Apartment by SELECT GROUP “Peninsula Two”

AED 1,380,000

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Vector icon Studio Vector icon 1 Bath Vector icon 391 sqft

Business Bay

Daria
Daria Property broker

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Peninsula Two Studio Apartment in Business Bay — Water View

A compact studio in Peninsula Two, Business Bay, offering direct canal views from one of the district’s most anticipated addresses. Scheduled for handover in January 2026, the unit is suited to investors seeking a high-yield rental asset or end-users who want a foothold in central Dubai before the building completes.

Unit Features:

– Studio apartment
– 391 ft² / 36 m²
– Canal view
– Off-plan, handover January 2026
– Business Bay location

Complex Amenities:

– Waterfront promenade access
– Swimming pool
– Fitness centre
– Retail and dining at podium level
– Landscaped communal areas

Architecture & Concept:

Peninsula Two is part of a master-planned waterfront cluster by Select Group, designed around the Dubai Canal edge. The tower’s facade and layout prioritise natural light and water-facing aspects. Interiors follow a contemporary residential standard consistent across the Peninsula series.

About the Developer:

Select Group is a Dubai-based developer with a track record spanning over two decades and several delivered waterfront projects across Business Bay and beyond.

Location & Benefits:

– Business Bay, central Dubai
– Minutes from Downtown Dubai and Burj Khalifa
– Dubai Mall within a short drive or walk along the canal
– Close to Sheikh Zayed Road and Al Khail Road interchange
– Metro connectivity via Business Bay station
– Strong rental demand from corporate and professional tenants
– Established dining, retail, and hospitality corridor nearby

Investment Appeal:

– Business Bay ranks among Dubai’s highest-demand rental districts
– Canal-facing studios command consistent occupancy rates
– January 2026 handover allows near-term rental deployment
– Studio entry point broadens the pool of eligible buyers on resale
– Waterfront inventory in this corridor remains limited relative to demand
– Comparable canal-view product in the submarket supports value retention

Frequently Asked Questions:

Q: When is the handover date for this unit?
A: The unit is scheduled for handover in January 2026.

Q: Does the studio have a canal view?
A: Yes, the unit faces the Dubai Canal directly.

Q: Is this unit suitable for short-term rental after handover?
A: Business Bay permits short-term rental operations subject to DTCM registration, and the project’s central waterfront location makes it a practical candidate for that strategy.

To find out more or arrange a viewing, please submit your enquiry using the 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

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