Off-plan
Sales Started: 1 Jun 2022

Peninsula Phase 3 By Select Group

Starting from 1.1M AED*

*This is the current lowest price available for this project. Prices are subject to change based on market conditions and availability.

Key information

  • Delivery date

    June 2025

  • Sale starts

    June 1, 2022

  • Location
  • Payment plan
  • Number of buildings
  • Property types

    Apartment

  • Government fee

    4%

Payment plan

  • 5%

    Down payment

    At sales launch

  • 45%

    During construction

  • 50%

    On handover

  • Project timeline

    • Project announcement

    • Booking Started

    • Construction Started

    • Expected Completion

    Units

    from developer

    apartment

    Layout typeSize (sqft)Floor plan
    Type TN Unit 203401
    Type TM Unit 202339
    Type TJ Unit 12 Floors 3, 7, 12, 17, 22, 27 & 32409
    Type TG Unit 07 Floors 4-6, 8-11,13-14, 18-21, 23-26, 28-31 & 33-35417
    Type TC Unit 03 Floors 3-14 & 17-35408
    Type TO Unit 204452
    Out of stock
    Layout typeSize (sqft)Floor plan
    Type TL Unit 201633
    Type TP Unit 205613
    Type TK Unit 14 Floors 4-6, 8-11,13-14, 18-21, 23-26, 28-31 & 33-35576
    Type TI Unit 11 Floors 4-6, 8-11,13-14, 18-21, 23-26, 28-31 & 33-35620
    Type TF Unit 06 Floors 4-6, 8-11,13-14, 18-21, 23-26, 28-31 & 33-35663
    Type TD Unit 04 Floors 3-14 & 17-35632
    Type TA Unit 01 Floors 3, 7, 12, 17, 22, 27 & 32688
    Out of stock
    Layout typeSize (sqft)Floor plan
    Type TH Unit 09 Floors 4-6, 8-11,13-14, 18-21, 23-26, 28-31 & 33-35912
    Type TB Unit 02 Floors 4-6, 8-11,13-14, 18-21, 23-26, 28-31 & 33-35905
    Type TE Unit 05 Floors 4-6, 8-11,13-14, 18-21, 23-26, 28-31 & 33-35949
    Out of stock

    available in this project.

    About the project

    The architecture, interior design, craftsmanship, and community of Peninsula Three are all masterfully crafted. The well-known Select Group's project creates a lively and friendly waterfront lifestyle environment. The panoramic views of the Arabian Gulf, Dubai Canal, Downtown skyline, and the famous Burj Khalifa are a luxury enjoyed by the residents. 


    Location


    Peninsula Three is a crucial component of Dubai's most sought-after residential neighborhood and is located within the art district. It is in a unique position to satisfy a broad range of tastes by fusing the edge of contemporary designs with an upscale waterfront lifestyle. 


    Features and Amenities


    The 49-story waterfront skyscraper exemplifies sophisticated urban living and the quest of flawless harmony between luxury and leisure. One of the most renowned and significant architectural teams in the UAE put a great deal of effort into researching and detailing the modern apartments and first-rate community amenities that it offers. 


    Housing Options


    Peninsula Three offers a vibrant collection of fresh, world-class studios, one-bedroom and two-bedroom units. Every apartment in Business Bay is a contemporary architectural statement that showcases the best level of craftsmanship and raises the bar for luxurious urban living. 


    Unit Types


    • Studios from 339 to 452 sqft 
    • 1 Bedroom Apartments from 576 to 688 sqft
    • 2 Bedroom Apartments from 905 to 949 sqft


    Project Status


    The Peninsula Three project is currently under construction with an expected delivery date in Q2-2025.


    Community and Lifestyle


    Peninsula Three residents enjoy living in a neighborhood that emphasizes contemporary elegance and a superior standard of living. The neighborhood offers people a distinctive way of life by fusing the arts, culture, and environment. Living in a freshly created community gives you access to modern amenities and services, and the area offers a wide range of entertainment possibilities. 


    Peninsula Three is evidence of Select Group's love of real estate and dedication to creating distinctive, opulent homes. This project is poised to revolutionize urban life in the United Arab Emirates thanks to its ideal location, unique features, and assortment of housing alternatives.


    Peninsula Phase 3 By Select Group masterplan

    Peninsula Phase 3 by Select Group Masterplan Overview


    Peninsula Phase 3 by Select Group is a 49-story waterfront tower located in Business Bay, offering a blend of luxury and modern urban living. The development features studios, 1-bedroom, and 2-bedroom apartments with panoramic views of the Arabian Gulf, Dubai Canal, and Burj Khalifa. Designed to offer a sophisticated yet relaxed lifestyle, it combines sleek architecture with first-class amenities, including tennis courts, skate parks, and a range of fitness options. Residents enjoy the vibrancy of an arts-focused neighborhood and access to a curated lifestyle within a growing community.


    Key Features


    Amenities


    • Leisure lawn areas
    • Basketball and tennis courts
    • Skate park & kids' play area
    • Food & beverage pavilions
    • Running/walking track


    Location & Nearby Attractions


    • 6 Minutes to Ras Al Khor Wildlife Sanctuary
    • 9 Minutes to The Dubai Mall
    • 10 Minutes to Burj Khalifa
    • 14 Minutes to Dubai International Airport

    Location

    Map preview

    Amenities

    • Jacuzzi & Steam
    • Fully Furnished
    • Children Nursery
    • Private Garden
    • Private Jacuzzi
    • Shared Pool
    • Shared Spa
    • Security
    • Concierge
    • Maid Service

    Sold history for Peninsula Three

    TypeAEDArea (sqft)Date sold
    1 bed apartment1,750,0006743 Feb 2025
    Studio apartment1,150,00041228 Jan 2025
    2 bed apartment2,710,0001,01125 Dec 2024

    We make no warranties or representations about the estimated rent, and is provided for general information purposes only. Although we make reasonable efforts to provide an estimation based on several relevant factors, including average rental prices in the community (without crossing the maximum documented rent of similar properties, where available), please note that the estimated value is subject to market conditions, property location and details, and other factors beyond our control. You should consult a licensed property broker to fully understand all factors which affect property values and rental yields.

    Estimated rent you could get

    This rental estimate is calculated based on the current ROI of Business Bay. The estimated rental price represents the ROI percentage of the average sale price.
    TypeRental YieldEstimated rent (AED/year)
    1 bed apartment8 %91,530
    2 bed apartment7 %132,105
    3 bed apartment7 %172,256

    We make no warranties or representations about the estimated rent, and is provided for general information purposes only. Although we make reasonable efforts to provide an estimation based on several relevant factors, including average rental prices in the community (without crossing the maximum documented rent of similar properties, where available), please note that the estimated value is subject to market conditions, property location and details, and other factors beyond our control. You should consult a licensed property broker to fully understand all factors which affect property values and rental yields.

    More projects

    Developer properties are out of stock.

    Frequently asked questions

    Developer properties are out of stock.