Peninsula is a district of Dubai, 943 m from Business Bay Metro Station, 8 listings available with us.
Peninsula is a waterfront residential district located within Business Bay, Dubai. Developed by Select Group, the masterplan covers about 1 million square feet and arranges multiple land parcels around an almost enclosed water edge. The site combines residential towers, landscaped public areas and mixed-use components to create a contiguous new neighbourhood along Business Bay’s canal network.
Peninsula occupies a peninsula-like plot inside Business Bay, adjacent to the canal system that runs through the district. The overall development was conceived as a group of sub-developments and mixed-use plots, leaving space for green areas, parks, running tracks and amenity buildings. The original masterplan envisaged eight sub-developments; phase one includes a 35-storey residential tower and a 100,000 sq ft head office building for Select Group. The development footprint and the surrounding water define Peninsula’s character as a compact waterfront neighbourhood within the wider Business Bay area.
Peninsula is integrated into central Dubai’s road and public transport network. The nearest Dubai Metro station is on the Red Line (station code R26). The metro stop is approximately 943 metres from the site and is classified as walkable in local mappings.
Approximate road distances from Peninsula to key Dubai destinations are:
Peninsula is being delivered in phases by Select Group. The scheme was reported to have an overall gross development value of AED 7 billion at the time of the sales launch. Construction work for the first phase included piling and contractor mobilisation; CSCEC ME was selected to build phase one under a contract reported at AED 629 million. Completion for the overall development has been indicated to occur in stages roughly between 2024 and 2028.
On-site projects and their published links include:
Planned on-site retail and community elements are flagged in project materials: Peninsula Two was described as including a 6,000 square foot community mall with 23 individual units. The masterplan reserves areas for amenities, landscaped open space and pedestrian routes as part of the overall layout.
Registered projects within the Peninsula cluster and their development details include:
Peninsula’s location inside Business Bay positions it for residents and buyers who prioritise proximity to central Dubai, access to waterfront promenades and new-build apartment living. The mix of residential towers, planned retail and landscaped public space addresses needs typical for city professionals, households seeking modern amenity provision and those who prefer newly delivered properties in a masterplanned enclave. Its short distance to Downtown Dubai and DIFC also makes it convenient for people working in central business districts.
The nearest Red Line metro station (code R26) is approximately 943 metres from Peninsula and is considered walkable.
The master development and the named on-site projects have been developed by Select Group.
Project materials indicate phased completion for the overall development in stages roughly between 2024 and 2028; individual sub-projects show varying completion percentages and start years as recorded in official project entries.
Yes. Project documents identify on-site retail elements, including a 6,000 sq ft community mall with 23 units within Peninsula Two, along with landscaped areas and communal amenities across the masterplan.
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How to cite:Peninsula — Continental Club Property, 2026-07-30, https://continentalclub.ae/location/peninsula/
The figures below come from registered Dubai Land Department transactions, not from listings. We show the median rather than the mean, so that one-off penthouses do not distort it.
The yearly figure compares the last 12 months with the 12 before them. Calendar years would not work here: the current one is unfinished, so the comparison would understate the change. The median across the whole district moved -2% over the same year — that gap reflects which buildings came to market, not existing homes changing in price.
From 2022 to 2025 — +25% on the price per square metre across 8 buildings that traded in both years.
Top to bottom: purchase price per m², year, annual rent per m², gross yield. Showing the last 5 years, from 2022.
* 2026 is still in progress, so its bar covers part of the year and is not directly comparable with the ones before it. The growth figure below uses completed years only.
All figures are medians rather than means: in thin years the mean swings with the mix of units and shows movement the market never had. The yield is gross — service charges are not published in the register, so they cannot be deducted honestly.
| Building | Deals | Price per m² |
|---|---|---|
| Peninsula Three | 350 | 26 865 |
| Peninsula Four | 333 | 26 348 |
| Peninsula One | 242 | 26 512 |
| Peninsula Two | 186 | 27 175 |
| Peninsula Five - 3 | 167 | 26 116 |
| Peninsula Five - 2 | 26 | 25 727 |
| Jumeirah Living Business Bay | 23 | 39 498 |
| Peninsula Five - 1 | 19 | 26 997 |
Linked names lead to our pages for those projects.
Source: Dubai Land Department transaction registry. Prices per square metre, sale transactions.
Dubai market as a whole: prices, transactions and trends (DLD data) →
Largest management companies in the area: Luxury Owner Association Management Services Co. (20), Kaizen Owner Association Management Services (10), S G Community Management Services (9).
Check any building’s service charge → All communities
RERA-approved 2026 budgets from the DLD service charge index (Mollak); residential buildings. Rate is AED per sq ft per year; YoY compares the same buildings in 2025.
Neighbouring areas and sub-communities to compare location and prices.
