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About Avenew888-loom
Avenew888-loom is a residential development by Avenew Real Estate Development, located in Madinat Al Mataar, Dubai. It is officially registered with the Dubai Land Department (DLD) project register and comprises 661 registered units.
According to the latest Dubai Land Department inspection, construction stands at 2% complete. Works are scheduled from Q2 2026 with completion planned for Q1 2028.
Because the project is DLD-registered, off-plan payments are held in a regulated escrow account and the sale is recorded on the Oqood register. MRK Real Estate can share current availability, floor plans and pricing for Avenew888-loom on request.
Pricing
Published pricing by configuration
As published by the sources listed at the foot of this page. Developer pricing changes between releases — confirm before relying on any figure.
At a glance
Avenew888-loom key facts
- Developer
- Avenew Real Estate Development
- Community
- Madinat Al Mataar
- Status
- Under construction
- Handover
- Q1 2028
- Starting price
- AED 900K
- Total units
- 661
- Unit types
- Apartments
- Ownership
- Freehold — open to all nationalities
Available units
Avenew888-loomunits & prices
Starting prices by unit type as published at the latest update. Developer pricing moves with each release — message us for the current price list and live availability.
Process
How to buy at Avenew888-loom
- 01
Shortlist and reserve
Choose a unit type and view at Avenew888-loom and secure it with the booking deposit.
- 02
Sign the SPA
Avenew Real Estate Development issues the Sales and Purchase Agreement. Review the payment schedule, handover clause and specification before signing.
- 03
Oqood registration
The off-plan sale is registered with the Dubai Land Department (Oqood). The 4% DLD fee is payable at this stage.
- 04
Construction instalments
Instalments are paid into the project escrow account as construction milestones are reached.
- 05
Handover and title deed
On completion (scheduled Q1 2028), the final payment is made, a snagging inspection takes place and the title deed is issued.
Our read
The honest view
Every project has trade-offs. Here are both sides, so you can judge whether this one fits what you actually want.
What stands out
- DLD-registered project by Avenew Real Estate Development
- Located in Madinat Al Mataar, Dubai
- 661 registered units
What to weigh
- Pricing and payment plan are not part of the DLD register — confirm the current price list with MRK Real Estate.
- Completion dates registered with DLD can be revised by the developer; confirm the latest schedule before committing.
FAQ
Avenew888-loom — frequently asked questions
What is the starting price of Avenew888-loom?
Published pricing at Avenew888-loom starts from AED 900K. Developer pricing changes with each release, so contact MRK Real Estate to confirm current availability.
When is the handover of Avenew888-loom?
Avenew888-loom is scheduled for handover in Q1 2028. Off-plan timelines can move, so confirm the current schedule before committing.
Who is the developer of Avenew888-loom?
Avenew888-loom is developed by Avenew Real Estate Development in Madinat Al Mataar, Dubai.
What unit types are available at Avenew888-loom?
Avenew888-loom offers Apartments across 661 units.
Where is Avenew888-loom located?
Avenew888-loom is in Madinat Al Mataar, Dubai.
Can foreigners buy at Avenew888-loom?
Yes. Madinat Al Mataar is a freehold area, so buyers of any nationality can own property at Avenew888-loom outright.
Does buying at Avenew888-loom qualify for the UAE Golden Visa?
The entry price of AED 900K is below the AED 2 million threshold for the property Golden Visa; larger units priced at AED 2 million or more can qualify, subject to current ICP rules.
What are the purchase costs at Avenew888-loom?
Beyond the purchase price, the Dubai Land Department charges a 4% registration fee — about AED 36K on the starting price — plus a small admin and trustee fee.
How do I buy or sell at Avenew888-loom?
MRK Real Estate advises on primary purchases and resales at Avenew888-loom. Message us on WhatsApp for availability, floor plans and a valuation.
Figures shown are as published by the developer and were last checked on 2026-11-01. Developer pricing, availability and handover dates change between releases — we confirm current terms directly with Avenew Real Estate Development before any transaction.
