7 off-plan projects by Avenew Development in 3 areas of Dubai, with their prices, payment plans and handover dates.
Avenew 888 - Loom, Dubai South
7off-plan projects for sale
3areas of Dubai
AED 1.1Mthe lowest starting price
About Avenew Development
AVENEW Development is a Dubai developer founded in 2024. Rasha Hassan is a co-founder and its managing partner.
It builds mid- to upper-priced apartments and duplexes at AVENEW 888 in Dubai South, and beachfront homes on Dubai Islands, including Cheval Residences, run by the UK serviced-apartment brand Cheval Collection, and a St. Regis-branded building. It is also planning an office and retail district in Motor City with Kora Properties. None of its projects is finished yet, so it has no delivery record. It is a different company from AveNew Real Estate, a Dubai brokerage with a similar name.
Where they build
Most of what they build is in Dubai Islands: 4 of their 7 projects.
Booking is cheap with them: none of their plans asks for more than 10% up front.
Their plans leave most of the bill for the end. In 5 of 7, half the price or more is due on handover, so less of your money sits in a building that isn't finished.
They sell at the top of the market. Half their projects start above AED 2.5M, where the middle project on our site starts at AED 1.3M.
Their record
Dubai Land Department project register, as of Nov 2026.
Dubai Land Department lists no finished projects for Avenew Development yet, and 6 under construction.
Finished projects
0
Under construction
6
These counts include the project companies registered behind Avenew Development, as developers in Dubai often set up one per project.
We have recorded the completion dates of their 9 projects under way since Jun 12, 2026. None has moved since then.
We log changes to DLD completion dates only since Nov 2026, so a date that moved before then doesn't show as a move.
Prices and payment plans
What they cost
Their cheapest homes start from AED 1.1M.
Against Dubai Land Department sales of similar homes, their prices are mixed: of 5 projects we checked, 2 start below the usual price per square foot, 1 in line and 2 above.
How you pay
They use much the same plan everywhere: 10 / 40 / 50 in 5 of 7 projects, with 10% to book and 50% on handover.
How many projects does Avenew Development have on sale?
We list 7 off-plan projects by Avenew Development, in Dubai Islands, Dubai South, and Motor City.
Are projects by Avenew Development priced above the market?
About as often above as below. Of the 5 we compared with Dubai Land Department sales of similar homes, 2 start above the usual price per square foot and 2 below.
Which project by Avenew Development is due next?
Rena by AVENEW Development, due in Jun 2027. The last of their projects on sale is due in Mar 2030.
How much does Avenew Development ask for up front?
10% in their most common plan, 10 / 40 / 50. All 7 of their plans ask for 10% or less to book.
