Palm Jumeirah AED 3,558/sqftDubai Maritime City AED 3,148/sqftDowntown Dubai AED 2,920/sqftDubai Islands AED 2,769/sqftDubai Creek Harbour AED 2,564/sqftBusiness Bay AED 2,511/sqftDubai Marina AED 2,484/sqftDubai Hills Estate AED 2,446/sqftJumeirah Lakes Towers AED 2,304/sqftMohammed Bin Rashid City AED 2,098/sqftAl Jaddaf AED 2,048/sqftJumeirah Village Triangle AED 1,664/sqftDubai South AED 1,651/sqftArjan AED 1,588/sqftJumeirah Village Circle AED 1,492/sqftDubai Sports City AED 1,328/sqftALL DLD SALES · OFF-PLAN + EXISTINGPalm Jumeirah AED 3,558/sqftDubai Maritime City AED 3,148/sqftDowntown Dubai AED 2,920/sqftDubai Islands AED 2,769/sqftDubai Creek Harbour AED 2,564/sqftBusiness Bay AED 2,511/sqftDubai Marina AED 2,484/sqftDubai Hills Estate AED 2,446/sqftJumeirah Lakes Towers AED 2,304/sqftMohammed Bin Rashid City AED 2,098/sqftAl Jaddaf AED 2,048/sqftJumeirah Village Triangle AED 1,664/sqftDubai South AED 1,651/sqftArjan AED 1,588/sqftJumeirah Village Circle AED 1,492/sqftDubai Sports City AED 1,328/sqftALL DLD SALES · OFF-PLAN + EXISTING
DLD · MEDIAN 12M TO OCT 2026
Sky Harmony Retail — commercial retail unit in JVC from Mitchell's Commercial Real Estate

Peace Homes · JVC

Sky Harmony Retail

PriceFrom AED 4,000 PSF
Payment plan50/50

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Sizes
400 – 450 sq ft
Handover
Q4 2027
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Property

Sky Harmony by Peace Homes

Location: District 19, Jumeirah Village Circle (JVC)

Sky Harmony is located in Jumeirah Village Circle (JVC), one of Dubai’s most active and well-established residential districts. Known for its central accessibility and strong long-term occupancy, JVC offers a balanced community environment that supports consistent daily movement and neighbourhood-driven retail demand.

The development enjoys direct connectivity to Dubai’s major destinations, positioned approximately 10 minutes from Global Village and IMG Worlds, 12 minutes from Dubai Marina, 15 minutes from Palm Jumeirah, and 20 minutes from Downtown Dubai and Business Bay. Both DXB and DWC Airports are within a 25-minute drive, reinforcing JVC’s appeal as a centrally linked community.

Surrounded by a growing residential population and steady inward migration, Sky Harmony benefits from JVC’s high-density catchment, continuous footfall, and established long-term occupancy. This makes the location well-suited for retailers seeking visibility, accessibility, and reliable customer flow in a proven community market.

Project Overview

A Rhythm for Living in the Heart of JVC

Sky Harmony is a mixed-use development by Peace Homes Development, designed to introduce a modern residential enclave supported by integrated amenities and curated ground-floor retail. With a planned handover in Q4 2027, the project combines four podium levels, a dedicated amenities floor, and twelve residential floors into a cohesive lifestyle-driven offering.

The development features over 20 amenities, including a swimming pool and rooftop lifestyle areas, enhancing daily footfall and community engagement around the building. Retail spaces located on the ground floor benefit from clear visibility, natural circulation routes, and direct accessibility for residents and the surrounding neighbourhood.

Building Configuration

  • Ground Floor: Retail shops

  • 4 Podium Floors

  • 1 Amenities Floor

  • Residential Levels

    • 12 Residential Floors

    • Unit Mix:

      • Studio + Jacuzzi: 90 units (400–450 sq.ft.)
      • 1 Bedroom + Jacuzzi: 90 units (720–862 sq.ft.)
      • 2 Bedroom + Jacuzzi: 10 units (1,312 sq.ft.)
      • 2 Bedroom Penthouse + Private Pool: 4 units (1,800–2,406 sq.ft.)
  • Rooftop areas featuring lifestyle amenities (as per developer material)

  • Over 20 confirmed amenities, including a swimming pool

The layout supports steady daily movement between residential, podium, and amenity zones—providing consistent exposure for ground-floor retail tenants.

Retail Overview

  • Total Retail Units: 3

  • Retail Unit Sizes:

    • Retail 1: 1,182.95 sq. ft.
    • Retail 2: 1,604.90 sq. ft.
    • Retail 3: 1,167.78 sq. ft.
  • Starting Price: From AED 4,000 PSF

  • Payment Plan: 50/50

  • Completion: Q4 2027

  • Frontage: Strong street-level visibility on primary building frontage

  • Access: Direct and convenient access for residents and community visitors

Payment Plan - Sky Harmony (50/50)

InstallmentMilestonePercentage
1 – Down Payment On Booking 20%
2 – Construction Stage Linked to construction steps 30%
3 – Final Payment Upon Handover (Q4 2027) 50%

Project Amenities

Sky Harmony offers a comprehensive range of lifestyle, wellness, and leisure amenities designed to enhance everyday living. The development integrates rooftop, podium, and indoor facilities that support relaxation, activity, family needs, and community engagement.

Amenities

  • Swimming pool
  • Jacuzzi
  • Kids’ pool
  • Sauna / Steam room
  • Outdoor lounge beds
  • Floating sunbeds
  • Open-air cinema
  • Mocktail bar
  • Multiple sports areas
  • Aerobic studio
  • Fully equipped gym
  • Business lounge
  • Library
  • Community room
  • Kids’ play area
  • Jogging track
  • Shaded pavilion
  • Dining outlets
  • Mini golf
  • 24-hour security

Design & Finishes

Sky Harmony’s design incorporates:

  • A mixed-use structure integrating retail, podium levels, amenities, and residential floors
  • A rooftop swimming pool element
  • Layouts designed to support efficient navigation between podium, retail, and residential levels

Retail areas are standard ground-floor community-facing spaces typical of mixed-use buildings in JVC, allowing for signage, storefront visibility, and practical fit-out potential depending on operator requirements.

Views

  • Ground-floor retail units offer street-facing exposure
  • Visibility is influenced by the surrounding JVC neighbourhood layout and building positioning
  • As community-integrated units, they benefit from residential movement and local traffic patterns

Location

At the Heart of Jumeirah Village Circle’s Connected Community

Sky Harmony is positioned in Jumeirah Village Circle (JVC), a fast-growing residential district defined by green parks, jogging tracks, sports areas, quality schools, and pet-friendly community zones. The neighbourhood offers a balanced lifestyle supported by hypermarkets, daily conveniences, and family-oriented amenities—creating a stable, diverse resident catchment that sustains local retail throughout the day.

The community benefits from seamless connectivity through multiple gateways to Sheikh Mohammed Bin Zayed Road (E311), Al Khail Road (E44), and Hessa Street, enabling efficient movement across Dubai. This strategic positioning places Sky Harmony within easy reach of key lifestyle, retail, and entertainment hubs, including Mall of the Emirates, Dubai Hills Mall, Dubai Marina, and a wide sector of the city’s urban coastline. Its proximity to major airports and key business districts further reinforces its appeal for both residents and commercial operators.

Surrounded by established residential clusters and supported by a continually expanding population, Sky Harmony offers a retail address that balances neighbourhood demand with city-wide accessibility. Its central placement places it within a strong ecosystem of leisure, education, and transport infrastructure—making JVC one of Dubai’s highest-performing community markets.

Strategic Connectivity to Dubai’s Key Districts:

  • 10 minutes – Global Village / IMG Worlds of Adventure
  • 12 minutes – Dubai Marina
  • 15 minutes – Palm Jumeirah / Jumeirah Beach
  • 20 minutes – Burj Khalifa / Dubai Mall
  • 20 minutes – Downtown Dubai / Business Bay
  • 25 minutes – Dubai International Airport (DXB)
  • 25 minutes – Al Maktoum International Airport (DWC)

Sky Harmony delivers a location that merges community-driven demand with excellent mobility, ensuring sustained visibility and long-term viability for retail operators.

Location

Sky Harmony — JVC, Dubai

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Illustrative model

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Set your own assumptions and see how Sky Harmony Retail behaves as a cash purchase, the same purchase mortgaged, or a capital-only resale.

Purchase

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Acquisition costs

4% is the Dubai standard.

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Exit

1 to 40 years.

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Method
Handover
The date the unit is handed over, set in quarters from purchase. Gross rent, the vacancy allowance, maintenance and management, and the service charge all start there and not before — an unbuilt unit cannot be let and is not billed. The year handover falls in gets the exact fraction it is entitled to, not a rounded whole year. Capital growth is not treated this way: it compounds from today across the whole hold, because an off-plan unit can be sold before it completes. Where the holding period ends before handover, there is no operating income anywhere in the schedule and the whole return is capital movement less costs.
Gross yield
Gross annual rent ÷ purchase price. Before every cost. Where handover is in the future this is a stabilised full year from handover — a rate on the price, not a figure reduced by the construction period. The schedule shows what each year actually books.
Net yield
(Rent collected after the vacancy allowance − maintenance and management − service charge) ÷ purchase price. Stabilised on the same basis as the gross yield.
Rent growth
Compound annual movement in gross rent, applied from handover and stepping at each anniversary of it, which is when a tenancy renews. It may be negative. It does not touch the service charge, which is held flat in nominal terms.
ROI
Total profit over the whole hold ÷ total cash invested (price + all acquisition costs). Unlevered. Not an annual rate.
ROE
Total profit over the whole hold ÷ equity contributed (deposit + all acquisition and finance costs), after debt service. Levered. Not an annual rate.
Cash-on-cash return
Year-one operating cash flow, after debt service where there is a mortgage, ÷ cash invested. Reported separately from ROI/ROE and never merged with it. Year one means the first year of the schedule as it stands: where that year falls before handover it carries no rent, so on a mortgaged off-plan purchase the figure is negative — that is the year you fund out of pocket, and it is shown rather than smoothed away.
IRR
The annualised rate that discounts the dated cash-flow schedule above to a net present value of zero, solved numerically. Where the schedule has no sign change, or the solver does not converge on a single meaningful rate, we print “—” rather than substitute a simpler annualised-return figure.

An illustrative model, not a forecast, a valuation, an offer or investment advice. Every figure is generated from the assumptions on this page — some yours, the rest stated defaults, not promises. Rents, service charges, fees, vacancy, handover dates, financing terms and sale prices vary by unit and over time; past prices are not a guide to future prices. Returns are not guaranteed and capital is at risk.

Mortgage availability, loan-to-value, rate and term are subject to lender criteria and underwriting; nothing here indicates that finance will be offered. Figures exclude any tax payable in your country of residence — take independent financial, tax and legal advice before committing. Mitchell's Commercial Real Estate is a trading brand; the RERA-licensed broker is Stephen James Mitchell, BRN 68593.

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