Emaar Properties · Business Bay

Peninsula Three

• Apartments

Bedrooms

Studio–2 BR

Size

410–1,061 sqft

Payment plan

On request

Completion

93%

Available

On request

Handover

2025-06-01

About Peninsula Three

Business Bay Off Plan Tower

Peninsula Three is a 49-storey residential tower forming part of the Peninsula master community, a waterfront district on the Dubai Canal within Business Bay. The building comprises 853 units across studio, one-bedroom and two-bedroom layouts, developed by Select Group as part of a wider off plan Business Bay portfolio that includes Peninsula One, Two and Five.

The tower's design uses a concrete structure with a basement, ground floor, three podium levels and 46 upper floors topped by a rooftop level. Residents have access to a viewing deck on the 50th level, positioning Peninsula Three among the taller waterfront addresses in this stretch of Business Bay.

Apartments in Business Bay Layouts

Unit sizes range from 410 to 436 sq ft for studios, 644 to 823 sq ft for one-bedroom apartments, and 931 to 1,061 sq ft for two-bedroom apartments. The breakdown across the tower is 222 studios, 491 one-bedroom units and 136 two-bedroom units, with three, eight and five layout variations respectively giving buyers choice within each typology.

Interiors use quartz countertops and laminate kitchen shutters, porcelain tile flooring, gas cooking provisions, and washing machine and dryer allowances in every unit, with dishwasher provisioning in two-bedroom apartments. Ceiling heights reach 3 metres within units, and each apartment includes one dedicated parking space with access to electric vehicle charging hubs.

Waterfront Lifestyle Amenities

The property sits directly beside the Dubai Canal, giving residents access to tennis and padel courts, a skate park, a 3-on-3 basketball court, a running track and a kids' play area within the Peninsula community. A dry fountain splash pad and three landscaped leisure lawns extend the recreational offering beyond the tower itself.

Within Peninsula Three, the podium level houses a 565 sqm gym, a 32-metre lap pool and a separate leisure pool with a wet deck, plus a kids' pool and an outdoor yoga deck. A lobby with 24-hour security, co-working space and a lounge area rounds out the building's shared facilities.

Select Group Track Record

Select Group has operated in the UAE since 2002 and has delivered over 7,000 homes across more than 13.5 million sq ft of built-up area, with a further 6.5 million sq ft under development. Its Dubai portfolio includes Marina Gate, Jumeirah Living Marina Gate, Six Senses Residences The Palm and the broader Peninsula master community in which Peninsula Three sits.

The group's combined gross development value exceeds AED 17 billion, and its operations extend into the UK, Germany and Croatia alongside hospitality partnerships with brands such as InterContinental and Radisson Blu.

Business Bay Property Investment Case

Business Bay remains one of Dubai's most searched residential districts, and its position immediately south of Downtown Dubai keeps demand for apartments for sale in business bay consistent among both end users and investors. Peninsula Three's canal-front position and views toward Burj Khalifa and the Downtown skyline are specific draws within this broader market.

With handover scheduled for June 2025 and construction reported at over 93% completion, the project is in its final stages, reducing the delivery risk typically associated with earlier-stage off plan business bay launches.

Key highlights

• 49-storey tower with 853 studio, 1 and 2-bedroom units
• Unit sizes from 410 to 1,061 sq ft
• Access to a 50th-floor viewing deck
• Canal-front position with Burj Khalifa and skyline views
• 93%+ construction complete, handover June 2025
• Developed by Select Group, active in the UAE since 2002

Why this project

• 49-storey canal-front tower in Business Bay with a 50th-floor viewing deck, by Select Group, nearing completion.

Amenities

• •Fully equipped gym
• •lap pool
• •leisure pool
• •kids' swimming pool
• •tennis court
• •padel courts
• •skate park
• •3-on-3 basketball court
• •running track

Location

Connectivity to Downtown Dubai

Peninsula Three is located in Business Bay, 2 km (a 7-minute drive) from The Dubai Mall, Burj Khalifa, Business Bay Metro Station and Dubai Opera. Dubai Design District and DIFC are roughly 6 km away, both around 11 to 12 minutes by car, while Meydan is 10 km and 12 minutes from the tower.

Further afield, Dubai Healthcare City sits 11 km away (14 minutes), Ras Al Khor Wildlife Sanctuary and Jumeirah Beach are each about 9 km (15 minutes), and Dubai International Airport is reachable in roughly 16 minutes across 15 km.

Peninsula Neighbourhood Character

As part of the Peninsula master community in Dubai, Peninsula Three benefits from a shared canal-side promenade, retail outlets and food and beverage pavilions designed for daily use rather than occasional visits. The area positions itself as an active, community-focused counterpart to the denser commercial towers found elsewhere in Business Bay.