Avenew888 by AVENEW Development in the Dubai South residential district

Avenew888 at a glance

Modo and Loom: the two Avenew888 entries in the DLD register

Buyers search one name, but the Dubai Land Department files Avenew888 as two projects of the same company, each with its own Dubai Islamic Bank escrow account:

AVENEW launched MODO in July 2025 as the first of three phases and counted 217 homes; the register holds 224 units for Modo, a difference NAHY checks with AVENEW. AVENEW has not published Loom's phase number or unit mix in any source NAHY accepts, so NAHY confirms both before quoting a Loom home. The DLD data holds no third Avenew888 entry yet.

Madinat Al Mataar: where Avenew888 sits in Dubai South

The register places both entries in Madinat Al Mataar, inside the Dubai South Residential District. AVENEW describes the district as minutes from Al Maktoum International Airport, with a 70 metre main road carrying a light rail line and a metro station; NAHY has no transport authority date for that line. NAHY's guide to Dubai South covers the wider district.

Loom was the third busiest project there between October 2025 and September 2026, with 225 sales, behind Ellington's Windsor House (407) and Windsor House II (399), by NAHY's count of DLD transactions; Marquis Horizon is another registration there.

MODO: duplexes, two adult pools and a dog park

AVENEW built MODO around co-living principles (Gulf News, 19 January 2026). What it listed for the first phase:

• Homes: one, two and three bedroom apartments, plus two and three bedroom duplexes, with floor-to-ceiling windows and balconies
• Sport and water: indoor and outdoor gyms, a half basketball court, two adult pools and a children's pool
• Community: an amphitheatre, BBQ zones, social hubs, kids' play areas, green walking paths and a dog park
• Daily needs: retail stores and services inside the complex

In January 2026 AVENEW gave the main construction contract to Al Masaood National General Contracting, for five buildings rising to 11 floors (Khaleej Times, 20 January 2026).

433 Loom units without a registered sale: where a buyer stands

By 29 October 2026 the register held 228 sales on Loom's 661 units, 225 of them between October 2025 and September 2026, and 183 on Modo's 224. The register trails reservations, so these gaps are not a stock count; two routes follow from them:

1. Loom through AVENEW. With 433 units not yet tied to a registered sale, NAHY asks AVENEW what it can offer by bedrooms and building, and the date it will write into the sale agreement.
2. A Modo contract from an earlier buyer. Modo is further along, at 21.21% at the last inspection. A transfer needs AVENEW's no objection certificate; NAHY reads the seller's Oqood and receipts first.

For investors: Ejari registered 1,688 one bedroom leases in the Dubai South Residential District in the last 12 complete months of data, at a median of AED 52,900 a year, and 987 two bedroom leases at AED 80,000. NAHY makes no return promise; an investor can WhatsApp +971 55 650 7737 to compare Modo, Loom and nearby launches.

AVENEW Development: founded in 2024, seven DLD projects

AVENEW Development was founded in Dubai in 2024; Rasha Hassan is its co-founder and managing partner (AVENEW release, July 2025). The DLD developer record for Avenew Real Estate Development L.L.C shows seven projects with 1,346 units, so Avenew888's 885 units are about two thirds of the company's registered stock. Silena Residences and Lia on Palm Deira are among its other entries, and Cheval Residences joined the register on 20 April 2026.

AVENEW also formed a joint venture with Kora Properties for a commercial district beside the Dubai Autodrome in Motor City (Khaleej Times, 24 February 2026), and announced plans with Marriott International for The Ritz-Carlton Residences at The World Islands, with sales from 2027 (Khaleej Times, 20 July 2026).

Avenew888: questions buyers ask

Where is Avenew888 in Dubai?

In the Dubai South Residential District, DLD area Madinat Al Mataar, near Al Maktoum International Airport.

What is the difference between Avenew888 Modo and Avenew888 Loom?

Modo is the first phase, launched in July 2025, with 224 units in the DLD register and 21.21% built. Loom is a second, larger entry of 661 units registered on 6 January 2026 at 1.63%. Both belong to AVENEW Development.

When is the Avenew888 handover?

The DLD declares 15 March 2028 for Modo and 31 March 2028 for Loom. With Loom at 1.63% built, these are declared dates, not promises; NAHY checks the date in your contract.

How many units and buildings does Avenew888 have?

885 units across the two DLD entries, 224 in Modo and 661 in Loom. AVENEW and its contractor describe five buildings rising to 11 floors.

Who is building Avenew888?

AVENEW Development, founded in Dubai in 2024. Al Masaood National General Contracting has been main contractor since January 2026.

Can I still buy a home in Avenew888?

AVENEW publishes no availability count. Loom had 433 units without a registered sale on 29 October 2026, so NAHY asks AVENEW first and also checks Modo resale contracts on WhatsApp at +971 55 650 7737.

How do I get the Avenew888 price list?

WhatsApp NAHY Real Estate at +971 55 650 7737 and say Modo or Loom, and the bedrooms you need. The price list, payment plan and floor plans follow once AVENEW or a seller confirms a unit.

Sources

• Dubai Land Department project register, Avenew888 - Modo (3828) and Avenew888-Loom (4293), read 8 November 2026; DLD transactions and Ejari rents, data to 29 October 2026
• Dubai Land Department list of 2026 registrations (Avenew888 Loom, Cheval Residences), read 8 November 2026
• AVENEW Development, launch of the first phase of AVENEW 888, MODO, release on Zawya; TradeArabia, 15 July 2025
• Gulf News, AVENEW 888 construction contract, 19 January 2026; Khaleej Times, 20 January 2026
• Khaleej Times, Avenew and Kora commercial district in Motor City, 24 February 2026; Khaleej Times, Avenew and Marriott, The Ritz-Carlton Residences at The World Islands, 20 July 2026