Developer: Select Group · Business Bay
Peninsula Five Waterfront Duplexes is a residential project by Select Group in Business Bay, Dubai, with prices from AED 1 517 000.

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.
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.
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.
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.
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.
Floor plans, the current price list and the payment plan for this project are available on request. Contact a Continental Club Property broker (RERA 31933) to check availability and book a viewing.
Dubai market as a whole: prices, transactions and trends (DLD data) →
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.
Check the charge for a specific building →
Median across 83 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.
We will send floor plans, the payment plan and available units for this project.
Project data comes from the Dubai Land Department (DLD) registry.