Photos and renders of the building and grounds — not of this particular unit.
Peninsula Five
Studio
About the building
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.
Full district guide →Video: Peninsula Five
Reviews from the English YouTube channel — each one with a written breakdown on this site.
22:22 Peninsula Five review: buying a ready unit instead of waiting three years
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.
WatchA mortgage covers the final instalment
The final payment on this building falls in 2026 — under off-plan plans that is 40–60% of the price in one go. A UAE bank closes it: the flat becomes the security, and nothing is added on top of what the developer has already been paid.
- Up to 80% of the appraised value, no extra down payment
- 3.99% fixed for three years, up to 25 years in term
- 6–12 months before the keys — the bank wants six months of income history
Already been invoiced, or missed the date? That is not a dead end either — write and we will look at what the developer will accept.
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