Distress Sale: Furnished Studio with Burj Khalifa View in Peninsula One, Business Bay, Dubai

Fully Furnished Studio in Peninsula One — Below Market Price | AED 1,160,000 | Ready to Move In

This is an exceptional and time-sensitive distress opportunity to acquire a fully furnished studio apartment on a mid-floor of Peninsula One, one of Business Bay’s most sought-after waterfront residential towers developed by Select Group. Offering a direct Burj Khalifa view and a practical layout exceeding 400 sq ft, the unit is priced at AED 1,160,000 — representing a reduction of AED 190,000 from the previous asking price of AED 1,350,000. The apartment is ready to move in, fully furnished, and positioned in one of Dubai’s most liquid and high-demand communities, making it equally compelling for investors seeking immediate rental income and owner-occupiers seeking a premium Business Bay address below current market levels.

Property Highlights

• Project: Peninsula One
• Developer: Select Group
• Community: Business Bay, Dubai, United Arab Emirates
• Property Type: Studio Apartment
• Internal Size: 400+ sq ft
• Furnishing: Fully Furnished
• View: Burj Khalifa View
• Floor: Medium Floor
• Previous Price: AED 1,350,000
• Distress Asking Price: AED 1,160,000
• Buyer Saving: AED 190,000 below previous listing price
• Status: Ready | Vacant | Distress Sale
• Parking: Available on request
• Ownership Type: Freehold — open to all nationalities

About Peninsula One, Business Bay

Peninsula One is a landmark residential tower by Select Group, situated within the Peninsula master community on the Dubai Water Canal waterfront in Business Bay. Select Group is one of the UAE’s most established and respected private real estate developers, with a proven track record of delivering high-quality residential projects across Dubai and internationally. Peninsula One forms part of a carefully planned waterfront cluster alongside Peninsula Two, Three, and Four — creating a self-contained canal-front community with activated promenades, retail, and dining directly on the water. The tower is known for its clean architectural lines, well-specified interiors, and strong investor demand, consistently recording healthy rental yields and occupancy rates within Business Bay’s competitive market.

Community & Lifestyle

• Business Bay is Dubai’s premier mixed-use business and residential district, directly adjacent to Downtown Dubai and the Burj Khalifa precinct.
• The Dubai Water Canal runs through the community, offering residents waterfront promenades, cycling tracks, and canal views.
• Home to a dense concentration of multinational corporations, financial institutions, hotels, and retail — sustaining consistent demand from executive tenants.
• Walking distance to some of Dubai’s finest dining, the Dubai Mall, Souk Al Bahar, and the Burj Khalifa.
• Ideal for single professionals, executives, and investors seeking a high-liquidity, centrally located Dubai asset.
• A perpetually high-demand rental community with strong occupancy and low vacancy rates year-round.

Amenities

• Infinity-edge swimming pool with canal and city views
• Fully equipped state-of-the-art gymnasium
• Waterfront promenade and landscaped podium deck
• 24-hour concierge and security services
• Covered resident parking (details available on request)
• Retail and dining at podium level
• High-speed passenger elevators
• Children’s play area
• Multipurpose community room and co-working spaces
• Direct canal-front access and walking path

Layout & Floor Plan

This studio apartment spans in excess of 400 sq ft and features an open-plan living, sleeping, and dining area with a fully fitted kitchen and a contemporary bathroom. The unit is delivered fully furnished, meaning it is ready for immediate occupation or tenancy without any additional investment. The mid-floor position offers an unobstructed Burj Khalifa view, adding significant visual and market appeal. A detailed floor plan for this studio unit in Peninsula One, Business Bay — including exact room dimensions, furniture layout, and balcony specifications — is available on request. Please contact us for the unit-specific floor plate and stack orientation.

Payment & Handover

This is a ready, vacant unit available for immediate transfer. The property is fully furnished and can be leased or occupied the moment the transaction is complete. The previous asking price was AED 1,350,000; the seller is now accepting AED 1,160,000 in a genuine distress situation. Standard costs applicable to the buyer include a 4% Dubai Land Department (DLD) transfer fee on the purchase price, an agency commission, and applicable trustee/registration fees. No developer payment plan applies as this is a secondary market ready transaction. A full cost breakdown including DLD, NOC (if applicable), and agency fees is available on request. We recommend requesting this before proceeding.

Location & Connectivity

• Burj Khalifa / The Dubai Mall: Approximately 5–8 minutes by car or 15–20 minutes on foot
• DIFC (Dubai International Financial Centre): Approximately 5–10 minutes by car
• Dubai Marina / JBR: Approximately 20–25 minutes by car
• Dubai International Airport (DXB): Approximately 20 minutes by car
• Palm Jumeirah: Approximately 25–30 minutes by car
• Metro Access: Business Bay Metro Station (Red Line) within walking distance
• Key Roads: Direct access to Sheikh Zayed Road (E11) and Al Khail Road (E44)
• Dubai Water Canal: Directly on the canal waterfront with promenade access

Why Invest in Peninsula One, Business Bay

• Immediate Below-Market Entry: At AED 1,160,000, this unit is priced below current market comparables for furnished Burj Khalifa-view studios in Peninsula One, offering instant equity potential.
• Ready Asset — Zero Waiting: No off-plan risk; the unit is ready, furnished, and generating rental income the moment it is transferred.
• Burj Khalifa View Premium: View apartments in Business Bay consistently command higher rental rates and resale premiums, improving both yield and liquidity.
• Select Group Pedigree: Peninsula One’s developer is widely regarded for quality construction and project delivery, maintaining strong demand from discerning buyers and tenants.
• High Rental Demand: Business Bay studios with canal or Burj Khalifa views are among the most actively sought rental units in Dubai, attracting corporate, executive, and short-term tenancy demand.
• Superior Connectivity: Business Bay Metro Station, Sheikh Zayed Road, and Al Khail Road give this location unmatched accessibility across the entire emirate.
• Freehold Title: Available to all nationalities, ensuring a broad pool of future buyers and tenants supporting strong exit liquidity.

Frequently Asked Questions (FAQs)