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RentPublished

Vacant | Furnished | Ready to Move | Prime Area

Peninsula, Business Bay, Dubai, UAE

Listed: 13 Jul 2026

Bedrooms

Studio

Bathrooms

1

Built-up Area

425 ft²

Type

Apartment

Asking price

AED 80,000

Property Details

ReferenceDD-000441
ContractRent
CategoryApartment
TypeResidential
StatusPublished
StateLive
BedroomsStudio
Bathrooms1
Built-up Area425 ft²
CompletionReady Secondary
Availability2026-03-16
Permit No.71406162959
Listed13 Jul 2026

Description

AX CAPITAL Real Estate is delighted to present this Property Managed studio Apartment in Peninsula Three, Business Bay.

Apartment Feature:

- Studio Apartment

- 1 Bathroom

- BUA: 424.52 sq ft.

- Covered Parking

Reference No. axc-3995399-r5

Amenities & Features

Peninsula Three offers a full suite of lifestyle amenities, including:

- Infinity and leisure pools

- Fully equipped gym & outdoor fitness spaces

- Padel, tennis & basketball courts

- Lap pool and poolside lounge

- 24/7 security and concierge services

- Multiple landscaped green spaces

- Playground & skate park

- Retail & dining at podium level

- EV charging stations and covered parking

- 50th‑floor observatory deck

Peninsula Three is a 49‑storey premium residential tower developed by Select Group, located in the heart of Business Bay, Dubai — right on the edge of the Dubai Water Canal. The project is part of the larger Peninsula waterfront master‑plan, known for its integrated community lifestyle, water‑side promenades, parks, retail and F&B spaces.

Designed as a modern architectural landmark with sleek glass facades by award‑winning designers, Peninsula Three offers a mix of studio, 1‑bedroom, and 2‑bedroom apartments, each featuring panoramic views of the Burj Khalifa, Downtown Dubai skyline, and the canal.

The development emphasizes contemporary living with functional interiors, premium finishes and layouts that maximize natural light and outdoor views.

Get in touch with an AX CAPITAL PROPERTY MANAGEMENT today. We would love to hear from you.

AX CAPITAL was built upon a desire to create a real estate agency of the modern era where the customer is central to everything we do. With our values clearly defined, we are committed to continuously evolving as a real estate agency. This passion and dedication mark the foundation of AX CAPITAL and make us different.

Explore Our Services:

- AX MANAGEMENT

- AX CORPORATE

Regulation

RERA Permit No.: 71406162959|Listed: 13 Jul 2026

Market Intelligence

Completed transactions in Peninsula

Median sale price/sqft

AED 2,414/sqft+3.4%

Median sale price

AED 1,500,000

Gross rental yield

21.2%

Median annual rent

AED 317,389

Median price/sqft over time

Jan 24Range AED 2,219 – AED 2,539Dec 24

Transaction activity

LiquidityStrongPrice momentumRising

578 sales and 1 rentals in the last 12 months

Primary vs resale

Primary 99.7%Resale 0.3%

Recent transactions

DateBuildingBedsAreaPriceAED/sqft
2024-12-25Peninsula Three21,011 sqftAED 2,710,0002,681
2024-12-25Peninsula OneStudio420 sqftAED 1,145,0002,724
2024-12-25Peninsula Three21,011 sqftAED 2,710,0002,681
2024-12-25Peninsula OneStudio417 sqftAED 1,145,0002,744
2024-12-25Peninsula One ApartmentsStudio420 sqftAED 1,145,0002,726
2024-12-25Peninsula Three21,010 sqftAED 2,710,0002,683

Estimates are based on completed transactions and are not an official valuation. Data as of 2024-12-31.

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