New homes in Rena by AVENEW Development start at AED 2,500,000; keys are due Jun 2027; you pay 10% to book, 50% while it is built and 40% at the keys.
In the 12 months to Oct 19, 2026, Dubai Land Department recorded 1,663 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Dubai Islands. Their median price is AED 2,834 per sq ft (about AED 2,520,000 at 889 sq ft). This project's from price is AED 2,812 per sq ft (AED 2,500,000 for its smallest home, 889 sq ft), 1% less.
Keys
Jun 2027
The developer's handover date
Payment plan
10 / 50 / 40
10% to book, 50% while it is built, 40% at the keys
Bedrooms
1 to 3 beds
Sizes
889 to 33,126 sq ft
Ownership
Freehold
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 2,812 per sq ft
Similar off-plan homes: AED 2,834 per sq ft
RERA project
3447
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
May 2027
DLD shows only the current date, so we can't tell whether it has moved before.
Escrow account
بنك دبي الاسلامي (شركة مساهمة عامة)
The bank that holds your payments
Registered homes
64
In 1 buildings
Paying for it
You pay 10% when you book, 50% as the building goes up, and 40% when you get the keys.
AED
When
Stage
Share
Amount
Now
Booking
10%
AED 250,000
Jan 2027
While it is built
25%
AED 625,000
Apr 2027
While it is built
25%
AED 625,000
Jun 2027
Keys
40%
AED 1,000,000
Booking payment, 10%
AED 250,000
Dubai Land Department fee (Oqood), 4%
AED 100,000
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 350,000
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 Avenew Development 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 1,663 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Dubai Islands, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Too few similar homes in Rena sold in 24 months, so we compare with off-plan sales across Dubai Islands.
Dubai Land Department recorded 1,663 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Dubai Islands, 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 2,834 per sq ft
AED 1,519 to AED 1,844 per sq ft
21 sales
AED 1,844 to AED 2,170 per sq ft
127 sales
AED 2,170 to AED 2,495 per sq ft
270 sales
AED 2,495 to AED 2,820 per sq ft
390 sales
This project's from price is in this band.
AED 2,820 to AED 3,146 per sq ft
456 sales
AED 3,146 to AED 3,471 per sq ft
221 sales
AED 3,471 to AED 3,797 per sq ft
140 sales
AED 3,797 to AED 4,122 per sq ft
38 sales
AED 1,519 per sq ftAED 4,122 per sq ft
This project AED 2,812 per sq ft
Half of the sales sold for AED 2,495 to AED 3,127 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 1,519 to AED 1,844 per sq ft
21
AED 1,844 to AED 2,170 per sq ft
127
AED 2,170 to AED 2,495 per sq ft
270
AED 2,495 to AED 2,820 per sq ft
390
AED 2,820 to AED 3,146 per sq ft
456
AED 3,146 to AED 3,471 per sq ft
221
AED 3,471 to AED 3,797 per sq ft
140
AED 3,797 to AED 4,122 per sq ft
38
The 3 closest sales
Picked from the 1,663 similar sales above, closest in size to this project's smallest home.
Nov 2025AED 1,755,301AED 1,974 per sq ftNuvana by Wadan, 889 sq ft
Aug 2026AED 2,136,971AED 2,403 per sq ftSeacliff by Imtiaz, 889 sq ft
Oct 2026AED 2,094,451AED 2,355 per sq ftSeacliff by Imtiaz, 890 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 Dubai Islands 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 2,500,000 here
Off-plan medianAED 2,334,000AED 2,781 per sq ft
Sales2,196
1% below 1,663 similar sales
2-bed apartment
Off-plan medianAED 3,499,000AED 2,716 per sq ft
Sales1,972
3-bed apartment
Off-plan medianAED 5,593,000AED 2,829 per sq ft
Sales576
Sale prices from Dubai Land Department, Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
On your doorstep
Gold Souq Metro Station2.9 km, 8 min driveMetro station
Deira Islands Beach1.5 km, 5 min driveBeach
Amna Bint Wahab Secondary Girls School2.1 km, 9 min driveSchool
Queen international school3.7 km, 13 min driveBritish school
Al Ittihad Private School2.9 km, 14 min driveAmerican school
The Elite English School2.7 km, 11 min driveIndian school
Waterfront Market1.1 km, 17 min walkMall
Dubai Hospital1.7 km, 3 min driveHospital
Dubai World Trade Centre8.8 km, 17 min driveOffices
Rena by AVENEW Development is a seven-floor Avenew Development building in Dubai Islands with one to three-bedroom apartments from AED 2,500,000 and a listed handover of June 2027. Its from price is about 0.8% below 1,663 similar one-bedroom sales in Dubai Islands (12 months to October 2026).
Rena's from price is about 0.8% below 1,663 similar one-bedroom sales in Dubai Islands (12 months to October 2026), as listed by the Dubai Land Department. These sales are across the area, so compare the floor, view and size of the unit you are offered.
You pay 10% on booking, 50% during construction and 40% at handover. At the from price that is AED 250,000, AED 1,250,000 and AED 1,000,000. The listed handover is June 2027, about seven months away, so ask when each part of the 50% construction payment falls due. Separately, the 4% DLD fee comes to AED 100,000; ask when it is due.
The developer gives about 898 sq ft for one bedroom, 2,362 sq ft for two and 2,393 sq ft for three. The developer also mentions penthouses, so check the floor plans. The building has seven floors, and the listing calls it beachfront. Residents share a gym, a pool, a children's pool and play area and covered parking, and kitchens come with built-in appliances.
Deira Islands Beach is about 1.5 km away, around 5 minutes by car, and Dubai Hospital about 1.7 km. Gold Souq Metro Station is about 2.9 km away, around 8 minutes by car. Dubai Creek Golf and Yacht Club is about 13 minutes by car and Dubai World Trade Centre about 17 minutes.
