Peninsula Two

23 shops at the base of a studio tower on the Dubai Canal

The largest unit in Peninsula Two measures 965 square feet, roughly 90 sqm. That figure sums up the project. Select Group hasn't built a family tower here but a 36-storey building dominated by studios and one-bedroom units, sitting on top of a 66,000 square foot retail arcade. The tower is part of the Peninsula master plan, a Business Bay peninsula bordered on three sides by the Dubai Canal, facing the Downtown skyline. The brochure originally pointed to completion in the fourth quarter of 2024. The handover date now stands at 24 June 2025.

The Community Mall, the centrepiece of the podium

Peninsula Two stands apart from its neighbours through its retail base. The Community Mall covers around 6,100 sqm and includes 23 units, with dedicated parking. Select Group lists a supermarket brand, ready-to-wear fashion outlets, hair salons, barbershops, a pharmacy and several cafés and restaurants. For a resident, that means doing daily shopping without needing a car, which is still rare in Business Bay. For a landlord, it's a concrete selling point with tenants who don't drive. The mall also serves the whole peninsula, so expect footfall at ground level.

From 31 to 90 sqm, a mix built for renters

Studios range from 339 to 452 square feet (about 31 to 42 sqm). One-bedroom units run from 570 to 690 square feet, or 53 to 64 sqm. Two-bedroom units top out between 904 and 965 square feet. The typical TC layout, repeated from the 3rd to the 14th floor and again from the 17th to the 35th, offers 32 sqm of living space plus a 5.9 sqm balcony, for 37.9 sqm total. These sizes match rental demand in Business Bay, driven by single professionals or couples without children. A family with two kids would quickly find the tower too tight.

Gas hobs, quartz countertops and Empower cooling

The specification sheet is precise and fairly restrained. Floors are porcelain tile, thresholds are marble, countertops are quartz and cabinets are textured HPL laminate. Studios get a two-burner gas hob, larger units a four-burner version, along with a gas oven, fridge and washing machine connection. Air conditioning runs through the Empower district cooling network, worth checking since this system comes with separate connection and consumption charges. EV charging points and bike parking round out the amenities.

A 205 sqm pool and a 190 sqm gym

Inside the tower, the gym covers 2,066 square feet, around 190 sqm. The outdoor pool measures 205 sqm at a depth of 1.2 metres. It's built for a relaxed swim or a quick cool-down, not for serious lap swimming. There's also a coworking space and a lobby fitted with power outlets, both sensible choices for a crowd of young professionals. The bigger amenities sit at peninsula scale: tennis, squash and basketball courts, a skate park, cycling tracks and a canal-side promenade with an open-air cinema and fountains.

40,000 workers within a fifteen-minute radius

Select Group is selling a job market rather than a view. DIFC employs more than 26,000 people, Dubai Design District around 10,000 and Dubai Healthcare City over 4,000 healthcare professionals. All sit within a 15-minute drive. Business Bay metro station is about 800 metres away according to the project's own figures, while the brochure quotes a 7-minute drive. Sheikh Zayed Road, First Al Khail Street and Marasi Drive are all directly accessible, and a water taxi serves the canal. The international airport is 16 minutes away, Jumeirah Beach 15.

Select Group builds out its own peninsula

Peninsula Two is just one piece of a scheme the developer controls from start to finish. Select Group has already launched Peninsula One and Peninsula Three, the latter rising to 49 storeys, and is also building The Edge nearby. According to the brochure, this full control over the master plan allows views between towers to be coordinated. It also creates a risk: several hundred small units are hitting the peninsula's rental market at the same time. Freehold status opens the purchase to foreign buyers, as it does everywhere in Business Bay. The real difference with Peninsula Two ultimately comes down to the mall at its base.