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JH-2609 · Ready

Peninsula Four, The Plaza

Business Bay · 1 bed · 831 sq ft

Impression of Peninsula Four, The Plaza: two glass towers on a podium beside the Dubai Water Canal with a waterfront plaza
Impression generated from the published design, not a photograph

A ready canal-side one-bed with a credible rental case, while near-term supply limits the appreciation case.

Asking price
USD 545 KAED 2.00 M
Modelled net yield
4.5%
Data confidence
Moderate
Best aligned with
  • Rental income
  • Portfolio diversification
Less convincing for
Near-term capital appreciationCompletions through 2027 and 2028 in the same segment weigh on an early exit.

Reviewed 12 Sept 2026 · Illustrative: a real development, priced from what was on the market; the figures are ours, dated, and not an offer or advice

Why this is on our list

  1. Ready now

    Newly handed over: no construction period to wait through.

  2. Canal-side Business Bay

    A Select Group tower on the canal, where the canal-side stock lets quickly.

  3. Priced within the range

    Ready one-beds here are asking AED 2.0 to 2.45M, and this one sits at the foot of that range.

What could undo the case: Supply.

Business Bay carries a wave of completions through 2027 and 2028 in the same segment, and a new building has no letting history of its own yet.

The facts

Each figure with its basis and its date.

Asking price
USD 545 K(AED 2.00 M)
Asking price as at 12 Sep 2026
Modelled net yield
4.5%
Base case, after the service charge, a management fee and a void allowance
Area
831 sq ft
From the listing
Stage
Ready
As at 12 Sept 2026
Service charge
4.90 USD / sq ft (AED 18.00)
2026 budget
Community
Business Bay
As listed
Unit
1 bed
From the listing
Profile
Balanced
What the money does here, in a word
Reference
JH-2609
Reviewed 12 Sept 2026
Impression of an apartment at Peninsula Four, The Plaza: floor-to-ceiling glass over the canal and the Downtown towers
Impression generated from the published design, not a photograph

How the income works

From the rent to what is left, before anything is called net.

  1. Market rentComparable lettings in the building or communityModelled
  2. Void allowanceOur assumption for the months between tenantsModelled
  3. Service chargeAED 18 a sq ft × 831 sq ft, 2026 budget−USD 4,073(AED 14,958) a year
  4. Management feeOur assumption for letting and managementModelled
  5. Net income4.5% of the asking priceAbout USD 24,506(AED 90,000) a year

4.5%Net yield, modelled, base case

The rent, the void and the fee are our own assumptions. Their figures are published with the full evaluation.

See full assumptions

The modelled net yield starts from the rent that comparable lettings in the same building or community are achieving and takes out the service charge, a management fee and a void allowance before anything is called net. The rent, the fee and the void are our own assumptions, dated 12 September 2026. The price is the asking price on the date shown, not a valuation.

No other cost, growth rate or exit figure is modelled for this property yet. Purchase costs, financing and tax depend on the buyer and are worked through in the full evaluation.

The market around it

  1. 2026Newly handed over and ready to let.
  2. 2027A wave of completions in the same segment.
  3. 2028The wave continues through the year.

This is why we prefer the rental case to the near-term exit case.

Impression of the setting of Peninsula Four, The Plaza: the canal-side promenade at dusk
Impression generated from the published design, not a photograph

How strong the evidence is

Confidence describes the evidence, not the investment.

What the word means: moderateEnough to model on and not enough to be sure of. The sources are named and recent, and what they cannot tell us yet is written down beside them.

Moderate confidence. Six ready one-bed listings in the building, September 2026; rents from Business Bay one-beds of the same size.

As at 12 Sept 2026

What would strengthen this view?

The building’s own letting record, once its first tenancies have run.

What we are watching

  • Supply

    Primary concern

    Completions through 2027 and 2028 in the same segment could weigh on rents and on how quickly a unit lets.

  • Letting history

    Still developing

    A new building has no letting history of its own yet. The rent is taken from Business Bay one-beds of the same size.

This is a screening view.

A full Jubilee Heights evaluation adds:

  • Scenario testing, with rent, void and exit moved together
  • A deeper review of the evidence, with its recency and its limits
  • Named risks, each with its effect and our response
  • A confidence assessment for every figure
  • A management review, signed, with its conditions

Interested in this opportunity?

Discuss Peninsula Four with us.