REQUEST FULL DETAILS
CLICK TO VIEW FLOORPLAN
PAYMENT PLAN
UNIT PRICE | AED 850,000 |
PAYMENTS ON TRANSFER
1. Payment to seller | AED 255,000 |
2. DLD Transfer fee 4% + 40 AED | AED 34,040 |
3. DLD Registration Trustee fee + 5% VAT | AED 5,250 |
4. Buyer's agent commission 2% + 5% VAT | AED 17,850 |
PAYMENT PLAN SCHEDULE
30% after 6 months | AED 255,000 |
40% after 12 months | AED 340,000 |
SUMMARY
Total on Transfer | AED 312,140 |
Total remaining Payment Plan | AED 595,000 |
TOTAL COST FOR BUYER | AED 907,140 |
PROJECT DESCRIPTION
OVERVIEW
This 1-bedroom apartment in Peace Lagoons, Dubai Land Residence Complex, is offered as a distress deal at AED 850,000. The original price, including DLD fees, was AED 1,040,000, so the current entry point reflects an 18.3% discount, or AED 190,000 below the reference price. With a size of 814 sq.ft, the price per square foot stands at AED 1,044. The unit is positioned on a high floor, with lagoon views and a balcony, and is semi-furnished with built-in appliances, a designer kitchen table, and illuminated wardrobes in the bedroom. Handover is scheduled for Q1 2028, so this is an off-plan position with a payment plan structure. The immediate investment thesis is a below-market entry into a new-build, amenity-led project, with a payment schedule that reduces upfront capital outlay and provides exposure to a maturing residential corridor in Dubai Land.
LOCATION & TRANSPORT
Peace Lagoons is located in the Dubai Land Residence Complex, specifically in Wadi Al Safa 5. This area is part of the wider Dubai Land master development, which has seen steady infrastructure growth and increasing residential density over recent years. The location offers practical access to key Dubai arterial roads, including Sheikh Mohammed Bin Zayed Road and Al Ain Road, supporting connectivity to Business Bay, Downtown Dubai, and the wider city. Public transport options are still developing, so private car use and ride-hailing services remain the main modes of transport for residents. The area is positioned to benefit from ongoing infrastructure improvements, with new retail, education, and healthcare facilities gradually coming online. For investors, the location’s value is in its balance between affordability and access, appealing to tenants and buyers seeking newer stock without the pricing of prime central districts.
AMENITIES & SURROUNDING
Peace Lagoons is an 18-storey residential building under development by Peace Homes Development. The project is designed to offer a strong amenity profile, including a gymnasium, children’s play area, outdoor cinema, private pools for each apartment, sun loungers, a volleyball court, and yoga and meditation areas. The lagoon pool is a central feature, partially covered by first-floor balconies and enhanced with artificial rain showers. Apartments are finished with Italian ceramics, and the development includes four basement levels for parking. The immediate surroundings are evolving, with new retail and service outlets opening as the area matures. The building’s amenity deck and lagoon concept are positioned to attract residents seeking a lifestyle-oriented environment, while the broader Dubai Land Residence Complex is supported by a growing mix of residential, retail, and leisure infrastructure.
MARKET
At AED 1,044 per sq.ft, this unit is priced below the most recent Peace Lagoons transactions for studios and two-bedroom units, which have ranged from AED 1,316 to AED 1,952 per sq.ft according to Dubai Land Department records. The discount to original price and the staged payment plan create a lower entry basis compared to current developer and secondary market listings. As an off-plan asset, the main risk is construction and handover timing, with completion scheduled for Q1 2028. The Dubai Land Residence Complex attracts a mix of end-users and investors, with rental demand driven by affordability and new-build appeal. Liquidity is supported by the area’s improving infrastructure and the project’s amenity offering, but investors should be aware that off-plan resale markets can be more volatile, and yields may be sensitive to handover timing and market absorption. The buyer profile is likely to include both rental investors and end-users seeking a new, amenity-rich environment at a lower price point than central Dubai.
CONCLUSION
This distress deal in Peace Lagoons offers an 18.3% discount to the original price, a payment plan that reduces upfront capital requirements, and exposure to a new-build project in a developing residential corridor. The unit’s high-floor position, lagoon view, and semi-furnished status add to its rental and resale appeal. The main risks are linked to off-plan handover and the pace of area infrastructure development, but the entry price per square foot is competitive against recent transactions in the building. For investors seeking a balance between price, payment flexibility, and amenity-led positioning, this deal provides a practical route into Dubai’s evolving residential market. The case is strongest for buyers comfortable with off-plan risk and looking for a mid-term hold in a project with tangible lifestyle infrastructure and improving connectivity. As always, due diligence on developer track record and service charge expectations is advised before commitment.