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Sky Line by Peace Homes

Location: Dubai Land Residence Complex (DLRC), Dubai (Strategically positioned at the entrance of DLRC, directly accessible via Al Ain Road with immediate connectivity to Academic City, Mohammed Bin Rashid City, and Silicon Oasis. The community is adjacent to Dubai Outlet Mall, near Zayed University, and within reach of the future Metro Station planned inside DLRC.)

Project Overview

Mixed-use vertical development with residences, offices, and retail
Located in DLRC, one of Dubai’s most promising emerging zones
DLRC mirrors JVC’s early growth phase, offering affordable entry and long-term capital upside
Rapidly expanding community with strong rental demand, infrastructure growth, and investor attention
Developed by Peace Homes, known for affordable luxury projects with standout rooftop lifestyle amenities
Landmarks views across Al Ain Road and the Downtown skyline

Building Configuration

5 Basement Levels + Ground + 2 Podium + 4 Office Floors + 24 Residential Floors
Total Height: 29 Floors
Retail: Located on Ground Floor
Office Floors: 4 (Levels 1–4)
Residences: 504 Total Units (Studios, 1BR, 2BR with Jacuzzi)
Elevators: 3 Commercial Elevators (dedicated to office/retail)

Retail Units

9 Retail Units on the Ground Floor
Sizes: From 853 sq. ft. to 4,558 sq. ft.
Layouts: Both simplex and duplex configurations available
Price: From AED 4,000 PSF *******CONTACT US FOR SPECIAL NEGOTIATED PRICE
Payment Plan: 50/50
Handover: Q4 2028
Delivery Condition: Shell & Core

5-Star Resort Amenities

Rooftop infinity pool and kids pool
Floating cabanas and open-air cinema
Sky lounge, yoga dome, and meditation deck
Fully equipped gym, jogging track, and tennis court
Dedicated children’s play area and sky garden
Secure access control and concierge-style lobby with separate entrance for commercial tenants

Design & Finishes

Contemporary glass-clad façade with sky-garden balconies
Retail frontage designed for maximum visibility and footfall
High ceilings and large-format display windows for branded F&B, convenience, or boutique retail
Common areas and reception finished with modern materials and clean lines
Commercial section enjoys a dedicated drop-off zone and business-style reception lobby

Views

Unobstructed sightlines over Al Ain Road, Dubai Outlet Mall, and the Downtown Skyline
Retail units enjoy strong street visibility at the entrance of DLRC
Surrounding residential density ensures high local footfall and community engagement

Illustrative model

Scenario modeller

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

Purchase

Purchase price

The price you are actually considering.

Unit size

Drives the service charge only.

Time to handover

Rent and service charge both start here.

Holding & income

Gross annual rent

Your figure — we have not assumed one.

Rent growth

0% holds rent flat. It may be negative.

Vacancy allowance

8% is roughly a month plus re-letting.

Maintenance & management

Letting fees and routine repairs.

Service charge

Replace with the building's own schedule.

Acquisition costs

DLD transfer fee

4% is the Dubai standard.

Agency fee

Buyer-side. 5% VAT added.

Conveyancing, trustee & admin

Trustee, title deed, NOC.

Exit

Holding period

1 to 40 years.

Exit price growth

0% by default: we publish no price forecasts.

Sale agency fee

5% VAT added automatically.

Nothing to calculate yet

Enter the asking price to run the model.

Every figure recalculates as you type. Use the price you are actually considering.

How each figure is calculated

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 Realty is a trading brand; the RERA-licensed entity is The Luxury Real Estate Brokers LLC.

Location

Sky Line — DLRC, Dubai

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