Developer: Select Group · Business Bay

Peninsula Five Waterfront Duplexes

Peninsula Five Waterfront Duplexes is a residential project by Select Group in Business Bay, Dubai, with prices from AED 1 218 500.

Price fromAED 1 218 500Developer supplied
Unit typesStudio · 1–4 BR513–4 730 ft²Developer supplied

Layouts and sizes

TypeBedroomsSize, sq.ftFrom, AED
Studiostudio513–543886 500
One Bedroom1702–1 4381 218 500
Two Bedroom21 161–1 8642 045 000
Three Bedroom31 168–1 8153 515 000
One Bedroom Duplex1794–1 2091 517 000
Two Bedroom Duplex21 623–2 4072 952 000
Three Bedroom Duplex31 801–2 7673 196 000
Four Bedroom Duplex44 710–4 7309 675 000

Payment plan 40/60

The purchase price is split into these stages.

15%Down payment
235%During construction
360%On handover

The exact schedule is confirmed in the sale agreement for the selected unit.

Mortgage for this project

For UAE residents the down payment starts at 20% with terms up to 25 years. Indicative monthly payment for prices from 1 218 500 AED is 5 145 AED.

Calculate mortgage

Estimates only; not a bank approval.

Amenities

  • Community Mall
  • Supermarket
  • Beauty Salon
  • Healthcare
  • Pharmacy
  • F&B Outlets
  • Cafes
  • Parks
  • Gardens
  • Waterfront Marketplace
  • Sporting Amenities

What is nearby

  • Business Bay Metro Station7 min
  • Dubai Opera7 min
  • Dubai Design District11 min
  • Meydan12 min
  • DIFC12 min
  • Dubai Healthcare City14 min
  • Ras al Khor Wildlife Sanctuary15 min
  • Jumeirah Beach15 min
  • Dubai International Airport16 min
  • La Mer Beach18 min

Places nearby

🧸 Maple Bear Nursery · 0.3 km🌳 Action Park Business Bay · 0.6 km🌳 Bay Avenue Park · 0.8 km🎓 Babilou Downtown · 0.9 km🧸 Numu Nursery Business Bay · 1.0 km
Peninsula Five Waterfront Duplexes

About the project

Peninsula Five Waterfront Duplexes by Select Group is a master-planned development in Dubai’s Business Bay. This project offers living spaces, all with access to waterfront views.

Development Overview

Select Group is developing Peninsula Five Waterfront Duplexes in the community of Business Bay. The project comprises a mix of residential units, including studios, apartments, and duplexes. Positioned as a master-planned waterfront development, it promises a blend of urban living with scenic views.

Apartment Options

The project offers a range of units to accommodate different needs. Studios start at 513 sq ft, while one-bedroom apartments range from 702 to 1438 sq ft, starting at AED 1218500. Larger families might consider two-bedroom options, from 1161 sq ft, or three-bedroom units, beginning at AED 3515000. For those seeking more space, duplexes range up to 4730 sq ft, with four-bedroom options starting at AED 9675000. This diverse selection suits singles, couples, and families.

Amenities and Surroundings

Residents enjoy amenities, including a community mall, supermarket, beauty salon, healthcare facilities, and a pharmacy. For dining and leisure, there are F&B outlets, cafes, and a waterfront marketplace. The project is well-connected, with Business Bay Metro Station just 7 minutes away. Nearby attractions include Dubai Opera and Meydan, both reachable within 12 minutes. For nature lovers, Ras al Khor Wildlife Sanctuary is a 15-minute drive.

Buying Process

The payment plan for Peninsula Five Waterfront Duplexes is structured as a 40/60 split, with an initial 5% down payment. During construction, 35% is payable, with the remaining 60% due on handover. The anticipated handover is in Q4 2024.

Payment plan: 5% down payment, 35% during construction, 60% on handover. Contact a Continental Club Property broker (RERA 31933) to check availability and book a viewing.

Service charge: what to expect

The building is still under construction, so it has no RERA-approved budget yet — that comes after handover. The figures below are what already-completed buildings in the area pay.

Area median19.98 AEDper sq ft per year · 215 AED/m²
Range in the area4.94 – 53.95AED per sq ft · 85 buildings
A 1,000 sq ft unit≈ 19,980 AEDper year at the median · ≈ $5,440
vs Dubai median▲ +24.8%Dubai 16.01 AED/sq ft

Check the charge for a specific building →

Median across 85 completed buildings in Business Bay for 2026, from the DLD service charge index (Mollak). This is an area benchmark, not this project’s rate: RERA approves that after handover and it may land either side of the median.

Frequent questions

Where is Peninsula Five Waterfront Duplexes located?
Peninsula Five Waterfront Duplexes is located in Business Bay, Dubai. The project is developed by Select Group.
Who is the developer of Peninsula Five Waterfront Duplexes?
Select Group is the developer behind this project.
How much does an apartment in Peninsula Five Waterfront Duplexes cost?
Prices start from AED 1 218 500. Contact our broker via the form on this page for exact pricing and available layouts.
What is the handover date of Peninsula Five Waterfront Duplexes?
The expected handover date is Under Construction.
How can I buy an apartment in Peninsula Five Waterfront Duplexes?
Submit an enquiry via the form on this page or message us on WhatsApp — a Continental Club Property broker (RERA 31933) will help you choose a unit and send the brochure and payment plan.

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Project data comes from the Dubai Land Department (DLD) registry.

Every figure carries its origin: “DLD registry” is taken from the Dubai Land Department register, “Developer supplied” is stated by the developer, “Our calculation” is computed by us from the first two. Developer prices change without notice — confirm before you commit. Methodology

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How to cite:Peninsula Five Waterfront Duplexes — Continental Club Property, from Dubai Land Department registry and developer data, 2026-10-01, https://continentalclub.ae/project/peninsula-five-waterfront-duplexes-business-bay/