Peninsula Two Studio Apartment in Business Bay — High-Demand Rental Location

A ready studio in Peninsula Two places you immediately inside one of Dubai’s most connected waterfront addresses

Business Bay continues to draw both end-users and investors, and a unit in this completed tower means no waiting period — possession is straightforward and rental income can begin at once.

The building sits along the Dubai Canal, offering residents direct access to the waterfront promenade and a short commute to Downtown Dubai and the DIFC financial district. The area’s dense population of working professionals sustains strong year-round rental demand, making this an efficient entry point into the Business Bay market.

Unit Features

– Studio apartment
– 416 ft² / 39 m²
– Low floor
– Ready to move in
– Business Bay, Dubai Canal address

Complex Amenities

– Swimming pool
– Fully equipped gymnasium
– Retail and dining at podium level
– Landscaped waterfront promenade access
– Covered parking
– 24-hour security and concierge

Architecture & Concept

Peninsula Two is part of the broader Peninsula master development by Select Group, designed as a cluster of mid-to-high-rise towers along the Dubai Canal waterfront. The architecture emphasises clean lines, glass facades, and canal-facing orientations. Communal spaces are planned to integrate indoor and outdoor living along the water’s edge.

About the Developer

Select Group is a Dubai-based developer with a track record spanning residential, hospitality, and mixed-use projects across the UAE and internationally. Peninsula is among their flagship canal-front developments in Business Bay.

Location & Benefits

– Business Bay, central Dubai
– Approximately 5 minutes to Downtown Dubai and Burj Khalifa
– Approximately 10 minutes to DIFC
– Dubai Canal waterfront promenade on the doorstep
– Metro access via Business Bay station
– Sheikh Zayed Road connectivity for city-wide travel
– High concentration of corporate offices, hotels, and F&B within walking distance

Investment Appeal

– Sustained rental demand from professionals working in Business Bay and DIFC
– Completed status allows immediate tenancy and income generation
– Studios in Business Bay consistently rank among the most liquid unit types in Dubai
– Canal-front positioning supports above-average capital value retention
– Competitive entry price relative to comparable waterfront stock in the district

Frequently Asked Questions

Q: Is the unit ready for immediate occupancy or rental?
A: Yes, Peninsula Two is a completed project and the unit can be handed over and tenanted without delay.

Q: What type of tenant typically rents studios in Business Bay?
A: The primary tenant profile is young professionals and corporate employees drawn by proximity to DIFC, Downtown Dubai, and the canal-side lifestyle.

Q: Is there a service charge applicable to this unit?
A: Yes, as with all freehold apartments in Dubai, an annual service charge applies; the exact figure can be confirmed through the developer’s records or the DLD.

Enquire via the form on this page to receive full details and arrange a viewing at your convenience.