Status
Off-plan
Bedrooms
1–3
Delivery
Q2 2027
Starting at
AED 1,650,000
About the residence
Canal-fronted five-tower masterplan in Business Bay.
Peninsula is Select Group's five-tower Business Bay masterplan along the Dubai Canal — a deliberate community-scale build rather than a single tower. One- to three-bedroom apartments stack across the towers with canal-facing or city-facing aspects depending on tier. The ground plane delivers a 20,000-sqm boardwalk, retail strip, and direct canal-walk linkage. The first three towers are well into construction; Tower 4 is the latest release on a 2027 handover line with construction-linked payment terms.
- Developer
- Select Group
- Area
- Business Bay
- Status
- Off-plan
- Delivery
- Q2 2027
Amenities
- 20,000-sqm canal boardwalk
- Multiple pools across the masterplan
- Branded F&B & retail at ground plane
- Residents' co-working & business lounge
- Kids' splash & play zones
- Direct canal-walk linkage
Payment plan
- 01On booking10%
- 02During construction50%
- 03On handover40%
Indicative: verified at reservation
▸ Questions buyers ask
Pre-purchase research, in your language.
- Read answer →Can foreigners buy property in Dubai?Yes. Since 2002, non-UAE nationals can buy 100% freehold property in designated zones across Dubai, with full ownership rights, no nationality restrictions, and no requirement to be physically present in the UAE for the purchase.
- Read answer →Are Dubai off-plan property investments safe?Yes, when bought from a RERA-licensed developer through proper channels. All off-plan funds in Dubai must be held in escrow accounts supervised by the Real Estate Regulatory Agency (RERA); developers can only draw against verified construction milestones. Combined with the major developers' track records since 2002, this makes Dubai one of the most regulated off-plan markets globally.
- Read answer →Freehold vs leasehold in Dubai, what's the difference?Freehold means perpetual, inheritable, transferable ownership of both the unit and a share of the land, the standard for premium Dubai property and the only structure available to foreign buyers. Leasehold means a long-term lease (typically 30–99 years) of an asset whose underlying ownership remains with the original developer or the government. Foreigners can only buy freehold in designated zones.
- Read answer →What taxes apply to Dubai property?In Dubai, there is no annual property tax, no capital gains tax, no inheritance tax, and no personal income tax on rental yield. The only direct property-related taxes are a one-time 4% Dubai Land Department transfer fee at purchase and a 5% VAT on commercial property (residential is VAT-exempt). However, residents of other countries remain liable for their home tax regime on Dubai-derived income.