About Peninsula Two
Peninsula Two is a residential and retail tower by Select Global Development, in Business Bay, Dubai. It rises 35 storeys (3 basement levels, a ground floor and 34 floors), built as a concrete structure with internal and external finishes. The project comprises 462 homes.
Key information
Developer
Select Global Development
- Handover
- Q3 2024
- Status
- Handed over
- Location
- Business Bay, Dubai
- Master project
- Business Bay
- Construction started
- 2021
- Number of buildings
- 1
- Number of units
- 462
- Registered with DLD
- 03 Nov 2021
- Escrow bank
- Emirates NBD
- Escrow account no.
- 0204977502014
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2021
- Handed overQ3 2024
Construction progress
91 inspection photos from the Dubai Land Department. Latest 12 Feb 2026 at 100% complete.
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Amenities
Physical features recorded on the Dubai Land Department buildings register.
Swimming Pool
Covered Parking
7 Elevators
38 Floors
Retail & Shops
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
779
Median price
AED 1.1M
Median price / sqft
AED 2K+44%
Off-plan share
97%
Priced 14% above than the Business Bay median of AED 2K/sqft.
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| Studio | 350 | 408 sqft | AED 886K | AED 2K |
| 1 Bed | 261 | 633 sqft | AED 1.3M | AED 2K |
| 2 Bed | 168 | 924 sqft | AED 1.8M | AED 2K |
Price per sqft by year
+44% since 2022AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 01 Sept 2026 | Resale | 212 sqft | AED 475K | AED 2K |
| 27 Aug 2026 | Resale | 911 sqft | AED 2.5M | AED 3K |
| 25 Aug 2026 | Resale | 637 sqft | AED 1.7M | AED 3K |
| 24 Aug 2026 | Resale | 943 sqft | AED 2.2M | AED 2K |
| 20 Aug 2026 | Resale | 630 sqft | AED 1.6M | AED 3K |
| 19 Aug 2026 | Resale | 618 sqft | AED 1.4M | AED 2K |
| 17 Aug 2026 | Resale | 442 sqft | AED 1.3M | AED 3K |
| 11 Aug 2026 | Resale | 408 sqft | AED 1.1M | AED 3K |
Unit mix
462 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| Commercial | 23 | - |
| Studio | 189 | - |
| 1 B/R | 157 | - |
| 2 B/R | 93 | - |
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 Two has already been handed over (Q3 2024), according to Dubai Land Department records.
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