Market bulletin · Thu, 22 Oct 2026
Peace Avenue: median AED 1,226/sqft, up 15.2% over three months on 31 sales
Peace Avenue recorded 9 sales worth AED 6.12M in the 30 days to Thu, 22 Oct 2026, up 28.6% on the previous 30 days. Over the last week 0 sales were registered (AED 0), against 4 the week before.
The median sale over the last three months was AED 645K, or AED 1,226/sqft — like-for-like prices per sqft up 15.2% on the previous three months. Monthly medians over the past year ranged from AED 1,117/sqft to AED 1,175/sqft.
By market over 12 months: developer off-plan sales 56.5%, off-plan resales 43.5%. Off-plan resales traded at a median 0.1% premium to developer prices per sqft.
In Jebel Ali Downtown, Peace Avenue ranked #11 of 11 leading projects by 12-month sales value; it is developed by Peace Homes Development. Its first registered sale was on 18 May 2026.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | AED 1,211 |
| Sept 26 | — |
| Aug 26 | AED 1,175 |
| Jul 26 | AED 1,131 |
| Jun 26 | AED 1,117 |
| May 26 | AED 1,133 |
Off-plan vs resale vs secondary
Monthly median AED/sqft by market (months with 10+ sales)
View data table
| Date | Off-plan (developer) | Off-plan resale |
|---|---|---|
| Oct 26 | — | — |
| Sept 26 | — | — |
| Aug 26 | AED 1,180 | — |
| Jul 26 | — | AED 1,108 |
| Jun 26 | — | — |
| May 26 | — | — |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 5 | 0 | 0 |
| Sept 26 | 4 | 0 | 0 |
| Aug 26 | 16 | 1 | 0 |
| Jul 26 | 5 | 21 | 0 |
| Jun 26 | 4 | 1 | 0 |
| May 26 | 5 | 7 | 0 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 9 | up 28.6% | AED 6.12M | 1,124 | down 12.3% |
| Last 3 months | 31 | down 18.4% | AED 20.6M | 1,226 | up 9.2% |
| Last 6 months | 69 | — | AED 43.9M | 1,133 | — |
| Last 12 months | 69 | — | AED 43.9M | 1,133 | — |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Off-plan (developer) | 39 | 57% | AED 540K | 1,133 | — |
| Off-plan resale | 30 | 43% | AED 538K | 1,134 | — |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 55 | 80% | AED 500K | 1,133 | — |
| 1 bedroom | 10 | 14% | AED 838K | 1,193 | — |
| 2 bedrooms | 4 | 6% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 69 | 100% | AED 540K | 1,133 | — |
Competing projects in Jebel Ali Downtown
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Azizi ArianAzizi Developments | 260 | 1,596 | — |
| Raw District 2 by Imtiaz - ResidentialImtiaz Real Estate Investment And Development | 182 | 1,800 | — |
| Eleve by DeyaarDeyaar Development | 107 | 1,380 | — |
| RAW DISTRICT BY IMTIAZ CR - BUILDING C | 166 | 1,779 | down 3.5% |
| Azizi WaresAzizi Developments | 117 | 1,725 | up 2.6% |
| Azizi LinaAzizi Developments | 120 | 1,684 | up 0.8% |
| Azizi AbrahamAzizi Developments | 106 | 1,557 | — |
| CR - Raw District by Imtiaz Building CImtiaz Real Estate Investment And Development | 65 | 1,794 | — |
| R - Raw District by Imtiaz Building BImtiaz Real Estate Investment And Development | 70 | 1,753 | — |
| R - Raw District by Imtiaz Building AImtiaz Real Estate Investment And Development | 57 | 1,760 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 1.44M | 2 BR Apartment · 1,121 sqftPeace Avenue · Jebel Ali Downtown | 26 Aug |
| AED 1.01M | 1 BR Apartment · 702 sqftPeace Avenue · Jebel Ali Downtown | 23 Sept |
| AED 930K | 1 BR Apartment · 702 sqftPeace Avenue · Jebel Ali Downtown | 1 Oct |
| AED 900K | 1 BR Apartment · 702 sqftPeace Avenue · Jebel Ali Downtown | 28 Aug |
| AED 850K | 1 BR Apartment · 702 sqftPeace Avenue · Jebel Ali Downtown | 10 Oct |
| AED 825K | 1 BR Apartment · 702 sqftPeace Avenue · Jebel Ali Downtown | 14 Aug |
Questions about Peace Avenue
What is the average price per sqft in Peace Avenue?
The median sale price in Peace Avenue over the last three months was AED 1,226 per sqft (median sale AED 645K), based on 31 sales registered with Dubai Land Department.
How many properties were sold in Peace Avenue in the last year?
69 sales worth AED 43.9M were registered in the last 12 months: 57% developer off-plan, 44% off-plan resales and 0% secondary (ready) sales.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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