3BR Apartment in Peninsula Jumeirah living Business Bay, Business Bay
About this property
Project general facts
Jumeirah Living Business Bay is a premium branded residential development offering a selection of two, three, and four-bedroom residences, as well as five-bedroom simplex and duplex penthouses. The development also features one exclusive full-floor master penthouse located on the top floor, providing an elevated level of privacy and exclusivity. Each residence is designed to a high standard of quality, reflecting the sophisticated character of branded living.
The development combines contemporary design with carefully selected finishes and materials, creating a refined residential environment. Every detail has been thoughtfully curated to deliver an elevated living experience, while the tower’s design maximizes privileged views of the Dubai Canal and/or the Burj Khalifa. The combination of premium finishes and an iconic location contributes to the distinctive appeal of the residences.
The residences feature fully equipped kitchens with integrated appliances, providing a practical and modern living environment. The properties are delivered unfurnished, allowing residents to personalize their interiors according to their individual preferences and lifestyle.
Location description and benefits
Business Bay is one of Dubai’s most recognizable and dynamic districts, combining modern residential towers, commercial developments, hotels, restaurants, and lifestyle destinations. Located directly south of Downtown Dubai, the area offers a contemporary urban environment with a vibrant atmosphere and convenient access to some of the city’s most prominent landmarks.
The district provides a wide range of amenities and services within easy reach, including restaurants, cafes, supermarkets, banks, medical facilities, and retail destinations. Business Bay also offers a variety of entertainment and leisure opportunities, with regular events, celebrations, and activities contributing to its lively character. Its proximity to the Dubai Canal further enhances the appeal of the area for residents seeking an active and modern lifestyle.
Business Bay benefits from its strategic central location and convenient connectivity to other key areas of Dubai. Its position near Downtown Dubai provides easy access to major business, retail, and entertainment destinations, while the surrounding infrastructure supports both everyday convenience and long-term lifestyle appeal. The combination of accessibility, amenities, and a sophisticated urban environment makes Business Bay a well-established destination for modern city living.
Amenities
Location & Lifestyle
Buy or rent in Business Bay, the Dubai Holding district along Dubai Creek and the Dubai Water Canal, next to Downtown Dubai. It has direct links to Sheikh Zayed Road and Al Khail Road and its own Red Line Metro station. Landmarks include Bay Square, Executive Towers, Bellevue Towers and the Marasi Business Bay marinas.
From 1 January to 12 November 2026, DLD recorded 3,839 apartment sales in Business Bay: 1,985 ready apartments at a median of AED 1,821 per sq ft and 1,854 off-plan apartments at a median of AED 2,667 per sq ft.
Business Bay ready apartment prices in 2026 (DLD data)
Studio: 467 sales, median price AED 990,000, median size 461 sq ft
1 bedroom: 851 sales, median price AED 1.45 million, median size 810 sq ft
2 bedrooms: 494 sales, median price AED 2.25 million, median size 1,313 sq ft
3 bedrooms: 142 sales, median price AED 3.47 million, median size 1,941 sq ft
Busiest buildings
Ready: Peninsula Three (148 sales), DAMAC Towers by Paramount (94), Peninsula Four (82), Prive by DAMAC (69)
Off-plan: Binghatti Aquarise (236 sales), Avarra by Palace and Al Habtoor Tower (160 each), Peninsula Four (130)
Rent and yield
What is the average rent in Business Bay? The median annual rent was AED 95,000, based on 17,685 Ejari contracts in Business Bay between 1 January and 1 October 2026.
What rental yield does Business Bay offer? About 4.6% gross, before service charges, fees and vacancy.
Who Business Bay suits
Buyers who want a central apartment next to Downtown Dubai and the Metro.
Investors looking at ready studios and 1-bedroom apartments, the most traded types.
Looking to buy in Business Bay? Platinum Square advisors can share current ready and off-plan options.
Source: Dubai Land Department open data: residential unit sales in Business Bay, 1 January to 12 November 2026 (medians are Platinum Square calculations); Ejari rents, 1 January to 1 October 2026.
Schools nearby
- Hartland International School
- JSS International (Al Safa)
Metro & transit
- Business Bay (Red Line)
Malls & retail
- Bay Avenue
- The Dubai Mall (1 stop)
Healthcare
- Aster Clinic Business Bay
- Emirates Hospital Clinic
Landmarks
- Dubai Water Canal
- Marasi Promenade
- Bay Square
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