Off-plan properties
1-r. secondary flat, 635 ft²
in Peninsula Three
516 800 $
814 $/ft²
635 ft²
/ floor
Dubai (United Arab Emirates), Business Bay
Peninsula Three
Delivered
Developer: Select Group
Description
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1-Bedroom Apartment 638 sq.ft (59 m²) in Peninsula Three, Business Bay.
A one-bedroom apartment on a high floor in Peninsula Three is an excellent solution for an investor who values income and liquidity. The property is already leased for per year, providing stable cash flow from day one of ownership. Panoramic canal views, modern finishes, and a location in one of Dubai's most dynamic districts make this apartment highly sought after by both tenants and buyers.
The area of 638 sq.ft (59 m²) is intelligently distributed: bedroom, open-plan kitchen-living room, bathroom, and balcony overlooking the Business Bay waterway. The high floor ensures privacy and eliminates street noise.
Unit Features:
— 1-bedroom apartment;
— Area 638 sq.ft (59 m²);
— Unfurnished;
— High floor, above 25th;
— Panoramic canal view;
— Leased for per year;
— Ready property, available for occupancy.
Complex Amenities:
— Swimming pools for adults and children;
— Modern fitness center;
— Outdoor yoga deck;
— Jogging and walking paths;
— Basketball court;
— Padel tennis and tennis courts;
— Skate park;
— Children's play area and splash pad;
— Green lawns and relaxation zones.
Architecture & Concept:
Peninsula Three is part of Select Group's large-scale residential project in Business Bay, combining modern architecture, thoughtful infrastructure, and convenient location. The complex is oriented toward an active urban lifestyle with emphasis on sports, leisure, and comfort.
About the Developer:
Select Group is a well-known developer with a reputation as a reliable partner, delivering premium and business-class projects in key Dubai districts.
Location & Benefits:
— Business Bay district — Dubai's business and residential hub;
— Direct access to Sheikh Zayed Road and Al Khail Road;
— 5 minutes to Dubai Mall and Burj Khalifa;
— Developed transport infrastructure, proximity to metro;
— High rental demand and stable liquidity.
Investment Appeal:
— Property already generating income — per year;
— Rental yield at 6–7% per annum;
— Business Bay — one of Dubai's transaction volume leaders;
— Limited supply of ready properties with canal views;
— High liquidity and capital appreciation potential;
— High demand among expats and young professionals.
Additional materials (photos, floor plans, etc.) are provided upon request.
Frequently Asked Questions:
Can I purchase the apartment with the tenant?
— Yes, the property is transferred with an active lease agreement, ensuring income immediately after the transaction.
What is the rental yield?
— At the current rental rate of per year, the yield is approximately 6.8% per annum.
Is the property suitable for mortgage financing?
— Yes, UAE banks provide mortgage financing for ready properties to both residents and non-residents.
Why is this apartment interesting for investors?
— High floor, canal view, existing tenant, and Business Bay location make the property liquid and in-demand on the market.
Interior images are a visualization and may differ from the actual finish of the property.
Contact me to receive additional information, current terms, and floor plans for Peninsula Three.
Characteristics
Property type
Secondary flat
Building type
Monolith frame
Rooms
1
Number of owners
1
Restrooms
1
Area
635 ft²
Ceiling height
2.20 m
Furniture
No
Finishing
Cosmetic repair
Completion date
Delivered
House type
Monolith frame
Window view
Road
Parking
Under ground
Apartments
Yes
Amenities
Passenger elevator, swimming pool
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Property typeSecondary flatBuilding typeMonolith frameRooms1Number of owners1Restrooms1Area635 ft²Ceiling height2.20 mFurnitureNoFinishingCosmetic repairCompletion dateDeliveredHouse typeMonolith frameWindow viewRoadParkingUnder groundApartmentsYesAmenitiesPassenger elevator, swimming pool
Purchase conditions
Installment
No
Encumbrance
No
Assignation
No
Proprietorship
Owner
Location
Developer
Select Group
Address
Dubai (United Arab Emirates), Business Bay
516 800 $
814 $/ft²
635 ft²
Sayf Nazarov
Object broker
Contact
information
information
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