Avenew Development

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About Avenew Development

Avenew Development is redefining luxury living in Dubai with exclusive, beachfront residences that blend modern elegance and coastal serenity. Renowned for Avenew Development for Sale in Dubai, this visionary developer creates boutique homes on the prestigious Dubai Islands, offering a lifestyle of sophistication and comfort. With projects like Rena, Avenew Development Properties for Sale deliver unmatched investment potential and vibrant living, making them a premier choice in Dubai’s thriving real estate market.

Who is Avenew Development?

Founded in 2024, Avenew Development is a Dubai-based real estate developer co-founded by Rasha Hassan, dedicated to crafting boutique residential communities. Headquartered in Dubai, Avenew combines cutting-edge technology, art-inspired design, and personalized luxury to elevate everyday living. Its flagship project, Rena on Dubai Islands, showcases a commitment to exclusivity, sustainability, and coastal elegance, positioning Avenew as a rising star in Dubai’s competitive real estate landscape.

Why Invest in Avenew Development?

Investing in Avenew Development offers compelling benefits for homebuyers and investors:

  • Boutique Luxury: Apartments start at AED 2.5M (USD 681K), offering exclusive residences with premium finishes and sea views.

  • Prime Location: Dubai Islands provides 6-8% ROI, with connectivity to Downtown Dubai (20 mins) and DXB Airport (20 mins).

  • High ROI Potential: Dubai’s AED 142.7B Q1 2025 market growth supports rental yields of AED 150K-250K (USD 41K-68K) annually.

  • Exclusive Design: Boutique projects with only 64 units ensure rarity and high demand, with smart home systems and beach access.

  • Flexible Payment Plans: A 60/40 plan with a 10% down payment, compliant with DLD regulations, eases financial commitments.

  • Premium Amenities: Rooftop pools, gyms, and direct beach access enhance lifestyle and property value.

  • Trusted Security: RERA-regulated escrow accounts safeguard off-plan investments, with purchases over AED 2M qualifying for a 10-year UAE Golden Visa.

  • Market Growth: Dubai Islands’ status as a luxury destination drives strong capital appreciation, ideal for long-term investment.

Avenew Development Apartments for Sale

Avenew Development Apartments for Sale are designed for modern buyers seeking exclusivity and coastal living. The flagship project includes:

  • Rena (Dubai Islands): Off-plan 7-storey complex with 1-3 bedroom apartments (898-2,000 sq. ft., starting at AED 2.5M, USD 681K). Features private balconies, smart home systems, and stunning sea views. Completion in Q2 2027, with 6-8% ROI and rentals of AED 150K-200K (USD 41K-54K) annually. Offers direct beach access and a rooftop pool.

These apartments capitalize on Dubai Islands’ growing demand, offering proximity to malls like City Centre Deira and schools like The Elite English School, ensuring high rental yields and lifestyle appeal.

Avenew Development Townhouses for Sale

Avenew Development Townhouses for Sale offer spacious, modern living for families and professionals. Available in:

  • Rena (Dubai Islands): Off-plan 2-bedroom duplex townhouses (2,000-2,500 sq. ft., starting at AED 3.5M, USD 953K). Includes private balconies, laundry rooms, and sea views, with 6-8% ROI and rentals up to AED 220K (USD 60K) annually. Completion in Q2 2027, with direct beach access and resort-style amenities.

These townhouses provide a blend of urban convenience and beachfront tranquility, ideal for Dubai Islands’ luxury market.

Avenew Development Penthouses for Sale

Avenew Development Penthouses for Sale cater to high-net-worth buyers seeking unparalleled exclusivity. Available in:

  • Rena (Dubai Islands): Off-plan single 2-bedroom penthouse (3,312 sq. ft., starting at AED 5M, USD 1.36M). Features expansive terraces, premium finishes, and panoramic sea views, with 6-8% ROI and rentals up to AED 250K (USD 68K) annually. Completion in Q2 2027, with access to a rooftop pool and beachfront.

This exclusive penthouse offers bespoke luxury, appealing to investors in Dubai’s premium waterfront market.

Off-Plan Projects by Avenew Development

Off-Plan Projects by Avenew Development offer early-bird pricing and high appreciation potential. The current development includes:

  • Rena (Dubai Islands): 1-3 bedroom apartments, 2-bedroom duplex townhouses, and one 2-bedroom penthouse (starting at AED 2.5M, USD 681K) with a 60/40 payment plan (10% down payment). Features smart technology, a rooftop pool, and direct beach access. Completion in Q2 2027, with 6-8% ROI and rentals up to AED 250K (USD 68K) annually. Limited to 64 units, ensuring exclusivity.

This project leverages Dubai Islands’ luxury appeal, with escrow accounts ensuring security and strong market demand driving value growth.

Why Choose Avenew Development?

Avenew Development stands out in Dubai’s real estate market for its unique strengths:

  • Boutique Exclusivity: Limited-unit projects like Rena (64 residences) ensure rarity and high demand.

  • Coastal Elegance: Direct beach access and sea views create a premium waterfront lifestyle.

  • Innovative Design: Art-inspired architecture and smart home technology elevate living standards.

  • Trusted Vision: Co-founder Rasha Hassan’s leadership drives quality and innovation.

Note: Buyers should verify escrow accounts for Rena to ensure financial security, per RERA regulations. Limited units and high demand suggest early booking to secure residences.

How to Buy Property by Avenew Development?

Purchasing an Avenew Development property is seamless and investor-friendly:

  1. Explore Projects: Browse Avenew Development Properties for Sale, such as Rena on Dubai Islands.

  2. Select a Payment Plan: Choose the 60/40 plan with a 10% down payment, compliant with DLD and RERA regulations.

  3. Pay Booking Fee: Secure your unit with a deposit (typically 10%).

  4. Sign the SPA: Finalize the Sales Purchase Agreement with Avenew’s team, ensuring escrow details.

  5. Complete Payments: Follow the payment schedule and receive your property upon handover (Q2 2027 for Rena).

Contact Eplog today to speak with one of our experts who can assist you in finding the ideal location and streamline the process of purchasing a property for sale from Avenew Development.



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Frequently Asked Questions & Answers

Avenew Development, founded in 2024 by Rasha Hassan, is a Dubai-based developer known for boutique, luxury residences on Dubai Islands. Its popularity stems from the exclusive Rena project, offering beachfront living, smart technology, and only 64 units, appealing to buyers seeking rarity and elegance.

Avenew Development Properties for Sale offer 6-8% ROI, flexible 60/40 payment plans, and rentals up to AED 250K (USD 68K) annually. With RERA-regulated escrow accounts and Dubai Islands’ luxury appeal, they ensure secure, high-value investments in a growing market.


Avenew offers 1-3 bedroom apartments, 2-bedroom duplex townhouses, and one 2-bedroom penthouse in Rena. Featuring smart home systems and beach access, these residences cater to modern, upscale living on Dubai Islands.


Dubai Islands, Avenew’s sole location, offers 6-8% ROI, 20 mins from Downtown Dubai, with beachfront access and amenities like malls and schools. Its waterfront exclusivity makes it ideal for luxury investments.


Yes, Rena (Q2 2027) offers off-plan apartments, townhouses, and a penthouse with 6-8% ROI. Limited to 64 units and secured by escrow accounts, it capitalizes on Dubai Islands’ high demand, making it a strong investment.


Rena features direct beach access, a rooftop pool, gym, smart home systems, and sea-view balconies, creating an exclusive, resort-style lifestyle on Dubai Islands, perfect for modern, upscale living.


Yes, Avenew welcomes foreign buyers in Dubai Islands’ freehold areas. Investments over AED 2M qualify for a 10-year UAE Golden Visa, with no minimum down payment required as of 2025, simplifying the process.


List of Off-Plan Projects by Avenew Development

Discover the top off-plan projects by Avenew Development in Dubai with our curated list of off-plan developments. Explore the best off-plan properties by Avenew Development and seize the opportunity to invest in Dubai's most promising real estate ventures today!

Avenew Development Apartments for Sale

Avenew Development apartments for sale offer contemporary designs and seamless connectivity in Dubai’s most sought-after areas. From compact 1-bedroom units to spacious 4-bedroom residences, these apartments feature premium finishes, panoramic views, and access to pools, gyms, and retail centers.

Highlights: Smart home systems, 24/7 security, 6–8% rental ROI

Starting Price: USD 272,000 (AED 1M) for a 1-bedroom apartment

Best For: Professionals, couples, and investors seeking high-demand rental assets

Avenew Development Villas for Sale

Avenew Development villas for sale redefine luxury living with expansive layouts, landscaped gardens, and elegant, eco-conscious architecture. These 3 to 7-bedroom homes are ideal for families seeking comfort and long-term growth

Highlights: Private pools, smart home tech, access to parks and schools

Starting Price: USD 1.36M (AED 5M) for a 3-bedroom villa

Best For: Families and long-term investors targeting capital appreciation

No properties available in Villas for Sale

Avenew Development Townhouses for Sale

Avenew Development townhouses for sale strike a balance between style and functionality. These 3 to 5-bedroom homes ,offer modern interiors, private outdoor spaces, and convenient access to retail and dining

Highlights: Rooftop terraces, family-friendly neighborhoods, private parking

Starting Price: USD 953,000 (AED 3.5M) for a 3-bedroom townhouse

Best For: Growing families and mid-tier investors looking for high rental demand

Avenew Development Penthouses for Sale

Avenew Development penthouses for sale offer unmatched luxury with expansive floor plans, private elevators, and iconic views of Dubai’s skyline or coastline.These 4 to 6-bedroom residences cater to the ultra-wealthy

Highlights: Private terraces, concierge services, exclusive rooftop amenities

Starting Price: USD 6.8M (AED 25M) for a 4-bedroom penthouse

Best For: High-net-worth individuals and prestige investors

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