Sale studio in Peninsula One in Business Bay
You can buy an inexpensive studio apartment in the Business Bay area in the new residential complex Peninsula One in Dubai from the developer Select Group. The new building is being built on the embankment of the Dubai Canal, the apartments of which will offer luxurious views of the water bodies and the cityscape of the popular Business Bay area. The Downtown area is within walking distance, which makes the location of the complex in demand for both housing and work. The location of the new Peninsula 1 building and the entire Peninsula community from Select Group is shown in the video below:
The apartment for sale at the construction stage of the property and is located on the upper floors of the Peninsula 1 residential complex. Purchasing a studio in the developed area of Business Bay will provide the opportunity to quickly get to significant places and attractions in Dubai, due to the developed road connections around the high-rise building.
The price of an apartment in the Peninsula 1 residential complex will depend on the area of the apartment and the floor available, detailed information about which can be obtained from the button above. The cost of a studio at the start of sales in Peninsula One was about $7900 per square meter.
Buy an apartment in Dubai - studio for sale in Peninsula 1
The apartment for sale in the Peninsula One residential complex with an area 36 square meters will be equipped with floor-to-ceiling panoramic windows, allowing you to enjoy the view of the sunrise and sunset.
- Location - Business Bay
- Residential complex - Peninsula 1
- Developer - Select Group
- Area - 36 m2 / 388 ft2
- Floor - 30
- Number of floors of the house - 36
- Bathroom - 1
- Laundry
- Furnished - no
- Building type - new building
The studio layout in Peninsula One includes a spacious living room combined with a bedroom and an open kitchen. The bathroom is equipped with a toilet, sink and shower. Directly in the kitchen there is a spacious pantry. The apartment for sale is located on the upper floors, which provides beautiful views of the Dubai water canal from panoramic windows.
Buying an apartment in Business Bay in the Peninsula 1 residential complex with such a layout, with a total area of 36 square meters, is a profitable option for investing in Dubai real estate from 300 000 dollars USA.
Real estate in Dubai - apartment in Peninsula One
Peninsula 1 - is a new multi-storey residential building being built in the Business Bay area, which is one of the towers of the Peninsula community. The developer of the new building, Select Group, is one of the famous developers in Dubai, many of whose projects are located in the Business Bay area. The building consists of 36 floors and occupies an area of 34.5 thousand m2, including studios, apartments with one, two and three bedrooms. The size of the apartments in the Peninsula 1 residential complex ranges from 35 to 181 square meters (385-1950 sq. ft.). Completion of the project is scheduled for the 4th quarter of 2024.
The high-rise building provides all the amenities for relaxation, interesting pastime, keeping fit and healthy:
- tennis court;
- communal swimming pool;
- covered and underground parking;
- fitness room with treadmills;
- children playground;
- skate park;
- barbecue area;
- cafes and restaurants;
- outlets.
The waterfront tower at Business Bay will have central air conditioning and 24-hour security, and plans to include pet-friendly facilities.
Location Peninsula 1 in Business Bay
The Peninsula 1 residential complex is located on a peninsula in the Business Bay area, surrounded on three sides by the Dubai Water Canal. The location of the new building provides walking distance to the nearest stops (4 minutes) and the metro (12 minutes), which makes this building attractive for purchasing housing in Dubai. The neighboring Downtown area can be reached in 10 minutes by taxi and 22 minutes by public transport. The location at the intersection of the main roads of the Peninsula 1 residential complex allows the property owner to quickly move around and visit attractions without wasting time on the road.
Places | Distance (km) | Travel time (min) |
Bay Avenue Park | 1,3 | 5 |
Desert Safari Dubai | 2 | 9 |
Business Bay Metro Station | 3 | 9 |
Observation deck | 3,1 | 10 |
Burj Khalifa | 3,5 | 13 |
Dubai Mall | 6 | 14 |
Safa Park | 6,6 | 14 |
Jumeirah Beach | 8,2 | 19 |
Intl. Dubai Airport | 15,9 | 22 |
Creek Harbour Public Viewing Deck | 15,8 | 24 |
The community has many cafes and restaurants, educational institutions, parks and green spaces for walking, shops and boutiques, and public parking. Buying an apartment in Peninsula 1 attracts investors primarily due to the location of the residential complex and well-developed road connections.
Apartment prices and payment plan in Peninsula 1
Real estate for sale in the prestigious Business Bay area attracts investors and buyers with its affordable prices for apartments in Dubai. The cost of apartments in the Peninsula One residential tower at the start of sales ranged from 171 000 to 1 100 000 US dollars. You can buy real estate in Peninsula One at a favorable price and payment plan from the developer by contacting our sales agents and leaving a request for a call back 👇
The price of a studio apartment starts from $300 000 / AED 1 102 000. A studio for sale in Peninsula 1 with an area of 36 square meters (388 sq. ft.) is priced at $305 500 as of March 2024. Foreign buyers and investors can buy this property in Dubai on a 30/70 payment plan. A studio apartment for sale in the Peninsula 1 residential complex attracts investors with its location in the Business Bay business district, where strategically important places and attractions of Dubai are within walking distance.