New homes in Avenue Park Towers start at AED 4,039,000; keys are due Sep 2029; you pay 5% to book, 55% while it is built and 40% at the keys.
Keys
Sep 2029
The developer's handover date
Payment plan
5 / 55 / 40
5% to book, 55% while it is built, 40% at the keys
Bedrooms
1 to 4 beds
Sizes
717 to 4,447 sq ft
Ownership
Leasehold
Property types
Apartment
Registration fee
4% of the price
Paid to the Dubai Land Department
Details from the developer, as of Nov 1, 2026. They can change; ask us to confirm before you book.
Dubai Land Department register
From price per sq ft
AED 5,633 per sq ft
At the smallest size listed
RERA project
3337
Check it in Dubai REST, the Dubai Land Department's official app.
Built
0%
Not started. DLD register, Jun 12, 2026
Completion on the register
Dec 2028
DLD shows only the current date, so we can't tell whether it has moved before.
Escrow account
بنك الإمارات دبي الوطني (ش.م.ع)
The bank that holds your payments
Registered homes
671
In 3 buildings
Paying for it
You pay 5% when you book, 55% as the building goes up, and 40% when you get the keys.
AED
When
Stage
Share
Amount
Now
Booking
5%
AED 201,950
Mar 2027
While it is built
6.9%
AED 277,681
Jul 2027
While it is built
6.9%
AED 277,681
Oct 2027
While it is built
6.9%
AED 277,681
Feb 2028
While it is built
6.9%
AED 277,681
Jun 2028
While it is built
6.9%
AED 277,681
Oct 2028
While it is built
6.9%
AED 277,681
Jan 2029
While it is built
6.9%
AED 277,681
May 2029
While it is built
6.9%
AED 277,681
Sep 2029
Keys
40%
AED 1,615,600
Booking payment, 5%
AED 201,950
Dubai Land Department fee (Oqood), 4%
AED 161,560
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 363,510
The dates are our estimate: we spread the construction share evenly between now and the keys. The developer's real dates follow the building work, so they can move.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
Before you buy
Pay into the project's escrow account only.
This project's escrow account is at the bank named on the register above, watched by RERA. Pay into that account, never to a person.
Budget for the service charge.
Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. Ask Wasl for the estimate.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
Is the price fair?
Dubai Land Department recorded 25 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Avenue Park Towers, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Dubai Land Department recorded 25 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Avenue Park Towers, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 2,300 per sq ft
AED 2,003 to AED 2,102 per sq ft
3 sales
AED 2,102 to AED 2,200 per sq ft
2 sales
AED 2,200 to AED 2,299 per sq ft
7 sales
AED 2,299 to AED 2,397 per sq ft
7 sales
AED 2,397 to AED 2,496 per sq ft
1 sale
AED 2,496 to AED 2,594 per sq ft
3 sales
AED 2,594 to AED 2,693 per sq ft
0 sales
AED 2,693 to AED 2,791 per sq ft
2 sales
AED 2,003 per sq ftAED 2,791 per sq ft
This project AED 5,633 per sq ft, above every sale
Half of the sales sold for AED 2,226 to AED 2,395 per sq ft
The median is the middle sale: half sold for less, half for more.
Show as tableShow as chart
Price per sq ft
Sales
AED 2,003 to AED 2,102 per sq ft
3
AED 2,102 to AED 2,200 per sq ft
2
AED 2,200 to AED 2,299 per sq ft
7
AED 2,299 to AED 2,397 per sq ft
7
AED 2,397 to AED 2,496 per sq ft
1
AED 2,496 to AED 2,594 per sq ft
3
AED 2,594 to AED 2,693 per sq ft
0
AED 2,693 to AED 2,791 per sq ft
2
The 3 closest sales
Picked from the 25 similar sales above, closest in size to this project's smallest home.
Jul 2026AED 2,000,777AED 2,791 per sq ftAvenue Park Towers - A, 717 sq ft
May 2026AED 1,716,777AED 2,395 per sq ftAvenue Park Towers - A, 717 sq ft
Dec 2025AED 1,598,777AED 2,230 per sq ftAvenue Park Towers - A, 717 sq ft
Sale prices from Dubai Land Department, Oct 20, 2025 to Oct 19, 2026. Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Al Kifaf in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
1-bed apartmentFrom AED 4,039,000 here
Off-plan medianAED 1,901,000AED 2,335 per sq ft
Sales33
Check the from price
2-bed apartment
Off-plan medianAED 2,582,000AED 2,202 per sq ft
Sales117
3-bed apartment
Off-plan medianAED 3,996,000AED 2,355 per sq ft
Sales69
4-bed apartment
Off-plan medianToo few sales for a median
Sales2
Sale prices from Dubai Land Department, Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from price
2.7%
Typical for similar ready homes
6%
Median rent of 1-bed apartments in Al Kifaf
AED 110,000 a year
Rent contracts counted
161
Rented between
Apr 1, 2025 and Mar 31, 2026
1-bed apartment
AED 110,000 a year
2-bed apartment
AED 160,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 110,000 ÷ AED 4,039,000 = 2.7%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
On your doorstep
Max Metro Station (formerly Al Jafiliya)100 m, 2 min walkMetro station
La Mer Beach3.4 km, 10 min driveBeach
La Mer seafront4 km, 10 min driveWaterfront
Ambassador school (manhol)1.4 km, 6 min driveSchool
GEMS Winchester School2.3 km, 8 min driveBritish school
New academy school2.1 km, 6 min driveAmerican school
Jumeirah Baccalaureate School3.7 km, 11 min driveIB school
The Indian High School2.4 km, 7 min driveIndian school
Al Hana Centre1.3 km, 3 min driveMall
DHA central service complex400 m, 7 min walkHospital
Dubai World Trade Centre1.2 km, 6 min driveOffices
Dubai Creek Golf and Yacht Club4.5 km, 9 min driveGolf
Avenue Park Towers is a Wasl project in Bur Dubai with one- to four-bedroom homes from AED 4,039,000; the listed handover is September 2029. The listing gives the homes as leasehold, not freehold, so check the lease term before you pay.
Ownership is the key point here. The listing gives the tenure as leasehold, so ask Wasl how long the lease runs and what happens when it ends.
The plan is 5% on booking, 55% during construction and 40% at handover. At the from price that is AED 201,950 to book, then AED 2,221,450 during the build and AED 1,615,600 at handover. The listed handover is September 2029, nearly three years away. Separately, the 4% DLD fee comes to AED 161,560; ask when it is due.
The developer lists one-, two- and three-bedroom apartments and three- and four-bedroom duplexes. One-bedroom homes are about 717 sq ft, two-bedroom about 1,133 sq ft and three-bedroom about 1,742 sq ft. The four-bedroom layout is given as 4,490 sq ft, but the size range stops at 4,447 sq ft, so confirm the exact area. Residents get a gym with sauna, a pool and a children's pool, a kids' play area, barbecue stations, EV charging, a family entertainment room and 24-hour security.
The project is part of Wasl 1, with views of Zabeel Park. Max Metro Station (formerly Al Jafiliya) is about 80 m away and Dubai World Trade Centre about 1.2 km. GEMS Winchester School is about 2.3 km away. La Mer Beach is about 3.4 km, around 10 minutes by car by our estimate.
The developer's plans. Sizes and layouts can change; ask us for the plan of the exact unit you're looking at.
1 BR
2 BR
3 BR
4 BR
How prices moved
Median price of 1-bed apartments in Al Kifaf, over the 12 months to each dateUp 2% from Dec 2024 to Sep 2026.
Dec 2024AED 2,296 per sq ft
Sep 2026AED 2,335 per sq ft
Show as tableShow as chart
12 months to
Median price
Sales
Sep 2026
AED 2,335 per sq ft
33 sales
Jun 2026
AED 2,308 per sq ft
84 sales
Mar 2026
AED 2,311 per sq ft
94 sales
Dec 2025
AED 2,302 per sq ft
104 sales
Sep 2025
AED 2,295 per sq ft
130 sales
Jun 2025
AED 2,293 per sq ft
96 sales
Mar 2025
AED 2,293 per sq ft
84 sales
Dec 2024
AED 2,296 per sq ft
73 sales
Off-plan sales registered with the Dubai Land Department.
Questions about this project
Can foreigners buy here?
The listing gives the ownership as leasehold, not freehold. Confirm the ownership terms with the developer, including the lease length, before you book.
What are the payments at the from price?
AED 201,950 on booking, AED 2,221,450 during construction and AED 1,615,600 at handover, which adds up to AED 4,039,000. Separately, the 4% DLD fee comes to AED 161,560; ask when it is due.
Which home types are available?
One- to three-bedroom apartments from about 717 sq ft, and three- and four-bedroom duplexes. Confirm the four-bedroom size, as the listing gives two figures.
When is handover?
The listed handover is September 2029. Ask Wasl for a construction update before you book.
How close is the metro?
Max Metro Station (formerly Al Jafiliya) is about 80 m away.
