

Property Type
Apartment
Handover Date
Q4 2024
Project Description
Peninsula Five at Business Bay is an iconic masterpiece of luxury living, proudly presented by Select Group, boasting an exquisite collection of premium studios, 1, 2, 3, and 4-bedroom apartments and lavish duplexes. This magnificent 36-storey residential tower rises high in the... Read More
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Payment Plan
Deposit
Upon reservation agreement signing
5%
1st Installment
2 months after contract signing
10%
2nd Installment
6 months after contract signing
15%
3rd Installment
6 months after contract signing
10%
4th Installment
On completion
60%
Project Status!Last inspected13 Jan 2025
Project Status
Finished
Completion %
100%
Construction Start Date
2022-01-15T00:00:00.000Z
Construction End Date
2024-12-15T00:00:00.000Z
Completion Date
2024-12-15T00:00:00.000Z
* Information above is for reference only and may change. Please verify with the relevant regulatory authority before making any decisions.
Location
Area Valuation
District
Nearby Landmarks
Airport
Dubai International Airport
1 hr 1 min
drive
Shops and Convenience Stores
Unicity Global
4 min
walk
Unicity Dubai
5 min
walk
Marasi Promenade
8 min
walk
ZOOM
6 min
drive
Restaurants and Cafes
Jabbour Restaurant Business Bay
1 min
walk
Pak Jinnah Sweets & Restaurant Business bay Branch
2 min
walk
SACHI Sushi and More
4 min
walk
Healthcare Facilities
Perfect Smile Dental Center
6 min
walk
Schools and Education
Maple Bear Pre School, Dubai
4 min
walk
Language Skills
4 min
walk
Transport and Airports
Dubai International Airport
29 min
drive
Master Plan
Layouts

Amenities and Facilities
Restaurant
Outdoor swimming pool
Children's Pool
Gym
Security
CCTV Security system
Yoga classes
Lounge area for residents
Children's Play Area
Concierge Service
Tennis court
Stores in the house
Space to work
Central Conditioning
Finishings & Interiors
The development is designed by world - leading architectures that showcase its beautiful proportion and finishing to the highest standard . The interiors will offer you extraordinary finishing and fittings to celebrate the extraordinary vistas of the Dubai Skyline .
Other Important Details!Last inspected13 Jan 2025
Project Description
Tower Building Basem... Read More
Escrow Account Number
0204977502016
Escrow Agent
Emirates NBD Bank PJSC
Zoning Authority
2
Number of Units
383
Number of Buildings
3
* Information above may change. Please verify with the relevant regulatory authority before making any decisions.
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Developer Name
Select GroupDeveloper Country
United Arab Emirates
Year Entered Real Estate
2002
Number of Projects
27
Off-plan Projects
1
Number of Units Delivered
8576
About
Headquartered in Dubai, the United Arab Emirates, Select Gro... Read More
Developer Address
Select Group Headquarters, Peninsula, Business Bay, Dubai, UAE
FAQs
When is the handover for Peninsula Five?
Handover for Peninsula Five is planned for Q4 2024.
What is the payment plan for Peninsula Five?
Peninsula Five offers a 5/35/60 payment plan (5% Upon reservation agreement signing; 10% 2 months after contract signing; 15% 6 months after contract signing; 10% 6 months after contract signing; 60% On completion).
Who is the developer of Peninsula Five?
Peninsula Five is developed by Select Group. Select Group has 27 completed projects and 1 off-plan projects in development.
Where is Peninsula Five located?
Peninsula Five is located in Business Bay, Dubai.
What amenities does Peninsula Five offer?
Residents at Peninsula Five have access to Restaurant, Outdoor swimming pool, Children's Pool, Gym, Security, CCTV Security system, Yoga classes, Lounge area for residents, and 6 more.
How far along is construction at Peninsula Five?
Construction is 100% complete. Most recent inspection was on 13 Jan 2025.
Who is the escrow agent for Peninsula Five?
Peninsula Five's escrow is held with Emirates NBD Bank PJSC, account number 0204977502016.
How far is Peninsula Five from the nearest airport and metro station?
Dubai International Airport is 21.6 km away (about 1 hr 1 min by car).
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