Dubai developer founded 2024, with 5 projects in Dubai Islands and Dubai South, handovers 2028–2029.
Brief us on AVENEW Development →AVENEW Development is a Dubai-based developer founded 2024, focused on the premium residential segment. The company describes its mission as creating lifestyle-oriented residential communities where design and atmosphere are prioritised alongside functional execution. The brand is new to the market, with its portfolio concentrated in two Dubai areas.
We track 5 AVENEW projects across 2 Dubai districts. On Dubai Islands: Cheval Residences (2029), Silena Residences (2028), and Lia (2028). In Dubai South: Avenew 888 — Modo (2028) and Avenew 888 — Loom (2028). All confirmed handover years fall in 2028–2029, placing this entirely in the medium-term off-plan category.
Given AVENEW's founding year of 2024 and an entirely off-plan portfolio, buyers are assessing a very early-stage developer. Dubai Islands is an emerging waterfront community with no completed supply benchmark yet. Dubai South is a growing district anchored by the Expo City and Al Maktoum International Airport expansion.
We recommend thorough due diligence: verify Oqood registration, review the developer's financing structure, and assess the payment plan against construction milestones. The 2028–2029 timeline means buyers should plan for a multi-year hold.
ACTIVE OFF-PLAN · 5 PROJECTS
DUBAI ISLANDS · DUBAI
AVENEW Development
SILENA RESIDENCES
Handover · 2Q 2028
From AED 3.30MFrom $899KFrom €786K
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DUBAI SOUTH · DUBAI
AVENEW Development
AVENEW 888 - LOOM
Handover · 2Q 2028
From AED 1.05MFrom $285KFrom €249K
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DUBAI SOUTH · DUBAI
AVENEW Development
AVENEW 888 - MODO
Handover · 1Q 2028
From AED 860KFrom $234KFrom €205K
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DUBAI ISLANDS · DUBAI
AVENEW Development
LIA
Handover · 1Q 2028
From AED 3.63MFrom $990KFrom €865K
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DUBAI ISLANDS · DUBAI
AVENEW Development
CHEVAL RESIDENCES
Handover · 1Q 2029
From AED 2.94MFrom $802KFrom €701K
View →WRITTEN BY OUR DESK
Market notes, from our desk
PROCESS · SEPTEMBER 14 · 6 MIN
Dubai Smart City in 2026: What Autonomous Taxis and AI Government Services Already Do
What Driverless Taxis and Paperless Government Offices Reveal About Dubai's Smart City Bet A passenger climbs into a taxi in Abu Dhabi, opens a ride-hailing app, and watches the driver's seat sit empty for the whole trip. A few kilometers away, a resident renews a business…
UNCATEGORIZED · AUG 27 · 8 MIN
RAK Guarantee: Why Ras Al Khaimah Put Itself on the Hook, Not the Tourist
RAK Guarantee: How Ras Al Khaimah Just Rewrote the Rules on Tourist Booking Risk Ras Al Khaimah has launched a free booking protection program for tourists, and the timing tells you as much as the mechanics do. Called RAK Guarantee, the program activates when Russian or UAE authorities issue an official recommendation against travel between …
UNCATEGORIZED · AUG 26 · 6 MIN
Dubai Creek Lights Up: Inside Dubai Municipality’s AED 80 Million Waterfront Project
Dubai Creek Lights: What an AED 80 Million Waterfront Project Means for Bur Dubai and Deira Property Dubai Municipality has begun rolling out Dubai Creek Lights, a permanent lighting installation covering roughly 8 km of the Creek waterfront on both banks, Bur Dubai and Deira. The AED 80 million project brings more than 5,000 energy-efficient …
UNCATEGORIZED · AUG 26 · 7 MIN
Abu Dhabi’s Free Visa for Indian Tourists and What It Changes for the Property Market
Abu Dhabi Opens Free Tourist Visas for Indian Travellers: What It Means for the Market Abu Dhabi has opened a temporary window for Indian travellers to enter the UAE on a free tourist visa, and the mechanics matter more than the headline. The offer, run by the Department of Culture and Tourism Abu Dhabi, covers …
UNCATEGORIZED · AUG 25 · 7 MIN
What Not to Do in the UAE: The Rules No Brochure Mentions
What UAE Visitors and Buyers Get Wrong: The Rules Nobody Explains What UAE visitors miss is not the headline law. It is the small stuff: a phone camera raised toward a stranger, a coffee sipped on a sidewalk during Ramadan daylight, a middle finger flashed in traffic frustration, a bottle of wine ordered in the …
UNCATEGORIZED · AUG 25 · 7 MIN
UAE just opened tariff-free access to 86% of EAEU goods
The EAEU-UAE Economic Partnership Agreement enters into force on October 6, 2026, and it will reshape trade flows before it touches a single property listing. That gap between headline and consequence is where our team’s analysis starts, because for buyers watching the UAE market, trade policy rarely stays trade policy for long. The agreement itself …
UNCATEGORIZED · AUG 24 · 7 MIN
How the UAE Brought the Arabian Oryx Back From Extinction
The Arabian Oryx and the Long Game of Recovery In 1972, the last wild Arabian oryx was shot in the desert of Oman. For years afterward, every living Arabian oryx anywhere on earth stood behind bars or fencing, in zoos, private collections and a handful of breeding programs scattered from Arizona to the Gulf. A …
UNCATEGORIZED · AUG 23 · 7 MIN
4.58 million residents: Dubai’s fastest growth since 1980
Dubai’s resident population has crossed 4.58 million, up 7.5% over the past year, and this is the number our team keeps returning to when clients ask why rents in well-connected districts haven’t softened despite record handover volumes. What the numbers actually say According to Digital Dubai and the Dubai Data and Statistics Establishment, the emirate’s …
FAQ · about AVENEW Development
We track the AVENEW Development launch calendar, see early floor plans before public release, and know which allocations to chase. Tell us bedrooms + budget — we'll come back with what fits.
Brief us on AVENEW Development →
