Dubai South
Avenew888-Loom
Homes
Apartments
Handover
Mar 2028
Status
Off-plan
Price on request
by Avenew Real Estate Development
Avenew888-Loom is a current off-plan development by Avenew Real Estate Development in Dubai South, Dubai, registered with the Dubai Land Department (project 4293). The project comprises 661 residential units. Declared project value: AED 355M. Construction is 0% complete per the latest DLD inspection. Scheduled handover: Mar 2028. Register your interest with ERE Homes for floor plans, payment plans and launch pricing.
Project details
Developer
Avenew Real Estate Development
Community
Dubai South
Home types
Apartments
Handover
Mar 2028
Project status
Off-plan
Construction
0% complete
DLD project no.
4293
Escrow
RERA-regulated account
Location
Avenew888-Loom sits here, in Dubai South, Dubai.
Open in Google Maps ↗Dubai South in numbers
Sales recorded
2,825
Median price
AED 1.15M
Median price per sqft
AED 1,249
Average price per sqft
AED 1,257
Dubai South recorded 2,825 registered sales in the May 2025 to May 2026 window, at a median of AED 1.15M, or AED 1,249 per square foot. The mix is roughly 88% apartments to 12% villas and townhouses. These are Dubai Land Department transactions, not asking prices, so they are what buyers actually paid.
Avenew888-Loom questions
Where is Avenew888-Loom located?
Avenew888-Loom is in Dubai South, Dubai, Dubai. It is registered with the Dubai Land Department as project 4293, which is the number to quote if you want to verify it on the DLD escrow register yourself.
When does Avenew888-Loom hand over?
The developer has scheduled handover for Mar 2028. Construction was last reported at 0% complete. Off-plan handover dates move. We track the DLD construction reports on this project and will tell you if it slips.
Who is the developer of Avenew888-Loom?
Avenew888-Loom is developed by Avenew Real Estate Development. They currently have 3 projects on the Dubai Land Department off-plan register, which you can see on their developer page. Before you commit to any off-plan purchase we will look at that developer's actual delivery record rather than their brochure.
What do homes in Dubai South sell for?
Dubai South recorded 2,825 registered Dubai Land Department sales in the last twelve months, at a median of AED 1.15M and AED 1,249 per square foot. Avenew888-Loom has not published its price list yet, so ask us for launch pricing when it is released.
What types of home does Avenew888-Loom have?
Apartments. Floor plans and the unit mix per release come from the developer, and we can send you the current set with what is still available.
Is Dubai South a good area to invest in?
On the numbers, Dubai South is an active market: 2,825 sales registered with the DLD in the last twelve months at a median of AED 1,249 per square foot. Volume that high means you can sell again when you want to, which matters more than a headline yield. Whether it suits you depends on whether you want income or capital growth, and we will pull the rental performance for the specific unit type you are considering.
Can foreigners buy at Avenew888-Loom?
Any nationality can buy freehold in Dubai's designated freehold areas, with no residency visa or UAE bank account required, and you can complete from overseas by Power of Attorney. A purchase at or above AED 2 million can also qualify you for the 10 year Golden Visa. We confirm the ownership type on this specific project in writing before you pay anything.
What is the payment plan on Avenew888-Loom?
Payment plans on off-plan are set by the developer per release and change between phases, so any plan published on a third party site is likely out of date. Your payments go into a RERA-regulated escrow account tied to this project rather than to the developer directly. Ask us for the current schedule, including whether there is a post-handover element.
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