Emaar Properties · Business Bay
Peninsula Four
- Apartments
- Penthouses
- Duplexes
- Bedrooms
- Studio–4 BR
- Size
- 494–5,260 sqft
- Payment plan
- On request
- Completion
- 77%
- Available
- On request
- Handover
- Q1 2026
About Peninsula Four
Business Bay Off Plan Development
Peninsula Four sits within Peninsula, a master-planned waterfront community in Dubai Business Bay, one of Dubai's most established mixed-use districts. The project comprises two 52-storey residential towers plus a low-rise collection of 16 waterfront duplex lofts spread across 4 floors, totalling 1,040 units across the wider development. As an off plan Business Bay project backed by an established developer, it targets buyers looking for apartments for sale in Business Bay with direct canal frontage rather than a set-back position within the district.
The towers hold a unit mix of 302 studios, 473 one-bedroom, 132 two-bedroom, 82 three-bedroom, 16 four-bedroom and 4 four-bedroom penthouse apartments, giving buyers a wide range of studio, 1, 2, 3 and 4-bedroom configurations within a single address. The Lofts building adds 8 three-bedroom and 8 four-bedroom duplex units, positioning the project as one of the more varied off plan business bay schemes in terms of typology depth.
Architecture and Unit Design
Each apartment is designed around floor-to-ceiling glazing intended to frame views of the Burj Khalifa, the Downtown Dubai skyline and the Dubai Canal. Unit sizes range from 494 sq.ft. studios up to 5,260 sq.ft. four-bedroom penthouses, with tower ceiling heights of 2.4m to 3m and a 5.3m lobby ceiling. Kitchens across one, two and three-bedroom units include a fridge/freezer, stainless steel sinks, gas oven and hob extract hood, with dishwasher and washing machine provisions; four-bedroom penthouses and Loft units receive both appliances fitted as standard.
The Lofts building offers a lower-density alternative to the towers, with three and four-bedroom duplexes ranging from 3,674 sq.ft. to 4,513 sq.ft., a 4.5m lobby ceiling and 3.25m unit ceilings. Parking allocation scales with unit size, from one bay for studios and one-bedrooms in the towers up to four bays for four-bedroom penthouses, and three bays per Loft duplex.
Amenities and The Plaza
Residents have access to The Plaza, a landscaped retail and dining podium at the centre of the Peninsula masterplan, featuring waterside restaurants, cafes, boutique retail and public realm space connecting the towers to the Dubai Canal. Each tower includes its own swimming pool, kids' pool, gym and sauna, while The Lofts building has a separate infinity lap pool, sundeck, sauna, gym and squash courts.
Tower lobbies include 24-hour security and reception, a co-working space, and a dedicated drop-off area, supported by 7 elevators per tower and district cooling across the development.
Select Group Track Record
Peninsula Four is developed by Select Group, a Dubai-headquartered developer active since 2002 with more than 20 million sq.ft. of delivered and in-progress development and a combined Gross Development Value exceeding AED 17 billion. The company has delivered around 7,000 homes to date, spanning residential towers such as Marina Gate and Studio One as well as hospitality assets operated with InterContinental, Radisson Blu and Jumeirah Group.
Peninsula Four was launched in 2022 alongside sister buildings Peninsula One, Two, Three and Five within the same waterfront masterplan, reflecting Select Group's phased approach to building out multiple towers under one community identity in Business Bay.
Business Bay Investment Case
Business Bay property investment activity has remained consistent given the district's position between Downtown Dubai and Sheikh Zayed Road, with direct access to the Dubai Canal promenade. Peninsula Four's waterfront-facing towers and Loft duplexes give investors exposure to both high-rise apartment demand and lower-density family-oriented stock within the same registered project, a mix not commonly available in a single Business Bay launch.
Key highlights
- Two 52-storey towers plus 16 waterfront duplex lofts in Business Bay
- Unit sizes from 494 sq.ft. studios to 5,260 sq.ft. four-bedroom penthouses
- 1,040 units across studio to 4-bedroom apartments and 3-4 bedroom duplexes
- Direct Dubai Canal frontage with Burj Khalifa and skyline views
- Developed by Select Group, active in Dubai real estate since 2002
- Handover targeted for Q1 2026
Why this project
- Waterfront towers and low-rise duplex lofts in one Business Bay masterplan, with canal and Burj Khalifa views.
Amenities
- •Infinity lap pool
- •tower swimming pools
- •kids' pool
- •gym
- •sauna
- •squash courts
- •co-working space
- •24-hour security and reception
- •landscaped plaza
Location
Connectivity from Peninsula
Peninsula Four sits inside the Peninsula masterplan in Business Bay, close to Downtown Dubai, the Dubai Mall, Burj Khalifa and Dubai Opera. The community has direct access to Al Khail Road and Sheikh Zayed Road, placing Dubai International Financial Centre, Dubai Design District and Jumeirah within a short drive.
The location also offers reach toward Dubai Marina and Dubai's Old Town along the canal corridor, useful for residents commuting across the city or hosting visitors who want to walk to Downtown attractions rather than rely solely on the road network.
Business Bay Neighbourhood Profile
Business Bay is known as Dubai's central business and residential district along the Dubai Canal, combining commercial towers, hotels and high-rise apartment stock in one address. Peninsula's waterfront position within Business Bay adds a marina-style promenade and retail plaza to that mix, differentiating it from the office-dominated blocks closer to Sheikh Zayed Road. Buyers researching off plan projects in Business Bay typically compare canal-facing schemes like Peninsula against inland towers, with waterfront frontage commanding a distinct position in the local market.
Project information
- Developer
- Emaar Properties
- Location
- Business Bay
- Handover
- Q1 2026
- Total units
- 1040
- RERA Escrow
- Emirates NBD Bank PJSC
- DLD Project #
- 2461
DLD-verified today
Project intelligence
Live DLD dataReal Dubai Land Department transactions and rent contracts — not developer marketing.
Peninsula Four — handover progress
77%Resale at Peninsula Four
170 transactions · last 12 months
- StudioAED 2,554/sqft57 sales
- 1 BRAED 2,462/sqft84 sales
- 2 BRAED 2,523/sqft21 sales
- 3 BRAED 2,712/sqft8 sales
Business Bay market
studio · 2,225 sales analyzed
Indicative gross yield
At the starting price of AED 995,000, typical rent for a studio in Business Bay (AED 57,300/year, ~AED 4,800/month) implies a 5.8% gross yield.
Based on 500 DLD rent contracts in the last 12 months. Gross yield excludes service charges, vacancy and management fees.
Source: Dubai Land Department open data. Analytics are computed from registered transactions and rent contracts; figures are indicative and not a guarantee of future performance.
Bedrooms available at Peninsula Four
- Studio
- 1 Bedroom
- 2 Bedrooms
- 3 Bedrooms
- 4 Bedrooms
Frequently asked questions about Peninsula Four
Which area is Peninsula Four located in?
Peninsula Four is part of the Peninsula waterfront masterplan in Business Bay, Dubai, directly fronting the Dubai Canal near Downtown Dubai.
Who is the developer of Peninsula Four?
Peninsula Four is developed by Select Group, a Dubai-based developer operating since 2002 with projects including Marina Gate, Studio One and other towers in the Peninsula masterplan.
What unit types are available at Peninsula Four?
The towers offer studio, 1, 2, 3 and 4-bedroom apartments plus four-bedroom penthouses, while The Lofts building offers 3 and 4-bedroom duplexes.
What is the smallest and largest unit size at Peninsula Four?
Unit sizes range from 494 sq.ft. studios in the towers to 5,260 sq.ft. four-bedroom penthouses, with Loft duplexes ranging from 3,674 to 4,513 sq.ft.
When is Peninsula Four expected to be handed over?
According to Dubai Land Department records, the project's scheduled completion date is set for Q1 2026.
Is Business Bay a good area for property investment?
Business Bay is one of Dubai's most established mixed-use districts, sitting between Downtown Dubai and Sheikh Zayed Road with direct canal access, which supports consistent demand for both end-user and investor purchases.
How many units are in the Peninsula Four project?
Dubai Land Department records list 1,040 units across 6 buildings within the registered Peninsula Four project, including residential and retail components.
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