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Studio for sale in Dubai from a well-known developer in the UAE - Select Group. You can buy a studio apartment today at a bargain price of just $209 000 or AED 768 000. Next, you can see the project from the builder in a short video review:

The 6-minute video clearly shows the entire nearby area of Peninsula 3, as well as the different stages of construction of the residential area.

Flat in Peninsula New Development is a good choice to buy property in Dubai for 2023. Since this is an exclusive project from the builder, it is located in the business district of the emirate - Business Bay, which is a 36-storey skyscraper. 

Studio flat for sale in Business Bay Dubai area offers a bargain price for a property in this community. During the construction period, the price of residential premises in the project increased by 7% ROI for each year. Which gives hope for further returns on investments in the Peninsula Tower. Buy a property now and get benefits before the end of the project - 4th quarter of 2024. To get a discount on Dubai real estate and buy an apartment in the Business Bay in LCD Peninsula, leave your details by clicking the "Callback" button.

Description of studio flat for sale in Peninsula

  • Location - Business Bay
  • Housing estate - Peninsula 3
  • Developer - Select Group
  • Area - 38 m2 / 420 ft2
  • Floor - 17
  • Floors of the house - 36
  • Bathroom - 1
  • Furnished - no
  • Type of building - new

This apartment has space for a combined room - living room + bedroom. Basically, such flats are bought by families of 2 people or bachelors. The designers have created a versatile plan for maximum comfort in a small space, so you don't feel like you're in 4 corners. And with a ceiling height of 4 meters, you will find this property not so small. Next, we propose to consider the layout of the studio from the developer.

Layout of the studio apartment for saleThe layout of the studio apartment for sale is also available for other rooms on levels 3, 7, 12, 17, 22, 27 and 32. It is a small space that can accommodate 1 room, 1 bathroom, a balcony and a kitchen. The total area is 38 meters squared or 409 square meters. ft., of which 7.7 m2 / 83 ft2 is the area of the balcony.

Location studio flat in the Peninsula residencial complexThe balcony of the studio faces south-west. From where you can watch the flowing Dubai Canal, as well as enjoy the developments of the Business Bay area and Al Quoz district. On the other side of the Peninsula 3 residence, you can see Downtown Dubai, as well as the tallest skyscraper Burj Khalifa.

Apartments for sale in Peninsula Business Bay

Peninsula 3 is one of the buildings built by one of the best developers in Dubai - Select Group development. The skyscraper is surrounded on three sides by a flowing canal and covers an area of 93,000 square meters. The project itself includes all types of apartments - studios, 1 and 2 BHK, 1-3 bedrooms townhouses.

Carefully designed studio apartments, luxurious amenities and prime location in this neighborhood make it a compelling proposition for those looking for an elegant and comfortable life. All nearby buildings are presented in equal proportions and complement the city with a small quarter. In addition to residential premises, there is a lot of commercial real estate for an office, shop or other type of business.

Real estate on the peninsula will be in constant demand, attractive to both tourists and expatriates. Due to its very advantageous location and well-developed infrastructure in the immediate vicinity, the object demonstrates a remarkable investment attractiveness, providing a significant level of attractiveness for potential investors.

Location of Peninsula Residence in Dubai

Peninsula Residence is located in the central district of Dubai - Business Bay neighborhood. The exact location of the residential complex is on the waterfront of Dubai Canal Al Jadaf. Skate park with Garden and Business Bay Canal Lawn is within walking distance. In the same community there is a 5-star Radisson Blu Hotel. Next, we suggest that you familiarize yourself with the remoteness of the attractions of the emirate from the Peninsula:

DistanceTravel Time
Dubai Mall
2.7 km6 min
Palm Jumeirah
21.1 km23 min
Dubai Airport
14.8 km14 min
Burj Khalifa
2.1 km6 min
Dubai Frame
8.3 km13 min
National Museum
12.2 km19 min

Note: The distance to the central places of the city is taken from the official sources of Google Maps. The travel time to the point may be changed in your case depending on the traffic.

Moreover, the distinctive feature of this residential complex lies in its prime location, offering residents the added advantage of easy access to surrounding recreational establishments. Just a stone's throw away from the Peninsula, there's a picturesque waterfront adorned with an array of shops, boutiques, beauty salons, as well as a diverse selection of restaurants and cafes – a complete package for a comfortable and fulfilling lifestyle.

Studio price and sale plan

The developer's studio apartments are being sold at a starting price of $209 000 / AED 768 000. Based on this, one square meter will cost the buyer USD 5 500 / AED 20 200. If you want to buy a studio flat, you will have to pay 5% of the booking price - $ 10 450 / AED 38 500. Further payment plan will look like this:

  1. 45% during construction - $94 050 / AED 46 000.
  2. 50% upon completion - $104 500 / AED 384 000.

Get up-to-date information about this or another studio from our Dubai property managers. Leave a request and we will call you back as soon as possible.

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The minimum length is 20 characters. Comments are moderated
24 August 2023 17:03
Do you agree? Yes 1 No 0
I want to buy studio flat in business bay Dubai area, but apartment in peninsula is very expensive for me. Can you help me find and buying cheap studio in this district
6 September 2023 17:14
Do you agree? Yes 1 No 0
Jameson, Hello. Leave your details in the feedback form and we will be happy to help you find a property in the UAE and buy a studio apartment in Dubai that suits your budget