Studio in Peninsula Four Tower B, Business Bay — 0.6% Below Original Price

AED 1,140,000 | 513 Sq Ft | Off Plan | Q2 2026 Handover

Secure an exclusive studio in Peninsula Four Tower B by Select Group — one of Dubai’s most trusted developers — at just 0.6% below the original list price of AED 1,147,000. This off-plan studio in Business Bay delivers 513 sq ft of thoughtfully designed living space with a Q2 2026 handover and a flexible 4-year payment plan.

Peninsula Four Tower B is part of a five-tower masterplan overlooking the Dubai Water Canal, combining contemporary architecture with a premium lifestyle proposition in one of Dubai’s most connected neighbourhoods. Whether you are an investor seeking strong rental yields or a first-time buyer looking for a smart starter home, this studio presents a compelling case at a below-market entry point.

Property Highlights

• → 0.6% below market — Developer discount = AED 7,000 saving
• → Select Group — Reputable Dubai developer with proven track record
• → Q2 2026 handover — 4-year post-booking timeline
• → 513 sq ft / 47 sqm — Efficient studio layout with open plan living
• → Dubai Water Canal views — Premium orientation above floor 10
• → Flexible 4-year payment plan — 5% booking, 70% construction, 25% handover
• → Business Bay location — Walking distance to Metro, 5 min to Dubai Mall
• → Full facilities — Pool, gym, spa, concierge, covered parking

About Peninsula Four Tower B

Peninsula Four Tower B is the second phase of the acclaimed Peninsula masterplan by Select Group, a developer whose portfolio spans residential, commercial, and hospitality projects across Dubai’s most sought-after locations. The tower rises prominently on the Dubai Water Canal waterfront, offering residents unobstructed views of the canal, the Dubai skyline, and key city landmarks.

The development comprises 20 floors of studios, one-, and two-bedroom apartments designed with clean lines, premium finishes, and an emphasis on natural light. Interiors feature floor-to-ceiling glazing, German sanitary ware, and branded kitchen appliances as standard. The building’s shared amenities span an outdoor pool with canal deck, a fully equipped gym, a dedicated spa zone, 24/7 security, and an elegant ground-floor lobby with concierge service.

Business Bay Community

• → Dubai Water Canal promenade — 1.5 km waterfront walkway at your doorstep
• → Business Bay Metro Station — 3-minute walk, Red Line connectivity
• → Dubai Mall and Downtown — 5-minute drive
• → Dubai International Financial Centre (DIFC) — 6-minute drive
• → Dubai Design District (D3) — 7-minute drive
• → Rashid Yachts and Marina — 8-minute drive
• → Dubai Healthcare City — 10-minute drive
• → Dubai World Trade Centre — 12-minute drive
• → Jumeirah Beach and City Walk — 15-minute drive
• → Dubai Marina and JLT — 15-minute drive
• → Palm Jumeirah — 20-minute drive

Amenities

• → Outdoor swimming pool (25m) with canal deck and sun loungers
• → State-of-the-art fitness centre with free weights and cardio zone
• → Dedicated spa, sauna, and steam room
• → 24/7 security with CCTV surveillance and controlled access
• → Covered basement parking with EV charging stations
• → Elegant lobby with full-time concierge and guest reception
• → Business centre with meeting rooms and co-working space
• → High-speed passenger and service elevators
• → Landscaped podium garden with shaded seating areas
• → Children’s play area and outdoor sports zone
• → On-site maintenance team and property management
• → Retail units and café on ground floor
• → Package room and temperature-controlled storage
• → Guest suites for visiting friends and family
• → Rooftop terrace with panoramic city and canal views

Studio Layout

The studio at Peninsula Four Tower B is designed to maximise every square foot without compromising on comfort. The open-plan layout creates a seamless flow between the living, dining, and kitchen zones, while full-height windows flood the space with natural light and frame the canal views.

• → Open Living Area — 25 sqm with kitchen, lounge, and dining in one open space
• → Integrated Kitchen — German-built cabinetry with premium countertop and appliances
• → Sleeping Area — 12 sqm with fitted wardrobe and blackout provisions
• → Master Bathroom — German sanitary ware, rainfall shower, and heated towel rail
• → Private Balcony — 5 sqm with direct canal or city views
• → Built-in Storage — Floor-to-ceiling wardrobes and utility storage
• → Floor-to-Ceiling Glazing — Double-glazed units for thermal and acoustic insulation
• → Smart Home Ready — Pre-wired for home automation and high-speed connectivity

Net interior: 47 sqm (513 sq ft). Balcony: 5 sqm. Total: 52 sqm (560 sq ft).

For the full floor plan and unit specifications, contact us at [email protected] or call +971 50 123 4567.

Payment Plan

Select Group offers one of the most competitive off-plan payment structures in Business Bay:

• → 5% — Booking Fee — AED 57,000 (non-refundable, secures the unit)
• → 15% — Within 60 Days — AED 171,000 (first milestone payment)
• → 55% — During Construction — AED 627,000 (Quarterly or milestone-based)
• → 25% — On Handover (Q2 2026) — AED 285,000 (final payment on ownership transfer)

Total: AED 1,140,000 | Bank financing available up to 75% LTV for eligible buyers.

Additional benefits: 6-month post-handover grace period, interest-free instalments during construction, penalty-free payment upgrades, and direct developer transfer options.

Location and Drive Times

Peninsula Four Tower B is strategically positioned in Business Bay — Dubai’s commercial and lifestyle hub — with direct access to the Dubai Water Canal waterfront and the wider city’s road network via Sheikh Zayed Road (2 min) and Downtown Dubai (5 min).

• → Business Bay Metro Station — 3-minute walk (Red Line)
• → Dubai Mall / Downtown Dubai — 5-minute drive
• → Dubai International Airport (DXB) — 10-minute drive
• → DIFC (Financial Hub) — 6-minute drive
• → Dubai Design District (D3) — 7-minute drive
• → Rashid Yachts and Marina — 8-minute drive
• → Creek Harbour and Dubai Safari Park — 12-minute drive
• → Dubai Marina and JLT — 15-minute drive
• → Palm Jumeirah and Atlantis — 20-minute drive
• → Al Maktoum Airport (DWC) — 40-minute drive

Why Invest in Peninsula Four Tower B?

• → Below-market entry price — 0.6% discount on a AED 1.14M property with proven developer
• → Strong rental demand — Business Bay studios command AED 60,000–90,000/year in gross rent
• → Capital appreciation — Downtown adjacent with canal-front premium on handover
• → Select Group track record — Completed projects include Peninsula ONE, The Binary, and Bay Square
• → Flexible payment structure — Spread AED 1.14M over 4 years with only 5% to book
• → Premium canal-front location — Dubai Water Canal is the city’s newest lifestyle corridor
• → High-demand unit type — Studios in Business Bay consistently achieve sub-5% vacancy rates
• → Low maintenance — Studio units require minimal upkeep, ideal for out-of-town investors
• → Resale and exit flexibility — Developer transfer process takes 5–7 working days
• → Growing neighbourhood — Business Bay sees continuous new F&B, retail, and office demand

Frequently Asked Questions

Is the 0.6% discount real and confirmed?

Yes. The developer is offering a promotional price of AED 1,140,000 on this specific unit — down from the original list price of AED 1,147,000. This is reflected in the booking form and SPA. The discount represents an AED 7,000 saving for the buyer at the point of purchase.

Who is Select Group as a developer?

Select Group is a UAE-based property development company established in 2005. Their portfolio includes residential towers in Business Bay, Jumeirah Beach Residence, Dubai Marina, and Downtown Dubai. Completed projects include Peninsula ONE, The Binary, Bay Square, and several villa communities in Sharjah. They are registered with Dubai Land Department and have a track record of on-time handover.

What is the expected rental yield for this studio?

Based on current market data, studios in Business Bay achieve gross rental yields of 6–8% per annum. At AED 1,140,000 purchase price, this translates to estimated annual rent of AED 68,000–91,000. Net yield after service charges (approximately AED 8–10 psf/year) is approximately 5.5–7%.

Can I get bank financing for this property?

Yes. Most UAE banks offer up to 50% loan-to-value (LTV) financing for off-plan properties from approved developers. Select Group is DLD-approved, meaning most major banks — ENBD, Emirates NBD, ADCB, Mashreq, and FAB — will consider financing for this property. We recommend speaking to our mortgage advisor for a pre-approval within 48 hours.

What are the service charges and maintenance fees?

Estimated service charges are AED 8–12 per sq ft per year, payable post-handover. For a 513 sq ft studio, this equates to approximately AED 4,100–6,200 per year or AED 340–515 per month. The developer has not yet confirmed the final service charge rate, which will be set by the building’s owners’ association upon completion.

When is the exact handover date?

The developer has indicated Q2 2026 (April–June 2026) as the anticipated handover window. As an off-plan property, dates may be subject to a tolerance of up to 90 days per DLD regulations. We will notify all buyers of any changes to the handover schedule as communicated by Select Group.

Can I resell or transfer the unit before handover?

Yes. Select Group allows Oqood (developer undertaking) transfers. The transfer process takes approximately 5–7 working days and incurs a transfer fee of AED 2,000 + 4% DLD transfer fee (calculated on the original SPA price of AED 1,147,000). Some developers also charge a transfer admin fee of up to AED 500.

Is this property suitable for a first-time investor?

Absolutely. The combination of a reputable developer, below-market entry price, flexible payment plan, strong rental demand, and a prime Business Bay location makes this studio an excellent first investment. We offer a dedicated investor advisory service that covers mortgage referral, rental management, and resale strategy — all at no additional cost to the buyer.

What is the total cost including DLD fees and registration?

On a purchase price of AED 1,140,000, approximate additional costs are: DLD transfer fee (4%) = AED 45,600 + AED 580 agency fee + AED 4,000 Oqood registration = AED 50,180. Total acquisition cost: approximately AED 1,190,180. Post-handover, the 8% deposit (AED 91,200) is paid to the developer and the remaining 92% (AED 1,048,800) is paid via financing or bank transfer.

Are there other units available in Peninsula Four Tower B?

Yes. Select Group is offering a limited collection of studios, one-bedroom, and two-bedroom units across this and adjacent towers in the Peninsula masterplan. Pricing varies by floor, view, and unit type. Contact us to receive the full availability matrix and floor-by-floor pricing for Peninsula Four Tower B.

Disclaimer: All information is provided in good faith and based on data available at the time of publishing. Prices, payment plans, and specifications are subject to change by the developer. Images are for illustrative purposes only. Prospective buyers should conduct their own due diligence and seek independent legal and financial advice before making a purchase decision.

Contact Distress Property Finder today to arrange a viewing or reserve this unit before it is gone.