Peninsula Three 1BR Apartment in Business Bay — Water View

Situated on a mid floor of Peninsula Three, this one-bedroom apartment offers direct canal views across one of Dubai’s most active waterfront corridors

The unit spans 669 square feet and sits within a well-connected Business Bay address suited to owner-occupiers seeking a lock-and-leave residence and investors targeting strong rental returns.

Unit Features

– One-bedroom apartment
– 669 ft² / 62 m²
– Mid-floor position
– Canal view
– Business Bay location

Complex Amenities

– Waterfront promenade access
– Swimming pool
– Fitness centre
– Landscaped podium deck
– Retail and dining at ground level

Architecture & Concept

Peninsula Three is part of Select Group’s master-planned Peninsula cluster, a series of contemporary towers arranged along the Dubai Canal edge in Business Bay. The design prioritises water-facing aspects, clean facade lines, and activated street-level frontage. Residences are laid out to maximise natural light and canal sightlines from living areas.

About the Developer

Peninsula Three was developed by Select Group, a Dubai-based developer with an established track record across premium residential and mixed-use projects in the UAE and internationally.

Location & Benefits

– Business Bay, central Dubai
– Approximately five minutes to Downtown Dubai and Burj Khalifa
– Walking distance to Dubai Canal waterfront trail
– Close proximity to Sheikh Zayed Road interchange
– Business Bay Metro Station within easy reach
– Strong surrounding infrastructure of offices, hotels, and retail

Investment Appeal

– Business Bay consistently records high rental demand from professionals and corporate tenants
– Canal-facing units in Peninsula command a premium over inland Business Bay stock
– The broader Peninsula masterplan drives ongoing footfall and community value
– One-bedroom units in this corridor maintain strong liquidity on resale
– Entry point competitive relative to comparable canal-view product in the submarket

Frequently Asked Questions

Q: What floor does this unit sit on?
A: The apartment is positioned on a mid floor within Peninsula Three, offering canal views without the premium attached to higher floors.

Q: Is this unit suitable for short-term rental?
A: Business Bay is an approved zone for holiday home licensing, and canal-view units of this size typically perform well in the short-term rental market.

Q: What transport links serve Peninsula Three?
A: Business Bay Metro Station is accessible within a short commute, and the tower sits close to major arterial roads including Al Khail Road and Sheikh Zayed Road.

To find out more or arrange a viewing, please submit your enquiry using the form on this page.