AVENEW888 - Modo

1. Is it on schedule?0% built in July 2026 against a March 2028 handover: 100% left to build in 20 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 1,344/sqft, 18.9% below the Dubai South off-plan median across 79 projects-18.9%Context
4. Is it selling?89 off-plan sales registered in the last 12 months, of 217 units; the latest on 12 Oct 202689Context
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)

Registered start

November 2025

Configuration

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

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 AVENEW888 - Modo be completed?

The developer registered handover for March 2028, 20 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 AVENEW888 - Modo cost per square foot?

AED 1,344 per sqft, the median of 89 registered off-plan sales in the 12 months to 12 Oct 2026; the median unit sold for AED 1.43M. That is 18.9% below the Dubai South off-plan median across 79 projects.

Is AVENEW888 - Modo 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 AVENEW888 - Modo?

AVENEW REAL ESTATE DEVELOPMENT L.L.C, licence no. 1511, by the register’s own licence number. Dubai Land Department project register as of July 2026.

How many units does AVENEW888 - Modo have?

217 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.