Projects in Peninsula

Peninsula, Business Bay: Canal-Facing Towers With a Single Builder Behind Them

Peninsula is a defined subdistrict along the Dubai Water Canal, sitting within Business Bay. Select Group developed the entire cluster, delivering a consistent build standard across the five projects here. For buyers, that means less developer comparison and more attention to unit type, floor, and view orientation.

Where AED 1 Million Is the Median

The median price across Peninsula is AED 1,011,285, with entry at AED 980,223. The base range is tight. The top end, AED 10,052,751, is driven by the penthouse category rather than the standard inventory.

Apartments form the bulk of the offering and suit both investors and owner-occupiers looking for a canal-area address at a manageable price. Duplexes attract buyers who want more vertical space within the same subdistrict. The penthouse sits at a distinct tier, in both price and buyer profile.

Scheduled completions ran from December 2024 through February 2026, both now in the past. Buyers should verify current handover status directly, as units across the cluster may already be complete and available for transfer or occupancy. The 5% minimum down payment applied to off-plan entries; with completions passed, financing terms will depend on where each project currently stands.

None of the projects carry post-handover payment plans, so buyers using payment structures need to account for full settlement at or before the handover milestone.

Amenities across the cluster include a shared pool, concierge, children's play area, barbecue facilities, and a pets-allowed policy. That combination points toward an owner-occupier base and long-term tenants rather than short-stay investors. Covered parking and central A/C are standard across the towers, which matters for tenants weighing running costs.