AVENEW888-LOOMphoto: avenewdevelopment.aeUnder construction

AVENEW888-LOOM

DLD project no. 4293 · Madinat Al Mataar · 661 units

Progress
1.63%
DLD inspected 13 Oct 2026
Handover
~ Mar 2028
Est. finish 31 Mar 2028
Escrow
#001582228276401
Registered escrow account
Google rating
4.7 ★
19 reviews

DLD developer no. 1511 · AVENEW REAL ESTATE DEVELOPMENT L.L.C

Data last checked 29 Oct 2026

declared value 355.3M AED

B+G+P+11+R Commercial & Residential 5 Buildings Composed Of 640 Residential Units: - 22 Commercial Shops - 308 1 BHK - 276 2 BHK with 22 Units Duplex - 56 3BHK With 27 Units Duplex

DLDConstruction inspection
1.63% of construction complete · last inspected by DLD 13 Oct 2026

on pace — ≈24 pts behind the plan as of the last inspection

today
inspected 13 Oct 2026
start 15 Apr 2026 est. finish 31 Mar 2028
Earlier inspections7 Oct 2026 · 1.63%30 Jul 2026 · 0.04%11 Dec 2025 · 0%
Google · this project
4.7
19 reviews

Location

AVENEW888-LOOM: common questions

Is AVENEW888-LOOM delayed?

Not by DLD figures. Construction was 1.63% complete at the last DLD inspection on 13 October 2026, in line with or ahead of its registered timeline (about 25% expected by then, planned completion 31 March 2028).

When is the handover of AVENEW888-LOOM?

The planned completion date registered with Dubai Land Department is 31 March 2028. Handover usually follows completion; the developer confirms the exact date.

How much of AVENEW888-LOOM is built?

Construction was 1.63% complete at the last DLD inspection on 13 October 2026, as published by Dubai Land Department.

Where is AVENEW888-LOOM located?

AVENEW888-LOOM is in Madinat Al Mataar, Dubai.

Who is the developer of AVENEW888-LOOM?

AVENEW888-LOOM is developed by AVENEW REAL ESTATE DEVELOPMENT L.L.C (DLD developer no. 1511). It is registered with Dubai Land Department as project no. 4293, with 661 units.

Does AVENEW888-LOOM have an escrow account?

Yes. Dubai Land Department open data lists escrow account 001582228276401. Always confirm the account with the developer or in the Dubai REST app before paying.

What are recent sale prices in AVENEW888-LOOM?

The most recent sale registered with Dubai Land Department was on 22 October 2026 for AED 998,000. Across the 228 recorded sales, the average was AED 1,475 per sq ft.

Answers are generated from Dubai Land Department open data shown on this page.