DISTRESS DEAL: 1-Bedroom Apartment in Peninsula 4, Business Bay — Canal View | Below Market Price

AED 2,400,000
| Deal type | Off-Plan Distress |
| Price | AED 2,400,000 |
| Bedrooms | 1 |
| Size | 971 sq.ft |
| Type | Apartment |
| Status | Under Construction |
| Handover | Q2-2026 |
| Area / Master development | Business Bay |
| Community | Business Bay |
Distress Deal: 1-Bedroom Apartment in Peninsula 4, Business Bay
Property Highlights
Property Type: 1-Bedroom Apartment
Property Size: 971 sqft
Selling Price: AED 2,400,000 (Below Market Value)
Floor: Mid Floor
View: Full Canal View – Best Layout Series
Balcony: Yes
Parking: 1 Covered Space
Status: Under Construction
Developer: Select Group
Community: Business Bay
Handover: Q2 2026
Own one of the largest 1-bedroom layouts in Peninsula 4 by Select Group, offering a prime mid-floor unit with a direct open canal view.
This distress resale is listed below the current market price, making it a smart and secure investment opportunity for cash buyers seeking strong appreciation in Dubai’s waterfront district.
Peninsula by Select Group is among the top-performing Business Bay projects, known for premium build quality, strategic location, and excellent rental yields.
The Opportunity: Why This is a Secure Deal
This is a verified resale from a motivated seller looking for a quick transaction.
All documentation and developer NOC are ready, ensuring a smooth and transparent transfer directly through the Dubai Land Department.
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Clean title, no mortgage
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Off-plan resale via developer transfer
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Handover expected Q2 2026
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Strong appreciation potential post-completion
With similar 1BR units in Peninsula towers now trading significantly higher, this deal offers an instant equity advantage for investors.
Why Peninsula 4 is a Prime Investment
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Developer Reputation: Select Group — behind Marina Gate, Studio One, and Peninsula series
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Waterfront Living: Direct canal view and premium community lifestyle
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Large Layout: 971 sqft — among the largest 1BR configurations in the project
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Rental Demand: Business Bay’s central location ensures high ROI potential
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Long-Term Growth: Waterfront assets in Business Bay are witnessing strong price appreciation
Golden Visa eligibility, rental and yield figures, handover timing and transport connectivity described above reflect source information published as at 17 August 2026 and can change. Confirm current status before relying on them.









Buyer costs
What you will pay
Dubai transfer costs for an off-plan unit. Every figure editable — NOC is set by the developer and varies.
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| Trustee / registration | — |
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| VAT on agency (5%) | — |
Total cost
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Full payment schedule and unit details are released to qualified buyers on enquiry.
Indicative only and not a quotation. Excludes any balance payable to the developer, mortgage arrangement costs and service charges.
Finance
Mortgage estimate
Off-plan: UAE lenders generally finance at handover. Plan the position you will be in.
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| Loan amount | — |
| Total interest | — |
| Total repaid | — |
Monthly payment
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Indicative only, not an offer of finance and not advice. UAE loan-to-value caps depend on residency, property value and whether it is your first purchase, with tighter limits on off-plan. Rates move; confirm current terms with your bank or broker.
Read our full property verification methodology →
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