Peninsula Three

by East & West Properties · 📍 Business Bay

Peninsula Three is a project by East & West Properties in Business Bay, Dubai. It offers Studio, 1 Bedroom and 2 Bedroom. The Dubai Land Department project register lists completion for June 2025. It was 100% built at the official RERA site inspection of 27 November 2025.

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Official brochure

Full unit layouts & floor plans are inside the brochure. Source: independent listing source.

Download brochure ↓
Unit typeSize rangeLayouts
Studio410–436 sqft (38–41 m²)1
1 Bedroom644–823 sqft (60–76 m²)1
2 Bedroom931–1,061 sqft (86–99 m²)1

Unit types & sizes read from the brochure; floor-plan drawings are in the PDF — download above.

About the project

Tower within the Peninsula waterfront master development on the Dubai Canal, Business Bay (~3.4M sq ft, 6 towers). Pricing quoted at AED 1,800-3,900 per sqft (not unit totals).

Construction progress

Finished

100% complete at the latest RERA site inspection on 27 Nov 2025; completed 1 Jun 2025.

Peninsula Three, Business Bay construction progress, 100% complete: RERA site inspection 27 Nov 2025 (photo 1)Peninsula Three, Business Bay construction progress, 100% complete: RERA site inspection 27 Nov 2025 (photo 2)Peninsula Three, Business Bay construction progress, 100% complete: RERA site inspection 27 Nov 2025 (photo 3)Peninsula Three, Business Bay construction progress, 100% complete: RERA site inspection 27 Nov 2025 (photo 4)Peninsula Three, Business Bay construction progress, 100% complete: RERA site inspection 27 Nov 2025 (photo 5)Peninsula Three, Business Bay construction progress, 100% complete: RERA site inspection 27 Nov 2025 (photo 6)
Peninsula Three site photos from the RERA inspection on 27 Nov 2025 (6 of 14 shown).
InspectionCompletePhotos
27 Nov 2025100%14
21 Aug 202593.06%7
27 Mar 202578.1%8
31 Oct 202451.97%8
24 Jun 202430.46%6
3 Jan 202415.02%6
14 Aug 20236.92%5
22 Feb 20233.28%5

Official RERA site-inspection records for registered project #2372, updated daily. Tap a photo for the full-size original.

Amenities

Multipurpose games roomGymLift lobbiesCommunity spacesDubai Canal views

How it compares in Business Bay

50 other off-plan projects in Business Bay · average entry price AED 1.49M

Peninsula Three: questions and answers

When is the handover of Peninsula Three?

The Dubai Land Department project register lists the completion date of Peninsula Three as June 2025.

How much of Peninsula Three is built?

Peninsula Three was 100% complete at the official RERA site inspection of 27 November 2025.

Is Peninsula Three registered with the Dubai Land Department?

Yes. Peninsula Three is registered with the Dubai Land Department as project number 2372, and its escrow account is held at Dubai Islamic Bank (Public Joint Stock Company). By law, buyers' payments for an off-plan home in Dubai go into the project's escrow account.

Who is the developer of Peninsula Three?

Peninsula Three is developed by East & West Properties. The Dubai Land Department project register lists 5 projects for East & West Properties: 3 delivered and 2 under construction.

Where is Peninsula Three located?

Peninsula Three is in Business Bay (Peninsula), Dubai.

What unit types does Peninsula Three offer?

Peninsula Three offers Studio, 1 Bedroom and 2 Bedroom. The project has 859 units in the Dubai Land Department project register.

What is the average price per sqft in Business Bay?

Apartments in Business Bay sell for about AED 1,702/sqft (AED 18,324/m²), based on 16,885 registered sales since 2023.

What rental yield can I expect in Business Bay?

Apartments in Business Bay yield about 6.1% gross, or about 5.0% net after service charges, based on 62,333 registered rent contracts and 16,885 sales since 2023.

What are the service charges in Business Bay?

Service charges for apartments in Business Bay are about AED 18.31/sqft (AED 197/m²) a year, per an independent third-party source. The exact rate depends on the building, so confirm it with the developer before buying.

What amenities does Peninsula Three have?

Peninsula Three lists these amenities: Multipurpose games room, Gym, Lift lobbies, Community spaces and Dubai Canal views.

Explore more

More off-plan projects by East & West Properties

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Source: developer’s official website + live listing photos. Prices are "starting from" figures where published. Always verify with the developer before transacting. Project details last checked on 14 Jun 2026.