Peninsula Phase 2 By Select Group in Business Bay
Peninsula Phase 2 By Select Group · Business Bay, Dubai
Get Directions
Launch Price
AED 1.15M
Property Type
Apartment
Bedrooms
Studio, 1 - 2 Beds
Payment Plan
5/25/70
Handover
TBC
Projected Yield
4.8 to 6.6%
Peninsula Phase 2 By Select Group is bringing studio, 1 - 2 beds off-plan apartments to Business Bay in Dubai, priced from AED 1.15M. A 5% booking payment secures the unit. Construction-phase instalments total 25%, with the remaining 70% due at handover. Tenant demand from business professionals and long-stay residents in prime Dubai supports projected gross yields in the 4.8 to 6.6% range. MonthlyDubai sends personalised shortlists to WhatsApp within 48 hours. Free to use, no agency commission involved.
Payment Plan Breakdown
From AED 9,905/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 5% | AED 57,450 Due on signing SPA |
|
| During Construction | 25% | AED 9,905/mo 29 monthly instalments |
|
| On Handover | 70% | AED 804,300 Due at TBC |
|
| Total | AED 1,149,000 | ||
On Booking
5%
AED 57,450
Due on signing SPA
During Construction
25%
AED 9,905/mo
29 monthly instalments
On Handover
70%
AED 804,300
Due at TBC
Total
100%
AED 1,149,000
Questions about Peninsula Phase 2 By Select Group
What payment plan does Peninsula Phase 2 By Select Group offer?
Peninsula Phase 2 By Select Group uses a 5/25/70 payment plan. Buyers pay 5% at booking, with the remaining spread across construction and handover in TBC.
Can I buy this project without a mortgage?
Yes. Dubai off-plan developer payment plans do not require bank approval or a mortgage. You pay instalments directly to the developer on a fixed schedule through to handover.
Is this project registered with RERA?
MonthlyDubai only matches buyers with RERA-registered off-plan projects. All funds are held in government-supervised escrow accounts and released only as construction milestones are verified.
How do I find out if this fits my monthly budget?
Use the form on this page. Enter your monthly instalment capacity and WhatsApp number, and the MonthlyDubai team will confirm whether Peninsula Phase 2 By Select Group fits your budget and send you comparable alternatives.
Get Free Property Matches
Enter your monthly budget and we send qualifying projects straight to your WhatsApp. Free, no agency fees.