Peninsula Four The Plaza by Select Group

About the project

Peninsula Four The Plaza is the newest phase of the megaproject by Select Group — Peninsula. As of Q3 2023, the community is under construction, and has an estimated date of handover expected to be in 2025.

The complex will include two 52-storey towers with studios, 1–4 bedroom apartments and a stunning collection of 4-bedroom penthouses. This residential complex will also house two 4-storey waterfront buildings with a unique collection of sixteen 3–4 bedroom duplexes named The Lofts. Property sizes of ​​residences in the towers vary from 494 sq. ft to 5,260 sq. ft, and The Lofts — from 3,674 sq. ft to 4,513 sq. ft.

Each unit in Peninsula Four The Plaza is thoughtfully designed to provide occupants with amazing views of the surrounding cityscape. Potential buyers can choose a property with a gorgeous view of the sparkling waters of the Dubai Water Canal, the famous Dubai skyline, the Peninsula community, or the tallest skyscraper in the world — the Burj Khalifa, 

Residences in Peninsula Four The Plaza will enable residents to enjoy optimal use of space and open living spaces. The design of interiors will be dominated by white elements, which will make the units look larger, and kitchens in all residential units will be provided with the best appliances for your maximum comfort. Each residence will come with 1–4 parking spaces, depending on the size of the property.

Key advantages 

The residential complex will be provided with premium amenities, including a gym, sauna, swimming pools with terraces for relaxation and sunbathing, BBQ zones, extensive green gardens, a lounge area and coworking spaces. There is also 24/7 security and reception services in the tower.

Infrastructure 

Peninsula Four The Plaza is surrounded by all the necessary infrastructure, both within the waterfront community and the district of Business Bay. The nearest supermarkets include WISO MINI MART, W Mart Supermarket and FMART SUPERMARKET, which can all be reached within a 5-minute walk.

For medical services, residents of the development can go to Midline Bay Medical, Emirates Hospital Clinics – Business Bay and Aster Clinic, Business Bay. These medical institutions are within a 10 minute drive from Peninsula Four The Plaza.

The development is ideally suited for families with children, due to the close proximity of nurseries and schools. The closest kindergartens are presented by Maple Bear Nursery, Learning Tree Nursery and Blossom Business Bay Nursery. For older children, there are Global Indian International School Dubai and Dubai International School. The above-mentioned educational establishments can be reached in 5–10 minutes’ by car.

The residential complex is located in the main business district of Dubai — Business Bay, and is situated along the Dubai Water Canal, which provides amazing views of the city. Neighbouring areas with a developed infrastructure include Downtown Dubai and Al Quoz 1. Travel time to Dubai International Airport takes about a 20-minute drive, while Al Maktoum International Airport is within a 35-minute drive.

La Perle Water Theatre, which is one of the key attractions within Business Bay, is within a 5-minute drive, and many of the city’s world-famous attractions, such as the Burj Khalifa, The Dubai Fountain, Dubai Mall and Dubai Opera can be found in the central district of Dubai — Downtown Dubai. Travel time to the above-mentioned attractions takes just 5–10 minutes by car from the development.

Economic attractiveness

Peninsula Four The Plaza has a strategic location in the business hub of the emirate — Business Bay, which will be an advantage for business specialists. The development is suited for families with children, as all the necessary infrastructure is located nearby, including nurseries, supermarkets and medical clinics. Large families will also appreciate The Lofts on the picturesque waterfront, which will enable you to experience a peaceful and harmonious lifestyle in the centre of a dynamic metropolis.

Purchasing real estate in Peninsula Four The Plaza is a profitable investment, which will generate a stable passive income in the future. As of 2022, the average ROI for a 1-bedroom apartment in Business Bay is between 5–6%.