Peninsula One
by Select Group

Studios, 1, 2 and 3 bedroom apartments and simplexes

AED 980 K Starting price
Ready Handover
Peninsula Oneby Select Group

Buy Apartments in Peninsula One by Select Group, Business Bay

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Amirans Kavtaradze

List by

Amirans Kavtaradze

Starting Price AED 980,000
Location Business Bay
Developer Select Group
Handover Ready
Living Area 385 sq. ft. - 1,950 sq. ft.
Bedrooms Studios - 3 BR
Total amount of units 518
ROI 7%

Peninsula One is a completed 36 storey canal-front tower in Select Group's Peninsula community, offering studios through 3 bedroom homes with a pool, gym, tennis court, healthcare centre and concierge security.

Peninsula One rises 36 storeys directly on the Dubai Water Canal and was the first component of Select Group's Peninsula community to break ground. It now stands complete with 518 homes. The mix runs from compact studios of 385 sq ft to three bedroom apartments reaching 1,950 sq ft, alongside 85 simplex residences split between 15 podium layouts and 70 waterfront layouts. Family formats add practical space, with two bedroom simplexes including a maid's room beside the living, dining, kitchen and balcony footprint. Buyers looking to buy an apartment in Peninsula One will find tower apartments as well as ground-connected simplexes that open onto the promenade. The building reads as a clean contemporary high-rise, and its canal orientation gives many residences water and skyline outlooks across Business Bay. Interiors are laid out around daylight, with balconies extending the living areas outward. Anyone weighing Peninsula One prices against the wider district will note the tower sits within a walkable enclave rather than a standalone plot. On-site facilities span an infinity pool, a kids' pool, a gym, a tennis court, jogging trails, landscaped gardens, more than 450 parking bays with EV charging, and a healthcare centre. The promenade runs directly past these Peninsula One canal-front apartments.

Peninsula One
About Peninsula One

Overview of Peninsula One by Select Group

A completed waterfront address on the Dubai Water Canal, Peninsula One pairs central Business Bay connectivity with resort-grade amenities, making it equally compelling for residents who want walkability and investors chasing steady canal-side tenant demand.

5.5%

Средний ROI

7%

Максимальный ROI

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Community

Business Bay is an established central Dubai district built around the Dubai Water Canal, beside Downtown. Office towers, apartment buildings and hotels create a genuine mixed-use neighbourhood. Dining and retail animate the canal-side promenades throughout the day. The mood is urban and energetic, attracting professionals from Business Bay, DIFC and the Sheikh Zayed Road corridor. Couples and families comfortable with high-rise living also settle here. Along the waterfront, walking paths and open skyline views offer a welcome counterpoint to the district's density.

For anyone weighing real estate in Business Bay, everyday services are close at hand. Clinics, supermarkets, mosques, cafes and restaurants operate throughout the district. Emirates Hospital Clinic is within Business Bay, while other hospitals and clinics are nearby. Schools generally sit in surrounding areas, including JESS in Al Safa, Hartland International School and GEMS Jumeirah Primary School. Connectivity also suits buyers considering apartments for sale in Business Bay. Business Bay Metro Station on the Red Line is 6 min away by car, Sheikh Zayed Road is 15 min away, and Dubai International Airport is a 12-minute drive.

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Interior

The residences follow a contemporary design language suited to canal-front living. Interiors draw daylight into the living and dining zones, while balconies extend the layouts towards the water and skyline. A neutral palette keeps the rooms calm and lets the outlook take priority. Open-plan kitchens preserve clear sightlines. A 1 bedroom apartment for sale in Business Bay here can include generous living space, a balcony and two bathrooms in the simplex format, avoiding a cramped city footprint.

Finishes reflect the premium standard associated with Select Group. Integrated open-plan kitchens flow into the living and dining areas. Bathrooms use a clean modern specification, including the two-bathroom layouts found in the simplexes. Living spaces feature quality surfaces and considered joinery. Larger family homes add practical details such as a maid's room. A 2 bedroom apartment for sale in Business Bay follows the same material approach on a larger scale, keeping the design consistent across unit types.

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Infrastructure

Everyday convenience is close to the door for anyone looking to buy an apartment in Business Bay at Peninsula One. The wider Peninsula community provides a pedestrian-friendly retail setting, with 122,800 sq ft of retail space and a 66,000 sq ft mall. Business Bay also has a broad choice of cafes, casual dining and full-service restaurants. The canal promenade adds waterside spots for coffee or an evening meal. Supermarkets and daily essentials are a short walk or drive away, keeping routine shopping within the immediate area.

For larger shopping and leisure trips, The Dubai Mall is 5 minutes away by car. The building has its own healthcare centre, while Ishraq Home Health Care Centre is a 2-minute drive away. Other hospitals and clinics operate across Business Bay and nearby districts. Transport is straightforward too. Business Bay Metro Station is 6 min away by car, and Sheikh Zayed Road is 15 min away. Taxi and bus services run through the area for residents without a vehicle.

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Amenities of Peninsula One

Peninsula One pairs resort-style leisure with practical everyday facilities, giving residents a full amenity deck within the tower and its landscaped surrounds.

Infinity outdoor swimming pool

Infinity outdoor swimming pool

Fully equipped gym

Fully equipped gym

Landscaped gardens and parks

Landscaped gardens and parks

Dedicated children's pool
Tennis court
Jogging and running trails
On-site healthcare centre
More than 450 parking bays
Electric-vehicle charging ports
Bicycle parking provision
24/7 concierge and CCTV security
Gallery

Peninsula One: Waterfront Studios and 1–3 Bedroom Residences on the Dubai Water Canal

Master Plan of Peninsula One by Select Group

Master Plan of Peninsula One by Select Group

Master Plan

Floor Plans of Peninsula One by Select Group

Property Type
Bedrooms
Area
Starting Price
Apartments
Studio
from 407 sq. ft.
AED 980,000
Studio Apartments
AED 980 K 407 sq. ft.
Bathrooms Bathrooms1

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Apartments
1 Bedroom
from 671 sq. ft.
Ask for Price
1 Bedroom Apartments
Ask for Price 671 sq. ft.
Bedrooms Bedrooms1
Bathrooms Bathrooms1

Are you looking for a profitable investment option?

We will help you get an asset that is growing in value

Apartments
2 Bedrooms
from 947 sq. ft.
Ask for Price
2 Bedrooms Apartments
Ask for Price 947 sq. ft.
Bedrooms Bedrooms2
Bathrooms Bathrooms2

Are you looking for a profitable investment option?

We will help you get an asset that is growing in value

Floor Plans

About Our Approach to Work — Alcenza

At Alcenza Properties, we present the best properties in Dubai, whether for permanent residence or investment. Our team handles every aspect of the process, including transactions, documentation, legal issues, and logistics. This ensures you can focus on your daily life without wasting time on organizational matters.

Step 1.

Initial
Consultation

Our agent will arrange a personal meeting or discuss everything in a format that suits you best. During this consultation, you will outline your goals, be it residence, investment, visa acquisition, or other needs. We will provide you with the most optimal solutions.

Step 2.

Finding the Best Property

Based on your budget and investment goals, we will present a selection of real estate options, including off-plan, primary, and secondary market properties. We will handle all communication with a developer or private owner.

Step 3.

Communication With a Seller

We act as the liaison between you and the seller. From verifying documentation to organizing meetings and monitoring every stage of the transaction, we manage the whole process.

Step 4.

Legal Documentation and Management

Our team ensures the smooth and transparent transfer of property rights through the Dubai Land Department (DLD). We assist with visa applications and offer property management services.

15+
With extensive expertise in the UAE and European real estate markets, we are ready to offer you the most profitable solutions. We guarantee transparency and security at every stage of your transaction.
30%+ Profit From Resale
Our clients have achieved profits of up to 30% within just two years by reselling properties with our guidance.
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Peninsula One
About Us

Economic Attractiveness

Delivered by Select Group on a prime canal frontage, Peninsula One draws consistent buyer and tenant interest, which supports resale liquidity across the wider Peninsula community.

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1,84 mln 17%

Median price (AED)

2,770 7%

Median price per sqft (AED)

81 -37%

Transactions

Source: Data taken from DXB for the last year, overview Peninsula One by Select Group

ROI 7%

Canal frontage gives many homes water and skyline views, while concierge service, 24/7 security and the amenity deck strengthen the offer to tenants. Location is another advantage. Buyers looking to buy property in Business Bay can reach Business Bay Metro Station in 6 minutes by car and Sheikh Zayed Road in 15 minutes. Current listings indicate a Peninsula One rental yield of about 7%. As the tower is complete, a Peninsula One investment can be leased immediately after purchase. Resale transactions are completed by cash or mortgage rather than through a construction-stage payment plan.

Homes are sold on the resale market, with asking prices set by individual owners rather than a project-wide starting price for each unit type. Business Bay is a designated freehold zone, so foreign nationals may buy there outright. Purchases above AED 2 million may support Golden Visa eligibility, subject to confirmation at the time of sale.

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For Rent

A Peninsula One studio for rent currently starts at about AED 59,999 per year. Across the building, advertised annual rents range from roughly AED 85,000 to AED 180,000, depending on the home's size and outlook. Current project listings indicate a gross rental yield of about 7%. Canal views, completed amenities and access to Downtown, DIFC and Sheikh Zayed Road appeal to professionals seeking a central home, giving landlords a broad potential tenant pool.

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For Living

Life at Peninsula One centres on the canal and the convenience of a completed city home. Layouts range from studios to three bedroom simplexes, with balconies and maid's rooms in selected formats. Residents have a pool, gym, tennis court, jogging trails, gardens and round-the-clock security downstairs. Business Bay adds a walkable promenade, nearby dining and retail, with Downtown across the water. A studio for sale in Business Bay offers the same access to the tower's amenities and central setting.

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For Resale

Peninsula One's completed status supports its resale appeal. Buyers can inspect the actual home, assess its views and review the Peninsula One floor plans before committing. Finished amenities and the option to lease immediately also distinguish the tower from projects still under construction. Studios, apartments and simplexes give sellers access to several buyer profiles, while the canal-front freehold setting appeals to both investors and end users as the wider Peninsula community matures.

Project Materials of Peninsula One

Project Materials

Developer Peninsula One

Select Group is a Dubai-based developer with a premium reputation across residential, commercial and mixed-use real estate since 2002.

Founded by Rahail Aslam, Select Group has delivered more than 24.7 million sq ft of award-winning developments. Its completed portfolio includes The Residences at Marina Gate, Jumeirah Living Marina Gate, Studio One, 15 Northside and 98 Baker Street in London. Among Select Group projects, Marina Gate demonstrates the company's waterfront and lifestyle-led approach. Select Group's headquarters is within the Peninsula community, placing its team in the development it created.

Location of Peninsula One by Select Group

Peninsula One sits directly on the Dubai Water Canal within Business Bay, a central mixed-use district next to Downtown Dubai and its landmark attractions along the Sheikh Zayed Road corridor.

The tower stands near Al Meydan Street (D69), providing access to the wider road network. Sheikh Zayed Road (E11) is a 49 min drive away. From Peninsula One, The Dubai Mall takes 5 minutes by car, Burj Khalifa 9 minutes and the Dubai Water Canal 10 minutes.

Business Bay Metro Station on the Dubai Metro Red Line is 6 min away by car, connecting residents with Downtown, DIFC and the wider rail network. Taxi and bus services operate throughout the district. Dubai International Airport is a 12-minute drive from Peninsula One, while nearby arterial roads provide access across the city.

Attractions

Dubai Water
Canal

icon 10 min

Burj Khalifa

9 min

The Dubai Mall

5 min

Health Care

Ishraq Home Health
Care Centre

icon 2 min

Emirates Hospital Clinic

5 min

Mediclinic City Hospital

11 min

Education

Hartland International
School

icon 9 min

Jumeira Baccalaureate School

9 min

GEMS Jumeirah Primary School

8 min

Transportation

Dubai International
Airport

icon 12 min

Sheikh Zayed Road

20 min

Business Bay Metro Station

6 min

General FAQs

Below are the questions buyers and tenants ask most often about Peninsula One, from location and layouts to rents and returns. If your query is not covered here, reach out and our team will be glad to help.

Ask a Question

Where exactly is the Peninsula One residential tower located, and in which district?

Peninsula One forms part of Select Group's Peninsula waterfront community in Business Bay, Dubai. The tower stands directly on the Dubai Water Canal near Al Meydan Street. Business Bay Metro Station is 6 minutes away by car, while The Dubai Mall is a 5-minute drive. The address also places residents beside Downtown Dubai and the district's canal-side promenade.

Who is the developer behind Peninsula One?

Select Group developed Peninsula One. Established in 2002, the Dubai-based company has completed more than 24.7 million sq ft of award-winning developments. Its portfolio includes Jumeirah Living Marina Gate, The Residences at Marina Gate, Studio One and 15 Northside. The company is also headquartered within the wider Peninsula community in Business Bay.

What unit types and sizes are available at Peninsula One?

The 518 homes include studios and 1, 2 and 3 bedroom apartments, with tower, podium simplex and waterfront simplex formats. Sizes range from 385 sq ft for the smallest studios to 1,950 sq ft for three bedroom homes. The project contains 85 simplexes in total, comprising 15 podium residences and 70 waterfront residences.

Is Peninsula One ready to move into?

Yes. Peninsula One was completed and handed over in 2025. The 36 storey tower is ready for occupation, allowing buyers to inspect the actual residence before purchase rather than relying on an off-plan specification. After completing a resale transaction, an owner can move in without waiting for construction or prepare the home for leasing.

How can I buy a home at Peninsula One?

Homes at Peninsula One are bought on the resale market by cash or mortgage. There is no current Peninsula One payment plan tied to construction milestones because the tower has already been delivered. Asking prices are set by individual owners, and buyers can inspect the property before completing the transaction and arranging finance where required.

What amenities does Peninsula One offer?

Residents have access to an infinity pool, a children's pool, a gym, a tennis court and jogging trails. Landscaped gardens provide additional outdoor space. The building also includes an on-site healthcare centre, more than 450 parking bays, bicycle parking and electric-vehicle charging. Round-the-clock concierge service and CCTV cover the shared areas.

What rental yield can Peninsula One achieve?

Current project listings indicate a gross Peninsula One rental yield of about 7%. The tower's canal frontage, completed amenities and central Business Bay address support its appeal to tenants. Business Bay Metro Station is 6 minutes away by car, while access to Downtown and DIFC makes the location practical for professionals working in central Dubai.

What is it like to live in Business Bay?

Business Bay offers high-rise city living beside the Dubai Water Canal and Downtown. Residents have restaurants, cafes, supermarkets, clinics and the canal promenade nearby. The area is particularly convenient for professionals working in Business Bay, DIFC or along Sheikh Zayed Road. Families also live here, although many school options are in surrounding districts rather than within Business Bay itself.

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Peninsula One
Amirans Kavtaradze

List by

Amirans Kavtaradze

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Peninsula One

Starting Price AED 980 K

Handover Ready