Peninsula 2 in Business Bay, Dubai
Peninsula 2 is in the second stage by well-known developer, Select Group, in the center of Dubai. The complex is in the Business Bay area. Apartments in the first phase, a project of 9 towers, were sold out within a month since sales started. This prompted the developer to start building the second stage.
About Peninsula 2
The 36-floor tower with cutting-edge design and panoramic windows was launched in the 3rd quarter of 2021.
This luxury real estate in Dubai will be put into operation in the IV quarter of 2024. The developer plans to deliver 439 residential units of compact studios and spacious apartments with 1, 2 or 3 bedrooms. Buying a property in Peninsula 2 allows you to become the owner of premium class apartments in the very heart of the emirate.
Residents of the complex can enjoy a wide range of services, including:
- modern fitness center;
- skating park;
- recreational area with landscapes;
- spacious pool;
- sports areas and playgrounds;
- walking lanes;
- conference hall for corporate use and private events.
The complex has 24/7 video surveillance.
Apartments in Peninsula 2
The area of the residences is from 38 m² to 157 m². The interior decoration has modern high quality materials. In particular, porcelain stoneware will be used in bathroom design. The apartments will have built-in wardrobes and modern plumbing installed. The kitchens will be completely ready for use and equipped not only with a stove and gas oven, but also a refrigerator and an extractor hood. Each suite is accompanied by a spacious balcony with views of the Dubai Water Canal and the city centre, including Burj Khalifa tower. A parking space is provided for each resident. If the owner has no car, car rental in Peninsula 2 is an option.
Malls and Supermarkets in Peninsula 2
The project has a combination of a residential building with a Community Mall shopping complex. Shops as well as beauty salons and entertainment will be within walking distance. Cafes and restaurants in Peninsula 2 will be waiting for visitors. An outdoor cinema and boutique cafe will be on the promenade. Dubai Mall, the main mall of the emirate, can be reached in just 15 minutes.
Attractions Around Peninsula 2
The Peninsula community is surrounded on 3 sides by the canal. The historic city center can be reached by car within 20 minutes. Public transport in this area has bus routes and water taxis, and the nearest metro station is within 15-minutes’ walk. You can get to the international airport and Jumeirah Beach beach line also within 15 minutes. The premium location allows you to quickly reach the central areas of the emirate like the famous tourist area, Downtown Dubai.
Hotels in Peninsula 2 are not directly in the complex but there are hotels in other parts of the Business Bay area.
Investments in Peninsula 2
Homes for investments in Peninsula 2 in Dubai are attractive to foreigners. Some of the advantages are:
- affordable prices;
- guaranteed capitalization of housing stock prices by the time the residential complex is commissioned;
- high rate of return on apartments for rent.
The past year has shown an increasing interest of foreign buyers in real estate in the UAE. This is one of the causes of higher purchase prices as well as rent. Investing in Dubai real estate is an easy and smart way to save money from inflation and multiply it.
Buying Real Estate in Peninsula 2
Apartments in Peninsula 2 cost from AED 639 000 ($174 000, ¥1.120.000) up to AED 1.450.000 ($396 000, ¥2.550.000). Our experts will help you to choose a home for investment in real estate in Peninsula 2 or for permanent residence. As the deadline for the complex commission approaches, real estate prices will increase and you'll have less choice so it's wise not to delay your decision.