Flat 52 м² in Dubai, UAE (United Arab Emirates)

ID D1014_PENINSULA_ONE

Peninsula One by Select Group developer is the first addition to the integrated waterfront community of Peninsula, located in the Business Bay area. The project consists of three buildings — Tower with studios and 1-2 bedroom apartments, Waterfront with 1-3 bedroom simplex units, and Podium with 1-3 bedroom apartments, spread across 6 residential floors. Peninsula One is situated in the northwest part of the community, with a total of 518 property units across the three towers, surrounded by premium amenities.

Location Highlights:

• Excellent location in relation to other areas of the emirate;
• City's business center;
• Close proximity to many iconic Dubai landmarks;
• Located across from the Dubai Water Canal;
• Dubai Mall is 5 minutes away;
• Stunning views of Downtown Dubai;
• Easy access to Sheikh Zayed Road;
• Well-developed infrastructure in both the Business Bay area and the Peninsula community;
• Abundance of cafes and restaurants near the residential complex;
• Dubai International Airport is a 20-minute drive away;
• Downtown Dubai can be reached in a 5-minute drive;
• Opportunity to enjoy a cosmopolitan lifestyle in the heart of the emirate.

Amenities:

• Adult pools
• Children's pool
• Tennis and squash courts
• Sauna
• Shopping center within the community
• Private park
• BBQ area
• Gym
• Jogging and cycling tracks
• Shops and cafes
• Promenade

Sizes and Prices:

• Studio in Tower — from 35 sqm to 41 sqm
• 1-bedroom apartment in Tower — from 52 sqm to 65 sqm
• 2-bedroom apartment in Tower — from 83 sqm to 90 sqm
• 1-bedroom Waterfront simplex with canal views — from 52 sqm to 138 sqm
• 2-bedroom Waterfront simplex with canal views — from 105 sqm to 179 sqm
• 3-bedroom Waterfront simplex with canal views — from 137 sqm to 278 sqm
• 1-bedroom Podium simplex with canal views — from 52 sqm to 138 sqm
• 2-bedroom Podium simplex with canal views — from 105 sqm to 179 sqm
• 3-bedroom Podium simplex with canal views — from 137 sqm to 278 sqm

Local Infrastructure:

• Supermarkets: within the complex, Choithrams — Bay Avenue, Carrefour Market, Better 1 Mart, and Allday Fresh — Al Habtoor City
• Public transport: Business Bay Metro Station and Burj Khalifa Metro Station
• Schools / nurseries: Maple Bear Pre School, Global Indian International School, and JSS Private School
• Petrol stations: ADNOC Service Station Business Bay (535)
• Clinics and medical centers: within the complex, Midline Bay Medical, Dr Deen Al Qedrah Medical Center, and Aster Clinic
• Shopping centers / F&B outlets: within the complex, The MAINE Land Brasserie, The Eloquent Elephant, Billionaire Dubai, and Lock, Stock & Barrel
• Key landmarks: Burj Khalifa skyscraper, Dubai Mall, Dubai International Financial Centre (DIFC) district

All residential units in Peninsula One feature open layouts. Floors will be covered in ceramic tiles, kitchens and bathrooms finished with marble, and kitchen countertops made of quartz. Bedrooms will have built-in wardrobes, with almost each one complemented by a bathroom.

Key Features:

• All residential units come with a balcony offering stunning views of Dubai Water Canal, Burj Khalifa, Dubai skyline, and Peninsula community;
• Open-plan residences and panoramic windows allow for a premium lifestyle experience;
• All bedrooms feature built-in wardrobes;
• 2-3 bedroom apartments and simplex units include a maid's room with a separate bathroom;
• All residences have a laundry room;
• Premium amenities will be located across the three buildings of Peninsula One and within the Peninsula community itself.

Buying Advantages:

• Peninsula One is part of the larger Peninsula community;
• Peninsula One is a project spanning over 34,500 sqm;
• Option to choose a residential unit with optimal layout in one of the three buildings;
• Unmatched amenities for complex residents;
• Residents of Peninsula One will have access to amenities across the entire Peninsula community;
• Upon completion, residents of all Peninsula clusters will have access to the on-site shopping center, promenade, numerous cafes and restaurants, and other entertainment options;
• High investment returns — 1-bedroom apartments can be rented out for AED 50,000 (USD 14,000) per year.

Payment Plan: 30/70 (5% upon booking)

Investment Return: Approximately 6.9% for 1-bedroom apartments in the Business Bay area

Developer Information:

Select Group was founded in Dubai in 2002. The developer's portfolio includes projects across seven different investment sectors totaling over AED 17 billion (USD 4.6 billion). The company has built over 7,000 residential complexes. Select Group is involved in real estate as well as direct investments in the UAE, Croatia, Germany, and the UK. Some of the most well-known projects by this developer include Six Senses The Palm, Peninsula One, and Two.

Things to Know:

• Service charge: AED 14-18 (USD 4-5) per sq. ft or AED 150-194 (USD 41-53) per sq. m
• Parking: Available
• Resale policy: Off-plan — after 40% payment