Peninsula Dubai Residences Tower 1: A Jumeirah 2 Apartment at a Single Price Point
H&H Development and the Project
Peninsula Dubai Residences Tower 1 is a residential apartment project by H&H Development, located in Jumeirah 2 on the Dubai shoreline. H&H is an established developer in the UAE market, and this tower sits within a broader master development that carries the Peninsula name. Tower 1 is the opening phase, with construction underway as of early 2025.
What Jumeirah 2 Actually Means for a Buyer
Jumeirah 2 is one of Dubai's original low-rise residential neighbourhoods, bordered by the beach to the west and connected to key arterials running toward Downtown and the Marina corridor. Living here puts you in a district that has historically attracted long-term residents rather than short-stay tenants, which matters if you are buying as an owner-occupier or targeting a specific rental profile.
The area has seen selective mid and high-rise development over the past decade, and Peninsula Dubai Residences is part of that gradual shift. Proximity to La Mer, City Walk, and Jumeirah Beach Road gives residents genuine walkability by Dubai standards, alongside access to schools, clinics, and retail without needing the highway for every errand. For an investor, Jumeirah 2 carries strong name recognition with tenants who value the postcode.
One Price, One Apartment
The listed price for this project is AED 7,000,000, and that figure is both the minimum and the maximum in the data. This means buyers are looking at a single apartment configuration rather than a range of unit sizes or types.
A buyer at this level is typically looking for either a primary residence with strong locational credentials or an investment asset in a high-demand neighbourhood. At seven million dirhams in Jumeirah 2, you are in the market for a well-specified apartment in a sought-after district, and the single price point suggests a deliberate positioning around one particular product rather than a broad offering.
Apartments Only
The project offers apartments as the sole property type. For buyers comparing this against villa communities or mixed-use projects, the decision is straightforward. This is an urban residential tower in a mature neighbourhood, not a gated compound. That suits buyers who want city convenience and do not need private outdoor space or a car-dependent lifestyle.
What the Amenities Say About the Resident
| Theme | Facilities |
|---|---|
| Wellness | Indoor Swimming Pool, Gymnasium |
| Outdoor Living | Landscaped Gardens |
| Family | Children's Play Area |
| Convenience | Restaurants |
| Security | CCTV Security |
The indoor pool is worth pausing on. Most projects in this segment offer an outdoor pool as standard. An indoor pool signals year-round usability and a slightly more curated wellness offer than the typical tower. Paired with a gymnasium and landscaped gardens, the amenity set points at a resident who values daily comfort over social spectacle. The children's play area and on-site dining round out a package that serves families as much as professional couples.
Getting In for 10 Percent
| Stage | Payment |
|---|---|
| Down Payment | 10% |
| During Construction | 40% |
| Handover | 50% |
Ten percent to secure the unit is on the low end for a project at this price point. On a AED 7,000,000 purchase, that is AED 700,000 to get started, with the bulk of the payment split between the construction period and handover. The structure suits buyers who want to manage liquidity during the build and are comfortable with a significant payment at the point of collection.
The heaviest single commitment comes at handover, so buyers should plan for that AED 3,500,000 disbursement in January 2029. If you are financing part of the purchase, align your mortgage approval timeline with the handover date rather than the current date.
Four Years to Handover
Construction started in March 2025 with completion scheduled for January 2029. That is approximately four years from breaking ground, which is a standard horizon for a project of this scale in Dubai. Buyers entering now are committing to an off-plan timeline, which means the 10% down payment locks in today's pricing with delivery nearly half a decade away.
For an investor, four years gives time for the surrounding area to mature further. For an owner-occupier, it requires either existing accommodation or a clear plan for the interim period.