Peninsula Three

The entry price of AED 1.87M across 111 tracked units at 63 sqm produces a price per sqm of AED 29,683—consistent with Business Bay's mid-range canal-adjacent tower stock. The uniform unit size positions Peninsula Three toward single investors and buy-to-let buyers rather than end-users seeking larger floor plates. With 44 active rent signals attached to the project, there is documented tenant demand, but buyers must benchmark achievable gross yield against the AED 29,683 per sqm acquisition cost before committing. The 1,165 tracked transactions across Peninsula Three represent meaningful secondary market liquidity—a critical factor when planning an exit within three to five years of handover. Buyers comparing acquisition cost across Business Bay supply should review active off-plan projects and the buying process before signing any reservation agreement.

Peninsula Three carried a Q4 2025 handover target and tracked at 0% ahead of plan, meaning no schedule acceleration was recorded during the monitored period. With that original target date now passed, buyers must confirm current delivery status directly with Select Group 2 or through the Dubai Land Department's Oqood registry before proceeding. A project at or past its stated completion milestone requires site-level verification—not reliance on marketing materials or launch documentation. Buyers assessing delivery risk against ready-stock alternatives should consult the off-plan vs ready framework to weigh remaining handover risk against the pricing differential with completed Business Bay inventory.

Business Bay is Dubai's densest mixed-use canal district, positioned between Downtown Dubai and DIFC with direct canal frontage and Metro access at the Business Bay station. Rental demand for 60–65 sqm units here is driven by DIFC professionals, corporate tenants, and short-term rental operators seeking proximity to the city's primary business infrastructure. Peninsula Three's AED 29,683 per sqm entry aligns with Business Bay's established secondary stock rather than its ultra-premium canal-front tier. Gross yields on sub-70 sqm units in this district typically sit in the 6% to 7% range, subject to fit-out quality and management approach. The canal-adjacent position supports a view premium that strengthens both resale positioning and short-term rental pricing above the Business Bay inland average for comparable unit sizes.

Select Group 2 operates across multiple price tiers in Dubai's residential market. Six Senses Residences Marina represents the developer's branded ultra-luxury offering and sits well above Peninsula Three's price band, but it anchors Select Group's premium delivery capability and demonstrates the range of product the developer manages simultaneously. Buyers allocating in the AED 1.87M to AED 3M range should compare Peninsula Three's 63 sqm Business Bay positioning directly against Artistry Residences and Artistry Residences 2 to determine whether the Business Bay canal corridor premium is warranted relative to alternative Select Group unit types, sizes, and district positioning.

Within Business Bay's current supply set, Aykon City 3 by DAMAC targets a comparable price band and investor profile to Peninsula Three and warrants direct comparison on per-sqm cost, handover timing, and floor plate options. Haus of Tenet provides a boutique alternative for investors who prefer lower unit counts and reduced tenant competition within the same district. Bearau Lamar Commercial Tower addresses a separate commercial use case but is relevant for buyers considering mixed-use Business Bay exposure as part of a broader portfolio. Artistry Residences 2 adds a further Select Group comparison point for buyers who want to stress-test Peninsula Three's pricing and unit structure before committing. Buyers with geographic flexibility should benchmark Peninsula Three's AED 29,683 per sqm against canal and waterfront pricing across Dubai Creek Harbour and Dubai Marina by reviewing the full active projects register before finalising any selection.