Peninsula Phase 2 By Select Group

Key facts

Handover (past)

Q2 2025

Status

Ready

Construction progress

96%

Ownership

freehold

Property types

apartment

Availability

Sold out

How Peninsula Phase 2 By Select Group compares

Entry here is AED 992,977, against a median of AED 1.1M across the 6 priced projects in Peninsula, which puts it above 1 of them and below 4. The plan opens at 5% down, against a Dubai median of 10%, so it asks 5% less up front than the typical plan. Handover lands in Q2 2025, alongside 52 other projects completing in the same quarter. Select Group has 15 projects in our catalogue, 6 of them in Peninsula.

Measured across our own catalogue of Dubai off-plan projects, refreshed with the source listings. Entry price is the lowest advertised unit price in a project, not an average transaction value.

Payment plan

Available units

Amenities

• Gymnasium
• Restaurants
• Shared Pool
• Shared Spa
• Security
• Concierge
• Covered Parking
• Built in Wardrobes
• Walk-in Closet
• Central A/C
• View of Water
• View of Landmark
• Pets Allowed
• Shared Gym
• Children's Play Area
• Barbecue Area
• Kitchen Appliances
• Balcony

Location

Peninsula Phase 2 By Select Group sits in Business Bay.

Master plan

The developer’s own site plan for Peninsula Phase 2 By Select Group, showing how the buildings, roads and open space sit together.

What you pay, and when

The launch payment plan was 5% on booking, 25% during construction and 70% at handover. Buying now means a resale from a private owner, on whatever terms the two sides agree.

The Dubai Land Department registration fee is 4% of the purchase price, payable on top: about AED 41,000 at this resale price. That 5% booking payment does not go to Select Group directly: under Dubai's Law 8 of 2007 a registered project holds it in a RERA-supervised escrow account, drawn down against certified construction progress.

What the entry price works out at

The cheapest unit with a published size is 339 square feet at AED 992,977, which works out at AED 2,929 per square foot. Stated sizes run from 339 to 949 square feet.

Handover and construction

Peninsula Phase 2 By Select Group handed over in Q2 2025. Construction was last recorded at 96% complete.

Ownership and residency

Peninsula Phase 2 By Select Group is a freehold development, so a buyer of any nationality can own a unit outright and hold the title deed. The cheapest resale listed sits below the AED 2,000,000 property threshold the 10 year UAE golden visa asks for, though 2 bedroom units here start at AED 2,020,800 and clear it on their own.

What it costs to hold

Service charges in Business Bay run roughly 14 to 22 AED per square foot per year, on the Dubai Land Department service charge index. Towers inside one community can differ by a factor of two, so treat that as a range to check against the specific building rather than a quotation. On the 339 square foot entry unit that is about AED 5,000 to AED 7,000 a year.

Who it suits

The development is apartments in studio to 2 bedroom layouts. The developer has sold out, so anything available here is a resale from a private owner.

What is on site

Among the shared facilities recorded for Peninsula Phase 2 By Select Group are shared spa, concierge, covered parking, built in wardrobes, walk-in closet, central A/C, view of water and view of landmark, alongside the gymnasium, restaurants, shared pool, security, children's play area and barbecue area that most Dubai developments carry. 4 further facilities are listed in the full spec. 16 floor plans are published for it.

Frequently asked