
Peninsula 3
Peninsula Three is a prestigious 49-storey residential tower developed by Select Group, strategically located in the heart of Business Bay, Dubai. This architectural marvel offers a collection of 849 premium residences, including studios, one-bedroom, and two-bedroom apartments, with sizes ranging from 410 to 1,061 sq. ft. Each unit is meticulously designed with modern aesthetics, featuring floor-to-ceiling windows that provide breathtaking views of the Dubai Canal, Burj Khalifa, and the dynamic city skyline. The interiors boast high-quality finishes, with porcelain flooring and light-colored walls creating a bright and inviting ambiance. The kitchens are equipped with quartz countertops and laminated shutters, ensuring both functionality and style. Residents of Peninsula Three have access to an array of world-class amenities designed to enhance their lifestyle. The development features exclusive cafés and restaurants, co-working spaces for professionals, and a luxurious spa for relaxation. Fitness enthusiasts can enjoy the fully equipped gymnasium, swimming pools, and various sports facilities, including tennis, squash, and basketball courts. Outdoor activities are further complemented by landscaped parks, a jogging track, and a skate park. For families, there are dedicated children's play areas, ensuring a wholesome environment for all ages. The ground level houses retail outlets, providing convenient shopping and dining options within the premises. Strategically positioned along the Dubai Canal, Peninsula Three offers seamless connectivity to major road networks such as Sheikh Zayed Road and Al Khail Road, facilitating easy access to key destinations across the city. The bustling Downtown Dubai, home to iconic landmarks like the Burj Khalifa, Dubai Mall, and Dubai Opera, is just a short drive away, offering residents a plethora of entertainment, dining, and cultural experiences. The payment plan for Peninsula Three is structured to accommodate both investors and end-users, with a 5% down payment, 45% during construction, and the remaining 50% upon handover. The anticipated completion and handover are scheduled for the first quarter of 2025, making it an attractive opportunity for those seeking a modern urban lifestyle in one of Dubai's most sought-after locations. With its prime location, exceptional design, and comprehensive amenities, Peninsula Three stands as a testament to luxury living in the heart of the city.
Starting from, AED
1,142,000
Emirate
Dubai
Area
Business BayStatus
Under construction
Developer
Select GroupSize from
410 sq ft
Handover
2025 Q1
Amenities
Gallery
Payment plan
5%
Booking
About Location
The area with the self-explanatory name, Business Bay is the business and commercial center of Dubai. Its concept was created as an equivalent of Manhattan in New York and Ginza in Tokyo. Development of the area began in 2003 and by 2017, the world-famous publishing house; Lonely Planet, who publishes global travel guides, included Business Bay in the top-five most interesting places to visit.
Business Bay hosts a number of mixed-use, high-rise developments from office buildings, banks and retail areas, residential real estate, luxury hotels, restaurants and entertainment venues. The total area of Business Bay is 79,975,854 sq. ft. After the full completion of construction works, there will be 240 skyscrapers that will house residential and commercial units. The main waterway of the Emirate, the artificial Dubai Water Canal, runs along the central part of the entire area. There are dozens of restaurants, as well as cultural and entertainment facilities along the waterfront, including the famous aqua theatre, La Perle.


About Developer
The developer Select Group is one of the largest construction firms in the UAE and was established back in 2002, and specializes in residential and commercial premises, as well as retail, hotel and multifunctional real estate projects. The international firm has more than 750 employees and conducts construction in Arabian Gulf countries and Europe. In 2018 Select Group was awarded the title of the best real estate developer in the Middle East according to Forbes.
Investment activity
Select Group is also engaged in successful investment activities in the field of real estate. Its main projects in the UAE include a 20-floor tower from Emaar – Marina Tower, a 9-storey residential building in Dubai Studio City – The Hive, and Gym Nation locations. The company also invests in European countries with projects such as land in Ciovo; Croatia, Ballochmyle Estate in Scotland, Velocity Tower in the UK and many more.
Charitable activity
Charity is another vector of the Select Group company’s activity. The charitable activities include emergency medical care, assistance for natural disasters and scholarships for students from underdeveloped countries. Select Group invests in the following charitable foundations: Al Jalila Foundation UAE, SOS Children’s Village Pakistan, Dubai Cares UAE, Save the Children India, Christie Charity UK and many others.
