Peninsula Four

Two distinct tiers define Peninsula Four's unit mix, and the price per sqm difference between them is a key input for investors choosing between compact yield plays and slightly larger one-bed positions. The first tier covers 110 studios from 46 to 48 sqm, priced between AED 1.25M and AED 1.45M — a per-sqm range of approximately AED 27,174 to AED 30,208 depending on floor and orientation. The second tier covers 111 one-bedroom units from 77 to 80 sqm, priced between AED 1.95M and AED 2.25M, translating to approximately AED 25,324 to AED 28,125 per sqm. Studios carry a marginally higher per-sqm premium than the one-beds, which is the standard relationship in canal-adjacent Business Bay stock where compact format and lower absolute ticket size drive faster absorption and higher liquidity. Before modelling yield, stack the full acquisition cost correctly: the 4% buyer-side fee adds AED 50,000 to a AED 1.25M studio purchase and AED 78,000 to a AED 1.95M one-bed, before Dubai Land Department transfer fees. The 1,189 tracked transactions across this project are a significant data asset — more secondary market evidence than most off-plan launches produce at this stage — which reduces valuation uncertainty when pricing against comparable Business Bay stock. Buyers who want to weigh off-plan entry risk against ready unit availability should review the off-plan versus ready comparison before finalising the acquisition structure.

Peninsula Four carries a Q1 2026 handover target, but the construction schedule is currently 6.63% behind plan. Since today falls within that stated handover window, the lag is immediately consequential for buyers who have modelled income yield or financing drawdown against a March 2026 completion. A 6.63% shortfall at nominal handover, on a project of this density and canal-adjacent complexity, typically reflects final fit-out, MEP commissioning, and authority sign-off sequencing rather than structural delay — but the effect on cash flow timing is the same regardless of cause. Buyers should treat Q2–Q3 2026 as the realistic delivery band for most units until Select Group issues a revised completion certificate date in writing. Request that certificate date before signing any sale and purchase agreement that references the Q1 2026 timeline. Investors comparing this project against ready alternatives in Business Bay will find the off-plan versus ready analysis useful for quantifying the actual cost of the delay period against the price differential between off-plan and resale.

Business Bay is Dubai's densest mixed-use district, occupying the canal corridor immediately south of Downtown Dubai. Canal-facing units in this zone consistently command a 15–20% premium over equivalent internal stock — a premium Peninsula Four's positioning within the Select Group canal cluster directly captures. The district's studio and one-bed rental market has absorbed substantial new supply over the past three years without yield compression below 6.5% at the entry tier, making it more resilient for investors at the AED 1.25M–2.25M ticket size than Downtown Dubai, where yields have compressed under capital value pressure. Business Bay's Dubai Canal Walk promenade and direct water access are the two physical attributes that sustain tenant demand independent of macro rate cycles — both features that Select Group's Peninsula masterplan was engineered around. Select Group 2 has built a concentrated development presence in this specific canal sub-zone across multiple Peninsula phases, which supports resale confidence in a district where developer credibility and masterplan coherence directly affect secondary pricing. Buyers entering at AED 1.25M here are buying into an established waterfront cluster with a transaction history, not a speculative early-phase land release.

Select Group's Dubai Canal portfolio spans a wide product range. Six Senses Residences Marina represents the developer's premium tier — significantly higher entry pricing with a branded hotel operator component that changes the buyer profile, the yield structure, and the resale market entirely. If branded residences with amenity management are part of the evaluation, Six Senses Residences Marina defines the upper boundary of the Select Group range and provides a direct contrast to Peninsula Four's unbranded compact format. For buyers focused specifically on the mid-market canal product that Peninsula Four represents, the clearest comparable evidence sits within the completed Peninsula phases: reviewing delivered units for handover quality, post-completion transaction prices, and rental absorption gives more useful intelligence than developer marketing materials. Select Group 2 across all active launches is the full comparison set. The move from Peninsula Four to Six Senses Residences Marina is not a like-for-like upgrade — it is a different asset class with a different hold strategy and a different liquidity profile.

Five Business Bay launches deserve direct pricing comparison before Peninsula Four moves to selection. Haus of Tenet targets a comparable entry-level buyer profile in Business Bay with a different unit mix and developer — compare handover timeline and per-sqm pricing directly before selecting between them. Aykon City 3 by DAMAC sits in the same canal corridor with a materially different developer scale and track record; its pricing affects how Peninsula Four's per-sqm figure benchmarks against canal-adjacent supply from a competing Tier 1 developer. Artistry Residences and Artistry Residences 2 both offer competing entry positions in the district at price points worth running against Peninsula Four's studio tier before committing. Buyers considering commercial exposure in Business Bay rather than residential should review Bearau Lamar Commercial Tower to compare commercial yield mechanics against the residential net yield Peninsula Four targets. All five projects feed directly into the Business Bay supply and absorption picture that determines how quickly Peninsula Four units lease and at what rental premium over the district average — the Business Bay area overview gives the broader context needed to evaluate all of them together. Browse all off-plan projects to extend the comparison beyond Business Bay if your criteria allow geographic flexibility.