The Orchard Place - Tower B

P3 — Under Development Off-Plan Primary
Developer Peak Summit Real Estate Development LLC
Property type Apartment
Data updated Feb 27, 2026

The Orchard Place - Tower B is a Under Development development by Peak Summit Real Estate Development LLC in Jumeirah Village Circle. 127 units across 1 Bedroom (58%), Studio (25%), 2 Bedroom (16%). Over the trailing 12 months, 129 sales at a median of AED 1,090,365.

Key Metrics
Median Price
Value
AED 1,090,365
Change
6.9% YoY
Transactions
Value
129
Change
23 in period
Price / sqft
Value
AED 1,531
Handover Status
Value
P3
Change
Under Development
Median Price
AED 1,090,365
↑ 6.9% YoY
Transactions
129
↑ 23 in period
Price / sqft
AED 1,531
Handover
P3
Under Development
Investment Analytics
Capital Return
Value
19.7%
Community avg
Holding Period
Value
4.4 yrs
Community avg
Ready Market Mix
Value
7.4%
Community avg
Capital Return
19.7%
Community avg
Holding Period
4.4 yrs
Community avg
Ready Market Mix
7.4%
Community avg

Rental Performance

Unit Mix

By bedroom type
Studio 32 units · 25%
1 Bedroom 73 units · 58%
2 Bedroom 20 units · 16%
3 Bedroom 2 units · 2%

Transaction Breakdown

All time — 129 transactions
Off-Plan Primary
127
Off-Plan Secondary
2

Price History

Median Price — The Orchard Place - Tower B

Median prices in The Orchard Place - Tower B have risen sharply, up 20% from AED 1.0M to AED 1.2M over the past 8 months.

Recent Transactions

Showing last 10 of 129
Date Type Price (AED) Size (sqft) AED/sqft
Feb 27, 2026 OP Primary 1,197,243 827 1,446
Feb 16, 2026 OP Primary 1,688,564 1,298 1,300
Feb 05, 2026 OP Secondary 720,000 537 1,340
Feb 02, 2026 OP Primary 1,251,675 785 1,592
Nov 02, 2025 OP Primary 854,411 529 1,614
Oct 30, 2025 OP Primary 866,347 529 1,636
Aug 29, 2025 OP Primary 1,250,568 799 1,564
Jul 13, 2025 OP Primary 833,329 529 1,574
Jun 30, 2025 OP Primary 1,275,006 799 1,594
Jun 15, 2025 OP Primary 819,274 529 1,547

This project is in Jumeirah Village Circle

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