Select Group, one of the region’s largest private real estate developers, has announced the launch of the 36-story Peninsula Two tower located in the heart of Dubai’s Business Bay. This accelerated launch is the result of very successful sales on Peninsula One.
Living on the waterfront at its best, Peninsula Two will offer a unique blend of residential and commercial units in the heart of Business Bay with sweeping views of the iconic Burj Khalifa, the famous downtown skyline and Dubai‘s serene canal, all thanks to precise strategic planning. Aimed at modern professionals, Peninsula Two offers residents a range of amenities on their doorstep with an adjacent 66,000 square foot shopping center that will house the daily needs of the busy millennial. A large-scale high-end supermarket stands alongside stylish waterfront cafes and restaurants, while salons, barbers, a pharmacy, and convenience stores keep the necessities close to you.
âWe are delighted to reveal our plans for Peninsula Two, following the success of Peninsula One which has clearly illustrated the market appetite for community and lifestyle driven development at Business Bay. We are not only creating a unique real estate offering, but building a neighborhood designed to promote and foster an active and engaging lifestyle in all areas, âsaid Rahail Aslam, CEO of Select Group.
Scheduled for completion in Q4 2024, Peninsula Two will be part of the first suburban-style ecosystem in the heart of Dubai’s bustling Business Bay. It will provide residents with a comprehensive community experience on their doorstep. With access to numerous well-maintained parks, unrivaled communal sports facilities, a waterfront market with a range of restaurants and cafes, a variety of entertainment venues and hotels, the peninsula presents a completely enriched lifestyle community.
The units in this highly anticipated development range from stylish studios to one and two bedroom apartments that will be adjacent to a 66,000 square foot community shopping center. Peninsula is located in Business Bay, one of the best connected places in Dubai city. Located near Dubai Old Town, Downtown, DIFC and Marina, it offers residents unrestricted access to all of the city’s most recognizable landmarks.
The peninsula will be delivered in phases over the next 5-7 years and will feature 9 unique developments, ranging from high rise towers to luxurious low rise waterfront villas and bellesx.