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

Nestled in Business Bay, Peninsula Three sits at the edge of the Dubai Canal with direct water frontage that few mid-market towers can match

This high-floor one-bedroom apartment captures an unobstructed full canal panorama and suits owner-occupiers seeking a refined city address as well as investors targeting the district’s robust rental market.

Unit Features

– One-bedroom apartment
– 840 ft² (78 m²)
– High floor, above level 30
– Full canal view
– Business Bay, Dubai Canal waterfront

Complex Amenities

– Infinity swimming pool
– Fully equipped gymnasium
– Landscaped waterfront promenade
– Dedicated parking
– 24-hour security and concierge

Architecture & Concept

Peninsula Three is part of a curated master-planned waterfront cluster developed along the Dubai Canal in Business Bay. The tower’s design prioritises glass-fronted facades, maximising natural light and canal sightlines across multiple orientations. Interiors follow a contemporary residential language with clean lines and efficient layouts.

About the Developer

Peninsula Three is a project by Nine Yards, a developer known for large-scale master communities along Dubai’s prime waterfront corridors.

Location & Benefits

– Business Bay, central Dubai
– Approximately 5 minutes to Downtown Dubai and Burj Khalifa
– Approximately 10 minutes to DIFC and Dubai Mall
– Direct access to Dubai Canal promenade
– Business Bay Metro Station within short reach
– Sheikh Zayed Road and Al Khail Road nearby
– High walkability score with retail, dining, and cafes at ground level

Investment Appeal

– Business Bay consistently ranks among Dubai’s highest-demand rental districts
– Canal-view units on high floors command a measurable premium in achieved rents
– Strong secondary-market liquidity with active buyer pool from both end-users and investors
– Limited supply of genuine full-canal-view inventory sustains value growth potential
– Entry point competitive relative to comparable waterfront stock in Downtown and DIFC

Frequently Asked Questions

Q: Is the canal view fully unobstructed from this floor?
A: Yes, the unit sits above level 30, placing it above the sightline of most surrounding structures and delivering a clear, panoramic canal view.

Q: What is the current status of the unit?
A: This is a resale unit within a completed building, available for immediate transfer and handover.

Q: Is this unit suitable for short-term rental?
A: Business Bay permits short-term rental under DTCM licensing, and canal-view high-floor apartments in this cluster perform well in that segment given their central location and views.

To find out more or to arrange a viewing, please use the enquiry form on this page.