All phases completed · ready to move in
Six towers on the Dubai Water Canal in Business Bay, by Select Group: studios to penthouses with Burj Khalifa across the water, about a kilometre from the metro.
This week's studios to three-bedrooms, in all six towers, furnished or not.
02 · BuyersReady resales with title, and off-plan resales in the towers still being built.
03 · OwnersFor rent or for sale: appraisal in 24 hours, marketing under permit.
04 · LandlordsHandover snagging, tenant, Ejari, rent, maintenance and inspections, from Dubai or abroad.
The Address
The Peninsula is Select Group's master community on the Dubai Water Canal in Business Bay: some 3,300 homes in six residential towers, with a Grade A office tower, a 66,000 sq ft community mall anchored by Spinneys, and The Plaza, a marketplace with a terrace over the water.
Launched in 2021 and sold out before completion, every residential phase has now been delivered, the last in 2026: homes to visit this week, rented and sold at prices registered with the Dubai Land Department.
The Phases
Peninsula Five was handed over first, in early 2025, then One, Two and Three; Peninsula Four, The Plaza, completed in 2026 and its owners are receiving their keys now. Each tower has its own size range, price level and rent.
Handed over 2025Developer render · Select GroupPeninsula One
The first tower of Phase 1: studios and one-bedrooms above a podium of waterfront simplexes on the canal.
CompletedDeveloper render · Select GroupPeninsula Two
Studios to two-bedrooms beside the community mall, the most compact homes of the master plan.
Completed Q4 2025PhotoPeninsula Three
The 49-storey "art district" tower, with padel and tennis courts, a skatepark, a running track and two pools.
Completed 2026 · handoversDeveloper render · Select GroupPeninsula Four, The Plaza
Two 52-storey towers, 16 waterfront duplex lofts and The Plaza marketplace over the canal: the newest phase, keys being handed over.
Handed over 2025Developer render · Select GroupPeninsula Five, The Signature Collection
The first phase handed over: a 36-storey tower and two waterfront duplex blocks with a rooftop pool, at the tip of the peninsula.
CompletedDeveloper render · Select GroupJumeirah Living Business Bay
82 serviced residences and penthouses with Jumeirah Group services: concierge, housekeeping, valet and a residents' lounge.
Status and building figures as published by Select Group (October 2026); handover dates vary by unit. Median sale and sales count: transactions registered at the Dubai Land Department over the last 12 months; average rent: last 12 months; both as published by Property Finder on 9 October 2026. Images marked "Developer render" are Select Group visuals.
Available Now · October 2026
For rentListing photo2 Bedroom · Peninsula Three
923 sq ft2 bathroomsBurj Khalifa & canal viewBrand new
AED 160,000 / yr · asking
Ref. Peninsula-HBS001451-DB · DLD permit 71406140529 · Updated Aug 2026
For rentListing photo1 Bedroom · Peninsula Three
655 sq ftBurj Khalifa & canal viewBrand new
AED 115,000 / yr · asking
Ref. Peninsula-HBS001482-CT · DLD permit 71406165144 · Updated Jul 2026
For rentPhoto · a Peninsula apartmentStudio
339 – 543 sq ftAll towers
from AED 62,000 / yr*
This week's list on request
For rentDeveloper render3 Bedroom
1,684 – 3,633 sq ftAll towers
from AED 315,000 / yr*
This week's list on request
For salePhoto · a Peninsula apartmentStudio
339 – 543 sq ftAll towers
AED 1.05M – 1.425M · DLD sales*
This month's resales on request
For salePhoto · a Peninsula apartment1 Bedroom
549 – 1,217 sq ftAll towers
AED 1.5M – 2.4M · DLD sales*
This month's resales on request
For salePhoto · a Peninsula apartment2 Bedroom
897 – 1,453 sq ftAll towers
AED 1.95M – 3.55M · DLD sales*
This month's resales on request
For saleDeveloper render3 Bedroom
1,684 – 3,633 sq ftAll towers
AED 4.4M – 5M · DLD sales*
This month's resales on request
Penthouses, lofts & duplexes
Peninsula Four lofts, Peninsula Five duplexes and Jumeirah Living residences: rare, often sold off the portals. Tell us what you are looking for.
Own a unit at The Peninsula?
List it for rent or for sale: it appears here and goes to our tenants and buyers, under a DLD permit.
Own a unit at The Peninsula?
List it for rent or for sale: it appears here and goes to our tenants and buyers, under a DLD permit.
* Listing cards are listings of our recommended agent HBS Real Estate, each advertised under its own DLD permit, at the asking rent listed; availability is confirmed in writing. Other cards show ranges, not specific units: asking rents observed on Property Finder and sales registered at the Dubai Land Department (July – October 2026), read on 9 October 2026; this week's list is sent on request. Photos are of Peninsula Three apartments; furniture and finishes of the unit offered may differ.
The Residences
Full-height glazing, balconies over the canal or towards Burj Khalifa, fitted kitchens and stone bathrooms. Above the tower apartments: simplexes and duplex lofts on the waterfront, and Jumeirah Living's penthouses. Sizes from the developer and registered sales; prices from October 2026 figures.
* Rent: asking ranges observed on Property Finder on 9 October 2026. Sale: sales registered at the Dubai Land Department across the Peninsula towers, July – October 2026. Both exclude DLD fees (4%), agency fees and service charges; asking prices for sale currently sit above registered sales (median asking AED 1.3M for a studio, AED 2.0M for a one-bedroom). Four-bedrooms, lofts and penthouses are priced unit by unit. Availability is confirmed in writing with every enquiry.
The Amenities
Every tower has its own pools, gym and lounges; Peninsula Three adds padel and tennis courts, a skatepark, a running track and a yoga deck. Around them: parks, play areas, the canal promenade, a 66,000 sq ft community mall with Spinneys, and The Plaza's terrace over the canal.
Photo
Owners · The Peninsula
Keys to collect, a tenant to find, a sale to plan, or simply less work? The Peninsula desk takes your apartment from the handover inspection to income, for owners in Dubai or abroad. Fees agreed in writing first.
Before you sign off the handover, the unit is inspected with you or for you, and every defect is followed up with the developer.
What your apartment rents for this month, on the rents signed at The Peninsula, then marketing under a DLD permit until it is let.
Rent collection, maintenance and renewals, with a statement you can read from abroad and an inspection report every year.
A valuation on this month's DLD transactions at The Peninsula, ready or off-plan, marketing to buyers in Europe and the Gulf, NOC and transfer handled.
Rent estimator
* Asking rents on Property Finder, 9 October 2026. Gross yield = asking rent ÷ median price (median asking price for studios and one-bedrooms, median registered sale for two-bedrooms), before service charges, vacancy and fees; net yields are lower. Not guaranteed.
The owners' desk
Appraisal, management proposal or sale valuation within one working day. No obligation.
Thank you.
Your request is with The Peninsula owners' desk. We will come back to you within one working day (Mon – Fri 8:30 – 19:00 · Sat 9:00 – 13:00, Dubai time). Prefer to talk now? Your details are saved.
Developer render · Select Group
“Downtown across the water, finished and lived in.”
The Community
A bend of the Dubai Water Canal between Business Bay and Al Safa, reached from Sheikh Zayed Road, Al Khail Road and Marasi Drive. Downtown, the Dubai Mall and Burj Khalifa are across the water; DIFC and the beaches about ten minutes away.
For residents: a supermarket and cafés downstairs, the canal promenade for running, Business Bay metro about a kilometre away. For owners: one of Dubai's deepest rental markets, with professionals working in Downtown, DIFC and Business Bay itself.
See The Peninsula on the mapIndicative drive times outside peak hours, as published by Select Group (DXB: Property Finder). Metro: straight-line distance from the community to Business Bay station.
The Market · October 2026
On October 2026 figures, a Peninsula one-bedroom is listed for rent at about AED 125,000 a year and for sale at about AED 2M: about 6.3% gross. Studios come out near 6.5%, two-bedrooms near 7% on registered prices. The median registered price has eased from about AED 2,600 per sq ft in late 2025 to about AED 2,465, as the last towers were delivered. We share the rents actually signed on comparable units, so you can run the numbers on a specific apartment.
Sources: Property Finder listings (876 for rent, 695 for sale) and Dubai Land Department transactions as published by Property Finder, read 9 October 2026; price per sq ft trend as published by FAM Properties. Figures are indicative, exclude DLD fees (4%), agency fees and service charges, and change weekly. No yield is guaranteed; net yields are typically 1 to 1.5 points lower. USD at the official peg of 1 USD = 3.6725 AED.
Developer render · Select Group
The Developer
Founded in Dubai in 2002, Select Group has built a portfolio of more than 24.7 million sq ft and delivered over 10,000 homes, in Dubai Marina, Business Bay, Palm Jumeirah and London. The Peninsula, launched in 2021, was sold out off-plan by May 2025; its six residential towers were delivered between early 2025 and 2026.
This website is an independent marketing publication and is not the developer's official site.
Recommended Agent
The Peninsula desk answers tenants, buyers and owners, follows every request through, and works with its recommended agent HBS Real Estate, a RERA-licensed brokerage in Business Bay since 2006, for viewings, contracts, listings and property management.
What is genuinely available this week, furnished or not. Viewings in person or by video, contract and Ejari handled.
Ready apartments with title, vacant or tenanted, and off-plan resales in the towers still being built, including units from owners we work with.
A valuation on this month's DLD transactions at The Peninsula, marketing to buyers in Europe and the Gulf, NOC and transfer handled.
Handover snagging, tenant search, Ejari, rent collection, maintenance, renewals, inspections and a monthly statement, for owners in Dubai or abroad.
Our recommended agent: HBS Real Estate, an independent brokerage registered with RERA (ORN 1774). This website is an independent publication and is not the developer's official website.
Frequently Asked
Yes. Peninsula Five was handed over first, in early 2025; Peninsula One followed from July 2025, then Peninsula Two, Peninsula Three and Jumeirah Living Business Bay; Peninsula Four, The Plaza, completed in 2026 and its handovers are under way. Select Group sold the whole community off-plan before completion, so today homes are available for rent and resale.
In Business Bay, on a bend of the Dubai Water Canal facing Downtown Dubai, reached from Sheikh Zayed Road, Al Khail Road and Marasi Drive: about 6 minutes from Burj Khalifa and the Dubai Mall, 10 minutes from DIFC and 20 minutes from DXB, outside peak hours. Business Bay metro station is about a kilometre away.
On 9 October 2026, median asking rents on Property Finder were AED 85,000 a year for a studio, AED 125,000 for a one-bedroom, AED 180,000 for a two-bedroom and AED 315,000 for a three-bedroom. Rents differ by tower: over the last 12 months they averaged about AED 107,000 in Peninsula Two, AED 110,000 in Peninsula Three and AED 177,000 in Peninsula Five. Ask for this week's availability.
The median price registered at The Peninsula was about AED 2,465 per sq ft in September 2026, down from about AED 2,600 in late 2025. Recent registered sales: studios AED 1.05M–1.43M, one-bedrooms AED 1.5M–2.4M, two-bedrooms AED 1.95M–3.55M and three-bedrooms AED 4.4M–5M.
Peninsula Two is the most compact (studios to two-bedrooms, next to the mall); Peninsula Three is the tallest single tower, with the sports amenities; Peninsula One and Five add waterfront simplexes and duplexes; Peninsula Four is the newest and largest, from studios to 4-bedroom penthouses and lofts; Jumeirah Living Business Bay is the branded, serviced option. Compare the six towers.
No. All phases were sold out off-plan, and the launch offers seen on older pages no longer apply. A resale of a completed unit is paid at transfer, in cash or with a mortgage, plus the 4% DLD fee; the seller's terms are confirmed in writing for each unit.
Yes. A snagging inspection before you sign off the handover lists every defect with photos, and each one is followed up with the developer. DEWA, cooling and internet are set up, then the unit can be furnished, let and managed, including while you live abroad. Book a handover inspection.
Yes. Property management covers tenant search, tenancy contract and Ejari, rent collection, maintenance, renewals, an inspection report every year and a monthly owner statement. Fees are agreed in writing before anything starts. Ask for a management proposal.
No one can guarantee a yield. On October 2026 figures, median rents against median prices give about 6–7% gross before service charges: about 6.3% for a one-bedroom. Net yields are typically 1 to 1.5 points lower. Ask for the rents actually signed on comparable units before you decide.
Yes. Business Bay is a freehold area, where buyers of any nationality can own property outright, registered with the Dubai Land Department.
Select Group publishes about AED 30 per sq ft for Jumeirah Living Business Bay. For Peninsula One to Five we have not found a published figure we can verify; we share the current service charge of a specific apartment with every rental or sale proposal.
HBS Real Estate is the recommended agent of The Peninsula desk: a RERA-licensed brokerage in Dubai since 2006 (ORN 1774), based in Business Bay, a few minutes from the six towers. It handles viewings, tenancy and sale contracts, listings under DLD permit, handover inspections and property management at Peninsula One to Five and Jumeirah Living Business Bay, in English, French and Arabic. Requests go through this page: send yours and the desk answers the same working day.
Enquire
One message, one advisor who knows Business Bay, an answer the same day. Owners: use the owners' desk.
Thank you.
Your request is with The Peninsula team. An advisor will contact you during office hours (Mon – Fri 8:30 – 19:00 · Sat 9:00 – 13:00, Dubai time), or first thing the next working day. Prefer to talk now? Your details are saved.
The Peninsula Desk
Rent · Buy · OwnersRecommended agent: HBS Real Estate · RERA ORN 1774
Tell us who you are and WhatsApp opens with your message ready to send. Replies during office hours, Dubai time.
