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Peninsula Three - Image 1
Business Bay, Dubai·Select Group

Peninsula Three

AED 1.10MPublished estimate: 6.5
0-2
Bedrooms
N/A
Bathrooms
400+
Sqft
Completed (ready property)
Handover
Explore Business Bay
View community info, amenities & nearby attractions
→

About This Project

Peninsula Three by Select Group in Business Bay, Dubai offers Studio–2 residences. The recorded starting price is AED 1,100,000, with handover status recorded as Completed (ready property). The recorded buyer payment structure is 5% booking, 45% during construction, 50% on completion. Select Group or Property Finder currently marks the development as sold out, so any resale or renewed inventory must be reconfirmed. For investment screening, 6.50% is used as a gross area or comparable-segment rental-yield benchmark, not a guaranteed project return. Expected ROI uses the same rental-income proxy and excludes capital appreciation. Service charges, vacancy, management, furnishing, financing and transaction costs can reduce net returns.

Related Keywords

Peninsula ThreeSelect GroupBusiness BayDubaiDubai property

Key Features

Theme
Apartment
Unique
Business Bay, Dubai
Price
AED 1.1M

Property Documents

Request available documents for this property

Investment Potential

6.5
Published ROI Estimate

Verify assumptions independently

6.5
Published Rental Yield

Gross/net basis may vary

Property Price: AED 1.10M

Published estimates are not guaranteed returns. Verify current rents, costs, vacancy and market evidence independently.

Residency eligibility is subject to current government criteria and approval

Payment Plan

5% booking, 45% during construction, 50% on completion
5%Booking
45%During
50%On
Booking
AED 0.06M(5%)
During Construction
AED 0.49M(45%)
On Handover
AED 0.55M(50%)

Understanding Payment Plans

Dubai off-plan properties typically follow a post-handover payment structure. The percentages shown represent when payments are due during the construction and handover process.

Booking / Down Payment:Paid when signing the Sales Purchase Agreement (SPA)
During Construction:Paid in installments linked to construction milestones
On Handover:Final payment when you receive the property keys

Note: DLD registration fee (4% + AED 4,000) and Oqood fee (AED 5,000 for off-plan) apply additionally.

Project Status

Planning
Project design & approvals
Construction
Building in progress
Handover
Ready for move-in
Expected Handover
Completed (ready property)

Frequently Asked Questions

What residences are available at Peninsula Three?

Peninsula Three offers Studio–2 residences.

What is the recorded payment plan for Peninsula Three?

5% booking, 45% during construction, 50% on completion

What is the handover status for Peninsula Three?

Completed (ready property)

Contact Expert

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Mortgage Calculator

Property Price
AED 1,100,000
Down Payment25% (AED 275,000)
Interest Rate3.7% p.a.
Loan Term25 years
Loan AmountAED 825,000
Monthly PaymentAED 4,219
Total InterestAED 440,700

* Estimate based on 3.7% p.a. rate. Actual rates may vary (3.4-4.2%).

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RERA Registration

RERA registration number not available

Quick Info

StatusOff-Plan
TypeApartment
Payment Plan5% booking, 45% during construction, 50% on completion
HandoverCompleted (ready property)
DeveloperSelect Group
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Check Your Eligibility
Review current property-based residency criteria

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