Dubai Best

AVENEW888 - MODO

NOT_STARTED

By Avenew Real Estate Development L.L.C · Madinat Al Mataar

Median price/sqft
AED 1,320
3-yr CAGR
n/a
Transactions
181
Gross yield
4.8%
Launch → now (est.)
n/a

est. — modelled from compounded CAGR, pending launch-price data.

NOT_STARTED
Project imagery — coming soon

B+G+P+10+R Commercial & Residential Building Composed of 217 Residential Units: - 7 Commercial Shops - 59 1BHK - 105 2BHK with 12 Units Duplex - 53 3BHK with 11 Units Duplex

Appreciation — multiple measures

One number can mislead — we show the full picture.

1-yr CAGR
+2.9%
3-yr CAGR
n/a
5-yr CAGR
Provisional — pending DLD licence
Median price
AED 1,294,000
Price/sqft (last 12 months)
AED 1,320
Secondary-market share
0%
Resale-only (est.)
n/a

est.

Like-for-like 1BR (est.)
n/a

est.

Rental yield

Studio
6.0%
1BR
4.5%
2BR
4.3%
3BR
4.2%

Based on this project's own DLD sale + Ejari rent transactions (last 24 months); areas with thin data fall back to community averages. Table = Madinat Al Mataar trailing 3-year window.

Price & volume trend

Quarterly median price per sqft (line) against transaction volume (bars).

Recent transactions

12 Jun 2026

Unit
Studio · 480 sqft
Price
AED 608,160
AED per sqft
AED 1,267

28 May 2026

Unit
1BR · 760 sqft
Price
AED 1,003,200
AED per sqft
AED 1,320

17 Apr 2026

Unit
1BR · 820 sqft
Price
AED 1,125,860
AED per sqft
AED 1,373

05 Mar 2026

Unit
2BR · 1,180 sqft
Price
AED 1,526,920
AED per sqft
AED 1,294

Sample — representative transactions, pending the transaction-level DLD feed.

Source: DLD transactions (Dubai Pulse) · gifts, bulk & related-party transfers excluded

Project facts

Developer
Avenew Real Estate Development L.L.C
Area
Madinat Al Mataar
Status
NOT_STARTED
Units
224
Buildings
1
Completion date
n/a
Completed
0%

Source: DLD transactions (Dubai Pulse) · Human-AI-assisted · Not financial advice.

Available now

  • 1BR · 745 sqft

    AED 1,002,770

    Verified 02 Aug 2026

  • 2BR · 1,145 sqft

    AED 1,496,515

    Verified 24 Jul 2026

Illustrative — live listings coming soon.

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Related intelligence

Avenew Real Estate Development L.L.C profile→Madinat Al Mataar area intelligence→Compare nearby projects→

Published by Dubai Best Research · Human-AI-assisted · Methodology & sources disclosed

Not financial advice · Figures nominal unless stated