Avenew Real Estate Development L.L.C · Selling since 2024 · recent sales mostly off-plan
AED 1,219/sqft
—
AED 939,461
AED 939,461 to AED 939,461, from 1 years of this project's own history. A trend, not a forecast.
High
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually registered at in Avenew888 - Modo — not an asking price, and not this project’s overall median, which mixes every unit size together.
A year’s rent against what that size actually sold for in Avenew888 - Modo over the same twelve months. Prices are this project’s own registered sales. Rents marked this building are registered new tenancies in Avenew888 - Modo itself; the rest are homes of the same size in Dubai South, used where Ejari did not name the building.
| Size | Costs now | Rents for | Gross yield | Sales behind it |
|---|---|---|---|---|
| 1 bed | AED 802K | AED 54,000/yrsame size in Dubai South | 6.7% | 21 |
| 2 beds | AED 1.39M | AED 80,000/yrsame size in Dubai South | 5.8% | 76 |
| 3 beds | AED 1.9M | AED 85,000/yrsame size in Dubai South | 4.5% | 25 |
What it returns after service charges
We hold no filed budget for this one, so this starts from a placeholder rather than a measurement — it’s on the service charge invoice, or on RERA’s Service Charge Index. How to check it.
| Size | Charge / year | Rent after it | Gross | Net |
|---|---|---|---|---|
| 1 bed | AED 9,633 | AED 44,367 | 6.7% | 5.5% |
| 2 beds | AED 14,769 | AED 65,231 | 5.8% | 4.7% |
| 3 beds | AED 19,348 | AED 65,652 | 4.5% | 3.5% |
Still not the final number: agency commission on re-letting, and any month the home sits empty, both come out of net rent too. This subtracts the service charge only, because it is the one cost that is the same every year whether or not the home is let.
Gross yield: rent before costs. Service charges, agency commission, and any month the home sits empty all come out of it — in Dubai the service charge alone is commonly a fifth to a third of the rent, so treat these as the ceiling rather than the return.
Price vs. Dubai South median
-29.1%
Priced at or below the area's real median.
Verify before you commit
Permit, title, broker license, escrow — the free official checks.
Verification guide →Transport, schools, healthcare, and daily essentials within 3 km.
Straight-line distances — actual walking or driving routes will be longer. Measured from the centre of Madinat Al Mataar — we couldn't pin this project's exact address, so treat these as area-level, not door-to-door. Places data from OpenStreetMap.