Reemah Elite Real Estate
AI Advisor
Projects·Dubai·Business Bay
Peninsula Three, apartments in Business Bay, Dubai, by Select Group
Off-PlanApartments

Peninsula Three

Business Bay · Dubai · by Select Group
Details are indicative, confirm with our desk before transacting
Price from
AED 920K
entry price
Bedrooms
Studio-2BR
Apartments
Handover
Q2 2025
Off-Plan
Est. gross yield
On ask

Peninsula Three is an apartment development by Select Group in Business Bay, Dubai. The project offers Studio to 2BR homes. Unit sizes run from 413 to 413 sqft. Launch pricing starts at AED 919,500. The published payment plan is 50/50: 5 percent on booking, 45 percent during construction, 50 percent on handover. Handover is scheduled for Q2 2025. Amenities include gym or health club, swimming pool, kids play area. Dubai is freehold for all nationalities, with no annual property tax, and a purchase at AED 2 million or above supports a ten year Golden Visa.

Why it makes the list
  • Launch price from AED 919,500
  • 50/50 payment plan
  • Handover Q2 2025
  • Studio-2BR homes
Payment structure
50/50
Modelled on entry price AED 920K
Booking / down payment5% · AED 45,975
During construction45% · AED 413,775
On handover50% · AED 459,750

Payment plan as published on the developer's project listing, captured 2026-09-16. Confirmed with our desk before reservation. Figures shown against the entry price. Confirm the live schedule with our desk. Indicative, not financial advice.

Cost to entry
What it takes to secure a unit at Peninsula Three: the down payment plus government and trustee costs, before the mortgage question.
Down payment5%
AED 45,975
DLD fee4%
AED 36,780
Trustee + adminfixed
≈ AED 4,500
All-in entry estimate
AED 87,255
Down payment 5% + DLD 4% + trustee. Indicative, not financial advice.
Location
Business Bay · Dubai
Open in Google Maps →
SG
Developer
Select Group
Tier 2 developer · Thousands of homes delivered, concentrated in Dubai Marina and Business Bay · since 2002
Track record →
Data provenance

Details for Peninsula Three are compiled from the developer’s published project listing, captured 16 September 2026. Figures are indicative and are reconfirmed against Select Group’s current inventory before any reservation. Spotted something out of date? Tell us and we will check it against the source.

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