New homes in Peace Lagoons 2 start at AED 1,226,000; keys are due Jun 2028; you pay 20% while it is built and 80% at the keys.
Keys
Jun 2028
The developer's handover date
Payment plan
20 / 80
20% while it is built, 80% at the keys
Bedrooms
Studio to 2 beds
Sizes
369 to 1,479 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 3,322 per sq ft
At the smallest size listed
RERA project
3146
Check it in Dubai REST, the Dubai Land Department's official app.
Built
0%
Not started. DLD register, Jun 12, 2026
Completion on the register
Sep 2028
DLD shows only the current date, so we can't tell whether it has moved before.
Escrow account
بنك الشارقة
The bank that holds your payments
Registered homes
1,000
In 1 buildings
Paying for it
You pay 20% as the building goes up, and 80% when you get the keys.
AED
When
Stage
Share
Amount
Feb 2027
While it is built
3.3%
AED 40,867
Apr 2027
While it is built
3.3%
AED 40,867
Jul 2027
While it is built
3.3%
AED 40,867
Oct 2027
While it is built
3.3%
AED 40,867
Jan 2028
While it is built
3.3%
AED 40,867
Mar 2028
While it is built
3.3%
AED 40,867
Jun 2028
Keys
80%
AED 980,800
Dubai Land Department fee (Oqood), 4%
AED 49,040
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 49,040
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.
This project's escrow account is at the bank named on the register above, watched by RERA. Pay into that account, never to a person.
Budget for the service charge.
Buildings in this area paid a median of AED 13 per sq ft a year in 2023, from 8 buildings on the Dubai Land Department register. For the smallest home (369 sq ft) that is about AED 5,000 a year.
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 55 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in Peace Lagoons by Peace Homes, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Dubai Land Department recorded 55 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in Peace Lagoons by Peace Homes, 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 1,812 per sq ft
AED 1,489 to AED 1,547 per sq ft
4 sales
AED 1,547 to AED 1,605 per sq ft
12 sales
AED 1,605 to AED 1,662 per sq ft
2 sales
AED 1,662 to AED 1,720 per sq ft
1 sale
AED 1,720 to AED 1,778 per sq ft
4 sales
AED 1,778 to AED 1,836 per sq ft
10 sales
AED 1,836 to AED 1,894 per sq ft
11 sales
AED 1,894 to AED 1,952 per sq ft
11 sales
AED 1,489 per sq ftAED 1,952 per sq ft
This project AED 3,322 per sq ft, above every sale
Half of the sales sold for AED 1,587 to AED 1,870 per sq ft
The median is the middle sale: half sold for less, half for more.
Show as tableShow as chart
Price per sq ft
Sales
AED 1,489 to AED 1,547 per sq ft
4
AED 1,547 to AED 1,605 per sq ft
12
AED 1,605 to AED 1,662 per sq ft
2
AED 1,662 to AED 1,720 per sq ft
1
AED 1,720 to AED 1,778 per sq ft
4
AED 1,778 to AED 1,836 per sq ft
10
AED 1,836 to AED 1,894 per sq ft
11
AED 1,894 to AED 1,952 per sq ft
11
The 3 closest sales
Picked from the 55 similar sales above, closest in size to this project's smallest home.
Sep 2026AED 612,498AED 1,543 per sq ftPeace Lagoons by Peace Homes, 397 sq ft
Jul 2026AED 754,884AED 1,902 per sq ftPeace Lagoons by Peace Homes, 397 sq ft
Apr 2026AED 767,788AED 1,935 per sq ftPeace Lagoons by Peace Homes, 397 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 Dubai Land Residence Complex 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 1,226,000 here
Off-plan medianAED 700,000AED 1,629 per sq ft
Sales3,041
Check the from price
1-bed apartment
Off-plan medianAED 1,099,000AED 1,376 per sq ft
Sales2,718
2-bed apartment
Off-plan medianAED 1,578,000AED 1,269 per sq ft
Sales1,102
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
3.3%
Typical for similar ready homes
9.4%
Median rent of studio apartments in Dubai Land Residence Complex
AED 40,000 a year
Rent contracts counted
983
Rented between
Apr 1, 2025 and Mar 31, 2026
Studio apartment
AED 40,000 a year
1-bed apartment
AED 56,000 a year
2-bed apartment
AED 74,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 40,000 ÷ AED 1,226,000 = 3.3%. 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
Gems First Point School (The Villa)1.1 km, 18 min walkSchool
GEMS Wellington Academy2.3 km, 9 min driveBritish school
Indian International School2 km, 8 min driveIndian school
Peace Lagoons 2 is a Peace Homes Group apartment project in Dubai Land Residence Complex with studios to 2-bedroom homes from AED 1,226,000 and handover listed for June 2028. The plan puts 80% of the price at handover, and the listing says each home has a private pool.
The plan shows 20% during construction and 80% at handover in June 2028, about 19 months away: AED 245,200 and AED 980,800 at the from price. It lists no booking payment, so ask what is due when you sign. Separately, the 4% DLD fee comes to AED 49,040; ask when it is due.
Studios are about 369 sq ft, one-bedroom homes with a study about 808 sq ft and two-bedroom homes with a study about 1,342 sq ft. The overall range goes up to 1,479 sq ft, so check the floor plans. The listing says every home has its own private pool and comes semi-furnished, with built-in wardrobes and a washing machine. Shared facilities include a pool and a gym.
A medical centre is about 590 m away and Gems First Point School (The Villa) about 1.1 km. Indian International School is about 2.0 km away and GEMS Wellington Academy about 2.3 km. Creek Metro Station, the nearest metro, is about 14.1 km away, roughly 19 minutes by car, and Business Bay is about 20 minutes by car.
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 Dubai Land Residence Complex, over the 12 months to each dateUp 17% from Dec 2024 to Sep 2026.
Dec 2024AED 1,389 per sq ft
Sep 2026AED 1,629 per sq ft
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12 months to
Median price
Sales
Sep 2026
AED 1,629 per sq ft
3,041 sales
Jun 2026
AED 1,634 per sq ft
3,565 sales
Mar 2026
AED 1,617 per sq ft
3,650 sales
Dec 2025
AED 1,589 per sq ft
3,515 sales
Sep 2025
AED 1,546 per sq ft
3,109 sales
Jun 2025
AED 1,492 per sq ft
2,778 sales
Mar 2025
AED 1,435 per sq ft
2,326 sales
Dec 2024
AED 1,389 per sq ft
1,550 sales
Off-plan sales registered with the Dubai Land Department.
Questions about this project
Which company builds Peace Lagoons 2?
Peace Homes Group. The project is in Dubai Land Residence Complex.
What do I pay before handover?
20% during construction, AED 245,200 at the from price, then AED 980,800 at handover. The listing shows no booking payment, so ask what is due when you sign. Separately, the 4% DLD fee comes to AED 49,040; ask when it is due.
Does every home have a private pool?
The listing says so. Ask to see the pool on your unit's floor plan.
Can foreigners buy here?
Yes. The listing says it is freehold, so foreign buyers can own outright.
When is handover?
The listed handover is June 2028, about 19 months away.
