About Peninsula Five
Peninsula Five is a residential development by Select Global Development, in Business Bay, Dubai. The project comprises 383 homes across 3 buildings.
Key information
Developer
Select Global Development
- Handover
- Q4 2024
- Status
- Handed over
- Location
- Business Bay, Dubai
- Master project
- Business Bay
- Construction started
- 2022
- Number of buildings
- 3
- Number of units
- 383
- Registered with DLD
- 18 Jan 2022
- Escrow bank
- Emirates NBD
- Escrow account no.
- 0204977502016
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2022
- Handed overQ4 2024
Construction progress
33 inspection photos from the Dubai Land Department. Latest 13 Jan 2025 at 100% complete.
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Amenities
Physical features recorded on the Dubai Land Department buildings register.
4 Swimming Pools
Covered Parking
9 Elevators
37 Floors
Retail & Shops
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
632
Median price
AED 1.8M
Median price / sqft
AED 2K+31%
Off-plan share
78%
Priced 21% above than the Business Bay median of AED 2K/sqft.
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| Studio | 164 | 527 sqft | AED 1.1M | AED 2K |
| 1 Bed | 256 | 833 sqft | AED 1.8M | AED 2K |
| 2 Bed | 99 | 1,603 sqft | AED 3.4M | AED 2K |
| 3 Bed | 109 | 2,032 sqft | AED 4.7M | AED 2K |
| 4 Bed | 4 | 4,720 sqft | AED 8.8M | AED 2K |
Price per sqft by year
+31% since 2022AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 27 Aug 2026 | Resale | 876 sqft | AED 2.3M | AED 3K |
| 24 Jul 2026 | Resale | 877 sqft | AED 2.3M | AED 3K |
| 21 Jul 2026 | Resale | 1,805 sqft | AED 4.4M | AED 2K |
| 13 Jul 2026 | Resale | 817 sqft | AED 1.7M | AED 2K |
| 09 Jul 2026 | Resale | 543 sqft | AED 1.4M | AED 3K |
| 26 Jun 2026 | Resale | 698 sqft | AED 1.9M | AED 3K |
| 18 Jun 2026 | Resale | 677 sqft | AED 1.2M | AED 2K |
| 15 May 2026 | Resale | 1,158 sqft | AED 2.4M | AED 2K |
Unit mix
383 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| Commercial | 2 | - |
| Studio | 107 | 512 - 543 sqft |
| 1 B/R | 144 | 699 - 1,435 sqft |
| 2 B/R | 62 | 1,158 - 2,418 sqft |
| 3 B/R | 64 | 1,685 - 2,787 sqft |
| 4 B/R | 4 | 4,720 - 4,763 sqft |
Payment plan
Payment plans are set by Select Global and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.
Request the payment planLocation
Approximate location in Business Bay, Dubai.
Business Bay
Dubai, United Arab Emirates
Frequently asked questions
Peninsula Five has already been handed over (Q4 2024), according to Dubai Land Department records.
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