Apartment for Sale in Business Bay by Select Group

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Off Plan

Peninsula Two

developer logoSelect Group
Peninsula Two, Business Bay, Dubai
Apartment
38.62% Completed

About Property

Welcome to Peninsula Two, Your Luxury Waterfront Living in Business Bay, Dubai!

Peninsula Two is the epitome of modern waterfront living, nestled within the heart of Business Bay, Dubai. This meticulously designed and strategically located masterpiece offers a stunning array of amenities and unrivalled views that will take your breath away.

Boasting an impressive 36-storey residential tower with 439 units perfectly tailored for modern living, Peninsula Two offers carefully designed studio, one-bedroom, and two-bedroom apartments. Each unit delivers efficient living spaces, providing residents with a truly unique waterfront setting that redefines luxury living in Dubai.

From the comfort of your home, you can enjoy direct sightlines of the Burj Khalifa and the iconic Downtown Skyline, as well as breathtaking views of the meandering Dubai Canal and the magnificent perspectives of the Arabian Gulf.

At Peninsula Two, residents can indulge in a plethora of luxurious amenities, including a shared pool, concierge service, covered parking, round-the-clock security, a kids play area, and a welcoming lobby. The completion date for Peninsula Two is set for Q4, 2024, offering you the opportunity to secure your dream home in advance.

These exquisite waterfront residences are available within a price range of 0 - 0 AED, presenting an unparalleled opportunity to experience the ultimate in luxury living in the heart of Dubai's most sought-after neighborhood, Business Bay.

Don't miss out on the chance to elevate your lifestyle – secure your piece of waterfront paradise at Peninsula Two today!

Is This Home Your Lifestyle Match?

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Amenities

Kids Play Area
Kids Play Area
Shared Pool
Shared Pool
Covered Parking
Covered Parking
Lobby
Lobby
Concierge Service
Concierge Service
Security
Security

Nearby

Metro Station

R26 - Business Bay

Location

Peninsula Two, Business Bay, Dubai

Expected ROI

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Transaction History

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Photos

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Overview
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Finishing examples

Why Invest in Dubai?

High Rental Income

Dubai real estate offers lucrative rental yields for property investors.

Tax-Free Investing

Dubai has no income or property taxes, allowing your investments to grow tax-free.

World-Class Education

Dubai has prestigious international schools for top-notch education.

Safe and Secure

Dubai offers safety and stability for families and investors.

Lifestyle & Leisure

Dubai offers abundant amenities and entertainment for an enjoyable lifestyle.

Residency Benefits

Investing in Dubai real estate enables residency for your family.

Frequently Asked Questions

What is Kyna and how does it differ from other real estate platforms in Dubai?

Kyna is a unique real estate platform in Dubai that places a strong emphasis on transparent and genuine guidance for investors. Here’s how Kyna stands out:

  • Genuine Guidance: Kyna focuses on building real relationships, assisting investors at every turn.
  • Transparent Pricing: Prioritizing affordability, Kyna ensures no hidden costs and maximizes your savings.
  • Bespoke Tours: Tailored real estate tours and insightful investment advice for informed decisions.
  • AI-Powered Insights: Advanced AI tools speed up searches and offer insights into current and future property values.
  • Data Trustworthiness: Kyna's commitment ensures your personal information remains confidential and secure.
  • Visa Assistance: Simplifying the process, Kyna aids clients in obtaining their Dubai residential visas.

What are the regulations for owning property in Dubai as a foreigner?

Foreign nationals can own property in designated freehold zones in Dubai. They can secure absolute ownership rights for up to 99 years without leasehold or usufruct obligations. Title deeds are issued by the Dubai Land Department, and there are no age restrictions on property ownership. Notable freehold areas include Business Bay, Downtown Dubai, Discovery Gardens, Palm Jumeirah, and DIFC Dubai.

Are there any restrictions on the types of properties foreigners can buy in the UAE?

Foreign nationals can buy property with complete ownership rights in designated freehold zones. In other areas, they may only have tenancy rights over the physical structure. Freehold property owners may also be eligible for the UAE Golden Visa. It is advisable to seek independent legal and tax advice before making any decision.

How does the property buying process in Dubai differ from other emirates in the UAE?

In Dubai, property buyers must validate the property title deed with the Dubai Land Department (DLD) before registering the property. Costs involved include transfer fees, registration fees, and service charges. There are specific laws governing property ownership by foreign nationals. Understanding financing laws, mortgage requirements, and lease agreements is crucial. It is recommended to seek independent legal and tax advice.

What are the key benefits of investing in property in Dubai or the UAE?

Key benefits include:

  1. Stable and growing economy
  2. Tax advantages (no personal income tax, no capital gains tax)
  3. High rental yields
  4. High standard of living
  5. Continuous infrastructure development
  6. Freehold ownership for foreigners
  7. Diverse property types
  8. Status as a global business and tourist hub
  9. High-quality real estate
  10. Potential eligibility for residency or long-term visas
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