About Peace Lagoons by Peace Homes
Peace Lagoons by Peace Homes is a residential and retail building by Peace Homes, in Wadi Al Safa 5, Dubai. It rises 18 storeys (4 basement levels, a ground floor and 17 floors), built as a concrete structure with internal and external finishes. The project comprises 1,000 homes.
Key information
Developer
Peace Homes
- Expected handover
- Q3 2028
- Status
- Not started
- Location
- Wadi Al Safa 5, Dubai
- Master project
- Dubai Land Residence Complex
- Construction started
- 2024
- Number of buildings
- 1
- Number of units
- 1,000
- Registered with DLD
- 27 Jun 2024
- Escrow bank
- Bank of Sharjah
- Escrow account no.
- 01434279157
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2024
- Under construction3% complete
- Expected handoverQ3 2028
Construction progress
13 inspection photos from the Dubai Land Department. Latest 23 Apr 2026 at 3% complete.
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Amenities
Physical features recorded on the Dubai Land Department buildings register.
Swimming Pool
Covered Parking
6 Elevators
22 Floors
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
795
Median price
AED 762K
Median price / sqft
AED 2K+6%
Off-plan share
100%
Priced 39% above than the Wadi Al Safa 5 median of AED 1K/sqft.
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| Studio | 419 | 403 sqft | AED 673K | AED 2K |
| 1 Bed | 298 | 808 sqft | AED 1.1M | AED 1K |
| 2 Bed | 77 | 1,242 sqft | AED 1.6M | AED 1K |
Price per sqft by year
+6% since 2024AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 07 Sept 2026 | Off-plan | 801 sqft | AED 1.2M | AED 1K |
| 02 Sept 2026 | Off-plan | 803 sqft | AED 1.1M | AED 1K |
| 05 Aug 2026 | Off-plan | 825 sqft | AED 1.2M | AED 1K |
| 05 Aug 2026 | Off-plan | 803 sqft | AED 1.2M | AED 2K |
| 05 Aug 2026 | Off-plan | 835 sqft | AED 1.2M | AED 1K |
| 04 Aug 2026 | Off-plan | 801 sqft | AED 1.3M | AED 2K |
| 24 Jul 2026 | Off-plan | 406 sqft | AED 640K | AED 2K |
| 20 Jul 2026 | Off-plan | 1,314 sqft | AED 1.3M | AED 990 |
Unit mix
1,000 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| Studio | 466 | 397 - 430 sqft |
| 1 B/R | 400 | 771 - 876 sqft |
| 2 B/R | 134 | 1,030 - 1,379 sqft |
Payment plan
Payment plans are set by Peace Homes and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.
Request the payment planLocation
Approximate location in Wadi Al Safa 5, Dubai.
Wadi Al Safa 5
Dubai, United Arab Emirates
Frequently asked questions
Peace Lagoons by Peace Homes has a planned handover of Q3 2028, and the latest DLD inspection puts construction at 3% complete.
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