ReadyReady building · Select Group
Peninsula Five Tower 2, Business Bay
Highlights
Peninsula Five Tower 2 at a glance
About Peninsula Five Tower 2
Peninsula Five Tower 2 is a mixed-use building in Business Bay, Dubai, developed by Select Group. It holds about 33 units: 1-bedroom apartments, 2-bedroom apartments, 3-bedroom apartments, 4-bedroom apartments, commercial units. Depending on the unit, windows look out over Community.
The building was completed in 2025 and has been in use for about 1 years. 6 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 2,728 per sq ft.
Peninsula Five Tower 2 is one of 257 buildings in Business Bay: 149 are complete and 61 are still being built.
In a nutshell
- A mixed-use ready building
- Located in Business Bay, Dubai
- Developed by Select Group
- Completed in Q1 2025
- Unit types: 1 Bed, 2 Beds, 3 Beds, 4 Beds, Commercial
- Sizes from 50 to 4,760 sq ft
- Views: Community View
- Features: Children's Play Area, Covered Parking, Shared Pool
- Service charge from AED 13 per sq ft
- Business Bay metro station 1 km away
- Status
- Ready
- Developer
- Select Group
- Location
- Business Bay, Dubai
- Completed
- Q1 2025
- Unit types
- 1 Bed, 2 Beds, 3 Beds, 4 Beds, Commercial
- Prices from
- AED 1.4M
- Median price per sq ft
- AED 2,728
- Median gross yield
- 7.1%
- Service charge
- AED 17.83 per sq ft (2026)
- Nearest metro
- Burj Khalifa Road, 0.8 km
Photos of Peninsula Five Tower 2
Building details
Inside Peninsula Five Tower 2
Facilities in Peninsula Five Tower 2
Peninsula Five Tower 2 lists 3 features and facilities for its residents.
- Children's Play Area
- Covered Parking
- Shared Pool
Properties in Peninsula Five Tower 2
1-bedroom apartments in Peninsula Five Tower 2
There are about 3 of these in Peninsula Five Tower 2, from 780 to 1,220 sq ft. They have recently sold for a median of AED 2.3M, or AED 2,670 per sq ft. Owners who resold made a median 18% over what they paid.
2-bedroom apartments in Peninsula Five Tower 2
There are about 8 of these in Peninsula Five Tower 2, from 1,620 to 2,420 sq ft. They have recently sold for a median of AED 5.4M, or AED 2,590 per sq ft.
3-bedroom apartments in Peninsula Five Tower 2
There are about 17 of these in Peninsula Five Tower 2, from 1,810 to 2,780 sq ft. They have recently sold for a median of AED 7.3M, or AED 3,370 per sq ft. Owners who resold made a median 3% over what they paid.
4-bedroom apartments in Peninsula Five Tower 2
There are about 2 of these in Peninsula Five Tower 2, from 4,760 sq ft. None has sold recently enough to quote a price.
Commercial units in Peninsula Five Tower 2
There are about 3 of these in Peninsula Five Tower 2, from 50 to 250 sq ft. None has sold recently enough to quote a price.
| Unit type | Units | Size | Median price | Median rent |
|---|---|---|---|---|
| 1 Bed | 3 | 780 sqft72.5 sqmt – 1,220 sqft113.3 sqmt | AED 2.3M | – |
| 2 Beds | 8 | 1,620 sqft150.5 sqmt – 2,420 sqft224.8 sqmt | AED 5.4M | AED 455K |
| 3 Beds | 17 | 1,810 sqft168.2 sqmt – 2,780 sqft258.3 sqmt | AED 7.3M | – |
| 4 Beds | 2 | 4,760 sqft442.2 sqmt | No recent sales | – |
| Commercial | 3 | 50 sqft4.6 sqmt – 250 sqft23.2 sqmt | No recent sales | – |
Sale trends in Peninsula Five Tower 2
Median sale price
AED 5.4M
Median per sq ft
AED 2,728
Median gross yield
7.1%
Price ranges from the most recent registered sales, by unit type:
- 3-bedroom apartments: AED 3.9M to AED 8.1M (1,805 to 2,613 sq ft), across 10 sales
- 2-bedroom apartments: AED 3.4M to AED 7.3M (1,622 to 2,418 sq ft), across 7 sales
- 1-bedroom apartments: AED 1.4M to AED 2.3M (779 to 844 sq ft), across 3 sales
Rental trends in Peninsula Five Tower 2
2-bedroom homes in Peninsula Five Tower 2 were let for AED 390.0K to AED 520.0K a year across 2 recent contracts, with a median of AED 455.0K.
Yearly rents from recent registered contracts, by unit type:
- 2-bedroom apartments: AED 390.0K to AED 520.0K a year (2,370 to 2,418 sq ft), across 2 contracts
Recent transactions in Peninsula Five Tower 2
| LocationStatus and unit | PricePer sqftPer sqmt | SpecsSize and bedrooms | DateSold by |
|---|---|---|---|
| Peninsula Five Tower 2, Peninsula, Business BayReadyApartment | AED 7,300,000AED 3,372 /sqftAED 36,296 /sqmt | 2,165 sqft201.1 sqmt3 Beds | Owner |
| Peninsula Five Tower 2, Peninsula, Business BayReadyApartment | AED 7,300,000AED 3,092 /sqftAED 33,282 /sqmt | 2,361 sqft219.3 sqmt2 Beds | Owner |
| Peninsula Five Tower 2, Peninsula, Business BayReadyApartment | AED 2,250,000AED 2,666 /sqftAED 28,697 /sqmt | 844 sqft78.4 sqmt1 Bed | Owner |
| Peninsula Five Tower 2, Peninsula, Business BayReadyApartment | AED 3,400,000AED 2,096 /sqftAED 22,561 /sqmt | 1,622 sqft150.7 sqmt2 Beds | Owner |
| Peninsula Five Tower 2, Peninsula, Business BayReadyApartment | AED 3,900,000AED 2,158 /sqftAED 23,229 /sqmt | 1,807 sqft167.9 sqmt3 Beds | Owner |
| Peninsula Five Tower 2, Peninsula, Business BayReadyApartment | AED 7,925,000AED 3,514 /sqftAED 37,824 /sqmt | 2,255 sqft209.5 sqmt3 Beds | Owner |
| Peninsula Five Tower 2, Peninsula, Business BayReadyApartment | AED 5,700,000AED 2,747 /sqftAED 29,568 /sqmt | 2,075 sqft192.8 sqmt3 Beds | Owner |
| Peninsula Five Tower 2, Peninsula, Business BayReadyApartment | AED 5,900,000AED 2,977 /sqftAED 32,044 /sqmt | 1,982 sqft184.1 sqmt2 Beds | Owner |
| Peninsula Five Tower 2, Peninsula, Business BayReadyApartment | AED 3,900,000AED 2,161 /sqftAED 23,261 /sqmt | 1,805 sqft167.7 sqmt3 Beds | Owner |
| Peninsula Five Tower 2, Peninsula, Business BayReadyApartment | AED 6,950,000AED 3,042 /sqftAED 32,744 /sqmt | 2,285 sqft212.3 sqmt3 Beds | Owner |
| Peninsula Five Tower 2, Peninsula, Business BayReadyApartment | AED 1,900,000AED 2,439 /sqftAED 26,253 /sqmt | 779 sqft72.4 sqmt1 Bed | Owner |
| Peninsula Five Tower 2, Peninsula, Business BayReadyApartment | AED 4,350,000AED 1,835 /sqftAED 19,752 /sqmt | 2,370 sqft220.2 sqmt2 Beds | Owner |
| Peninsula Five Tower 2, Peninsula, Business BayReadyApartment | AED 8,100,000AED 3,409 /sqftAED 36,694 /sqmt | 2,376 sqft220.7 sqmt3 Beds | Owner |
| Peninsula Five Tower 2, Peninsula, Business BayReadyApartment | AED 8,000,000AED 3,083 /sqftAED 33,185 /sqmt | 2,595 sqft241.1 sqmt3 Beds | Owner |
| Peninsula Five Tower 2, Peninsula, Business BayReadyApartment | AED 5,400,000AED 2,789 /sqftAED 30,021 /sqmt | 1,936 sqft179.9 sqmt2 Beds | Owner |
| Peninsula Five Tower 2, Peninsula, Business BayReadyApartment | AED 7,200,000AED 2,755 /sqftAED 29,655 /sqmt | 2,613 sqft242.8 sqmt3 Beds | Owner |
| Peninsula Five Tower 2, Peninsula, Business BayOff-planApartment | AED 5,350,000AED 2,709 /sqftAED 29,159 /sqmt | 1,981 sqft184 sqmt2 Beds | Owner |
| Peninsula Five Tower 2, Peninsula, Business BayOff-planApartment | AED 5,000,000AED 2,077 /sqftAED 22,357 /sqmt | 2,418 sqft224.6 sqmt2 Beds | Owner |
| Peninsula Five Tower 2, Peninsula, Business BayOff-planApartment | AED 1,431,936AED 1,838 /sqftAED 19,784 /sqmt | 779 sqft72.4 sqmt1 Bed | Owner |
| Peninsula Five Tower 2, Peninsula, Business BayOff-planApartment | AED 5,113,000AED 2,366 /sqftAED 25,467 /sqmt | 2,165 sqft201.1 sqmt3 Beds | Owner |
Peninsula Five Tower 2, Peninsula
Business Bay
AED 7.3M
AED 3,372 /sqftAED 36,296 /sqmt
ReadyApartment2,165 sqft201.1 sqmt3 BedsOwner29 Jan 2026Peninsula Five Tower 2, Peninsula
Business Bay
AED 7.3M
AED 3,092 /sqftAED 33,282 /sqmt
ReadyApartment2,361 sqft219.3 sqmt2 BedsOwner23 Jan 2026Peninsula Five Tower 2, Peninsula
Business Bay
AED 2.3M
AED 2,666 /sqftAED 28,697 /sqmt
ReadyApartment844 sqft78.4 sqmt1 BedOwner20 Jan 2026Peninsula Five Tower 2, Peninsula
Business Bay
AED 3.4M
AED 2,096 /sqftAED 22,561 /sqmt
ReadyApartment1,622 sqft150.7 sqmt2 BedsOwner8 Jan 2026Peninsula Five Tower 2, Peninsula
Business Bay
AED 3.9M
AED 2,158 /sqftAED 23,229 /sqmt
ReadyApartment1,807 sqft167.9 sqmt3 BedsOwner19 Dec 2025Peninsula Five Tower 2, Peninsula
Business Bay
AED 7.9M
AED 3,514 /sqftAED 37,824 /sqmt
ReadyApartment2,255 sqft209.5 sqmt3 BedsOwner12 Nov 2025Peninsula Five Tower 2, Peninsula
Business Bay
AED 5.7M
AED 2,747 /sqftAED 29,568 /sqmt
ReadyApartment2,075 sqft192.8 sqmt3 BedsOwner8 Sept 2025Peninsula Five Tower 2, Peninsula
Business Bay
AED 5.9M
AED 2,977 /sqftAED 32,044 /sqmt
ReadyApartment1,982 sqft184.1 sqmt2 BedsOwner22 Aug 2025Peninsula Five Tower 2, Peninsula
Business Bay
AED 3.9M
AED 2,161 /sqftAED 23,261 /sqmt
ReadyApartment1,805 sqft167.7 sqmt3 BedsOwner12 Aug 2025Peninsula Five Tower 2, Peninsula
Business Bay
AED 7M
AED 3,042 /sqftAED 32,744 /sqmt
ReadyApartment2,285 sqft212.3 sqmt3 BedsOwner24 Jun 2025Peninsula Five Tower 2, Peninsula
Business Bay
AED 1.9M
AED 2,439 /sqftAED 26,253 /sqmt
ReadyApartment779 sqft72.4 sqmt1 BedOwner12 Jun 2025Peninsula Five Tower 2, Peninsula
Business Bay
AED 4.4M
AED 1,835 /sqftAED 19,752 /sqmt
ReadyApartment2,370 sqft220.2 sqmt2 BedsOwner26 May 2025Peninsula Five Tower 2, Peninsula
Business Bay
AED 8.1M
AED 3,409 /sqftAED 36,694 /sqmt
ReadyApartment2,376 sqft220.7 sqmt3 BedsOwner2 May 2025Peninsula Five Tower 2, Peninsula
Business Bay
AED 8M
AED 3,083 /sqftAED 33,185 /sqmt
ReadyApartment2,595 sqft241.1 sqmt3 BedsOwner24 Mar 2025Peninsula Five Tower 2, Peninsula
Business Bay
AED 5.4M
AED 2,789 /sqftAED 30,021 /sqmt
ReadyApartment1,936 sqft179.9 sqmt2 BedsOwner17 Mar 2025Peninsula Five Tower 2, Peninsula
Business Bay
AED 7.2M
AED 2,755 /sqftAED 29,655 /sqmt
ReadyApartment2,613 sqft242.8 sqmt3 BedsOwner7 Mar 2025Peninsula Five Tower 2, Peninsula
Business Bay
AED 5.4M
AED 2,709 /sqftAED 29,159 /sqmt
Off-planApartment1,981 sqft184 sqmt2 BedsOwner7 Jan 2025Peninsula Five Tower 2, Peninsula
Business Bay
AED 5M
AED 2,077 /sqftAED 22,357 /sqmt
Off-planApartment2,418 sqft224.6 sqmt2 BedsOwner16 Sept 2024Peninsula Five Tower 2, Peninsula
Business Bay
AED 1.4M
AED 1,838 /sqftAED 19,784 /sqmt
Off-planApartment779 sqft72.4 sqmt1 BedOwner13 Jun 2024Peninsula Five Tower 2, Peninsula
Business Bay
AED 5.1M
AED 2,366 /sqftAED 25,467 /sqmt
Off-planApartment2,165 sqft201.1 sqmt3 BedsOwner29 Apr 2024
| LocationContract and unit | Annual rentAED a year | SpecsSize and bedrooms | Contract dateStart – End |
|---|---|---|---|
| Peninsula Five Tower 2, Peninsula, Business BayApartmentRenewal | AED 390,000 | 2,370 sqft220.2 sqmt2 Beds | to |
| Peninsula Five Tower 2, Peninsula, Business BayApartmentNew contract | AED 520,000 | 2,418 sqft224.6 sqmt2 Beds | to |
Peninsula Five Tower 2, Peninsula
Business Bay
AED 390K/yr
ApartmentRenewal2,370 sqft220.2 sqmt2 BedstoPeninsula Five Tower 2, Peninsula
Business Bay
AED 520K/yr
ApartmentNew contract2,418 sqft224.6 sqmt2 Bedsto
Every sale in Peninsula Five Tower 2Every rent contract in Peninsula Five Tower 2
Service charges in Peninsula Five Tower 2
The 2026 service charge in Peninsula Five Tower 2 is AED 17.83 per sq ft for homes, AED 13 per sq ft for shops, AED 5.96 per sq ft for villas. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department. Each parking space adds about AED 378 a year.
| Unit type | Rate per sq ft | Size | Yearly charge |
|---|---|---|---|
| 1 Bed Apartment (2026) | AED 17.83 | 780 sqft72.5 sqmt – 1,220 sqft113.3 sqmt | AED 13,907 – AED 21,753 |
| 2 Beds Apartment (2026) | AED 17.83 | 1,620 sqft150.5 sqmt – 2,420 sqft224.8 sqmt | AED 28,885 – AED 43,149 |
| 3 Beds Apartment (2026) | AED 17.83 | 1,810 sqft168.2 sqmt – 2,780 sqft258.3 sqmt | AED 32,272 – AED 49,567 |
| 4 Beds Apartment (2026) | AED 17.83 | 4,760 sqft442.2 sqmt | AED 84,871 – AED 84,871 |
| Retail (2026) | AED 13 | 50 sqft4.6 sqmt – 250 sqft23.2 sqmt | AED 650 – AED 3,250 |
Source: Dubai Land Department service charge index. Rates are reviewed each year.
Peninsula Five Tower 2 payment plan
How the developer's price is paid, in the order each instalment falls due.
- 1.Down Payment5%
- 2.During Construction35%
- 3.On Handover60%
Peninsula Five Tower 2 floor plans
Studio, Studio Studio
517 sqft48 sqmt
1 bedroom, 1 Bedroom Apartment
700 sqft65 sqmt
1 bedroom, 1 Bedroom Duplex
1,206 sqft112 sqmt
2 bedrooms, 2 Bedroom Apartment
1,163 sqft108 sqmt
2 bedrooms, 2 Bedroom Duplex
1,625 sqft151 sqmt
3 bedrooms, 3 Bedroom Apartment
1,636 sqft152 sqmt
3 bedrooms, 3 Bedroom Duplex
1,798 sqft167 sqmt
4 bedrooms, 4 Bedroom Duplex
4,725 sqft439 sqmt
Nearby amenities
Around Peninsula Five Tower 2
Transportation near Peninsula Five Tower 2
The nearest Dubai Metro station from Peninsula Five Tower 2 is Business Bay (red line, 1 km, about 12 min walk), then Burj Khalifa/Dubai Mall (red line, 2 km, about 6 min drive). Stations planned on new lines nearby include Burj Khalifa Road (golden line, 0.8 km, about 10 min walk) and Business Bay Interchange (golden line, 1 km, about 12 min walk).
- Burj Khalifa RoadGolden line · 0.8 km · about 10 min walk
- Business Bay InterchangeGolden line · 1 km · about 12 min walk
- Business BayRed line · 1 km · about 12 min walk
- District 1 near High Speed Rail lineGolden line · 1.8 km · about 6 min drive
- Burj Khalifa/Dubai MallRed line · 2 km · about 6 min drive
- City WalkGolden line · 2.7 km · about 7 min drive
Shopping and groceries near Peninsula Five Tower 2
The closest is Spinneys/ Ontario Tower, 0.4 km from Peninsula Five Tower 2 (about 5 min walk).
- Spinneys/ Ontario TowerSupermarket · 0.4 km · about 5 min walk
- Spinneys / The Executive TowersSupermarket · 0.6 km · about 7 min walk
- Bay AvenueShopping Mall · 0.8 km · about 10 min walk
- Al Maya / 8 Boulevard Walk, Downtown DubaiSupermarket · 0.9 km · about 11 min walk
- Choitram, The Executive TowersSupermarket · 1 km · about 12 min walk
Restaurants and hotels near Peninsula Five Tower 2
The closest is Oberoi Hotel, 0.4 km from Peninsula Five Tower 2 (about 5 min walk).
- Oberoi HotelHotel · 0.4 km · about 5 min walk
- Maward RestaurantRestaurant · 0.5 km · about 6 min walk
- JW Marriott Marquis Business BayHotel · 0.9 km · about 11 min walk
- Vida Hotels and ResortsHotel · 1.1 km · about 13 min walk
- Qamardeen HotelHotel · 1.4 km · about 5 min drive
Hospitals and clinics near Peninsula Five Tower 2
The closest is Al Amal Hospital, 2.4 km from Peninsula Five Tower 2 (about 7 min drive).
- Al Amal HospitalHospital · 2.4 km · about 7 min drive
- Medcare HospitalHospital · 2.4 km · about 7 min drive
- Emirates HospitalHospital · 3.3 km · about 9 min drive
- Internationl Medical CenterHospital · 3.5 km · about 9 min drive
- Neuro Spinal hospitalHospital · 3.9 km · about 10 min drive
Parks and leisure near Peninsula Five Tower 2
The closest is Dubai Bowling Centre, 1.4 km from Peninsula Five Tower 2 (about 5 min drive).
- Dubai Bowling CentreSports Academy · 1.4 km · about 5 min drive
- Safa ParkPark · 2 km · about 6 min drive
- Al Quoz Pond ParkPark · 2.2 km · about 6 min drive
- Jumeirah Beach ParkPark · 3.5 km · about 9 min drive
- Falcon Heritage and Sports CentreSports Academy · 4.2 km · about 10 min drive
Schools near Peninsula Five Tower 2
The nearest is Global Indian International School L.L.C, 1.4 km away. Ratings are the KHDA's latest inspection grades.
- Global Indian International School L.L.CIndian · KHDA: Good · 1.4 km
- Iranian Towheed Boys SchoolIranian - International Baccalaureate · KHDA: Good · 1.4 km
- GEMS Our Own Indian SchoolIndian · KHDA: Very good · 1.4 km
- Dubai International Private School - BrAmerican · KHDA: Good · 1.6 km
- Japanese SchoolJapanese · KHDA: Good · 1.6 km
- JSS Private School L.L.CIndian · KHDA: Very good · 1.6 km
Other buildings in Business Bay
Business Bay has 257 buildings. A few others to compare Peninsula Five Tower 2 with:
- Ready
Ready- Ready
ReadyOff-plan
Ready
Things to consider about Peninsula Five Tower 2
In its favour
- Business Bay metro station is within walking distance.
- Owners who resold have made money: a median gain of up to 18%.
- A median gross yield of 7.1% on recent sales.
- Ready to move into or let, with no construction risk.
- Several schools within 3 km.
Worth checking
- Few sales each year, so a resale can take longer and prices move on a handful of deals.
Specialists
Brokers who know Peninsula Five Tower 2
These brokers handle sales and lettings in Peninsula Five Tower 2 and can tell you what is available now.
Mohammad Jarrar
Property Advisor
Anjelika Nazarmetova
Senior Property Advisor
Osman Sillah
Property Advisor
Mahmoud Hamzeh
Property Advisor
Shiela Marie Duran
Property Advisor
Nathalie Donfack Tsueti
Property Advisor
Ivelina Neykova
Senior Property Advisor
Aniket Arun Tiwari
Property Advisor
FAQs
Peninsula Five Tower 2: questions answered
Buying, selling or renting in Peninsula Five Tower 2?
A broker who works Business Bay will tell you what is available and what comparable homes went for.