4-Bedroom Corner Apartment in Peninsula Four, Business Bay – 9.1% Below OP, Burj & Canal View

Property Overview

This ready and vacant 4-bedroom corner apartment in Peninsula Four by Select Group, Business Bay, is offered at AED 7,000,000 for a built-up area of 2,688 sq ft. The asking price is AED 700,000 (9.1%) below the agent-stated original purchase price of AED 7,700,000. The unit is on a high floor with full Burj Khalifa, skyline and canal views.

Property Highlights

• Property type: Apartment (corner unit)
• Bedrooms: 4
• Built-up area: 2,688 sq ft
• Asking price: AED 7,000,000
• Original price (agent-stated): AED 7,700,000
• Difference: AED 700,000 (9.1%)
• Price per sq ft: approximately AED 2,604
• Floor: high floor
• View: full Burj Khalifa, skyline and canal view
• Status: ready and vacant

Why the Price Qualifies as Below OP

The agent brief states an original purchase price of AED 7,700,000. The asking price of AED 7,000,000 is AED 700,000 lower, which works out to 9.1% below that benchmark. The agent describes it as a quick distress sale. The benchmark comes from the agent's resale brief seen on 14 October 2026 and has not been checked against the seller's SPA, title deed or DLD records.

About the Project, Developer and Community

Peninsula Four, also known as The Plaza, is the final phase of Peninsula, Select Group's waterfront master community in Business Bay on the Dubai Canal. Select Group describes Peninsula Four as two residential towers, waterfront lofts and a commercial building, with residences from studios to four bedrooms and half-floor penthouses. Its listed amenities include an outdoor pool, a gym, a jacuzzi, a children's play area, co-working space, a yoga zone and squash courts, with tennis and padel courts, running tracks and a skate park across the wider community.

Layout, Floor and View

The agent describes the unit as a 4-bedroom corner apartment of 2,688 sq ft on a high floor with full Burj Khalifa, skyline and canal views. The exact floor, tower, unit number, number of bathrooms, parking and furnishing were not provided and should be confirmed before any commitment.

Handover and Occupancy

The agent states the unit is ready and vacant. Buyers should confirm the title deed, any outstanding service charges or developer dues, and vacant possession before transfer.

Location and Connectivity

Peninsula is on the Dubai Canal in Business Bay, close to Downtown Dubai. This page does not state any distances or journey times; buyers should check these themselves.

Verification Notes

• Agent-supplied facts: project, area, property type, corner position, bedrooms, size, floor, view, ready and vacant status, original price and asking price.
• Calculated figures: savings amount, savings percentage and price per sq ft are worked out from the agent's figures.
• External research: the project facts come from Select Group's published Peninsula Four launch announcement.
• Availability, price and unit details may change and should be confirmed before booking a viewing or paying a deposit.