![image of Derby Heights by Amis properties, Dubai, Meydan — [1]](https://new-projects-media.propertyfinder.com/project/cfa8045f-e6f4-4b70-ba27-b9d5e34fe898/gallery/image/twYOsU8iqMyfmn_CKzA94_eZ8ZC_Zj4FxgOSqklbvFM=/medium.webp "Derby Heights")
From: 1.2M AED
Dubai, Meydan
Sold out
Ready
Peninsula Phase 3 By Select Group
Starting from 1.2M AED*
*This is the current lowest price available for this project. Prices are subject to change based on market conditions and availability.
Developer
Select GroupKey information
- Delivery date
June 2025
- Sale starts
June 1, 2022
- Location
- Payment plan
- Number of buildings
- Property types
Apartment
- Government fee
4%
- Ownership type
Freehold
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Payment plan
5%
Down payment
At sales launch
45%
During construction
50%
On handover
Project timeline
Project announcement
Booking Started
Construction Started
Construction progress: 100%
Latest update: November 27, 2025
Expected Completion
Units
from developer
apartment
| Layout type | Size (sqft) | No. of Bathrooms | Floor plan |
|---|---|---|---|
| Type TO Unit 204 | 452 | 1 | |
| Type TC Unit 03 Floors 3-14 & 17-35 | 408 | 1 | |
| Type TG Unit 07 Floors 4-6, 8-11,13-14, 18-21, 23-26, 28-31 & 33-35 | 417 | 1 | |
| Type TJ Unit 12 Floors 3, 7, 12, 17, 22, 27 & 32 | 409 | 1 | |
| Type TM Unit 202 | 339 | 1 | |
| Type TN Unit 203 | 401 | 1 |
Out of stock
| Layout type | Size (sqft) | No. of Bathrooms | Floor plan |
|---|---|---|---|
| Type TA Unit 01 Floors 3, 7, 12, 17, 22, 27 & 32 | 688 | 1 | |
| Type TD Unit 04 Floors 3-14 & 17-35 | 632 | 1 | |
| Type TF Unit 06 Floors 4-6, 8-11,13-14, 18-21, 23-26, 28-31 & 33-35 | 663 | 1 | |
| Type TI Unit 11 Floors 4-6, 8-11,13-14, 18-21, 23-26, 28-31 & 33-35 | 620 | 1 | |
| Type TK Unit 14 Floors 4-6, 8-11,13-14, 18-21, 23-26, 28-31 & 33-35 | 576 | 1 | |
| Type TL Unit 201 | 633 | 1 | |
| Type TP Unit 205 | 613 | 1 |
Out of stock
| Layout type | Size (sqft) | No. of Bathrooms | Floor plan |
|---|---|---|---|
| Type TB Unit 02 Floors 4-6, 8-11,13-14, 18-21, 23-26, 28-31 & 33-35 | 905 | 2 | |
| Type TE Unit 05 Floors 4-6, 8-11,13-14, 18-21, 23-26, 28-31 & 33-35 | 949 | 2 | |
| Type TH Unit 09 Floors 4-6, 8-11,13-14, 18-21, 23-26, 28-31 & 33-35 | 912 | 2 |
Out of stock
available in this project.
About the project
The architecture, interior design, craftsmanship, and community of Peninsula Three are all masterfully crafted. The well-known Select Group's project creates a lively and friendly waterfront lifestyle environment. The panoramic views of the Arabian Gulf, Dubai Canal, Downtown skyline, and the famous Burj Khalifa are a luxury enjoyed by the residents.
Location
Peninsula Three is a crucial component of Dubai's most sought-after residential neighborhood and is located within the art district. It is in a unique position to satisfy a broad range of tastes by fusing the edge of contemporary designs with an upscale waterfront lifestyle.
Features and Amenities
The 49-story waterfront skyscraper exemplifies sophisticated urban living and the quest of flawless harmony between luxury and leisure. One of the most renowned and significant architectural teams in the UAE put a great deal of effort into researching and detailing the modern apartments and first-rate community amenities that it offers.
Housing Options
Peninsula Three offers a vibrant collection of fresh, world-class studios, one-bedroom and two-bedroom units. Every apartment in Business Bay is a contemporary architectural statement that showcases the best level of craftsmanship and raises the bar for luxurious urban living.
Unit Types
- Studios from 339 to 452 sqft
- 1 Bedroom Apartments from 576 to 688 sqft
- 2 Bedroom Apartments from 905 to 949 sqft
Project Status
The Peninsula Three project is currently under construction with an expected delivery date in Q2-2025.
Community and Lifestyle
Peninsula Three residents enjoy living in a neighborhood that emphasizes contemporary elegance and a superior standard of living. The neighborhood offers people a distinctive way of life by fusing the arts, culture, and environment. Living in a freshly created community gives you access to modern amenities and services, and the area offers a wide range of entertainment possibilities.
Peninsula Three is evidence of Select Group's love of real estate and dedication to creating distinctive, opulent homes. This project is poised to revolutionize urban life in the United Arab Emirates thanks to its ideal location, unique features, and assortment of housing alternatives.
Peninsula Phase 3 By Select Group masterplan
![image of Peninsula Phase 3 By Select Group by Select Group, Dubai, Business Bay, Peninsula, Peninsula Three — [1]](https://new-projects-media.propertyfinder.com/project/044fd24a-96a7-4ef8-9aaa-802c10daf0fd/master_plan/image/ZWHOxcoGmo4OICknHG2kqeK1q3HZ_Fk7r6J91k70onw=/original.webp "image of Peninsula Phase 3 By Select Group by Select Group, Dubai, Business Bay, Peninsula, Peninsula Three — [1]")
Peninsula Phase 3 by Select Group is a 49-story waterfront tower located in Business Bay, offering a blend of luxury and modern urban living. The development features studios, 1-bedroom, and 2-bedroom apartments with panoramic views of the Arabian Gulf, Dubai Canal, and Burj Khalifa. Designed to offer a sophisticated yet relaxed lifestyle, it combines sleek architecture with first-class amenities, including tennis courts, skate parks, and a range of fitness options. Residents enjoy the vibrancy of an arts-focused neighborhood and access to a curated lifestyle within a growing community.
Key Features
Amenities
- Leisure lawn areas
- Basketball and tennis courts
- Skate park & kids' play area
- Food & beverage pavilions
- Running/walking track
Location & Nearby Attractions
- 6 Minutes to Ras Al Khor Wildlife Sanctuary
- 9 Minutes to The Dubai Mall
- 10 Minutes to Burj Khalifa
- 14 Minutes to Dubai International Airport
Location
Amenities
- • Jacuzzi & Steam
- • Fully Furnished
- • Children Nursery
- • Private Garden
- • Private Jacuzzi
- • Shared Pool
- • Shared Spa
- • Security
- • Concierge
- • Maid Service
Sold history for Peninsula Three
| Type | AED | Area (sqft) | Date sold |
|---|---|---|---|
| 1 bed apartment | 1,715,000 | 685 | 24 Mar 2026 |
| Studio apartment | 1,200,000 | 429 | 11 Mar 2026 |
| 2 bed apartment | 2,844,000 | 926 | 24 Feb 2026 |
We make no warranties or representations about the estimated rent, and is provided for general information purposes only. Although we make reasonable efforts to provide an estimation based on several relevant factors, including average rental prices in the community (without crossing the maximum documented rent of similar properties, where available), please note that the estimated value is subject to market conditions, property location and details, and other factors beyond our control. You should consult a licensed property broker to fully understand all factors which affect property values and rental yields.
Estimated rent you could get
This rental estimate is calculated based on the current ROI of Business Bay. The estimated rental price represents the ROI percentage of the average sale price.| Type | Rental Yield | Estimated rent (AED/year) |
|---|---|---|
| 1 bed apartment | 7 % | 91,769 |
| 2 bed apartment | 7 % | 131,271 |
| 3 bed apartment | 6 % | 174,142 |
We make no warranties or representations about the estimated rent, and is provided for general information purposes only. Although we make reasonable efforts to provide an estimation based on several relevant factors, including average rental prices in the community (without crossing the maximum documented rent of similar properties, where available), please note that the estimated value is subject to market conditions, property location and details, and other factors beyond our control. You should consult a licensed property broker to fully understand all factors which affect property values and rental yields.
Developer properties are out of stock.