Peninsula Two — project image
✓ Resale Available

Peninsula Two

From AED 1.25M·Completed Jun 2025·Developer payment plan available Payment
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AED 1.25M
Starting Price
Jun 2025
Handover
Developer payment plan available
Payment Plan
Studio · 2 BR
Type

Project Overview

Peninsula One is a tower in the Business Bay area from the Select Group, surrounded on three sides by a canal. The building includes a ground floor and 35 residential floors. Layouts range from studios to 1-2 bedroom residences with spectacular views of the Burj Khalifa and the famous Downtown skyline. The modern architectural style emphasizes strict lines and regular shapes. The designer finish is completed. In addition to the impressive residential design, Peninsula Two is connected to the Community Mall. Residents have access to premium fitness centers with tennis courts and basketball courts, as well as a unique skate park, communal and children's pools, gyms, play areas and shaded outdoor recreation areas, coworking spaces, cozy meeting rooms and events. The residential complex is located in an area with extensive modern infrastructure. Commercial organizations and social facilities are located within walking distance, which are necessary for a comfortable life for residents. The project is located 800 m from the Business Bay metro station. Nearby lies the major highway Sheikh Zayed Road, along which you can get to any area of the city by car. To Meydan or DIFC - 12 minutes, to Jumeirah Beach - 15 minutes, to Dubai International Airport - 16 minutes.

Project Specifications
DeveloperSelect Group
LocationBusiness Bay
Unit TypesStudio, 2 BR, Apartments
AreaBusiness Bay
Ownershipfreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 53,938 / year
Cash-on-Cash
2.2%
Levered cashflow AED 12,688
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 575,000 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Select Group.

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Payment Structure

Developer payment plan available

Published payment summary

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Amenities & Lifestyle

BBQ
Basketball court
Children’s pool
Concierge Service
Covered gym
Coworking zone
Dining outlets (coffee houses & restaurants)
Landscaped garden
Leisure areas
Lift
Lobby
Meditation zone
Retail outlets
SPA
Security and CCTV
Shared Pool
Shared gym & fitness
Tennis court

Location

Peninsula Two location map
Project location

Nearby Destinations

Business Bay

Developer and Project Facts

01

Peninsula Two by Select Group

02

Located in Business Bay

03

Starting from AED 1,250,000

04

Unit mix includes Studio, 2 BR, Apartments

05

Expected handover: Jun 2025

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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