Apartment for Sale in Business Bay by Select Group
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Off Plan

Peninsula One

developer logoSelect Group
Peninsula One, Business Bay, Dubai
Apartment
65.78% Completed

About Property

Welcome to Peninsula One Tower Apartments in Business Bay, Dubai

Discover the gateway to Dubai’s most spectacular waterfront residential community at Peninsula One. As the first development within a strategic master plan, Peninsula One offers a unique investment opportunity for first-time homeowners and savvy investors alike.

Masterfully planned to deliver 433 units over 36 floors, The Tower Apartments are perfectly tailored to cater for the everyday needs of the working professional. The design is focused on maximising Peninsula One’s glorious waterfront setting, offering unparalleled views and a premium living experience.

Located in the heart of Business Bay, The Tower Apartments primarily consist of studio and one-bedroom units, positioning the development as a fantastic investment proposition. With a scheduled completion in Q4 2024, now is the time to secure your piece of this exclusive waterfront community.

World-Class Amenities

Residents of Peninsula One Tower Apartments can enjoy a range of amenities including a shared pool, concierge service, covered parking, shared spa, 24/7 security, kids play area, and a stylish lobby.

Exclusive Waterfront Living

Embrace the ultimate waterfront lifestyle at Peninsula One Tower Apartments and experience the best of what Dubai has to offer.

Contact us today to learn more about pricing and availability.

Price Range: 0 - 0 AED

Is This Home Your Lifestyle Match?

Check your compatibility with this property and see if it fits your lifestyle requirements! Tap the button to find out now.

Amenities

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

Nearby

Metro Station

R26 - Business Bay

Location

Peninsula One, Business Bay, Dubai

Transaction History

See how this property's price has changed over time to get a better sense of its current worth.

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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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