Peninsula Three 1BR Apartment in Business Bay — Water View, High Floor

Business Bay’s waterfront corridor is one of Dubai’s most actively traded residential zones, and Peninsula Three places residents at its heart

This one-bedroom apartment on a high floor above level 35 captures a full canal view and suits owner-occupiers seeking a city-water lifestyle as much as investors targeting strong rental returns.

Unit Features

– Type: one-bedroom apartment
– Area: 638 ft² / 59 m²
– Floor: above level 35
– View: full canal view
– Status: resale, ready

Complex Amenities

– Waterfront promenade access
– Swimming pool
– Fully equipped gymnasium
– Retail and dining at podium level
– Covered parking

Architecture & Concept

Peninsula Three is part of Select Group’s master-planned Peninsula cluster along the Dubai Canal in Business Bay. The tower’s design emphasises floor-to-ceiling glazing and clean contemporary lines to maximise water views from elevated floors. The podium connects directly to the canal promenade, blending indoor and outdoor living.

About the Developer

Peninsula Three is developed by Select Group, a regionally established developer known for waterfront residential and mixed-use projects across Dubai and internationally.

Location & Benefits

– District: Business Bay, Dubai Canal frontage
– Approximately 5 minutes to Downtown Dubai and Burj Khalifa
– Approximately 10 minutes to Dubai International Financial Centre
– Approximately 20 minutes to Dubai International Airport
– Metro connectivity via Business Bay station
– High walkability along the canal promenade
– Strong occupier demand from finance and tech sector tenants

Investment Appeal

– Business Bay consistently records among Dubai’s highest rental transaction volumes
– Canal-view, high-floor units command a measurable premium over inland stock
– Short-term rental demand is robust given proximity to Downtown and DIFC
– Resale liquidity is supported by continuous end-user and investor activity in the sub-market
– Peninsula as a completed cluster attracts buyers seeking immediate rental income
– Entry into a proven waterfront address with demonstrated capital growth trajectory

Frequently Asked Questions

Q: What floor level qualifies as high floor in Peninsula Three?
A: This unit is situated above floor 35, placing it in the upper tier of the tower with unobstructed canal views.

Q: Is this unit suitable for short-term rental operation?
A: Business Bay permits short-term rental activity subject to DTCM registration; the building’s profile and location make it a viable candidate for that strategy.

Reach out through the enquiry form on this page to receive full details, floor plans, and to arrange a viewing.