Peninsula Four
by Select Group

Studios, 1 to 4 bedroom apartments, penthouses and duplex lofts

AED 1,23 mln Starting price
Q2 2026 Handover
Peninsula Fourby Select Group

Buy Apartments in Peninsula Four by Select Group, Business Bay

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Amirans Kavtaradze

List by

Amirans Kavtaradze

Starting Price AED 1,230,000
Location Business Bay
Developer Select Group
Handover Q2 2026
Living Area 494 sq. ft. - 5,260 sq. ft.
Bedrooms Studios - 4 BR

Peninsula Four, The Plaza is a waterfront address on Dubai Canal, offering studios through four bedroom apartments, penthouses and duplex lofts alongside pools, wellness spaces, co-working areas and a retail plaza.

Two 52-storey towers rise beside a cluster of waterfront duplex lofts on the canal-side edge of Select Group's Peninsula masterplan. Homes range from compact 494 sq ft studios to 5,260 sq ft penthouses. Buyers can choose an efficient rental unit or a larger family home. Anyone planning to buy an apartment in Peninsula Four can consider layouts with one to four bedrooms. The Lofts add sixteen duplex residences of 3,674 to 4,513 sq ft, each with a private infinity pool. Interiors use a calm, contemporary palette, while floor-to-ceiling glazing frames Dubai Canal or the Downtown skyline crowned by Burj Khalifa. Homes are unfurnished and include equipped kitchens, leaving residents free to choose their own styling. High-ceilinged lobbies, drop-off zones and district cooling support daily convenience. On the shared podium are adult and children's pools, indoor and outdoor gyms, a sauna, squash court and landscaped terraces. Those researching The Plaza Peninsula Four waterfront apartments will also find restaurants, cafés and boutiques around the masterplan's walkable urban square.

Peninsula Four
About Peninsula Four by Select Group

Overview of Peninsula Four

Positioned directly on Dubai Canal, this Select Group tower pairs a walkable retail plaza with skyline and water views, making the apartments for sale in Business Bay appealing to both residents and yield-focused buyers seeking a central address.

5%

Average ROI

6%

Maximum ROI

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Community

Business Bay is a dense mixed-use district following the curve of Dubai Canal beside Downtown Dubai. Offices, residential towers and a working waterfront promenade give it an energetic urban rhythm. The area attracts professionals working across Downtown, DIFC and the Sheikh Zayed Road corridor. Restaurants, cafés, parks and supermarkets also make it practical for couples and small families. Buyers exploring real estate in Business Bay will find canal-facing homes in a recognisable premium submarket, distinct from properties on inland streets.

Supermarkets, clinics, nurseries and casual dining cover everyday needs within the district, while most schools are in neighbouring communities. Connectivity is a key reason people buy property in Business Bay. The Red Line metro, buses and water taxis complement access via Al Khail Road and Sheikh Zayed Road. From Peninsula Four, Dubai Mall is 5 minutes away by car, Palm Jumeirah 19 minutes and Dubai International Airport 11 minutes.

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Interior

The interior language is calm and contemporary, built around neutral tones that let the outward views do the talking. Floor-to-ceiling windows pull daylight deep into each home and frame either the canal or the Downtown skyline, so the palette stays restrained and the eye keeps moving toward the water and the towers beyond. High-ceilinged lobbies set an airy tone at arrival, and that sense of volume carries through into the living spaces. Delivered unfurnished, the homes give owners a well-lit canvas to layer in their own materials rather than a fixed developer styling.

Kitchens are handed over equipped with a refrigerator, stainless-steel sink, gas oven and hob with an extractor hood. Plumbing is also provided for a dishwasher and washing machine. The remaining spaces are left unfurnished for the incoming owner to personalise. In the duplex lofts, a private infinity lap pool extends the living space outdoors and gives each waterfront residence an amenity of its own.

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Infrastructure

Daily life centres on The Plaza, the open urban square at the heart of the Peninsula masterplan. Restaurants, waterside cafés and boutiques sit within a short stroll of the front door. Coffee runs, casual lunches and evening meals can therefore fit easily into a walkable routine. Beyond the plaza, the wider area of property for sale in Business Bay includes supermarkets, bakeries and independent cafés along the canal promenade, giving residents nearby options for groceries and small errands.

Dubai Mall, 5 minutes away by car, provides flagship shopping, cinemas and entertainment. Emirates Hospital Clinics are also nearby. Public transport includes Business Bay Metro Station, reached in 5 minutes by car, as well as buses and canal water taxis. Palm Jumeirah is a 19-minute drive, while Dubai International Airport is 11 minutes away.

Overview

Could a canal-front address be your next investment?

Amenities of Peninsula Four by Select Group

Residents of these Business Bay flats for sale gain access to a full podium of wellness, leisure and family facilities set beside the canal.

Adult and children's swimming pools

Adult and children's swimming pools

Indoor and outdoor gyms

Indoor and outdoor gyms

Children's play areas

Children's play areas

Sauna and pool deck
Squash court
Barbecue and landscaped outdoor areas
Co-working and lounge spaces
Waterfront retail and dining plaza
Covered parking and high-speed elevators
24-hour security and reception
CCTV and district cooling
Gallery

Peninsula Four: Waterfront Studios and 1–4 Bedroom Residences on Dubai Canal

Master Plan Peninsula Fourby Select Group

Master Plan Peninsula Four
by Select Group

Master Plan

Floor Plans Peninsula Four by Select Group

Property Type
Bedrooms
Area
Starting Price
Studio
from 491 sq. ft.
Ask for Price
Studio
Ask for Price 491 sq. ft.
Bathrooms Bathrooms1

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Apartments
1 Bedroom
from 549 sq. ft.
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1 Bedroom Apartments
Ask for Price 549 sq. ft.
Bedrooms Bedrooms1
Bathrooms Bathrooms1

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We will help you get an asset that is growing in value

Apartments
2 Bedrooms
from 1,407 sq. ft.
Ask for Price
2 Bedrooms Apartments
Ask for Price 1,407 sq. ft.
Bedrooms Bedrooms2

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Apartments
3 Bedrooms
from 1,937 sq. ft.
Ask for Price
3 Bedrooms Apartments
Ask for Price 1,937 sq. ft.
Bedrooms Bedrooms3
Bathrooms Bathrooms3

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We will help you get an asset that is growing in value

Apartments
4 Bedrooms
from 2,592 sq. ft.
Ask for Price
4 Bedrooms Apartments
Ask for Price 2,592 sq. ft.
Bedrooms Bedrooms4
Bathrooms Bathrooms4

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We will help you get an asset that is growing in value

Penthouses
4 Bedrooms
from 5,247 sq. ft.
Ask for Price
4 Bedrooms Penthouses
Ask for Price 5,247 sq. ft.
Bedrooms Bedrooms4
Bathrooms Bathrooms4

Are you looking for a profitable investment option?

We will help you get an asset that is growing in value

Floor Plans

About Our Approach to Work — Alcenza

At Alcenza Properties, we present the best properties in Dubai, whether for permanent residence or investment. Our team handles every aspect of the process, including transactions, documentation, legal issues, and logistics. This ensures you can focus on your daily life without wasting time on organizational matters.

Step 1.

Initial
Consultation

Our agent will arrange a personal meeting or discuss everything in a format that suits you best. During this consultation, you will outline your goals, be it residence, investment, visa acquisition, or other needs. We will provide you with the most optimal solutions.

Step 2.

Finding the Best Property

Based on your budget and investment goals, we will present a selection of real estate options, including off-plan, primary, and secondary market properties. We will handle all communication with a developer or private owner.

Step 3.

Communication With a Seller

We act as the liaison between you and the seller. From verifying documentation to organizing meetings and monitoring every stage of the transaction, we manage the whole process.

Step 4.

Legal Documentation and Management

Our team ensures the smooth and transparent transfer of property rights through the Dubai Land Department (DLD). We assist with visa applications and offer property management services.

15+
With extensive expertise in the UAE and European real estate markets, we are ready to offer you the most profitable solutions. We guarantee transparency and security at every stage of your transaction.
30%+ Profit From Resale
Our clients have achieved profits of up to 30% within just two years by reselling properties with our guidance.
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Peninsula Four
About Us

Economic Attractiveness

Liquidity is supported by the pedigree of Select Group, the developer behind the wider Peninsula masterplan and a run of established Dubai and London addresses.

Get Full Investment Details

2,09 mln 22%

Median price (AED)

2,520 4%

Median price per sqft (AED)

183 65%

Transactions

Source: Data taken from DXB for the last year, overview Peninsula Four by Select Group

The investment case combines a canal-front address with a broad residential mix. Proximity to Downtown Dubai, DIFC and the Sheikh Zayed Road corridor supports tenant demand among professionals seeking a short commute. Water and Burj Khalifa views provide a clear rental differentiator. Pools, gyms, wellness facilities and co-working areas add the service level many tenants expect, while Business Bay Metro expands the potential renter base. A 1 bedroom apartment for sale in Business Bay typically draws broad demand. A 2 bedroom apartment for sale in Business Bay can suit family tenants, with canal-facing homes occupying a recognised premium band.

Current asking prices start at AED 1,230,000 for a studio and AED 1,350,000 for a one bedroom apartment. Larger residences are priced above these levels. A Peninsula Four investment is available to foreign nationals because Business Bay is a designated freehold zone. The same ownership rules apply to a 2 bedroom apartment for sale in Business Bay.

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For Rent

Business Bay provides the clearest rental benchmark while Peninsula Four's leasing record develops. In 2026, one bedroom apartments in the district typically ask about AED 95,000 a year, two bedroom homes around AED 140,000 and studios from AED 41,999. Project-specific broker guidance from March 2026 places the Peninsula Four rental yield at roughly 5 to 6% gross annually. Canal views, podium amenities and access to central employment districts can support tenant interest and occupancy.

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For Living

For an owner-occupier, daily life here turns on light, water and walkability. The Peninsula Four floor plans span efficient studios through generous four bedroom homes and two-level duplex lofts, so the format scales with a household's needs, while floor-to-ceiling windows keep the canal or the Downtown skyline in constant view. Homes arrive unfurnished with equipped kitchens, leaving room to personalise finishes. Business Bay is a comfortable place to settle: supermarkets, clinics, nurseries and casual dining sit within the neighbourhood, the canal promenade offers a genuine outdoor escape, and Downtown Dubai is minutes away for weekend leisure. The podium's pools, gyms and landscaped terraces round out the rhythm at home.

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For Resale

Resale value is supported by Business Bay's active residential market and the established appeal of canal-front addresses. The sixteen duplex lofts add scarcity, with large two-level layouts and private infinity pools that distinguish them from standard tower apartments. As the Peninsula masterplan matures and its retail plaza becomes established, owners gain a more complete waterfront setting. Select Group's track record and the limited supply of canal-facing homes can also strengthen buyer interest on a future exit.

UAE Golden Visa

Residence Visa

When purchasing a property from AED 2M (USD 545K), you can apply for a 10-year Golden Visa. This visa is renewed as long as you maintain ownership of the property.

Visa for Your Family

Your family members, including your spouse and children, can also get a Golden Visa. Once you receive a residence visa, you can continue your studies in the UAE, enjoy tax benefits, and conduct business in the country.

passport

Project Materials Peninsula Four
by Select Group

Project Materials

Developer Peninsula Four

Select Group is a Dubai-based developer founded in 2002, with an established reputation in the premium market.

Select Group reports a delivered and active portfolio exceeding 24.7 million sq ft across residential, commercial, hospitality and mixed-use projects in the UAE and UK. Its completed landmarks include Jumeirah Living Marina Gate, The Residences at Marina Gate, Studio One, 15 Northside and London's 98 Baker Street. Current Select Group projects include Six Senses Residences in Dubai Marina and on Palm Jumeirah, alongside the Peninsula masterplan.

Location Peninsula Four by Select Group

Peninsula Four occupies a canal-front enclave in Business Bay, 5 minutes by car from Dubai Mall, 15 minutes from Burj Al Arab and 19 minutes from Palm Jumeirah.

Al Khail Road and Sheikh Zayed Road provide direct links from the enclave to wider Dubai. By car, Dubai Mall is 5 minutes away, followed by Burj Al Arab at 15 minutes and Palm Jumeirah at 19 minutes, covering major shopping and leisure destinations.

Public transport includes buses, canal water taxis and the Red Line. Business Bay Metro Station is 5 minutes away by car, as is Burj Khalifa/Dubai Mall Metro Station. Dubai International Airport is an 11-minute drive, giving residents convenient access to local rail connections and the city's main air gateway.

Sights & Attractions

Dubai Mall

icon 5 min

Burj Al Arab

15 min

Palm Jumeirah

19 min

Healthcare facilities

Emirates Hospital Clinics

icon 5 min

Aster Clinic Business Bay

7 min

Mediclinic Dubai Mall

9 min

Educational institutions

GEMS Our Own School

icon 7 min

Horizon English School

10 min

JSS Private School

11 min

Transportation

Business Bay Metro St.

icon 5 min

Burj Khalifa/Dubai Mall Metro Station

5 min

Dubai International Airport

11 min

FAQ

Below are the questions buyers most often ask about Peninsula Four, from pricing and payment terms to layouts, views and investment returns. If your question is not covered here, our team is glad to help with tailored guidance.

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Where exactly is Peninsula Four located in Dubai?

The project occupies the Peninsula waterfront enclave on Dubai Canal in Business Bay, with direct canal access. Al Khail Road and Sheikh Zayed Road connect it to wider Dubai, while Business Bay Metro Station is the nearest metro option. By car, Dubai Mall is 5 minutes away, Burj Al Arab 15 minutes and Palm Jumeirah 19 minutes.

Who is the developer behind Peninsula Four?

Peninsula Four is developed by Select Group, a Dubai-based development and investment firm founded in 2002. The company reports a portfolio exceeding 24.7 million sq ft. Completed projects include Jumeirah Living Marina Gate, The Residences at Marina Gate, Studio One, 15 Northside and 98 Baker Street in London.

What property types and sizes are available?

The development offers studios, one to four bedroom apartments, penthouses and sixteen duplex lofts. Tower residences are reported from 494 sq ft studios up to 5,260 sq ft penthouses, while the waterfront duplex lofts span 3,674 to 4,513 sq ft, each with a private infinity pool.

How much does an apartment in Peninsula Four cost?

Current asking prices start from AED 1,230,000 for a studio and from AED 1,350,000 for a one bedroom apartment, with larger homes, penthouses and duplex lofts priced above. Prices vary by floor, layout and view, with canal-facing units sitting in a premium band.

What is the payment plan at Peninsula Four?

The published Peninsula Four payment plan is 40/60: 20% on booking, another 20% during construction and 60% on handover. As the current handover status has not been verified, buyers should confirm whether these developer terms remain available for a specific unit. Resale purchases are generally completed with cash or mortgage finance.

What amenities do Peninsula Four residents enjoy?

Residents share a full podium of facilities, including adult and children's pools, indoor and outdoor gyms, a sauna, squash court, children's play areas, barbecue zones and landscaped terraces. Co-working and lounge spaces, a waterfront retail plaza, covered parking and 24-hour security round out the offer.

What kind of views do the residences offer?

Floor-to-ceiling windows face either Dubai Canal or the Downtown Dubai skyline crowned by Burj Khalifa. Canal-facing homes offer a strong waterfront identity and occupy a distinct premium segment within the development. Skyline-facing units provide an urban outlook towards one of Dubai's best-known landmarks, giving buyers two clearly different orientations to consider.

Can foreigners buy property in Peninsula Four?

Yes. Business Bay is a designated freehold zone, so foreign nationals may own their residence outright, including the land title. This makes the project accessible to international investors and end-users alike, subject to the standard 4% Dubai Land Department transfer fee applied on purchase in Dubai.

What rental yield can investors expect?

Project-specific broker guidance from March 2026 indicates a gross rental yield of roughly 5 to 6% annually. For context on rents, Business Bay apartments in 2026 typically ask around AED 95,000 a year for one bedroom and AED 140,000 for two bedrooms. Actual returns depend on the purchase price, unit, view, occupancy and operating costs.
FAQ

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Peninsula Four
Amirans Kavtaradze

List by

Amirans Kavtaradze

  • 100% free guidance & advice
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Peninsula Four

Starting Price AED 1,23 mln

Handover Q2 2026