Avenew 888 Loom
by Avenew Development · 📍 Dubai South
Price from
AED 900,000
Avenew 888 Loom is a project by Avenew Development in Dubai South, Dubai. Prices start from AED 900,000. It offers 1 Bedroom, 2 Bedroom and 3 Bedroom. Avenew Development states handover in March 2028. It was 2% built at the official RERA site inspection of 13 October 2026.
Official brochure
Full unit layouts & floor plans are inside the brochure. Source: independent listing source.
About the project
LOOM will be an upcoming phase of Avenew 888 in Dubai South, offering a thoughtfully planned residential environment with open spaces and landscaped surroundings. The off-plan project by Avenew Development will feature a collection of residences designed to maximise light, air and visual connections. The community will focus on wellness, convenience and social engagement, with amenities including co-working spaces, social hubs, outdoor areas, yoga and Pilates studios, refreshing pools, energising fitness zones, relaxing green spaces, and pet-friendly facilities. The development will be connected to major roads, providing residents with easy access to Dubai South and seamless links to the wider city.
Construction progress
1.63% complete at the latest RERA site inspection on 13 Oct 2026; scheduled completion 31 Mar 2028.
Project register as of 15 Oct 2026.
| Inspection | Complete | Photos |
|---|---|---|
| 13 Oct 2026 | 1.63% | 3 |
| 30 Jul 2026 | 0.04% | 3 |
| 16 Dec 2025 | 0% | 2 |
Escrow account 001582228276401 at Dubai Islamic Bank (Public Joint Stock Company). Payments for units in this project go into this account.
Official RERA site-inspection records for registered project #4293, updated daily. Tap a photo for the full-size original.
Amenities
How it compares in Dubai South
50 other off-plan projects in Dubai South · average entry price AED 3.51M · this project is 74% below that average
Avenew 888 Loom: questions and answers
What is the starting price of Avenew 888 Loom?
Prices at Avenew 888 Loom start from AED 900,000, for homes from 1,083 sqft (101 m²), as published by Avenew Development.
What is the payment plan for Avenew 888 Loom?
The payment plan published by Avenew Development for Avenew 888 Loom is: 10% down, 40% pre-handover, 50% handover.
When is the handover of Avenew 888 Loom?
Avenew Development states handover of Avenew 888 Loom in March 2028. The Dubai Land Department project register lists the completion date of the project as March 2028.
How much of Avenew 888 Loom is built?
Avenew 888 Loom was 2% complete at the official RERA site inspection of 13 October 2026.
Is Avenew 888 Loom registered with the Dubai Land Department?
Yes. Avenew 888 Loom is registered with the Dubai Land Department as project number 4293, and its escrow account is held at Dubai Islamic Bank (Public Joint Stock Company). By law, buyers' payments for an off-plan home in Dubai go into the project's escrow account.
Who is the developer of Avenew 888 Loom?
Avenew 888 Loom is developed by Avenew Development. The Dubai Land Department project register lists 7 projects for Avenew Development, all under construction.
Where is Avenew 888 Loom located?
Avenew 888 Loom is in Dubai South (Residential District), Dubai.
What unit types does Avenew 888 Loom offer?
Avenew 888 Loom offers 1 Bedroom, 2 Bedroom and 3 Bedroom, with sizes from 1,083 sqft (101 m²). The project has 661 units in the Dubai Land Department project register.
How does Avenew 888 Loom compare with other off-plan projects in Dubai South?
The starting price of Avenew 888 Loom (AED 900,000) is 74% below the average starting price of 17 other off-plan projects in Dubai South, which is AED 3.51M.
What is the average price per sqft in Dubai South?
Apartments in Dubai South sell for about AED 1,368/sqft (AED 14,724/m²), based on 51 registered sales in the last 24 months.
What rental yield can I expect in Dubai South?
Apartments in Dubai South yield about 5.5% gross, or about 4.6% net after service charges, based on 432 registered rent contracts and 51 sales in the last 24 months.
What are the service charges in Dubai South?
Service charges for apartments in Dubai South are about AED 11.95/sqft (AED 129/m²) a year, per an independent third-party source. The exact rate depends on the building, so confirm it with the developer before buying.
What amenities does Avenew 888 Loom have?
Avenew 888 Loom lists these amenities: Gym or Health Club, Kids Play Area, Lobby in Building and Swimming Pool.
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Source: live new-projects feed. Prices are "starting from" figures where published. Always verify with the developer before transacting. Project details last checked on 13 Oct 2026.