Peninsula Apartments in Business Bay, Dubai

KEY DETAILS:

Luxurious lifestyle amenities.

State of the art fitness centre.

Located in the heart of Business Bay.

Within close proximity to Downtown Dubai.

Easy payment plan.

Prime location for rental opportunities.

Unique waterfront location within Dubai Canal.

Excellent rental yields.

Luxurious layouts and spacious quality finishes.

PRICES STARTING FROM:

The Tower

Studio Apartment: AED 630,000.

One Bedroom Apartment: AED 925,000.

Two Bedroom Apartment: AED 1,400,000.

Podium Simplexes

One Bedroom Apartment: AED 1,300,000.

Two Bedroom Apartment: AED 3,480,000.

Three Bedroom Apartment: AED 2,860,000.

Waterfront Simplexes

One Bedroom Apartment: AED 1,030,000.

Two Bedroom Apartment: AED 2,000,000.

Three Bedroom Apartment: AED 3,780,000.

PAYMENT TERMS:

5% upfront as a reservation fee.

10% to be paid within 30 days (SPA issued)

15% to be paid within 6 months of initial payment

70% on completion of project

DLD Registration fee will be paid by the developer.

Peninsula is thoughtfully designed, and strategically located in the heart of Business Bay. Peninsula's residences will create a foundational community which will in due course become the soul of one of the world's most desirable destinations.

Peninsula will stand out as the most unique waterfront waterfront destination in Business Bay. Due to its distinctive placement and design, it offers clients the rare opportunity of owning an 'island home' stationed within Dubai Canal itself.

Surrounded by the majestic Dubai Canal on 3 sides, this development will create an oasis of serenity in a truly unique setting, while becoming a sterling addition to the spectacular Downtown skyline.

Peninsula will create a thriving and anchoring hub in Business Bay. It will form a community akin to Dubai Marina, by creating an environment to cater for the needs of all its residents.

A NEIGHBOURHOOD LIKE NO OTHER:

Peninsula is set to become the first truly community focused residential master development in the Downtown District of Dubai.

It will represent the pinnacle of destination living within the city and will promote and foster an active, and community orientated lifestyle, through social connectivity in all walks of life. It will provide residents with an all-encompassing community experience right on their doorstep.

Peninsula will be accessible from the canal by way of a convenient jetty, designed and placed to accommodate residents throughout the community.

BUSINESS BAY REIMAGINED

Peninsula will become the epicentre of the urban waterfront living in the heart of one of Dubai's trendiest locations.

One of the core features of Peninsula is the striking promenade, which will feature an array of cafes, restaurants and retail spaces. It will also provide parks, gardens, and a variety of waterfront amenities along Dubai Canal, as well as unrivaled communal fitness facilities such as tennis, squash and basketball courts as well as a one of a kind skate park.

The public parks and recreational spaces offer unadulterated exposure to a thriving natural environment like no other in Business Bay, all on the doorstep of unmatched, luxurious waterfront residences.

PENINSULA - THE HEART OF BUSINESS BAY

Peninsula is one of the most well-connected locations in the Downtown District of Dubai, it can be accessed directly by off Sheikh Zayed Road, First Al Khail Street and Marasi Drive. It is within a short distance of the Business Bay Metro Station, an array of bus routes and given its waterfront setting, it is serviced by RTA Marine water taxis.

It's located a short distance from a multitude of the most popular and famous landmarks in Dubai, such as Dubai Mall, Burj Khalifa and Dubai Opera.

6 minutes to Dubai Opera.

7 minutes to Dubai Mall / Burj Khalifa.

7 minutes to Business Bay Metro Station.

11 minutes to Design District.

12 minutes to Meydan.

12 minutes to DIFC.

14 minutes to Dubai Healthcare City.

15 minutes to Ras Al Khor Wildlife Sanctuary.

16 minutes to Dubai International Airport.

Peninsula's retail has been designed to ensure every possible convenience is available to residents. Providing access to supermarkets, beauty salons, F&B outlets and cafes guarantees all is in place to create the ultimate community experience in the heart of a thriving district.

PENINSULA ONE - The First Step:

Peninsula One will be the first development to break ground in this stunning master development.

This plot will be home to 3 unique and exclusive residential projects, all of which cater directly to the varying needs of discerning customers.

Peninsula One will be home to:

The Tower Apartments

The Podium Simplexes

The Waterfront Simplexes

PENINSULA ONE THE CHOICE IS YOURS:

With 518 individual units to choose from, Peninsula One caters to the widest array of preferences in a single community in Business Bay. From a 36-story tower which will offer unrivaled views of the iconic Downtown Skyline, featuring 433 units - predominantly studios and one beds, which are tailored to the needs of the modern working professional, to 15 premium podium simplexes, ranging from 1 to 3 bedroom selections. Additionally, Peninsula One will feature 70 luxury waterfront simplexes spread over 6 floors.

Peninsula One will span over 372,000 sqft and offer the most unique residential options in the area. Unit sizes will range from studios starting at 385 sqft to spacious 3 bed apartments of 1,950 sqft.

Completion of Peninsula One is Q4 2024.

CONSTRUCTION SPECIFICATIONS:

Enabling works have commenced on Peninsula One. It has an expected completion date of Q4, 2024.

Total number of units: 518

Total number of studios: 186

Number of 1 beds: 182

Number of 2 beds: 141

Number of 3 beds: 9

Unit size range: 385 sqft to 1,950 sqft

ADDITIONAL SPECIFICATIONS:

Provided kitchen appliances:

Tower: Hob, oven, extract hob, fridge/freezer & connection points enabled for washing machine.

Podium/Waterfront: Hob, oven, extract hob, fridge/freezer, connection points enabled for washing machine & dish washer.

Energy source for oven/hob: Gas

Shared communal spaces: BBQ deck located on podium level.

Security level within buildings: CCTV monitor, fire alarm panel, and main intercom station, video intercom provided in the stacked units and audio in the tower's apartment.

Car parking spots: 537

Bike stands: 79

Electric car chargers: Provided

Podium rooftop landscape.

All units have mechanically ventilated basement parking access.

Maid's rooms provided in 2 bed / 3 bed units in podium / waterfront simplexes.