Peninsula Two, Business Bay

Peninsula Two is a mixed-use building in Business Bay, Dubai, developed by Select Group. It holds about 484 units: studios, 1-bedroom apartments, 2-bedroom apartments, commercial units. Depending on the unit, windows look out over Community.

The building was completed in 2026. 71 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 2,452 per sq ft.

Peninsula Two is one of 257 buildings in Business Bay: 149 are complete and 61 are still being built.

• A mixed-use ready building
• Located in Business Bay, Dubai
• Developed by Select Group
• Completed in Q1 2026
• Unit types: Studio, 1 Bed, 2 Beds, Commercial
• Sizes from 50 to 21,830 sq ft
• Views: Community View
• Features: Balcony, Barbeque Area, Built In Wardrobes, Children's Play Area, Concierge, Covered Parking, Kitchen Appliances, Landmark view, Pets Allowed, Security, Shared Gym, Shared Pool, Shared Spa, Walk-In Closet, Waterfront View
• Service charge from AED 8.8 per sq ft
• Business Bay metro station 0.9 km away

Status

Ready

Developer

Select Group

Location

Business Bay, Dubai

Completed

Q1 2026

Unit types

Studio, 1 Bed, 2 Beds, Commercial

Prices from

AED 564.0K

Median price per sq ft

AED 2,452

Median gross yield

5.9%

Service charge

AED 19.73 per sq ft (2026)

Nearest metro

Burj Khalifa Road, 0.6 km

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Peninsula Two lists 15 features and facilities for its residents.

• Balcony
• Barbeque Area
• Built In Wardrobes
• Children's Play Area
• Concierge
• Covered Parking
• Kitchen Appliances
• Landmark view
• Pets Allowed
• Security
• Shared Gym
• Shared Pool
• Shared Spa
• Walk-In Closet
• Waterfront View

Price ranges from the most recent registered sales, by unit type:

• 2-bedroom apartments: AED 2.0M to AED 2.5M (911 to 960 sq ft), across 8 sales
• 1-bedroom apartments: AED 1.2M to AED 1.7M (570 to 671 sq ft), across 7 sales
• Studios: AED 475.0K to AED 1.2M (390 to 424 sq ft), across 5 sales

Studio homes in Peninsula Two were let for AED 60.0K to AED 90.0K a year across 6 recent contracts, with a median of AED 69.5K.

Yearly rents from recent registered contracts, by unit type:

• Studios: AED 60.0K to AED 90.0K a year (389 to 424 sq ft), across 6 contracts
• 1-bedroom apartments: AED 85.0K to AED 120.0K a year (628 to 671 sq ft), across 4 contracts
• 2-bedroom apartments: AED 136.0K to AED 210.0K a year (911 to 920 sq ft), across 4 contracts

Every sale in Peninsula TwoEvery rent contract in Peninsula Two

The 2026 service charge in Peninsula Two is AED 19.73 per sq ft for homes, AED 8.8 per sq ft for service apartment, AED 2.44 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 260 a year.

Source: Dubai Land Department service charge index. Rates are reviewed each year.

How the developer's price is paid, in the order each instalment falls due.

1. 1.On Booking5%
2. 2.During Construction25%
3. 3.On Handover70%

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  Studio, Studio Studio

  334 sqft31 sqmt

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  1 bedroom, 1 Bedroom Apartment

  581 sqft54 sqmt

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  2 bedrooms, 2 Bedroom Apartment

  904 sqft84 sqmt

The nearest Dubai Metro station from Peninsula Two is Business Bay (red line, 0.9 km, about 11 min walk), then Burj Khalifa/Dubai Mall (red line, 1.8 km, about 6 min drive). Stations planned on new lines nearby include Burj Khalifa Road (golden line, 0.6 km, about 7 min walk) and Business Bay Interchange (golden line, 0.8 km, about 10 min walk).

• Burj Khalifa RoadGolden line · 0.6 km · about 7 min walk
• Business Bay InterchangeGolden line · 0.8 km · about 10 min walk
• Business BayRed line · 0.9 km · about 11 min walk
• Burj Khalifa/Dubai MallRed line · 1.8 km · about 6 min drive
• District 1 near High Speed Rail lineGolden line · 1.9 km · about 6 min drive
• City WalkGolden line · 2.5 km · about 7 min drive

The closest is Spinneys / The Executive Towers, 0.4 km from Peninsula Two (about 5 min walk).

• Spinneys / The Executive TowersSupermarket · 0.4 km · about 5 min walk
• Spinneys/ Ontario TowerSupermarket · 0.4 km · about 5 min walk
• Bay AvenueShopping Mall · 0.6 km · about 7 min walk
• Al Maya / 8 Boulevard Walk, Downtown DubaiSupermarket · 0.8 km · about 10 min walk
• Choitram, The Executive TowersSupermarket · 0.8 km · about 10 min walk

The closest is Oberoi Hotel, 0.3 km from Peninsula Two (about 4 min walk).

• Oberoi HotelHotel · 0.3 km · about 4 min walk
• Maward RestaurantRestaurant · 0.7 km · about 8 min walk
• JW Marriott Marquis Business BayHotel · 0.9 km · about 11 min walk
• Vida Hotels and ResortsHotel · 1 km · about 12 min walk
• Qamardeen HotelHotel · 1.2 km · about 14 min walk

The closest is Al Amal Hospital, 2.2 km from Peninsula Two (about 6 min drive).

• Al Amal HospitalHospital · 2.2 km · about 6 min drive
• Medcare HospitalHospital · 2.4 km · about 7 min drive
• Emirates HospitalHospital · 3.2 km · about 8 min drive
• Internationl Medical CenterHospital · 3.3 km · about 9 min drive
• Neuro Spinal hospitalHospital · 3.9 km · about 10 min drive

The closest is Dubai Bowling Centre, 1.6 km from Peninsula Two (about 5 min drive).

• Dubai Bowling CentreSports Academy · 1.6 km · about 5 min drive
• Safa ParkPark · 2 km · about 6 min drive
• Al Quoz Pond ParkPark · 2.4 km · about 7 min drive
• Jumeirah Beach ParkPark · 3.4 km · about 9 min drive
• Falcon Heritage and Sports CentreSports Academy · 4.4 km · about 11 min drive

The nearest is Japanese School, 1.4 km away. Ratings are the KHDA's latest inspection grades.

• Japanese SchoolJapanese · KHDA: Good · 1.4 km
• JSS Private School L.L.CIndian · KHDA: Very good · 1.5 km
• Global Indian International School L.L.CIndian · KHDA: Good · 1.6 km
• Iranian Towheed Boys SchoolIranian - International Baccalaureate · KHDA: Good · 1.6 km
• GEMS Our Own Indian SchoolIndian · KHDA: Very good · 1.7 km
• Horizons English School L.L.CUK · KHDA: Outstanding · 1.7 km

Business Bay has 257 buildings. A few others to compare Peninsula Two with:

• Ready

  014 Tower

  Business Bay · H&H

  Completed 2012

• Ready

  15 Northside Tower 1

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  Completed 2023

• Ready

  15 Northside Tower 2

  Business Bay · Select Group

  Completed 2023

• Ready

  51 @ Business Bay

  Business Bay · Deyaar

  Completed 2012

• Off-plan

  77S

  Business Bay · 77 Shades of Green

  Handover 31 Dec 2028 · 14% built

• Ready

  AG Tower

  Business Bay · Arabian Gulf

  Completed 2021