Peninsula Three
✓ Resale Available

Peninsula Three

From AED 1.90M·Completed Nov 2025·Developer payment plan available Payment
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AED 1.90M
Starting Price
Nov 2025
Handover
Developer payment plan available
Payment Plan
1 BR · 2 BR
Type

Project Overview

Peninsula Three is a skyscraper from Select Group in the Business Bay area, Dubai. The residential tower is a project of the architectural bureau Killa Design. The project is located in the Peninsula art district of the same name and includes an basement level, a ground floor, 3 podium levels and 45 residential floors. The Peninsula Three complex offers unique apartments with 1-2 bedrooms and studios that will satisfy even the most demanding buyers. The apartments have balconies. Expensive materials were used in the decoration, kitchens are equipped with necessary household appliances, and built-in furniture is provided in the bedrooms. The service for the owners and residents of the apartments includes a coworking space, a spacious and fully equipped gym, adult and children's pools, playgrounds for sports, yoga and meditation, as well as an open lobby for relaxation. The restaurants at Peninsula Three are located right on site. Supermarkets are also open for the convenience of residents. Peninsula Three has an advantageous geographical location next to the highways Ras Al Khor Road and Al Khail Road. This allows you to get to any point on your own transport. It is 7 minutes to The Dubai Mall, 12 minutes to DIFC, and 16 minutes to Dubai International Airport.

Project Specifications
DeveloperSelect Group
LocationBusiness Bay
Unit Types1 BR, 2 BR, Apartments
AreaBusiness Bay
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 81,985 / year
Cash-on-Cash
1.8%
Levered cashflow AED 19,285
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 123,500 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Peninsula Three launch basis2,111AED 1.90MCurrent launch / asking basis
Business Bay ready-stock comps1,900AED 1.71MIndicative resale benchmark
Business Bay premium peer launches2,350AED 2.12MNew-launch peer set
Trophy alternative proxy2,950AED 2.65MHigher-end anchor for negotiation context

Gallery

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Peninsula Three official render 1

Peninsula Three official render 1

Peninsula Three official render 2

Peninsula Three official render 2

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Peninsula Three official render 3

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Peninsula Three official render 4

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Peninsula Three official render 5

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Peninsula Three official render 7

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Peninsula Three official render 8

Peninsula Three official render 9

Peninsula Three official render 9

Peninsula Three official render 10

Peninsula Three official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Select Group.

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Payment Structure

Developer payment plan available

Flexible Payment

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Amenities & Lifestyle

BBQ
Children’s pool
Concierge Service
Covered Parking
Coworking zone
Dining outlets (coffee houses & restaurants)
Kids Play Area
Landscaped garden
Leisure areas
Lift
Lobby
Retail outlets
Security and CCTV
Shared Pool
Shared gym & fitness
Sports ground
Walking paths
Yoga studio

Location

Business Bay

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Business BayBusiness BayDubai, UAE

Developer Track Record

01

Peninsula Three by Select Group

02

Located in Business Bay

03

Starting from AED 1,900,000

04

Unit mix includes 1 BR, 2 BR, Apartments

05

Expected handover: Nov 2025

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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