Jumeirah Living Business Bay: Select Group's Peninsula Address at 5% Down
Select Group delivers Jumeirah Living Business Bay on the Peninsula within Business Bay. The project runs from AED 8,435,140 to AED 47,300,000, a range wide enough to tell its own story before anything else.
What the Price Spread Tells You
The gap between floor and ceiling is roughly AED 38.9 million. That is not price inconsistency. It reflects three distinct product types sharing one building.
Two-bedrooms start at AED 8.4 million. Three-bedrooms open at AED 11.1 million. Four-bedrooms begin at AED 18.3 million. A five-bedroom duplex starts at AED 27.1 million. The penthouse caps at AED 47.3 million. Each tier targets a different buyer with a different life stage and budget.
Apartments, Duplexes, and Penthouses
Three property types are available:
- Apartments: Two, three, and four-bedroom configurations from AED 8.4 million to AED 18.3 million
- Duplexes: Five-bedroom, two-floor homes from AED 27.1 million
- Penthouses: Five-bedroom crown unit at AED 47.3 million
The two and three-bedroom apartments suit investors targeting the Business Bay rental market or buyers wanting a city-centre address. The four-bedroom and five-bedroom duplex configurations serve families who need room without leaving the urban core. The penthouse is a single-unit proposition for a buyer who wants the building's top floor.
Peninsula, Business Bay
Business Bay sits at the centre of Dubai's urban core, close to Downtown, with highway access toward both the airport and Marina. Peninsula is a defined sub-community within Business Bay, with waterfront proximity and a more contained residential feel compared to the broader commercial district.
The location makes practical sense for end-users commuting across Dubai and for investors seeking a central address with a broad tenant pool.
26 Amenities
| Category | Amenities |
|---|---|
| Fitness & Wellness | Gymnasium, Shared Gym, Shared Spa, Shared Pool, Children's Pool |
| Private Comforts | Private Pool, Private Jacuzzi, Private Garden, Balcony, Walk-in Closet |
| Services | Concierge, Maid Service, Security, Covered Parking |
| Home Features | Built-in Wardrobes, Maids Room, Kitchen Appliances, Central A/C |
| Views | View of Water, View of Landmark |
| Social | Restaurants, Barbecue Area, Children's Play Area, Lobby in Building |
| Other | Pets Allowed, Vastu-compliant |
Twenty-six amenities is a substantial list. The private pool, private jacuzzi, and private garden are included in select unit configurations, as are concierge and maid service across the building. This is a fully managed residential product. The Vastu-compliant designation reflects a deliberate positioning choice by the developer. The resident this building suits is someone who expects on-site services and views and does not want to leave the building for day-to-day needs.
Completion: December 2025
Construction began in June 2022. The expected completion date was December 2025, which has now passed. The project is at or past handover.
Getting In for 5%
| Stage | Percentage |
|---|---|
| Down payment | 5% |
| During construction | 35% |
| Handover | 60% |
A 5% down payment sets a low entry bar. On a two-bedroom at the base price of AED 8.4 million, that is roughly AED 422,000 to start. The payment schedule then runs 35% during construction, with the remaining 60% due at handover. Most of the purchase cost lands at a single point. Buyers using mortgage financing need their loan approved and ready before the handover date.