Limited availability
Peninsula Four, The Plaza by Select Group in Business Bay
Luxury waterfront residences with sizes up to 5,260 sq.ft, set within the Peninsula master community on Dubai Water Canal next to Downtown Dubai.
LAUNCH PRICE
AED 973K
PAYMENT PLAN
40/60
HANDOVER
Q2 2026
ROI POTENTIAL
5-6%
About the Project
Overview of Peninsula Four, The Plaza
Peninsula Four, The Plaza is a residential project in the Peninsula waterfront community in Business Bay, directly on the Dubai Water Canal, 9 minutes from Downtown Dubai. The project includes two 52-storey towers with studios and 1–4 bedroom apartments, as well as 16 exclusive duplex lofts — with total areas ranging from 491 to 5,247 sq.ft — and views of the canal, Plaza or the Downtown skyline and Burj Khalifa. Business Bay has limited waterfront supply despite strong demand.
9 Minutes – Downtown Dubai
18 Minutes – DXB Airport
20 Minutes – Burj Al Arab
22 Minutes – Palm Jumeirah
Project Details
Starting Price
AED 973K
Handover
Q2 2026
Payment Plan
40/60
Area from
494 – 5,260 sq.ft
Property Type
Apartments, Penthouses & Duplex Lofts
Bedrooms
Studios – 4BR
Developer
Select Group
Location
Business Bay, Dubai
Signature Features & Lifestyle Amenities
Life at Peninsula Four, The Plaza revolves around its namesake square — the heart of the community, with signature restaurants, boutiques, and a waterfront promenade. The complex's own premium amenities include multiple pools, a high-spec gym, sauna, and barbecue areas set among landscaped gardens. The Lofts collection adds a private privilege: infinity pools on the terraces and access to the canal.
- Waterfront Plaza with retail and dining
- Landscaped gardens
- Multiple swimming pools
- Children’s pool
- Fully equipped gym
- Sauna
- BBQ areas
- Family-friendly recreational spaces
- Waterfront dining experiences
- Private infinity lap pools for duplex
- Co-working space and lounge areas
- 24-hour security and reception
- Grand lobby areas with high ceilings
- Drop-off area and dedicated entrances
- District cooling system
- Public spaces
Property Types
Peninsula Four, The Plaza includes studios from 494 sq.ft, 1–4BR apartments (from 544 to 2,592 sq.ft), and a limited collection of 16 duplex lofts with 3–4BR ranging from 3,674 to 4,513 sq.ft. Penthouses reach up to 5,260 sq.ft. Residences feature open-plan layouts with floor-to-ceiling windows, fully fitted kitchens with appliances, views of the Dubai Water Canal, Plaza or the Downtown skyline and Burj Khalifa, while selected loft units include private infinity lap pools.
Property Type
Living Area
Starting Price
Studio
504 sq ft
| AED 973K |
1-BR Apartments
831 sq ft
| AED 1.07M |
2-BR Apartments
1,407 sq ft
| AED 2.28M |
3-BR Apartments
1,937 sq ft
|
4-BR Apartments
2,688 sq ft
|
3-BR Duplex
3,621 sq ft
|
4-BR Duplex
4,388 sq ft
|
4-BR Penthouse
5,439 sq ft
|
Payment Plan
Peninsula Four, The Plaza follows a 40/60 payment structure.
20%
On booking
20%
During Construction
60%
On Handover
Investment Potential
Business Bay combines high corporate demand with scarce waterfront supply — a combination that drives both stable rentals and long-term capital growth. Peninsula Four, The Plaza sits at this intersection, offering a rare canal-front address within a fully integrated master community, backed by a developer with a proven delivery record.
As of 2026:
- Prices from AED 973K for studios from 494 sq.ft
- Business Bay central location next to Downtown Dubai
- Waterfront setting on Dubai Water Canal
- Duplex lofts up to AED 14M (3,674–4,513 sq.ft)
- Projected rental yield: 5–6%
- 40/60 payment plan aligned with construction
- Eligibility for UAE Golden Visa (AED 2M+)
- 100% freehold ownership for foreign buyers
Flexible Financing Options
Buying an off-plan property or a ready-to-move-in home? Maximise your buying power with competitive mortgage options tailored to your needs.
- Secure a mortgage during construction to maximize leverage
- Combine developer payment plans with tailored bank financing
- Get pre-approved in as little as 3 days
- Conventional and Sharia-compliant financing available
- No hidden fees or added costs
Gallery
Exteriors
Interiors
About Business Bay
Business Bay sits between Downtown Dubai and the Dubai Water Canal — a well-established business district with strong corporate demand and limited waterfront residential supply. According to Knight Frank, Dubai's real estate market hit a record AED 544 billion in 2025, with central waterfront locations driving much of that growth. Peninsula stands out within Business Bay as one of the few master-planned waterfront communities in this part of the city — a cohesive cluster with Plaza, promenades, restaurants, and public spaces. Combined with the district's high business activity, this makes for consistently strong rental demand and solid long-term appreciation.
About Business Bay
Business Bay sits between Downtown Dubai and the Dubai Water Canal — a well-established business district with strong corporate demand and limited waterfront residential supply. According to Knight Frank, Dubai's real estate market hit a record AED 544 billion in 2025, with central waterfront locations driving much of that growth. Peninsula stands out within Business Bay as one of the few master-planned waterfront communities in this part of the city — a cohesive cluster with Plaza, promenades, restaurants, and public spaces. Combined with the district's high business activity, this makes for consistently strong rental demand and solid long-term appreciation.
Lifestyle & Attractions
Live close to Dubai’s key central destinations:
- Downtown Dubai & Burj Khalifa
- Dubai Mall
- Dubai Opera
- Dubai Water Canal promenades
- Restaurants & 5-star hotels in Business Bay
Premier Healthcare
Quality healthcare within easy reach:
- Emirates Hospital Clinics, Business Bay
- American Hospital Dubai
- Medcare Hospital
- Saudi German Hospital Dubai
Elite Education
Nearby schools and nurseries:
- Hartland International School
- GEMS Wellington Academy – Al Khail (Dubai Hills)
- North London Collegiate School Dubai
- International nurseries in Business Bay & Downtown
About the Developer
About the Developer
Select Group is an international developer founded in 2002, specialising in premium residential, hospitality, and commercial real estate. The company's portfolio exceeds 20 million sq ft, including over 7,000 delivered homes and around 5,000 units currently in development, with a combined project value of over AED 20 billion. Select Group operates across the Middle East, the UK, and Europe, with additional investments in fitness, wellness, technology, and asset management.
FAQs About Peninsula Four, The Plaza
Who is the developer of Peninsula Four, The Plaza?
The project is developed by Select Group, a premium real estate developer operating since 2002 across the Middle East, the UK, and Europe. The company's portfolio exceeds 20 million sq ft and spans residential, hospitality, and commercial projects, many of which have received industry awards. Select Group has delivered over 7,000 homes and has around 5,000 more in the pipeline, with a combined project value exceeding AED 20 billion.
Where is Peninsula Four, The Plaza located?
The complex is situated within the Peninsula community in Business Bay, directly on the Dubai Water Canal — 9 minutes from Downtown Dubai and well-connected to the city's key business and leisure destinations.
What property types are available at Peninsula Four, The Plaza?
The project offers studios, 1–4 bedroom apartments, penthouses, and a limited collection of 16 duplex lofts with 3–4 bedrooms under The Lofts collection. Sizes start from 494 sq ft, duplex lofts range from 3,674 to 4,513 sq ft, and penthouses reach up to 5,260 sq ft.
What is the starting price at Peninsula Four, The Plaza?
Prices start from AED 973K (USD 265K) for studios from 494 sq ft. 1-bedroom apartments start from AED 1.075M, 2-bedroom from AED 2.284M, 3-bedroom from AED 3.733M and 4-bedroom from AED 7.108M. The Lofts duplex collection ranges from AED 12.1M up to AED 14.181M (USD 3.29M–3.86M), while penthouses start from AED 14.555M (USD 3.96M).
Is there a payment plan available at Peninsula Four, The Plaza?
Yes. The project offers a 40/60 payment plan. A deposit of AED 50K–100K is required at reservation, followed by a top-up to 20% within 14 days. A further 20% is due 6 months after reservation, with the remaining 60% payable upon handover.
When will Peninsula Four, The Plaza be completed?
Handover is scheduled for Q2 2026.
What amenities are available at Peninsula Four, The Plaza?
Residents have access to swimming pools including a children's pool, a modern gym, sauna, barbecue areas, landscaped outdoor spaces, co-working and lounge areas, as well as 24-hour security and reception. The development also features a waterfront Plaza with retail and dining, grand lobby areas with high ceilings, drop-off areas and a district cooling system. The Lofts duplex residents also have private infinity lap pools.
Can a foreigner buy property at Peninsula Four, The Plaza?
Yes. The project is located in a freehold zone, allowing buyers of any nationality to own property with full title rights.
Can I get a residency visa when buying at Peninsula Four, The Plaza?
Yes. A purchase from AED 750K qualifies for a 2-year residency visa. An investment from AED 2M qualifies for a 10-year UAE Golden Visa, which includes the option to sponsor family members and domestic staff.
Why is Peninsula Four, The Plaza considered a strong investment?
Business Bay is one of Dubai's key business hubs with consistently strong rental demand, while waterfront residential supply in this part of the city remains limited. The project's location within the established Peninsula community supports projected rental yields of 5–6%.
What sets Peninsula Four, The Plaza apart from other projects in Business Bay?
| The project is part of the large-scale Peninsula community, which includes its own retail Plaza, green parks, and a landscaped waterfront promenade. Its standout feature is the exclusive front-row duplex collection — a rare format in central Dubai, with canal access and private infinity pools. |
DLD Verified
RERA Information
This project has been verified in partnership with the Dubai Land Department's (DLD) Real Estate Regulatory Agency (RERA)
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