Price from
AED 927.7K
Starting price for Peace Lagoons 2.

Under Construction
Peace Lagoons 2 offers one of the lower absolute entry points in [Wadi Al Safa 5](/areas/wadi-al-safa-5) at AED 927.7K, but a 16.
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Price from
AED 927.7K
Starting price for Peace Lagoons 2.
Completion
Q1 2029
Tracked completion target for Peace Lagoons 2.
Related projects
7
Nearby launches and other Peace Homes Development projects.
Peace Lagoons 2 is a mid-market apartment project by Peace Homes Development in Wadi Al Safa 5, priced from AED 927.7K for a studio with a Q1 2029 handover target. With 439 recorded transactions, the project offers enough price discovery to support a grounded evaluation. The single fact that demands attention before deciding is construction: the schedule is currently 16.12% behind plan, a lag that stretches an already distant delivery date and delays the start of any rental yield. Buyers treating Peace Lagoons 2 as a near-term income play must price that delay into their model before proceeding.
The project delivers two configurations — studios from 34.27 to 40.46 sqm priced AED 927.7K to AED 992.7K, and one-bedrooms from 75.68 to 77.9 sqm priced AED 1.71M to AED 1.76M. Observed per-sqm pricing spans AED 16,585 to AED 27,071 across floors and orientations. A 7% buyer-facing selling cost — covering Dubai Land Department transfer fees, buyer-side fee, and administrative charges — must be added to the acquisition price before any return model is credible. Buyers considering off-plan versus ready options should run a full cost-in comparison before committing to the off-plan timeline.
Peace Lagoons 2 offers two clearly defined configurations. Studios run from 34.27 to 40.46 sqm and are priced AED 927.7K to AED 992.7K. One-bedrooms run from 75.68 to 77.9 sqm and are priced AED 1.71M to AED 1.76M. Observed per-sqm pricing across the project spans AED 16,585 to AED 27,071 — a wide band driven by floor level, unit orientation, and the distinct per-sqm economics of compact versus standard-sized apartments.
The studio pricing at the upper end — approaching AED 27,071 per sqm on the smallest 34 sqm units — sits at the aggressive end for an emerging outer Dubai community. The 1-bedroom tier lands at approximately AED 21,900 to AED 23,300 per sqm, which is more aligned with Wadi Al Safa 5's current market position. Buyers focused on capital efficiency should examine the larger studio configurations at circa 40 sqm rather than the smallest units, where per-sqm pricing peaks without a proportional improvement in tenant demand or resale depth.
All acquisition figures must include the 7% buyer-facing selling cost. On a AED 1.71M one-bedroom, that overhead adds approximately AED 119,700 to total acquisition cost. On a AED 927.7K studio, it adds approximately AED 64,939. These costs are not recoverable at short-term resale and must factor into any break-even calculation. With 439 tracked transactions on record, buyers have sufficient market data to verify current pricing against actual executed deals rather than relying on developer list prices alone.
Peace Lagoons 2 is currently 16.12% behind its construction schedule. For a project targeting Q1 2029 delivery, that gap represents a structural risk to handover timing that directly affects investor cash flow planning. If the current delay rate persists, a Q2 or Q3 2029 handover is the more realistic scenario. A further deterioration would push delivery into 2030, compounding the cost-of-carry for buyers making ongoing payment plan instalments during construction.
For buy-to-let investors, every delayed quarter is foregone rental income against a locked deposit. Buyers who entered on early construction milestones should verify the project's RERA registration number and confirm escrow account compliance independently through Dubai Land Department records. Under Regulation No. 8 of 2007, developers are required to maintain project-linked escrow accounts that protect buyer funds — but regulatory compliance does not guarantee delivery speed.
The 16.12% delay figure carries additional weight when read against Peace Homes Development's concurrent project load. A developer running Peace Lagoons, Peace Avenue, and Sky Line simultaneously faces compounding delivery pressure when any project absorbs more contractor time or capital than planned. Buyers should assess whether the Peace Lagoons 2 delay is isolated or consistent with a broader pattern across the developer's active pipeline before committing. The original Peace Lagoons delivery timeline is the most direct precedent available.
Wadi Al Safa 5 sits within the Dubailand corridor, accessed via Al Qudra Road (D63) with connectivity to Emirates Road (E611). The community is predominantly mid-income residential, positioned between the established villa communities of Arabian Ranches to the south and the denser off-plan activity of Al Barsha South and Dubai Science Park to the north. By Q1 2029 — Peace Lagoons 2's current target date — this corridor will carry significantly more completed apartment inventory than it does today, which will shape both rental absorption rates and achievable resale pricing.
The community currently has limited independent retail, dining, and lifestyle infrastructure within walkable distance. Tenants depend on car-based access to malls, supermarkets, and F&B clusters in adjacent areas. This restricts the addressable tenant pool to car-owning professionals and families, which is directly relevant to studio rental achievability. One-bedroom demand in the area typically comes from couples and small families — a more stable cohort than the single-professional studio market and one with stronger retention rates.
The area's investment case is a long-duration thesis. Land costs and construction inputs are lower than central Dubai, and Dubai's eastward residential expansion has historically rewarded patient capital in comparable sub-communities over 5 to 10-year horizons. Buyers with shorter exit windows face real liquidity risk: comparable sales depth in Wadi Al Safa 5 is shallower than in established districts, which slows resale execution and can compress achieved prices during high-supply periods. Wadi Al Safa 5 transaction trends and competing supply volumes are the most important data points to review before finalising a position in this community.
Peace Homes Development has been active across multiple simultaneous projects, which creates a comparative framework that buyers should use before committing to Peace Lagoons 2. Peace Lagoons — the original phase — is the most direct precedent. Its delivery timeline and construction progress relative to its own schedule offer the clearest proxy for what Peace Lagoons 2 buyers should realistically expect from the same developer operating in the same area.
Peace Avenue expands the comparison set by revealing whether the developer applies consistent construction discipline across product tiers and geographies, or concentrates delivery resources on specific phases at the expense of others. Sky Line adds a further data point. If two or more Peace Homes projects are running behind schedule simultaneously, the risk profile of Peace Lagoons 2 escalates significantly beyond what the single-project delay figure suggests.
The developer's positioning is consistent across its portfolio: compact unit formats at affordable entry points in emerging outer Dubai communities. The structural trade-off is predictable — lower absolute purchase prices come with higher per-sqm costs on the smallest units, a narrower resale buyer pool, and long-horizon appreciation timelines. Buyers prioritising developer track record above price-point accessibility should work through due diligence fundamentals before adding any Peace Homes project to a final selection. All three related Peace Homes projects are available for direct timeline and pricing comparison.
Wadi Al Safa 5 and the immediately adjacent Dubailand corridor host several active off-plan launches that compete directly with Peace Lagoons 2 for the same buyer pool. Reef 995 is a relevant benchmark — buyers should compare its per-sqm pricing, developer construction progress, payment plan structure, and total acquisition cost against Peace Lagoons 2's current figures. A project with a cleaner delivery track record and equivalent pricing may present a stronger risk-adjusted entry even if its headline number is marginally higher.
Celesto 4 offers a second comparison point in the corridor. Buyers should focus on unit sizing, handover timing, and whether the developer's construction progress is tracking to schedule — any project currently running on time to a 2028 or early 2029 delivery gains a meaningful advantage over Peace Lagoons 2's delayed Q1 2029 target, particularly for investors who need to activate rental income promptly.
Verdan1a 5 rounds out the immediate competitive set. The critical supply-side question for all three comparisons is delivery sequencing: if Reef 995, Celesto 4, and Verdan1a 5 all hand over within 12 months of Peace Lagoons 2, the resulting simultaneous rental supply creates absorption pressure that will suppress achievable rents across the entire cluster. Buyers should map completion dates and unit volumes across all competing projects and stress-test yield assumptions under a concurrent-delivery scenario. The Wadi Al Safa 5 area analysis covers competing supply volumes and transaction benchmarks in greater depth.

A 16.12% construction delay on a project targeting Q1 2029 is a material risk signal, not an administrative footnote. At that lag rate, Q3 or Q4 2029 is the more realistic planning assumption, and a further deterioration in pace could push delivery into 2030. Investors relying on rental income from mid-2029 to service financing should build in at least a two-quarter buffer. Dubai Land Department escrow regulations under Regulation No. 8 of 2007 require project-linked escrow accounts that protect buyer deposits, but they do not guarantee on-time delivery. Verifying the project's RERA registration and escrow account status independently through Dubai Land Department tools is the strongest due diligence step available before committing funds.
The 1-bedroom units at AED 1.71M to AED 1.76M for 75 to 77 sqm represent a more defensible position than the studio tier. Studios at the smallest configurations — 34 sqm at the top of the pricing band — can reach AED 27,071 per sqm, a premium that is difficult to recover on resale in a mid-market Wadi Al Safa 5 setting. One-bedroom units attract a wider tenant and resale buyer pool, which directly improves liquidity at exit. If budget constraints require entering the studio tier, the larger studio units near 40 sqm offer a lower per-sqm entry point relative to the smallest configurations and better optionality at resale.
Comparable outer Dubailand communities with limited completed infrastructure have historically supported gross yields of 6% to 8% on compact apartment formats. However, yield achievability at Peace Lagoons 2 depends heavily on how much competing supply completes in Wadi Al Safa 5 during 2028 and 2029. Given the level of concurrent Peace Homes Development and broader corridor activity, buyers should stress-test return assumptions at 6% gross rather than anchoring to the upper range of Dubailand comparables. Net yield after the 7% acquisition cost, annual service charges, and property management fees will be materially lower than gross figures suggest, and should be calculated on a cost-in basis from day one.

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