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Peninsula Two, Business BayOff-plan

Peninsula Two, Business Bay

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HIGHLIGHTS

About Peninsula Two

Peninsula Two is an off-plan residential tower in Business Bay, Dubai. The 36-storey building, expected to be completed in Q4, 2024, will be part of Peninsula by Select Group. It will have 439 units, including studio, 1 and 2-bedroom apartments with a wide selection of fitness and leisure facilities. The units can be reserved with an upfront payment of 5%.

Peninsula Two will be adjoined by a community mall featuring a supermarket, pharmacy, salons, restaurants and other retail outlets. Fitness options will include a gymnasium, swimming pool, yoga deck and a running/walking track. Communal facilities like open-air parks, tennis and squash courts will also be available.

Business Bay is a popular mixed-use area in Dubai. It is centrally located and connected to other parts of the city via Sheikh Zayed Road and Al Khail Road. The community has several high-rise residential and commercial towers overlooking the Dubai Canal. One can easily find shopping, dining, leisure, education and healthcare facilities in the neighbourhood.

In a Nutshell

  • Type of building: Residential
  • Expected date of completion: Q4, 2024
  • Location: Business Bay
  • Developer: Select Group
  • Unit type: Studio, 1 and 2-bedroom apartments
  • Amenities: Gymnasium, swimming pool, a yoga deck, running/walking track, parks, sports courts, supermarket, pharmacy, salons, restaurants, covered parking, elevators, CCTV system
business

BUILDING DETAILS

Payment Plan

The apartments can be purchased using the payment plan mentioned below:

MilestoneInstalment%Payment
Milestone
On Reservation
Instalment
1
%Payment
5%
Milestone
Within 30 Days
Instalment
2
%Payment
10%
Milestone
Within 6 Months
Instalment
3
%Payment
15%
Milestone
On Completion
Instalment
4
%Payment
70%

Key takeaways:

  • An up-front payment of 5% is required for reservation.
  • The final instalment of 70% has to be paid at completion.

Expected Completion Date

The project’s expected completion date is Q4, 2024.

Facilities in Peninsula Two 

IN-HOUSE FACILITIES

Fitness enthusiasts will find a fully-equipped gym in Peninsula Two Dubai, along with a swimming pool, yoga deck and running/walking tracks. The adjoining community mall will be home to various shopping, dining and self-care options, whereas the project will have multiple parks and courts for tennis and squash.

PARKING

Residents will find covered parking in Peninsula Two Business Bay.

ELEVATORS

There will be high-speed elevators in Peninsula Two.

SECURITY, CENTRAL AIR-CONDITIONING AND MAINTENANCE SERVICES

Security staff will be there to ensure the safety of residents with the help of a CCTV system. The maintenance staff will carry out daily tasks related to cleaning and repairs.

Peninsula Two Floor Plans

You can check out the floor plans created by Bayut in 2D and 3D formats.

Information for floorplans is currently not available.

Apartment Types in Peninsula Two

Peninsula Two Business Bay offers studio, 1 and 2-bedroom apartments. The units will have high-quality fittings and finishing in kitchens, bedrooms and bathrooms. The balconies will provide beautiful views of Burj Khalifa, the city’s skyline, the Dubai Canal and the Arabian Gulf.

STUDIO APARTMENTS IN PENINSULA TWO

Studio apartments will have one bathroom, a kitchen and a balcony. The covered areas range from 339 sq. ft. to 452 sq. ft.

1-BEDROOM APARTMENTS IN PENINSULA TWO

1-bedroom apartments will include one bathroom, a living/dining area, a kitchen and a balcony. These units will cover 570 sq. ft. to 690 sq. ft.

2-BEDROOM APARTMENTS IN PENINSULA TWO

2-bedroom apartments will feature two bathrooms, a living/dining area, a kitchen and a balcony. The covered areas will be around 904 sq. ft. to 965 sq. ft.

Information for apartment type is currently not available.

Sales Trends in Peninsula Two

Information for average price is currently not available.

Information for listings is currently not available.

Dubai Transactions
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NEARBY AMENITIES 

Transportation near Peninsula Two 

Sheikh Zayed Road is about 5 minutes away from the project’s location, whereas it takes about 7 minutes to get to Al Khail Road. Residents with private vehicles can use these highways to connect with various important areas and destinations in Dubai. Those relying on public transportation near Peninsula Two will find taxis, buses and the metro easily.

BUS STATIONS NEAR PENINSULA TWO

The Binary Tower Bus Stop is the nearest option, about a 3-minute walk. One can board buses 50, F19B and F41 at the station.

METRO STATIONS NEAR PENINSULA TWO

Business Bay Metro Station is the nearest option for Dubai Metro users. It is about a 5-minute drive away, also reachable via buses F19B and F41.

Restaurants near Peninsula Two

Residents can dine at multiple restaurants in the adjoining community mall. Apart from that, one can visit these top restaurants in Business Bay:

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

All these restaurants near Peninsula Two are reachable within 5 minutes. They offer a variety of cuisines, including Arabic, American, Italian and Thai.

Supermarkets near Peninsula Two

Popular supermarkets near Peninsula Two include:

  • Phantasy Supermarket
  • Allday Minimart
  • Fmart Supermarket

There will be shopping options within the community at the time of completion. The stores listed above are reachable within 5 minutes.

Nearby Attractions

  • Dubai Opera
  • Burj Khalifa
  • The Dubai Mall

DUBAI OPERA

Dubai Opera is an iconic venue just 5 minutes away. It hosts performances by talented artists from fields of music, drama, comedy and more.

Dubai Opera
Dubai Opera from the outside

BURJ KHALIFA

Burj Khalifa, about 6 minutes away, offers visitors various dining and entertainment options. The tower has an observation deck called At The Top, where you can enjoy beautiful views of the city.

THE DUBAI MALL

The Dubai Mall is a popular shopping venue just 7 minutes away. It has various shopping and dining outlets, Reel Cinemas, VR Park and Dubai Ice Rink.

FAQs

DOES PENINSULA TWO HAVE FLOOR PLANS?

Yes, you can find the tower’s 2D and 3D floor plans on Bayut’s official website.

WHAT ARE THE APARTMENT TYPES IN PENINSULA TWO?

The high-rise will have studio, 1 and 2-bedroom apartments.

Featured image credit: Select Group

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