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Peninsula Five, Business BayOff-plan

Peninsula Five, Business Bay

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HIGHLIGHTS

About Peninsula Five

Peninsula Five at Business Bay is an off-plan residential complex by Select Group. Located off Marasi Street, it will have a 37-storey tower offering studio, 1, 2 and 3-bedroom apartments, along with two separate blocks comprising waterfront duplexes. The units can be reserved with an initial payment of 5%. It is part of The Peninsula by Select Group and is expected to be completed by Q4, 2024.

Peninsula Five Signature Collection offers luxurious living with several amenities at hand. Fitness options will include a gymnasium, swimming pool, yoga deck and running/walking track. Residents will also find sports and recreational options like tennis, squash and basketball courts, a skate park and landscaped gardens. The units will offer beautiful waterfront views of the Dubai Canal.

Business Bay is a popular mixed-use community in Dubai. It is centrally located and well-connected to the rest of the city via Sheikh Zayed Road and Al Khail Road. It has several residential and commercial towers along with some off-plan projects. Residents can easily access shopping, dining, leisure, education, fitness, public transport and healthcare facilities.

In a Nutshell

  • Type of building: Residential
  • Expected date of completion: Q4, 2024
  • Location: Business Bay
  • Developer: Select Group
  • Unit type: Studio, 1, 2 and 3-bedroom apartments and 1, 2, 3 and 4-bedroom duplexes
  • Amenities: Swimming pool, gymnasium, yoga deck, running/walking tracks, courts for tennis, squash and basketball, skate park, landscaped gardens.
business

BUILDING DETAILS

Payment Plan

Homebuyers and investors can book units using the payment plan below:

MILESTONEINSTALMENT%PAYMENT
MILESTONE
On Reservation
INSTALMENT
1
%PAYMENT
5%
MILESTONE
Within 14 days
INSTALMENT
2
%PAYMENT
10%
MILESTONE
Within 6 months of initial payment
INSTALMENT
3
%PAYMENT
15%
MILESTONE
Within 9 months
INSTALMENT
4
%PAYMENT
10%
MILESTONE
On completion
INSTALMENT
5
%PAYMENT
60%

Key Takeaways:

  • An up-front payment of 5% is required for reservation.
  • The final instalment of 60% has to be paid at completion.

Expected Completion Date

The project is expected to be completed by Q4, 2024

Facilities in Peninsula Five, Business Bay

IN-HOUSE FACILITIES

The project has a good mix of facilities to ensure a luxurious lifestyle. For fitness, residents will have options like a swimming pool, jogging/walking tracks, yoga deck and a fully equipped gym in Peninsula Five Dubai. Leisure options include landscaped gardens, a skate park and tennis, squash and basketball courts.

PARKING

Residents will get covered parking in Peninsula Five, Business Bay.

ELEVATORS

The high-speed elevators in Peninsula Five Dubai will offer seamless access to all the floors.

SECURITY, CENTRAL AIR-CONDITIONING AND MAINTENANCE SERVICES

Security and maintenance staff will be on duty to ensure the safety of residents.

Peninsula Five Floor Plans

Peninsula Five apartments are available in multiple configurations. You can check out the floor plans created by Bayut in 2D and 3D formats below:

Information for floorplans is currently not available.

Apartment Types in Peninsula Five

Peninsula Five, Business Bay will have studio, 1, 2 and 3-bedroom apartments with spacious layouts and attractive interiors. The waterfront duplexes will have floor-to-ceiling windows providing beautiful views of the Dubai Canal.

STUDIO APARTMENTS IN PENINSULA FIVE

Studio apartments in Peninsula Five will have one bathroom, a kitchen and a balcony. The covered areas range from 513 sq. ft. to 543 sq. ft.

1-BEDROOM APARTMENTS IN PENINSULA FIVE

1-bedroom apartments in Peninsula Five will include one bathroom, a living/dining area, a kitchen and a balcony. These units will span 702 sq. ft. to 1,438 sq. ft.

2-BEDROOM APARTMENTS IN PENINSULA FIVE

2-bedroom apartments in Peninsula Five will feature two bathrooms, a living/dining area, a kitchen and a balcony. The covered areas will be around 1,161 sq. ft. to 1,864 sq. ft.

3-BEDROOM APARTMENTS IN PENINSULA FIVE

3-bedroom apartments in Peninsula Five will include three bathrooms, a living/dining area, a kitchen and a balcony. The covered areas will be around 1,161 sq. ft. to 1,864 sq. ft.

WATERFRONT DUPLEXES IN PENINSULA FIVE

Waterfront Duplexes in Peninsula Five will come in 1, 2, 3 and 4-bedroom configurations. The duplex units will have spacious terraces and quality fittings for kitchens, bathrooms and bedrooms.

Studio
1-Bed
2-Bed
3-Bed
0%20%40%60%80%100%
Based on searches conducted by users in Bayut.com over the last 12 months. Last updated 8 hours ago

According to Bayut, 2-bedroom flats in Peninsula Five enjoy the highest popularity. They are followed by 1-bed apartments in the second spot. 3-bedroom flats take up the third position on the list. Studio apartments rank in the fourth position.

Sales Trends in Peninsula Five

Apartment TypeAverage Sales Price in AED
1-Bed1,824,000
3-Bed5,145,000
Based on property listings on Bayut.com over the last 12 months. Last updated 8 hours ago
Skyline View | Biggest Layout | High Floor
AED3,750,000
beds
2
baths
3
area
1,609 sqft
Skyline View | Biggest Layout | High FloorPeninsula Five, Peninsula, Business Bay, Dubai, UAEHandoverQ4 2024Payment Plan40/60
Panoramic Water Views | Corner | High Floor
AED4,500,000
beds
3
baths
3
area
1,766 sqft
Panoramic Water Views | Corner | High FloorPeninsula Five, Peninsula, Business Bay, Dubai, UAEHandoverQ4 2024Payment Plan40/60
Canal Front Living | Luxurious Duplex Layout
AED11,700,000
beds
4
baths
5
area
2,762 sqft
Canal Front Living | Luxurious Duplex LayoutPeninsula Five, Peninsula, Business Bay, Dubai, UAEHandoverQ4 2024Payment Plan40/60
Luxury 3 Bed | Handover Soon | Canal View
AED4,700,000
beds
3
baths
4
area
1,721 sqft
Luxury 3 Bed | Handover Soon | Canal ViewPeninsula Five, Peninsula, Business Bay, Dubai, UAEHandoverQ4 2024Payment Plan40/60
Canal View | HANDOVER JAN 2025 | Fitted
AED2,200,000
beds
1
baths
2
area
812 sqft
Canal View | HANDOVER JAN 2025 | FittedPeninsula Five, Peninsula, Business Bay, Dubai, UAEHandoverQ4 2024Payment Plan40/60
Luxury Duplex | Huge Layout | Waterfront Living
AED16,500,000
beds
4
baths
4
area
4,710 sqft
Luxury Duplex | Huge Layout | Waterfront LivingPeninsula Five, Peninsula, Business Bay, Dubai, UAEHandoverQ4 2024Payment Plan40/60
Canal View | Exclusive | 2 Bed Type E
AED6,000,000
beds
2
baths
3
area
1,934 sqft
Canal View | Exclusive | 2 Bed Type EPeninsula Five, Peninsula, Business Bay, Dubai, UAEHandoverQ4 2024Payment Plan40/60
Fully Furnished | Premium | Waterfront Location
AED2,000,000
beds
1
baths
1
area
843 sqft
Fully Furnished | Premium | Waterfront LocationPeninsula Five, Peninsula, Business Bay, Dubai, UAEHandoverQ4 2024Payment Plan40/60
PRIME LOCATION | DIRECT CANAL VIEW I 01 LAYOUT
AED2,300,000
beds
1
baths
2
area
820 sqft
PRIME LOCATION | DIRECT CANAL VIEW I 01 LAYOUTPeninsula Five, Peninsula, Business Bay, Dubai, UAEHandoverQ4 2024Payment Plan40/60
Iconic Burj Views | Corner | High Floor
AED3,850,000
beds
2
baths
2
area
1,609 sqft
Iconic Burj Views | Corner | High FloorPeninsula Five, Peninsula, Business Bay, Dubai, UAEHandoverQ4 2024Payment Plan40/60
Burj Khalifa and Canal View | Corner | High Floor
AED4,450,000
beds
3
baths
3
area
1,729 sqft
Burj Khalifa and Canal View | Corner | High FloorPeninsula Five, Peninsula, Business Bay, Dubai, UAEHandoverQ4 2024Payment Plan40/60
Brand New | Full Canal View | Handover Soon
AED4,600,000
beds
3
baths
3
area
1,722 sqft
Brand New | Full Canal View | Handover SoonPeninsula Five, Peninsula, Business Bay, Dubai, UAEHandoverQ4 2024Payment Plan40/60
Canal View | High Floor | Agent Friendly
AED1,920,000
beds
1
baths
2
area
715 sqft
Canal View | High Floor | Agent FriendlyPeninsula Five, Peninsula, Business Bay, Dubai, UAEHandoverQ4 2024Payment Plan40/60
Full Canal View | Luxurious 3BR | Corner Unit
AED4,700,000
beds
3
baths
3
area
1,722 sqft
Full Canal View | Luxurious 3BR | Corner UnitPeninsula Five, Peninsula, Business Bay, Dubai, UAEHandoverQ4 2024Payment Plan40/60
High Floor | Amazing Canal View | Hand over soon
AED4,600,000
beds
3
baths
3
area
1,721 sqft
High Floor | Amazing Canal View | Hand over soonPeninsula Five, Peninsula, Business Bay, Dubai, UAEHandoverQ4 2024Payment Plan40/60
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NEARBY AMENITIES 

Transportation near Peninsula Five 

Sheikh Zayed Road and Al Khail Road are about 5 and 7 minutes away, respectively. There will be public transportation near Peninsula Five, including taxis, buses and the metro.

BUS STATIONS NEAR PENINSULA FIVE

The Binary Tower Bus Stop is just a 3-minute walk from the project’s location. It is serviced by buses 50, F19B and F41.

METRO STATIONS NEAR PENINSULA FIVE

Business Bay Metro Station is about a 5-minute drive away and is also reachable via buses F19B and F41. It is connected to the Red Line of the Dubai Metro.

business bay metro station
The Red Line serves Business Bay Metro Station

Restaurants near Peninsula Five

Residents will be able to dine at various restaurants in Business Bay. The nearest options are:

  • Bro Station Restaurant
  • Mama’esh
  • Spring Onion
  • BASTA!
  • Herbz Restaurant
  • The Rotisserie Restaurant
  • Tangerine Restaurant
  • Kebab Grill 44

Supermarkets near Peninsula Five

Popular supermarkets near Peninsula Five include:

  • Phantasy Supermarket
  • Fmart Supermarket
  • Allday Minimart

These supermarkets are reachable within 5 minutes, so residents can manage their daily shopping and grocery requirements conveniently.

Nearby Attractions

  • Dubai Opera
  • Burj Khalifa
  • The Dubai Mall

DUBAI OPERA

Dubai Opera is an iconic venue that hosts music, drama, comedy and art performances by talented international stars. It is about 5 minutes away from Peninsula Five.

Dubai Opera
Dubai Opera from the outside

BURJ KHALIFA

Burj Khalifa is a popular tourist attraction about 6 minutes away. It has various dining and entertainment options and an observation deck called At The Top.

Burj Khalifa  view at night
Enjoy scenic views of the skyline from At The Top – Burj Khalifa

THE DUBAI MALL

The Dubai Mall is a popular shopping destination about 7 minutes away. It has a wide range of shopping and dining outlets along with VR Park, Reel Cinemas and Dubai Ice Rink.

THE DUBAI MALL
The Dubai Mall has over 1,300 retail outlets
Are you looking to buy apartments in Peninsula Five?

FAQs

WHAT ARE THE APARTMENT TYPES IN PENINSULA FIVE?

Peninsula Five will have studio, 1, 2 and 3-bedroom apartments along with waterfront duplexes in 1, 2, 3 and 4-bedroom configurations

DOES PENINSULA FIVE HAVE FLOOR PLANS?

The floor plans for Peninsula Five are available on the official Bayut website.

Featured image credit: Select Group

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