AED 1,970,000

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
– Furnishing: not specified
– 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: Is the unit currently tenanted or vacant?
A: Tenancy status is not specified in the current listing; please enquire directly for confirmation.

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.