AED 1,140,000
| Deal type | Off-Plan Distress |
| Price | AED 1,140,000 |
| Size | 513 sq.ft |
| Type | Apartment |
| Status | OFF PLAN |
| Handover | Q2 2026 |
| Area / Master development | Business Bay |
| Community | Business Bay |
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.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.
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.
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.
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%.
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.
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.
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.
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.
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.
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.
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.
Buyer costs
Dubai transfer costs for an off-plan unit. Every figure editable — NOC is set by the developer and varies.
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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
Off-plan: UAE lenders generally finance at handover. Plan the position you will be in.
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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.
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