About Peace Lagoons II by Peace Homes
Peace Lagoons II by Peace Homes is a residential 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 831 homes.
Key information
Developer
Peace Homes
- Expected handover
- TBC
- Status
- Not started
- Location
- Wadi Al Safa 5, Dubai
- Master project
- Dubai Land Residence Complex
- Construction started
- 2025
- Number of buildings
- 1
- Number of units
- 831
- Registered with DLD
- 27 Mar 2025
- Escrow bank
- Bank of Sharjah
- Escrow account no.
- 01434279203
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2025
- Under construction4% complete
- Expected handoverTBC
Construction progress
7 inspection photos from the Dubai Land Department. Latest 23 Apr 2026 at 4% complete.
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Amenities
Physical features recorded on the Dubai Land Department buildings register.
Swimming Pool
Covered Parking
12 Elevators
23 Floors
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
541
Median price
AED 800K
Median price / sqft
AED 2K+99%
Off-plan share
100%
Priced 52% above than the Wadi Al Safa 5 median of AED 1K/sqft.
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| Studio | 332 | 423 sqft | AED 740K | AED 2K |
| 1 Bed | 165 | 818 sqft | AED 1.1M | AED 1K |
| 2 Bed | 43 | 1,374 sqft | AED 1.6M | AED 1K |
Price per sqft by year
+99% since 2024AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 01 Sept 2026 | Off-plan | 1,390 sqft | AED 1.4M | AED 1K |
| 01 Sept 2026 | Off-plan | 1,397 sqft | AED 1.4M | AED 1K |
| 01 Sept 2026 | Off-plan | 1,390 sqft | AED 1.4M | AED 1K |
| 01 Sept 2026 | Off-plan | 436 sqft | AED 800K | AED 2K |
| 27 Aug 2026 | Off-plan | 415 sqft | AED 780K | AED 2K |
| 26 Aug 2026 | Off-plan | 836 sqft | AED 1.0M | AED 1K |
| 26 Aug 2026 | Off-plan | 383 sqft | AED 780K | AED 2K |
| 24 Aug 2026 | Off-plan | 410 sqft | AED 699K | AED 2K |
Unit mix
831 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| Studio | 423 | 369 - 496 sqft |
| 1 B/R | 272 | 758 - 843 sqft |
| 2 B/R | 136 | 1,159 - 1,479 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 II by Peace Homes has a planned handover of a date not yet on the register, and the latest DLD inspection puts construction at 4% complete.
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