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

A well-positioned one-bedroom apartment in Peninsula Three suits both end-users seeking a canal-facing residence in Business Bay and investors targeting a liquid, high-demand corridor

The unit sits on a high floor with unobstructed water views, offering a practical layout within one of the district’s most recognisable waterfront addresses.

Unit Features

– One-bedroom apartment
– 639 ft² / 59 m²
– High floor
– Full canal view
– Resale, ready unit

Complex Amenities

– Swimming pool
– Fully equipped gymnasium
– Landscaped podium deck
– Retail and dining at ground level
– Dedicated parking

Architecture & Concept

Peninsula Three is part of the wider Peninsula master development by Select Group, a series of mid-to-high-rise towers designed around the Dubai Water Canal promenade. The architecture prioritises floor-to-ceiling glazing and clean contemporary lines to maximise natural light and canal sightlines. Shared podium levels connect residents to waterfront pathways and communal leisure facilities.

About the Developer

Peninsula Three was delivered by Select Group, a developer with an established track record of residential and mixed-use projects across Dubai and internationally.

Location & Benefits

– Business Bay district, central Dubai
– Approximately 5 minutes to Downtown Dubai and Burj Khalifa
– Direct access to the Dubai Water Canal promenade
– 10-15 minutes to DIFC and Sheikh Zayed Road
– Nearby Metro connectivity via Business Bay station
– Strong rental demand from professionals and corporate tenants

Investment Appeal

– Business Bay ranks among Dubai’s highest-volume rental markets
– Canal-view high-floor units command consistent rental premiums
– Proximity to Downtown Dubai supports strong resale liquidity
– One-bedroom format attracts the broadest tenant pool
– Entry point aligns with comparable waterfront stock in the corridor

Frequently Asked Questions

Q: Is the unit currently vacant or tenanted?
A: Please enquire directly for the current occupancy status and handover timeline.

Q: What is the view orientation from the unit?
A: The apartment faces the Dubai Water Canal with a full, unobstructed water view from the high floor.

Q: Are there post-handover payment options available from the seller?
A: Payment terms are subject to negotiation with the seller; please use the enquiry form for details.

To receive full unit details, floor plan, and availability confirmation, submit your enquiry via the form on this page.