Peninsula Four The Plaza construction update June 2023 showing mixed use towers and landscaped streetscape in Business Bay Dubai Presented by Tohid Fetrat

Peninsula Four Construction Update - June 2023

June 2023 Inspection Confirms Peninsula Four Reaches Early Construction Progress

June 2023 inspection confirms enabling and piling works are progressing across Peninsula Four in Business Bay with active site mobilization and early construction activity underway.

Other Peninsula Four Construction Updates

Peninsula Four Construction Snapshot

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Project Name

Peninsula Four

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Project Number

2461

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Project Status

Active

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Construction Progress

5.93%

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Inspection Date

19 June 2023

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Construction Start

01 October 2022

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Total Units

1,040 residential and commercial units

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Total Built Area

114,514.32 sq m

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Expected Completion

01 February 2026

Peninsula Four Construction Progress Summary

The latest inspection conducted on 19 June 2023 confirms Peninsula Four has advanced from 0% to 5.93% construction progress as enabling works continue across the Business Bay waterfront site.

Current inspection findings confirm ongoing piling operations, active construction mobilization, and continued site preparation works supporting the next stage of structural development within the Peninsula master community.

Peninsula Four Early Construction Works Update

The June 2023 inspection report confirms enabling and piling works remain actively progressing at Peninsula Four, with visible site operations continuing across the Business Bay waterfront development.

The project introduces luxury residential towers, duplex lofts, retail components, and office spaces within Select Group’s Peninsula master community near Dubai Canal and Downtown Dubai.

Explore Peninsula Four Location on Dubai Map

Peninsula Four is positioned within Business Bay along Dubai Canal, a waterfront district designed around luxury residential living, skyline connectivity, and mixed use urban development.

The location connects residents toward Downtown Dubai, DIFC, Dubai Mall, and Sheikh Zayed Road while supporting long term waterfront growth within the Peninsula master community.

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Investing in Peninsula Four During Early Development

The increase from 0% to 5.93% construction progress reflects continued early stage development activity at Peninsula Four as enabling and piling works advance across Business Bay.

Ongoing construction progress supports the long term waterfront growth strategy behind the Peninsula master community and Dubai Canal waterfront development.

Dubai Golden Visa Through Peninsula Four

Eligible Peninsula Four investments may qualify buyers for long term UAE residency.

Escrow Protection for Peninsula Four

Buyer payments remain protected through a DLD regulated escrow account linked to construction milestones.

Peninsula Four The Plaza Project Details

Peninsula Four The Plaza is a luxury waterfront residential development within the Peninsula master community in Business Bay Dubai. The project features contemporary apartments, duplex lofts, penthouses, Dubai Canal frontage, skyline views, and lifestyle-focused amenities near Downtown Dubai.

Explore the full project including waterfront architecture, premium amenities, floor plans, investment opportunities, and urban lifestyle experiences within one of Dubai’s most connected canal-front communities.

Peninsula Four The Plaza by Select Group waterfront towers with Burj Khalifa skyline views along Dubai Canal in Business Bay Dubai Presented by Tohid Fetrat

Explore Peninsula Structure

Peninsula Four The Plaza is positioned within the wider Peninsula master community in Business Bay featuring Dubai Canal waterfront living, landscaped public spaces, retail destinations, and skyline facing residences near Downtown Dubai.

Peninsula Waterfront Apartments for Sale

Waterfront apartments, duplex lofts, and penthouses overlooking Dubai Canal and Downtown Dubai.

About Business Bay Master Community

Dubai Canal waterfront district featuring luxury towers, lifestyle destinations, and central Dubai connectivity.

Select Group Developer Profile

Luxury waterfront developments and branded residential projects across prime Dubai districts.

Peninsula Four The Plaza Construction Updates - FAQs

What is the current construction status of Peninsula Four The Plaza?

Peninsula Four The Plaza continues progressing within the Peninsula master community in Business Bay with active waterfront tower development and infrastructure advancement.

Where is Peninsula Four The Plaza located?

Peninsula Four The Plaza is located along Dubai Canal within Business Bay near Downtown Dubai and Burj Khalifa.

Who is developing Peninsula Four The Plaza?

The project is developed by Select Group, a Dubai developer known for waterfront and luxury residential projects.

What property types are available at Peninsula Four The Plaza?

The development includes studios, apartments, duplex lofts, and luxury penthouses overlooking Dubai Canal.

Does Peninsula Four The Plaza offer Dubai Canal views?

Yes. Many residences feature direct Dubai Canal, skyline, and Burj Khalifa facing views.

Is Peninsula Four The Plaza a freehold development?

Yes. Peninsula Four The Plaza is a freehold residential project available for eligible international buyers.

What amenities are planned at Peninsula Four The Plaza?

The project includes waterfront promenades, swimming pools, wellness facilities, fitness spaces, landscaped leisure areas, and retail experiences.

Why do buyers follow Peninsula Four The Plaza construction updates?

Construction updates help buyers monitor development progress, project activity, infrastructure readiness, and overall completion advancement within Business Bay Dubai.

Portrait of Tohid Fetrat, Dubai real estate advisor and portfolio manager with expertise in luxury developments
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