About Peninsula Three
Peninsula Three is a residential tower by Select Global Development, in Business Bay, Dubai. It rises 50 storeys (1 basement level, a ground floor, 3 podium levels, 46 floors and a roof), built as a concrete structure with internal and external finishes. The project comprises 853 homes.
Key information
Developer
Select Global Development
- Handover
- Q2 2025
- Status
- Handed over
- Location
- Business Bay, Dubai
- Master project
- Business Bay
- Construction started
- 2022
- Number of buildings
- 1
- Number of units
- 853
- Registered with DLD
- 09 Mar 2022
- Escrow bank
- Dubai Islamic Bank
- Escrow account no.
- 001582265514201
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2022
- Handed overQ2 2025
Construction progress
59 inspection photos from the Dubai Land Department. Latest 27 Nov 2025 at 100% complete.
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Amenities
Physical features recorded on the Dubai Land Department buildings register.
2 Swimming Pools
Covered Parking
9 Elevators
51 Floors
Retail & Shops
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
1,264
Median price
AED 1.4M
Median price / sqft
AED 2K+25%
Off-plan share
90%
Priced 32% above than the Business Bay median of AED 2K/sqft.
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| Studio | 356 | 416 sqft | AED 1.0M | AED 2K |
| 1 Bed | 711 | 686 sqft | AED 1.5M | AED 2K |
| 2 Bed | 197 | 972 sqft | AED 2.2M | AED 2K |
Price per sqft by year
+25% since 2022AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 09 Sept 2026 | Resale | 446 sqft | AED 1.1M | AED 2K |
| 08 Sept 2026 | Resale | 684 sqft | AED 1.7M | AED 3K |
| 31 Aug 2026 | Resale | 672 sqft | AED 1.8M | AED 3K |
| 27 Aug 2026 | Resale | 676 sqft | AED 2.0M | AED 3K |
| 27 Aug 2026 | Resale | 828 sqft | AED 2.0M | AED 2K |
| 26 Aug 2026 | Resale | 676 sqft | AED 1.7M | AED 3K |
| 26 Aug 2026 | Resale | 923 sqft | AED 2.5M | AED 3K |
| 21 Aug 2026 | Resale | 660 sqft | AED 1.7M | AED 3K |
Unit mix
859 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| Commercial | 6 | - |
| Studio | 224 | 410 - 446 sqft |
| 1 B/R | 491 | 638 - 828 sqft |
| 2 B/R | 138 | 923 - 1,081 sqft |
Payment plan
Payment plans are set by Select Global and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.
Request the payment planLocation
Approximate location in Business Bay, Dubai.
Business Bay
Dubai, United Arab Emirates
Frequently asked questions
Peninsula Three has already been handed over (Q2 2025), according to Dubai Land Department records.
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