business Bay Metro Station on the Red Line. Residents can access the metro and various RTA bus routes that connect the community to major employment and retail hubs across the city.
