# Peninsula Dubai — Apartments for Sale | WIZI PREMIUM > Buy at Peninsula by Select Group: canal-front Business Bay living 2 km from Burj Khalifa. Studios from ~AED 1.09M resale, towers ready or handing over 2026. > Canonical (HTML): https://wizipremium.com/projects/peninsula-select-group.html > Markdown twin generated from the live page content. Date: 2026-09-16 --- By WIZI PREMIUM · Updated 27 June 2026 In short Select Group built Peninsula on a spit of land wrapped by the Dubai Canal in Business Bay — about 3,300 homes across seven plots, 2 km from Burj Khalifa. The developer sold out the entire project by May 2025, so buying today means resale: studios from ~AED 1.09M, 1-beds from ~AED 1.63M. Towers One, Three and Five are delivered; Two and Four hand over through 2026. Gross yield averages ~6.4% — solid, with genuine waterfront on three sides. Developer: Select Group · Sources: developer brochure, Bayut, Property Finder, DLD · 2026 The project ## About Peninsula in Business Bay Peninsula is Business Bay's only true peninsula address: water on three sides of a master plan that runs from the 36-storey Peninsula One (delivered July 2025) to the twin 52-storey Peninsula Four with its retail Plaza, a 66,000 sqft community mall, Spinneys and clinics on site. Unit sizes run compact — studios from 339 sqft in the early towers up to lofts of 4,500+ sqft in Four — which keeps entry tickets among the lowest for canal-front Downtown-adjacent living. For buyers the calculus is a ready or nearly-ready waterfront asset without off-plan wait: developer stock is gone (AED 7B sold), so pricing is set by the secondary market — around AED 2,600/sqft average. Property Finder tracks roughly 6.4% gross yield for the community. The flip side is a heavy listing overhang: 780+ resale units compete for buyers and tenants, and the 2026 handovers of Towers Two and Four add rental supply in the short term. Business Bay, Dubai Gallery ## Inside Peninsula Prices & payment · 2026 ## How much Peninsula costs | Type | From | Gross yield | |---|---|---| | Studio | ~AED 1.09M | 6.5-7% | | 1 bedroom | ~AED 1.63M | 6-6.5% | | 2 bedroom | ~AED 2.4M | 6-6.5% | | 3 bedroom | ~AED 7.5M | 5-6% | Indicative 2026 launch pricing; varies by unit, floor and view. Payment plan: Resale: cash or mortgage. Sources: Select Group, Property Finder, DLD. Investment view ## Is Peninsula right for you ? ### In favour - Real waterfront on three sides — unique for Business Bay - Delivered or delivering: no off-plan construction risk left - 2 km to Burj Khalifa with the Plaza, mall and Spinneys on site - Entry from ~AED 1.09M — low ticket for canal-front Downtown fringe ### Worth knowing - No developer stock — resale only, at sellers' asking prices - 780+ active listings mean real competition when you exit or let - Towers Two and Four handing over in 2026 add rental supply at once - Compact layouts in early towers — studios from just 339 sqft Calculator ## Estimate your return Currency AED 1.05M AED 2.9M Gross estimate from typical Business Bay yields; net is lower after service charges (AED 12–25/sq.ft). Off-plan rent applies after handover (Ready - 2026). Monthly rent — Annual income — Gross yield — Payback — ### Get Peninsula units that match this A shortlist with floor plans, payment plan and yield breakdown — to your WhatsApp within the hour. FAQ ## Common questions **How much is an apartment at Peninsula Business Bay?** On the resale market studios start around AED 1.09M, 1-beds from about AED 1.63M, 2-beds from roughly AED 2.4M. Premium waterfront lofts in Peninsula Four reach AED 13.5M. **Can I still buy from the developer at Peninsula?** No — Select Group completed off-plan sales of the entire project by May 2025. All purchases today are resale or assignment deals, which we negotiate directly with owners. **Which Peninsula towers are ready?** Peninsula One, Three and Five are delivered and lived-in; Peninsula Two and Four (The Plaza) hand over through 2026. **What rental yield does Peninsula give?** Property Finder tracks about 6.4% gross for the community; Business Bay overall runs 6-8% depending on unit size and tower. **Is Peninsula a good investment?** Peninsula tracks about 6.4% gross yield, and suits buyers who want genuine canal-front living with water on three sides — rare for Business Bay. As with any Dubai purchase, returns depend on unit, floor and handover (Ready - 2026); we model the net figure per unit before you commit. **What is the payment plan at Peninsula?** Peninsula is offered on a Resale: cash or mortgage plan (developer terms, subject to availability). Handover is Ready - 2026. We confirm the exact schedule and any current incentives per unit on request. **Can a foreigner buy at Peninsula?** Yes. Peninsula is in a freehold zone, so foreigners get full ownership and can buy remotely by power of attorney. Entry is around AED 1.09M; a purchase at or above AED 2M also qualifies for the 10-year Golden Visa. Explore more ## Related pages [Six Senses Residences Dubai Marina](https://wizipremium.com/projects/six-senses-residences-marina.html) [Off-plan guide](https://wizipremium.com/buy/off-plan-dubai.html) [All Dubai projects →](https://wizipremium.com/projects.html) Get started ## Buy at Peninsula Leave your details — we'll send live availability, floor plans and the full payment plan. Free; we reply within an hour.