Peninsula Four The Plaza tower view in Business Bay Dubai showing completed exterior architecture and landscaped surroundings during the June 2026 construction update Captured by Tohid Fetrat

Select Group · Business Bay

Peninsula Four The Plaza Construction Updates

The Completed Build Record on the Dubai Canal Waterfront

Peninsula Four The Plaza reached 100% construction at its 24 June 2026 RERA inspection, completing Select Group's twin-tower delivery on the Dubai Canal waterfront in Business Bay.

Construction record verified against RERA inspection data, from groundbreaking through to the 100% completion reading.

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100%Construction Progress
24 June 2026Latest RERA Inspection
1,025 ResidencesTotal Units
Project 2461DLD Registration

Construction Snapshot

Peninsula Four The Plaza at a Glance

Peninsula Four The Plaza is Select Group's 1,025-residence waterfront development inside the Peninsula master community on Dubai Canal. Just under three years and nine months separate its 01 October 2022 construction start from the 100% recorded at the 24 June 2026 inspection, with the Building Completion Certificate received on 22 May 2026, and the figures below are the DLD-registered anchors behind that finished record. As the largest single phase tracked on this site within Peninsula, its completed build history also closes the delivery story of the masterplan's canal frontage itself.

DLD Project Number

2461

Project Status

Completed

Construction Start

01 October 2022

Total Units

1,025 residential units

Total Built-Up Area

114,514.32 sq m

Registered Completion Date

01 February 2026 (DLD)

Figures from Dubai Land Department registration records, updated after each recorded inspection. How every project on this site is tracked is explained once on the Dubai Construction Updates hub.

Inspection Record

Peninsula Four The Plaza Construction Update Timeline

Five recorded inspections span this build from start to finish: an early structural reading of 5.93% in June 2023, the halfway mark crossed by February 2025, an 88.45% facade-and-finishing reading in December 2025, 95.59% in April 2026, and the closing 100% recorded on 24 June 2026. Each dot on the track below is one of those inspections, and each table row links the full monthly update with site photographs.

Inspection MonthConstruction ProgressInspection DateFull Update
June 2026100%24 June 2026View the June 2026 update
April 202695.59%15 April 2026View the April 2026 update
December 202588.45%04 December 2025View the December 2025 update
February 202550.21%21 February 2025View the February 2025 update
June 20235.93%19 June 2023View the June 2023 update
!

Reading the dates: the DLD-registered completion date for project 2461 was 01 February 2026, an administrative anchor set at registration that passed before the building was certified. The Building Completion Certificate was then received on 22 May 2026, and the 24 June 2026 inspection recorded 100%, with the DLD register now showing a Finished status. Ask for current resale availability on WhatsApp.

Pace Analysis

How Fast Peninsula Four The Plaza Has Been Built

Reading the pace between inspections tells buyers more than any single percentage. Peninsula Four's completed record splits into four distinct phases, each with its own velocity:

  • Jun 2023 to Feb 2025: structural phase, 5.93% to 50.21%About 2.2 points per month
  • Feb 2025 to Dec 2025: facade and fit-out, 50.21% to 88.45%About 4.1 points per month
  • Dec 2025 to Apr 2026: finishing and commissioning, 88.45% to 95.59%About 1.6 points per month
  • Apr 2026 to Jun 2026: completion and handover, 95.59% to 100%About 1.9 points per month

The shape of that curve is what an experienced eye looks for, and this one now runs its full length. The 2025 acceleration, when recorded progress rose 38 points in under ten months, is the phase where the twin towers went from structure to enclosed, fitted buildings. The taper through finishing was never a slowdown in effort but the arithmetic of completion: commissioning building systems, closing out canal-edge landscaping, and clearing final approvals moves the percentage far less per month than pouring floor plates ever did, which is why the last 4.41 points to 100% took from April to June 2026. For an investor reading delivery consistency or an end user planning their move, a project that held a steady finishing pace and closed cleanly at a certified 100% is the delivery profile that matters most in the record.

Get the Certified Completion Details

Peninsula Four The Plaza is complete. Tell me you are following this project and I will send you the certified completion record and current resale availability directly.

Get the Completion Details on WhatsApp

Project Profile

About Peninsula Four The Plaza at Business Bay

The build percentage only matters in the context of what is being delivered. The full project guide covers what buyers are tracking toward on this page:

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

Peninsula Four The Plaza Project Guide

Layouts across 1,025 waterfront residences, amenities, the Peninsula masterplan position on Dubai Canal, and the full investment case behind Select Group's Business Bay development.

View the Peninsula Four Project Guide

Considering a Completed Unit?

Now that Peninsula Four is certified complete, buying here removes construction risk entirely: the building is inspectable today and ready to occupy or let. Ready and resale availability shifts week to week, so ask me for the current list.

Ask What Is Available on WhatsApp

Stage Record

Peninsula Four The Plaza Build Stages, Mapped to the Inspections

Rather than a generic construction sequence, each stage below is anchored to the inspection window it actually occupied in this project's completed record, so you can see when Peninsula Four passed through it on the way to a certified 100%.

Oct 2022 to mid 2023

Site Activation and Groundworks

From the 01 October 2022 construction start to the first tracked inspection: enabling works, foundations, and podium groundworks on the canal-front plot.

Jun 2023 at 5.93%

Early Structure Recorded

The 19 June 2023 inspection caught the project at 5.93%: foundation and early structural works underway across the 114,514 sq m built-up footprint.

Jun 2023 to Feb 2025

Twin Tower Structure

The longest stage in the record: floor plates and cores rose across both towers until the 21 February 2025 inspection crossed the halfway mark at 50.21%.

Feb 2025 to Dec 2025

Facade, Fit-Out, and Canal Frontage

The fastest phase: 38 points in under ten months as the towers were enclosed and waterfront podium and landscaping works advanced to 88.45% by 04 December 2025.

Dec 2025 to Jun 2026, closed at 100%

Finishing, Commissioning, and Handover

Apartment finishing and building systems commissioning completed through 95.59% on 15 April 2026, with the Building Completion Certificate received 22 May 2026 and 100% confirmed at the 24 June 2026 inspection.

What each construction stage involves in general is covered once in the guides on the Dubai Construction Updates hub, so this page stays focused on Peninsula Four's own record.

Buyer Position

Tracking Your Position at Peninsula Four The Plaza

This page is one of four project resources that together cover a Peninsula Four purchase from payment protection to residency to handover. You are on the construction record; the siblings sit one click away:

Peninsula Four The Plaza tower view in Business Bay Dubai showing completed exterior architecture and landscaped surroundings during the June 2026 construction update Captured by Tohid Fetrat
You Are Here

Peninsula Four Construction Updates

This page: the verified inspection record for Peninsula Four The Plaza, from groundbreaking to handover.

Peninsula Four The Plaza in Business Bay Dubai with UAE Golden Visa investment concept Presented by Tohid Fetrat

Peninsula Four Golden Visa

Check whether a qualifying Peninsula Four purchase supports 10-year UAE Golden Visa residency eligibility.

Read the Peninsula Four Golden Visa Guide
Peninsula Four The Plaza escrow account and secure Dubai property investment concept in Business Bay Presented by Tohid Fetrat

Peninsula Four Escrow Account

Verify the project's DLD-registered escrow account and how each installment tracks certified construction milestones.

Verify the Peninsula Four Escrow Account
Peninsula Four Why Snagging Matters at This Stage showing residential towers and landscaped podium during inspection on 19 June 2026 in Dubai Captured by Tohid Fetrat

Peninsula Four Snagging Inspection

With the towers certified complete, arrange independent defect documentation before you accept your residence at handover.

Book Peninsula Four Snagging

Handover Is Live

Now That Peninsula Four Is Complete: What Buyers Should Do at Handover

With the 24 June 2026 inspection recording 100% and the Building Completion Certificate already in hand, the questions change from tracking construction to completing handover cleanly. Handover notices give buyers a short window to complete their appointment, so the three steps below matter the moment your notice arrives, whether you bought off-plan or are buying a ready unit on resale.

First, arrange independent snagging so defects in your residence are documented before you accept the keys; the Peninsula Four snagging page covers timing and what gets inspected on a completed unit.

Second, confirm any final completion payment routes only to the DLD-registered escrow account for project 2461, verified on the Peninsula Four escrow account page before you release the balance.

Third, if your purchase may qualify for residency, settle eligibility around the title transfer through the Peninsula Four Golden Visa guide, since the title deed timing affects the application path.

Send me your unit number on WhatsApp and I will map the handover, snagging, and transfer sequence for your specific unit at the completed project.

The Wider Picture

Explore Peninsula Structure

A build record is only half the picture; the other half is what is rising around it. These three pages put Peninsula Four's progress in its masterplan, community, and developer context:

Peninsula waterfront properties for sale in Business Bay Dubai with Burj Khalifa skyline and Dubai Canal views Presented by Tohid Fetrat

Peninsula Waterfront Apartments for Sale

Browse Peninsula waterfront apartments, duplex lofts, and penthouses delivering around Peninsula Four on Dubai Canal.

See Peninsula Properties for Sale
Business Bay skyline view featuring Opus Tower Bugatti Residences by Binghatti The Binary by Omniyat and Ahad Tower with modern high rise architecture and urban city streets captured by Tohid Fetrat

Business Bay Community Overview

See how Dubai Canal infrastructure, towers, and Downtown connectivity are reshaping Business Bay around this project.

Explore the Business Bay Community
Select Group branded tower with Dubai skyline and Burj Khalifa view during sunset Presented by Tohid Fetrat

Select Group Developer Profile

Review Select Group's completed waterfront towers and delivery record now that Peninsula Four has reached handover.

View the Select Group Developer Profile

Construction tracking for other Dubai projects is indexed on the Dubai Construction Updates hub.

FAQs

Peninsula Four The Plaza Construction Updates Frequently Asked Questions

Peninsula Four The Plaza is complete. The DLD-registered project (number 2461) recorded 100% at the 24 June 2026 RERA inspection, and the DLD register now shows a Finished status. The full record is in the inspection timeline above.

The 24 June 2026 inspection recorded 100% construction, a final gain of 4.41 points from the 95.59% reading of April 2026, confirming completion. The full site report and photographs are in the June 2026 construction update.

Between recorded inspections, the pace ran at roughly 2.2 percentage points per month through the structural phase, accelerated to about 4.1 points per month through facade and fit-out during 2025, eased to about 1.6 points per month in finishing, and closed at about 1.9 points per month from 95.59% in April 2026 to 100% in June 2026. The full breakdown is in the pace analysis above.

Yes. Peninsula Four The Plaza received its Building Completion Certificate on 22 May 2026, and the 24 June 2026 inspection recorded 100%. The DLD-registered completion date of 01 February 2026 was an anticipated date set at registration that passed before certification; the DLD register now shows the project Finished.

DLD registration records show 1,025 residential units across apartments, duplex lofts, and penthouses, with a total built-up area of 114,514.32 sq m, making it one of the largest single phases within the Peninsula masterplan.

Construction officially started on 01 October 2022. The first tracked inspection, dated 19 June 2023, recorded 5.93% progress; that early reading is documented in the June 2023 construction update. From that start, the build reached a certified 100% by 24 June 2026.

Yes. The development's twin towers sit directly on Dubai Canal within the Peninsula masterplan, with waterfront residences overlooking the canal and the Downtown Dubai skyline. Layouts and the investment case are in the Peninsula Four The Plaza project guide.

With the project certified at 100%, buyers should arrange independent snagging at Peninsula Four around their handover appointment, confirm any final completion payment routes to the DLD-registered escrow account on the Peninsula Four The Plaza escrow account page, and settle any residency questions via the Peninsula Four The Plaza Golden Visa guide around the title transfer.

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

Your Advisor

Tohid Fetrat

Independent of the developer: I work for the buyer, and my only job on this page is keeping the Peninsula Four The Plaza construction record accurate, inspection by inspection, from groundbreaking through to its certified 100% completion, having walked the site personally each inspection period. Client identities and transactions are never published or referenced. Message or call me directly: you will always reach me personally, never a call center or sales team.

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