Phone number
+971 4873 2081
Choose language
EN
Currency
AED
  • AED
  • EUR
  • USD
  • GBP
  • RUB
EN
Choose language
AED
Currency
  • AED
  • EUR
  • USD
  • GBP
  • RUB
PENINSULA THREE
878 000 AED - 2 320 000 AED
Location Business Bay, Dubai
Type Development
Completion date I quarter, 2025 (Off-plan)
Living space 38 - 99 m²
Advantages
Downpayment from
5%
Completion date
Q1-2025
49-storey residential project
Prestigious neighborhood
Beautiful view

Peninsula Three in Dubai

Peninsula Three in Dubai, UAE, is a new off-plan project by the Select Group located in the renowned Business Bay. The 49-storey skyscraper will comprise residents-only cafés, restaurants, co-working spaces and a spa, as well as premium studios and one- to two-bedroom apartments with a floor area of 38 to 99 square metres. The prices start at AED 878,000 (USD 238,000).

The construction completion is scheduled for early 2025.

Peninsula Three in Business Bay

The residential complex will be built on the bank of the Dubai Canal in the prestigious community of Business Bay near Downtown Dubai and some of the most popular tourist landmarks. The following sights are within a 5–15 minute drive:

  • Burj Khalifa, the tallest building on the planet
  • Dubai Opera
  • The immense Dubai Mall
  • Dubai Fountain with musical shows
  • The fashionable Dubai Design District
  • Jumeirah Beach
  • Ras Al Khor Wildlife Sanctuary
  • Dubai Healthcare City with numerous healthcare institutions
  • DIFC, a financial hub
  • International DXB airport

Marasi Drive, Sheikh Zayed Road and Al Khail Road run near the complex and can quickly take residents to any part of the emirate.

Send enquiry

Location

  • Close to the bus stop
  • Close to shopping malls
  • Close to the city centre
  • Close to schools
  • Prestigious district
  • Great location
  • Close to a river or promenade
  • Pond nearby
  • City center
  • Panoramic view
  • River view
  • Beautiful view

Features

  • Smart Home system
  • Balcony
  • Terrace
  • Air Conditioners
  • Hot tub

Indoor facilities

  • Children's playroom
  • Restaurant
  • Cafe
  • Billiard table
  • Recreation area
  • SPA centre
  • Fitness room
  • Pilates and yoga room
  • Garage
  • Outdoor parking lot
  • Marina

Outdoor features

  • Children's playground
  • Children's pool
  • Landscaped garden
  • Landscaped green area
  • Car park
  • Promenade with amenities
  • Park
  • Swimming pool
  • Common area with pool
  • Basketball court
  • Running track
  • Tennis court
  • Shop
  • Supermarket
more

Real estate in Peninsula Three

Privileges

As in some other off-plan projects, in Peninsula Three, the prime location in a prestigious business community of Dubai is one of its essential advantages. In addition, residents of this high-rise will have access to numerous premium amenities:

  • Observation deck;
  • Adults’ and children’s swimming pools;
  • State-of-the-art 565 m2 gym;
  • Yoga studio;
  • Tennis, padel and basketball courts;
  • Jogging track;
  • Skate park;
  • Lounge areas;
  • Billiards;
  • Co-working space;
  • Boutique cafés and stores;
  • Sites for children’s leisure;
  • Green recreation areas;
  • Parking;
  • 24/7 security.

As an additional bonus, Peninsula Three by Select Group is close to the Peninsula Promenade with fountains, a concert venue and an open-air cinema.

Apartments in Peninsula Three

As for apartments for sale, Peninsula Three contains 849 premium residences:

  • 222 studios with a floor area of 38 to 40 m2;
  • 491 one-bedroom apartments with a floor area of 60 to 76 m2;
  • 136 two-bedroom apartments with a floor area of 86 to 99 m2.

These homes feature a vivid design with blue, green and orange accents and are finished with premium materials, e.g., ceramic granite tiles, quartz tabletops, wood and metal.

The kitchens are equipped with a fridge, a sink, a gas stove and a washing machine. The two-bedroom apartments in Peninsula Three also boast a dishwasher. The three-metre ceilings make the living quarters look more spacious, while the panoramic windows offer breathtaking views of the Dubai Canal and the surrounding skyscrapers.

A parking bay is assigned to each residence in the covered parking lot.

Peninsula Three by Select Group

An apartment or a studio in Peninsula Three can generate a high profit due to the complex’s prime location and numerous amenities. As the construction progresses, the value of the local properties will rise, so investors who closed a deal at the launch will see their capital grow as early as 2025. Off-plan residences usually become 20–30% more expensive by the time of commissioning.

Landlords can also count on a rental income. The average return on a studio in Business Bay reaches 6.7% annually, while the one- and two-bedroom apartments generate 5.7% and 5.5%, respectively.

Get project presentation
Location
W Mart Supermarket
600 m
Learning Tree Nursery
1.7 km
Dubai Islamic Bank
300 m
Burj Khalifa
2.6 km
Pharmacy
700 m
Airport
15.1 km
Wings of Mexico statue
3 km
Beach
6.4 km
Business Bay

The Business Bay community is located in the central part of the emirate and stretches along the Dubai Canal. It is home to residential, business, hotel, and mixed-use developments, as well as restaurants, supermarkets, Bay Avenue Mall, a park, and waterfront. There is also a yacht club and ferry docks in the area.

Download property catalogue

Payment plan

5%
On Booking
15%
Within 14 days from booking date
20%
Within 6 months from booking date
10%
Within 12 months from booking date
50%
On Completion
FAQ
Who is building Peninsula Three?
The project is being implemented by the Select Group, established over two decades ago.
In what part of the city is Peninsula Three located?
The complex will be part of Business Bay, a five-minute drive from the city centre.
What property types are available?
This premium project includes studios and one- to two-bedroom apartments.
When will Peninsula Three in Business Bay be move-in ready?
The construction operations will be completed in 2025.
What payment plans are available for off-plan properties for sale in Peninsula Three?
Buyers of these residences are entitled to a 50/50 instalment plan with a 5% down payment.
How much are flats in Peninsula Three?
A studio for sale in Peninsula Three costs AED 878,000 (USD 238,000), while when buying one- and two-bedroom apartments in Peninsula Three, prices from the developer are AED 1.18 million and AED 1.95 million (USD 321,500 and USD 531,000), respectively.
Can I become a resident of the UAE to purchase properties in Peninsula Three for investment or relocation?
Upon buying these premium homes, nationals of other countries can apply for a residence visa.
Can foreigners buy real estate in Peninsula Three?
Expats will have full ownership rights on local properties as the project is being implemented in a freehold area.
What standard of living will Peninsula Three offer?
Swimming pools, lounge areas, a tennis court, a co-working space, and a yoga site will enable residents to pursue a dynamic lifestyle, play sports, relax, and work amidst first-rate amenities.
What are the advantages of living in Business Bay?
One of the key advantages of this business community is its proximity to business centres and a wide range of leisure and recreation opportunities on the premises, such as shops, restaurants, hotels, spas and fitness centres. Besides, Downtown Dubai with its attractions is only a 5-10 minute drive away.

Developer Select Group

2002Founded in

Select Group Construction Company has been operating in the property market since 2002. The developer has a large investment portfolio, which includes residential and commercial properties in the UAE, Germany, the UK, and Croatia.

2002Founded in
Contact Us
Name
Phone number *
Send