Peninsula Two in Business Bay - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for off-plan (pre registration and delayed sell) properties in Peninsula Two

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
Studio	37	30,879	1,153,333
1	58	28,915	1,676,667
2	86	27,679	2,380,000

The price of an apartment in Peninsula Two is 28,394 AED/sqm on average.

Price for off-plan Studio apartment in Peninsula Two is 1,153,333 AED or 30,879 AED/sqm.
Price for off-plan 1 bedroom apartment in Peninsula Two is 1,676,667 AED or 28,915 AED/sqm.
Price for off-plan 2 bedroom apartment in Peninsula Two is 2,380,000 AED or 27,679 AED/sqm.

About Peninsula Two

'Peninsula Two' in 'Business Bay' area project description

Peninsula Two is an impressive addition to Dubai's prestigious Business Bay area, epitomizing modern urban living with a blend of luxury, convenience, and cutting-edge design. Developed by Select Group, a renowned player in the UAE's real estate market, this development aims to redefine the concept of waterfront living with its unique positioning and extensive range of amenities.

Located strategically in the heart of Business Bay, Peninsula Two benefits from its proximity to the Dubai Canal, offering residents stunning waterfront views and easy access to a thriving commercial and leisure district. The project consists of two elegantly designed towers featuring state-of-the-art architecture and top-quality finishes that cater to a discerning clientele. Each unit within these towers is meticulously crafted to maximize space and natural light, creating a bright, airy atmosphere that epitomizes contemporary living.

Accommodation options in Peninsula Two are diverse, ranging from stylish studios to expansive three-bedroom apartments. These units are designed with a keen eye for detail, featuring modern kitchens equipped with high-end appliances, spacious living areas, and private balconies that provide breathtaking vistas of the Dubai skyline or the tranquil canal waters.

Beyond individual residences, Peninsula Two offers a plethora of amenities that enhance the lifestyle of its residents. The development features an infinity-edge swimming pool, a fully equipped fitness center, and dedicated children’s play areas, ensuring that there is something for everyone. The inclusion of landscaped gardens and promenades around the canal further enriches the living experience, providing serene spots for relaxation and leisure.

Connectivity is another strong suit of Peninsula Two. Residents enjoy easy access to Sheikh Zayed Road and the Dubai Metro, making commuting to other parts of the city seamless. Additionally, some of Dubai’s most iconic landmarks, such as the Burj Khalifa, The Dubai Mall, and the Dubai Opera, are just minutes away, offering endless entertainment, dining, and shopping options.

Sustainability is also a key focus of the Peninsula Two project. The development incorporates environmentally friendly features such as energy-efficient lighting and cooling systems, as well as green building materials to minimize its ecological footprint.

Peninsula Two promises a vibrant community atmosphere, combining the dynamic energy of Business Bay with the tranquility of waterfront living. It is an ideal destination for professionals, families, and investors seeking a high-quality, modern living experience in one of Dubai's most sought-after districts.

Q&A on Peninsula Two

What are the advantages of 'Peninsula Two' project in Dubai for property buyers? What are the disadvantages?

Advantages:
1. Prime Location: Situated in Business Bay, one of Dubai's most vibrant business districts, which offers proximity to key locations like Downtown Dubai and DIFC.
2. Waterfront Views: With its location on a peninsula, many units offer stunning waterfront views of the Dubai Canal, adding significant aesthetic and monetary value.
3. Modern Amenities: High-end amenities such as fitness centers, swimming pools, retail outlets, and landscaped gardens enhance the comfort and lifestyle of residents.
4. High ROI Potential: Business Bay is a high-demand area for both renters and buyers, providing strong potential for capital appreciation and rental income.
5. Quality Construction: Developed by Select Group, known for delivering high-quality, luxury projects.
6. Accessibility: Excellent connectivity to major highways, public transportation, and Dubai International Airport.

Disadvantages:
1. High Price Point: Luxury amenities and prime location come with a premium price, which may not suit all budgets.
2. Construction Noise: Ongoing development in Business Bay means that construction noise and traffic could be an issue.
3. High Density: Being a commercial and residential hub, Business Bay can be crowded, potentially affecting the serene experience.
4. Maintenance Costs: Premium properties often come with higher maintenance fees, which can be a recurring financial commitment.
5. Market Volatility: Real estate in Dubai can be subject to market fluctuations, which may affect property values and rental yields.

What projects are better than 'Peninsula Two' project in Dubai which are located close by, and why?

1. The Opus by Omniyat
- Architectural Design: Designed by the renowned architect Zaha Hadid, the building's futuristic design is a standout feature.
- Mixed-Use Development: Offers a blend of commercial, residential, and hotel spaces.
- Amenities: State-of-the-art facilities, including fine dining, retail outlets, and luxury residential units.

2. Paramount Tower Hotel & Residences
- Hollywood-themed Luxury: Branded by Paramount Hotels, it offers a unique, entertainment-themed lifestyle.
- Facilities: Top-tier amenities including a rooftop infinity pool, wellness center, and exclusive movie screening rooms.
- Strategic Location: Proximity to Burj Khalifa, Dubai Mall, and key transport links.

3. The Residences at Dorchester Collection
- Exclusive Living: Managed by Dorchester Collection, known for luxury hospitality.
- Luxury Details: High-quality finishing with bespoke interiors.
- Personalized Services: Residents have access to exclusive services including a dedicated concierge team.

4. SLS Dubai Hotel & Residences
- High-End Interiors: Designed with contemporary flair and luxury materials.
- World-class Facilities: Includes rooftop pools, fitness centers, and restaurants offering panoramic views.
- Lifestyle: Incorporates art, theater, and culinary experiences curated by renowned chefs and artists.

5. Aykon City
- Integrated Development: Includes office spaces, residential units, a luxury hotel, and serviced apartments.
- Prime Location: Situated along Sheikh Zayed Road, offering easy access to Downtown Dubai and DIFC.
- Reputable Developer: Developed by DAMAC Properties, known for luxurious and ambitious projects.

6. Imperial Avenue
- Sustainability: Uses intelligent design principles including solar panels and water purifiers.
- Luxurious Amenities: Infinity pool, children's play area, fitness center, and more.
- Spacious Units: Offers larger unit sizes with high ceilings and expansive views.

7. Volante Tower
- Exclusivity: Contains just 45 apartments, ensuring low density living.
- High-end Specifications: Includes bespoke finishes, large terraces, and high-end appliances.
- Luxury Amenities: Clubhouse, infinity pool, private elevators, and personal concierge services.

Each of these projects stands out in terms of architecture, amenities, exclusivity, and overall living experience, offering alternatives that might appeal to those looking for something different or more luxurious compared to 'Peninsula Two'.

What are the closest schools to 'Peninsula Two' project in Dubai?

- North London Collegiate School Dubai: Located at Sobha Hartland, approximately a 15-minute drive from the Peninsula Two project.

- Hartland International School Dubai: Also situated in Sobha Hartland, Hartland International is around a 15-minute drive from Business Bay.

- Repton School Dubai: Located in Nad Al Sheba, it is about a 20-minute drive from the Peninsula Two area.

- Dubai International School Al Quoz: Situated in the Al Quoz area, it is approximately a 10 to 15-minute drive from Business Bay.

- GEMS Wellington Primary School: Found in the Al Satwa area, this school is roughly a 15-minute drive from the Peninsula Two development.

- Dubai Scholars Private School: Located in Al Twar, this school is approximately a 25-minute drive from Business Bay.

- Swiss International Scientific School: Located in Al Jaddaf, it takes about 15 to 20 minutes to reach from Peninsula Two in Business Bay.

What are the closest medical clinics to 'Peninsula Two' project in Dubai?

- Emirates Hospital Clinics - Business Bay: Located at 7, Marasi Drive, Parklane Tower.

- Life Medical Clinic: Positioned at Westburry Tower 1, Al Abraj Street.

- Medcare Hospital: Situated on Sheikh Zayed Road, nearby Al Safa Park.

- Aster Clinic - Business Bay: Found at Bay Avenue Mall, Executive Towers.

- Mediclinic Parkview Hospital: Located on Umm Suqeim Street, near Junction 3 on Sheikh Zayed Road.

- Business Bay Medical Center: Based in Clover Bay Tower on Al Abraj Street.

- Genesis Healthcare Center: Located in Aspect Tower, Executive Towers.