
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.
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.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| Peninsula Three launch basis | 2,111 | AED 1.90M | Current launch / asking basis |
| Business Bay ready-stock comps | 1,900 | AED 1.71M | Indicative resale benchmark |
| Business Bay premium peer launches | 2,350 | AED 2.12M | New-launch peer set |
| Trophy alternative proxy | 2,950 | AED 2.65M | Higher-end anchor for negotiation context |



















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Astraterra Properties
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Business Bay
Peninsula Three by Select Group
Located in Business Bay
Starting from AED 1,900,000
Unit mix includes 1 BR, 2 BR, Apartments
Expected handover: Nov 2025
Official brochure and PDF marketing materials available
Official render/gallery images available
Ready-to-move units · Direct from owner · Verified by Astraterra
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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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