Under Construction
Sales Started: 1 Apr 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

    April 1, 2022

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

    Apartment

  • Government fee

    4%

Payment plan

10%

Down payment
At sales launch

40%

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
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
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

available in this project.

About the project

The architecture, interior design, craftsmanship, and community of Peninsula Phase 3 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.


Peninsula Phase 3 Location


Peninsula Phase 3 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 Phase 3 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: Sizes from 339 to 452 sqft
  • 1 Bedroom Apartments: Sizes from 576 to 688 sqft
  • 2 Bedroom Apartments: Sizes from 905 to 949 sqft


Project Status


  • The Peninsula Phase 3 Three project is currently under construction with an expected delivery date in Q2-2025.


Community and Lifestyle


Peninsula Phase 3 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 Phase 3 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

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 apartment1,830,00066520 Nov 2024
Studio apartment1,200,00041226 Nov 2024
2 bed apartment2,350,00093128 Nov 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 %90,179
2 bed apartment7 %124,837
3 bed apartment7 %181,887

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.

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