Palm Jumeirah AED 3,524/sqftDubai Maritime City AED 3,152/sqftDowntown Dubai AED 2,905/sqftDubai Islands AED 2,770/sqftDubai Creek Harbour AED 2,563/sqftBusiness Bay AED 2,509/sqftDubai Marina AED 2,481/sqftDubai Hills Estate AED 2,448/sqftJumeirah Lakes Towers AED 2,306/sqftMohammed Bin Rashid City AED 2,097/sqftAl Jaddaf AED 2,049/sqftJumeirah Village Triangle AED 1,665/sqftDubai South AED 1,652/sqftArjan AED 1,584/sqftJumeirah Village Circle AED 1,491/sqftDubai Sports City AED 1,328/sqftALL DLD SALES · OFF-PLAN + EXISTINGPalm Jumeirah AED 3,524/sqftDubai Maritime City AED 3,152/sqftDowntown Dubai AED 2,905/sqftDubai Islands AED 2,770/sqftDubai Creek Harbour AED 2,563/sqftBusiness Bay AED 2,509/sqftDubai Marina AED 2,481/sqftDubai Hills Estate AED 2,448/sqftJumeirah Lakes Towers AED 2,306/sqftMohammed Bin Rashid City AED 2,097/sqftAl Jaddaf AED 2,049/sqftJumeirah Village Triangle AED 1,665/sqftDubai South AED 1,652/sqftArjan AED 1,584/sqftJumeirah Village Circle AED 1,491/sqftDubai Sports City AED 1,328/sqftALL DLD SALES · OFF-PLAN + EXISTING
DLD · MEDIAN 12M TO OCT 2026

Dubai Land Department register

Avenew888 - Modo

Under constructionDubai South Residential DistrictCompletion on file Mar 2028

224 homes on the DLD register in Madinat Al Mataar, filed by Avenew Real Estate Development L.L.C. 182 sales have been registered against it between 30 Dec 2024 and 3 Jul 2026.

Construction completeUnder construction

Recorded at DLD's site inspection of 27 Aug 2026. That is an inspector's last visit, not today — the site has moved on since.

Developer entityAvenew Real Estate Development L.L.C
Area (DLD)Madinat Al Mataar
StatusUnder construction
Homes224
Registered sales182
Project registry

THE DLD RECORD

Registry as at 4 Oct 2026
Registered developer entityAvenew Real Estate Development L.L.C
Area (DLD)Madinat Al Mataar
Master communityDubai South Residential District
Project statusUnder construction
Construction progress15.48% complete (DLD inspection, 27 Aug 2026)
Homes registered224
Buildings1
Registered start15 Nov 2025
Registered completion date15 Mar 2028
DLD project number3828
Description as recorded by DLD

B+G+P+10+R Commercial & Residential Building Composed of 217 Residential Units: - 7 Commercial Shops - 59 1BHK - 105 2BHK with 12 Units Duplex - 53 3BHK with 11 Units Duplex

Reproduced from the register verbatim, including its own abbreviations. It is the developer’s filed description, not our assessment of the project.

Project escrow account
Escrow trustee bankDubai Islamic Bank (Public Joint Stock Company)
Escrow account001582187156701

Under Dubai Law No. 8 of 2007 every payment on a registered off-plan project goes into that project’s escrow account, held at a DLD-approved trustee bank and released to the developer against verified construction progress — not to the developer direct and not to a broker. Check these details in DLD’s own Dubai REST app against the project number above before you transfer anything, and treat any account number that differs from the one DLD shows as a reason to stop. Substituted account details are a known fraud in this market. Reproduced from the DLD register as at 4 Oct 2026; account details can change, and DLD’s record is the authority, not this page.

Source: Dubai Land Department project register. The developer, area, counts and filed dates are as recorded at 4 Oct 2026; the project status and escrow details as at 4 Oct 2026. Construction progress carries the date of the DLD site inspection that produced it, which is a different date again and is stated on the row — where the register holds no dated inspection, no percentage is published rather than an undated one. “Registered completion date” is the completion date on file at DLD; it is a date on record, not a guarantee of handover, and where that date has already passed it means only that the register has not been updated, not that the project handed over. Homes counted as registered apartments plus registered villas. Figures on this panel are the registry’s, and are stated as at different dates from the transaction figures elsewhere on the page. Registered completion: Mar 2028.

Registered sales

REGISTERED SALE PRICES

DLD register · as at 5 Oct 2026

182 sales were registered against Avenew888 - Modo between 30 Dec 2024 and 3 Jul 2026 — a span of 19 months. Those are completed registrations at the Dubai Land Department, not asking prices or listings.

Median AED/sqft
1,321
Across 130 apartment and villa sales since 28 Apr 2025
Median price
AED 1.31m
Median size 976 sqft
Registered sales
182
30 Dec 2024 to 3 Jul 2026
Vs area median
-21.9%
Madinat Al Mataar: 1,692 AED/sqft, 12,969 sales, off-plan only, 12 months to 5 Oct 2026

The two figures behind that percentage are not drawn on the same population. This project’s median covers every registration type across the whole register we hold (28 Apr 2025 to 5 Oct 2026). The area figure covers off-plan only in Madinat Al Mataar over the 12 months to 5 Oct 2026, pooled on the transaction register’s own area name, which does not always match the project register’s name shown above. Unit mix, floor level and view are not controlled for on either side, and neither is use class: DLD registers offices and shops as units, so registered retail and office sales are pooled into both figures, and retail trades at a materially higher rate per square foot than residential stock in the same building. In sectors where commercial space is a large share of what registers, the area figure sits well above the residential rate. Read it as an indication of where this project sits in its area, not as a like-for-like comparison.

Median AED/sqft by quarter
1,257Q3 2025n=601,356Q4 2025n=341,446Q1 2026n=221,320Q2 2026n=131,219Q3 2026n=1

Q3 2025 median 1,257 AED/sqft over 60 sales; Q1 2026 median 1,446 AED/sqft over 22 sales — a change of +15.0% between those two quarters. Unit mix, floor level and view are not controlled for, so this is not a like-for-like comparison of the same unit.

A quarter with fewer than 20 registered sales is drawn hollow, with its sale count underneath. The change between quarters is quoted only between quarters that reached 20. Points are spaced evenly rather than by date.

By unit size
TypeSalesMedian sizeMedian AED/sqft
1 bedroom39636 sqft1,246
2 bedrooms68985 sqft1,332
3 bedrooms231,291 sqft1,463

Every band shows its median with its sale count. A band with fewer than 5 registered sales is shown in a lighter tone: read it as those sales, not as the rate for that unit type.

Registration timing
Registration typeSalesMedian AED/sqft
Registered before completion1301,321
Registered after completion0—

DLD splits registrations by timing: an off-plan registration is entered before the unit legally completes, an existing registration after. Where both appear, the gap between them reflects that difference as much as any movement in value. A side with fewer than 5 registered sales is shown in a lighter tone: read it as those sales, not as a rate.

Buildings in the register
BuildingSales
AVENEW888 - MODO115
The last 12 registrations to 5 Oct 2026
DateTypeUnitSizePriceAED/sqft
3 Jul 2026Off-plan3 bedrooms1,389 sqftAED 1,692,3231,219
26 Jun 2026Off-plan3 bedrooms1,291 sqftAED 1,852,2001,435
4 Jun 2026Off-plan3 bedrooms1,291 sqftAED 1,852,2001,435
4 Jun 2026Off-plan3 bedrooms1,261 sqftAED 1,718,9201,363
2 Jun 2026Off-plan2 bedrooms968 sqftAED 1,176,3001,215
1 Jun 2026Off-plan3 bedrooms1,674 sqftAED 2,093,1621,251
4 May 2026Off-plan1 bedroom767 sqftAED 967,0001,260
1 May 2026Off-plan2 bedrooms985 sqftAED 1,400,0001,422
1 May 2026Off-plan1 bedroom643 sqftAED 798,0001,240
27 Apr 2026Off-plan1 bedroom704 sqftAED 848,0001,205
24 Apr 2026Off-plan3 bedrooms1,283 sqftAED 2,000,0001,559
22 Apr 2026Off-plan2 bedrooms969 sqftAED 1,279,0001,320

Basis: Dubai Land Department transaction register, arm’s-length sales of units and villas only. Gifts, mortgage registrations, zero-price rows, land plots and whole-building transfers are excluded, as are AED/sqft values outside 100–20,000. Figures are medians, not averages. The medians, trend and quarterly table above are drawn on the part of the register we hold in full detail, which runs from 28 Apr 2025 to 5 Oct 2026; 28 Apr 2025 is the earliest date there, not the date this project started selling. The sale count and date span in the opening sentence cover all registered history to 2 Oct 2026, from the transaction feed below. This page is a dated extract taken on 6 Oct 2026, not a live query. Past registered prices are evidence of what has been paid, not a forecast of future value.

Transaction history

ALL REGISTERED SALES

DLD register · to 2 Oct 2026
Median AED/sqft, last 6 months, apartments and villas
1,320
Across 13 registered sales to 2 Oct 2026
Registered sales, all time
182
30 Dec 2024 to 3 Jul 2026
The latest 25 of 182 sales, newest first
DateProperty typeBedroomsArea (sq ft)Price (AED)AED per sq ft
3 Jul 2026Flat3 B/R1,3891,692,3221,219
29 Jun 2026Flat3 B/R1,2911,852,2001,435
4 Jun 2026Flat3 B/R1,2911,852,2001,435
4 Jun 2026Flat3 B/R1,2611,718,9201,363
3 Jun 2026Flat2 B/R9681,176,3001,215
2 Jun 2026Flat3 B/R1,6742,093,1621,251
4 May 2026Flat1 B/R767967,0001,260
4 May 2026Flat2 B/R9851,400,0001,422
1 May 2026Flat1 B/R643798,0001,240
28 Apr 2026Flat1 B/R704848,0001,205
27 Apr 2026Flat3 B/R1,2832,000,0001,559
22 Apr 2026Flat2 B/R9691,279,0001,320
14 Apr 2026Flat3 B/R1,2832,000,0001,559
2 Apr 2026Flat3 B/R1,7962,263,3801,260
24 Mar 2026Flat2 B/R9751,179,0001,209
24 Mar 2026Flat2 B/R9851,476,0001,499
12 Mar 2026Flat3 B/R1,2811,880,8801,468
12 Mar 2026Flat3 B/R1,2611,823,7801,446
12 Mar 2026Flat3 B/R1,3852,067,5401,493
12 Mar 2026Flat2 B/R9831,292,0001,315
12 Mar 2026Flat2 B/R9751,282,0001,314
11 Mar 2026Flat2 B/R9851,470,0001,493
11 Mar 2026Flat3 B/R1,2911,898,0001,470
5 Mar 2026Flat2 B/R9751,294,0001,327
17 Feb 2026Flat2 B/R9991,331,0001,332

Source: Dubai Land Department sales register, every registered sale held against this project, as at 2 Oct 2026. The count is every registered sale, of any property type, over the project’s whole history. The median is a separate measure: it covers the 6 months to that date and uses only apartment and villa sales in that period that carry a price and an area. Offices, shops, land and other non-residential sales are listed above but never enter it. Areas are DLD’s square metres converted to square feet.

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ASK US ABOUT AVENEW888 - MODO

This page is the public register — the project record as at 4 Oct 2026, and the transaction register to 5 Oct 2026.

  • AVAILABILITY

    On the register

    224 homes

    From the DLD project record as at 4 Oct 2026, filed at status “Under construction” as at 4 Oct 2026.

    Not on the register

    What is available now

  • PRICE

    On the register

    182 registered sales

    Prices already paid, registered between 30 Dec 2024 and 3 Jul 2026.

    Not on the register

    At what price

  • PAYMENT TERMS

    On the register

    —

    The DLD project register carries no payment-plan data of any kind.

    Not on the register

    On what payment terms

  • THE SPECIFIC UNIT

    On the register

    12 recent registrations

    Listed above with date, size, price and AED per square foot.

    Not on the register

    How the specific unit compares with the ones already registered

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