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About Peace Avenue
Peace Avenue is an 18-storey mixed-use residential tower by Peace Homes in Downtown Jebel Ali.
Starting prices are about AED 695,000 on a 20/40/40 plan.
Handover is listed as Q4 2027 on one aggregator but January 2029 on a DLD-sourced listing.
Payment
Payment plan
20/40/40 — 20% on booking, 40% during construction, 40% on handover
At a glance
Peace Avenue key facts
- Developer
- Peace Homes Development
- Community
- Downtown Jebel Ali
- Status
- Launched
- Handover
- Q1 2029
- Starting price
- AED 695K
- Unit types
- Apartment
- Payment plan
- 20/40/40
- Ownership
- Freehold — open to all nationalities
Cost breakdown
What you pay, and when
Worked example on the starting price of AED 695K. Amounts scale with the unit you choose.
Units priced at AED 2M or more qualify for the 10-year UAE Golden Visa (subject to current ICP rules).
Process
How to buy at Peace Avenue
- 01
Shortlist and reserve
Choose a unit type and view at Peace Avenue and secure it with the booking deposit set out in the payment plan.
- 02
Sign the SPA
Peace Homes Development issues the Sales and Purchase Agreement. Review the payment schedule, handover clause and specification before signing.
- 03
Oqood registration
The off-plan sale is registered with the Dubai Land Department (Oqood). The 4% DLD fee is payable at this stage.
- 04
Construction instalments
Instalments are paid into the project escrow account as construction milestones are reached.
- 05
Handover and title deed
On completion (scheduled Q1 2029), the final payment is made, a snagging inspection takes place and the title deed is issued.
Our read
The honest view
Every project has trade-offs. Here are both sides, so you can judge whether this one fits what you actually want.
What stands out
- Near Expo City and Jebel Ali
- Mixed-use tower
- Even 20/40/40 plan
What to weigh
- Handover dates conflict widely
- Emerging district
FAQ
Peace Avenue — frequently asked questions
What is the starting price of Peace Avenue?
Published pricing at Peace Avenue starts from AED 695K. Developer pricing changes with each release, so contact MRK Real Estate to confirm current availability.
When is the handover of Peace Avenue?
Peace Avenue is scheduled for handover in Q1 2029. Off-plan timelines can move, so confirm the current schedule before committing.
What is the payment plan for Peace Avenue?
20/40/40 — 20% on booking, 40% during construction, 40% on handover
Who is the developer of Peace Avenue?
Peace Avenue is developed by Peace Homes Development in Downtown Jebel Ali, Dubai.
What unit types are available at Peace Avenue?
Peace Avenue offers Apartment.
Where is Peace Avenue located?
Peace Avenue is in Downtown Jebel Ali, Dubai.
Can foreigners buy at Peace Avenue?
Yes. Downtown Jebel Ali is a freehold area, so buyers of any nationality can own property at Peace Avenue outright.
Does buying at Peace Avenue qualify for the UAE Golden Visa?
The entry price of AED 695K is below the AED 2 million threshold for the property Golden Visa; larger units priced at AED 2 million or more can qualify, subject to current ICP rules.
What are the purchase costs at Peace Avenue?
Beyond the purchase price, the Dubai Land Department charges a 4% registration fee — about AED 28K on the starting price — plus a small admin and trustee fee.
How do I buy or sell at Peace Avenue?
MRK Real Estate advises on primary purchases and resales at Peace Avenue. Message us on WhatsApp for availability, floor plans and a valuation.
Figures shown are as published by the developer and were last checked on 2026-10-31. Developer pricing, availability and handover dates change between releases — we confirm current terms directly with Peace Homes Development before any transaction.
