Holiday Homes in Peninsula Four, Business Bay

The building

Peninsula Four, The Plaza is part of Peninsula, the waterfront community Select Group has built on the Dubai Canal in Business Bay. It has two residential towers that face a landscaped plaza and the water, with homes from studios up to four-bedroom apartments and penthouses, plus a small set of low-rise waterfront duplex lofts.

The plaza itself is the centre of the wider community, planned with waterside restaurants, outdoor dining, boutique shops and gardens. Residents have a pool deck and a gym, and many homes look towards the Burj Khalifa, the Dubai skyline or the canal. Downtown Dubai is close by, and Dubai Marina and the older parts of the city are an easy drive.

The towers were handed over in 2026, so most owners are at the same point: keys in hand, an empty apartment, and a decision to make about what to do with it.

Who stays in Business Bay

Two kinds of guest keep a Business Bay apartment busy. The first books by the night: couples and families on holiday who want to be close to The Dubai Mall and the Burj Khalifa without paying hotel prices, and who like a balcony, a kitchen and a view. They come mostly in the cooler months and around big events in the city.

The second books by the month: people relocating to Dubai while they look for a permanent home, consultants on a project, and companies placing staff in the city for a few weeks at a time. Business Bay is one of the main office districts in Dubai, so these guests come all year, including the summer, when holiday demand is quieter.

Peninsula Four has a wide spread of layouts, and each suits a different guest. A studio suits a solo traveller or a professional on a short posting. A one-bedroom suits a couple. Two and three-bedroom apartments suit families and colleagues travelling together. A good operator prices and describes each one for the guest it fits best rather than treating them all alike.

Short stays or a yearly tenant

A yearly tenant is the simplest choice. One contract, one cheque schedule, very little to manage, and a predictable income. The trade-off is that the rent is fixed for the year whatever happens in the market, the apartment wears in whatever way the tenant lives in it, and you cannot use it yourself.

A holiday home takes more work, which is what a manager is for. The price can move with demand from night to night, the apartment is cleaned and checked after every stay, and you can block dates whenever you want to stay. Income varies by season, and there are running costs a yearly tenant would normally cover, such as utilities, internet and cleaning.

Many owners settle on a mix: nightly guests in the busy winter months and monthly guests through the summer. A monthly guest in a licensed holiday home is a booking, not a tenancy, so the apartment comes back to you when the stay ends. We are happy to talk through which route suits your apartment and your plans, including when a yearly tenant is the better answer.

Getting a new unit ready

A newly handed over apartment needs a little work before the first guest arrives. Start with a snagging inspection: a room-by-room check for the small faults that are common in new buildings, such as doors that do not close cleanly, sealant gaps, scratched surfaces or fittings that do not work. These are the developer's to put right, and it is far easier to get them fixed before the home is furnished and booked.

Then come the utilities and internet, the furnishing and a full inventory. Guests in Business Bay expect a good bed, blackout curtains, a working kitchen, fast Wi-Fi and a place to sit and look at the view. If your apartment is unfurnished, that is fine. Furnishing is part of what we do, and we tell you what we would buy, and why, before anything is ordered.

Can I put my Peninsula Four apartment on Airbnb?

Yes, as a licensed holiday home. Every home let by the night in Dubai needs a holiday home permit from the Department of Economy and Tourism, and the building's management has to allow short stays. We check where the building stands before anything else, and if short stays are allowed, we register your apartment under fäm Living's operator licence as part of onboarding.

Once it is live, we list it on Airbnb, Booking.com and our own site, set the price night by night, check every guest in, clean between stays and pay you out each month. You keep the ownership and the income, and you can block dates whenever you want to stay yourself.

What fäm Living does for an owner

fäm Living already runs holiday homes in many Business Bay towers, including Elite Business Bay Residence, Upside Living, MAG 318 and Bayz by Danube, as well as in Downtown Dubai. We do not run homes in Peninsula Four yet, so we would learn the building with you: how guest access works, how the management office prefers to be contacted and what its rules say about short stays.

From there the work is the same as anywhere we operate. We handle the permit, the furnishing and inventory, the photographs and the listings. We set prices that move with the season, Dubai's event calendar and the length of each stay. Every guest is checked before arrival and looked after during the stay, the home is cleaned and the linen changed after every booking, and maintenance is dealt with before it becomes your problem.

You see every booking, statement and payout in the owner portal.

Before you decide

What your apartment could earn depends on its size, floor, view and condition, and on the season. We quote from what comparable homes in Business Bay have actually booked rather than from a rule of thumb.

Our terms are agreed per property and set out in writing after a free consultation, before you sign anything. If you are still waiting on snagging or furniture, that is a good time to talk, because the permit and setup can run alongside.