Gallery
Imagery courtesy of Select Group.
The project
About Peninsula Four — The Plaza
Peninsula Four, The Plaza, is a phase of Select Group's Peninsula master plan on the Dubai Water Canal in Business Bay.
Launch pricing started around AED 973K on a 40/60 plan, with 60% due on handover.
Handover is cited between February and mid-2026; a construction contract of about AED 1 billion went to ABM.
Payment
Payment plan
40/60 — 20% on booking, 20% during construction, 60% on handover
At a glance
Peninsula Four — The Plaza key facts
- Developer
- Select Group
- Community
- Business Bay
- Status
- Handover soon
- Handover
- Q2 2026
- Starting price
- AED 973K
- Unit types
- Studio, 1 Bedroom, 2 Bedroom, 3 Bedroom
- Payment plan
- 40/60
- Ownership
- Freehold — open to all nationalities
Cost breakdown
What you pay, and when
Worked example on the starting price of AED 973K. Amounts scale with the unit you choose.
Units priced at AED 2M or more qualify for the 10-year UAE Golden Visa (subject to current ICP rules).
Process
How to buy at Peninsula Four — The Plaza
- 01
Agree the price
Agree terms with the seller of a unit at Peninsula Four — The Plaza, supported by recent Dubai Land Department transactions.
- 02
Form F (MOU)
Buyer and seller sign the RERA Form F memorandum of understanding and a 10% security cheque is lodged.
- 03
Developer NOC
Select Group issues a No Objection Certificate once any outstanding service charges or instalments are settled.
- 04
Transfer
Transfer takes place at a Dubai Land Department trustee office; the 4% DLD fee is paid and the new title deed is issued.
Our read
The honest view
Every project has trade-offs. Here are both sides, so you can judge whether this one fits what you actually want.
What stands out
- Canal-front Peninsula master plan
- Heavy weighting to handover payment
- Around AED 1B construction contract
What to weigh
- Handover date varies across sources
- Payment plan reported differently on some listings
- Resale asks well above launch price
FAQ
Peninsula Four — The Plaza — frequently asked questions
What is the starting price of Peninsula Four — The Plaza?
Published pricing at Peninsula Four — The Plaza starts from AED 973K. Developer pricing changes with each release, so contact MRK Real Estate to confirm current availability.
When is the handover of Peninsula Four — The Plaza?
Peninsula Four — The Plaza is scheduled for handover in Q2 2026. Off-plan timelines can move, so confirm the current schedule before committing.
What is the payment plan for Peninsula Four — The Plaza?
40/60 — 20% on booking, 20% during construction, 60% on handover
Who is the developer of Peninsula Four — The Plaza?
Peninsula Four — The Plaza is developed by Select Group in Business Bay, Dubai.
What unit types are available at Peninsula Four — The Plaza?
Peninsula Four — The Plaza offers Studio, 1 Bedroom, 2 Bedroom, 3 Bedroom.
Where is Peninsula Four — The Plaza located?
Peninsula Four — The Plaza is in Business Bay, Dubai.
Can foreigners buy at Peninsula Four — The Plaza?
Yes. Business Bay is a freehold area, so buyers of any nationality can own property at Peninsula Four — The Plaza outright.
Does buying at Peninsula Four — The Plaza qualify for the UAE Golden Visa?
The entry price of AED 973K is below the AED 2 million threshold for the property Golden Visa; larger units priced at AED 2 million or more can qualify, subject to current ICP rules.
What are the purchase costs at Peninsula Four — The Plaza?
Beyond the purchase price, the Dubai Land Department charges a 4% registration fee — about AED 39K on the starting price — plus a small admin and trustee fee.
How do I buy or sell at Peninsula Four — The Plaza?
MRK Real Estate advises on primary purchases and resales at Peninsula Four — The Plaza. Message us on WhatsApp for availability, floor plans and a valuation.
Figures shown are as published by the developer and were last checked on 2026-10-31. Developer pricing, availability and handover dates change between releases — we confirm current terms directly with Select Group before any transaction.
