Peninsula Five, Business Bay

Peninsula Five by Select Group brings contemporary waterfront living to the heart of Business Bay, one of Dubai’s most connected and fast-moving urban districts. Set within the wider Peninsula community, the tower is positioned for buyers and tenants who want a modern address close to Downtown Dubai, DIFC and major road links, while still enjoying a more residential atmosphere by the canal. Completion is scheduled for Q4 2024. The project offers a broad apartment mix, from efficient studios to spacious 1, 2, 3 and 4-bedroom homes, making it relevant for both end-users and investors targeting strong rental demand. This variety supports a wide tenant profile, from young professionals working in Business Bay and Downtown to families seeking larger layouts in a central location. With 36 floors, the building is designed to deliver elevated city living in a well-established freehold area known for consistent buyer interest. Business Bay remains one of Dubai’s most active real estate markets thanks to its central setting, direct access to key commercial hubs and proximity to premium lifestyle destinations. Residents at Peninsula Five benefit from being near the city’s business core while staying close to waterfront promenades, dining venues and everyday conveniences. For investors, this is the kind of location that typically supports long-term occupancy and broad resale appeal. The amenity offering is tailored to practical daily use rather than excess, with facilities that suit both individuals and families. A swimming pool and kids’ pool create a relaxed leisure environment, while the sauna room and steam room add a wellness element. A basketball court brings an active outdoor component that stands out in an urban residential setting. Key advantages: - Prime Business Bay address within the Peninsula waterfront community - Developed by Select Group, one of Dubai’s established developers - Completion expected in Q4 2024 - 36-storey residential tower in a central freehold location - Apartment options from studio to 4-bedroom layouts - Strong appeal for both end-users and investors - Close to Downtown Dubai, major business districts and key road connections - Amenities include swimming pool, kids’ pool, sauna room, steam room and basketball court