Apartment by SELECT GROUP “Peninsula Two”

AED 1,300,000

Share Share
Vector icon Studio Vector icon 1 Bath Vector icon 408 sqft

Business Bay

Daria
Daria Property broker

Get in touch with broker using email, phone or WhatsApp. It’s free and does not require any commitment from your side

Peninsula Two Studio Apartment in Business Bay — High Floor

Business Bay remains one of Dubai’s most active residential and commercial corridors, and Peninsula Two places residents at the heart of that energy along the Dubai Canal waterfront. This studio on a high floor suits owner-occupiers seeking a compact, well-located base and investors targeting the district’s strong short- and long-term rental demand.

Unit Features:

– Studio apartment
– 408 ft² / 38 m²
– High-floor position
– Canal-facing district
– Unfurnished, ready to configure
– Resale, secondary market

Complex Amenities:

– Waterfront promenade access
– Swimming pool
– Fully equipped gymnasium
– Retail and dining at podium level
– Landscaped communal areas
– Covered parking

Architecture & Concept:

Peninsula Two is part of Select Group’s master-planned Peninsula cluster, a series of mid-to-high-rise towers arranged along the Dubai Canal in Business Bay. The design prioritises clean contemporary lines, double-height lobby volumes, and integrated waterfront walkways that connect residents directly to the canal promenade.

About the Developer:

Peninsula Two was developed by Select Group, a well-established regional developer with a track record of delivered residential and mixed-use projects across Dubai and internationally.

Location & Benefits:

– Business Bay, Dubai Canal waterfront
– Approximately 5 minutes to Downtown Dubai and Burj Khalifa
– Approximately 10 minutes to Dubai International Financial Centre
– Approximately 20 minutes to Dubai International Airport
– Metro access via Business Bay station
– High walkability with canal-side retail and dining within the complex

Investment Appeal:

– Business Bay records consistently high rental occupancy for studio units
– Canal-facing address supports strong short-term rental yields
– Ongoing district infrastructure and densification drive capital appreciation
– High-floor studios in Peninsula Two represent competitive entry into a liquid, sought-after submarket
– Resale stock in this cluster moves quickly given end-user and investor demand

Frequently Asked Questions:

Q: Is the unit currently tenanted or vacant?
A: Please enquire directly for the current occupancy status, as this can be confirmed by the listing agent.

Q: What is the service charge rate for Peninsula Two?
A: Service charge rates are set by the developer and registered with RERA; exact figures can be provided upon request.

Q: Are short-term holiday-home rentals permitted in this building?
A: Business Bay is a designated area where short-term rentals are generally permissible subject to DTCM licensing; buyers should verify current building-specific rules before proceeding.

To find out more or to arrange a viewing, please use the enquiry form on this page.

Property information

Handover Date

June 24, 2025

Property Type

Apartment

Ownership Type

Freehold

Building Information

Building name

SELECT GROUP “Peninsula Two”

Amenities

  • BBQ
  • Basketball court
  • Children’s pool
  • Concierge Service
  • Covered gym
  • Coworking zone
  • Dining outlets (coffee houses & restaurants)
  • Landscaped garden
  • Leisure areas
  • Lift
  • Lobby
  • Meditation zone
  • Retail outlets
  • SPA
  • Security and CCTV
  • Shared Pool
  • Shared gym & fitness
  • Tennis court
Select Group
Select Group View developer

Location

Contact broker to learn more and get special offers.