Peninsula Two

1. Is it on schedule?Recorded complete in February 2026, 17 months after its registered date · DLD inspection, 9 Feb 2026100%Context
2. Is my money protected?The register named the escrow agent: بنك الإمارات دبي الوطني (ش.م.ع)EscrowContext
3. Is the price fair?AED 2,588/sqft, 3.6% below the Business Bay off-plan median across 47 projects-3.6%Context
4. Is it selling?40 off-plan sales registered in the last 12 months, of 439 units; the latest on 23 Jan 202640Context
5. Who is building it?Select Global, licence no. 972Context

Sizes run from the 10th to the 90th percentile of registered floor area, so one mislabelled unit cannot set the range. A title is issued at handover: a live project shows few or none however many units have sold, and an untitled unit is not necessarily for sale.

Escrow agent

بنك الإمارات دبي الوطني (ش.م.ع)

Developer, as licensed

SELECT GLOBAL DEVELOPMENT L.L.C (no. 972)

Master developer

Business Bay LLC

Registered start

November 2021

Configuration

3B+G+34F+1MECH+R,Residential+Retail.The project designed to have a concrete structure and block with internal and external finishes.

Construction progress is DLD’s inspection of 9 Feb 2026. DLD’s published project register still lags it, so the later inspection is used and dated on its own. The developer is the company licensed to build it, by the register’s own licence number; the master developer owns the land under it and is often another company entirely. Off-plan price is the median of registered off-plan sales across this project’s published buildings, 12 months to 12 Oct 2026.

When will Peninsula Two be completed?

DLD records Peninsula Two complete in February 2026, 17 months after the date the developer registered. Dubai Land Department inspection of 9 Feb 2026.

What does Peninsula Two cost per square foot?

AED 2,588 per sqft, the median of 40 registered off-plan sales in the 12 months to 12 Oct 2026; the median unit sold for AED 1.71M. That is 3.6% below the Business Bay off-plan median across 47 projects.

Is Peninsula Two in escrow?

Yes: the Land Department register names بنك الإمارات دبي الوطني (ش.م.ع) as the project’s escrow agent, the bank that holds buyers’ payments for the developer. Dubai Land Department project register as of July 2026.

Who is the developer of Peninsula Two?

SELECT GLOBAL DEVELOPMENT L.L.C, licence no. 972, by the register’s own licence number; the master developer that owns the land is Business Bay LLC. Dubai Land Department project register as of July 2026.

How many units does Peninsula Two have?

439 registered units, of which 439 have a title issued. A title is issued at handover, so a live project shows few or none however many units have sold. Dubai Land Department project register as of July 2026.