Peninsula Four, The Plaza 1BR Apartment in Business Bay — Burj Khalifa View, Distress Deal

A ready opportunity has emerged in one of Business Bay’s most anticipated waterfront developments

This one-bedroom apartment in Peninsula Four, The Plaza sits above the 40th floor, delivering unobstructed Burj Khalifa views across the Dubai Canal skyline. Handover is scheduled for Q2 2026, giving buyers and investors the advantage of an early position in a near-complete tower. The unit is listed at five percent below its original purchase price, a genuine distress deal that rarely surfaces in this submarket.

Unit Features

– One-bedroom apartment
– Two bathrooms
– 826 ft² / 77 m²
– Above 40th floor
– Direct Burj Khalifa view
– Q2 2026 handover
– Distress deal below original price

Complex Amenities

– Waterfront promenade access
– Swimming pools
– Fully equipped gymnasium
– Retail and dining at podium level
– Landscaped plaza and communal spaces

Architecture & Concept

Peninsula Four, The Plaza is the culmination of Select Group’s Peninsula masterplan along the Dubai Canal. The tower’s slim silhouette and full-height glazing are designed to frame the city skyline from every elevation. Interiors follow a contemporary residential language with clean lines and quality finishes throughout.

About the Developer

Select Group is a well-established UAE developer with a strong delivery record across Business Bay and Dubai Marina, known for high-specification canal-front projects.

Location & Benefits

– Business Bay, Dubai Canal waterfront
– Approximately five minutes to Downtown Dubai
– Approximately ten minutes to DIFC
– Walking distance to canal promenade, cafes, and retail
– Easy access to Sheikh Zayed Road and Al Khail Road
– Strong public transport links nearby

Investment Appeal

– High rental demand from corporate and professional tenants
– Business Bay consistently records strong leasing volumes
– Canal-facing high-floor units show above-average liquidity
– Skyline views underpin long-term value retention
– Entry at below original purchase price offers immediate equity advantage
– Completion proximity reduces off-plan wait risk

Frequently Asked Questions

Q: What is the current status of the project?
A: Peninsula Four, The Plaza is due for handover in Q2 2026, meaning buyers are acquiring a near-complete asset.

Q: Why is the unit listed below its original purchase price?
A: The seller is in a distress situation and has priced the unit at approximately five percent under the original purchase price to secure a fast transaction.

Q: Is a high-floor Burj Khalifa-view unit in Business Bay a liquid asset?
A: Yes, this specific combination of floor level, view, and waterfront location places the unit in one of the most in-demand categories in the Business Bay resale and rental market.

To find out more or to arrange a viewing, please use the enquiry form on this page.