Compliance & specs
About
Project general facts
Avenew 888 – Loom is a contemporary residential development that forms part of a thoughtfully planned community designed to encourage connection, well-being, and modern urban living. The project consists of multiple mid-rise buildings with clean, modern façades and a strong architectural identity, creating a balanced environment that combines privacy with shared spaces. Carefully landscaped areas and communal terraces shape a calm yet dynamic atmosphere where residents can live, connect, and grow.
The development emphasizes lifestyle and community, offering a setting that supports both everyday comfort and social interaction. Green open spaces, co-living areas, and fitness-focused amenities are integrated throughout the project, fostering an inclusive environment for individuals and families alike. Avenew 888 – Loom is positioned as a place where modern design, wellness, and community life come together seamlessly.
Interiors are finished with modern, high-quality materials and a clean, contemporary aesthetic. Apartments feature well-designed layouts with refined flooring, elegant wall finishes, and large windows that enhance natural light. Kitchens are fully fitted with quality cabinetry, durable countertops, and integrated appliances, while the residences are delivered semi-furnished, providing essential built-in elements that allow residents to personalize their living space.
Location description and benefits
Dubai South - is a dynamic and strategically planned district located in the southern part of Dubai. It serves as a major hub for economic, commercial, and logistical activities, designed with a vision to support the growth of various industries. One of its standout features is its proximity to the Al Maktoum International Airport, the world's largest airport in terms of cargo volume, making it a key player in the global logistics and aviation sectors.
In addition to its logistical prowess, Dubai South is home to the Dubai Expo 2020 site, which served as a testament to the district's capacity to host large-scale global events. The Expo site has now transitioned into a legacy district, offering a wide range of amenities and infrastructure, including residential communities, educational institutions, and recreational facilities. Dubai South's commitment to sustainability is evident in its green initiatives, with a focus on eco-friendly urban planning and energy-efficient buildings.
Dubai South continues to grow as a thriving business and residential hub, attracting both international and local investors. Its strategic location, state-of-the-art infrastructure, and diverse range of opportunities make it a compelling destination for businesses and individuals alike, contributing to the ongoing development and economic diversification of Dubai.
Available unit types
3 bedroom configurations
These thumbnails show sample layouts for each bedroom configuration. Actual unit sizes, orientations, and finishes vary across the 1 building — the developer's full floor-plan pack below covers every variant.
1 bedroom
629 – 1473 sqft
Range across 31 layout variants
2 bedrooms
976 – 1753 sqft
Range across 60 layout variants
3 bedrooms
1319 – 2313 sqft
Range across 16 layout variants
Payment PlanInterest-free during construction
- 1.10%
On booking
- 2.40%
During construction
- 3.50%
Upon Handover (Q2 2028)
Calculate your payments
Pick a unit type or enter a custom price. We'll spread it across the plan's phases in AED + your selected currency, with plain-English timing labels. Download as a spreadsheet for your records.
| # | When | Step | % | Amount (AED) | Amount (USD) | Cumulative (USD) |
|---|---|---|---|---|---|---|
| 1 | Upon booking | Reservation | 10% | 90,000 | 24,507 | 24,507 |
| 2 | Between booking and Q2 2028 | During construction | 40% | 360,000 | 98,028 | 122,535 |
| 3 | Q2 2028 | Upon Handover (Q2 2028) | 50% | 450,000 | 122,535 | 245,070 |
| Total | 100% | AED 900,000 | USD 245,070 | |||
Cash-flow shape: 50% during the construction period (10% upon booking, 40% across milestones), 50% at handover (Q2 2028).
0% interest during construction — no APR, no compounding.
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Amenities
13 features
Location
24.94384, 55.21877
About Dubai South
A look at the original masterplan published by the developer at the time of the launch of Dubai South. 1 Dubai South Residential City The 715 hectare Residential City lies in the north-eastern quarter of Dubai South and will provide high quality accommodation for middle income households working within the giant urban aviation community. Housing around 250,000 people and employing around 20,000 more, Residential City will be linked to the Peripheral Road that runs around the Al Maktoum Internati
Explore Dubai SouthAbout Avenew Development
AVENEW Development goes beyond real estate to create thoughtfully designed, high end communities that blend comfort with sophistication. With a focus on crafting homes that elevate everyday living. AVENEW aims to redefine modern comfort by shaping not just residences, but experiences where people can connect, and create lasting memories. Founded and born in Dubai in 2024 with a vision to craft homes that elevate everyday living, We believe a home is more than just a space—it’s where life’s finest moments unfold.
Building details
B & C Buildings
1, 2 & 3 bedroom apartments
Parking allocation
| Unit type | Bedrooms | Spaces |
|---|---|---|
| Apartment | 1 | 1 |
| Apartment | 2 | 1 |
| Apartment | 3 | 2 |
Marketing brochure
Why Dubai off-plan
The macro case for buying off-plan in Dubai
These six pillars apply to every project on this site — not just this one. If you're new to the UAE market, they're the context you need before evaluating the specific unit above.
0% interest, ever
Off-plan payment plans are interest-free, end to end. Every instalment is at face value — no APR, no compounding, no balloon hidden in the back. Buyers from interest-bearing markets routinely underestimate how much this saves over a 3–5 year hold.
No income or capital-gains tax on property
Dubai charges no annual property tax, no income tax on rental yield, and no capital-gains tax on resale. The DLD 4% transfer fee is a one-time cost at registration — after that, your returns are yours.
20% usually opens the unit
Most off-plan plans book with a ~20% reservation deposit. You're under contract with the developer immediately, with the rest spread across construction milestones. The deposit is what unlocks the buy-side, not the full unit price.
Post-handover plans extend the runway
Many projects offer 2–4 years of post-handover instalments — meaning a chunk of the price gets paid AFTER you take keys. Once the unit is rented, that income can help cover the post-handover payments — rarely the full instalment, but enough to make the cash-flow comfortable rather than tight.
Golden Visa from AED 2M
A property purchase of AED 2M+ qualifies the buyer (and family) for the UAE Golden Visa — a 10-year renewable residency. The visa is the headline benefit; for many international buyers it's the actual reason to buy in Dubai.
Freehold ownership for foreigners
Across the 80+ freehold zones (Dubai Marina, Downtown, Palm Jumeirah, Business Bay, JVC, Dubai Hills, and the rest), foreigners own 100% of the asset and the land. There's no Emirati partner requirement, no lease structure — title deed in your name.
Price
from AED 1,047,000
≈ USD 285,098
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