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

Situated in the heart of Business Bay, Peninsula Three is a contemporary residential tower forming part of the master-planned Peninsula community by Select Group

This one-bedroom apartment on a high floor offers unobstructed full canal views and suits both owner-occupiers seeking a connected urban lifestyle and investors targeting one of Dubai’s most active rental corridors.

Unit Features

– One-bedroom apartment
– 828 ft² / 77 m²
– High floor
– Full canal view
– Unfurnished
– Resale / ready unit

Complex Amenities

– Infinity swimming pool
– Fully equipped gymnasium
– Waterfront promenade access
– Retail and dining at podium level
– Covered parking
– 24-hour security and concierge

Architecture & Concept

Peninsula Three is part of a four-tower waterfront cluster designed around a landscaped promenade along the Dubai Canal. The architecture follows a clean contemporary aesthetic with floor-to-ceiling glazing that frames the water views. Communal spaces are arranged at podium level to encourage an active, walkable community.

About the Developer

Select Group is a UAE-based developer with a strong track record in waterfront residential projects across Dubai and international markets.

Location & Benefits

– Business Bay, Dubai Canal waterfront
– Approximately 5 minutes to Downtown Dubai and Burj Khalifa
– Approximately 10 minutes to Dubai International Financial Centre
– Close to Metro connectivity via Business Bay station
– Direct canal promenade for cycling and running
– High concentration of corporate tenants and young professionals driving rental demand

Investment Appeal

– Business Bay consistently records among Dubai’s highest rental transaction volumes
– Canal-facing units command a premium over inland stock in the same district
– One-bedroom units in the Peninsula cluster demonstrate strong re-leasing velocity
– Capital appreciation supported by limited remaining waterfront supply in the area
– Entry point competitive relative to comparable canal-view inventory in Downtown adjacent locations

Frequently Asked Questions

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

Q: What canal views are visible from the apartment?
A: The unit faces the Dubai Canal directly and, from a high floor, offers an open waterline panorama without obstruction.

Q: Is the Peninsula community freehold and available to all nationalities?
A: Yes, Business Bay is a designated freehold zone and the property is available for purchase by all nationalities.

Contact us through the enquiry form on this page to arrange a viewing or request further details on this unit.