DUBAIPROJECT FINDER
Peninsula Three, Business Bay

From

On request

Handover

TBC

Bedrooms

Studio–2 bed

Payment plan

TBC

Select Group's Peninsula Three brings apartment (Studio–2 bed) to Business Bay.

No starting price has been published. The site is on the water.

  • 49-storey waterfront tower
  • Studios and one- and two-bedroom apartments
  • Glass-fronted façades with natural light
  • Views of Burj Khalifa and the Downtown skyline
  • Dubai Canal and Arabian Gulf views
  • Extensive sports and leisure facilities
Peninsula Three

Photos: developer's project page.

Adviser's note

About Peninsula Three

Select Group is the developer of Peninsula Three, a 49-story waterfront residential tower in Business Bay. The development consists of studios and one- to two-bedroom apartments. Sizes range from 410 sq. ft. for studios to 1,061 sq. ft. for two-bedroom units. Glass facades provide natural light. Listed views include Burj Khalifa, the Downtown skyline, Dubai Canal, and the Arabian Gulf. Pricing, completion date, and a detailed payment plan have not been provided.

The combination of waterfront living and extensive sports facilities distinguishes this project. Residents have access to a gym, running track, yoga deck, lap pool, and leisure pool. Additional facilities include tennis and padel courts, a skate park, and a 3-on-3 basketball court, complemented by public parks and a children’s play area. As such, Peninsula Three is a logical choice for buyers prioritizing sports amenities where they live, as well as families seeking an apartment with surrounding play space. According to project information, Burj Khalifa and Dubai Mall are a six-minute drive away.

Written by our team from the developer's published information (select-group.ae), checked 10 November 2026.

Units

Property types and prices

Apartment

Studio

Price on request

Apartment

1 bedroom

Price on request

Apartment

2 bedrooms

Price on request

Published unit sizes: 410 sq.ft. studios to 1,061 sq.ft 2 bedroom apartments.

The facts

Key details

Developer
Select Group
Location
Business Bay
Unit types
Apartment
Bedrooms
Studio–2 bed
Starting price
Not published
Handover
Not published
Unit sizes
410 sq.ft. studios to 1,061 sq.ft 2 bedroom apartments

From the developer

Project description

Peninsula Three is a 49-storey residential tower in Business Bay, designed around modern architecture and waterfront living. The development combines homes with recreational spaces intended to support an active, social lifestyle. The residences comprise studios and one- and two-bedroom apartments, ranging from 410 sq.ft. studios to 1,061 sq.ft. two-bedroom homes. Glass-fronted façades bring natural light into the interiors and offer views of Burj Khalifa, the Downtown skyline, Dubai Canal and the Arabian Gulf. Sports and leisure facilities include a fully equipped gym, running track, yoga deck, lap pool and leisure pool. Tennis and padel courts, a skatepark and a 3-on-3 basketball court provide further outdoor activities, while public parks and a children’s play area cater to family recreation. The development sits within Peninsula in Business Bay, close to Downtown Dubai and with connections to destinations across the city. The page lists Burj Khalifa/Dubai Mall as a six-minute drive away, DIFC as ten minutes away and Jumeirah Beach as seven minutes away.

Text summarised from select-group.ae (original English).

Payments

Payment plan

The developer has not published a payment plan yet.

On site

Features and amenities

  • Fully equipped gym
  • Running track
  • Yoga deck
  • Lap pool
  • Leisure pool
  • Tennis courts
  • Padel courts
  • Skatepark
  • 3-on-3 basketball court
  • Public parks
  • Kids play area

As listed by the developer (original English).

Location

Business Bay

  • Knowledge Village – 13 min
  • The Palm Jumeirah – 18 min
  • Emirates Golf Club – 16 min
  • Dubai International Airport – 11 min
  • Burj Khalifa/ Dubai Mall – 6 min
  • Dubai Downtown – 8 min
  • Mall of the Emirates – 9 min
  • DIFC – 10 min
  • Jumeirah Beach – 7 min

Map pin is approximate, based on the project name and community.

Also launching in Business Bay: 15 Northside, The Edge, Peninsula One, Regalia by Deyaar, The Quayside, Avarra by Palace.

Investment perspective

Points in favour, points to check

In favour

  • · Waterfront position, which is in limited supply in most communities.
  • · Select Group has several current launches listed here, so comparable stock is easy to benchmark.
  • · The developer publishes concrete distances, e.g. Knowledge Village – 13 min.

To check

  • · No published price yet; compare against nearby launches before reserving.
  • · No handover date published.
  • · 6 other launches in Business Bay compete for the same buyers and tenants.
  • · Check the service-charge estimate and the developer's delivery record.

We don't quote rental yields or expected returns for off-plan projects.

Before you commit

What we don't know yet

Not published by the source: starting price, handover date, payment plan.

  • · Off-plan handover dates can slip; check the completion clause in the sale agreement.
  • · Pay only into the project's escrow account and check its registration with the Dubai Land Department.
  • · Prices here are the published entry level, not a quote for a specific unit.

Questions

Peninsula Three: common questions

What does Peninsula Three cost?+

No price has been published yet. We can request the developer's price list for you.

When is handover?+

The developer has not published a handover date.

What is the payment plan?+

Not published yet; we can send the official plan once released.

Where is it?+

Business Bay, Dubai. Nearby, according to the developer: Knowledge Village – 13 min; The Palm Jumeirah – 18 min; Emirates Golf Club – 16 min; Dubai International Airport – 11 min.

Can foreigners buy here?+

Non-residents can buy in Dubai's freehold areas. Confirm that Business Bay is freehold and that the project is registered with the Dubai Land Department before paying a deposit.

Source: select-group.ae · checked 10 November 2026. Prices and availability change.

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