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Peninsula Three, Business Bay

Peninsula Three in Business Bay, Dubai is an off-plan project from AED 1.3M, handover 31 May 2025, by Select Group. Review Studio - 2 Bed across apartments, Pre-handover schedule: 50%, Post-handover schedule: 50%, 23 floor-plan signals, amenities and comparable market evidence before requesting current availability.

Business Bay, Dubai

From price

AED 1.3M

Bedrooms

Studio - 2 Bed

Size range

409 - 1,081 sqft

Handover

31 May 2025

Median PSF

AED 2,848

Advisor support

Get latest availability / payment plan

Confirm current prices, unit availability, incentives and payment terms before shortlisting.

Community Intelligence

Location and Nearby: Business Bay

Community-level evidence for this project location.

Median sale

AED 30.2M

AED 3,717 / sqft

Recent sales

10,189

1,025 in 3m

Rental benchmark

AED 1.0M

AED 136 / sqft

Off-plan supply

137

tracked projects

About Peninsula Three

Peninsula Three is tracked by PropertyStellar as an off-plan opportunity in Business Bay, Dubai by Select Group. This page combines project data, unit-type ranges, and community market evidence so investors can review the opportunity before requesting current availability. The visible unit mix covers Studio - 2 Bed across apartments. Handover is listed for 31 May 2025.

Developer: Select Group
Unit mix: Studio - 2 Bed across apartments
Handover: 31 May 2025

Prices and Unit Types

Compare bedroom mix, size and price ranges. Floor-plan buttons appear only where an image is available.

3 unit typesplans available

Apartments

From AED 1.1M

Studio

Studio Apartments

Area

413 sqft

Price

AED 1.1M-1.5M

1 Bed

1BR Apartments

Area

637 - 828 sqft

Price

AED 1.6M-2.3M

2 Bed

2BR Apartments

Area

923 - 1,081 sqft

Price

AED 2.5M-3.7M

Payment Plan

Milestone% value
Pre-handover schedule
50%
Post-handover schedule
50%

Handover and Construction Status

Confirm handover and construction status before booking because developer release schedules and incentives can change.

Handover

31 May 2025

Launch

TBC

Construction status

Evidence pending

Last refreshed

16 Jun 2026

Dubai Land Department

Official Project Status

Checked against official DLD records using project, developer and location evidence.

Verified

DLD reference

#2372

Official status

Finished

Completion

100.0%

Last inspection

22 Jun 2026

Registered developer

Select Global Development L.L.C

Registration

9 Mar 2022

Escrow: Dubai Islamic Bank (Public Joint Stock Company), 001582265514201

Last inspection: 22 Jun 2026

Community service charge

Business Bay Service-Charge Benchmark

DLD Service Charge Index benchmark from official records available for this community.

Details

Median

AED 19.9/sqft/yr

Average

AED 21/sqft/yr

Range

AED 0.3/sqft/yr - 54/sqft/yr

Records reviewed

79

Service-charge recordYearAED/sqft
Dorchester Collection Dubai - Dorchester Collection Dubai - Business Bay2026AED 54/sqft
Jumeirah Living Business Bay - Business Bay2026AED 40/sqft
Bay Square - 08 - Business Bay2026AED 38/sqft
Bay Square - 09 - Business Bay2026AED 33/sqft

Evidence

Comparable Project Evidence & Trends

Recent project evidence where available, with community benchmark evidence when direct project records are not strong enough yet.

Project-level evidence

Matched sales

768

768 in 12m

Matched median sale

--

-- / sqft

Latest verified sale

TBC

Project-level evidence

Community sales

10,189

1,025 in 3m

Community rent

AED 1.0M

AED 136 / sqft

Period trend series is not available for this community snapshot yet.

Recent Sales

DateBedsTypeSale
25 Jun 20261 BedapartmentAED 1.4M
22 Jun 20261 BedapartmentAED 2.0M
22 Jun 20261 BedapartmentAED 1.9M
19 Jun 20261 BedapartmentAED 2.1M
16 Jun 20262 BedapartmentAED 2.7M

Recent Rentals

DateBedsTypeRent
22 Jun 20262 BedapartmentAED 170K
19 Jun 20261 BedapartmentAED 100K
18 Jun 20261 BedapartmentAED 110K
17 Jun 20261 BedapartmentAED 95K
16 Jun 20261 BedapartmentAED 80K

Comparable Projects

Comparable projectFromEvidence

Canal Heights

DAMAC Properties

AED 1.3MDirect project evidence

Safa Two by De Grisogono

DAMAC Properties

AED 1.3MDirect project evidence

DG1 Living

Dar Al Arkan

AED 1.3MDirect project evidence

Peninsula Two

Select Group

AED 1.3MDirect project evidence

Binghatti Skyrise Tower C

Binghatti Developers

AED 1.2MDirect project evidence

Lifestyle & Amenities

Gym or Health Club
Swimming Pool
Kids Play Area
Data detailscollapsed

Developer

Select Group

Project reference

15233

DLD reference

2372

DLD status

Finished

Service charge

AED 19.9/sqft/yr

Launch

TBC

Handover

31 May 2025

Last refreshed

16 Jun 2026

Transaction scope

Direct project evidence

Internal links

Similar Off-Plan Projects

Frequently asked questions

Off-Plan Project FAQ

What is the starting price of Peninsula Three?

Peninsula Three starts from AED 1.3M based on the currently available off-plan records.

When is the handover date for Peninsula Three?

Peninsula Three handover is listed for 31 May 2025.

Who is the developer of Peninsula Three?

Peninsula Three is listed by Select Group.

What unit types are available at Peninsula Three?

Peninsula Three currently shows Studio - 2 Bed across apartments.

What payment plan is offered for Peninsula Three?

Pre-handover schedule: 50%, Post-handover schedule: 50%

What amenities does Peninsula Three offer?

Peninsula Three amenities include Gym or Health Club, Swimming Pool, Kids Play Area.

Is Peninsula Three a good investment?

Review the price and payment plan against market evidence: median project PSF is AED 2,848, 768 verified sales rows, 10,189 community sales in 12 months, community rent benchmark AED 1.0M.

Where is Peninsula Three located?

Peninsula Three is located in Business Bay, Dubai. Compare it with other off-plan projects in Business Bay and the community intelligence page before shortlisting.

Are floor plans available for Peninsula Three?

Peninsula Three currently has 23 floor-plan signals in the available records.

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