DLD open data through 22 October 2026 · updated weeklyIndependent: no developer or broker pays to appear or to rank.
ZoneIQ
العربيةDeal Check
Menu
AreasOff-planDevelopersCompareGuidesFor ownersFor brokersDeal Check

Avenew888-Loom

Under construction

by Avenew Real Estate Development · Dubai South

Updated 22 October 2026 · Source: DLD open data · Information, not financial advice. Not an official DLD product.

The median sale price in Avenew888-Loom is AED 1.03M (AED 1,429 per sqft), 5% above the Dubai South median of AED 1,360 per sqft, from 225 sales in the last 12 months. It is 2% built, with handover planned for Mar 2028. The escrow account is at Dubai Islamic Bank (Public Joint Stock Company).

Build progress2%
Planned handoverMar 2028
Units661
Median priceAED 1.03Mmiddle half AED 920K to AED 1.35M
Price / sqftAED 1,429area median AED 1,360
Sales, 12 months225228 since launch

Schedule check

Built2%
Planned time used27%

Build progress is 25 pts behind the share of time used.

Progress gap compares build progress with the share of planned time already used. A project 40% built after using 60% of its planned time shows -20 pts.

Registry details

Project number4293
DeveloperAvenew Real Estate Development
Escrow bankDubai Islamic Bank (Public Joint Stock Company)
Start date15 April 2026
Registered6 January 2026
DLD areaMadinat Al Mataar
CommunityDubai South

Compare with other projects in Dubai South

ProjectDeveloperStatusMedian pricePrice / sqftSales
Avenew888-LoomAvenew Real Estate Development2%AED 1.03M1,429225
Mag 5 BoulevardMag 5 Property DevelopmentReadyAED 660K1,11794
CelestiaDamac DevelopmentReadyAED 540K1,11885
Windsor House IiEllington Properties Development1%AED 1.65M1,541399
Enre Residence By ImtiazImtiaz South Real Estate Development15%AED 1.36M1,571125
Avenew888 - ModoAvenew Real Estate Development21%AED 1.43M1,35091
Marquis HorizonMarquis Home Developer0%AED 1.28M1,58075

Areas: Dubai South

Other projects by Avenew Real Estate Development

Silena ResidencesAvenew888 - ModoLia

Avenew Real Estate Development

Questions buyers ask

How much does a home in Avenew888-Loom cost?

The median DLD sale price is AED 1.03M (AED 1,429 per sqft), from 225 sales in the last 12 months. The middle half of sales ran from AED 920,000 – AED 1.35M.

When is the handover of Avenew888-Loom?

The DLD registry shows a planned completion date of Mar 2028. Build progress is 2%. Build progress is 25 pts behind the share of time used.

Who is the developer of Avenew888-Loom?

Avenew Real Estate Development. The DLD registry lists 4 projects by this developer, 0 of them completed.

Ask before you buy off-plan

  • Is the project registered with DLD and is the escrow account in the developer's name at the bank shown here?
  • What share of the price must be paid before the developer allows resale?
  • What does the sale agreement say about delay compensation and the latest handover date?
  • Is the payment plan linked to construction milestones or to calendar dates?
Payment plan calculatorDeal Check
Talk to a specialist

Get help with Dubai South from a RERA-licensed specialist.

Email or WhatsApp, at least one.

How we choose partners: one RERA-licensed broker or mortgage advisor per request, under a signed agreement. We never sell your details.

Free. One specialist contacts you. We never sell your data.

Source: DLD project registry and sales, via Dubai Data. Data through 22 October 2026. Registry dates can lag official extensions. Source · ZoneIQ gives information, not financial or investment advice. Figures are medians and estimates. Check any unit yourself before you commit.