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Peninsula Apartments in Business Bay, Dubai

Business Bay
Starting FromAED 0.89M
Type
apartment
Bedrooms
1 - 4
Developer
Completion
TBA

Premier Waterfront Living in Business Bay

Discover Peninsula by Select Group, an exclusive collection of waterfront apartments nestled along the iconic Dubai Canal in Business Bay. This unique community offers studios, 1 to 3-bedroom apartments, and spacious 1 to 4-bedroom duplexes, all designed to provide stunning water and greenery views. With prices starting from AED 886K, Peninsula represents a compelling investment opportunity in one of Dubai's most sought-after locations.

Lifestyle, Amenities, and Investment Value

Peninsula delivers a lifestyle enriched with convenience and luxury, featuring an array of retail outlets, cafes, restaurants, a mall, supermarkets, daycare centers, and pharmacies. Residents enjoy a striking promenade with jogging tracks and abundant green parks, all complemented by direct access to the Dubai Canal. The project offers a flexible payment plan with 5% on booking, 35% during construction, and 60% upon handover, anticipated in Q4 2024. Its prime location and impressive amenities make Peninsula an ideal choice for investors and residents seeking a vibrant, upscale community.

Location

Business Bay

About the Developer

Select Group

Select Group

Select Group is a leading private real estate developer in Dubai with a portfolio spanning luxury residential towers, commercial spaces, and hospitality projects. Operating since 2002, they have delivered landmark developments in prime locations including Dubai Marina, Business Bay, and Dubai Canal.

View all projects by Select Group

Frequently Asked Questions

Peninsula offers prime waterfront properties in Business Bay, a rapidly growing area with high demand, ensuring strong rental yields and capital appreciation.
Residents enjoy retail, cafes, restaurants, a mall, supermarkets, daycare, pharmacies, jogging tracks, parks, and direct access to Dubai Canal.
Situated in Business Bay, Peninsula benefits from excellent connectivity to Dubai’s key districts and easy access to major roads and metro stations.
The payment plan includes 5% on booking, 35% during construction, and 60% upon handover, which is expected in Q4 2024.

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Property Details

Property PriceAED 900,000
Down Payment20%
Annual RentAED 55,000
Surface Area (sqft)800 sqft
Service Charges (AED/sqft)15 AED/sqft

Investment Parameters

Appreciation Rate5% / year
Holding Period5 years
Mortgage Rate5%
Loan Term25 years

ROI Projections

Investment

AED 180,000

Future Value

AED 1,148,653

Capital Gain

+AED 248,653

Annual Cash Flow

-AED 7,509

Total ROI (5 years)

117.3%

16.8% annualized

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