Peninsula Four The Plaza is the fourth phase of the megaproject by Select Group named Peninsula, located along the Dubai Water Canal in Business Bay. The new complex was launched in Q4 2022 and will include two 52-storey towers with studios, 1–4 bedroom apartments and an exclusive 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. The living area of residences in the towers varies from 494 sq. ft to 5,260 sq. ft, and the floor plans area of The Lofts is from 3,674 sq. ft to 4,513 sq. ft. Each residential unit in Peninsula Four The Plaza is thoughtfully designed to provide occupants with breathtaking views. Potential buyers can choose a property with a gorgeous view of the tallest skyscraper in the world; the Burj Khalifa, the sparkling waters of the Dubai Water Canal, the famous Dubai skyline, or the Peninsula community. Floor-to-ceiling windows and balconies with transparent glass balustrades will provide units with maximum natural light throughout the day, and in the evening they will allow you to enjoy the spectacular landscapes of the city, which shines bright with its vibrant lights. Residences of Peninsula Four The Plaza will enable you 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, while noble shades of grey, beige, brown and blue, along with the amazing views from the windows will emphasize each room. 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. The residential complex will be provided with premium common amenities, including:
Swimming pools with terraces for relaxation and sunbathing, located in the tower and TheLofts
Landscaped BBQ area
Extensive green gardens
Coworking space in the tower
24/7 security services and reception services in the tower
Wide range of restaurants, retail outlets and entertainment at The Plaza
The starting price of a 1-bedroom apartment in Peninsula Four The Plaza is AED 1,270,000 (USD 346,000). To learn more about the exact cost of each unit with the specific size and layout you are interested in, please do not hesitate to contact the specialists at Metropolitan Capital Real Estate, who are always ready to provide you with help and information.
The Peninsula is strategically located in the prestigious area of Business Bay, right on the bank of the Dubai Water Canal. The development is surrounded by world-class infrastructure objects, while Downtown Dubai can be reached in just a several minute drive. Business Bay is a dynamic area that is not only the business center of the emirate, but also the perfect place to live and relax due to its endless world-class entertainment and attractions, which will allow you to experience a premium lifestyle. Residents of Peninsula Four The Plaza will have access to several types of public transport, as The Binary Tower and Clover Bay Tower 2 bus stops are located within a 5-minute walk of the development, while Business Bay Metro Station is a 15–20 minute walk away. The Sheikh Zayed Road Marine Transport Station and Godolphin Marine Transport Station can be reached within a 30-minute walk from the residential complex. Marasi Drive, Al A'amal Street, Al Khaleej Al Tejari 1 Street, as well as the main highway of the emirate, the Sheikh Zayed Road, which provides easy access to different parts of Dubai, are all located within close proximity to the project. Since Business Bay boasts a developed infrastructure, a wide range of dining options and entertainment activities can be easily reached from the residential complex. Within a 5–10 minute walk you will find:
XO CLUB DUBAI night club
Several 5-star hotels such as Radisson Blu Hotel – Dubai Waterfront, DAMAC Maison Cour Jardin and Anantara Downtown Dubai Hotel
Various cafes and restaurants including The Larder, Giordano Concept, Brews Cafe, Padi Village, Keif Restauran, Sahelnom Café and Beresta – Indian Cuisine & Biryanis
Skate parks such as Skatepark Nahida, Skate Park with Garden and Michael Todoran
Office of Dubai Islamic Bank
In terms of social infrastructure objects, within a 5–10 minute drive, residents of Peninsula Four The Plaza can get to a number of education and medical institutions, including:
Learning Tree Nursery, Canadian Kids Nursery, Maple Bear Pre School, Jumeirah International Nursery and Hummingbird Nursery Bay Square
Dubai International School, Clarion School, Old Safa British School, Abu Hanifa School for Basic Education for Boys and Lycée français Jean Mermoz
Emirates Hospital Clinics – Business Bay, Midline Bay Medical and Amana Healthcare
La Perle Water Theatre, which is one of the key attractions within Business Bay, is within a 5-minute drive. Downtown Dubai, which is home to some of the emirate's iconic landmarks including the Burj Khalifa, The Dubai Fountain, The Dubai Mall and Dubai Opera, is located within a 30-minute walk or a 5-minute drive. It takes about 20 minutes to get to Dubai International Airport (DXB) and 45 minutes to reach AI Maktoum International Airport (DWC).
LUXURY PROPERTY IN
Peninsula Four The Plaza offers a unique waterfront lifestyle in one of the most prestigious areas of Dubai. Business Bay is both a business center and a popular tourist, residential and entertainment location. Within close proximity to the new luxury complex you will find public transport links, social infrastructure objects, F&B options, retail outlets, places of recreation, entertainment activities and key attractions of Dubai. Due to a wide choice of residences and layouts, units in this complex will suit single professionals, couples and families with children. Large families, as well as those who need more space, will appreciate The Lofts on the picturesque waterfront, which will enable you to experience a peaceful and harmonious lifestyle in the center of a dynamic metropolis. In addition, real estate in Peninsula Four The Plaza might become a profitable investment option for those who plan to generate a stable passive income in the future. According to Property Finder, the average ROI for a 1-bedroom apartment in Business Bay is 6.4%. Purchasing a home in Dubai worth over AED 750,000 (USD 204,000) will enable foreigners to obtain a 3-year renewable UAE residence visa, and real estate investments from AED 2,000,000 (USD 545,000) will provide you with an opportunity to apply for a 10-year Golden Visa.