Peninsula Four - The Plaza

Peninsula Four, The Plaza is a completed waterfront development by Select Group, positioned along the Dubai Canal in Business Bay. Comprising two residential towers alongside a collection of duplex lofts, the project offers studios through to four-bedroom residences, all delivered semi-furnished and ready for occupancy.

# The towers and their position on the canal

Select Group's Peninsula master plan occupies one of the more considered stretches of the Business Bay waterfront, where the Dubai Canal curves toward Downtown. The Plaza represents the fourth phase of that plan, two towers rising above a ground-level retail and dining podium that connects directly to the canalside promenade.

The scheme is fully constructed, with readiness at 100 per cent. That matters for buyers arriving from markets where Dubai off-plan timelines have historically been a point of concern. What they are purchasing here is a finished building, not a projected one.

The towers face Downtown Dubai, which means upper floors carry sightlines toward the Burj Khalifa and across the canal basin. At street level, The Plaza functions as a public-facing retail environment with indoor and outdoor dining, gardens, and a broader public realm.

# Residences: formats, finish, and the duplex lofts

The apartment mix runs from studios to four-bedroom units. The duplex loft category sits at the upper end, configured as three and four-bedroom homes across two floors with interiors designed around generous ceiling heights and dual-aspect glazing.

Throughout the development, kitchens arrive fitted with appliances: fridge/freezer, oven, hob and extractor hood, stainless steel sink, and dishwasher. Floor-to-ceiling windows are standard across the range. The semi-furnished specification means residents take possession of a home with fitted kitchens and core fixtures in place, while retaining latitude over furniture and soft furnishings.

Service charges run at 20–22 AED per square foot, which prospective buyers should factor into yield calculations alongside any financing arrangements.

# Amenities within the development

Each tower carries its own amenity stack rather than sharing a single communal facility. That distinction is worth understanding: the swimming pool, kids' pool, gym, and sauna are tower-specific, reducing congestion across the building.

The full amenity list includes:

# Across the towers and podium

• Swimming pool and children's pool, with pool deck
• Indoor and outdoor gym
• Squash court
• Sauna
• Barbecue area
• Kids' play areas, both indoor and outdoor
• An on-site marketplace

The barbecue deck and outdoor play areas extend the usable residential space into the exterior, practical in a climate where the shoulder seasons are genuinely long.

# Business Bay: distances and daily connections

The location sits close to the intersection of Business Bay's commercial core and the residential density that has built up around the canal over the past decade.

Bay Avenue Mall and Park is six minutes by car, at 1.5 kilometres. Emirates Hospital Clinics sits at 1.6 kilometres, roughly six minutes. Action Park Business Bay is effectively on the doorstep at 0.3 kilometres and a two-minute drive.

Dubai Mall is 5.5 kilometres and twelve minutes by car. Dubai Design District, relevant for buyers working in the creative and fashion industries, is 7.5 kilometres and around twelve minutes. Al Maktoum International Airport sits 36 kilometres out, approximately twenty-five minutes on a clear road, which positions the development plausibly for buyers who use Dubai as a Gulf transit base.

# What kind of buyer this development suits

Peninsula Four, The Plaza appeals most directly to buyers who want a completed canal-facing address in Business Bay without the construction risk attached to off-plan delivery. The duplex loft format, in particular, fits a profile that is hard to satisfy in this district: family-scale accommodation with volume and outlook, within walking distance of the canal promenade and the broader Peninsula public realm.

For investors, the combination of a finished building, a known service charge, and proximity to the commercial density of Business Bay provides a legible income story. The semi-furnished specification keeps entry costs manageable while allowing buyers to position the asset toward longer-term tenants who prefer stability over a hotel-grade fit-out.

The development is currently listed as out of stock through primary channels, meaning acquisition routes run through the secondary market.