Peninsula Four – Dubai’s Ultimate Waterfront Canvas

Peninsula Four Dubai: Premium Waterfront Residences at the Beating Heart of Business Bay

There is a particular kind of address that does not simply describe where you live — it defines how you live. Business Bay has always been that kind of address: the beating commercial and residential core of a city that never stops growing, positioned at the intersection of ambition, connectivity, and the quiet elegance of the Dubai Canal. With its prime location in Business Bay, Peninsula Four, The Plaza, sits at the very centre of the area’s most anticipated masterplan community, raising the bar one more time.

Developed by Select Group — one of the UAE’s most established and globally active real estate developers — Peninsula Four is Phase 4 of the Peninsula masterplan, a significant master development spanning 3.3 million square feet and redefining waterfront living in Dubai. As part of the select group peninsula branded project, Peninsula Four is bold and exciting, combining two soaring 52-storey residential towers, a collection of sixteen exclusive waterfront duplex lofts, and The Plaza itself — a fully activated, al-fresco lifestyle destination of dining, retail, gardens, and waterside promenade — into a single, seamlessly integrated address that is without equal in the Business Bay corridor.

This is not simply a new development in an established district. It is the chapter of the Peninsula story that makes everything before it make sense, combining elegance and exclusivity with a contemporary urban twist through its modern architecture and vibrant lifestyle.

About Select Group: 20 Million Square Feet of Conviction

Select Group was founded in 2002 with a simple conviction: that premium real estate, designed and delivered without compromise, is the most enduring investment a person can make in a fast-moving city. Two decades and more than 20 million square feet of development later, that conviction has been tested — and it has held.

Select Group’s reputation as a leading and trusted developer adds significant value and credibility to Peninsula Four Dubai premium waterfront residences, assuring buyers of quality and reliability.

With operations spanning the UAE, the United Kingdom, and Europe, and a portfolio of award-winning residential, commercial, hospitality, and retail developments with a combined Gross Development Value of over AED 20 billion, Select Group has delivered more than 7,000 homes and has a further 5,000 units in its active pipeline. Their global talent pool of over 750 professionals brings international standards of design, construction, and delivery management to every project they undertake.

Peninsula — their flagship Dubai masterplan — launched in Q3 2021 and has progressed through four phases with the kind of consistency that defines the very best developers. Peninsula Four is not a speculative gesture. It is the product of an organisation that has delivered the three phases before it and understands precisely what the market demands.

The Peninsula Masterplan: A Community That Earns Its Name

To fully appreciate Peninsula Four, it helps to understand the broader masterplan it sits within.

Peninsula is a master-planned waterfront community development conceived from first principles as Dubai’s most complete canal-side lifestyle destination. Spanning 3.3 million sq ft along the banks of the Dubai Canal in Business Bay, it is designed to deliver everything a modern, urban resident could need — residences, dining, retail, green space, promenades, and public realm — within a single interconnected community. The vibrant surroundings, with their lively urban energy and scenic waterfront views, further enhance the living experience, making it a truly dynamic place to call home.

Each of the four phases has been designed with precision to ensure unobstructed views and to maximise the community’s extraordinary waterfront positioning. The result is a neighbourhood where the canal is not a backdrop — it is the spine of daily life. Where residents walk to breakfast along the water, return home along a landscaped promenade, and look out from their apartments at a view that rivals those found in famous cities around the world, adding to the cosmopolitan and prestigious appeal of the area.

Peninsula Four, The Plaza, sits at the centre of this masterplan — the social and lifestyle heart of the community, surrounded on all sides by the buildings and infrastructure of the phases that came before it, and positioned to serve as the community’s defining gathering place for decades to come. As part of the prestigious plaza peninsula, it stands out as a premium waterfront destination with luxurious amenities and an exclusive atmosphere.

Emerging Oasis in the City: Peninsula Four’s Transformative Impact

Peninsula Four, The Plaza, stands as a beacon of transformation in Business Bay, redefining what it means to experience urban city living in Dubai. Perfectly positioned at the crossroads of Downtown Dubai’s eclectic excitement and the serene flow of the Dubai Canal, this community-focused waterfront development introduces a unique waterfront lifestyle amid the city’s most dynamic surroundings. Here, residents are immersed in a vibrant new lifestyle destination where every detail is curated to foster connection, relaxation, and a sense of belonging.

The heart of Peninsula Four, The Plaza, is its landscaped central plaza—a lively environment where the city’s energy meets waterfront tranquility. The plaza features an extensive range of entertainment facilities, boutique stores, and outdoor dining experiences, creating a social hub that encourages spontaneous gatherings and memorable moments. Whether enjoying al fresco dining with friends, exploring the urban marketplace, or simply taking in the spectacular views of the iconic Dubai skyline, residents are surrounded by an atmosphere of eclectic excitement and community spirit.

Luxury living at Peninsula Four is defined by choice and exclusivity. The development offers an exclusive array of exquisitely finished studios, spacious four-bedroom units, premium waterfront duplex lofts, and four-bedroom penthouses—each masterfully designed to maximize natural light and showcase striking floor-to-ceiling windows with panoramic vistas of the Dubai Canal and city skyline. These open living spaces provide a relaxing refuge from city life while maintaining direct access to the vibrant environment of Business Bay Dubai.

A hallmark of this master planned community is its extensive range of lifestyle facilities. Residents enjoy access to a swimming pool, tennis courts, wellness zones, and generous public realm areas, all thoughtfully integrated to support an elevated living experience. The landscaped plaza and lush interiors offer a harmonious blend of urban living and waterfront serenity, making Peninsula Four, The Plaza, an idyllic lifestyle destination for families and professionals alike.

Strategically located, Peninsula Four, The Plaza, offers seamless connectivity to Dubai Marina, Dubai Mall, and Sheikh Zayed Road, placing the best of Dubai’s entertainment, shopping, and business districts within easy reach. The flexible payment plan further enhances its appeal, providing an accessible path to ownership in one of the city’s most sought-after addresses.

Select Group’s reputation for delivering masterfully designed towers and innovative developments is evident throughout Peninsula Four. The dedicated sales team ensures a smooth and personalized journey for every client, helping them find their perfect home in this truly dynamic part of Business Bay.

For those seeking an exclusive waterfront lifestyle, a vibrant environment, and an elevated living experience at the heart of Dubai’s most exciting district, Peninsula Four, The Plaza, is the ultimate destination—where city life and waterfront tranquility exist in perfect harmony.

Location: Business Bay — Dubai’s Commercial and Lifestyle Epicentre

Business Bay occupies a geographic and cultural position in Dubai that is genuinely singular. It is the city’s primary mixed-use district — a high-density, high-energy zone that sits adjacent to Downtown Dubai and is flanked on both sides by the Dubai Canal. It is home to the headquarters of multinational corporations, the most vibrant restaurant scene outside of the Marina, and residential towers that attract the most discerning international buyers and tenants in the city.

Peninsula Four is connected to the best of all of it:

• 5 minutes to Dubai Mall and Burj Khalifa — the world’s most visited retail and entertainment complex, and the world’s tallest building
• 5 minutes to Downtown Dubai and Dubai Opera
• 10 minutes to DIFC (Dubai International Financial Centre)
• 15 minutes to Dubai International Airport (DXB)
• 20 minutes to Dubai Marina and JBR Beach
• 40 minutes to Al Maktoum International Airport (DWC)
• Direct access to Sheikh Zayed Road (E11), Al Khail Road (E44), and Business Bay Crossing
• Walking distance to Business Bay Metro Station (Dubai Metro Red Line)

Within the immediate neighbourhood, the infrastructure of daily life is complete: supermarkets (WISO MINI MART, W Mart, FMART) within a 5-minute walk; medical clinics (Midline Bay Medical, Emirates Hospital Clinics, Aster Clinic Business Bay) within 10 minutes by car; nurseries, schools, and the full complement of urban services that Business Bay’s established residential community has accumulated over two decades of development.

Peninsula Four, The Plaza: Three Distinct Residences, One Unified Vision

Peninsula Four comprises three distinct residential components — two 52-storey towers, sixteen exclusive waterfront lofts, and The Plaza’s vibrant commercial ground level — each designed to complement the others and to deliver a living experience that is greater than the sum of its parts. The Plaza comprises a curated selection of premium residences, retail outlets, landscaped gardens, and luxurious amenities, offering residents a sophisticated waterfront lifestyle.

The Towers: 52 Storeys of Canal and City Views

The two towers are the vertical heart of Peninsula Four — soaring 52 storeys above Business Bay, housing exquisitely finished studio units, as well as 1-, 2-, 3-, and 4-bedroom apartments, and a crown collection of 4-bedroom penthouses. Property sizes range from 491 sq ft for studios to 5,260 sq ft for the largest penthouse configurations.

Every unit has been designed around a single ambition: to make the most of the views. Floor-to-ceiling windows frame three of the most spectacular panoramas in Dubai — the glistening waters of the Dubai Canal, the iconic silhouette of the Burj Khalifa, and the ever-evolving Dubai skyline. Open-plan layouts create flowing living spaces that feel expansive from the moment you enter. Kitchens are fully equipped with premium stainless steel appliances — fridge/freezer, dishwasher, washing machine, and oven — ensuring that the home is ready to live in from day one, without the additional expense and delay of fitting out.

The Lofts: Sixteen Waterfront Duplex Residences

The Lofts represent the most exclusive residential offer within Peninsula Four — sixteen two-storey duplex residences in the low-rise waterfront buildings that frame The Plaza, each offering a scale and a lifestyle that no apartment tower can replicate.

Available in 3- and 4-bedroom configurations, The Lofts range from 3,674 sq ft to 4,513 sq ft — each a meticulously designed duplex with the proportions of a villa and the positioning of a waterfront penthouse. The 3-bedroom lofts are priced from AED 12,747,000 (~USD 3,470,000) and the 4-bedroom configurations from AED 14,181,000 (~USD 3,861,000). These are homes for those who understand that the rarest thing in Business Bay is not height — it is space, privacy, and a direct relationship with the waterfront at human scale.

The Plaza: Where the Community Comes Alive

At the heart of Peninsula Four, The Plaza is not an amenity — it is a destination. Conceived as a lively urban marketplace where residents and visitors from across Dubai converge, The Plaza features an extensive range of indoor and outdoor dining experiences, including al fresco dining experiences that enhance the vibrant waterfront lifestyle. Boutique retail, entertainment facilities, and generous areas of gardens and public realm further contribute to its appeal.

It is where the community’s daily rhythms play out: morning coffee before the commute, weekend lunches at waterside restaurants, evening walks along the canal, and the kind of spontaneous social life that only an activated, designed-for-people public space generates. The Plaza fosters an upbeat environment, creating a strong sense of urban identity and community vibrancy. The Plaza transforms Peninsula Four from a residential development into a neighbourhood — and that distinction is exactly what makes it exceptional.

Residences: From Studios to Penthouses — Every Configuration, Every Aspiration

Peninsula Four’s residential range is among the broadest of any single development in Business Bay — ensuring that the project serves first-time buyers, families, and ultra-luxury purchasers within the same masterplan.

Studios — from 491 sq ft, priced from AED 1,022,000 (~USD 278,000). Compact, intelligently designed, and positioned to deliver one of the most compelling rental yields in Business Bay’s studio market. The combination of canal location, premium specification, and The Plaza’s activated ground-floor environment makes these among the most lettable studios in the district.

1-Bedroom Apartments — from 550 sq ft, priced from AED 1,102,000 (~USD 300,000). Open-plan living areas, fully equipped kitchens, floor-to-ceiling windows, and balconies that frame either the canal or the city skyline. The sweet spot for investors targeting Business Bay’s professional tenant market.

2-Bedroom Apartments — offering expanded layouts with distinct bedroom suites, generous living and dining areas, and views that make the daily ritual of being at home feel genuinely privileged.

3-Bedroom Apartments — from 1,937 sq ft, priced from AED 3,733,333 (~USD 1,016,500). Perfect for family living, these family-scale homes within one of Dubai’s most vibrant canal-side communities offer the space and privacy of a villa with the connectivity and amenity access of a city-centre tower.

4-Bedroom Apartments — from 2,592 sq ft, priced at AED 7,108,000 (~USD 1,936,000). Designed for exceptional family living, these are the largest standard apartment configurations in the towers — homes that accommodate every dimension of family life without compromise, providing ample space and comfort for families.

4-Bedroom Penthouses — at up to 5,260 sq ft, the penthouse collection represents the summit of Peninsula Four’s residential offer: the full panoramic sweep of the canal and Downtown skyline from elevation, the total privacy of a top-floor address, and interiors that reflect the finest finishes available in the development.

3 & 4-Bedroom Duplex Lofts — from 3,674 sq ft to 4,513 sq ft, priced from AED 12,747,000 to AED 14,181,000. Sixteen waterfront residences in a category entirely their own.

Amenities: A Resort Community Built for the Long Term

Each residential tower at Peninsula Four is equipped with a comprehensive amenity suite designed to serve every dimension of resident life — from high-performance fitness to family leisure to professional productivity.

Aquatic and Wellness:

• Swimming pool and children’s pool — with sun terraces for relaxation and leisure
• Infinity lap pool at The Lofts — for serious swimmers who demand more than a leisure pool
• Sauna — in both tower facilities and The Lofts
• Steam rooms and changing facilities

Fitness and Recreation:

• State-of-the-art indoor gymnasium — fully equipped with contemporary training equipment
• Outdoor gym — for open-air training in the landscaped grounds
• Squash courts — a premium recreational amenity rarely found in Business Bay developments
• Kids’ indoor and outdoor play areas — dedicated, safe, and purpose-designed

Social and Community:

• BBQ zones with seating and entertainment infrastructure
• Extensive green gardens and landscaped public realm
• Co-working space and lounge area — in each tower lobby
• Waterside eateries and al-fresco dining at The Plaza
• Boutique retail and marketplace at The Plaza ground level
• Picturesque waterfront promenade — part of the broader Peninsula canal walkway

Building and Services:

• 24/7 security and reception in each tower lobby
• High-speed elevators — designed for the vertical scale of 52-storey towers
• Dedicated basement parking for all residents
• Fully equipped kitchens in all units (appliances included)

Investment Case: Business Bay, The Canal Premium, and Select Group’s Track Record

Peninsula Four presents an investment case built on four structural pillars, each of which reinforces the others.

Business Bay’s enduring performance. Business Bay is one of Dubai’s most consistently high-performing residential investment locations, with average rental yields of 6% per annum and minimum annual apartment rental income of AED 45,000 for studios. For 1-bedroom apartments, returns are consistently between 5% and 6%, with canal-facing and premium-specification units outperforming the district average. These yields are generated in a location that is simultaneously a major employment hub and a residential lifestyle destination — the dual demand that produces the most stable long-term occupancy rates.

The canal scarcity premium. Not all Business Bay developments are equal, and the distinction that matters most to both tenants and buyers is canal frontage. Peninsula Four’s positioning within the Peninsula masterplan — directly on the Dubai Canal, with unobstructed water views available across the development’s configurations — creates a scarcity premium that standard Business Bay towers cannot replicate. Canal-facing apartments consistently outperform their non-waterfront neighbours by 10–15% on both rental and resale metrics.

The Plaza activation premium. The commercial and F&B infrastructure of The Plaza is not simply an amenity for residents — it is a value driver. Activated ground-floor environments with restaurants, retail, and public realm create the kind of neighbourhood character that sustains demand and supports values over the long term. Peninsula, as a community, is becoming a destination in its own right within Business Bay, and Peninsula Four’s residents benefit from every visitor, every restaurant opening, and every new retailer that The Plaza attracts.

Select Group’s delivery credibility. With over 7,000 homes delivered globally and three preceding Peninsula phases handed over on schedule, Select Group provides the developer confidence that off-plan investment requires. Their track record removes the primary risk of off-plan acquisition — the uncertainty of delivery — and replaces it with the premium that comes from buying into a community being built by developers who have done it before, in the same location, at the same standard.

UAE Golden Visa eligibility. Purchases above AED 2,000,000 qualify buyers and their immediate families for the UAE 10-year Golden Visa — providing long-term residency rights alongside the investment itself.

Zero property tax in the UAE means all rental income and capital gains are retained in full — a structural return advantage rarely found in comparable global waterfront real estate markets.

Payment Plan: Accessible Entry into Business Bay’s Most Anticipated Phase

Peninsula Four offers a flexible 20/20/60 payment plan designed to make acquisition accessible while keeping the path to ownership straightforward:

Stage	Payment	Details
On Booking	20%	Secure your unit at current pricing
During Construction	20%	Paid in milestone-linked instalments
On Handover	60%	Final payment at key collection

Handover: Q2 2026 — a near-term timeline that minimises the off-plan waiting period and positions buyers to access the rental market quickly after delivery.

With studios from AED 1,022,000, a 20% booking deposit of AED 204,400 secures entry into the Peninsula community — one of the most recognised and in-demand masterplan addresses in Business Bay. For 1-bedroom apartments from AED 1,102,000, the 20% entry is AED 220,400 — among the most capital-efficient routes available into a canal-side Business Bay address with this level of developer credibility, specification quality, and community activation.

Claim Your Position at the Centre of Peninsula

Peninsula Four, The Plaza, is the kind of development that arrives once in the lifecycle of a neighbourhood and reshapes what that neighbourhood means. It is the social heart of a masterplan that has already transformed a stretch of Business Bay canal frontage into one of Dubai’s most talked-about communities. And it is a rare opportunity to acquire premium canal-side residences — from the most accessible studio to the most extraordinary waterfront loft — within a community that is already alive, already delivering, and already appreciated.

Studios from AED 1,022,000. Canal views, Burj Khalifa on the horizon, The Plaza at your door. Handover Q2 2026.

Contact our team today for current pricing, available units, floor plans, and to arrange a private consultation.

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