Distress Deal – 1-Bedroom Apartment in Peninsula 4 Tower A by Select Group, Business Bay, Dubai
Ref: PEN4-A-1BR-860-001
Business Bay, United Arab Emirates
Bedrooms
1Down Payment
On RequestHandover Date
Q2-2027Request_call
Description
Distress Deal – 1-Bedroom Apartment in Peninsula 4 Tower A, Business Bay, Dubai
17% Below OP+DLD | High Floor | 860 Sqft | AED 1,960,000 | 40% Payment Plan | Handover Q2 2027
One of the most aggressively priced distress listings currently available on the Dubai Canal — a high-floor 1-bedroom apartment in Peninsula 4 Tower A by Select Group, Business Bay, Dubai. Priced at AED 1,960,000, this unit is being offered at 17% below the original price plus DLD, representing a saving of AED 340,000 below the original purchase price of AED 2,300,000 alone — and a total all-in cost advantage of approximately AED 432,000 when the original buyer’s DLD outlay of AED 92,000 is factored in. A 40% payment plan arrangement is available, making this accessible to buyers who do not need to deploy the full purchase price immediately. Handover is targeted for Q2 2027. For an investor or end-user seeking maximum value in one of Dubai’s most coveted canalside communities, this listing demands urgent attention.
Property Highlights
- Property Type: Apartment
- Developer: Select Group
- Project: Peninsula 4 – Tower A
- Community: Business Bay, Dubai Canal
- Bedrooms: 1 Bedroom
- Size: 860 sqft
- Floor: High Floor
- Selling Price: AED 1,960,000
- Original Price (OP): AED 2,300,000 + DLD
- DLD on Original Price: AED 92,000 (4%)
- Saving vs Original Price: AED 340,000 (≈14.8%)
- Saving vs OP + DLD: AED 432,000 (≈17%)
- Payment Structure: 40% payment plan remaining
- Handover: Q2 2027
- Status: Distress Property – Off-Plan Resale – Near to Handover
- Ownership: Freehold – Open to All Nationalities
Breaking Down the 17% Saving — What It Really Means
The 17% below OP+DLD headline represents one of the steepest discounts currently recorded on a Peninsula unit in Business Bay. Here is the full financial picture for a buyer considering this unit:
- Original Purchase Price (OP): AED 2,300,000
- Original DLD (4%): AED 92,000
- Original All-In Cost: AED 2,392,000
- Selling Price (SP): AED 1,960,000
- Saving vs OP: AED 340,000 (14.8%)
- Saving vs OP + DLD: AED 432,000 (≈17%)
- New Buyer’s DLD (4% on SP): AED 78,400
- New Buyer’s Total All-In: AED 2,038,400 + NOC + remaining costs
- Vs Original All-In: Buyer saves approximately AED 353,600 in total landed cost
This means the new buyer enters at a price that reflects genuine market erosion for the seller — before the Peninsula 4 building completes and market comparables are reset by handover transactions.
About Peninsula 4 Tower A by Select Group
Peninsula is Select Group’s flagship residential masterplan in Business Bay, Dubai — a series of towers positioned directly on the Dubai Canal waterfront, collectively forming one of the most prominent canalside residential developments in the emirate. Peninsula 4 Tower A is among the taller and more recently launched towers within the Peninsula collection, offering high-floor residents sweeping views of the Dubai Canal, the Business Bay skyline, and the Downtown Dubai horizon anchored by the Burj Khalifa. Select Group is a privately held, award-winning developer with an extensive portfolio of premium completed developments in Business Bay, Dubai Marina, and across the UAE, known for delivering canal-facing and waterfront residences to a consistently high specification.
Community and Lifestyle – Business Bay, Dubai Canal
- Business Bay is Dubai’s most active commercial and residential district — a live-work-play environment directly adjacent to Downtown Dubai
- Peninsula sits on the Dubai Canal waterfront with a dedicated canalside promenade, retail, and F&B strip
- Walking distance to Downtown Dubai, Dubai Mall, Burj Khalifa, and the Dubai Fountain
- Direct access to the Dubai Canal cycling and running track — 12km of uninterrupted waterway pathway
- Surrounded by five-star hotels, Michelin-adjacent restaurants, rooftop bars, and premium lifestyle destinations
- World-class business infrastructure: DIFC, ICD Brookfield Place, and major corporate headquarters within minutes
- RTA Water Taxi and Dubai Canal ferry services accessible from the peninsula’s waterfront
- Strong and proven rental market: Business Bay consistently delivers among the highest 1-bedroom rental yields in Dubai
Amenities
- Infinity-edge swimming pool with Dubai Canal views
- Fully equipped gym and fitness centre
- Yoga and wellness studio
- Residents’ lounge and social spaces
- Children’s pool and play area
- Rooftop terrace and outdoor recreational deck
- Covered allocated parking space
- 24-hour concierge, lobby services, and security
- High-speed lifts and smart building management
- Direct access to Peninsula canalside promenade, retail, and F&B
- RTA Water Taxi stop — Dubai Canal waterfront access
- Full amenity specifications subject to latest Select Group developer confirmation
Layout and Floor Plan
This 1-bedroom apartment in Peninsula 4 Tower A spans 860 sqft on a high floor — a notably spacious footprint for a 1-bedroom in Business Bay, where the average 1-bedroom unit in newer towers typically ranges between 600 and 800 sqft. The additional size translates directly into a more liveable layout with greater separation between living and sleeping areas and a more generous balcony with canal or skyline views. The apartment is expected to include an open-plan living and dining area, a fully fitted kitchen with Select Group’s premium integrated appliances, a master bedroom with built-in wardrobes and en-suite bathroom, a guest washroom, and a balcony with elevated canal and city views. Detailed floor plans for this unit in Peninsula 4 Tower A are available on request.
Payment and Handover
This is an off-plan resale at a distress price of AED 1,960,000 — 17% below the original price plus DLD paid by the current seller. A 40% payment plan is available, meaning the buyer does not need to pay the full purchase price immediately. The exact split — how much has been paid to Select Group by the seller and how the remaining 40% is structured toward handover — is to be confirmed based on the original Select Group SPA and current payment history. Handover is targeted for Q2 2027. Standard transaction costs:
- Selling Price: AED 1,960,000
- Original Developer Price: AED 2,300,000 + DLD
- Saving vs OP + DLD: AED 432,000 (≈17%)
- Available Payment Structure: 40% remaining on payment plan
- Dubai Land Department Transfer Fee: 4% of SP = AED 78,400
- DLD Registration Fee: AED 4,000
- Developer NOC Fee: Applicable — to be confirmed with Select Group
- Remaining Developer Instalments: To be confirmed based on original Select Group payment plan
- Agency / Brokerage Fee: Available on request
- Handover: Q2 2027 — confirm latest schedule with Select Group
Location and Connectivity
- Burj Khalifa and Dubai Fountain: Approximately 5–8 minutes by car or walkable via canal promenade
- Dubai Mall: Approximately 5–8 minutes by car
- DIFC: Approximately 5–8 minutes by car
- Downtown Dubai: Approximately 5 minutes by car
- City Walk: Approximately 8–12 minutes by car
- Dubai International Airport (DXB): Approximately 15–20 minutes by car
- Sheikh Zayed Road (E11): Approximately 5 minutes
- Al Khail Road (E44): Approximately 5 minutes
- RTA Water Taxi (Dubai Canal): Accessible from Peninsula waterfront
- Business Bay Metro Station: Approximately 5–8 minutes by car or 15 minutes on foot
Why This Distress Deal in Peninsula 4 Is Exceptional
- 17% below OP+DLD — among the steepest recorded discounts on a Peninsula unit; the buyer effectively acquires over AED 400,000 of equity at entry
- 860 sqft is significantly above average for a 1-bedroom in Business Bay — commands a rental premium over smaller competing units
- High floor delivers canal and skyline views that consistently achieve higher rents than mid or low-floor equivalents
- 40% payment plan reduces the immediate capital requirement — accessible to a wider buyer pool than a full cash deal
- Q2 2027 handover — short runway to rental income or occupancy in one of Dubai’s highest-yielding residential districts
- Select Group’s proven delivery track record in Business Bay supports buyer confidence in the handover timeline
- Dubai Canal frontage is a permanent, non-replicable asset — the waterway view and promenade access cannot be built out by future competition
- Freehold ownership — open to all nationalities; UAE Golden Visa eligible at this investment level
Frequently Asked Questions (FAQs)
What is the selling price and what does 17% below OP+DLD actually mean in AED terms?
The unit is listed at AED 1,960,000. The original buyer paid AED 2,300,000 plus DLD of AED 92,000 — a total original all-in cost of AED 2,392,000. The new buyer at AED 1,960,000 saves AED 340,000 versus the original price alone, or approximately AED 432,000 when the DLD savings on the seller’s original transaction are included. The new buyer’s DLD at 4% is calculated on AED 1,960,000 (AED 78,400), not on the original price, representing a further AED 13,600 saving on that line item alone.
Why is this listed as a distress property?
The seller is exiting their position at a substantial loss — both below their original purchase price and below the DLD they paid at the time of original purchase. This typically indicates a seller facing financial pressure, liquidity needs, or a change in personal circumstances that requires a quick sale before handover. For a buyer, this creates a rare opportunity to enter a Peninsula canalside unit at a price that may be significantly below current and future market valuations.
Who is the developer of Peninsula 4 in Business Bay?
Peninsula 4 Tower A is developed by Select Group, a privately held, award-winning developer with a well-established portfolio of premium residential and mixed-use projects in Business Bay, Dubai Marina, and across the UAE. Select Group has an active and proven delivery track record in Business Bay specifically, with multiple completed towers in the Peninsula series and other Business Bay addresses.
What is the size of this apartment and why does 860 sqft matter?
This 1-bedroom apartment spans 860 sqft — noticeably larger than the typical 1-bedroom unit in Business Bay, which generally ranges between 600 and 800 sqft in newer towers. The additional size creates a more spacious and liveable layout and directly translates to a higher rental rate, since tenant demand in Business Bay consistently favours larger, well-proportioned units. The bigger footprint also supports stronger resale demand at handover.
What views does the high floor in Peninsula 4 Tower A offer?
High-floor units in Peninsula 4 Tower A are positioned to offer views of the Dubai Canal, the Business Bay district skyline, and the Downtown Dubai horizon with the Burj Khalifa as a centrepiece. The exact view orientation for this specific unit — canal facing, park facing, or city facing — is available on request. Please contact our team for unit-specific view details.
What is the 40% payment plan and how does it work for a buyer?
The 40% payment plan means that 40% of the total purchase price remains on a structured payment schedule — either split between now and handover, or due at handover in Q2 2027. This reduces the immediate capital a buyer needs to deploy versus a full-cash purchase. The exact payment dates and amounts are determined by the original Select Group SPA and must be confirmed with our advisory team and the developer before proceeding. This structure makes the deal accessible to a broader range of investors and end-users.
Is Peninsula 4 freehold and can all nationalities purchase here?
Yes. Business Bay is a designated freehold area in Dubai, open for purchase by all nationalities under UAE property law. At AED 1,960,000, buyers are also likely eligible to apply for a UAE residency visa — please enquire for the current investment thresholds and eligibility conditions.
When is the handover for Peninsula 4 Tower A?
Handover is targeted for Q2 2027. Buyers should confirm the most current handover timeline directly with Select Group or our advisory team before finalising any purchase. Developer schedules may be subject to update as the project progresses toward completion.
What is the rental yield potential for an 860 sqft 1-bedroom in Peninsula, Business Bay?
Business Bay consistently ranks among the highest-yielding residential districts in Dubai for 1-bedroom apartments. The Peninsula canalside address, high-floor position, and 860 sqft size — well above the Business Bay average — collectively support a rental rate premium over standard units. Detailed gross and net yield projections for this specific unit are available on request from our investment advisory team.
How do I proceed to secure this unit or access full details?
At 17% below OP+DLD with a 40% payment plan on a Q2 2027 handover, this is one of the highest-value distress entries currently available in Business Bay. Serious buyers are encouraged to act quickly. Contact our team via the enquiry form or WhatsApp to receive the full floor plan, payment plan breakdown, Select Group SPA summary, and to arrange a viewing or developer consultation. Speed of response will be prioritised for committed buyers.
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