Cheval Residences — project image
Off-Plan

Cheval Residences

From AED 2.82M·Handover Mar 2029·10% down payment Payment
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AED 2.82M
Starting Price
Mar 2029
Handover
10% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

Cheval Residences is a joint venture by AVENEW Development and WADEEN Developers, situated in the Dubai Islands district. The development offers a serviced hotel residence format that adheres to strict five-star hospitality standards. The building's architecture is founded on linear geometry and balanced proportions. The structure comprises a ground floor, seven residential levels, and a rooftop. The project features one-, two-, and three-bedroom residential units. The exterior design blends natural wood, champagne-toned metal accents, dark hues, and expansive glazing, while integrated greenery on the terraces softens the building's overall silhouette. Particular attention has been given to service infrastructure. Residents enjoy access to an infinity pool, fitness center, spa with sauna, concierge services, 24/7 security, housekeeping, and travel arrangement services. The lifestyle here is centered on relaxation, ensuring complete privacy and tranquility. Within walking distance or a short drive, you'll find Dubai Islands Golf Course, Oasis Park, Jumeirah Peninsula Marina Shopping Mall, Burj Al Arab, Dubai Mall, DIFC, and Dubai International Airport—all just minutes away by a comfortable commute or a leisurely stroll.

Project Specifications
DeveloperAVENEW Development
LocationDubai Islands
Unit Types1 BR, 2 BR, 3 BR, Apartments
AreaDubai Islands
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 121,640 / year
Cash-on-Cash
2.2%
Levered cashflow AED 28,613
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 1.30M / 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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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

Bar
Beach Access
Concierge Service
Housekeeping Services
Infinity pool
Landscape Open Areas
Leisure areas
Lift
Lobby
Parking
Pool Deck
Private Lounge
Recreational areas
Resting Areas
SPA
Sauna
Security and CCTV
Shared gym & fitness
Sitting Area
Social zone
Sunken Garden
Walking paths

Location

Dubai Islands

Nearby Destinations

Dubai Islands

Developer and Project Facts

01

Cheval Residences by AVENEW Development

02

Located in Dubai Islands

03

Starting from AED 2,819,000

04

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

05

Expected handover: Mar 2029

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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