Peninsula Three Property Development By Select Group
Last Updated on: 11th November 2024, 03:05 pm
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Discover the allure of urban living at the Peninsula Three Property Development By Select Group, an exceptional addition to Dubai’s luxurious real estate landscape. Nestled in the heart of Business Bay, this stunning development presents a striking modern architectural design that beautifully complements the vibrant waterfront lifestyle. With a focus on elegance, the Peninsula Three offers a diverse selection of units, making it a prime choice for both investors and homeowners seeking exclusive residential projects in the area. The project is notable for its commitment to high-end quality and innovation, showcasing Select Group’s reputation in offering some of the finest luxury real estate properties in Dubai. For more information, visit this link1.
Key Takeaways
- Peninsula Three showcases modern architectural elegance in a prime location.
- Diverse unit options include studios, 1-bedroom, and 2-bedroom apartments.
- Exceptional amenities for a luxury living experience include pools, gyms, and recreational areas.
- Strategically located near key landmarks, making accessibility a breeze.
- Perfect for investors seeking promising returns within Dubai’s real estate market.
An Overview of Peninsula Three
Peninsula Three stands as a remarkable residential skyscraper in Business Bay, set to redefine modern architectural designs within Dubai’s skyline. This 49-storey tower, under development by Select Group, will complete construction by 2025, offering residents an unparalleled urban lifestyle coupled with stunning views of iconic landmarks2. Its design reflects a seamless integration of luxury and functionality, creating a vibrant community atmosphere ideal for waterfront homes.
Modern Architectural Statement
The architectural brilliance of Peninsula Three is crafted by Killa Design, an award-winning firm renowned for their innovative approach to urban living2. The building features expansive glass façades that not only enhance the visual appeal but also flood the interiors with natural light. Residents will have access to a dedicated viewing deck on the 50th floor, providing a panoramic vantage point over the city and the picturesque Dubai Canal2. With 849 residential units that include studios, one-bedroom, and two-bedroom apartments, Peninsula Three aims to elevate the standard for high-end property investments in the region3.
Unit Variations
Peninsula Three offers a diverse range of units, catering to various lifestyle needs. The available room types include:
Room Type | Size Range (Sq. ft) | Price Range (AED) |
---|---|---|
Studio | 413 – 423 | 961K |
1 Bedroom | 674 – 822 | 1.17M – 1.95M |
2 Bedrooms | 930 – 1061 | 1.95M – 2.30M |
Aside from exceptional living spaces, residents can enjoy various amenities like a fully equipped gym, swimming pools, and landscaped gardens, merging comfort with convenience2. With an attractive return on investment of 6.4%, Peninsula Three presents a compelling opportunity for buyers seeking to invest in luxury residential units in a community-focused mountain of opportunities3.
Features and Amenities of Peninsula Three
Peninsula Three stands out as a remarkable residential development that prioritizes both luxury living experiences and active lifestyle facilities. This top property development company has integrated state-of-the-art amenities designed to enhance the everyday experiences of its residents.
Active Lifestyle Facilities
Maintaining a healthy and active lifestyle is easy with the extensive range of recreational facilities available at Peninsula Three. Residents can benefit from features such as:
- Fully equipped gym
- Running tracks
- Yoga decks
- Lap pool and leisure pool
- Tennis and padel courts
- Skatepark
- 3-on-3 basketball court
- Children’s play areas
The availability of these active lifestyle facilities creates a vibrant community atmosphere, making this property highly appealing to those seeking a dynamic living experience4. The multiple options for recreation encourage families and individuals alike to engage with their surroundings and maintain their health while enjoying an active lifestyle.
Luxury Living Experiences
Living at Peninsula Three means indulging in luxury on multiple levels. Residents enjoy breathtaking views of iconic landmarks like the Burj Khalifa and Dubai Canal from their apartments, offering a spectacular backdrop for daily life5. With a total of 49 stories, the development houses over 800 apartments ranging from studios to spacious two-bedroom units, catering to diverse preferences within the real estate market4 and5. The luxurious features extend beyond stunning views to include four levels of parking, eight high-speed elevators, and an overall design that emphasizes modern elegance.
In addition to the impressive amenities and architecture, the strategically located property ensures easy access to Downtown Dubai, Dubai Marina, and the Palm Jumeirah — all sought-after destinations that enhance the luxury living experiences residents will enjoy4.
Prime Location and Connectivity
Peninsula Three stands out for its remarkable setting in the heart of Business Bay, a thriving neighborhood that enhances urban living with a cosmopolitan atmosphere. Residents benefit from superior connectivity to notable destinations while enjoying access to a rich array of dining, shopping, and recreational spaces.
Business Bay Neighborhood
Living in Business Bay means being surrounded by a vibrant community equipped with various amenities and activities. This prime location situates Peninsula Three within a mere 2 km from major attractions such as the Dubai Mall and Burj Khalifa, making it easy for residents to immerse themselves in Dubai’s key landmarks and dynamic lifestyle options. The area is designed to cater to both leisure and business pursuits, fostering a community that thrives on convenience and engagement.
Accessibility to Key Landmarks
Ideal for those who prioritize accessibility, Peninsula Three has well-established transportation links, facilitating efficient travel throughout Dubai. Whether reaching the Business Bay Metro Station, only 2 km away, or venturing to the Dubai International Airport, which is 15 km from the property, commuting becomes effortless. Residents can expect just a short drive to other significant sites, including the Dubai Opera and Dubai Design District, enhancing the appeal of this prime location67.
Conclusion
Peninsula Three by Select Group is not just another property; it represents one of the leading luxury waterfront developments in Dubai, promising an unmatched lifestyle in the dynamic Business Bay area. The *exclusive residential projects* offered include a variety of apartment sizes, catering to diverse needs, all while maintaining the unique charm and modern elegance that residents seek8.
This 49-story skyscraper, anticipated to be completed by Q2 2025, combines sophisticated living with state-of-the-art amenities, ensuring that residents enjoy a truly luxurious life8. The strategic location of Peninsula Three plays a pivotal role in enhancing its appeal, placing residents amidst the city’s finest offerings, making it an attractive choice for discerning buyers looking for a premium lifestyle.
Overall, Select Group is poised to continue its legacy as a leading *luxury home builder*, with Peninsula Three serving as a hallmark of luxury and leisure living in the UAE. As such, it is a compelling investment for those seeking a slice of opulence in one of the world’s most coveted neighborhoods. For more insights into the complex landscape faced by investors and residents alike, potential buyers can refer to detailed analyses available in various studies like this one here9.
FAQ
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Source Links
- https://www.tanamiproperties.com/Projects/Peninsula-Three
- https://meconstructionnews.com/51667/select-group-launches-peninsula-three-in-dubais-business-bay-district
- https://www.zeuscapital.ae/projects/united-arab-emirates/dubai/business-bay/executive-towers/peninsula-three
- https://www.select-group.ae/developments/peninsula-three
- https://www.axcapital.ae/offplan/detail/peninsula-three
- https://www.property-dubai.com/wp-content/uploads/2021/11/Peninsula-Three-Brochure-Select-Group-.pdf
- https://propertymakler.com/UAE/Dubai/projects/Peninsula-Three/
- https://ulo.ae/object/peninsula-three-id-755/property/6010/
- https://www.jiia-jic.jp/en/japanreview/pdf/JapanReview_Vol1_No3_04_DavidSantoro.pdf