Peninsula Four, The Plaza

Peninsula Four, The Plaza is a waterfront address by Select Group, rising on Peninsula Island within Business Bay, Dubai. The multifunctional development pairs two high-rise towers with a boutique collection of duplex lofts, wrapping stylish homes around a canal-side setting. For buyers weighing a central Dubai purchase, here are the essentials.

What is it?

The scheme comprises two towers and The Lofts collection of 16 waterfront duplex residences. The towers rise across 48 residential floors above podium and parking levels, offering studios, one- to four-bedroom apartments and four-bedroom penthouses, while the lofts hold three- and four-bedroom homes over four levels. Interiors favour open-plan layouts, large panoramic windows and fitted appliances, with parking allocated to each unit. Shared amenities include an infinity pool with sun terrace, a gym, squash courts, a sauna, a children's pool, a coworking space, a barbecue area and 24-hour security and reception.

Why this location?

Business Bay is a commercial, residential and business hub straddling the Dubai Water Canal, placing residents minutes from the city's headline attractions. Downtown, Burj Khalifa, the Opera district, Dubai Mall and Souq Al Bahar sit just steps away, while Sheikh Zayed Road and Al Khail Road connect the wider city. Expect roughly 10 minutes to City Walk, 15 to DIFC and Jumeirah beaches, and 20-30 to Dubai International Airport, Palm Jumeirah and Dubai Marina. Burj Khalifa metro station is a short walk, and canal-side water transport, bus routes and schools such as Hartland International round out daily life.

What will it cost?

Prices start from AED 1,299,000 and extend to around AED 16,000,000, with homes sized between roughly 503 and 3,622 sq ft on a freehold basis. A structured developer payment plan is available with no post-handover component, and buyers should budget the standard Dubai Land Department fee of 4% on purchase. Because upper-tier residences comfortably exceed the AED 2 million mark, qualifying purchases can open the door to a 10-year UAE Golden Visa, adding long-term residency appeal to the ownership case for larger apartments, penthouses and lofts.

Who is it for?

Peninsula Four, The Plaza suits professionals and businesspeople who want to live close to the office, as well as investors targeting Business Bay's steady tenant demand. The range from compact studios to spacious lofts means first-time buyers, downsizers and families can all find a fit, while the canal setting and resort-style amenities appeal to those seeking a lifestyle purchase in the heart of Dubai. The mix of long-let tenants, corporate occupiers and short-stay visitors drawn to Peninsula Island supports a range of rental strategies, and the freehold title keeps the door open to overseas and resident buyers alike.

Explore full floor plans, availability and pricing for Peninsula Four, The Plaza, and speak to the team about current release units, on offplans.com.