REEMAH ELITE
P
Under ConstructionApartments

Peninsula

Business Bay · Dubai — by Select Group
Price from
AED 1.2M – AED 9M
Bedrooms
Studio–4BR
Handover
2026
Price / sqft
~6.4% yield

Peninsula is Select Group's phased waterfront district at the tip of Business Bay, launched from late 2020 with towers delivering progressively through 2026. The masterplan approach and canal frontage differentiate it from single-plot towers in the district.

Why it makes lists
  • Multi-tower waterfront district on the Business Bay canal loop
  • Phased delivery with early towers completed and occupied
  • Canal boardwalk, retail and sports amenities on the plot
Payment structure
40/60
Booking / down payment20% · AED 240,000
During construction20% · AED 240,000
On handover60% · AED 720,000

Handover-weighted; phased towers with earlier phases already delivered. Figures shown against the entry price; confirm the current schedule with our desk.

DLD fee (4%)
AED 48,000
Trustee + admin
≈ AED 4,500
All-in entry estimate
AED 292,500
SG
Select Group
Tier 2 developer · Thousands of homes delivered, concentrated in Dubai Marina and Business Bay · since 2002
Track record →
Runs in the same set