Silena Residences

1. Is it on schedule?0% built in July 2026 against a May 2028 handover: 100% left to build in 22 months · DLD project register, Jul 20260%Context
2. Is my money protected?Payments go to an escrow account at بنك دبي الاسلامي (شركة مساهمة عامة), as registered with the Land DepartmentEscrowContext
3. Is the price fair?AED 3,572/sqft, 29.6% above the Dubai Islands off-plan median across 112 projects+29.6%Context
4. Is it selling?80 off-plan sales registered in the last 12 months, of 137 units; the latest on 4 Jun 202680Context
5. Who is building it?Avenew, licence no. 1511Context

Sizes run from the 10th to the 90th percentile of registered floor area, so one mislabelled unit cannot set the range. A title is issued at handover: a live project shows few or none however many units have sold, and an untitled unit is not necessarily for sale.

Escrow agent

بنك دبي الاسلامي (شركة مساهمة عامة)

Developer, as licensed

AVENEW REAL ESTATE DEVELOPMENT L.L.C (no. 1511)

Master developer

Nakheel

Registered start

December 2025

Configuration

-Residential Building A comprising of 92 Residential units (1BHK=48, 2BHK=31, 3BHK=5, Penthouse Quadruplex 3BHK=3, Penthouse Simplex 4BHK=1, Penthouse Duplex 3BHK=2 and Penthouse Duplex 4BHK=2). Residential Building B comprising of 45 Residential units (1BHK=18, 2BHK=11, 3BHK=10, Penthouse Duplex 5BHK=1, Penthouse Duplex 3BHK=4 and Penthouse Duplex 4BHK=1).

Construction progress is the percentage DLD recorded in its project register as of July 2026, the latest DLD record for this project; the register lags DLD’s inspections by months, so it is dated separately. The developer is the company licensed to build it, by the register’s own licence number; the master developer owns the land under it and is often another company entirely. Off-plan price is the median of registered off-plan sales across this project’s published buildings, 12 months to 12 Oct 2026.

When will Silena Residences be completed?

The developer registered handover for May 2028, 22 months after DLD’s latest record, and the project was 0% built as of July 2026. A registered date is the developer’s own, not a delivery forecast. Dubai Land Department project register as of July 2026.

What does Silena Residences cost per square foot?

AED 3,572 per sqft, the median of 80 registered off-plan sales in the 12 months to 12 Oct 2026; the median unit sold for AED 4.16M. That is 29.6% above the Dubai Islands off-plan median across 112 projects.

Is Silena Residences in escrow?

Yes: the Land Department register names بنك دبي الاسلامي (شركة مساهمة عامة) as the project’s escrow agent, the bank that holds buyers’ payments for the developer. Dubai Land Department project register as of July 2026.

Who is the developer of Silena Residences?

AVENEW REAL ESTATE DEVELOPMENT L.L.C, licence no. 1511, by the register’s own licence number; the master developer that owns the land is Nakheel. Dubai Land Department project register as of July 2026.

How many units does Silena Residences have?

137 registered units, of which 0 have a title issued. A title is issued at handover, so a live project shows few or none however many units have sold. Dubai Land Department project register as of July 2026.