New homes in Cheval Residences start at AED 2,800,000; keys are due Mar 2029; 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 1,596 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Dubai Islands. Their median price is AED 2,855 per sq ft (about AED 2,178,000 at 763 sq ft). This project's from price is AED 3,670 per sq ft (AED 2,800,000 for its smallest home, 763 sq ft), 29% more.
Keys
Mar 2029
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
763 to 4,322 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 3,670 per sq ft
Similar off-plan homes: AED 2,855 per sq ft
RERA project
4457
Check it in Dubai REST, the Dubai Land Department's official app.
Built
0%
Not started. DLD register, Nov 11, 2026
Completion on the register
Mar 2029
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
100
In 1 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 280,000+ AED 112,000 DLD fee
AED 392,000
Feb 2027While it is built · 5%
While it is built
5%
AED 140,000
AED 532,000
May 2027While it is built · 5%
While it is built
5%
AED 140,000
AED 672,000
Aug 2027While it is built · 5%
While it is built
5%
AED 140,000
AED 812,000
Nov 2027While it is built · 5%
While it is built
5%
AED 140,000
AED 952,000
Mar 2028While it is built · 5%
While it is built
5%
AED 140,000
AED 1,092,000
Jun 2028While it is built · 5%
While it is built
5%
AED 140,000
AED 1,232,000
Sep 2028While it is built · 5%
While it is built
5%
AED 140,000
AED 1,372,000
Dec 2028While it is built · 5%
While it is built
5%
AED 140,000
AED 1,512,000
Mar 2029Keys · 50%
Keys
50%
AED 1,400,000
AED 2,912,000
Booking payment, 10%
AED 280,000
Dubai Land Department fee (Oqood), 4%
AED 112,000
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 392,000
Total costPrice plus the DLD fee
AED 2,912,000
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. Ask Avenew Development for the estimate.
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 1,596 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Dubai Islands, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Too few similar homes in Cheval Residences sold in 24 months, so we compare with off-plan sales across Dubai Islands.
Dubai Land Department recorded 1,596 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Dubai Islands, 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 2,855 per sq ft
AED 1,519 to AED 1,837 per sq ft
19 sales
AED 1,837 to AED 2,156 per sq ft
118 sales
AED 2,156 to AED 2,474 per sq ft
225 sales
AED 2,474 to AED 2,792 per sq ft
329 sales
AED 2,792 to AED 3,110 per sq ft
416 sales
AED 3,110 to AED 3,429 per sq ft
297 sales
AED 3,429 to AED 3,747 per sq ft
136 sales
This project's from price is in this band.
AED 3,747 to AED 4,065 per sq ft
56 sales
AED 1,519 per sq ftAED 4,065 per sq ft
This project AED 3,670 per sq ft
Half of the sales sold for AED 2,520 to AED 3,146 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 1,519 to AED 1,837 per sq ft
19
AED 1,837 to AED 2,156 per sq ft
118
AED 2,156 to AED 2,474 per sq ft
225
AED 2,474 to AED 2,792 per sq ft
329
AED 2,792 to AED 3,110 per sq ft
416
AED 3,110 to AED 3,429 per sq ft
297
AED 3,429 to AED 3,747 per sq ft
136
AED 3,747 to AED 4,065 per sq ft
56
The 3 closest sales
Picked from the 1,596 similar sales above, closest in size to this project's smallest home.
Jun 2026AED 2,391,361AED 3,134 per sq ftAquora by Casa Vista Development, 763 sq ft
Feb 2026AED 2,175,006AED 2,850 per sq ftAquora by Casa Vista Development, 763 sq ft
Sep 2026AED 2,305,347AED 3,024 per sq ftSEA LEGEND ONE BY M V S REAL ESTATE, 762 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 Islands 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 2,800,000 here
Off-plan medianAED 2,334,000AED 2,781 per sq ft
Sales2,196
29% above 1,596 similar sales
2-bed apartment
Off-plan medianAED 3,499,000AED 2,716 per sq ft
Sales1,972
3-bed apartment
Off-plan medianAED 5,593,000AED 2,829 per sq ft
Sales576
Sales from Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
On your doorstep
Gold Souq Metro Station3.8 km, 7 min driveMetro station
Deira Islands Beach1.6 km, 4 min driveBeach
Al Ittihad Private School3.1 km, 13 min driveSchool
Queen international school4.4 km, 12 min driveBritish school
The Elite English School3.3 km, 10 min driveIndian school
Waterfront Market2 km, 4 min driveMall
Dubai Hospital2.7 km, 5 min driveHospital
Dubai World Trade Centre9.8 km, 15 min driveOffices
Cheval Residences is an Avenew Development building on Dubai Islands with furnished 1- to 3-bedroom apartments from AED 2,800,000 and a listed handover of March 2029. The price check puts the from price per square foot about 29% above 1,596 similar one-bedroom sales on the island (12 months to November 2026).
Start with the price check. Over the 12 months to November 2026, there were 1,596 similar one-bedroom sales on Dubai Islands, and the check puts this project's from price per square foot about 29% above them. Those sales were across the island, not in this building. The check compares price per square foot, not total price.
You pay 10% on booking, 40% during construction and 50% at handover. At the from price that is AED 280,000 to book, AED 1,120,000 during the build and AED 1,400,000 at handover. Separately, the 4% DLD fee comes to AED 112,000; ask when it is due. The listed handover is March 2029, about two years and four months away.
Apartments come fully furnished, with integrated kitchen appliances. The developer gives sizes of about 801 sq ft for a one-bedroom home, 1,454 sq ft for a two-bedroom home, with three-bedroom homes at about 1,941 sq ft. The listing's overall range runs from 763 to 4,322 sq ft. Shared facilities include a gym, a pool, a children's pool and play area, landscaped areas, covered parking, a lobby and 24-hour security.
Deira Islands Beach is about 1.6 km away, around 4 minutes by car. Dubai Hospital is about 2.7 km away and Al Ittihad Private School about 3.1 km. Gold Souq Metro Station is about 3.8 km away, around 7 minutes by car, and Dubai World Trade Centre about 15 minutes.
The developer's plans. Sizes and layouts can change; ask the developer for the plan of the exact unit you're looking at.
1 BR
2 BR
3 BR
How prices moved
Median price of 1-bed apartments in Dubai Islands, over the 12 months to each dateUp 27% from Dec 2024 to Sep 2026.
Dec 2024AED 2,188 per sq ft
Sep 2026AED 2,781 per sq ft
Show as tableShow as chart
12 months to
Median price
Sales
Sep 2026
AED 2,781 per sq ft
2,196 sales
Jun 2026
AED 2,696 per sq ft
2,435 sales
Mar 2026
AED 2,535 per sq ft
2,416 sales
Dec 2025
AED 2,416 per sq ft
1,959 sales
Sep 2025
AED 2,338 per sq ft
1,563 sales
Jun 2025
AED 2,305 per sq ft
1,308 sales
Mar 2025
AED 2,211 per sq ft
746 sales
Dec 2024
AED 2,188 per sq ft
500 sales
Off-plan sales only.
Questions about this project
Which company builds Cheval Residences?
Avenew Development. The building is on Dubai Islands.
Can foreigners buy here?
Yes. It's in a freehold area, so foreign buyers can own outright.
How does the price compare with recent sales?
The price check puts the from price per square foot about 29% above 1,596 similar one-bedroom sales on Dubai Islands (12 months to November 2026).
Are the apartments furnished?
Yes, the developer says they come fully furnished. Ask for the furniture list in writing.
What is due before handover?
Half the price: AED 280,000 on booking and AED 1,120,000 during construction at the from price. The other AED 1,400,000 is due at handover. Separately, the 4% DLD fee comes to AED 112,000; ask when it is due.
How far are the beach and the metro?
Deira Islands Beach is about 1.6 km away and Gold Souq Metro Station about 3.8 km.
