AVENEW888 - Modo rents
- 6 new leases and 23 renewals in 12 months
- 217 units
- Dubai South
A one-bed here leases for about AED 74,000 a year, 35% above the typical Dubai South one-bed.
1 bed · typical new lease
74,000AEDa year
AED 105/sqft
- A month, roughly
- AED 6,167
- vs Dubai South 1 bed
- 35% above the median
- New leases, 12 months
- 3
What should a lease in AVENEW888 - Modo cost?A one-bed leases for about AED 74,000 a year
Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the Dubai South median for the type.
Ask an agent about this rent →Rent history and contracts
Every contract registered with Ejari — data to 2026-10-12.
The typical new lease here now costs 14.1% less than a year earlier: AED 82,500 against 96,000.
Chart data, 1 bed: Oct 2022, AED 50,500; latest, Jun 2026, AED 73,150; peak, Mar 2026, AED 77,000.
29 contracts starting on or after 12 Oct 2025.
About AVENEW888 - ModoAn 11-floor tower in Dubai South
AVENEW888 - Modo is an under-construction (0% built) apartment building by Avenew in Dubai South. 29 yearly leases, new and renewed, were registered with Ejari in the last 12 months.
The building, as registered
- Floors
- 11
- Lifts
- 4
- Parking bays
- 253
- Pools
- 1
- Master developer
- Avenew
Nearest, as registered
Letting a unit in AVENEW888 - Modo?13% of units here signed a yearly lease in 12 months, above the Dubai South median; new tenants pay more than renewing ones
- Units on a yearly lease
- 13%Watch
- Dubai South median 0%; top tenth from 61%
- New tenant vs renewal
- +21.3%
- New leases AED 82,500, renewals 68,000, all types
Ejari leases to 12 Oct 2026
Thinking of selling? AVENEW888 - Modo sale prices →Comparables in Dubai South
Every Dubai South building with a page, ranked by annual rent per sqft over the same 12 months, all unit types. AVENEW888 - Modo places 3rd of 224; the nearest 6 are shown.
Rank 1 is the dearest per square foot. Differences are against AVENEW888 - Modo.
At 1 bed, AVENEW888 - Modo ranks 1st of 36 by rent per square foot in Dubai South.
Market context in Dubai South
Registered sales activity
888 ready apartment sales in the 12 months to 2026-10-12.
+7.3% in median AED/sqft versus the preceding year, supported by 888 current and 844 prior price observations.
Explore sales activityPlanned apartment projects
4,261 known registered units across 20 pending projects planned within one year of the 2026-07-06 register.
10 projects had already passed their planned date; 3 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
14,194 apartments are planned in Dubai South from 2026 to 2028, equal to 3.0 times the 4,798 homes let there today.
Ready prices per sqft fell in 9% of 22 buildings (counted once per bedroom type) in Dubai South with sales in both years; the typical one moved +7.7%.
New-lease rents fell in 6% of 17 buildings (counted once per bedroom type) with leases in both years; the typical one moved +1.7%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
Nearby in Dubai South
Prices per sq ft around AVENEW888 - Modo, on the mapPrices per sq ft around AVENEW888 - Modo, on the map
MAG 565
Dubai South · 474 contracts, 12 months
48,000
AED a year median · 93/sqft
MAG 530
Dubai South · 474 contracts, 12 months
48,000
AED a year median · 93/sqft
MAG 535
Dubai South · 474 contracts, 12 months
48,000
AED a year median · 93/sqft
MAG 545
Dubai South · 474 contracts, 12 months
48,000
AED a year median · 93/sqft
Ask about AVENEW888 - Modo
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Common questions
- What is the registered annual rent for a 1 bedroom in AVENEW888 - Modo?
- The median new annual rent is AED 74,000, from 3 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.
- How many apartments change hands in AVENEW888 - Modo?
- 11 sales were registered with the Dubai Land Department in the last 12 months, alongside 3 Ejari rental contracts. Every median on this page rests on those counts.
- What is the rental yield in AVENEW888 - Modo?
- No gross yield is published for AVENEW888 - Modo as of 2026-10-12: fewer than 5 new Ejari contracts were registered in the last 12 months. In the last 12 months it had 11 registered sales and 3 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales. The Dubai South median is 7.6% gross.
- How much does a 1 bedroom in AVENEW888 - Modo cost?
- The median registered sale price is AED 803,000 (1,247 AED/sqft), from 11 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- Have prices in AVENEW888 - Modo risen or fallen?
- Median price per square foot moved 0.0% over the last 12 months against the 12 before it, on 11 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
For agents
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AVENEW888 - Modo rental record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 3 registered rental contracts in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts
- Canonical record
- /rent/apartments/dubai/dubai-south/avenew888-modo
Cite as: Dubai Wealth Index. “AVENEW888 - Modo rents and yield.” Dubai South, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/dubai-south/avenew888-modo
Stable dataJSON