Ramallah – Dunya Al Watan
Select Real Estate Group, one of the region’s leading privately owned real estate developers, has announced the launch of its newest 49-storey Peninsula Tower 3 residential tower in the heart of Dubai’s booming Business Bay. The new tower, which is expected to be completed by 2025, will offer residents a modern and upscale lifestyle, facing unparalleled views of the iconic Downtown skyline, Burj Khalifa and the city’s waterfront. The vibrant new tower is added to the Peninsula’s portfolio of first-of-its-kind waterfront community developments in Business Bay, one of Dubai’s most popular neighborhoods.
With a selection of new world-class studio, one and two-bedroom apartments, the Peninsula 3 has been meticulously designed with luxurious architecture, interiors and craftsmanship in mind, to set a new standard for upscale urban living in Business Bay.
Designed by award-winning Killa Design, which is best known for its recent designs for the Museum of the Future, the residential tower features bold geometric touches as well as unique interiors including metal and wood details that harmonize with the apartments’ vibrant color scheme. Thanks to the unique and new location and design of the Peninsula 3 project, residents will have the opportunity to live social life to its fullest. On the other hand, the rooftop of the tower on the 50th floor features panoramic and exclusive views of the city.
Residents of Peninsula 3 will enjoy a luxurious lifestyle thanks to the wide range of amenities in the tower, such as a co-working space, fully equipped gym, pool corner with swimming pool, separate pools for adults and children and an outdoor yoga area.
A world of luxury awaits residents on their doorstep, with tennis and paddle courts, a running track, a spacious (3×3) basketball court, a skating hall, a children’s play area, various retail outlets, dining destinations and various cafes in close proximity to the project.
Residents will also have easy access to lush gardens and parks filled with native plants without leaving the neighborhood. The natural and social spaces are set to add a vibrant touch to the area, giving local residents and visitors a deep sense of community.
Commenting on the announcement, Raheel Aslam, CEO of Select Group, said: “We are proud to announce the launch of the highly anticipated Peninsula 3 project, which is the latest addition to the portfolio of waterfront projects launched by Select Group. Following the huge demand we have seen for the Peninsula 1, 2 and 5 projects, We are confident that the Peninsula 3 project will provide buyers with an irreplaceable opportunity to invest in high-end residential units that perfectly combine luxury with a practical lifestyle and provide community living in the modern ambiance of Dubai.”
Following the successful launch of the Peninsula Projects in October 2021, the Peninsula III project constitutes the fourth series of residential units within Select Group’s first large-scale waterfront masterplan. The Peninsula 3 project is an example of upscale urban living that is manifested in spacious waterfront condominiums and stunning views of the city’s most famous landscape.