Peninsula Two by Ellington | 1-Bedroom Apartment in Business Bay, Dubai
Business Bay·Developer: Ellington
Description
This 1-bedroom apartment in Peninsula Two, developed by Ellington Properties, occupies one of Business Bay's most closely followed residential addresses. The apartment spans 620 sq ft of built-up area, is listed at AED 1,990,000, and is offered direct from the owner — with handover approaching imminently.
The apartment carries a community view, framing the internal greenery and activity of the Peninsula master plan rather than a canal-facing or skyline-facing outlook. For buyers who p, inward-facing aspect — and who recognise that community-view configurations typically price below equivalent canal-view units in the same building — this represents a considered entry point into the Business Bay residential market. The listing source is direct from the owner, placing this outside the original developer's sales channel at the resale stage.
About the location: Business Bay is Dubai's central mixed-use district, bordered by the Dubai Canal and immediately adjacent to Downtown Dubai. The neighbourhood has matured from a primarily commercial address into one of the city's most active mid-to-luxury residential corridors, supported by an established network of retail, dining, and public transport infrastructure. To understand the full residential profile — including connectivity, canal-side amenities, and the character of different sub-clusters — visit the Business Bay area guide, which covers the neighbourhood in depth for both end-users and investors.
About the developer: Ellington Properties has built a consistent reputation in Dubai for design-led boutique residential buildings. Peninsula Two forms part of the larger Peninsula cluster within Business Bay — a phased master community that has drawn sustained buyer interest across its release phases. Investors evaluating Business Bay as an asset class can read the on-site Business Bay cap-rate case study for data-backed performance context. Buyers weighing this apartment against other near-handover and off-plan opportunities across Dubai may also find the 2026 buyer's shortlist of the best areas to buy off-plan property in Dubai a useful comparing districts, phasing, and pricing.
Key details at a glance:
- Development: Peninsula Two by Ellington
- Location: Business Bay, Dubai
- Configuration: 1 Bedroom
- Built-up Area: 620 sq ft
- View: Community View
- Asking Price: AED 1,990,000
- Status: Handover Soon
- Listing Source: Direct – Owner
- Bathrooms: [DATA NEEDED]
- Payment Plan: [DATA NEEDED]
Buyers comparing this apartment against other active listings can browse the full live property inventory or explore the off-plan projects section to review alternative developments across Dubai's key residential corridors.
Location on the Map
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Business Bay
Dubai's central business district with Dubai Canal and Downtown views.
Investment Insight
Listing Source: Direct – Owner.
Frequently Asked Questions
›What is the asking price for this 1-bedroom apartment in Peninsula Two, Business Bay?
The apartment is listed at AED 1,990,000. This is the owner's asking price as indicated at the time of listing intake.
›What is the built-up area of this Peninsula Two apartment?
The apartment has a built-up area of 620 sq ft.
›What view does this apartment have?
The apartment faces a community view, looking inward toward the Peninsula master-plan surroundings rather than directly toward the Dubai Canal or the city skyline.
›What is the current handover status of Peninsula Two?
The development is listed as 'Handover Soon', indicating that completion and key handover are imminent. Buyers should confirm the precise handover date directly via the on-page enquiry form.
›Who developed Peninsula Two in Business Bay?
Peninsula Two was developed by Ellington Properties, a Dubai-based developer known for design-focused boutique residential buildings.
›Is this a resale or a developer direct sale?
This is a direct-from-owner listing, meaning it is a resale unit offered by the current owner rather than through Ellington's original developer sales channel.
›How many bathrooms does this apartment have?
[DATA NEEDED] — the bathroom count was not confirmed in the listing data. Please use the on-page enquiry form to request this detail directly.
›Is there a payment plan available for this apartment?
[DATA NEEDED] — no payment plan details were provided in the listing. Use the on-page enquiry form to ask the owner directly about any structured payment arrangement.
›Where can I learn more about living or investing in Business Bay?
The Business Bay area guide on this platform covers the neighbourhood's lifestyle, transport links, canal-side amenities, and residential character in detail.
