Private-pool 1BR, Peace Lagoons II — seller takes an AED 180k loss
Dubailand, Dubai · Peace Lagoons II
How we checked: AED 1,079,315 is the middle price of the last 7 sales of this layout (1-bed, 757 sq ft) in Peace Lagoons II by Peace Homes, registered with the Dubai Land Department from Sep 2025 to Aug 2026. The seller set the asking price, not this figure. How we check prices
Contact the seller- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 757 sqft
- Property type
- 1-bed apartment
- Developer
- Peace Homes
- Status
- Off-plan
- Handover
- Q2 2028
About this property
Off-plan assignment (resale) of 1 bedroom at Peace Lagoons II by Peace Homes, Wadi Al Safa 5, Dubai. Anticipated completion June 2028.
THE UNIT — as recorded on the Sale & Purchase Agreement - One bedroom, 757.46 sq ft, one allocated car park - One bathroom plus a separate guest powder room, and a store room - 7.0 m balcony with a PRIVATE POOL - Contract price to the current purchaser: AED 1,207,716 ( after Developer's discount)
URGENT FINAL PRICE AED 1,027,000 The current purchaser needs to exit and is releasing the unit AED 180,716 below the price he contracted at. That is a loss he is absorbing, driven entirely by his own circumstances — it is not a developer promotion and it says nothing about Peace Homes or about the project.
WHAT THE BUYER PAYS - At transfer, to Peace Homes: AED 241,543.20. A fixed sum that clears every instalment fallen due (AED 169,080.24 as at 13 August 2026) and brings the unit to the 40% paid mark the developer requires before an assignment. The developer's statement of account will be provided to the buyer. - At transfer, to the seller: AED 60,827.20 premium - Cash required at transfer: AED 302,370.40, plus Land Department / Oqood transfer fees and the developer's transfer charge - After transfer: AED 724,629.60 over 59 monthly instalments, 1 January 2027 to 1 November 2031 — AED 12,077.16 each, with AED 24,154.32 falling on 1 June 2027 - Total to own the unit outright: AED 1,027,000
Nothing is payable to the developer between transfer and 1 January 2027. AED 495,163.56 — 41% of the price — falls due after the June 2028 handover.
HOW THE PRICE COMPARES The Land Department has 50 registered sales in Peace Lagoons II. Six one-bedroom units of 797–835 sq ft changed hands in the last two weeks of July 2026 at AED 1,213–1,403 per sq ft. This one is priced at AED 1,356 per sq ft. The unit is priced at the market, not above it. The AED 180,716 is a discount against the seller's own contract price, not against today's market. Stated plainly rather than dressed up.
VERIFIED BEFORE PUBLISHING Every figure above comes from the Sale & Purchase Agreement and from Dubai Land Department transaction records for this project. The SPA and the full payment schedule are available to a serious buyer on request.
Listed by the registered purchaser, who needs this concluded quickly.
What the Land Department register says
1-bedroom apartments in this building have a median recorded sale price of AED 1,098,009 at a median 822 sqft, across 122 recorded transactions over the last 12 months. These are prices registered with the Dubai Land Department, not asking prices.
That is 1,354 AED per sq ft on the register, against 1,357 AED per sq ft for this unit at its asking price. Both are facts; which is the better buy depends on the floor, the view and the condition, none of which the register records.
The register files this building as Peace Lagoons II by Peace Homes in Wadi Al Safa 5, not as “Peace Lagoons II” — which is why a price search under the name on the building finds nothing.
Full sale register for this building →