Peninsula ThreeBusiness Bay
1,200,000 AEDmarket
2,876 AED/ft²
Delivered: Q2 2025
Completed
Peninsula Three
Business Bay
Studio, 1 - 2 BedsApartment
Launch price
842,000 AED
Booking
20%
Booking
Construction
30%
Construction
Handover
50%
Handover
Local Information
-- to
Description
Peninsula Three offers apartments for sale in Business Bay, a 49-storey residential tower by Select Group featuring 846 units. This development includes studios, one-bedroom, and two-bedroom apartments. The tower provides residents with waterfront views of the Dubai Canal, Burj Khalifa, and the Downtown skyline. Amenities include a fully equipped gym, lap and leisure pools, tennis and padel courts, a skate park, and a yoga deck. Retail outlets, cafes, and dining venues are available at the podium level, enhancing convenience. Located within the Peninsula masterplan, the project is a short drive from Downtown Dubai and The Dubai Mall. Connectivity is further supported by the nearby Business Bay Metro Station. Construction began in June 2022, with handover completed by June 2025.
Price Analysis for Peninsula Three
Apartment
Studio
40%
224 units
409 – 445 ft²
No market history available yet
Starting price
842K
2,049 /ft²
Current price
1.20M
2,876 /ft²
Every bedroom
priced differently.
All chartsLaunch curvesLive comparables
Price History for Peninsula Three
| Date | Price | Type | Beds | |||
|---|---|---|---|---|---|---|
| 8 May 2026 | 1,170,000 | Apartment | Studio | 409 ft² | — | 2,861 |
| 1 May 2026 | 1,060,000 | Apartment | Studio | 425 ft² | — | 2,494 |
| 30 Apr 2026 | 1,350,000 | Apartment | Studio | 446 ft² | — | 3,027 |
| 20 Apr 2026 | 1,260,000 | Apartment | Studio | 429 ft² | — | 2,937 |
| 16 Apr 2026 | 1,250,000 | Apartment | Studio | 425 ft² | — | 2,941 |
8 May 2026
1,170,000
StudioApartment
409 ft²
—
2,861
1 May 2026
1,060,000
StudioApartment
425 ft²
—
2,494
30 Apr 2026
1,350,000
StudioApartment
446 ft²
—
3,027
20 Apr 2026
1,260,000
StudioApartment
429 ft²
—
2,937
16 Apr 2026
1,250,000
StudioApartment
425 ft²
—
2,941
A little more context
changes the read.
All transactionsAll transactionsSales and RentalsBoth sales and rentalsPrice per ft²Full price per ft²
Showing 5 most recent sales transactions
What's Available for Peninsula Three
| Unit # | Type | Beds | From | Built-up | Int. Area | Ext. Area | Floor |
|---|---|---|---|---|---|---|---|
No units to display | |||||||
No units to display
Price Trends
For units in Business Bay
Comparable Buildings in Business Bay
Assigned Schools
Affordability
Contact datahabibi
FAQ
Peninsula Three attracts a mix of young professionals, families, and international investors drawn to its waterfront position in Business Bay. The development's focus on modern, efficient unit layouts and proximity to major commercial hubs makes it a strong candidate for those seeking both long-term rental demand and personal residence.
The building includes recreational facilities such as multiple swimming pools for adults and children, a gym, and an outdoor yoga deck. Residents also have access to dedicated running and walking tracks, a skate park, a splash pad, and courts for basketball, padel, and tennis.
This development is situated in Business Bay, which is served by the Business Bay Metro Station on the Red Line. The station provides direct connectivity to major landmarks like Downtown Dubai and Dubai International Airport, with bus routes also available to navigate the local district.
The tower is located within a designated freehold zone in Business Bay, allowing foreign nationals to hold full property ownership. This status permits owners to live in, rent out, sell, or pass the property to heirs without the restrictions associated with leasehold areas.
