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

This ready one-bedroom apartment in Peninsula Three sits on a high floor above level 25, offering unobstructed full canal views across Business Bay

The unit is currently tenanted, meaning a buyer steps into an income-generating asset from day one with no void period to manage.

Unit Features

– One-bedroom apartment
– 638 ft² (59 m²)
– High floor, above level 25
– Full canal view
– Currently tenanted
– Business Bay, Dubai

Complex Amenities

– Swimming pool
– Fully equipped gymnasium
– Landscaped podium deck
– Retail and dining at base
– Covered parking
– 24-hour security and concierge

Architecture & Concept

Peninsula Three is part of the master-planned Peninsula cluster by Select Group, designed as a cohesive waterfront precinct along the Dubai Canal. The towers are defined by their slender profiles, floor-to-ceiling glazing, and direct canal frontage. The development blends residential comfort with a walkable, mixed-use environment.

About the Developer

Select Group is one of the UAE’s most established private developers, known for delivering large-scale waterfront communities across Dubai to consistently high construction standards.

Location & Benefits

– Business Bay, central Dubai
– Minutes from Downtown Dubai and Burj Khalifa
– Close to Dubai Canal promenade
– Convenient access to Sheikh Zayed Road
– Metro connectivity via Business Bay station
– Strong corporate and short-stay rental demand in the district

Investment Appeal

– Unit is tenanted, providing immediate rental income
– Canal-view high-floor units command premium rents and resale prices
– Business Bay remains one of Dubai’s most liquid residential submarkets
– Consistent capital appreciation driven by limited canal-frontage supply
– Strong appeal to end-users and institutional buyers alike
– Competitive entry point relative to comparable waterfront stock in the district

Frequently Asked Questions

Q: Is the apartment currently generating rental income?
A: Yes, the unit is rented, so the buyer receives income from the transfer date without any vacancy gap.

Q: What is the view from the unit?
A: The apartment sits above floor 25 and faces the Dubai Canal, providing a full, unobstructed waterway panorama.

Q: Is Peninsula Three a completed project?
A: Yes, the development is fully handed over and ready, with residents already living in the building.

To find out more about this unit or to arrange a viewing, please submit your enquiry through the form on this page.