The launch of Peninsula Two in Dubai’s Business Bay has been driven by the successful release of Peninsula One last month, which demonstrated market appetite for the mixed-use project.
Peninsula One and Peninsula Two are both pat of the larger Peninsula development which is on track to delivered in a number of phases over the next five to seven years. The Peninsula Two plans show that this project will be home to a mixed-use development that will comprise residential and commercial units boasting views of the Burj Khalia, the Downtown skyline and the Dubai Canal.
The development will be adjoined to a 66,000sq ft community mall and will also bring together a large-scale upmarket supermarket and a host of F&B and retail offerings.
Rahail Aslam, CEO, Select Group, said: “We are delighted to reveal our plans for Peninsula Two, following on from the success of Peninsula One which clearly illustrated the appetite in the market for a community-centric, lifestyle orientated development in Business Bay.”
Peninsula Two is scheduled to be complete in the Q4 2024 and will form part of the first suburban-style ecosystem in Business Bay.
