119,999yearly

1 Bedroom
1 Bathroom
639 sqft / 59 sqm
APARTMENT FOR RENT IN PENINSULA THREE, PENINSULA

Canal View / Just Handed Over / Motivated Landlord

Erudite Real Estate is proud to present an exceptional opportunity at Peninsula Three, a prestigious waterfront address by Select Group, perfectly located in the heart of Business Bay—just moments from Downtown Dubai, Burj Khalifa, and Dubai Mall.

Step into refined urban living where contemporary design meets everyday functionality. This elegant residence is thoughtfully crafted to offer comfort, style, and long-term value in one of Dubai’s most dynamic districts.

Property Highlights
• Spacious open-plan layouts with floor-to-ceiling windows
• Modern kitchens featuring premium finishes
• Sleek, contemporary bathrooms
• Private balconies with stunning canal and skyline views
• Smart layouts maximizing natural light
• Built-in wardrobes
• High-quality flooring and fixtures throughout

World-Class Amenities
• Two infinity swimming pools
• State-of-the-art gymnasium
• Landscaped gardens and expansive podium deck
• Tennis & padel courts, skate park, basketball court, and yoga deck
• Co-working spaces
• Children’s play area
• 24/7 security and concierge services
• Covered parking
• Retail outlets, cafés, and lifestyle destinations within the community

Prime Location Advantages
• Direct access to the Dubai Water Canal
• Just 5 minutes from Downtown Dubai
• Easy connectivity to Sheikh Zayed Road & Al Khail Road
• Close proximity to Business Bay Metro Station
• Surrounded by top restaurants, cafés, and business hubs

Live where lifestyle, location, and luxury come together—in one of Dubai’s most sought-after waterfront communities.

Property details

Property Type

Apartment

Property Size

639 sqft / 59 sqm

Bedrooms

1

Bathrooms

1

Available from

19 Feb 2026


Amenities

Unfurnished

Balcony

Built in Wardrobes

Central A/C

Covered Parking

Kitchen Appliances

Pets Allowed

Shared Pool

Security

Shared Spa


Project information

project informationproject informationproject information

Select Group developer Logo

Completed

Peninsula Phase 3 By Select Group

Studio1 and 2 bedrooms

Developed by:

Select Group

Delivery Date:

Q2 2025

Down payment:

5%

Property types:

Apartment


Location

Map preview
Tower illustration Placeholder
Peninsula Three
Residential Insights
No reviews yet

Price Range:

40K-250K AED/year
Business Bay Community
Business Bay
Community Insights
4/5235 building reviews

Apartments and villas | Luxury | Well connected

Price Range:

27K-6.5M AED/year


Price Insights

Transactions for Similar Properties

1 Bed Apartment in Peninsula Three

Sold for

DateAEDArea (sqft)
22 May 2026
1,750,000
659
20 May 2026
1,675,000
656
14 May 2026
1,650,000
645
13 May 2026
1,650,000
656
8 May 2026
2,005,000
827

Rented for

DateAED/yearArea (sqft)
19 May 2026
80,000
656
19 May 2026
150,000
827
15 May 2026
100,000
684
15 May 2026
90,000
645
14 May 2026
87,000
683
See all transactions in this location

Powered byDataGuru

This property costs 1% more than the average price of 1 bedroom in Business Bay

Average Rent is 118,320 AED

This property is 30% smaller than the average size of 1 bedroom in Business Bay

Average size is 918 sqft

The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Business Bay

Provided by

ERUDITE REAL ESTATE developer Logo

Exclusively on Property Finder

See agency properties (196)
Agent Manuchehr Sharipov
SuperAgent

Manuchehr Sharipov

5.0

Response time

within 1 hour

Closed Deals

10

Languages

English, Russian, Persian/Farsi

See agent properties (20)

Regulatory information
Regulatory information

Reference

RR845FR11RQMJX7B7H70MFBCVM

Listed

3 months ago

Broker License

29322

Agency name

ERUDITE REAL ESTATE

Zone name

Business Bay

Agent License

Brokercard

DLD Permit Number

permit number
Agent Manuchehr Sharipov

Manuchehr Sharipov

5.0

usually responds within 1 hour

ERUDITE REAL ESTATE developer Logo

Exclusively on Property Finder