Studios, 1–4BR apartments, penthouses, and exclusive duplex lofts at Peninsula Four, The Plaza by Select Group on the Dubai Water Canal in Business Bay. Prices from AED 973K with a 40/60 payment plan and Q2 2026 handover.
Peninsula Four, The Plaza is a waterfront residential development comprising two 52-storey towers and a boutique collection of 16 duplex lofts, situated directly on the Dubai Water Canal in Business Bay. The project offers studios, 1–4 bedroom apartments, penthouses, and The Lofts — 16 exclusive 3–4 bedroom duplexes ranging from 3,674 to 4,513 sq ft with private infinity pools. Tower residences range from 494 sq ft studios to 5,260 sq ft penthouses, all featuring floor-to-ceiling windows with views of either the canal or the Downtown Dubai skyline and Burj Khalifa. The development is anchored by The Plaza — an open urban square with restaurants, waterside cafes, boutiques, and public spaces at the heart of the Peninsula masterplan. Business Bay combines high corporate demand with limited waterfront supply, supporting projected rental yields of 5–6% and long-term capital growth.
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The Lofts collection — 16 exclusive 3–4 bedroom duplexes — features private infinity lap pools accessible solely to loft residents. Set on terraces with direct views of the Dubai Water Canal, these pools offer a level of privacy and exclusivity rarely found in central Dubai.
At the heart of the Peninsula masterplan sits The Plaza, an open urban square with signature restaurants, waterside cafes, boutiques, and landscaped public spaces. Designed as a destination in its own right, it brings a constant flow of activity to the doorstep of residents and supports strong rental demand across the community.
These are just a few of the amenities available in this residence. To receive the full list of features and detailed information, please contact our agent — we will tailor the best option for your needs.
Co-working Area
Designer Lobby
Infinity Pool
Gym
Squash Court
Sauna
Kids Pool
Bbq Area
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Business Bay offers a prime central location with excellent connectivity to key areas of the city. The area is well-served by public transportation, including the Business Bay metro station, and provides easy access to major attractions such as Dubai Mall and Safa Park. Its strategic position makes it ideal for professionals in Dubai’s financial sector, while also offering residents stunning views of the city’s skyline and proximity to world-class entertainment, shopping, and dining options in nearby Downtown Dubai.
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About the Developer
Select Group is an award-winning developer that specialises in building premium projects in prestigious locations. Two of the company’s best known developments are the Peninsula residential community in Business Bay and the Marina Gate complex in Dubai Marina.
27
Completed projects
2002
Year of foundation
Peninsula Four, The Plaza is developed by Select Group, a premium real estate developer with over 20 years of experience across the Middle East, the UK, and Europe.
Peninsula Four, The Plaza is situated in the Peninsula community in Business Bay, directly on the Dubai Water Canal, 9 minutes from Downtown Dubai.
Peninsula Four, The Plaza offers studios, 1–4 bedroom apartments, penthouses, and an exclusive collection of 16 duplex lofts with 3–4 bedrooms, with total areas ranging from 494 to 5,260 sq ft.
Prices at Peninsula Four, The Plaza start from AED 973K for studios from 494 sq ft.
Peninsula Four, The Plaza follows a 40/60 payment plan: AED 50K–100K on booking, topped up to 20% within 14 days, 20% after 6 months, and 60% on handover.
Peninsula Four, The Plaza is scheduled for handover in Q2 2026.
Investors at Peninsula Four, The Plaza may expect rental yields of 5–6% annually.
Peninsula Four, The Plaza combines a prime waterfront address in Business Bay with limited canal-front supply and a proven developer, supporting strong rental demand and long-term capital growth.
Peninsula Four, The Plaza offers spacious residences, floor-to-ceiling views of the canal or Downtown skyline, and access to The Plaza with restaurants, cafes, and waterfront promenades.
Eligible purchases from AED 750K qualify for a 2-year UAE residency visa, while investments from AED 2M qualify for a 10-year Golden Visa including family sponsorship.
Metropolitan Premium Properties is a RERA-licensed real estate brokerage in Dubai (ORN 11899), part of the Metropolitan Group established in 2008. The agency has 1,000+ professionals across offices in Dubai, Abu Dhabi, Ras Al Khaimah, and Vienna, and covers residential and commercial sales, off-plan investments, rentals, and property management. The company has closed 6,000+ transactions totalling over AED 15 billion in investments and holds 120+ industry awards.
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