Peninsula Three — project image
✓ 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
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 81,985 / year
Cash-on-Cash
2.2%
Levered cashflow AED 19,285
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 874,000 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Select Group.

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Payment Structure

Developer payment plan available

Published payment summary

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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

Peninsula Three location map
Project location

Nearby Destinations

Business Bay

Developer and Project Facts

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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Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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