Studio, Peninsula One tower
Dubai, Business Bay, Peninsula One
Metro station
12-min walk
39 m²
Property area
2024
Construction year
8 out of 36
Floor
1
Bathroom(s)
Built-in wardrobes
Underground parking
Security
Swimming pool
Spa area
Balcony
AC
Stunning views
Kitchen appliances
Gym
$260 274 ($6 674/m²)
950 000 AED
Bus stop
Rental yield: 5,00%
5-min walk
Price growth rate per year: 24%
TOTAL INVESTMENT AMOUNT: $289 173
  • Unit price: $260 274
  • Renovation price: $685
  • Furnishings: $4 110
  • Commission: $5 466
  • DLD fee payment: $10 570
  • Transaction registration: $1 151
  • Transaction legal support: $2 192
  • Power of attorney: $822
  • Manager cheque: $3 904

TOTAL RENTAL YIELD PER YEAR: $23 014
  • Rent payments: $1 918 (per month) / $23 014 (per year)

EXPENSES PER YEAR: $8 567
  • Service charge: $2 096
  • Utilities: $658
  • Internet: $1 266
  • AC: $986
  • AC maintenance: $110
  • Management commission: $3 452

NET RENTAL YIELD PER YEAR: $14 447
or 5,00%
ПЕРЕУСТУПКА
RESALE
Apartment in a new building, delivery in Q4 2024.

Peninsula One is a new residential development in Dubai by premium developer Select Group in the Business Bay area. The development consists of 36 floors and includes studios, 1 and 2 bedroom apartments with modern design.

12-minute walk to Business Bay metro, 5-minute walk to bus stop

  • Studio
  • 1 bathroom
  • 1 balcony
  • Area: 39 sq m
  • Floor 8 (out of 36)
  • View on Burj Khalifa
  • Unfurnished, with appliances
  • 1 parking place

Key tower features:
  • Adult and children's pool
  • Jacuzzi
  • Gym
  • Children's playground
  • Equipped terrace
  • Picnic area
  • Quality materials in construction and finishing
  • Close proximity to Bay Avenue, supermarket, cafes, restaurants, canal promenade, etc.

Payment plan:
  • AED 507,010 payment to the developer on handing over the keys
  • Balance + transaction costs and agent's commission 3% immediately upon change of ownership
Business Bay is located between the Dubai Water Canal and the Downtown area, close to the metro stations and major traffic arteries as well as a few minutes away by car from the DXB Airport, Dubai Design District, DIFC and DWTC World Center.

The infrastructure of each neighborhood includes everything necessary for work and comfortable living, for example, modern offices, gyms, restaurants, pools and shopping malls.

There are a lot of kindergartens in the community, for example, Kolibri (Hummingbird), Maple Bear, Blossoms, Churchill Towers as well as schools, such as Jumeirah и Safa, Al Quoz, GEMS и Gems Wellington.

Emirates Hospital Clinic is considered one of the best hospitals in the area and is renowned for its excellent diagnostics and experts.

The main attractions of Business Bay are the Al Habtoor City mixed-use complex, the unique La Perle aqua-theatre as well as a variety of panoramic lounges with the great Burj Khalifa views.

Business Bay has previously been announced the best real estate investment area in Dubai. Housing prices have grown by 17% in 2 years in this neighborhood and can be regarded as one of the fastest growth rates on the Dubai real estate market.