Off Plan Dubai are delighted to showcase Peninsula developed by Select Property Group in the heart of Dubai, Business Bay.
Peninsula is a masterplan on a grand scale, it comes from the developers who developed Marina Gate in Dubai Marina to international acclaim and have an excellent reputation both locally and on a global footing. Peninsula masterplan is flanked by the Dubai Canal from three sides, it will create a tranquil, water setting that will provide professionals and families a perfect, strategic location to take in the Downtown and Business Bay benefits whilst having the feel of a sea frontage. Each tower has been meticulously placed to have unblocked Canal views and with additions such as gyms, restaurants, bars, and a mall you won’t have to leave the locality to enjoy Peninsulas benefits.
As international advisors, we only advise projects based on a certain set of parameters. Real Estate fundamentally is location, location, location with additional factors such as price, payment terms and the level of finish provided by the developer. At the start of 2022, we have seen Dubai’s leading developers such as Emaar, completely take away post-handover payment terms and stop DLD waiver (purchasing tax of 4%). The market is flying and Emaar wants to generate cash flow from payment plans whilst the market is hot, active and buoyant. Select Group has kept the payment terms ultra-competitive, just 5% locks a unit in, 35% during construction with a chunky 60% paid on handover with FULL DLD waiver. The developer is reaping the rewards from previous success and can pass these benefits to trusted investors in the terms offered.
Peninsula, in short, is the epitome of the Dubai real estate market for us, Dubai has enough options and individual towers. Investors and end-users now invest in master plans as much as the project. What are the facilities, where are the upsides that will influence appreciation? Schools, medical, further education Peninsula has it all.
Peninsula 1, was launched during Cityscape, the region’s largest Real Estate show, to much fanfare. It was an instant hit. It sold out within the show and Peninsula 2 was brought forward to complement the investors who missed the initial units. The latest launch is Peninsula 5, which is dubbed the signature collection, with higher ceilings, better finishes, and a waterfront location, this is where we would advise. Prices are still ultra-competitive for the market and we welcome any interest to discuss further.
Off Plan Dubai provide VIP access to this development with no commission or fees to be paid.
Features of Peninsula, Business Bay
|Value||From 867,888 AED|
|Investment||Premium Investment Opportunity|
|Sizes||Studio – 4 Bed|
Peninsula offers a diverse range of units, investors can choose Studios all the way up to 3 Bed duplex apartments. Even some of the 1 bedroom units are duplex. Peninsula is as friendly and as available to a seasoned investor to someone/family looking to purchase in the UAE for the first time. We are on hand for round-the-clock assistance and are experts in international investments.
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Simply enter your details below to register your interest in Peninsula at Business Bay. Our Dubai investment expert will contact you to discuss the development and the various investment opportunities and unit availability and pricing.