AED 1,230,000

Business Bay sits at the heart of Dubai’s most connected corridor, where the Dubai Canal meets a skyline of glass and commerce. Peninsula Three is a contemporary residential tower within the Peninsula master community by Select Group, offering refined canal-front living within walking distance of Downtown Dubai. This studio is a practical, well-appointed unit suited to working professionals, first-time buyers, or investors seeking a ready asset in one of the city’s most active rental markets.

The unit is fully furnished, vacant, and available for immediate occupation or leasing. A canal and pool view from a middle floor adds genuine day-to-day visual appeal without a premium-floor price point.

Unit Features:

– Studio apartment
– 408 ft² / 38 m²
– Fully furnished
– Vacant, ready to move in
– Middle floor
– Canal and pool view
– Covered parking included

Complex Amenities:

– Swimming pool
– Fully equipped gymnasium
– Landscaped podium deck
– Retail and dining at ground level
– Dedicated residents’ lobby
– 24-hour security and concierge

Architecture & Concept:

Peninsula Three forms part of a four-tower canal-front cluster designed around activated waterfront promenades and podium amenities. The architecture prioritises clean lines, floor-to-ceiling glazing, and a direct relationship with the Dubai Canal. Common areas reflect a restrained, contemporary finish standard consistent across the Peninsula development.

About the Developer:

Select Group is a Dubai-based developer with a proven track record of delivering high-quality residential and mixed-use projects across the UAE and internationally.

Location & Benefits:

– Business Bay, central Dubai
– Approximately 5 minutes to Downtown Dubai and Burj Khalifa
– Walking distance to the Dubai Canal waterfront promenade
– Close to Business Bay Metro Station
– Easy access to Sheikh Zayed Road and Al Khail Road
– Strong surrounding retail, dining, and corporate occupier base

Investment Appeal:

– Business Bay consistently records among Dubai’s highest rental transaction volumes
– Studio units in Peninsula attract strong tenant demand from young professionals and corporate relocatees
– Canal-view positioning supports above-average rental premiums for the studio segment
– Furnished and vacant status enables immediate rental income from day of transfer
– Comparable furnished studios in the submarket reflect steady capital value growth
– Liquid asset class with a deep secondary-market buyer pool

Frequently Asked Questions:

Q: Is the unit available for immediate handover?
A: Yes, the studio is vacant and can be transferred and occupied or leased straight away.

Q: Does the unit come with a parking space?
A: Yes, one covered parking bay is included with the unit.

Q: Is Business Bay a freehold area?
A: Yes, Business Bay is a designated freehold zone, open to all nationalities for purchase and ownership.

Use the enquiry form on this page to request full details, arrange a viewing, or discuss next steps with our team.