Overview

Property Description

With its prime location in Business Bay, Peninsula Four, The Plaza is the sixth phase of Select Group's flagship mixed-use development Peninsula. With two 52-storey towers featuring an array of stylish studios, 1-4 bedroom apartments, and 4-bedroom penthouses, the upscale residential complex was launched in Q3 2022.. Also available are ultra-refined waterfront duplex lofts with 3-4 bedrooms for prospective buyers. There will be a range of unit sizes ranging from a compact 494 square feet to a colossal 5,260 square feet, which will be suitable for single professionals as well as families. Please register your interest on our website to receive detailed information regarding property prices in Peninsula Four, The Plaza. Peninsula also includes Peninsula One, Peninsula Two, Peninsula Three, Peninsula Five - The Signature Collection, and Jumeirah Living Business Bay. As the intersection of Al A'mal St, Al Khaleej Al Tejari 1 St and Marasi Dr, Peninsula Four, The Plaza will provide excellent access to many desirable Dubai addresses. Within a 20-minute drive, you can visit DIFC, Palm Jumeirah, Dubai Marina, and Dubai International Airport.. Residents of the high-end complex are also within walking distance of Clover Bay Station 1, The Binary Tower, Business Bay Marine Transport Station, and Business Bay Metro Station. Peninsula Four, The Plaza will be surrounded by boutiques, entertainment venues, waterside restaurants, and alfresco dining venues that will offer the ultimate leisure experience. Besides using a property in this development as a private residence, you may also consider renting it out and generating a lucrative income.. According to Property Finder in Q3 2023, the gross yield for 1-bedroom apartments in Business Bay is a thumping 6.9%, with an annual rental cost of AED 50K (USD 13.6K). A Dubai investor visa can be obtained when you invest at least AED 750K (USD 205K) in a completed property. You will receive a 10 year Golden Visa if you purchase a ready-to-move-in property worth a minimum of AED 2M (USD 545K). As a result, you will be able to enjoy all the benefits of long-term residency in Dubai upon handover of Peninsula Four, The Plaza. *Price valid for 2022

Location