Developer Select Group has announced the launch of its most luxurious waterfront property, Peninsula Five, in Dubai’s Business Bay.
Scheduled to be completed in the fourth quarter of 2024, Peninsula Five represents the first phase of the development of The Signature Collection, a series of products that aim to improve the quality of living for residents.
Peninsula Five is the third set of homes in the Select Group’s initial large-scale masterplan for waterfront development.
After the success of Peninsula in October 2021, Peninsula Five will be the 4th development to be presented from Select Group within the past twelve months, which demonstrates the growing demand for luxury waterfront properties within Dubai, according to an announcement.
“We are thrilled to announce the plans we have regarding Peninsula Five, the first project within The Signature Collection by Select Group. We have witnessed the tremendous demand for luxurious waterfront homes. We believe that the time is perfect to launch our latest collection of high-end properties to the market.” declared Rahail Aslam, CEO of Select Group.
Peninsula Five will comprise 381 large and luxurious units sitting between a 36-story residential tower and two separate blocks of luxurious waterfront duplexes.
The venue has almost sold out Peninsula One and Two within a few weeks of their launch. He said Peninsula Five’s launch Peninsula Five had been accelerated.
The tower will comprise 321 units that range from luxurious and spacious studios. In contrast, the luxurious duplexes, located at the Dubai Canal waterfront, will offer 60 homes with a range of one to four-bedroom apartments.
Assembled with Peninsula One and Two’s completion date, Select Group will hand more than 1,300 units by the end of 2024 to complete the first stage of this master plan.
Peninsula offers amenities available to residents of the community with a variety of manicured parks, sports facilities for the community, a waterfront market with numerous eateries and cafes, and an area of 66,000 square feet for a community mall.
Since the beginning of its existence back in 2002, Select Group has delivered more than 7,000 homes, with an additional 3,750 homes being built at different stages of development. Select announces a new luxurious Dubai waterfront residential development.
The developer has announced that Peninsula Five in Business Bay will build 381 homes. Due to be completed in the second quarter of 2024.
Developer Select Group has announced the launch of its newest luxurious waterfront property, Peninsula Five, in Dubai’s Business Bay.
Scheduled to be completed by the fourth quarter of 2024, Peninsula Five represents the first phase of the development of The Signature Collection, a series of products that aim to improve the quality of living in a residential area.
Peninsula Five is the third set of homes in the Select Group’s first waterfront masterplan.
After the success of Peninsula in October 2021, Peninsula Five is the fourth new project to be presented in the past 12 months by Select Group within the past 12 months and highlighting the growing demand for luxury waterfront properties within Dubai, according to an announcement.
“We are excited to present the plans we have regarding Peninsula Five, the first project within The Signature Collection by Select Group. We have witnessed the tremendous demand for luxury waterfront homes and waterfront homes; we believe the time is perfect to unveil our latest line of elevated properties to the market,” stated Rahail Aslam, CEO of Select Group.
Nearly sold-out Peninsula One and Two within only a few weeks after launch, he also said that Peninsula Five’s launch Peninsula Five had been accelerated.
Peninsula Five will comprise 381 large and luxurious units between a 36-story residential tower and two separate blocks of luxurious waterfront duplexes.
The tower will comprise 321 units ranging from spacious and elegant studios to the most luxurious duplexes situated directly along the Dubai Canal waterfront. It will provide 60 apartments with a range of one-bedroom to four-bedroom apartments.
Assembled with Peninsula One and Two’s completion date, Select Group will hand more than 1,300 units before December 2024 to finish the first stage of this master plan.
Peninsula offers community facilities for residents, including numerous manicured parks, community sports areas, a riverside market featuring a variety of restaurants and cafes, and a 66,000-square-foot community mall.
Since it was founded at the beginning of 2002, Select Group has delivered more than 7,000 homes, with an additional 3,750 homes in different stages of development.