Peninsula Three, Business Bay

Peninsula Three is an off-plan residential tower located in Business Bay, Dubai. The building is part of the Peninsula community, which includes three other towers.  Overlooking the Marasi Marina, the 49-storey tower will offer studio, 1 and 2-bedroom apartments. The units can be booked with an initial payment of just 5%.

The project by Select Group will include various facilities such as a gym, multiple swimming pools, a yoga deck and dedicated tracks for running and walking. For recreation, the development will feature a skate park, splash pad, lush lawns and courts for basketball, padel, and tennis. Peninsula Tower is scheduled for Q2 2025.

Business Bay is a centrally located area in Dubai, offering a mix of completed and off-plan residential projects. The area is well-connected to the rest of the city through Al Khail Road (E44) and Sheikh Zayed Road (E11). In the past 12 months, the apartments sold in Business Bay were valued at more than AED 20B. Additionally, there have been more than 14,000 rental transactions for apartments in Business Bay.

• Type of building: Residential
• Expected date of completion: Q2 2025
• Location: Business Bay
• Developer: Select Group
• Unit type: Studio, 1 and 2-bedroom apartments
• Amenities: Swimming pools for adults and children, gym, outdoor yoga deck, running/walking tracks, basketball courts and skating areas

Interested residents and investors can buy apartments using the payment plan stated below:

Key takeaways:

• An initial payment of 5% is needed for the reservation. 
• The final instalment of 50% has to be paid at the completion time.

The waterfront project, Peninsula Three, is scheduled to be completed by Q2 2025.

IN-HOUSE FACILITIES

Fitness facilities will include a fully equipped gym at Peninsula Three. Other lifestyle amenities include separate swimming pools for adults and children, an outdoor yoga deck and dedicated running/walking tracks, basketball courts, skating areas, tennis courts and padel facilities. 

Additional leisure amenities include podium seating, lush green lawns and a dry fountain with a splash pad. Residents can also access food pavilions and a designated children’s play area.

PARKING

Residents can access the convenience of covered parking in Peninsula Three. 

ELEVATORS

High-speed elevators in Peninsula Three will provide efficient access to all floors.

SECURITY, CENTRAL AIR-CONDITIONING, AND MAINTENANCE SERVICES

A dedicated security team, supported by a CCTV system, will ensure safety around the clock. Additionally, maintenance staff will be available on-premises to provide general building upkeep.

Peninsula Three apartments are available in multiple configurations. You can check out the floor plans created by Bayut in 2D and 3D formats below:

Peninsula Three in Business Bay Dubai will feature studio, 1 and 2-bedroom apartments. 

STUDIO APARTMENTS IN PENINSULA THREE

Studio apartments in Peninsula Three Dubai will offer one bathroom, an open-plan kitchen and a balcony. The covered areas will range from 360 sq. ft. to 695 sq. ft.

1-BEDROOM APARTMENTS IN PENINSULA THREE

1-bedroom apartments in Peninsula Three will have one bathroom, a living/dining area, a kitchen and a balcony. These units will cover 610 sq. ft. to 823 sq. ft.

2-BEDROOM APARTMENTS IN PENINSULA THREE

2-bedroom apartments in Peninsula Three by Select Group will have two bathrooms, a living/dining area, a kitchen and a balcony. The covered areas will be around 930 sq. ft. to 1,061 sq. ft.

Sheikh Zayed Road (E11) and l Khail Road (E44), two well-connected highways, are just 7 minutes from the project’s location. These roads offer convenient routes to essential areas and destinations. Those relying on Dubai public transportation near Peninsula Three will find taxis, buses and the metro.

BUS STATIONS NEAR PENINSULA THREE

Lillian Tower 1 Bus Stop is about a 4-minute drive, serviced by buses 26, F14, F19A and X22.

METRO STATIONS NEAR PENINSULA THREE

To travel by Dubai Metro, Business Bay Metro Station is about a 5-minute drive from Peninsula Three.

Residents can access some of the best restaurants in Business Bay, including:

• Chennai Kings Restaurant
• Kitchen 6
• Sfumato Restaurant
• ABS Restaurant and Cafe
• Vyne Restaurant & Bar

These restaurants near Peninsula Three are reachable within a 7-minute drive, offering Arabic, American, Italian and Indian cuisines.

Popular supermarkets near Peninsula Three include:

• Fmart Supermarket
• Allday Minimart
• W Mart

These supermarkets are accessible within a 7-minute drive.

• Dubai Mall
• At the Top, Burj Khalifa 
• Dubai Bowling Centre

DUBAI MALL

Dubai Mall is one of the most prominent shopping destinations in the world, offering an extraordinary mix of retail, entertainment and dining experiences. The mall draws millions of visitors annually with over 1,200 shops, an Olympic-sized ice rink, and attractions like the Dubai Aquarium & Underwater Zoo. It is reachable within a 9-minute drive.

AT THE TOP, BURJ KHALIFA

At the Top, the Burj Khalifa observation deck on the 124th and 125th floors offers breathtaking panoramic views of Dubai’s skyline, the Arabian Gulf and the desert. Visitors can use high-powered telescopes to explore landmarks and enjoy multimedia displays detailing the tower’s construction. One can reach At the Top, Burj Khalifa, within a 10-minute drive. 

DUBAI BOWLING CENTRE

Dubai Bowling Centre is a vibrant leisure destination. With multiple bowling lanes, an arcade and a café, the venue offers a relaxed atmosphere. It is located within a 12-minute drive.

WHAT ARE THE APARTMENT TYPES IN PENINSULA THREE?

Peninsula Three offers studio, 1 and 2-bedroom apartments.

DOES PENINSULA THREE HAVE FLOOR PLANS?

Floor plans for Peninsula Three can be found on the Bayut website. 

IS THERE A GYM IN PENINSULA THREE?

Yes, there is a well-equipped gym in Pennisula Three Dubai Business Bay. 

Featured image credit: Select Group