Loom at AVENEW 888

Key facts

Handover

Q1 2028

Status

Under construction

Ownership

freehold

Property types

apartment, duplex

Availability

Available

How Loom at AVENEW 888 compares

Entry here is AED 900,000, against a median of AED 900,000 across the 3 priced projects in Avenew 888, which puts it above 1 of them and below 1. The plan opens at 10% down, against a Dubai median of 10%, in line with the market. Handover lands in Q1 2028, alongside 128 other projects completing in the same quarter. Avenew Properties has 9 projects in our catalogue, 3 of them in Avenew 888.

Measured across our own catalogue of Dubai off-plan projects, refreshed with the source listings. Entry price is the lowest advertised unit price in a project, not an average transaction value.

Payment plan

Available units

Amenities

• Indoor Swimming Pool
• Landscaped Gardens
• CCTV Security
• Gymnasium
• Restaurants
• Children's Play Area

Location

Loom at AVENEW 888 sits in Dubai South (Dubai World Central).

Master plan

The developer’s own site plan for Loom at AVENEW 888, showing how the buildings, roads and open space sit together.

What you pay, and when

The launch schedule split the price 10% on booking, 40% during construction and 50% at handover. Buying now means a resale from a private owner, on whatever terms the two sides agree.

Dubai Land Department registration is charged at 4% of the purchase price on top, which is about AED 44,000 at this resale price. Under Dubai's Law 8 of 2007, that 10% booking payment goes into a RERA-supervised escrow account rather than to Avenew Properties directly, and is drawn down against certified construction progress.

What the entry price works out at

The cheapest unit with a published size is 625 square feet at AED 900,000, which works out at AED 1,440 per square foot. Stated sizes run from 625 to 2,313 square feet.

Ownership and residency

Ownership at Loom at AVENEW 888 is freehold: a buyer of any nationality can own a unit outright and hold the title deed. The 10 year UAE golden visa has a property threshold of AED 2,000,000, which the cheapest resale listed does not reach, though 3 bedroom units here start at AED 2,000,000 and clear it on their own.

Who it suits

The development is apartments and duplexes in 1 to 3 bedroom layouts. 1 bedroom units start at AED 900,000 and 3 bedroom units at AED 2,000,000, so one building covers a first rental purchase and a family home. The developer has sold out, so anything available here is a resale from a private owner.

What is on site

The shared facilities recorded for Loom at AVENEW 888 are the usual Dubai set: indoor swimming pool, landscaped gardens, CCTV security, gymnasium, restaurants and children's play area. 5 floor plans are published for it.

Frequently asked