4-Bedroom Corner Apartment with Full Burj Khalifa View at Peninsula Four, Business Bay – 7.1% Below Original Price

4-Bedroom Apartment Peninsula Four Business Bay — Tower Studio For Sale In Dubai — 4-Bedroom Apartment Peninsula Four Business Bay. Tower Studio For Sale In Dubai.

AED 7,150,000 was AED 7,700,000

Deal type	Below OP
Price	AED 7,150,000
Original price	AED 7,700,000
Saving	AED 550,000 (7.1%)
Bedrooms	4
Size	2688 sq.ft
Type	Apartment
Status	Ready
Developer	Select Group
Area / Master development	Business Bay
Sub-community / Phase	Peninsula Four
Community	Business Bay

Property Overview

This 4-bedroom corner apartment of 2,688 sq ft in Peninsula Four (The Plaza, Tower B), Business Bay, sits between floors 45 and 50 with full Burj Khalifa and skyline views. It is offered at AED 7,150,000, which is AED 550,000 (7.1%) below the seller's original purchase price of AED 7,700,000, and 10.7% below the original price plus DLD fee. The rate is about AED 2,660 per sq ft.

Property Highlights

Asking price: AED 7,150,000
Original purchase price: AED 7,700,000 (agent-stated)
Original price plus 4% DLD: AED 8,008,000 (agent-stated)
Saving vs original price: AED 550,000 (7.1%)
Saving vs original price plus DLD: AED 858,000 (10.7%)
Size: 2,688 sq ft (agent-stated)
Rate: approximately AED 2,660 per sq ft (calculated)
Bedrooms: 4
Position: corner unit (agent-stated)
Floor: between 45 and 50 (agent-stated)
View: full Burj Khalifa and skyline (agent-stated)
Status: ready (agent-stated)

Why the Price Qualifies as Below Original Price

The seller's original purchase price was AED 7,700,000, and with the 4% DLD fee their total outlay was AED 8,008,000. At AED 7,150,000, the asking price is AED 550,000 (7.1%) below the original price and AED 858,000 (10.7%) below the original price plus DLD.

Buyers should confirm the original price and DLD receipt from the SPA or title documents before committing.

About Peninsula Four

Peninsula Four, also marketed as The Plaza, is a Select Group project of two 52-storey towers in The Peninsula, Business Bay, near the Dubai Canal and Burj Khalifa. It offers studios to 4-bedroom apartments, duplex lofts and penthouses; published 4-bedroom apartment layouts start from about 2,600 sq ft.

Developer-listed facilities include an infinity pool, children's pool, sauna, gym, squash courts, landscaped areas and waterfront dining and retail.

Layout, Floor and View

The agent describes a 2,688 sq ft 4-bedroom corner unit in Tower B on a floor between 45 and 50, with full Burj Khalifa and skyline views. Exact floor, bathroom count, maid's room and parking were not supplied; request the floor plan.

Handover, Viewing and Transfer

The agent states the unit is ready but that viewing is not possible. Ask why viewing is unavailable, for example whether the unit is tenanted or awaiting handover, and confirm the title deed status, any developer balance, occupancy and service charges before signing.

Location and Connectivity

The Peninsula sits in Business Bay beside the Dubai Canal, a short drive from Dubai Mall and Burj Khalifa. DPF has not verified exact journey times.

Verification Notes

Agent-supplied: building, tower, bedrooms, size, OP AED 7.7M, OP plus DLD AED 8,008,000, asking price, 10.7% below OP plus DLD, corner, floor 45–50, Burj and skyline view, ready, viewing not possible.
Calculated by DPF: savings against OP and OP plus DLD, price per sq ft.
External research: developer, tower count and height, unit range, facilities and location from secondary project references.
Not supplied: exact floor, bathrooms, maid's room, parking, reason viewing is unavailable, occupancy.

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Frequently asked questions

What is the asking price for this Peninsula Four apartment?

The 4-bedroom corner apartment in Peninsula Four, Business Bay, is offered at AED 7,150,000.

How much below the original price is it?

The original price was AED 7,700,000, so the asking price is AED 550,000 (7.1%) lower. Against the original price plus DLD of AED 8,008,000, it is 10.7% lower.

What is the size and price per square foot?

The apartment is 2,688 sq ft, giving an asking rate of approximately AED 2,660 per sq ft.

What view and floor does it have?

According to the agent, it is a corner unit between floors 45 and 50 with full Burj Khalifa and skyline views.

Can the apartment be viewed?

The agent states viewing is not possible. Ask for the reason and confirm occupancy and handover status before making an offer.

What is Peninsula Four?

Peninsula Four, also called The Plaza, is a two-tower, 52-storey Select Group project in The Peninsula, Business Bay, near the Dubai Canal.

What should be verified before buying?

Confirm the original price, title deed status, occupancy, exact floor, bathrooms, parking and service charges.

Buyer costs

What you will pay

Dubai transfer costs for an ready unit. Every figure editable — NOC is set by the developer and varies.

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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

Indicative monthly repayment on a UAE bank mortgage.

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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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DeveloperSelect Group AreaBusiness Bay Sub-communityPeninsula Four CommunityBusiness Bay CityDubai TypeApartment Bedrooms4 Bedrooms CountryUnited Arab Emirates BrowseAll distress deals