Located in Peninsula, completed in 2024. Developer — Select Group. Architect — Khatib & Alami.
What the building has
Swimming pool
Children's area
Specifications for Peninsula Five per Propsearch and the Dubai Land Department.
They describe the whole building, not the individual unit.
Where it is
Business Bay
The canal district next to Downtown: conceived as offices, built mostly as apartments, now one of the most tenanted parts of the city.
central location at a discount
short-let on the canal
deep tenant demand
What to check: Quality varies enormously between towers here. Walk the building on a normal weekday and get three years of service charge history before you offer — in Business Bay the building matters far more than the district average.
Peninsula Five is handed over and rentable from day one. What that changes about pricing, financing and yield versus an off-plan unit in the same masterplan — and where the catch is.