1BR Apartment in Peninsula Three, Business Bay
About this property
Peninsula Three is a residential tower within the Peninsula master community by Select Group, located in Business Bay, Dubai. The project forms part of a waterfront development positioned on the doorstep of Downtown Dubai and designed to combine urban living with a more private canal-side setting. The brochure describes Peninsula as a master-planned community with unobstructed waterfront views and a location connected to key parts of the city, including Downtown Dubai, Dubai Mall, Dubai Opera, DIFC, and Dubai International Airport.
Peninsula Three is a 49-storey tower with a collection of studios, one-bedroom, and two-bedroom apartments. The residences are designed with glass-fronted façades to maximise natural light and views towards Burj Khalifa, the Downtown skyline, Dubai Canal, and the Arabian Gulf. The brochure also outlines selected interior and specification details, including quartz countertops and laminate kitchen shutters, porcelain tile finishes in bathrooms, showers, a fridge/freezer, sink, and gas oven, as well as provision for a washing machine/dryer in all units and provision for a dishwasher in two-bedroom layouts.
Peninsula Three is supported by a broad range of lifestyle and community amenities. Within the tower and wider community, residents have access to a fully equipped gym, lap pool, leisure pool, kids swimming pool, outdoor lounge and yoga deck, landscaped areas, leisure lawn areas, a running and walking track, skate park, kids play area, tennis court, padel courts, 3-on-3 basketball court, dry fountain splash pad, and food and beverage pavilions. The project also includes a lobby with 24-hour security and reception, a co-working space, lounge area, electric vehicle charging hubs, and access to the 50th viewing deck.
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. How much does property cost in Business Bay? Registered residential unit sales in Business Bay had a median price of AED 2,431 per sq ft between 1 January and 1 October 2026, based on 4,754 sales recorded by the Dubai Land Department. What is the average rent in Business Bay? The median annual rent was AED 95,000, based on 17,685 Ejari contracts in the Business Bay over the same period. What rental yield does Business Bay offer? These figures give a gross yield of about 4.6%, before service charges, fees and vacancy. Source: Dubai Land Department open data, 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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