
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.
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.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| Cheval Residences launch basis | 3,132 | AED 2.82M | Current launch / asking basis |
| Dubai Islands ready-stock comps | 1,500 | AED 1.35M | Indicative resale benchmark |
| Dubai Islands premium peer launches | 1,850 | AED 1.67M | New-launch peer set |
| Trophy alternative proxy | 2,250 | AED 2.02M | Higher-end anchor for negotiation context |

























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Astraterra Properties
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Dubai Islands
Cheval Residences by AVENEW Development
Located in Dubai Islands
Starting from AED 2,819,000
Unit mix includes 1 BR, 2 BR, 3 BR, Apartments
Expected handover: Mar 2029
Official brochure and PDF marketing materials available
Official render/gallery images available
Limited units available · Direct developer pricing · Serious buyer routing
Share your capital range, preferred area or unit type, reservation timeline, and whether you want branded-residence or trophy-level stock. We use that to filter inventory before sending options.
Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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