Peninsula Four The Plaza

Nestled in the prime location of Business Bay, Peninsula Four, The Plaza is the sixth phase of the flagship mixed-use community called Peninsula by Select Group. The upscale residential complex was launched back in Q3 2022 and consists of two 52-storey towers with an array of stylish studios, 1-4 bedroom apartments and 4-bedroom penthouses. Prospective real estate buyers also have the opportunity to choose from the ultimate collection of ultra-refined waterfront duplex lofts with 3-4 bedroom layouts.

Unit sizes will range from a compact 494 sq. ft to a colossal 5,260 sq. ft, which will be suitable both for single professionals and families with children. It is worth noting that each unit type has a designated number of parking spaces which can be found below:

For detailed information regarding property prices in Peninsula Four, The Plaza, please register your interest on our website.

Other phases in Peninsula include Peninsula One, Peninsula Two, Peninsula Three, Peninsula Five – The Signature Collection and Jumeirah Living Business Bay.

Situated at the junction of Al A’mal St, Al Khaleej Al Tejari 1 St and Marasi Dr, Peninsula Four, The Plaza will offer excellent connectivity to many sought-after Dubai addresses. These include, but are not limited to DIFC, Palm Jumeirah, Dubai Marina and Dubai International Airport, within a 20-minute drive. In addition, within walking distance of the high-end complex residents can find Clover Bay Station 1, The Binary Tower, Business Bay Marine Transport Station and Business Bay Metro Station, among other public transport links.

Offering the ultimate leisure experience, Peninsula Four, The Plaza will be surrounded by an abundance of boutique outlets, entertainment facilities, waterside eateries and al-fresco dining venues. Besides using a property in this development as a private residence, you can also consider the option of renting it out and generating a lucrative income. That being said, as revealed by Property Finder in Q3 2023, the gross yield for 1-bedroom apartments in Business Bay is a thumping 6.9%, while the initial rental cost amounts to AED 50K (USD 13.6K) per annum.

In Dubai, when investing a minimum of AED 750K (USD 205K) in a completed property, you can take advantage of a 3-year investor visa in accordance with the Taskeen Programme. If you decide to acquire a ready-to-move-in unit worth a minimum of AED 2M (USD 545K), you are granted a 10-year Golden Visa. This means that upon handover of Peninsula Four, The Plaza, you will be able to enjoy all the perks of long-term residency in Dubai.