Sky Suites by Peace Homes

1. Is it on schedule?5% built in July 2026, 7 months past its registered December 2025 handover · DLD project register, Jul 20265%Context
2. Is my money protected?Payments go to an escrow account at بنك المشرق (شركة مساهمة عامة), as registered with the Land DepartmentEscrowContext
3. Is the price fair?AED 1,621/sqft, 3.0% above the Jumeirah Village Circle off-plan median across 154 projects+3.0%Context
4. Is it selling?48 off-plan sales registered in the last 12 months, of 239 units; the latest on 12 Oct 202648Context
5. Who is building it?The register names the master developer, Jumeirah Village; the builder is not recordedNo record

Escrow agent

بنك المشرق (شركة مساهمة عامة)

Master developer

Jumeirah Village

Registered start

September 2023

Configuration

4B+G+10F+RF Hotel Apartment Building,The project designed to have a concrete structure and block with internal and external finishes.

Construction progress is the percentage DLD recorded in its project register as of July 2026, the latest DLD record for this project; the register lags DLD’s inspections by months, so it is dated separately. The developer is the company licensed to build it, by the register’s own licence number; the master developer owns the land under it and is often another company entirely. Off-plan price is the median of registered off-plan sales across this project’s published buildings, 12 months to 12 Oct 2026.

When will Sky Suites by Peace Homes be completed?

The developer registered handover for December 2025; that date has passed with no completion recorded, 7 months on, and the project was 5% built as of July 2026. A registered date is the developer’s own, not a delivery forecast. Dubai Land Department project register as of July 2026.

What does Sky Suites by Peace Homes cost per square foot?

AED 1,621 per sqft, the median of 48 registered off-plan sales in the 12 months to 12 Oct 2026; the median unit sold for AED 1.25M. That is 3.0% above the Jumeirah Village Circle off-plan median across 154 projects.

Is Sky Suites by Peace Homes in escrow?

Yes: the Land Department register names بنك المشرق (شركة مساهمة عامة) as the project’s escrow agent, the bank that holds buyers’ payments for the developer. Dubai Land Department project register as of July 2026.

Who is the developer of Sky Suites by Peace Homes?

The register names the master developer, Jumeirah Village, which owns the land; the company building the project is not recorded. Dubai Land Department project register as of July 2026.

How many units does Sky Suites by Peace Homes have?

239 registered units. Dubai Land Department project register as of July 2026.