Gallery
Imagery courtesy of Select Group.
The project
About Peninsula Five — The Signature Collection
Peninsula Five is the Signature Collection phase of Select Group's Peninsula master community on the Business Bay canalfront, with studios through three-bedroom homes and penthouses oriented toward the water and Burj Khalifa.
Entry pricing is reported between roughly AED 886K at launch and AED 1.3M more recently, on a 40/60 payment structure with the balance due on handover. Some aggregators quote larger units from AED 3.9M.
Select Group has begun handing over Peninsula Five as part of a phased delivery of the wider Peninsula community through 2026; the developer has reported closing out sales across the AED 1.9bn masterplan.
Payment
Payment plan
40/60 — 40% during construction, 60% on handover
At a glance
Peninsula Five — The Signature Collection key facts
- Developer
- Select Group
- Community
- Business Bay
- Status
- Handover soon
- Handover
- 2026 (phased handover)
- Starting price
- AED 1.3M
- Unit types
- Studio, 1 Bedroom, 2 Bedroom, 3 Bedroom, Penthouse
- Payment plan
- 40/60
- Ownership
- Freehold — open to all nationalities
Cost breakdown
What you pay, and when
Worked example on the starting price of AED 1.3M. Amounts scale with the unit you choose.
Units priced at AED 2M or more qualify for the 10-year UAE Golden Visa (subject to current ICP rules).
Process
How to buy at Peninsula Five — The Signature Collection
- 01
Agree the price
Agree terms with the seller of a unit at Peninsula Five — The Signature Collection, supported by recent Dubai Land Department transactions.
- 02
Form F (MOU)
Buyer and seller sign the RERA Form F memorandum of understanding and a 10% security cheque is lodged.
- 03
Developer NOC
Select Group issues a No Objection Certificate once any outstanding service charges or instalments are settled.
- 04
Transfer
Transfer takes place at a Dubai Land Department trustee office; the 4% DLD fee is paid and the new title deed is issued.
Our read
The honest view
Every project has trade-offs. Here are both sides, so you can judge whether this one fits what you actually want.
What stands out
- Canalfront Business Bay address within a completed masterplan
- 60% of price payable on handover
- Developer-led handover already under way
What to weigh
- Published starting prices vary widely by source
- Original handover date of Q4 2024 slipped into phased 2026 delivery
- Buyers face a substantial 60% final payment at handover
FAQ
Peninsula Five — The Signature Collection — frequently asked questions
What is the starting price of Peninsula Five — The Signature Collection?
Published pricing at Peninsula Five — The Signature Collection starts from AED 1.3M. Developer pricing changes with each release, so contact MRK Real Estate to confirm current availability.
When is the handover of Peninsula Five — The Signature Collection?
Peninsula Five — The Signature Collection is scheduled for handover in 2026 (phased handover). Off-plan timelines can move, so confirm the current schedule before committing.
What is the payment plan for Peninsula Five — The Signature Collection?
40/60 — 40% during construction, 60% on handover
Who is the developer of Peninsula Five — The Signature Collection?
Peninsula Five — The Signature Collection is developed by Select Group in Business Bay, Dubai.
What unit types are available at Peninsula Five — The Signature Collection?
Peninsula Five — The Signature Collection offers Studio, 1 Bedroom, 2 Bedroom, 3 Bedroom, Penthouse.
Where is Peninsula Five — The Signature Collection located?
Peninsula Five — The Signature Collection is in Business Bay, Dubai.
Can foreigners buy at Peninsula Five — The Signature Collection?
Yes. Business Bay is a freehold area, so buyers of any nationality can own property at Peninsula Five — The Signature Collection outright.
Does buying at Peninsula Five — The Signature Collection qualify for the UAE Golden Visa?
The entry price of AED 1.3M is below the AED 2 million threshold for the property Golden Visa; larger units priced at AED 2 million or more can qualify, subject to current ICP rules.
What are the purchase costs at Peninsula Five — The Signature Collection?
Beyond the purchase price, the Dubai Land Department charges a 4% registration fee — about AED 52K on the starting price — plus a small admin and trustee fee.
How do I buy or sell at Peninsula Five — The Signature Collection?
MRK Real Estate advises on primary purchases and resales at Peninsula Five — The Signature Collection. Message us on WhatsApp for availability, floor plans and a valuation.
Figures shown are as published by the developer and were last checked on 2026-10-31. Developer pricing, availability and handover dates change between releases — we confirm current terms directly with Select Group before any transaction.
