Avenew 888 - Loom
Off-Plan

Avenew 888 - Loom

From AED 900,000·Handover Jun 2028·10% down payment Payment
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AED 900,000
Starting Price
Jun 2028
Handover
10% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

Avenew 888 - Loom is the second of three phases of a vibrant residential complex from developer AVENEW Development, featuring three residential buildings, B, C and F, organically integrated into the overall concept. Each building comprises a ground floor, two podium levels, and ten residential floors. The buildings' exteriors feature a modular design with a dynamic façade grid, where architectural elements gradually taper off toward the upper levels, creating a sense of lightness and visual movement. Avenew 888 - Loom offers one-, two-, and three-bedroom apartments, each featuring a contemporary interior design featuring a neutral color palette, quality materials, and thoughtful lighting. The spaces are filled with light, and understated design solutions create an elegant and tranquil ambiance. Residents have access to swimming pools for adults and children, indoor and outdoor fitness areas, sports and play areas, green walking trails, coworking and lounge areas, art and library spaces, areas for children and pets, cafes, public spaces, and more. Located in the dynamically developing Dubai South, the project offers residents easy access to key transportation hubs and business centers. Its proximity to Al Maktoum International Airport and Expo facilities makes it an ideal choice, combining convenience with growth potential.

Project Specifications
DeveloperAVENEW Development
LocationDubai South
Unit Types1 BR, 2 BR, 3 BR, Apartments
AreaDubai South
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 38,835 / year
Cash-on-Cash
2.2%
Levered cashflow AED 9,135
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 58,500 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Avenew 888 - Loom launch basis1,000AED 900,000Current launch / asking basis
Dubai South ready-stock comps1,500AED 1.35MIndicative resale benchmark
Dubai South premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from AVENEW Development.

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Enter your details to access brochures, floor plans & payment schedules

Payment Structure

10% down payment

Flexible Payment

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Floor Plans

Avenew 888 - Loom — 1 Bedroom Floor Plan

Amenities & Lifestyle

Adults Pool
BBQ
Basketball Half Court
Children’s pool
Community Lawn
Covered gym
Coworking zone
Dining outlets (coffee houses & restaurants)
Fitness Zone
Fountain
Gaming Lounge
Green Lawn (Dog Park)
Jogging tracks
Kids Play Area
Landscape Open Areas
Leisure areas
Library
Lift
Lobby
Multipurpose Sports Courts
Open air gym
Pets Allowed
Pool Lounge
Recreational areas
Resting Areas
Retail outlets
Shared Pool
Sitting Area
Social zone
Sports ground
Table Tennis
Theater
Walking paths
Yoga Area

Location

Dubai South

Nearby Destinations

Al Maktoum International Airport — 8 mins
Expo City Dubai — 10 mins
Ibn Battuta Mall — 20 mins
Palm Jebel Ali — 15 mins
Dubai SouthDubai SouthDubai, UAE

Developer Track Record

01

Avenew 888 - Loom by AVENEW Development

02

Located in Dubai South

03

Starting from AED 900,000

04

Unit mix includes 1 BR, 2 BR, 3 BR, Apartments

05

Expected handover: Jun 2028

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Get Qualified for Avenew 888 - Loom

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