ReadyReady building · Select Group
Peninsula Five Tower 3, Business Bay
Highlights
Peninsula Five Tower 3 at a glance
About Peninsula Five Tower 3
Peninsula Five Tower 3 is a mixed-use building in Business Bay, Dubai, developed by Select Group. It holds about 342 units: studios, 1-bedroom apartments, 2-bedroom apartments, 3-bedroom apartments, commercial units. Depending on the unit, windows look out over Community.
The building was completed in 2025 and has been in use for about 1 years. 46 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 2,610 per sq ft.
Peninsula Five Tower 3 is one of 257 buildings in Business Bay: 149 are complete and 61 are still being built.
In a nutshell
- A mixed-use ready building
- Located in Business Bay, Dubai
- Developed by Select Group
- Completed in Q1 2025
- Unit types: Studio, 1 Bed, 2 Beds, 3 Beds, Commercial
- Sizes from 80 to 2,560 sq ft
- Views: Community View
- Features: Children's Play Area, Covered Parking, Shared Pool
- Service charge from AED 13 per sq ft
- Business Bay metro station 1 km away
- Status
- Ready
- Developer
- Select Group
- Location
- Business Bay, Dubai
- Completed
- Q1 2025
- Unit types
- Studio, 1 Bed, 2 Beds, 3 Beds, Commercial
- Prices from
- AED 704.0K
- Median price per sq ft
- AED 2,610
- Median gross yield
- 6.1%
- Service charge
- AED 17.83 per sq ft (2026)
- Nearest metro
- Burj Khalifa Road, 0.8 km
Photos of Peninsula Five Tower 3
Building details
Inside Peninsula Five Tower 3
Facilities in Peninsula Five Tower 3
Peninsula Five Tower 3 lists 3 features and facilities for its residents.
- Children's Play Area
- Covered Parking
- Shared Pool
Properties in Peninsula Five Tower 3
Studios in Peninsula Five Tower 3
There are about 107 of these in Peninsula Five Tower 3, from 510 to 540 sq ft. They have recently sold for a median of AED 1.5M, or AED 2,760 per sq ft. Owners who resold made a median 15% over what they paid.
1-bedroom apartments in Peninsula Five Tower 3
There are about 138 of these in Peninsula Five Tower 3, from 700 to 1,430 sq ft. They have recently sold for a median of AED 2.2M, or AED 2,590 per sq ft.
2-bedroom apartments in Peninsula Five Tower 3
There are about 46 of these in Peninsula Five Tower 3, from 1,160 to 1,850 sq ft. They have recently sold for a median of AED 3.7M, or AED 2,600 per sq ft. Owners who resold made a median 4% over what they paid.
3-bedroom apartments in Peninsula Five Tower 3
There are about 30 of these in Peninsula Five Tower 3, from 1,680 to 1,800 sq ft. They have recently sold for a median of AED 4.8M, or AED 2,810 per sq ft. Owners who resold made a median 9% over what they paid.
Commercial units in Peninsula Five Tower 3
There are about 21 of these in Peninsula Five Tower 3, from 80 to 2,560 sq ft. None has sold recently enough to quote a price.
| Unit type | Units | Size | Median price | Median rent |
|---|---|---|---|---|
| Studio | 107 | 510 sqft47.4 sqmt – 540 sqft50.2 sqmt | AED 1.5M | AED 87.5K |
| 1 Bed | 138 | 700 sqft65 sqmt – 1,430 sqft132.9 sqmt | AED 2.2M | AED 121K |
| 2 Beds | 46 | 1,160 sqft107.8 sqmt – 1,850 sqft171.9 sqmt | AED 3.7M | – |
| 3 Beds | 30 | 1,680 sqft156.1 sqmt – 1,800 sqft167.2 sqmt | AED 4.8M | – |
| Commercial | 21 | 80 sqft7.4 sqmt – 2,560 sqft237.8 sqmt | No recent sales | – |
Sale trends in Peninsula Five Tower 3
Median sale price
AED 2.2M
Median per sq ft
AED 2,610
Median gross yield
6.1%
Price ranges from the most recent registered sales, by unit type:
- 1-bedroom apartments: AED 1.2M to AED 2.3M (698 to 1,354 sq ft), across 10 sales
- 2-bedroom apartments: AED 2.4M to AED 3.6M (1,158 to 1,376 sq ft), across 4 sales
- 3-bedroom apartments: AED 4.7M to AED 5.3M (1,685 to 1,766 sq ft), across 3 sales
- Studios: AED 1.4M to AED 1.5M (530 to 543 sq ft), across 3 sales
Rental trends in Peninsula Five Tower 3
Studio homes in Peninsula Five Tower 3 were let for AED 80.0K to AED 100.0K a year across 6 recent contracts, with a median of AED 87.5K.
Yearly rents from recent registered contracts, by unit type:
- Studios: AED 80.0K to AED 100.0K a year (515 to 529 sq ft), across 6 contracts
- 1-bedroom apartments: AED 115.0K to AED 127.0K a year (698 to 711 sq ft), across 2 contracts
Recent transactions in Peninsula Five Tower 3
| LocationStatus and unit | PricePer sqftPer sqmt | SpecsSize and bedrooms | DateSold by |
|---|---|---|---|
| Peninsula Five Tower 3, Business BayReadyApartment | AED 2,250,000AED 2,682 /sqftAED 28,869 /sqmt | 839 sqft77.9 sqmt1 Bed | Owner |
| Peninsula Five Tower 3, Business BayReadyApartment | AED 3,450,000AED 2,596 /sqftAED 27,943 /sqmt | 1,329 sqft123.5 sqmt2 Beds | Owner |
| Peninsula Five Tower 3, Business BayReadyApartment | AED 4,700,000AED 2,789 /sqftAED 30,021 /sqmt | 1,685 sqft156.5 sqmt3 Beds | Owner |
| Peninsula Five Tower 3, Business BayReadyApartment | AED 1,360,000AED 2,566 /sqftAED 27,620 /sqmt | 530 sqft49.2 sqmtStudio | Owner |
| Peninsula Five Tower 3, Business BayReadyApartment | AED 3,275,000AED 2,421 /sqftAED 26,059 /sqmt | 1,353 sqft125.7 sqmt2 Beds | Owner |
| Peninsula Five Tower 3, Business BayReadyApartment | AED 2,050,000AED 2,512 /sqftAED 27,039 /sqmt | 816 sqft75.8 sqmt1 Bed | Owner |
| Peninsula Five Tower 3, Business BayReadyApartment | AED 2,150,000AED 2,651 /sqftAED 28,535 /sqmt | 811 sqft75.3 sqmt1 Bed | Owner |
| Peninsula Five Tower 3, Business BayReadyApartment | AED 3,550,000AED 2,580 /sqftAED 27,771 /sqmt | 1,376 sqft127.8 sqmt2 Beds | Owner |
| Peninsula Five Tower 3, Business BayReadyApartment | AED 2,325,000AED 2,654 /sqftAED 28,567 /sqmt | 876 sqft81.4 sqmt1 Bed | Owner |
| Peninsula Five Tower 3, Business BayReadyApartment | AED 2,300,000AED 2,623 /sqftAED 28,234 /sqmt | 877 sqft81.5 sqmt1 Bed | Owner |
| Peninsula Five Tower 3, Business BayReadyApartment | AED 1,700,000AED 2,081 /sqftAED 22,400 /sqmt | 817 sqft75.9 sqmt1 Bed | Owner |
| Peninsula Five Tower 3, Business BayReadyApartment | AED 1,425,000AED 2,624 /sqftAED 28,245 /sqmt | 543 sqft50.4 sqmtStudio | Owner |
| Peninsula Five Tower 3, Business BayReadyApartment | AED 1,850,000AED 2,650 /sqftAED 28,524 /sqmt | 698 sqft64.8 sqmt1 Bed | Owner |
| Peninsula Five Tower 3, Business BayReadyApartment | AED 1,240,000AED 1,832 /sqftAED 19,719 /sqmt | 1,354 sqft125.8 sqmt1 Bed | Owner |
| Peninsula Five Tower 3, Business BayReadyApartment | AED 2,435,186AED 2,103 /sqftAED 22,637 /sqmt | 1,158 sqft107.6 sqmt2 Beds | Owner |
| Peninsula Five Tower 3, Business BayReadyApartment | AED 2,150,000AED 2,569 /sqftAED 27,652 /sqmt | 837 sqft77.8 sqmt1 Bed | Owner |
| Peninsula Five Tower 3, Business BayReadyApartment | AED 5,250,000AED 2,973 /sqftAED 32,001 /sqmt | 1,766 sqft164.1 sqmt3 Beds | Owner |
| Peninsula Five Tower 3, Business BayReadyApartment | AED 4,850,000AED 2,823 /sqftAED 30,387 /sqmt | 1,718 sqft159.6 sqmt3 Beds | Owner |
| Peninsula Five Tower 3, Business BayReadyApartment | AED 1,495,000AED 2,763 /sqftAED 29,741 /sqmt | 541 sqft50.3 sqmtStudio | Owner |
| Peninsula Five Tower 3, Business BayReadyApartment | AED 2,150,000AED 2,584 /sqftAED 27,814 /sqmt | 832 sqft77.3 sqmt1 Bed | Owner |
Peninsula Five Tower 3
Business Bay
AED 2.3M
AED 2,682 /sqftAED 28,869 /sqmt
ReadyApartment839 sqft77.9 sqmt1 BedOwner3 Nov 2026Peninsula Five Tower 3
Business Bay
AED 3.5M
AED 2,596 /sqftAED 27,943 /sqmt
ReadyApartment1,329 sqft123.5 sqmt2 BedsOwner3 Nov 2026Peninsula Five Tower 3
Business Bay
AED 4.7M
AED 2,789 /sqftAED 30,021 /sqmt
ReadyApartment1,685 sqft156.5 sqmt3 BedsOwner26 Oct 2026Peninsula Five Tower 3
Business Bay
AED 1.4M
AED 2,566 /sqftAED 27,620 /sqmt
ReadyApartment530 sqft49.2 sqmtStudioOwner23 Oct 2026Peninsula Five Tower 3
Business Bay
AED 3.3M
AED 2,421 /sqftAED 26,059 /sqmt
ReadyApartment1,353 sqft125.7 sqmt2 BedsOwner13 Oct 2026Peninsula Five Tower 3
Business Bay
AED 2.1M
AED 2,512 /sqftAED 27,039 /sqmt
ReadyApartment816 sqft75.8 sqmt1 BedOwner12 Oct 2026Peninsula Five Tower 3
Business Bay
AED 2.2M
AED 2,651 /sqftAED 28,535 /sqmt
ReadyApartment811 sqft75.3 sqmt1 BedOwner25 Sept 2026Peninsula Five Tower 3
Business Bay
AED 3.6M
AED 2,580 /sqftAED 27,771 /sqmt
ReadyApartment1,376 sqft127.8 sqmt2 BedsOwner15 Sept 2026Peninsula Five Tower 3
Business Bay
AED 2.3M
AED 2,654 /sqftAED 28,567 /sqmt
ReadyApartment876 sqft81.4 sqmt1 BedOwner27 Aug 2026Peninsula Five Tower 3
Business Bay
AED 2.3M
AED 2,623 /sqftAED 28,234 /sqmt
ReadyApartment877 sqft81.5 sqmt1 BedOwner24 Jul 2026Peninsula Five Tower 3
Business Bay
AED 1.7M
AED 2,081 /sqftAED 22,400 /sqmt
ReadyApartment817 sqft75.9 sqmt1 BedOwner13 Jul 2026Peninsula Five Tower 3
Business Bay
AED 1.4M
AED 2,624 /sqftAED 28,245 /sqmt
ReadyApartment543 sqft50.4 sqmtStudioOwner9 Jul 2026Peninsula Five Tower 3
Business Bay
AED 1.9M
AED 2,650 /sqftAED 28,524 /sqmt
ReadyApartment698 sqft64.8 sqmt1 BedOwner26 Jun 2026Peninsula Five Tower 3
Business Bay
AED 1.2M
AED 1,832 /sqftAED 19,719 /sqmt
ReadyApartment1,354 sqft125.8 sqmt1 BedOwner18 Jun 2026Peninsula Five Tower 3
Business Bay
AED 2.4M
AED 2,103 /sqftAED 22,637 /sqmt
ReadyApartment1,158 sqft107.6 sqmt2 BedsOwner15 May 2026Peninsula Five Tower 3
Business Bay
AED 2.2M
AED 2,569 /sqftAED 27,652 /sqmt
ReadyApartment837 sqft77.8 sqmt1 BedOwner4 May 2026Peninsula Five Tower 3
Business Bay
AED 5.3M
AED 2,973 /sqftAED 32,001 /sqmt
ReadyApartment1,766 sqft164.1 sqmt3 BedsOwner1 May 2026Peninsula Five Tower 3
Business Bay
AED 4.9M
AED 2,823 /sqftAED 30,387 /sqmt
ReadyApartment1,718 sqft159.6 sqmt3 BedsOwner29 Apr 2026Peninsula Five Tower 3
Business Bay
AED 1.5M
AED 2,763 /sqftAED 29,741 /sqmt
ReadyApartment541 sqft50.3 sqmtStudioOwner25 Mar 2026Peninsula Five Tower 3
Business Bay
AED 2.2M
AED 2,584 /sqftAED 27,814 /sqmt
ReadyApartment832 sqft77.3 sqmt1 BedOwner17 Feb 2026
| LocationContract and unit | Annual rentAED a year | SpecsSize and bedrooms | Contract dateStart – End |
|---|---|---|---|
| Peninsula Five Tower 3, Business BayApartmentRenewal | AED 100,000 | 515 sqft47.8 sqmtStudio | to |
| Peninsula Five Tower 3, Business BayApartmentNew contract | AED 80,000 | 517 sqft48 sqmtStudio | to |
| Peninsula Five Tower 3, Business BayApartmentNew contract | AED 85,000 | 515 sqft47.8 sqmtStudio | to |
| Peninsula Five Tower 3, Business BayApartmentNew contract | AED 85,000 | 529 sqft49.1 sqmtStudio | to |
| Peninsula Five Tower 3, Business BayApartmentNew contract | AED 127,000 | 711 sqft66.1 sqmt1 Bed | to |
| Peninsula Five Tower 3, Business BayApartmentRenewal | AED 90,000 | 529 sqft49.1 sqmtStudio | to |
| Peninsula Five Tower 3, Business BayApartmentNew contract | AED 115,000 | 698 sqft64.8 sqmt1 Bed | to |
| Peninsula Five Tower 3, Business BayApartmentNew contract | AED 90,000 | 517 sqft48 sqmtStudio | to |
Peninsula Five Tower 3
Business Bay
AED 100K/yr
ApartmentRenewal515 sqft47.8 sqmtStudiotoPeninsula Five Tower 3
Business Bay
AED 80K/yr
ApartmentNew contract517 sqft48 sqmtStudiotoPeninsula Five Tower 3
Business Bay
AED 85K/yr
ApartmentNew contract515 sqft47.8 sqmtStudiotoPeninsula Five Tower 3
Business Bay
AED 85K/yr
ApartmentNew contract529 sqft49.1 sqmtStudiotoPeninsula Five Tower 3
Business Bay
AED 127K/yr
ApartmentNew contract711 sqft66.1 sqmt1 BedtoPeninsula Five Tower 3
Business Bay
AED 90K/yr
ApartmentRenewal529 sqft49.1 sqmtStudiotoPeninsula Five Tower 3
Business Bay
AED 115K/yr
ApartmentNew contract698 sqft64.8 sqmt1 BedtoPeninsula Five Tower 3
Business Bay
AED 90K/yr
ApartmentNew contract517 sqft48 sqmtStudioto
Every sale in Peninsula Five Tower 3Every rent contract in Peninsula Five Tower 3
Service charges in Peninsula Five Tower 3
The 2026 service charge in Peninsula Five Tower 3 is AED 17.83 per sq ft for homes, AED 13 per sq ft for shops, AED 5.96 per sq ft for villas. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department. Each parking space adds about AED 378 a year.
| Unit type | Rate per sq ft | Size | Yearly charge |
|---|---|---|---|
| 1 Bed Apartment (2026) | AED 17.83 | 700 sqft65 sqmt – 1,430 sqft132.9 sqmt | AED 12,481 – AED 25,497 |
| 2 Beds Apartment (2026) | AED 17.83 | 1,160 sqft107.8 sqmt – 1,850 sqft171.9 sqmt | AED 20,683 – AED 32,986 |
| 3 Beds Apartment (2026) | AED 17.83 | 1,680 sqft156.1 sqmt – 1,800 sqft167.2 sqmt | AED 29,954 – AED 32,094 |
| Retail (2026) | AED 13 | 80 sqft7.4 sqmt – 2,560 sqft237.8 sqmt | AED 1,040 – AED 33,280 |
| Studio Apartment (2026) | AED 17.83 | 510 sqft47.4 sqmt – 540 sqft50.2 sqmt | AED 9,093 – AED 9,628 |
Source: Dubai Land Department service charge index. Rates are reviewed each year.
Peninsula Five Tower 3 payment plan
How the developer's price is paid, in the order each instalment falls due.
- 1.Down Payment5%
- 2.During Construction35%
- 3.On Handover60%
Peninsula Five Tower 3 floor plans
Studio, Studio Studio
517 sqft48 sqmt
1 bedroom, 1 Bedroom Apartment
700 sqft65 sqmt
1 bedroom, 1 Bedroom Duplex
1,206 sqft112 sqmt
2 bedrooms, 2 Bedroom Apartment
1,163 sqft108 sqmt
2 bedrooms, 2 Bedroom Duplex
1,625 sqft151 sqmt
3 bedrooms, 3 Bedroom Apartment
1,636 sqft152 sqmt
3 bedrooms, 3 Bedroom Duplex
1,798 sqft167 sqmt
4 bedrooms, 4 Bedroom Duplex
4,725 sqft439 sqmt
Nearby amenities
Around Peninsula Five Tower 3
Transportation near Peninsula Five Tower 3
The nearest Dubai Metro station from Peninsula Five Tower 3 is Business Bay (red line, 1 km, about 12 min walk), then Burj Khalifa/Dubai Mall (red line, 2 km, about 6 min drive). Stations planned on new lines nearby include Burj Khalifa Road (golden line, 0.8 km, about 10 min walk) and Business Bay Interchange (golden line, 1 km, about 12 min walk).
- Burj Khalifa RoadGolden line · 0.8 km · about 10 min walk
- Business Bay InterchangeGolden line · 1 km · about 12 min walk
- Business BayRed line · 1 km · about 12 min walk
- District 1 near High Speed Rail lineGolden line · 1.8 km · about 6 min drive
- Burj Khalifa/Dubai MallRed line · 2 km · about 6 min drive
- City WalkGolden line · 2.7 km · about 7 min drive
Shopping and groceries near Peninsula Five Tower 3
The closest is Spinneys/ Ontario Tower, 0.4 km from Peninsula Five Tower 3 (about 5 min walk).
- Spinneys/ Ontario TowerSupermarket · 0.4 km · about 5 min walk
- Spinneys / The Executive TowersSupermarket · 0.6 km · about 7 min walk
- Bay AvenueShopping Mall · 0.8 km · about 10 min walk
- Al Maya / 8 Boulevard Walk, Downtown DubaiSupermarket · 0.9 km · about 11 min walk
- Choitram, The Executive TowersSupermarket · 1 km · about 12 min walk
Restaurants and hotels near Peninsula Five Tower 3
The closest is Oberoi Hotel, 0.4 km from Peninsula Five Tower 3 (about 5 min walk).
- Oberoi HotelHotel · 0.4 km · about 5 min walk
- Maward RestaurantRestaurant · 0.5 km · about 6 min walk
- JW Marriott Marquis Business BayHotel · 0.9 km · about 11 min walk
- Vida Hotels and ResortsHotel · 1.1 km · about 13 min walk
- Qamardeen HotelHotel · 1.4 km · about 5 min drive
Hospitals and clinics near Peninsula Five Tower 3
The closest is Al Amal Hospital, 2.4 km from Peninsula Five Tower 3 (about 7 min drive).
- Al Amal HospitalHospital · 2.4 km · about 7 min drive
- Medcare HospitalHospital · 2.4 km · about 7 min drive
- Emirates HospitalHospital · 3.3 km · about 9 min drive
- Internationl Medical CenterHospital · 3.5 km · about 9 min drive
- Neuro Spinal hospitalHospital · 3.9 km · about 10 min drive
Parks and leisure near Peninsula Five Tower 3
The closest is Dubai Bowling Centre, 1.4 km from Peninsula Five Tower 3 (about 5 min drive).
- Dubai Bowling CentreSports Academy · 1.4 km · about 5 min drive
- Safa ParkPark · 2 km · about 6 min drive
- Al Quoz Pond ParkPark · 2.2 km · about 6 min drive
- Jumeirah Beach ParkPark · 3.5 km · about 9 min drive
- Falcon Heritage and Sports CentreSports Academy · 4.2 km · about 10 min drive
Schools near Peninsula Five Tower 3
The nearest is Global Indian International School L.L.C, 1.4 km away. Ratings are the KHDA's latest inspection grades.
- Global Indian International School L.L.CIndian · KHDA: Good · 1.4 km
- Iranian Towheed Boys SchoolIranian - International Baccalaureate · KHDA: Good · 1.4 km
- GEMS Our Own Indian SchoolIndian · KHDA: Very good · 1.4 km
- Dubai International Private School - BrAmerican · KHDA: Good · 1.6 km
- Japanese SchoolJapanese · KHDA: Good · 1.6 km
- JSS Private School L.L.CIndian · KHDA: Very good · 1.6 km
Other buildings in Business Bay
Business Bay has 257 buildings. A few others to compare Peninsula Five Tower 3 with:
- Ready
Ready- Ready
ReadyOff-plan
Ready
Things to consider about Peninsula Five Tower 3
In its favour
- Business Bay metro station is within walking distance.
- An active resale market: 46 sales in the last year make it easier to price and to sell.
- Owners who resold have made money: a median gain of up to 15%.
- A median gross yield of 6.1% on recent sales.
- Ready to move into or let, with no construction risk.
- Several schools within 3 km.
Specialists
Brokers who know Peninsula Five Tower 3
These brokers handle sales and lettings in Peninsula Five Tower 3 and can tell you what is available now.
Mohammad Jarrar
Property Advisor
Anjelika Nazarmetova
Senior Property Advisor
Osman Sillah
Property Advisor
Mahmoud Hamzeh
Property Advisor
Shiela Marie Duran
Property Advisor
Nathalie Donfack Tsueti
Property Advisor
Ivelina Neykova
Senior Property Advisor
Aniket Arun Tiwari
Property Advisor
FAQs
Peninsula Five Tower 3: questions answered
Buying, selling or renting in Peninsula Five Tower 3?
A broker who works Business Bay will tell you what is available and what comparable homes went for.