Overview
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
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
District
City
Country
United Arab Emirates
Address
Business Bay, Dubai, UAE
Location Map
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Area Description
Business Bay is a vibrant and dynamic destination, nestled along the stunning Dubai Water Canal, offering a unique 'city-based' lifestyle that blends perfectly with the Southern area of Downtown and Old Town neighborhoods. This thriving hub is reminiscent of old New York, buzzing... Read More
Area Valuation
District
Area prices 35% higher than the Dubai apartment median
Calculated from 13 Feb 2026 to 16 Oct 2026 against apartment sales in Dubai. See detailed analytics
Layouts
Nearby Landmarks
Airport
- Dubai International Airport21.6 kmdriving time1 hr 1 min
Shops and Convenience Stores
- Unicity Global320 mwalking time4 min
- Unicity Dubai380 mwalking time5 min
- Marasi Promenade610 mwalking time8 min
- ZOOM2.03 kmdriving time6 min
Restaurants and Cafes
- Jabbour Restaurant Business Bay40 mwalking time1 min
- Pak Jinnah Sweets & Restaurant Business bay Branch140 mwalking time2 min
- SACHI Sushi and More320 mwalking time4 min
Healthcare Facilities
- Perfect Smile Dental Center450 mwalking time6 min
Schools and Education
- Maple Bear Pre School, Dubai300 mwalking time4 min
- Language Skills300 mwalking time4 min
Transport and Airports
- Dubai International Airport22.9 kmdriving time29 min
Master Plan
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 .
Price Analytics
Sale prices 12% higher than the Business Bay apartment median
Calculated from 13 Feb 2026 to 16 Oct 2026 against apartment sales in the area. Based on registered sale prices in this project. See detailed analytics
Brochure
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.
Video
Developer Profile
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
* Developer information is for reference only and may change. Please contact the developer for the latest details.
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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