Peninsula One, Business Bay

Peninsula One is a high-rise off-plan project in Business Bay. The tower developed by Select Group is expected to be completed in the fourth quarter of 2024. The first development in the grand Peninsula development will house The Tower Apartments, The Podium and Waterfront Simplexes.

Peninsula One Business Bay will have a minimalist design, 36 residential floors featuring 433 units in studio and 1-bed configurations. The 15 Podium Simplexes are available as 1 to 3-bedroom units. Last, 70 luxury waterfront simplexes will be distributed across six floors.

Peninsula One by Select Group will have a fully equipped gym, an indoor swimming pool, sauna, steam room, barbeque area, landscaped gardens and outdoor kid’s play area besides 518 residential units.

Business Bay is a mixed-use neighbourhood with numerous high-rise buildings, retail options and entertainment facilities. The community is also well-connected to Dubai’s public transport links.

• Type of building: Residential
• Expected date of completion: Q4, 2024
• Location: Business Bay
• Developer: Select Group
• Unit type: Studio and 1-bedroom apartments, 1, 2 and 3-bedroom simplexes 
• Amenities: Gym, swimming pool, kid’s play area and barbeque spot

Select Group has designed a flexible plan to facilitate buyers and investors. Here’s an overview of the payment plan to give you a better idea.

Key takeaways:

• The buyers must pay 5% of the price upfront (on reservation). 
• The final 4th instalment, 70% payment, must be paid at the handover time.

The handover is expected in the fourth quarter of 2024.

Residents will find a fully equipped gym in Peninsula One Business Bay. You will also find an indoor swimming pool, indoor jacuzzi, a barbeque area, landscaped gardens, an outdoor children’s play area, tennis courts, squash courts, basketball courts and a skate park.

There will be covered parking in Peninsula One Dubai.

You will find multiple high-speed elevators in Peninsula One, Business Bay.

Peninsula One will offer 24-hour CCTV video surveillance for security purposes and regular maintenance services.

Bayut has worked on creating a simple format for 2D and 3D floor plans on the website. Residents and investors can find the unit and bed types by browsing Peninsula One floor plans.

The off-plan tower will offer 518 residential units in total. Interested buyers will find studio and 1-bedroom apartments and 1, 2 and 3-bedroom simplexes.

Simplexes in Peninsula One are available as The Podium Simplexes and The Waterfront Simplexes. There are 15 podium and 70 waterfront simplexes. Covered areas for units range from 385 sq. ft to 1,950 sq. ft.

Studio apartments in Peninsula One Dubai will cover 390 sq. ft. to 491 sq. ft. These flats will have an attached bathroom, an open-style kitchen and a balcony. There are 186 studios in the tower.

1-bedroom apartments in Peninsula One will have covered areas ranging from 682 sq. ft. to 1,480 sq. ft. These units will have one bedroom with an attached bathroom and built-in cabinets. a living/dining area, a kitchen and a balcony. There will be 182 1-bedroom apartments in the development.

1-bedroom simplexes in Peninsula One will cover 1,480 sq. ft. These units will have one master bedroom with an attached bathroom and built-in cabinets. One will also find a kitchen, a living room, a guest bathroom and a balcony.

2-bedroom simplexes in Peninsula One will cover 1,873 sq. ft. These apartments will have two bedrooms with attached bathrooms and separate wardrobes. One will also find a maid’s room, a guest bathroom, a large living room, a furnished kitchen and a balcony. There are 141 2-bed units in the project.

3-bedroom simplexes in Peninsula One will cover 1,958 sq. ft. to 3,019 sq. ft. These flats will have three spacious bedrooms with attached bathrooms and built-in cabinets. Each apartment will also have a furnished kitchen, a guest bathroom, a maid’s room, a living room and a balcony. Peninsula One’s master plan includes nine 3-bedroom units.

Finding transportation near Peninsula One Business Bay would be hassle-free.

Lillian Tower 1 Bus stop is within a 5-minute walking distance of the building.

Business Bay Metro Station is a 6-minute drive away from Peninsula One. The station lies on the Red Line of the Dubai Metro.

Popular restaurants near Safa One include:

• Spring Onion Tasty Restaurant
• Mamaesh Business Bay
• Firebaaz Cafe
• Padi Village

Residents will find Spring Onion Tasty Restaurant, which serves Pakistani and Indian cuisines and Mamaesh Business Bay, a Middle Eastern restaurant within a 3-minute walk. Another dining spot is Firebaaz Café, an Arabic restaurant that is known to offer authentic taste and flavour. The café is within a 4-minute walking distance of Peninsula One.

One can also find Padi Village, an Asian restaurant that offers indoor dining space and home delivery service. The eatery can be found within a 5-minute walking distance of the off-plan residential building.

PRIME 68, a popular steakhouse, is one of the best restaurants in Business Bay. It is a 4-minute drive away from the tower.

Supermarkets near Peninsula One include:

• F Mart Supermarket
• Allday Minimart Supermarket
• Carrefour Supermarket

F Mart Supermarket is a 6-minute walk away from Peninsula One Business Bay. Allday Minimart Supermarket and Carrefour, one of the best supermarkets in Dubai, are a 5-minute drive from the building.

Attractions near Peninsula One include:

• Dubai Opera
• Burj Khalifa
• The Dubai Mall

Dubai Opera is the first performing arts theatre in Dubai. The attraction is known for its dhow-shape and seating capacity of more than 2,000 guests. Dubai Opera is a 5-minute drive away from the building.

Burj Khalifa, the tallest building in the world, offers numerous residential and commercial spaces. It is an 8-minute drive away from the tower.

The Dubai Mall is a popular shopping mall in Dubai that is home to multiple retail, dining and entertainment facilities. The shopping mall is a 9-minute drive away from Peninsula One.

Peninsula One will offer studio and 1-bed apartments and 1, 2 and 3-bedroom simplexes.

The handover is expected in the last quarter of 2024.

Featured image credit: Select Group