Select Group, a large privately-owned real estate developer, has announced the launch of the 36-storey ‘Peninsula Two’ tower located in Dubai’s Business Bay. This accelerated launch is a result of highly successful sales on Peninsula One, part of the Peninsula masterdevelopment which includes residences, and retail, community and recreational facilities.
According to the developer, Peninsula Two offers the finest in waterfront living with a unique mix of residential and commercial units with prime views of Burj Khalifa, the famous Downtown skyline and the serene Dubai Canal.
Targeted towards the modern professionals, it offers residents an array of amenities at their doorstep thanks to an adjoining 66,000-sq-ft community mall.
A large-scale upmarket supermarket sits alongside stylish waterfront cafes and restaurants, whilst salons, barbers, a pharmacy and convenience retail keep the necessities close to home, it adds.
Scheduled for completion in Q4, 2024, Peninsula Two will form part of the first suburban-style ecosystem in the heart of Dubai’s bustling Business Bay. Units in this development range from sleek studios, to one- and two-bedroom apartments that will sit adjacent to a 66,000-sq-ft community mall.
Peninsula will be delivered in phases over the next five to seven years and will feature nine developments, ranging from high-rise towers to low-rise waterfront villas.