New homes in Peace Avenue start at AED 695,000; keys are due Jun 2028; you pay 20% to book, 40% while it is built and 40% at the keys.
In the 12 months to Oct 19, 2026, Dubai Land Department recorded 1,149 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in Downtown Jebel Ali. Their median price is AED 1,784 per sq ft (about AED 715,000 at 401 sq ft). This project's from price is AED 1,733 per sq ft (AED 695,000 for its smallest home, 401 sq ft), 3% less.
Keys
Jun 2028
The developer's handover date
Payment plan
20 / 40 / 40
20% to book, 40% while it is built, 40% at the keys
Bedrooms
Studio to 3 beds
Sizes
401 to 2,409 sq ft
Ownership
Freehold
Property types
Apartment
Registration fee
4% of the price
Paid to the Dubai Land Department
Details from the developer, as of Nov 1, 2026. They can change; ask us to confirm before you book.
Dubai Land Department register
From price per sq ft
AED 1,733 per sq ft
Similar off-plan homes: AED 1,784 per sq ft
We couldn't match this project to the Dubai Land Department project register yet. Ask us for its RERA project number.
Paying for it
You pay 20% when you book, 40% as the building goes up, and 40% when you get the keys.
AED
When
Stage
Share
Amount
Now
Booking
20%
AED 139,000
Feb 2027
While it is built
6.7%
AED 46,333
Apr 2027
While it is built
6.7%
AED 46,333
Jul 2027
While it is built
6.7%
AED 46,333
Oct 2027
While it is built
6.7%
AED 46,333
Jan 2028
While it is built
6.7%
AED 46,333
Mar 2028
While it is built
6.7%
AED 46,333
Jun 2028
Keys
40%
AED 278,000
Booking payment, 20%
AED 139,000
Dubai Land Department fee (Oqood), 4%
AED 27,800
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 166,800
The dates are our estimate: we spread the construction share evenly between now and the keys. The developer's real dates follow the building work, so they can move.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
Before you buy
Pay into the project's escrow account only.
Every off-plan project in Dubai must have an escrow account at a bank, watched by RERA. Pay into that account, never to a person. Ask for the account number.
Budget for the service charge.
Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. Ask Peace Homes Group for the estimate.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
Is the price fair?
Dubai Land Department recorded 1,149 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in Downtown Jebel Ali, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
We compare with off-plan sales across Downtown Jebel Ali, as this project isn't on the Dubai Land Department register yet or has too few sales.
Dubai Land Department recorded 1,149 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in Downtown Jebel Ali, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 1,784 per sq ft
AED 1,473 to AED 1,556 per sq ft
18 sales
AED 1,556 to AED 1,640 per sq ft
40 sales
AED 1,640 to AED 1,723 per sq ft
165 sales
AED 1,723 to AED 1,807 per sq ft
496 sales
This project's from price is in this band.
AED 1,807 to AED 1,890 per sq ft
318 sales
AED 1,890 to AED 1,974 per sq ft
72 sales
AED 1,974 to AED 2,057 per sq ft
32 sales
AED 2,057 to AED 2,140 per sq ft
8 sales
AED 1,473 per sq ftAED 2,140 per sq ft
This project AED 1,733 per sq ft
Half of the sales sold for AED 1,736 to AED 1,840 per sq ft
The median is the middle sale: half sold for less, half for more.
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Price per sq ft
Sales
AED 1,473 to AED 1,556 per sq ft
18
AED 1,556 to AED 1,640 per sq ft
40
AED 1,640 to AED 1,723 per sq ft
165
AED 1,723 to AED 1,807 per sq ft
496
AED 1,807 to AED 1,890 per sq ft
318
AED 1,890 to AED 1,974 per sq ft
72
AED 1,974 to AED 2,057 per sq ft
32
AED 2,057 to AED 2,140 per sq ft
8
The 3 closest sales
Picked from the 1,149 similar sales above, closest in size to this project's smallest home.
Sep 2026AED 729,034AED 1,817 per sq ftRAW DISTRICT 2 BY IMTIAZ - RESIDENTIAL, 401 sq ft
Jul 2026AED 682,304AED 1,698 per sq ftRAW DISTRICT BY IMTIAZ R - BUILDING A, 402 sq ft
Oct 2026AED 714,986AED 1,779 per sq ftRAW DISTRICT 2 BY IMTIAZ - RESIDENTIAL, 402 sq ft
Sale prices from Dubai Land Department, Oct 20, 2025 to Oct 19, 2026. Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Downtown Jebel Ali in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
Studio apartmentFrom AED 695,000 here
Off-plan medianAED 615,000AED 1,746 per sq ft
Sales1,596
3% below 1,149 similar sales
1-bed apartment
Off-plan medianAED 1,076,000AED 1,526 per sq ft
Sales768
2-bed apartment
Off-plan medianAED 1,609,000AED 1,430 per sq ft
Sales228
3-bed apartment
Off-plan medianAED 2,169,000AED 1,351 per sq ft
Sales53
Sale prices from Dubai Land Department, Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from price
6.5%
Typical for similar ready homes
8.7%
Median rent of studio apartments in Downtown Jebel Ali
AED 45,000 a year
Rent contracts counted
365
Rented between
Apr 1, 2025 and Mar 31, 2026
Studio apartment
AED 45,000 a year
1-bed apartment
AED 61,000 a year
2-bed apartment
AED 80,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 45,000 ÷ AED 695,000 = 6.5%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
On your doorstep
Life Pharmacy Metro Station (formerly UAE Exchange)800 m, 13 min walkMetro station
Jebel Ali Primary School7 km, 14 min driveSchool
The Arbor School7.6 km, 14 min driveBritish school
Badrah Pavalion4.4 km, 9 min driveMall
Cedars Jebel Ali Free Hospital5 km, 10 min driveHospital
Peace Avenue is a Peace Homes Group apartment project in Downtown Jebel Ali with studios to three bedrooms from AED 695,000 and a listed handover of June 2028. Life Pharmacy Metro Station is about 790 m away, and the from price is about 2.9% below 1,149 similar studio sales in Downtown Jebel Ali (12 months to October 2026).
Life Pharmacy Metro Station (formerly UAE Exchange) is about 790 m away, around 2 minutes by car by our estimate. A clinic is about 920 m away. Jebel Ali Primary School and The Arbor School are about 14 minutes by car, and Jebel Ali Open Beach about 23 minutes.
The from price is about 2.9% below 1,149 similar studio sales in Downtown Jebel Ali (12 months to October 2026), as listed by the Dubai Land Department. Those are area sales, so ask which unit the from price buys.
The plan is 20% on booking, 40% during construction and 40% at handover. At the from price that is AED 139,000, AED 278,000 and AED 278,000. The listed handover is June 2028, about a year and a half away. Separately, the 4% DLD fee comes to AED 27,800; ask when it is due.
Sizes run from 401 to 2,409 sq ft. The developer lists about 401 sq ft for a studio, 737 sq ft for one bedroom and 1,078 sq ft for two; the listing gives no three-bedroom size, so ask for that floor plan. The developer says homes come furnished, with fitted kitchens, stone worktops and built-in appliances; ask what is included. The building has a gym, a shared pool, a children's pool, covered parking and shops at podium and ground level.
The developer's plans. Sizes and layouts can change; ask us for the plan of the exact unit you're looking at.
Studio
1 BR
2 BR
How prices moved
Median price of studio apartments in Downtown Jebel Ali, over the 12 months to each dateUp 11% from Dec 2024 to Sep 2026.
Dec 2024AED 1,570 per sq ft
Sep 2026AED 1,746 per sq ft
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12 months to
Median price
Sales
Sep 2026
AED 1,746 per sq ft
1,596 sales
Jun 2026
AED 1,719 per sq ft
307 sales
Mar 2026
AED 1,694 per sq ft
111 sales
Dec 2025
AED 1,661 per sq ft
132 sales
Sep 2025
AED 1,623 per sq ft
145 sales
Jun 2025
AED 1,554 per sq ft
159 sales
Mar 2025
AED 1,531 per sq ft
142 sales
Dec 2024
AED 1,570 per sq ft
113 sales
Off-plan sales registered with the Dubai Land Department.
Questions about this project
How far is the metro?
Life Pharmacy Metro Station (formerly UAE Exchange) is about 790 m away, around 2 minutes by car by our estimate.
Is the from price above or below other studio sales?
About 2.9% below 1,149 similar studio sales in Downtown Jebel Ali (12 months to October 2026).
What do I pay at each stage?
At the from price: AED 139,000 on booking, AED 278,000 during construction and AED 278,000 at handover. Separately, the 4% DLD fee comes to AED 27,800; ask when it is due.
Are the apartments sold furnished?
The developer says they are delivered furnished. Ask for a written list of the furniture and appliances in your unit.
When is handover?
The listed handover is June 2028. Ask Peace Homes Group how construction is going before you book.
Can foreigners buy here?
Yes. The listing gives the project as freehold, so foreign buyers can own outright.
