Developer · #41 by 12M value
Avenew Real Estate Development
Market bulletin · Thu, 22 Oct 2026
Avenew Real Estate Development: median AED 1,692/sqft, up 9.6% over three months on 19 sales
Avenew Real Estate Development recorded 9 sales worth AED 13.7M in the 30 days to Thu, 22 Oct 2026, up 28.6% on the previous 30 days. Over the last week 2 sales were registered (AED 2.11M), against 3 the week before.
The median sale over the last three months was AED 1.35M, or AED 1,692/sqft — like-for-like prices per sqft up 9.6% on the previous three months and up 21.7% on a year earlier. Monthly medians over the past year ranged from AED 1,380/sqft to AED 3,750/sqft.
By market over 12 months: developer off-plan sales 98.6%, off-plan resales 1.1%, secondary (ready) sales 0.3%.
Avenew Real Estate Development registered 355 sales worth AED 1.01B in 12 months across 2 communities, ranking #41 among Dubai developers by value. Its most active project was Silena Building A (52 sales).
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | AED 1,416 |
| Sept 26 | AED 1,724 |
| Aug 26 | AED 1,696 |
| Jul 26 | AED 1,387 |
| Jun 26 | AED 3,750 |
| May 26 | AED 1,424 |
| Apr 26 | AED 1,535 |
| Mar 26 | AED 1,597 |
| Feb 26 | AED 2,749 |
| Jan 26 | AED 2,839 |
| Dec 25 | AED 1,380 |
| Nov 25 | AED 3,467 |
| Oct 25 | AED 3,568 |
| Sept 25 | AED 1,321 |
| Aug 25 | AED 1,255 |
| Jul 25 | AED 3,115 |
| Jun 25 | AED 3,204 |
| May 25 | AED 3,291 |
| Apr 25 | AED 2,839 |
| Mar 25 | AED 2,836 |
| Feb 25 | AED 2,852 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 3 | 2 | 1 |
| Sept 26 | 6 | 1 | 0 |
| Aug 26 | 5 | 0 | 0 |
| Jul 26 | 8 | 0 | 0 |
| Jun 26 | 43 | 1 | 0 |
| May 26 | 8 | 0 | 0 |
| Apr 26 | 36 | 0 | 0 |
| Mar 26 | 96 | 0 | 0 |
| Feb 26 | 15 | 0 | 0 |
| Jan 26 | 14 | 0 | 0 |
| Dec 25 | 35 | 0 | 0 |
| Nov 25 | 62 | 0 | 0 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 9 | up 28.6% | AED 13.7M | 1,520 | down 11.8% |
| Last 3 months | 19 | down 72.5% | AED 46.9M | 1,692 | down 33.7% |
| Last 6 months | 88 | down 66.5% | AED 253M | 1,725 | up 7.8% |
| Last 12 months | 355 | up 65.1% | AED 1.01B | 1,611 | down 43.0% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Off-plan (developer) | 350 | 99% | AED 1.75M | 1,616 | down 42.9% |
| Off-plan resale | 4 | 1% | — | — | — |
| Secondary (ready) | 1 | 0% | — | — | — |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| 1 bedroom | 178 | 50% | AED 1.10M | 1,664 | down 41.0% |
| 2 bedrooms | 133 | 37% | AED 1.60M | 1,499 | down 46.7% |
| 3 bedrooms | 42 | 12% | AED 5.30M | 2,090 | down 32.7% |
| 4 bedrooms | 1 | 0% | — | — | — |
| 5+ bedrooms | 1 | 0% | — | — | — |
| Type | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Apartments | 326 | 92% | AED 1.59M | 1,599 | down 43.4% |
| Hotel apartments | 29 | 8% | AED 5.35M | 4,258 | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 191 | 54% | AED 1.14M | 1,409 | up 11.8% |
| AED 2M–10M | 153 | 43% | AED 3.34M | 3,456 | up 11.2% |
| AED 10M–50M | 11 | 3% | AED 10.8M | 3,923 | — |
Projects
By sales value, last 12 months
| Project | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Silena Building ADubai Islands | 52 | — | — |
| Cheval Residences Dubai IslandsDubai Islands | 31 | — | — |
| Lia ResidencesDubai Islands | 42 | — | — |
| Silena Building BDubai Islands | 25 | — | — |
| Avenew 888 LoomDubai South Residential District | 117 | 1,664 | up 9.2% |
| Avenew 888Dubai South Residential District | 62 | — | — |
| Shoaq ResidencesDubai Islands | 2 | — | — |
| Avenew 888 ModoDubai South Residential District | 22 | — | — |
| Rena ResidenceDubai Islands | 2 | — | — |
Where Avenew Real Estate Development sells
Sales in this scope only, last 12 months
| Community | Sales 12M | AED/sqft | Share |
|---|---|---|---|
| Dubai Islands | 154 | 3,518 | 74.8% |
| Dubai South Residential District | 201 | 1,409 | 25.2% |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 12.0M | 2 BR Apartment · 4,708 sqftLia Residences · Dubai Islands | 10 Aug |
| AED 5.74M | 2 BR Hotel apartment · 1,454 sqftCheval Residences Dubai Islands · Dubai Islands | 31 Aug |
| AED 3.88M | 1 BR Hotel apartment · 965 sqftCheval Residences Dubai Islands · Dubai Islands | 27 Jul |
| AED 3.72M | 1 BR Apartment · 964 sqftCheval Residences Dubai Islands · Dubai Islands | 14 Oct |
| AED 3.67M | 1 BR Apartment · 845 sqftCheval Residences Dubai Islands · Dubai Islands | 16 Sept |
| AED 2.06M | 1 BR Apartment · 733 sqftShoaq Residences · Dubai Islands | 25 Sept |
Questions about Avenew Real Estate Development
What is the average price per sqft in Avenew Real Estate Development?
The median sale price in Avenew Real Estate Development over the last three months was AED 1,692 per sqft (median sale AED 1.35M), based on 19 sales registered with Dubai Land Department.
Are property prices in Avenew Real Estate Development going up?
Like-for-like prices per sqft are up 21.7% on a year earlier and up 9.6% on the previous three months.
How many properties were sold in Avenew Real Estate Development in the last year?
355 sales worth AED 1.01B were registered in the last 12 months: 99% developer off-plan, 1% off-plan resales and 0% secondary (ready) sales.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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