# Avenew888 - Modo

Avenew888 - Modo is a project by Avenew Real Estate Development L.L.C, recorded at 15% complete at its last Dubai Land Department inspection. 131 sales registered in the trailing 12 months at a median AED 1.38M (1 327 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 | 15% | DLD verified |
| Registered with DLD | 4 Jul 2025 | DLD verified |
| Construction started | 15 Nov 2025 | DLD verified |
| Declared completion | 15 Mar 2028 | DLD verified |
| Units in the project | 224 | DLD verified |
| Project area | 23 329 sqm | DLD verified |
| Escrow agent | Dubai Islamic Bank (Public Joint Stock Company) | DLD verified |
| Project number | 3828 | DLD verified |

Avenew888 - Modo is a project by Avenew Real Estate Development L.L.C, recorded at 15% complete at its last Dubai Land Department inspection. 131 sales registered in the trailing 12 months at a median AED 1.38M (1 327 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 1.38M | +56.4% |
| Interquartile range | AED 1.28M – AED 1.53M | |
| Median price per sqft | 1 327 AED | +6.2% |
| Registered sales, 12 months | 131 | +156.9% |
| 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 | 26 | AED 824k | 1 247 | 643 sqft | — | — |
| 2-bedroom apartments | 80 | AED 1.38M | 1 330 | 985 sqft | — | — |
| 3-bedroom apartments | 25 | AED 1.90M | 1 446 | 1 291 sqft | — | — |

## Price per square foot by month

| Month | Sales | Median AED/sqft | IQR |
|---|---|---|---|
| Jun 2026 | 5 | 1 363 | 1 251 – 1 435 |
| May 2026 | 3 | insufficient data | |
| Apr 2026 | 5 | 1 320 | 1 260 – 1 559 |
| Mar 2026 | 10 | 1 457 | 1 318 – 1 487 |
| Feb 2026 | 6 | 1 398 | 1 263 – 1 468 |
| Jan 2026 | 6 | 1 419 | 1 347 – 1 463 |
| Dec 2025 | 31 | 1 374 | 1 256 – 1 449 |
| Nov 2025 | 14 | 1 321 | 1 271 – 1 367 |
| Oct 2025 | 10 | 1 353 | 1 277 – 1 438 |
| Sep 2025 | 40 | 1 314 | 1 248 – 1 346 |
| Aug 2025 | 40 | 1 248 | 1 241 – 1 321 |
| Jul 2025 | 10 | 1 284 | 1 243 – 1 373 |

## 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:** 9 Sep 2026  
**Methodology:** https://datadubai.ae/methodology/ (v1.0)  
**License:** Reuse permitted with attribution  
**Canonical:** https://datadubai.ae/projects/avenew888-modo/  
**Suggested citation:** Continental Club Property, "Avenew888 - Modo", Dubai Data, data through 9 Sep 2026, https://datadubai.ae/projects/avenew888-modo/  
**Disclaimer:** Registered transactions, not asking prices. Not investment advice, not a valuation. Not affiliated with or endorsed by the Dubai Land Department.