Overview
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Download the brochure for Peninsula Three van Select Group in Business Bay for free with all the information about this project.

Project description
- Prestigious 49-storey residential tower in the heart of Business Bay
- Exceptional views of the Burj Khalifa, Downtown Dubai and the Dubai Canal
- Modern apartments with high-quality finishes and expansive glass facades
- Extensive amenities including swimming pools, a fitness centre and recreation zones
- Favourable payment plan with only 50% due during the construction period
Peninsula Three at Business Bay (Dubai): Luxury homes by Select Group
Peninsula Three in Business Bay represents the pinnacle of urban living in Dubai. This impressive 49-storey residential complex, developed by the renowned Select Group, offers a distinguished combination of luxury, comfort and strategic location. The project is distinguished by its architectural elegance and careful integration into the cityscape of Business Bay, one of Dubai’s most dynamic districts. The apartments range from compact studios to more spacious two-bedroom units, all fitted with high-quality materials and modern amenities. What truly makes Peninsula Three special are the breathtaking vistas of the iconic Burj Khalifa, the vibrant Downtown Dubai and the scenic Dubai Canal. Completion is scheduled for the first quarter of 2025, making the project particularly interesting for investors seeking forward-thinking real estate opportunities. The developer has paid special attention to sustainability, including electric vehicle charging points and energy-efficient systems. The whole forms a harmonious blend of urban dynamism and tranquil waterfront living.
Home types and layouts at Peninsula Three Business Bay (Dubai)
Peninsula Three offers a diverse range of residential units that perfectly suit different lifestyles and needs. The apartments vary in size from 38.09 m2 to 98.57 m2, with future residents able to choose from studios, and one and two-bedroom apartments. All units feature large window sections that not only allow abundant natural light but also provide spectacular views of the surroundings. The interiors are designed with an eye for detail and quality, evident in the kitchens with quartz worktops and the bathrooms finished with porcelain tiles. The smart layout of the spaces ensures optimal use of every square metre, without compromising on comfort or functionality. For those seeking extra space, the two-bedroom apartments offer sufficient flexibility for families or professionals who desire a home office. The choice of various floor plans ensures that every buyer can find a unit that precisely fits their specific living desires and lifestyle.
About the developer Select Group and the Peninsula Three design
The 49-storey Peninsula Three is an architectural masterpiece being developed by Select Group, one of the leading real estate developers in Dubai. This renowned company is known for its attention to quality, innovation and sustainability, which is clearly reflected in this project. The tower is designed as a vertical community where residents can enjoy numerous shared amenities. In terms of recreation, the complex offers a fully equipped fitness centre, a lap pool for serious swimmers, a recreational pool for relaxation and specific zones for yoga and other movement activities. For families with children, there are special play areas and a children’s pool. The developer has paid particular attention to the common areas, which are designed as meeting places where residents can get to know each other. The combination of high-quality materials, energy-efficient solutions and carefully designed living spaces makes Peninsula Three a future-proof investment in one of Dubai’s most sought-after districts.
Prime location in Business Bay (Dubai) near key Dubai destinations
The strategic location of Peninsula Three in Business Bay places residents in the heart of Dubai’s most dynamic district, with excellent connections to all major destinations in the city. The world-famous Burj Khalifa and the adjoining Dubai Mall are just a nine-minute drive away, while Dubai International Airport is reachable in approximately fourteen minutes. For nature lovers, the Ras Al Khor Wildlife Sanctuary is just six minutes away, a unique natural area in the middle of the city. The neighbourhood offers a perfect balance between business opportunities and recreational facilities, with numerous restaurants, cafés and shops within easy reach. The nearby Dubai Canal adds a waterfront dimension to the living experience, with walking and cycling paths along the water. The location is ideal for those working in Dubai’s financial heart, but the area also offers everything needed for a comfortable city life for families and young professionals. Accessibility to major traffic arteries provides simple connections to other parts of the city, including Dubai Marina and Palm Jumeirah.
Flexible payment plan for Peninsula Three homes
The payment plan for Peninsula Three is specially designed to offer investors and future residents maximum flexibility. Only 50% of the purchase price is due during the construction phase, while the remaining 50% is only due upon final completion in the first quarter of 2025. These favourable payment terms make the project particularly accessible for both private buyers and investors. The starting price of AED 766,750 for a studio apartment represents an excellent value proposition in this sought-after neighbourhood. Our property advisors in Dubai offer full support with the purchasing process and all administrative formalities. The payment plan is transparently structured and divided across logical milestones in the construction process, providing additional assurance to buyers. We recommend potential investors contact us for a detailed explanation of the payment terms.
Location Details


Payment Plan For Peninsula Three
20%
Down Payment
≈ € 36,804
AED 153,350
30%
During construction (in installments)
≈ € 55,206
AED 230,025
50%
After Handover
≈ € 92,010
AED 383,375
Contact us for more information about the payment plans
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