Peninsula Four The Plaza developed by Select Group is a luxury twin-tower development standing 52 storeys high in the heart of Business Bay, giving an exclusive collection of studios, 1 to 4 bedroom apartments, duplex lofts, and penthouses. Made for the elite urban lifestyle, the project represents a perfect blend of contemporary architecture, luxury interiors, and a vibrant waterfront setting.
With direct access to the Dubai Water Canal promenade, residents enjoy stunning water views and a community surrounded by leisure, dining, plus entertainment options. The project embodies sophisticated urban living through world-class design, premium finishes, plus a comprehensive range of high-end amenities, all within minutes of Downtown Dubai and Burj Khalifa.
Property Details
| Features | Details |
| Property Type | Apartments, Duplex Apartments, Penthouses |
| Unit Types | Studio, 1, 2, 3 & 4 Bedroom Apartments; 3 & 4 Bedroom Duplex Lofts; 4 Bedroom Penthouse |
| Size Range | 491 to 5,439 Sq. Ft. |
| Starting Price | AED 973,000 |
| Down Payment | 5% |
| Payment Plan | 40/60 |
| Handover | Q2 2026 |
| Developer | Select Group |
| Location | Business Bay, Dubai |
Features & Amenities
- Waterfront Living, Direct access to the Dubai Canal promenade
- Infinity Pool, Stunning skyline and water views
- Fully Equipped Gymnasium, Modern fitness facilities
- Basketball & Tennis Courts, For sports and recreation
- Kids Play Area, Safe and engaging space for children
- Retail Outlets & Restaurants, Dining and shopping at your doorstep
- Marina & Yacht Club Access, Luxurious waterfront lifestyle
- Green Surroundings, Landscaped outdoor areas for relaxation
- 24/7 Security & Concierge Services, Safety and convenience guaranteed
- Health Care Centre & Supermarket, Daily essentials within reach
Location & Connectivity
Located in Business Bay, Peninsula Four The Plaza gives unmatched connectivity to Dubai’s most prominent destinations:
| Destination | Time (Approx.) |
| Burj Khalifa | 10 Minutes |
| The Dubai Mall | 10 Minutes |
| Burj Al Arab | 15 Minutes |
| Dubai International Airport | 20 Minutes |
| Dubai Marina | 25 Minutes |
Location Advantage:
A prime waterfront address in the heart of Dubai, Peninsula Four makes sure of easy access to the Downtown district, Sheikh Zayed Road, and Dubai Canal, giving the best of both city convenience and serene waterfront living.
Payment Plan
| Milestone | Percentage | Description |
| Down Payment | 5% | On Booking Date |
| During Construction | 35% | Easy Installments |
| On Handover | 60% | 100% Completion |
Floor Plans
| Unit Type | Category | Size (Sq. Ft.) | Type |
| Studio, 4 BR | Apartments | 491 to 2,592 | Apartment |
| 3 & 4 BR | Duplex Apartments | 3,622 to 4,398 | Duplex Loft |
| 4 BR | Penthouse | 5,439 | Penthouse |
Why Invest in Peninsula Four The Plaza
- Exclusive Waterfront Address, Situated along the Dubai Canal promenade
- Developed by Select Group, Renowned for premium waterfront communities
- Prime Business Bay Location, Close to Downtown Dubai & Burj Khalifa
- Wide Range of Units, From studios to luxury penthouses and duplex lofts
- Flexible 40/60 Payment Plan, Easy ownership and investment opportunity
- Strong ROI Potential, High demand for waterfront properties in Dubai
FAQs
Q1. Who is the developer of Peninsula Four The Plaza?
A. The project is developed by Select Group, one of Dubai’s top real estate developers.
Q2. What unit types are available?
A. Peninsula Four offers studios, 1 to 4 bedroom apartments, 3 to 4 bedroom duplex lofts, and 4-bedroom penthouses.
Q3. What is the starting price?
A. Prices start from AED 973,000.
Q4. When is the handover?
A. Handover is scheduled for Q2 2026.
Q5. What payment plan is available?
A. The project offers a 40/60 plan, 5% on booking, 35% during construction, and 60% on handover.
More about Business Bay
Read the Cresco area guide to Business Bay. Prices, rental yields, handover timelines, schools, commute times and what actually sells there.
Open the Business Bay area guide
You may also want to read how buying off plan works and work out the rental yield.
What buyers actually registered in Business Bay
Dubai Land Department registered transactions, not advertised asking prices.
Between 30 June 2026 and 18 August 2026, 655 residential sales were registered in Business Bay. The median was AED 1,738,630 and the middle half fell between AED 1,217,500 and AED 2,850,004. This project is advertised from AED 973,000, which sits below that range.
For the unit type this project leads with, 1 B/R, the registered median in Business Bay was AED 1,540,000 across 215 sales, at AED 2,072 per square foot and a median size of 813 sq ft.
| This project, advertised entry price | AED 973,000 |
| Registered median price, Business Bay | AED 1,738,630 |
| Middle half of registered sales | AED 1,217,500 to AED 2,850,004 |
| Registered median per sq ft | AED 2,121 |
| Registered median unit size | 880 sq ft |
| Share bought off plan | 38% |
| Ready stock, median per sq ft | AED 1,849 from 406 sales |
| Off plan stock, median per sq ft | AED 2,584 from 249 sales |
| Registered residential sales in the period | 655 |
Registered sales by bedroom count in Business Bay
| Type | Sales | Median price | Per sq ft | Median size |
|---|---|---|---|---|
| Studio | 118 | AED 985,000 | AED 2,085 | 448 sq ft |
| 1 B/R | 215 | AED 1,540,000 | AED 2,072 | 813 sq ft |
| 2 B/R | 112 | AED 2,464,270 | AED 1,855 | 1,366 sq ft |
| 3 B/R | 36 | AED 4,490,726 | AED 2,303 | 2,089 sq ft |
Source: Dubai Land Department open data. Registered sales of residential units between 30 June 2026 and 18 August 2026. Mortgages and gift transfers are excluded because they are not arms length sales. Sizes are converted from square metres at 10.7639 sq ft per sq m. The entry price shown for this project is our advertised starting price and is not a registered transaction. Community figures are medians across every project in the community, not this project alone. We do not publish a price per square foot for this project because advertised size ranges are not a reliable basis for that calculation.
What actually transacted in Business Bay
Before you judge a launch price, look at what the community around it registered. Over the last twelve months Business Bay recorded 19,309 registered rental contracts and 2,646 ready sales, all filed with the Dubai Land Department. These are signed contracts, not asking prices.
Rent registered at AED 119 per sqft against a ready sale price of AED 1,986 per sqft. That is a gross yield of 6.0% on ready stock in this community.
We use ready sale prices rather than blended prices deliberately. You cannot rent a home that has not been handed over, so an off plan launch price in a yield calculation produces a number that cannot happen.
Registered rents in Business Bay moved +2.3 against the twelve months before.
The shorter window disagrees. On the most recent three months of contracts the same community reads -10.4%. Summer seasonality and smaller samples both sit inside that number, but we publish it rather than quote only the figure that flatters the market.
| Unit type | Contracts registered | Average annual rent (AED) | Rent per sqft (AED) | Change vs 12 months earlier |
|---|---|---|---|---|
| Studio | 4,452 | 68,967 | 145 | +0.7 |
| 1 bedroom | 8,033 | 93,568 | 120 | +2.1 |
| 2 bedroom | 5,152 | 134,111 | 102 | +3.3 |
| 3 bedroom | 1,540 | 187,515 | 93 | +4.6 |
| All apartments | 19,309 | 108,453 | 119 | +2.3 |
Full Business Bay guide · Live Dubai market update · Run these numbers on a specific unit
Data verified 31 August 2026. Dubai Land Department registered transactions via Bayut TruView, rolling 12 months to August 2026.
