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

This ready one-bedroom apartment in Peninsula Three, Business Bay, is available now on the secondary market

Situated on a high floor with direct canal views, the unit is currently tenanted, making it a straightforward income-generating acquisition from day one.

Unit Features

– One-bedroom apartment
– 646 ft² / 60 m²
– Unfurnished
– Currently rented
– High floor, above 30 levels
– Canal view
– Business Bay district

Complex Amenities

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

Architecture & Concept

Peninsula Three is part of the wider Peninsula master community by Select Group, a large-scale mixed-use waterfront development along the Dubai Canal. The towers are designed with clean contemporary lines, floor-to-ceiling glazing, and a strong emphasis on canal-facing orientation. The podium level connects residents to a pedestrian waterfront promenade.

About the Developer

Peninsula Three is developed by Select Group, one of the UAE’s most established private developers with a track record spanning residential, hospitality, and mixed-use assets across Dubai.

Location & Benefits

– Business Bay, central Dubai
– Approximately 5 minutes to Downtown Dubai and Dubai Mall
– Walking distance to Dubai Canal waterfront promenade
– Close to Business Bay Metro Station
– Easy access to Sheikh Zayed Road and Al Khail Road
– High-density employment hub sustaining strong rental demand

Investment Appeal

– Tenanted unit delivering rental income from transfer date
– Canal-view high-floor stock in Business Bay remains consistently in demand
– Business Bay ranks among Dubai’s most liquid secondary markets
– One-bedroom canal-view apartments in this corridor attract both end-users and investors
– Limited availability of ready, rented, canal-facing units in Peninsula Three at this tier

Frequently Asked Questions

Q: Is the unit currently generating rental income?
A: Yes, the apartment is rented, so the buyer receives income immediately upon transfer.

Q: What floor range does this unit fall within?
A: The unit is situated on a high floor, above the 30th level, maximising canal views and privacy.

Q: Is the apartment available for viewing while tenanted?
A: Viewings can be arranged subject to tenant coordination; contact us via the enquiry form to confirm availability.

To receive full details, payment terms, and arrange a viewing, please submit your enquiry using the form on this page.