The Orchard Place

PEAK SUMMIT REAL ESTATE DEVELOPMENT L.L.C · Jumeirah Village Circle · 418 homes · Under construction

A PEAK SUMMIT REAL ESTATE DEVELOPMENT L.L.C project under construction in Jumeirah Village Circle: 418 homes, 43% built, with completion promised for Q3 2026 on the register, a date that has passed. Registered off-plan sales from Jul 2025 to Jun 2026 had a median of AED 1,509 per sqft, 14% above the launch quarter.

Updated 27 Oct 2026
Due Q3 2026The promised date has passed
418 homesStudios, 1, 2 and 3 bedrooms
Jumeirah Village CircleDubai Land Department project 2629

Prices. Quarter by quarter since launch.

Launch quarter, Q4 2023AED 1,324/sqft
Median paid, Q2 2025AED 1,524/sqft
Sales, Jul 2025 to Jun 202621
Median paidLatest quarterLaunch quarter AED 1,324
1,2001,400Q4 23: AED 1,324/sqft, 16 salesQ1 24: AED 1,275/sqft, 39 salesQ2 24: AED 1,317/sqft, 44 salesQ3 24: AED 1,382/sqft, 39 salesQ4 24: AED 1,482/sqft, 20 salesQ1 25: AED 1,428/sqft, 14 salesQ2 25: AED 1,524/sqft, 23 salesQ4 23Q2 24Q4 24Q2 25
Every quarter as a table
QuarterMedian AED/sqftSales
Q4 20231,32416
Q1 20241,27539
Q2 20241,31744
Q3 20241,38239
Q4 20241,48220
Q1 20251,42814
Q2 20251,52423

Median AED per sqft of registered sales, off-plan and ready, through Q3 2026. Quarters with fewer than 10 sales are left out. The launch quarter is the first quarter with 10 or more sales.

Promised vs today. Launch to today.

At launchTodayHandoverQ3 202643% builtpast the promised datePrice / sqftAED 1,324AED 1,509+14% on launch, off-plan median
Against the area. Median paid.
The Orchard Place1,509

1% over the Jumeirah Village Circle median.

The promised date is the completion date declared on the Dubai Land Department register. A handover is dated by the first ready-market sale on the register, which trails the keys. The launch price is the launch quarter’s median of registered sales, not a brochure. Area medians are every registered home sale in the area, Jul 2025 to Jun 2026.

Questions.

When will The Orchard Place be completed?

The register declares completion for Q3 2026, and the project is reported 43% built. That date has passed without a handover on the register.

What do homes in The Orchard Place sell for?

From Jul 2025 to Jun 2026, 21 homes sold on the register at a median of AED 1,509 per sqft and AED 1.25M per home. By unit type: Studio AED 810K (8 sales), 1 BR AED 1.25M (8 sales). These are registered deeds, not the developer's price list.

Who built The Orchard Place?

PEAK SUMMIT REAL ESTATE DEVELOPMENT L.L.C. The project is registered to PEAK SUMMIT REAL ESTATE DEVELOPMENT L.L.C on the Dubai Land Department register, which lists 3 projects for the developer in Dubai, 3 of them under construction.

How many homes are in The Orchard Place?

418, as counted on the Dubai Land Department register. The declared mix: 92 studios, 224 1 BR, 94 2 BR, 6 3 BR.

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