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Peninsula One

Peninsula One is a residential project by Select Group in Peninsula, Dubai, with prices from AED 640 000, ready to move in, 525 units.

Price fromAED 640 000
HandoverReady to move in
Units525

Layouts and sizes

TypeSize, sq.ft
Studio390–425
1 Bedroom563–1 407
2 Bedroom897–1 923
3 Bedroom1 950–1 958

Payment plan Pay 70% On Completion

5%25%70%
  • Down payment5%
  • During construction25%
  • On handover70%

Construction progress

100%
  • StatusReady
  • Construction started2021-08-01
  • HandoverReady To Move in
  • Status date06.08.2025
  • Escrow bankEmirates NBD
  • Scale2 bldg
  • DLD project number2284

Data from the Dubai Land Department project registry (updated 12.08.2026 09:55).

Construction progress 63
6 August 2025 100.00%
Peninsula One, Peninsula construction progress — 6 August 2025, 100.00% complete, photo 1 of 11Peninsula One, Peninsula construction progress — 6 August 2025, 100.00% complete, photo 2 of 11Peninsula One, Peninsula construction progress — 6 August 2025, 100.00% complete, photo 3 of 11Peninsula One, Peninsula construction progress — 6 August 2025, 100.00% complete, photo 4 of 11Peninsula One, Peninsula construction progress — 6 August 2025, 100.00% complete, photo 5 of 11Peninsula One, Peninsula construction progress — 6 August 2025, 100.00% complete, photo 6 of 11Peninsula One, Peninsula construction progress — 6 August 2025, 100.00% complete, photo 7 of 11Peninsula One, Peninsula construction progress — 6 August 2025, 100.00% complete, photo 8 of 11Peninsula One, Peninsula construction progress — 6 August 2025, 100.00% complete, photo 9 of 11Peninsula One, Peninsula construction progress — 6 August 2025, 100.00% complete, photo 10 of 11Peninsula One, Peninsula construction progress — 6 August 2025, 100.00% complete, photo 11 of 11

Construction photos are taken by the technical inspectors of the Dubai Land Department (DLD) and remain its property. We show compressed copies; full-resolution originals are available in the Real Estate Project Status service.

Recent transactions

DateTypeSize, m²Price, AED
31.07.20261 BR78.91 920 000
29.07.202637.79 773 646
28.07.20261 BR58.71 555 000
28.07.20261 BR58.7850 000
16.07.20262 BR84.01 560 000
14.07.20263 BR181.23 000 000
30.06.20261 BR57.71 020 000
29.06.2026Studio39.1525 000
29.06.2026Studio39.11 050 000
25.06.20262 BR83.92 128 000
25.06.20262 BR83.92 875 000
12.06.20261 BR51.41 635 000
01.06.20263 BR143.03 700 000
19.05.2026Studio36.1993 811
19.05.2026Studio37.81 040 174
13.05.20261 BR58.7850 000
13.05.20261 BR58.71 700 000
07.05.2026Studio36.21 140 000
06.04.20263 BR143.03 500 000
03.04.20262 BR84.01 690 000
Rentals — 20
DateTypeSize, m²Rent, AED/yr
1bed room+Hall96.3138 000
2 bed rooms+hall167.6220 000
1bed room+Hall56.390 000
3 bed rooms+hall182.3310 000
1bed room+Hall62.6100 000
Studio36.170 000
3 bed rooms+hall181.2360 000
1bed room+Hall62.692 000
Studio37.860 000
Studio39.865 000
2 bed rooms+hall174.2225 000
1bed room+Hall60.3100 000
2 bed rooms+hall119.5210 000
Studio37.850 000
2 bed rooms+hall84.0164 000
2 bed rooms+hall86.4160 000
2 bed rooms+hall83.9170 458
Studio39.570 000
1bed room+Hall58.790 000
2 bed rooms+hall167.5212 000

Dubai Land Department transaction registry, updated 2026-08-11. Explore Dubai property transactions →

Amenities

  • Promenade
  • Cafes
  • Restaurants
  • Retail spaces
  • Parks
  • Gardens
  • Tennis courts
  • Squash courts
  • Basketball courts
  • Skate park
  • Supermarket
  • Beauty salons
  • Fashion stores
  • Hospitality venues

What is nearby

  • Burj Khalifa10 мин
  • Dragon Mart20 мин
  • Dubai International Airport14 мин
  • Palm Jumeirah22 мин
  • Ras Al Khor Wildlife Sanctuary6 мин
  • The Dubai Mall9 мин

Places nearby

About the project

Peninsula One is a finished residential project within the Peninsula waterfront district in Business Bay, Dubai. Select Group developed the project, which contains 525 units across two buildings and is ready to move in. Completion was recorded on 1 April 2024.

Peninsula One at a glance

Peninsula One forms part of Peninsula, a waterfront development in the heart of Business Bay. The wider Peninsula setting is surrounded by Dubai Canal on three sides and covers 1 million square feet. Peninsula One itself comprises two buildings: a stacked-units building arranged as ground level, five floors and roof level, and a tower arranged as ground level, two podium levels, 32 floors, one mechanical floor and roof level. The two buildings share a podium with two basement levels and a ground level. The project has a concrete structure with blockwork and internal and external finishes. Its location has direct road access from Sheikh Zayed Road, First Al Khail Street and Marasi Drive.

Homes and registered unit count

Peninsula One has 525 units. The residential selection includes studios and one-, two- and three-bedroom apartments. Earlier released apartment configurations included studios from 339 to 452 square feet, one-bedroom apartments from 570 to 690 square feet, and two-bedroom apartments from 904 to 965 square feet. The development also includes waterfront simplexes. The project combines a residential tower and a second stacked-units building, within the Peninsula district’s canal-side setting. Buyers considering a specific residence can compare the bedroom configuration, layout and position within the two-building project against their requirements.

Waterfront facilities and community amenities

Peninsula includes a waterfront promenade with cafes, restaurants and retail spaces. Parks, gardens and public recreational spaces form part of the district, alongside tennis courts, squash courts, basketball courts and a skate park. The available retail and service offering includes a supermarket, beauty salons, fashion stores and hospitality venues. The canal-side setting is also served by RTA Marine water taxis. These amenities sit within the Peninsula development in Business Bay, giving Peninsula One residents access to a mix of waterfront public space, dining, retail and sports facilities. The project’s setting connects the residential buildings with the promenade and surrounding canal edge.

Business Bay location and connections

Peninsula One is located in Business Bay, within the Peninsula waterfront district. Business Bay Metro Station is 2.2 kilometres away, with a stated drive time of seven minutes; the station is also within walking distance. Dubai Mall and Burj Khalifa are 2.5 kilometres away and have a stated drive time of seven minutes. Dubai Opera is 1.9 kilometres away, with a six-minute drive time. Dubai Design District is 6.7 kilometres away and Meydan is 10.3 kilometres away, with stated drive times of 11 and 12 minutes respectively. DIFC is 6 kilometres away, Dubai Healthcare City is 11 kilometres away, and Dubai International Airport is 15.3 kilometres away. RTA Marine water taxis provide another transport option from the waterfront setting.

Pricing, payment structure and completion

Starting prices for Peninsula One are listed from AED 640,000. The published payment structure is 5% on booking, 25% during construction and 70% on handover, expressed as “Pay 70% On Completion.” The project is finished at 100% completion and is ready to move in. Its recorded construction start date was 1 August 2021, and its recorded completion date was 1 April 2024. As a completed project, Peninsula One is suited to buyers reviewing ready residences rather than a future handover timeline. Pricing and available home selections can differ by unit type, layout and current inventory.

Select Group

Peninsula One was developed by Select Group. Established in 2002, Select Group is the developer of the wider Peninsula district in Business Bay. Peninsula is planned as a waterfront residential district with residential buildings, landscaped public areas and mixed-use components arranged along the canal network. Within this setting, Peninsula One is one of the completed residential projects. The developer’s Peninsula masterplan includes canal-side promenades, retail spaces, parks, gardens and recreation facilities, placing Peninsula One within a larger Business Bay neighbourhood rather than as a stand-alone building.

Registered transactions in Peninsula One

Dubai Land Department records for this building: closed transaction prices, not asking prices or estimates. Figures are medians, so a single expensive sale does not move them.

1 019deals since 2022
21 394AED per m², median
14%resale, the rest bought from the developer
-6%over the past year
7.7%gross rental yield

The yearly figure compares the last 12 months with the 12 before them: calendar years would not work, the current one is unfinished. The district moved +5% over the same period, so the building lagged.

What buyers actually paid

TypeSize, m²Price, AEDPer m²Deals
Studio38822 50021 645392
1 bedroom591 296 00021 966347
2 bedrooms881 990 00022 614263
3 bedrooms1813 700 00020 44217

Median across all recorded deals in this building. Rows with fewer than five deals are omitted: there is nothing to average there.

How the price per square metre moved

From 2022 to 2025 — +39% on the price per square metre in this building. The district moved +36% over the same period, so the building tracked the market.

19 7492022
23 0912023
25 9702024
27 54420252 0597.5%
25 3732026*1 9407.6%

Top to bottom: purchase price per m², year, annual rent per m², gross yield.

All figures are medians. Years with fewer than eight deals are skipped; rent is shown where there are at least twenty contracts. The yield is gross — service charges are not published in the register.

* 2026 is still in progress and its bar covers part of the year. The growth figure above uses completed years.

Source: Dubai Land Department transaction register. The register is updated daily; the figures here are recalculated weekly.

FAQ

Who is the developer of Peninsula One?
Peninsula One was developed by Select Group. Select Group was established in 2002.
Where is Peninsula One located?
Peninsula One is located in the Peninsula waterfront district in Business Bay, Dubai. The wider district is surrounded by Dubai Canal on three sides.
What is the starting price at Peninsula One?
Starting prices are listed from AED 640,000.
Is Peninsula One ready to move in?
Yes. Peninsula One is finished, recorded at 100% completion, and ready to move in.
When was Peninsula One completed?
The recorded completion date is 1 April 2024.
What is the Peninsula One payment plan?
The published payment structure is 5% on booking, 25% during construction and 70% on handover.
What apartment types are available at Peninsula One?
The project includes studios and one-, two- and three-bedroom apartments. Earlier released configurations also included waterfront simplexes.
How many units are in Peninsula One?
Peninsula One has 525 units across two buildings.
What is near Peninsula One?
Dubai Mall and Burj Khalifa are 2.5 kilometres away, and Dubai Opera is 1.9 kilometres away. Business Bay Metro Station is 2.2 kilometres away.
How can I buy an apartment in Peninsula One?
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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