New homes in Avenew 888 - Loom start at AED 1,092,000; keys are due Jun 2028; you pay 10% to book, 40% while it is built and 50% at the keys.
In the 12 months to Nov 9, 2026, Dubai Land Department recorded 157 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in AVENEW888-LOOM. Their median price is AED 1,429 per sq ft (about AED 887,000 at 621 sq ft). This project's from price is AED 1,758 per sq ft (AED 1,092,000 for its smallest home, 621 sq ft), 23% more.
Keys
Jun 2028
The developer's handover date
Payment plan
10 / 40 / 50
10% to book, 40% while it is built, 50% at the keys
Bedrooms
1 to 3 beds
Sizes
621 to 2,313 sq ft
Ownership
Freehold
Property types
Apartment
Registration fee
4% of the price
Paid to the Dubai Land Department
As of Nov 1, 2026. These details can change; confirm them with the developer before you book.
Dubai Land Department register
From price per sq ft
AED 1,758 per sq ft
Similar off-plan homes: AED 1,429 per sq ft
RERA project
4293
Check it in Dubai REST, the Dubai Land Department's official app.
Built
2%
Being built. DLD register, Nov 11, 2026
Completion on the register
Mar 2028
DLD shows only the current date. We have recorded it since Nov 11, 2026 and it hasn't moved.
Escrow account
بنك دبي الاسلامي (شركة مساهمة عامة)
The bank that holds your payments
Registered homes
661
In 5 buildings
Dubai Land Department project register, as of Nov 11, 2026.
Paying for it
You pay 10% when you book, 40% as the building goes up, and 50% when you get the keys.
AED
When
Stage
Share
Amount
Paid by then
NowBooking · 10%
Booking
10%
AED 109,200+ AED 43,680 DLD fee
AED 152,880
Feb 2027While it is built · 6.7%
While it is built
6.7%
AED 72,800
AED 225,680
Apr 2027While it is built · 6.7%
While it is built
6.7%
AED 72,800
AED 298,480
Jul 2027While it is built · 6.7%
While it is built
6.7%
AED 72,800
AED 371,280
Oct 2027While it is built · 6.7%
While it is built
6.7%
AED 72,800
AED 444,080
Jan 2028While it is built · 6.7%
While it is built
6.7%
AED 72,800
AED 516,880
Mar 2028While it is built · 6.7%
While it is built
6.7%
AED 72,800
AED 589,680
Jun 2028Keys · 50%
Keys
50%
AED 546,000
AED 1,135,680
Booking payment, 10%
AED 109,200
Dubai Land Department fee (Oqood), 4%
AED 43,680
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 152,880
Total costPrice plus the DLD fee
AED 1,135,680
The dates are our estimate: we spread the construction share evenly between now and the keys. The developer's real dates follow the building work, so they can move.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
A mortgage at the keys
Before you buy
Pay into the project's escrow account only.
This project's escrow account is at the bank named on the register above, watched by RERA. Pay into that account, never to a person.
Budget for the service charge.
Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. "Rent and yield" below gives the figure for this project.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
Is the price fair?
Dubai Land Department recorded 157 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in AVENEW888-LOOM, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Dubai Land Department recorded 157 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in AVENEW888-LOOM, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 1,429 per sq ft
AED 1,096 to AED 1,182 per sq ft
4 sales
AED 1,182 to AED 1,269 per sq ft
1 sale
AED 1,269 to AED 1,355 per sq ft
2 sales
AED 1,355 to AED 1,442 per sq ft
75 sales
AED 1,442 to AED 1,528 per sq ft
11 sales
AED 1,528 to AED 1,615 per sq ft
36 sales
AED 1,615 to AED 1,701 per sq ft
20 sales
AED 1,701 to AED 1,787 per sq ft
8 sales
This project's from price is in this band.
AED 1,096 per sq ftAED 1,787 per sq ft
This project AED 1,758 per sq ft
Half of the sales sold for AED 1,404 to AED 1,601 per sq ft
The median is the middle sale: half sold for less, half for more.
Show as tableShow as chart
Price per sq ft
Sales
AED 1,096 to AED 1,182 per sq ft
4
AED 1,182 to AED 1,269 per sq ft
1
AED 1,269 to AED 1,355 per sq ft
2
AED 1,355 to AED 1,442 per sq ft
75
AED 1,442 to AED 1,528 per sq ft
11
AED 1,528 to AED 1,615 per sq ft
36
AED 1,615 to AED 1,701 per sq ft
20
AED 1,701 to AED 1,787 per sq ft
8
The 3 closest sales
Picked from the 157 similar sales above, closest in size to this project's smallest home.
Mar 2026AED 877,000AED 1,402 per sq ftAVENEW888-LOOM C, 625 sq ft
Mar 2026AED 877,000AED 1,402 per sq ftAVENEW888-LOOM C, 625 sq ft
Apr 2026AED 879,000AED 1,405 per sq ftAVENEW888-LOOM C, 625 sq ft
Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Dubai South in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
1-bed apartmentFrom AED 1,092,000 here
Off-plan medianAED 1,186,000AED 1,599 per sq ft
Sales4,465
23% above 157 similar sales
2-bed apartment
Off-plan medianAED 1,865,000AED 1,555 per sq ft
Sales2,463
3-bed apartment
Off-plan medianAED 2,500,000AED 1,553 per sq ft
Sales351
Sales from Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from priceRent ÷ price
5.4%
Net yield at the from price(Rent − service charge) ÷ (price + DLD fee)
4.4%
Typical gross yield of similar ready homes
8.2%
Median rent of 1-bed apartments in Dubai South
AED 58,500 a year
Service charge a year, from the keysThe area median, AED 14 per sq ft from 9 buildings, as of 2023, for the smallest home (621 sq ft)
AED 8,694
Rent contracts counted
1,380
Rented between
Apr 1, 2025 and Mar 31, 2026
1-bed apartment
AED 58,500 a year
2-bed apartment
AED 85,000 a year
3-bed apartment
AED 125,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 58,500 ÷ AED 1,092,000 = 5.4%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
On your doorstep
Expo 2020 Metro Station7.6 km, 26 min driveMetro station
Greenfield International School5.5 km, 11 min driveSchool
South View School7.3 km, 18 min driveBritish school
Avenew 888 - Loom's from price per square foot is 11% above 2,865 one-bedroom off-plan sales in Dubai World Central over the 12 months to October 2026. Avenew Development is building one- to three-bedroom apartments here from AED 1,092,000, with a listed handover of June 2028.
Loom is a group of mid-rise buildings in Dubai South by Avenew Development. The Dubai Land Department lists 2,865 one-bedroom off-plan sales across Dubai World Central in the 12 months to October 2026, and the from price per square foot is 11% above their median. These sales cover the whole area, not this project alone.
The plan is 10% on booking, 40% during construction and 50% at handover. At the from price that is AED 109,200 on booking, AED 436,800 during construction and AED 546,000 at handover. The listed handover is June 2028, so half the price is paid at that stage. Separately, the 4% DLD fee comes to AED 43,680; ask when it is due.
The listing gives sizes from 621 to 2,313 sq ft. The developer's figures put a one-bedroom at 1,083 sq ft and a two-bedroom at 981 sq ft, which don't fit together, so check the floor plans for your unit. Homes are delivered semi-furnished, with fully fitted kitchens and integrated appliances. Residents share a gym, a pool, a children's pool and play area, covered parking and 24/7 security.
Alnoor South Polyclinic is about 590 m away. Greenfield International School is about 5.5 km away, around 11 minutes by car, and South View School about 7.3 km. Expo 2020 Metro Station is about 7.6 km away, around 26 minutes by car. Jumeirah Lakes Towers is about 36 minutes by car.
The developer's plans. Sizes and layouts can change; ask the developer for the plan of the exact unit you're looking at.
Loom – 1 BR
Loom – 2 BR
How prices moved
Median price of 1-bed apartments in Dubai South, over the 12 months to each dateUp 5% from Dec 2024 to Sep 2026.
Dec 2024AED 1,525 per sq ft
Sep 2026AED 1,599 per sq ft
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12 months to
Median price
Sales
Sep 2026
AED 1,599 per sq ft
4,465 sales
Jun 2026
AED 1,579 per sq ft
3,823 sales
Mar 2026
AED 1,573 per sq ft
2,639 sales
Dec 2025
AED 1,637 per sq ft
2,647 sales
Sep 2025
AED 1,567 per sq ft
2,542 sales
Jun 2025
AED 1,582 per sq ft
2,436 sales
Mar 2025
AED 1,598 per sq ft
2,053 sales
Dec 2024
AED 1,525 per sq ft
1,257 sales
Off-plan sales only.
Questions about this project
Who is building Loom?
Avenew Development. The project is in Dubai South.
Can foreigners buy here?
Yes. The listing gives the ownership as freehold, so foreign buyers can own outright.
How does the price compare with recent sales in Dubai World Central?
The from price per square foot is 11% above the median of 2,865 one-bedroom off-plan sales in Dubai World Central over the 12 months to October 2026.
How much is each payment?
At the from price: AED 109,200 on booking, AED 436,800 during construction and AED 546,000 at handover. Separately, the 4% DLD fee comes to AED 43,680; ask when it is due.
Do the homes come with furniture?
They are delivered semi-furnished, with fully fitted kitchens and integrated appliances. Ask exactly which items are included.
