1-Bedroom with Burj Khalifa View at Peninsula Two, Business Bay – Motivated Seller

Property Overview

This 630 sq ft one-bedroom apartment at Peninsula Two by Select Group in Business Bay is offered at AED 1,600,000. The agent describes the seller as motivated and the unit as a low-floor apartment with views of Burj Khalifa and the Dubai skyline. The tower was completed in 2026, and the asking price works out to about AED 2,540 per sq ft.

Property Highlights

• Property type: 1-bedroom apartment
• Building: Peninsula Two, Business Bay
• Developer: Select Group
• Size: 630 sq ft
• Asking price: AED 1,600,000
• Price per sq ft: approx. AED 2,540
• Floor: low floor (agent-stated)
• View: Burj Khalifa and skyline (agent-stated)
• Seller: motivated (agent-stated)
• Status: ready (completed 2026)

Why the Price Is Listed as a Distress Deal

The agent's brief of 9 October 2026 describes a motivated seller. No original purchase price, registered transaction or dated market comparison was supplied, so DPF has not calculated a discount and does not claim the price is below a specific benchmark.

To judge the price, compare the rate of about AED 2,540 per sq ft against recent registered one-bedroom sales in Peninsula Two and nearby Business Bay towers, and ask the seller for the original SPA. A motivated seller may also be open to negotiation.

About the Building, Developer and Community

Peninsula Two is a 36-storey residential tower by Select Group and the second tower in the Peninsula waterfront community on the Dubai Canal in Business Bay. It contains 439 studios and one- and two-bedroom apartments, and Select Group reports it was completed on schedule in Q2 2026. Facilities include a gym, a swimming pool, landscaped parks and sports facilities, a waterfront marketplace with restaurants and cafés, and an adjoining community mall with supermarkets, pharmacies and healthcare services.

Business Bay is a central mixed-use district along the Dubai Water Canal, next to Downtown Dubai and close to DIFC and Sheikh Zayed Road.

Layout, Floor and View

The agent describes a 630 sq ft one-bedroom on a low floor with Burj Khalifa and skyline views. The exact floor, bathroom count, parking, furnishing and occupancy were not supplied. Confirm the view in person, since lower floors can be affected by neighbouring buildings.

Ownership and Transfer

The tower is completed and handovers are under way. Confirm whether the unit has been handed over and the title deed issued, whether any balance remains payable to Select Group, any mortgage, service charges and Dubai Land Department transfer costs.

Location and Connectivity

Business Bay has road access via Sheikh Zayed Road, Al Khail Road and Al Asayel Street, and is served by Business Bay Metro station. Check actual travel times for your own routes.

Verification Notes

• Agent-supplied: building, bedrooms, size, asking price, motivated seller, low floor and Burj and skyline view.
• DPF-calculated: approx. AED 2,540 per sq ft.
• External research: developer, height, unit count, completion and facilities from Select Group's project page; DLD completion status from a handover tracker.
• Not verified: any price benchmark, handover and title status, and service charges.