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 tracking against RERA inspection data, updated after every recorded inspection.
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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.
2461
Completed
01 October 2022
1,025 residential units
114,514.32 sq m
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 Month | Construction Progress | Inspection Date | Full Update |
|---|---|---|---|
| June 2026 | 100% | 24 June 2026 | View the June 2026 update |
| April 2026 | 95.59% | 15 April 2026 | View the April 2026 update |
| December 2025 | 88.45% | 04 December 2025 | View the December 2025 update |
| February 2025 | 50.21% | 21 February 2025 | View the February 2025 update |
| June 2023 | 5.93% | 19 June 2023 | View 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 Next Inspection Figure First
Tell me you are tracking Peninsula Four The Plaza and I will send you the next recorded figure and site photos directly, ahead of the page update.
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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: Select Group Residences on the Dubai Canal
Peninsula Four The Plaza is the plaza-front address in Select Group's Peninsula community, pairing studios with duplex lofts and penthouses.
View the Peninsula Four The Plaza Project GuideConsidering 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 About Remaining Availability on WhatsAppStage 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%.
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.
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.
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%.
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.
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 The Plaza'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 The Plaza purchase from payment protection to residency to handover. You are on the construction record; the siblings sit one click away:
Peninsula Four The Plaza Construction Updates
This page: the verified inspection record for Peninsula Four The Plaza, from groundbreaking to handover.
Peninsula Four The Plaza Golden Visa: The Line Runs Through the List
Select Group's Peninsula Four The Plaza in Business Bay qualifies at 3 bedroom apartments and the duplex loft and penthouse collection.
Read the Peninsula Four The Plaza Golden Visa Guide
Peninsula Four The Plaza Escrow: Select Group's Business Bay Account
Select Group's Peninsula Four The Plaza, DLD project 2461, read 100% certified June 2026, its 1025 units escrowed at Emirates NBD.
Verify the Peninsula Four The Plaza Escrow Account
Peninsula Four The Plaza Snagging on Dubai Canal
Peninsula Four The Plaza is Select Group's twin-tower development on the Dubai Water Canal, 1,025 residences from studios to duplex penthouses.
Book Peninsula Four The Plaza SnaggingApproaching Handover
Between 100% and Handover: What Peninsula Four The Plaza Buyers Should Do Now
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 tell you what the latest inspection means for your handover and map the sequence for your specific unit.
The Wider Picture
Explore Business Bay 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:
Business Bay Properties for Sale
Browse canal-front apartments, penthouses and branded residences for sale across Business Bay.
See Business Bay Properties for Sale
Business Bay Community Overview
Read the Business Bay guide: canal-front towers, offices and residences minutes from Downtown, with prices and rental demand covered.
Explore the Business Bay Community
Select Group: Premium Waterfront Residences From Marina Gate to Peninsula
Select Group delivers waterfront developments in Palm Jumeirah, Business Bay and Dubai Marina: founded in 2002, with over 7,000 units delivered.
View the Select Group Developer ProfileConstruction 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.
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, until handover, walking 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.
Ask your question, get your answer. No obligation and no follow-up unless you ask for it.