The Peninsula Five 3Business Bay
1,450,000 AEDmarket
2,763 AED/ft²
Delivered: Q4 2024
Completed
The Peninsula Five 3
Business Bay
Studio, 1 - 3 BedsApartment
Launch price
914,000 AED
Booking
5%
Booking
Construction
35%
Construction
Handover
60%
Handover
Local Information
-- to
Description
Peninsula Five offers luxury apartments for sale in Business Bay, a completed multi-building complex by Select Group. The development features 354 apartments, encompassing studios, 1, 2, 3, and 4-bedroom units, alongside exclusive waterfront duplexes. The main residential tower rises 36 storeys, providing expansive views of the Dubai Water Canal, the iconic Burj Khalifa, and the vibrant Downtown Dubai skyline. Select Group commenced construction in January 2022, with the project reaching completion and handover in December 2024. Situated directly on the Dubai Water Canal, Peninsula Five is part of the larger Peninsula master-waterfront community. It offers convenient access to the Business Bay Metro Station and major thoroughfares like Sheikh Zayed Road. Nearby attractions include the Dubai Mall and Bay Avenue Mall, ensuring a sophisticated urban living experience. This development was designed with premium finishes and thoughtful layouts.
Price Analysis for The Peninsula Five 3
Apartment
Studio
56%
107 units
512 – 543 ft²
No market history available yet
Starting price
914K
1,768 /ft²
Current price
1.45M
2,763 /ft²
Every bedroom
priced differently.
All chartsLaunch curvesLive comparables
Price History for The Peninsula Five 3
| Date | Price | Type | Beds | |||
|---|---|---|---|---|---|---|
| 25 Mar 2026 | 1,495,000 | Apartment | Studio | 541 ft² | — | 2,763 |
| 20 Jan 2026 | 1,525,000 | Apartment | Studio | 517 ft² | — | 2,950 |
| 8 Jan 2026 | 1,440,000 | Apartment | Studio | 515 ft² | — | 2,796 |
25 Mar 2026
1,495,000
StudioApartment
541 ft²
—
2,763
20 Jan 2026
1,525,000
StudioApartment
517 ft²
—
2,950
8 Jan 2026
1,440,000
StudioApartment
515 ft²
—
2,796
A little more context
changes the read.
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Showing 3 most recent sales transactions
What's Available for The Peninsula Five 3
| 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
The Peninsula Five 3 caters to investors and professionals seeking waterfront residential assets within the Business Bay district. Its location and unit mix are designed to appeal to those prioritizing proximity to major commercial hubs and high-end urban amenities.
The building provides residents with access to a swimming pool, a dedicated kids' pool, and both sauna and steam room facilities. Additionally, the building features a basketball court and is integrated into the wider Peninsula master plan, which includes landscaped parks and a waterfront marketplace.
This development is situated in Business Bay, which is served by the Business Bay Metro Station on the Red Line. This station provides connectivity to major city destinations including Downtown Dubai and the Dubai Marina.
The tower offers a variety of residential options ranging from studio apartments to four-bedroom units. These layouts are designed to provide diverse living spaces within the 36-storey tower.
