REEMAH ELITE
P
Under ConstructionApartments

Peninsula — Later Phases

Business Bay · Dubai — by Select Group
Price from
AED 1.1M – AED 6M
Bedrooms
Studio–4BR
Handover
2026
Price / sqft
~6% yield

Peninsula is Select Group's multi-tower waterfront district at the tip of Business Bay, released in numbered phases from 2021 onward. Later towers launched into 2023 with studios through 4-bedroom units. The master plan's canal frontage and Downtown proximity underpin steady rental demand.

Why it makes lists
  • Canal-front master plan on the Business Bay peninsula tip
  • Walkable waterfront promenade and retail base
  • Phased towers delivering through the mid-2020s
Payment structure
40/60
Booking / down payment20% · AED 220,000
During construction20% · AED 220,000
On handover60% · AED 660,000

Construction-linked with majority on completion. Figures shown against the entry price; confirm the current schedule with our desk.

DLD fee (4%)
AED 44,000
Trustee + admin
≈ AED 4,500
All-in entry estimate
AED 268,500
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