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

Business Bay’s waterfront corridor continues to attract end-users and investors alike, and Peninsula Three sits at the heart of this momentum

This high-floor one-bedroom apartment delivers an unobstructed full canal view across one of Dubai’s most active urban waterways, and is offered as a ready resale unit in a completed, occupied building.

Unit Features

– One-bedroom apartment
– 674 ft² (63 m²)
– High floor
– Full canal view
– Business Bay, Dubai

Complex Amenities

– Waterfront promenade access
– Swimming pool
– Gymnasium
– Retail and dining at podium level
– Landscaped communal areas

Architecture & Concept

Peninsula Three is part of a master-planned waterfront cluster designed around continuous canal frontage. The building’s facade and layout prioritise view corridors, with residences oriented to maximise natural light and water outlook. Clean contemporary lines define the interiors and shared spaces throughout.

About the Developer

Peninsula Three was developed by Select Group, a regional developer with a consistent track record of delivering canal-front and high-rise residential projects in Business Bay and Dubai Marina.

Location & Benefits

– Business Bay district, Dubai
– Minutes to Downtown Dubai and Burj Khalifa
– Direct access to Al Khail Road and Sheikh Zayed Road
– Dubai Mall reachable in under ten minutes by car
– Business Bay Metro Station within close proximity
– Strong rental demand from professionals and corporate tenants
– Established community with active resale and leasing market

Investment Appeal

– Consistent rental demand from business district tenants
– Canal-view high-floor units are among the most liquid stock in Business Bay
– Ongoing infrastructure and promenade development supports value growth
– Entry into an established tower with a proven rental history
– Comparable canal-facing stock at this floor level remains limited

Frequently Asked Questions

Q: Is the unit currently tenanted or vacant?
A: Please enquire via the form for current occupancy status and handover timeline.

Q: What are the applicable service charges for this unit?
A: Service charge details are available on request and will be confirmed during the due diligence process.

Q: Is this unit suitable for short-term or holiday-home rental?
A: Business Bay permits short-term rentals subject to DTCM registration; the building and unit type are well suited to this strategy.

Enquire via the form on this page to arrange a viewing or request the full unit details.