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.
Homebuyers and investors can book units using the payment plan below:
MILESTONE | INSTALMENT | %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:
The project is expected to be completed by Q4, 2024
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.
Residents will get covered parking in Peninsula Five, Business Bay.
The high-speed elevators in Peninsula Five Dubai will offer seamless access to all the floors.
Security and maintenance staff will be on duty to ensure the safety of residents.
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.
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 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 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 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 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 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.
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.
Information for average price is currently not available on 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.
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.
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.
Residents will be able to dine at various restaurants in Business Bay. The nearest options are:
Popular supermarkets near Peninsula Five include:
These supermarkets are reachable within 5 minutes, so residents can manage their daily shopping and grocery requirements conveniently.
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.
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.
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.
Peninsula Five will have studio, 1, 2 and 3-bedroom apartments along with waterfront duplexes in 1, 2, 3 and 4-bedroom configurations
The floor plans for Peninsula Five are available on the official Bayut website.
Featured image credit: Select Group