Rosewood Residences: H&H Development's Ultra-Prime Apartment in Peninsula
Rosewood Residences is a residential development by H&H Development, positioned in the Peninsula sub-district of Business Bay, Dubai. The project offers apartment units at a single, fixed price of AED 32,800,000. There is no range, no lower entry tier. One price, one product, one buyer profile.
This is a project for a very specific buyer. The price point communicates what the building is trying to be and who it is for.
Peninsula, Business Bay: The Location Context
Peninsula is a distinct enclave within Business Bay. It sits on a finger of land that extends into the Dubai Water Canal, giving it canal frontage on multiple sides. Downtown Dubai and the Burj Khalifa are a few minutes by car to the west. Dubai International Airport is roughly 20 minutes east.
Business Bay was developed primarily as a commercial district, but the mix has shifted. High-end residential towers, hotels, and retail now sit alongside the original office buildings. The Dubai Canal promenade runs through the district, giving residents pedestrian access along the water.
Peninsula's position at the canal-fronted end of Business Bay gives it a geographic distinction within the district. Buyers choosing between central Dubai sub-markets will find the water frontage a meaningful differentiator compared to the rest of Business Bay.
For daily life, Downtown Dubai, the DIFC, and the central retail corridor are all within a short drive. The canal promenade provides direct outdoor access from the district. This suits a buyer who wants central Dubai positioning alongside direct waterfront access.
AED 32.8 Million: One Price, One Product
The asking price is AED 32,800,000. One number, fixed. This is a single apartment offering at a defined price.
At that level, the project sits at the top of the Dubai apartment market. The buyer here is acquiring a high-end primary residence or a long-term capital asset. The price, the Peninsula address, and the hotel-grade amenities together position this squarely in the super-prime segment. There is no ambiguity about the target buyer.
What's in the Building
| Category | Amenity |
|---|---|
| Safety | CCTV Security |
| Wellness and Hospitality | Hotel and Spa Facilities |
| Building Services | High Speed Elevators |
Three amenities are listed. The standout is hotel and spa facilities. At a price of AED 32.8 million, this signals a full-service residential operation: staffed facilities, managed operations, and hotel-adjacent service quality rather than a self-managed apartment building.
CCTV security provides building-wide monitoring. High-speed elevators address a practical dimension of daily life: vertical circulation in a residential tower affects the everyday experience, and calling it out directly suggests the developer treats it as part of the service proposition.
Three items is a lean list. It points to a deliberately boutique building that has concentrated on a smaller number of high-quality shared facilities rather than a broad amenity stack. For a buyer at this price point, the quality and management of a few facilities matters more than having access to many. A hotel-run spa and a consistently managed building are harder to replicate than a long inventory of features.
Construction and Handover
Construction started in August 2025. Expected completion is November 2029.
For an off-plan buyer entering today, that is approximately three and a half years of construction remaining. The project is at an early stage. Structural work will run through 2026, with MEP installations and fit-out following from 2027 through to handover in late 2029. The full build cycle from groundbreak to completion runs just over four years.
The November 2029 date is the governing timeline from contract to keys. Buyers entering at this stage are committing to a 41-month construction window before taking possession, which is the key planning horizon for anyone transacting on this project today.