Avenew 888 - Loom — project image
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
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 38,835 / year
Cash-on-Cash
2.2%
Levered cashflow AED 9,135
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 414,000 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from AVENEW Development.

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Payment Structure

10% down payment

Published payment summary

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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

Dubai South

Developer and Project Facts

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

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Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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