Peace Lagoons 2

Peace Lagoons 2 is a 55-unit residential building by Peace Homes Development, situated in Dubailand Residence Complex and scheduled for completion in Q2 2028.

# The building and its position in Dubailand Residence Complex

Dubailand Residence Complex occupies a mid-city corridor that has drawn sustained developer interest over the past several years, largely because land values remain lower than on the coast while road access to central Dubai is direct. Peace Lagoons 2 is a single building, modest in scale at 55 units, which gives it a more contained character than the larger-block developments that dominate much of the surrounding area.

Construction is under way, with progress logged at just over one per cent at the time of listing. Buyers entering now are doing so at an early stage, with handover set for mid-2028. The project carries RERA escrow number 01434279203.

# Residences, layouts and specification

The building offers studios, one-bedroom apartments and two-bedroom apartments. Studios range from approximately 369 to 496 square feet; one-bedroom units run from around 798 to 839 square feet; and two-bedroom homes span 1,159 to 1,479 square feet, giving the larger configurations a footprint that is noticeably generous for a mid-market Dubailand address.

All residences are semi-furnished. That means fitted kitchens with appliances, washing machines and built-in wardrobes are included, but the decorative and furniture decisions remain with the buyer. It is a practical baseline that suits investors letting on arrival and owner-occupiers who want to impose their own palette.

Each residence includes a private pool. For a building at this price point, that is an uncommon specification. Studios are priced from AED 742,184; one-bedroom apartments from around AED 1.36 million; two-bedroom homes from approximately AED 1.54 million, reaching AED 2.01 million at the top of the range.

Service charges are quoted at 13 to 14 AED per square foot annually.

# Amenities within the development

# Indoor and outdoor facilities

Peace Lagoons 2 carries a full amenity list relative to its size. On the active side: an indoor gym, outdoor gym, yoga studio, indoor swimming pool and outdoor swimming pool. The spa and sauna extend that further for residents who prefer recovery over exertion.

Social and quieter spaces are also represented. There is a cinema room, a library and study room, and a games area alongside a kids' play area and a barbecue area. For a building of 55 units, the breadth of provision is notable, though how well shared facilities perform in practice depends on how owner-occupier-heavy the eventual mix becomes.

# Location: distances and what they mean in practice

Dubailand Residence Complex sits inland, and the distances from Peace Lagoons 2 reflect that honestly. Downtown Dubai is 21.8 kilometres away; Dubai International Airport is 23.8 kilometres; Jumeira Public Beach is 25.3 kilometres. None of these are walkable, and residents will rely on a car or ride-hailing for most journeys.

Closer in, Nad Al Sheba 4 Park is 9.6 kilometres away, a meaningful green-space option for families. First Avenue Mall in Motor City is 19.4 kilometres, covering everyday retail. The nearest listed school, Vernus International School Dubai, is 26 kilometres, which is a consideration worth factoring into any family relocation.

The area suits buyers who prioritise indoor space and on-site amenities over urban proximity, and who are comfortable with Dubai's car-centric rhythms.

# Who Peace Lagoons 2 suits, and where it sits in the market

The pricing positions this firmly as a value-led buy within Dubai's off-plan landscape. At AED 742,000 for entry-level studios and sub-AED 1.5 million for most two-bedroom configurations, it targets buyers for whom the coastal districts, Jumeirah or Business Bay, require a budget stretch that does not make financial sense.

For investors, the private-pool specification and semi-furnished delivery create a lettable product that goes slightly beyond the standard Dubailand offering. For owner-occupiers, particularly those relocating with children or working from home, the internal amenity range reduces the need to leave the building daily, which has genuine appeal in a district where public infrastructure is still maturing.

The 2028 handover means buyers are committing to a three-year wait. That is consistent with most off-plan Dubai launches at this stage, and the escrow arrangement provides the standard regulatory protection. The risk profile is what one would expect from an early-stage, single-building project by a developer without the track record of the larger listed operators: manageable for buyers who have done the due diligence, worth scrutinising carefully for those who have not.