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Business Bay

Peninsula

4 BR · Apartment · 5 bathrooms

Price history

Listed since 12 December 2025. The price has been cut 2 times — dates and figures from the listing itself.

  1. 24 March 2026 AED 8,800,000
  2. 14 April 2026 AED 8,000,000 -9%
  3. 7 September 2026 AED 7,600,000 -5%

About the community

A residential community in Business Bay. Developer — Select Group. Architect — Brewer Smith Brewer Group.

Specifications for Peninsula per Propsearch and the Dubai Land Department. They describe the whole community, not the individual unit.

Where it is

Business Bay

The canal district next to Downtown: conceived as offices, built mostly as apartments, now one of the most tenanted parts of the city.

  • central location at a discount
  • short-let on the canal
  • deep tenant demand

What to check: Quality varies enormously between towers here. Walk the building on a normal weekday and get three years of service charge history before you offer — in Business Bay the building matters far more than the district average.

Full district guide →
Video

Video on this project

Handover payment

A mortgage covers the final instalment

The final payment on this building falls in 2026 — under off-plan plans that is 40–60% of the price in one go. A UAE bank closes it: the flat becomes the security, and nothing is added on top of what the developer has already been paid.

  • Up to 80% of the appraised value, no extra down payment
  • 3.99% fixed for three years, up to 25 years in term
  • 6–12 months before the keys — the bank wants six months of income history

Already been invoiced, or missed the date? That is not a dead end either — write and we will look at what the developer will accept.

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