# Avenew888-Loom

Avenew888-Loom is a project by Avenew Real Estate Development L.L.C, recorded at 2% complete at its last Dubai Land Department inspection. 225 sales registered in the trailing 12 months at a median AED 1.03M (1 429 AED per square foot). Registry facts come from DLD; prices are registered transactions, not asking prices.

## Registry record

| Field | Value | Provenance |
|---|---|---|
| Developer | Avenew Real Estate Development L.L.C | DLD verified |
| Status | Active | DLD verified |
| Construction progress | 2% | DLD verified |
| Registered with DLD | 6 Jan 2026 | DLD verified |
| Construction started | 15 Apr 2026 | DLD verified |
| Declared completion | 31 Mar 2028 | DLD verified |
| Units in the project | 661 | DLD verified |
| Project area | 62 950 sqm | DLD verified |
| Escrow agent | Dubai Islamic Bank (Public Joint Stock Company) | DLD verified |
| Project number | 4293 | DLD verified |

Avenew888-Loom is a project by Avenew Real Estate Development L.L.C, recorded at 2% complete at its last Dubai Land Department inspection. 225 sales registered in the trailing 12 months at a median AED 1.03M (1 429 AED per square foot). Registry facts come from DLD; prices are registered transactions, not asking prices.

| Measure | Value | Year on year |
|---|---|---|
| Median sale price | AED 1.03M | — |
| Interquartile range | AED 920k – AED 1.35M | |
| Median price per sqft | 1 429 AED | — |
| Registered sales, 12 months | 225 | — |
| Off-plan share | 100.0% | |

## By number of bedrooms

| Homes | Sales | Median price | Median AED/sqft | Median size | Median rent | Gross yield |
|---|---|---|---|---|---|---|
| 1-bedroom apartments | 163 | AED 1.01M | 1 429 | 641 sqft | — | — |
| 2-bedroom apartments | 59 | AED 1.50M | 1 492 | 988 sqft | — | — |
| 3-bedroom apartments | 3 | — | — | — | — | — |

## Price per square foot by month

| Month | Sales | Median AED/sqft | IQR |
|---|---|---|---|
| Sep 2026 | 6 | 1 651 | 1 624 – 1 709 |
| Aug 2026 | 5 | 1 409 | 1 368 – 1 692 |
| Jul 2026 | 8 | 1 393 | 1 363 – 1 501 |
| Jun 2026 | 18 | 1 447 | 1 387 – 1 675 |
| May 2026 | 3 | insufficient data | |
| Apr 2026 | 37 | 1 488 | 1 405 – 1 603 |
| Mar 2026 | 148 | 1 429 | 1 394 – 1 601 |

## What these numbers do not show

- Prices from the developer. Nothing here is a price list, a payment plan or availability — these are transactions already registered with DLD.
- Whether construction is moving. The completion percentage is the figure recorded at the last technical inspection, and inspections are irregular: an unchanged number does not mean work stopped.
- A handover promise. The declared completion date is a registry field, not a commitment.
- Asking prices. Everything here is a registered transaction; what a home was listed at is a different number.
- Off-market and cash-equivalent deals that never reach the registry, and the price actually negotiated before registration.
- Service charges, chiller fees, agency commission, DLD transfer fees or mortgage costs — none of them are inside these prices.

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**Source:** Dubai Land Department open data, compiled by Continental Club Property  
**Data through:** 22 Oct 2026  
**Methodology:** https://datadubai.ae/methodology/ (v1.0)  
**License:** Reuse permitted with attribution  
**Canonical:** https://datadubai.ae/projects/avenew888-loom/  
**Suggested citation:** Continental Club Property, "Avenew888-Loom", Dubai Data, data through 22 Oct 2026, https://datadubai.ae/projects/avenew888-loom/  
**Disclaimer:** Registered transactions, not asking prices. Not investment advice, not a valuation. Not affiliated with or endorsed by the Dubai Land Department.