Just a short time back, a new project by Select Group developers appeared on the market in Dubai. Peninsula Three consists of luxury homes with breathtaking views. This residential property offers exclusive amenities for a lavish lifestyle with exquisite backdrops of green landscaping and an amazing resort atmosphere. This area is one of the most desirable magnets for a tourist destination.

We will discuss why this project has been attracting investors and why you should not hesitate to make a purchase as soon as possible before time runs out.

The Paradise Peninsula

This exclusive area is just 400 meters from the downtown area. Paradise Peninsula will be finished in 2025 offering 9 high-rise residential developments with apartments and offices, a stunning park with swimming pools, gardens, and walking trails.

Properties in two skyscrapers, Peninsula One and Peninsula Two, were sold out in just one month, making this latest project on the Peninsula very exciting. There are so many exciting reasons why projects on the Peninsula are so hot.

People are buying up residences to live in or for resale because this peninsula is literally in the center of the Dubai city lifestyle. It's only a 7-minute drive to Burj Khalifa and the gigantic Dubai Mall where guests and tourists alike come to shop and relax. You will only be 12 minutes from The Design Dubai District with its spectacular galleries and one-of-a-kind boutiques. The DIFC office group is only 11 minutes away or you can head to Jumeirah Beach for rest and sun which is only 9 minutes away by car.

Most residents of the Peninsula never opt to take long trips because they have everything they could possibly want or need for an excellent lifestyle right where they are.

The Community Mall will be home to sumptuous food markets, restaurants, beauty salons, fitness centers,and lounge spaces which will be opening very soon. A cozy Promenade with an open-air cinema and concert settings is presently in the planning stages. Visit the Peninsula Three tower and discover something new and exciting.

Skyscraper Living & More

On the roof of the 3-story structure, you will find a multi-stage landscape with tropical plants, a skating park, jogging tracks, playgrounds, and outdoor pools with cool water. Those into yoga will find several comfortable locations right here. You can also play tennis or shoot hoops on the 9 sq. m. basketball court.

A state-of-the-art fitness center will be operated from inside the tower with panorama views of lush parkland greenery. Also, co-working spaces will be available for residents to avoid traffic and instead, work in this comfortable environment. The underground area will be a 4-level parking area with charging stations for electric cars.

The focal point of this project is the skyscraper's rooftop terrace with an observation deck and lounge to enjoy and sunbathe while drinking a summer tropical cocktail. Come upstairs and find an amazing environment for breakfast with sunshine everywhere or enjoy viewing the Persian Gulf and Dubai skyscrapers.

Peninsula Three Offers Lots For Investments

Specific layouts of the Peninsula Three Tower have been carefully planned for compact apartments with the largest lot of all covering 1,060 sq. ft. of floor space. There are no large units or multi-level options, the project was planned as a development with only small apartments for lease.

All the ceilings are 3 meters high, and all windows are 3 meters. All units will receive plenty of sunshine! Each property has a balcony ranging from 89 to 93 sq. ft. in order for residents to sunbathe without ever leaving their homes.

For the convenience the residencies come with fine finishing, the kitchens are decorated with laminated flooring and blue quartz countertops and equipped with all appliances from a refrigerator to a gas oven. The bathrooms come with showers and all plumbing. All you have to do is select soft furniture and you are ready to place the lot up for rent.

The skyscraper has 849 apartments with a panoramic view of the Burj Khalifa, the Dubai Canal, and an extended skyline. You can purchase a cozy 410 square foot studio or a large 2-bedroom unit. The most attractive investment options are the one-bedroom apartments between 649 and 943 square feet. 491 homes in this project are exactly the same.

Typically, investors buy apartments with one-bedroom because they are easier to rent out. It doesn't matter if the tenant is a young IT tech, the manager of a large company, or a TikTok blogger. People, in general, are more likely to look for small cozy places with a kitchen, a separate bedroom, and a fully equipped bath. These units are for sale in the Peninsula Three tower.

The project has just been launched with prices per square foot starting at AED 1,700. At this time, the prices have not shot up but it's expected they will when the development is completed. You still have time to enter the project in order to resell your asset in a few years.

All prices are directly from the Select Group developers and there will be a SPA purchase agreement for each buyer. You can purchase any unit according to the 50/50 scheme. Simply put, you will pay 5% of the apartment's price with your booking. Another 15% should be paid 14 days later. Then 30% within a year after the reservation. The remaining will be paid after the development's commission. This is an easy and convenient payment process for all.

If you want to invest in the Peninsula 3 project and are ready to choose apartments suitable for what you are looking for, visit the development's website and download the presentation. You will receive all the details and plenty of photos to view.