Brand-New Corner 3-Bedroom + Maid in Peninsula Four Tower A, Business Bay – Full Burj and Canal View

Property Overview

This is a brand-new 3-bedroom plus maid corner apartment in Peninsula Four Tower A, Business Bay, offered at AED 5,400,000 with keys in hand. The agent states a built-up area of 1,948 sq ft, or approximately AED 2,772 per square foot. The unit is on a very high floor with full Burj Khalifa and Dubai Canal views, and the agent describes the price as below market.

Property Highlights

• Asking price: AED 5,400,000
• Property type: Apartment, 3 bedrooms plus maid's room
• Built-up area: 1,948 sq ft (agent-stated)
• Price per sq ft: approx. AED 2,772 (DPF calculation)
• Position: Corner unit, very high floor
• View: Full Burj Khalifa and Dubai Canal
• Status: Brand new, key in hand
• Building: Peninsula Four Tower A
• Developer: Select Group
• Community: Business Bay

Why This Is Listed as Below Market

The agent has classified this apartment as priced below market. The brief does not include a dated market comparison, a DLD transaction or an original purchase price, so DPF has not calculated a discount and the below-market description should be read as the agent's assessment. The rate of about AED 2,772 per sq ft is shown so buyers can compare it with recent Peninsula Four and nearby canal-front transactions themselves.

About Peninsula Four, The Plaza

Peninsula Four, The Plaza is the centrepiece of Select Group's Peninsula master development on the Dubai Canal in Business Bay. It comprises two 52-storey towers alongside a small collection of waterfront duplex lofts, with homes ranging from studios to 4-bedroom penthouses. Select Group reports that the project was completed on schedule in Q2 2026.

The development is anchored by a waterfront plaza with boutique retail, al-fresco dining, indoor and outdoor recreation areas and landscaped public spaces, with views across the canal towards Burj Khalifa and Downtown Dubai.

Business Bay

Business Bay is a mixed-use district along the Dubai Canal, next to Downtown Dubai, combining residential towers, offices, hotels and a growing canal-side promenade. It is popular with professionals who want to live close to Downtown and DIFC.

Layout, Floor and View

The agent describes this unit as a 3-bedroom plus maid corner layout of 1,948 sq ft on a very high floor, with full views of Burj Khalifa and the Dubai Canal. The exact floor number, bathroom count and parking allocation were not supplied, so buyers should confirm these at viewing and against the title deed.

Handover

The agent states the apartment is brand new and key in hand. As the building was completed in 2026, buyers should confirm that the title deed has been issued and whether any balance remains payable to the developer under a post-handover plan.

Location and Connectivity

Peninsula sits on the Business Bay side of the Dubai Canal, with road access towards Downtown Dubai, DIFC and Sheikh Zayed Road. Specific travel times depend on traffic and route and are not quoted here.

Verification Notes

• Unit facts (price, size, layout, floor, view, corner position, ready status) come from the agent brief received on 7 October 2026.
• The below-market description is the agent's classification and has not been verified against market data by DPF.
• Price per sq ft was calculated by DPF from the agent's figures.
• Project details come from Select Group's official Peninsula Four, The Plaza page and describe the development, not this specific unit.
• Buyers should verify title, service charges, any developer balance and the exact unit details with the agent before making an offer.