Business Bay · Dubai

Peninsula Two by Select Group

ReadyApartmentApartmentStudio to 2 bed, 339 – 965 sqft60Fair· 95%
Price from
AED 1.55M
≈ $422K
Per sqft
AED 4,572
estimated
Handover
Ready
100% built, 13 Sep 2026
Payment plan
40/0/60

About

Peninsula Two is a completed apartment tower of 1,024 homes by Select Group in Business Bay, Dubai, with studios to two-bedroom apartments from about 339 to 965 sq ft.

Homes are handed over and prices start at AED 1,550,000 for what is still on sale, on a 40% booking and 60% on handover plan. The project is registered in Dubai as 2318, escrow account 0204977502014, and the register records it as complete.

The figures here are the starting price and plan as published for the project. Confirm the price, unit availability and service charge with the developer before committing.

  • Select apartment tower in Business Bay
  • Studios to two-bedroom apartments from 339 sq ft
  • 40/0/60 payment plan
  • Handed over
Developer
Select Group
Status
Ready
Sales launch
1 Nov 2021
Total units
1,024
Ownership
Freehold

Payment plan

Down payment
40%
On handover
60%

40% Down Payment (On Booking Date); 60% On Handover (100% Completion)

Unit types

TypeBedroomsSize (sqft)
ApartmentStudiofrom 339
Apartment1 bed
Apartment2 bedup to 965

Rendr score

60of 100 · Fair

Based on 6 of 7 factors, 95% of the weight, as of 14 Sep 2026. Not ranked: the ranking lists only published projects still on sale. Our opinion, not investment advice.

Confidence: lowthe price figure is our estimate from the starting price and the smallest home, not a registered or stated price.

Every factor, its weight and the data behind it are listed below. The formula is public: how the Rendr score works. A figure you believe is wrong can be checked: write to alexk.dxb02@gmail.com with the source.

How it was scored

Unlock the full breakdown

Every factor, the data behind it, and how the score has changed.

I am

One registration opens every project’s working on Rendr for 90 days. Our opinion, not investment advice.

Price against the market

AED 4,572/sqft (est.)

The DLD median for apartments in Business Bay is AED 2,551/sqft (as of 13 Sep 2026). This project's figure is our estimate from the starting price and the smallest unit, so it is not compared: the gap appears once the register shows this project's own sales or the developer states a price per sqft.

Amenities

  • 24x7 Security
  • Basketball Court
  • Dining Outlets
  • Green Surrounding
  • Gymnasium
  • Health Care Centre
  • Infinity Pool
  • Kids Play Area
  • Marina & Yacht Club
  • Parking Facility
  • Restaurants
  • Retail Outlets
  • Supermarket
  • Swimming Pool
  • Tennis Courts

Location

Mixed-use towers along the Dubai Canal, immediately south of Downtown.

Registration and trust

Escrow account
0204977502014
DLD project registration
2318
Developer licence
Not published yet
Brochure
Not published yet
Figures from
tanamiproperties.com (tanamiproperties.com/Projects/Peninsula-Two), saved 2026-09-13
Last verified
13 Sep 2026
Construction figure from
the DLD's project register, 13 Sep 2026
Launch date from
the DLD's project register

An escrow account is a regulated account the developer cannot draw on freely: your payments go in and are released as building progresses. Escrow accounts and project registrations are published by the Dubai Land Department (DLD) on dubailand.gov.ae. Always check them, and pay into the escrow account only, before handing over a deposit.

Changes

  1. Listed on the site

    Source: tanamiproperties.com (tanamiproperties.com/Projects/Peninsula-Two), saved 2026-09-13

Peninsula Two: questions buyers ask

How much does Peninsula Two cost?
Prices at Peninsula Two start from AED 1,550,000 (about $422K) for studios, 1-bedroom and 2-bedroom homes, which is around AED 4,572 per sqft, estimated from the unit sizes. Asking prices come from the developer and change without notice.
When does Peninsula Two hand over?
Peninsula Two is built and handed over, so a home bought here is ready to occupy rather than off-plan.
What is the payment plan at Peninsula Two?
Peninsula Two is offered on a 40/0/60 plan: 40% on booking, 0% during construction and 60% at handover. Developers change plans between phases, so confirm yours before signing.
Who is the developer of Peninsula Two?
Peninsula Two is being developed by Select Group. It sits in Business Bay, Dubai. You can see every project by Select Group we list, and how their asking prices compare with registered sales, on their page.
Can foreigners buy at Peninsula Two?
Peninsula Two is in a freehold area, so buyers of any nationality can own a home here outright rather than on a lease. Dubai sets which zones are freehold; confirm the title type on your own unit's contract before paying.
Is Peninsula Two registered and escrow-protected?
Peninsula Two is registered with the Dubai Land Department (DLD) under number 2318. Buyer payments go to escrow account 0204977502014. Every off-plan project must be registered and sell through an escrow account, where the money is released as building progresses. Check both at dubailand.gov.ae before you pay.

From

AED 1.55M

The score