Peninsula Five

Name: Peninsula Five
Address: Opal Tower - 705 Burj Khalifa Blvd - Business Bay - Dubai - United Arab Emirates, Business Bay, Dubai
Telephone: +971 44 192 015
Price range: AED1,000,000 - AED12,100,000
Rating: 4.58

(2 Reviews)

Executive Towers, Business Bay, Dubai

For Sale 47 Units

AED1,000,000

Dec 2024 Off Plan

36 Floors

321 Units

(2 Reviews)

For Sale 47 Units

AED1,000,000

Overview of Peninsula Five in Executive Towers, Dubai

Peninsula Five is a condo and apartment project located in Executive Towers, Dubai and it is scheduled for completion in Dec 2024. It has 321 units across 36 floors and was developed by Select Group, who is also behind Jumeirah Living Business Bay, Peninsula Three and Six Senses Residences.

About Peninsula Five

Peninsula Five is located in the vibrant yet tranquil district of Business Bay, Dubai. One of the most prominent and unique districts in Dubai. Homebuyers of Peninsula Five are in the central location of Dubai surrounding by other prominent districts of Dubai such as: Downtown Dubai, Dubai Financial International Center, Jumeirah, Dubai Creek Harbour, and Dubai Healthcare City. Commuting away Dubai from homebuyer’s apartment in Business Bay is a breeze. Non-driving residents have access to Business Bay Metro Station which a mere 3 minutes’ walk away. Owners travel to workplaces is a breeze as Business Bay, Downtown Dubai, and Dubai International Financial Center are close by to Peninsula Five apartments in Dubai. For leisure attractions and retail therapy is a breeze for homeowners in Peninsula Five at Business Bay.
Shopping Center:
- The Dubai Mall
- Boxpark
- Bay Avenue Mall
- Mall of the Emirates
Major Landmarks:
- Burj Khalifa
- Dubai Opera
- Ras al Khor Wildlife Sanctuary
- The Green Planet

As Business Bay is a major business hub in Dubai, the district is vibrant and buzzing all the time. However, residents of Peninsula Five apartments in Dubai can find solace as they are various parks, sports complexes, and of course golf courses in the vicinity of a laid-back and tranquil time. Business Bay community promote a healthy and active lifestyle for its residents.

Recreational Activities:
- Safa Parks
- Jumeirah Beach
- The Track, Meydan Golf
- Dubai Garden Glow

Homebuyers or real estate investors seeking for city lifestyle that epitomes luxury and comfort, then Peninsula Five apartments in Dubai is the perfect residential tower for your desire.

Project Information
Peninsula Five tower apartment in Dubai is located in Business Bay, Dubai, United Arab Emirates. Homebuyer of Peninsula Five apartments in Dubai have the opportunity to step into one of the luxurious surroundings in one of Dubai most vibrant and unique district of Business Bay. Peninsula Five apartment in Dubai offer elegant and beautiful apartment units in a configuration of studio, 1-, 2-, and 3-bedrooms condo for sale in Business Bay. Expats wishes to own real estate in Dubai can find solace in fact, apartments for sale in Business Bay are part of freehold zones in Dubai. Sale price of apartment in Business Bay, specifically Peninsula Five starts at 886K AED.

Peninsula Five is a high-rise apartment consisting for 36 residential floors. Homebuyers of Peninsula Five apartment in Business Bay have a clear view of the stunning Burj Khalifa, Downtown Dubai, and Dubai Canal. Peninsula Five apartment in Dubai offer homebuyers a total of 321 apartments units and a total of 60 Duplex units in Business Bay. Peninsula Five apartment in Dubai project is launched by Select Group and is schedule to complete on December 2024.

Room Types:
Apartment in Dubai: Peninsula Five
- Studio: 513 Sq. ft – 543 Sq. ft
- 1 bedroom: 702 Sq. ft – 1,438 Sq. ft
- 2 bedrooms: 1,161 Sq. ft – 1,864 Sq. ft
- 3 bedrooms: 1,168 Sq. ft – 1,815 Sq. ft

Business Bay Apartment for Sale: Peninsula Five
- Studio: 886K AED (USD 241K)
- 1 bedroom: 1.21M AED (USD 329K)
- 2 bedrooms: 2.04M AED (USD 555K)
- 3 bedrooms: 3.51M AED (USD 857K)

Facilities
- Swimming Pool
- Kids Pool
- Garden Area
- Gym
- Multipurpose Rooms
- Direct Beach Access
- 24-Hour Security
- Car Park

Directions
From The Dubai Mall drive along Sheikh Mohammed bin Rashid Blvd for 11 minutes. Drive passes the stunning Burj Khalifa through Downtown Dubai. Turn right at Bay Avenue Mall and drive for a few minutes and the destination is on the right along Dubai Creek Canal.

Video of Peninsula Five

Project Overview
Developer Overview
Peninsula by Select Group

Available Units at Peninsula Five

All
Studio
1 Bed
2 Beds

Get notified when new homes are being added to Peninsula Five

Sale Price : ฿5,759,000

FazWaz Estimate : ฿5,550,000

Price Rating : Great Price

Sale Price : ฿12,140,999

FazWaz Estimate : ฿11,990,999

Price Rating : Great Price

Sale Price : ฿1299,999

FazWaz Estimate : ฿179,999

Price Rating : Overpriced

Sale Price : ฿159,999

FazWaz Estimate : ฿149,999

Price Rating : Fair Price

Do you own a property at Peninsula Five?

Find out how much your property is worth and start your listing for free.

Facilities and Floor Plans

Facilities

Leisure

Communal Pool

Jacuzzi

Kids Pool

Library / Reading Room

Lounge

Communal Garden Area

Fitness

Communal Gym

Convenience

Car Parking

Direct Beach Access

Safety

24H Security

CCTV (Video Surveillance)

Payment Plan

40/60 Payment Plan

Installment Milestone Payment

Deposit

Upon reservation agreement signing

1st Installment

2 months after contract signing

10%

2nd Installment

6 months after contract signing

15%

3rd Installment

6 months after contract signing

10%

4th Installment

On completion

60%

Master Plan

Building Floor Plans

About the Developer - Select Group

All Select Group Projects

24 Projects 8,343 Units

CRAFTING A SECURE TOMORROW SINCE 2002

Select Group, a multi-disciplinary real estate development and investment company, has proven itself to be a dynamic and progressive enterprise. Positioning itself as one of the leading privately-owned real estate developers in the region since inception in 2002, the group has a work force of over 550 employees across GCC and Europe. Select Group’s projects comprise award-winning residential, commercial, hospitality, retail and mixed-use real estate developments.

With the development division at the core of the business, Select Group’s portfolio includes 20 million square feet of property with a combined GDV in excess of 17 billion dirhams. Astute financial planning, technical expertise and strong asset management allows the group to identify, execute and deliver real estate projects that generate maximum return for all stakeholders to the highest possible standard.

7,000 homes with a BUA of 13.5 million square feet, worth GDV of AED 11.5 billion, have been delivered to date. Another 3,500 homes with a BUA of 6.5 million square feet, worth GDV of AED 5.5 billion, are currently at various stages of development.

The investment division identifies real estate opportunities where Select Group can create value with a view to maximising returns. With extensive market research, the team identifies emerging trends and the group’s development expertise is utilized to redevelop and refurbish properties to high standards.

Expansion within the hospitality industry is another key element of Select Group’s diversification and growth strategy. Partnering with world renowned brands like InterContinental, Radisson Blue, Jumeirahᵀᴹ Group, Ibis Hotels, Melia Hotels and most recently Novum Hospitality reflects the continuous quest for quality within the hospitality division of the group.

With expertise in development, redevelopment, regeneration and investment, Select Group is focused on a value investing approach and works with the best in the industry – whether that’s suppliers, partners or employees – for unparalleled results.

Frequently Asked Questions

After you have found the right property you have to follow these steps:

- Agreement of terms and conditions
- Reservation Agreement
- Reservation Deposit
- Sales and Purchase Agreement
- Settlement & Transfer

40/60 Payment Plan

Installment Milestone Payment

Deposit

Upon reservation agreement signing

1st Installment

2 months after contract signing

10%

2nd Installment

6 months after contract signing

15%

3rd Installment

6 months after contract signing

10%

4th Installment

On completion

60%

Reviews

4.6 out of 5

Based on

2 Reviews

Maintenance

Staff / Security

Facilities on Site

Quality of Finishing

Value for Money

Location

+ Write a review

Epitome of Luxury Apartment in Business Bay

Kirk Wayne, Canada, 1 year ago

Peninsula Five is going to be a luxurious apartment overlooking central Dubai. Been living in Dubai for 5 years now and Business Bay is the place to be at. Near work places, near to golf courses, and lots and lots of waterside restaurants. From fine-dining to casual restaurants. Amazing for foodies. The 2-bedroom model apartment for sale in Business Bay is spacious, with white marble floors, big balconies, and an American style Kitchen. A 180 degree view of the stunning Burj Khalifa as well. Cant wait for the perfect investment opportunity.

Accelerated and Business Facility

Nicholas Flamel, New Zealand, 2 years ago

Living in Business Bay for me is able to accessible easily to financial or business opportunity including to our professional part. The area character is quite vivid and have financial hub for international. So, Peninsula Five is full of facility for support us in professional part such as multipurpose rooms for working space and also have a facility for served resident a relaxing part.

Dubai

Executive Towers

Neighborhood Overview

Buy
AED665K - AED168M
For Sale on FazWaz.ae
497 properties
Rent
AED3.75K - AED44K
For Rent on FazWaz.ae
154 properties
To Business Bay
3.2 km / 9 minutes by driving
To Dubai International Airport
20.8 km / 24 minutes by driving

Location and Neighborhood

Surrounding area

Peninsula Five is located 2030 m from ZOOM and it can be reached within 6 mins by car.

There are many other shops situated in the area of Peninsula Five, the 3 closest being:
- Unicity Global is 320 m away (about 4 mins. by foot)
- Unicity Dubai is 380 m away (about 5 mins. by foot)
- Marasi Promenade is 610 m away (about 8 mins. by foot)

The surrounding area, where Peninsula Five is situated, offers a wide variety of restaurants. See the closest of them below:
- Jabbour Restaurant Business Bay is 40 m away (a walk of about 1 min.)
- Pak Jinnah Sweets & Restaurant Business bay Branch is 140 m away (a walk of about 2 mins.)
- SACHI Sushi and More is 320 m away (a walk of about 4 mins.)

Perfect Smile Dental Center is the nearest health facility, which is 450 m away (you can walk there in 6 mins.) from the project, while the closest schools in the proximity of Peninsula Five are:
- Maple Bear Pre School, Dubai is 300 m away (about 4 mins. by foot)
- Language Skills is 300 m away (about 4 mins. by foot)
- OCD Events LLC is 530 m away (about 6 mins. by foot)

Dubai International Airport is located 22.9 km from Peninsula Five and it takes about 29 mins. by car or taxi (depending on the traffic) to get there.