AED 2,244,000
Business Bay
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Peninsula Three 1BR Apartment in Business Bay — Move-In Ready Value
Positioned in the heart of Business Bay, this one-bedroom apartment in Peninsula Three offers a well-proportioned layout suited to both owner-occupiers seeking a central Dubai base and investors targeting strong rental returns in one of the city’s most active corridors. The unit is ready for immediate acquisition on the secondary market, representing a clean entry into a project with proven demand and continued capital interest.
Unit Features:
– One-bedroom apartment
– 646 ft² / 60 m² total area
– Business Bay, Dubai
– Resale, secondary market
Complex Amenities:
– Swimming pool
– Fully equipped gymnasium
– Landscaped podium level
– Retail and dining at base
– Dedicated parking
Architecture & Concept:
Peninsula Three is part of a master-planned waterfront cluster developed along the Dubai Canal edge of Business Bay. The tower delivers clean contemporary architecture with efficient floor plates and strong glazing ratios. The podium connects residents to canal-facing promenades and lifestyle amenities.
About the Developer:
Peninsula Three was delivered by Select Group, a developer with a consistent track record across residential and mixed-use schemes throughout Dubai’s premium districts.
Location & Benefits:
– Business Bay central district
– Minutes from Downtown Dubai and Burj Khalifa
– Direct access to Dubai Canal waterfront
– Close to Sheikh Zayed Road interchange
– Metro connectivity via Business Bay station
– High walkability score within the cluster
Investment Appeal:
– Business Bay ranks among Dubai’s top rental-demand districts
– One-bedroom units here demonstrate strong and consistent occupancy
– Canal-adjacent addresses command a liquidity premium on resale
– Entry into an established, completed tower reduces development risk
– Limited availability of this configuration creates a rare acquisition window
– Value-growth trajectory supported by continued infrastructure and supply constraints nearby
Frequently Asked Questions:
Q: Is the unit currently tenanted or vacant?
A: Tenancy status can be confirmed upon enquiry; both options are available depending on buyer preference.
Q: What is the service charge rate for Peninsula Three?
A: Service charge figures are registered with RERA and can be provided in full during the due diligence stage.
Q: Is this unit suitable for short-term rental or holiday home licensing?
A: Business Bay is an approved zone for short-term rental operations; licensing eligibility can be confirmed through the relevant authority.
Submit an enquiry through the form on this page to receive full documentation and arrange a viewing at your convenience.
Property information
November 29, 2025
Apartment
Freehold
Building Information
SELECT GROUP “Peninsula Three”
Amenities
- BBQ
- Children’s pool
- Concierge Service
- Covered Parking
- Coworking zone
- Dining outlets (coffee houses & restaurants)
- Kids Play Area
- Landscaped garden
- Leisure areas
- Lift
- Lobby
- Retail outlets
- Security and CCTV
- Shared Pool
- Shared gym & fitness
- Sports ground
- Walking paths
- Yoga studio
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Location
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