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AVENEW888 - Modo

A 2 bed in AVENEW888 - Modo costs a median AED 1.41M and rents long-let for AED 95,000/yr.

2 bed · typical price

1.41MAED

AED 1,332/sqft · +0.4% on a year

Rent a year
AED 95,000
vs Dubai South
1% below the median
Cost to buy, all inAED 1.50M
Price
AED 1.41M
DLD fee 4%
AED 56,320
Agent 2% + VAT
AED 29,568
Trustee
AED 4,200

Fees repaid by rent11 months

Against this building’s registered sales of the same type.

Ask about AVENEW888 - Modo →

Is AVENEW888 - Modo a good investment?Easy to sell; the rent pays below the Dubai median, few units are let, rents are slipping and lots of new supply is coming

  1. Does it pay a good rent?5.8% gross, before the service charge (not on file) (Dubai median 6.8%)5.8%Watch
  2. Is it easy to let?13% of units signed a yearly lease in 12 months; the typical Dubai South building manages 0%13%Watch
    Dubai South median 0% · top tenth from 61%AVENEW888 - Modo · 13%

    Across 45 Dubai South buildings with 40 or more units, the median signed annual leases on 0% of units in 12 months and the top tenth on 61% or more; AVENEW888 - Modo is at 13%.

  3. Are rents going up?New leases: AED 96,000 a year ago, AED 82,500 now-14.1%Watch
  4. Are prices going up?2 bed: AED 1,327/sqft a year ago, 1,332 now+0.4%Fair
  5. How fast do fees pay back?AED 90,088 in fees to buy a 2 bed; rent covers it in 0.9 years0.9 yrs
  6. Can I sell easily?89 sales in 12 months, 41% of the tower (93 the year before)89Strength
  7. Is a lot being built nearby?14,194 apartments are planned in Dubai South from 2026 to 2028, equal to 3.0 times the 4,798 homes let there today. A further 7,808 are past their planned date. Dubai South supply by year →296%Watch
  8. Did earlier buyers gain?Up 2% for launch buyers, before fees+1.8%Context

Readings use published thresholds · 2 bed figures, the most traded type · Data to 12 Oct 2026

Check an asking price →How each reading works →

AVENEW888 - Modo prices and rents by unit typeA two-bed costs about AED 1.41M and rents for about AED 95,000 a year

TypeMedian priceGross yieldNew rent12-month changeSales
1 bed59 units · 642 sqftAED 803,0001,247/sqftunder 5 contractsunder 5 contracts0.0%11
2 bed105 units · 985 sqftAED 1.41M1,332/sqftunder 5 contractsunder 5 contracts+0.4%55
3 bed53 units · 1,291 sqftAED 1.90M1,446/sqftnot yet letnot yet letno prior year23
Appreciation, rental income and short-term detail, by unit type

Appreciation

2 bed · price per sqft · Dubai South · area median AED 1,350/sqft

vs area median
-1.3%
Rank by price per sqft
56th of 108

Rental income

2 bed · Dubai South

Renewal rent
AED 95,000/yr

Price history and sales

As filed with the Land Department — data to 2026-10-12.

Sale price, AED (right axis) Rent on new leases, AED a year (left axis)

Median price paid, 2 bed, as a rolling 3-month median, with the rent on new leases on the same basis. The band along the bottom is the number of sales each month.

Chart data, 2 bed: Jul 2025, AED 1,327,750; latest, Jun 2026, AED 1,288,150; peak, Jan 2026, AED 1,423,000. Rent on new leases: Jan 2024, AED 92,000 a year; latest, Oct 2026, AED 97,000.

Did earlier buyers gain?

Median paid per sqft, all types, against today’s 1,344 · before fees

Launch, 2025–26
1,320
+2%
Previous 12 months
1,260
+7%
Last 12 months
1,344
today

The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.

No resales match the last 12 months. Try another transaction type, bedroom type or period.

Comparables in Dubai South

Every Dubai South building with a page, ranked by price per sqft over the same 12 months, all unit types. AVENEW888 - Modo places 84th of 157; the nearest 8 are shown.

RankBuildingMedian priceAED/sqftGross yield12-month changeSales
80The Harmony - 140% · Q4 2025 · off-plan 1,353/sqftAED 1.33M1,390+3.4%—+3.0%14
81South Square - S40% · Q2 2028 · off-plan 1,471/sqftAED 1.96M1,382+2.8%—-6.7%10
82Altair 520% · Q4 2027 · off-plan 1,378/sqftAED 992,1491,378+2.5%——23
83Casa Aura Residence0% · Q3 2027 · off-plan 1,375/sqftAED 1.00M1,375+2.3%——9
84AVENEW888 - Modo · this building0% · Q1 2028 · off-plan 1,320/sqftAED 1.43M1,3445.8%+6.7%89
85The Collective0% · Q1 2027 · off-plan 1,328/sqftAED 1.16M1,328-1.2%——45
86Courtyard One8% · Q3 2027 · off-plan 1,327/sqftAED 1.05M1,327-1.3%——8
87Majestique Residence 2Completed 2021AED 1.16M1,322-1.6%4.3%-6.7%28
88Aero 10% · Q3 2027 · off-plan 1,298/sqftAED 867,1521,320-1.8%——11

Rank 1 is the dearest per square foot. Differences are against AVENEW888 - Modo (AED 1,344/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At 2 bed, AVENEW888 - Modo has registered sale prices 1% below the Dubai South median price per square foot of 1,350 AED, across 108 eligible buildings. It ranks 56th of 108 by price 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 activity

Planned 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 supply

Supply 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 counted
Find service-charge budget evidence for AVENEW888 - Modo

Direct 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.

About AVENEW888 - Modo

AVENEW888 - Modo is an under-construction (0% built) apartment building by Avenew in Dubai South. 182 sales are registered with the Dubai Land Department.

Pinned by Google from the registered name; verify the plot before relying on it.Open in Google Maps

The building, as registered

Floors
11
Lifts
4
Parking bays
253
Pools
1
Master developer
Avenew

Nearest, as registered

AVENEW888 - Modo: AED 1,344 per sq ft, 4% below the median Dubai South building, and a 5.8% gross yield, below the area's median building

The building's own figures against its area's registered market, last twelve months.

Price per sq ft

Median registered sale price, AED per sq ft, last 12 months

  1. AVENEW888 - ModoAED 1,344
  2. Dubai South, readyAED 1,078
  3. Dubai South, off-planAED 1,658
  4. Dubai, readyAED 1,421
Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Gross yield against the area's buildings

Axis: gross yield, % of price

AVENEW888 - ModoDubai South median building

  1. Dubai South5.8% vs 7.0%
Line: the 10th to 90th percentile of 39 buildings in Dubai South. Gross: before service charge, vacancy and fees. Sources: DLD, Ejari.

Upcoming supply in Dubai South, by handover quarter

More from Avenew

Prices per sq ft around AVENEW888 - Modo, on the map
Pills show median sale price, AED. 78 buildings pinned from Google place records and Apple geocoding · AVENEW888 - Modo is the inverted pinOpen in Apple Maps

Before you decide

The facts that can change the return, each with the date it rests on.

Rent or buy

What owning a 2 bed here costs against renting it, at stated assumptions you can change.

Monthly cost of owning against renting, with your own deposit and rate

Prefilled from AVENEW888 - Modo’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.

Residency
More assumptions

The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.

Monthly mortgage
6,261AED
4.5% over 25 years
Monthly rent
7,917AED
AED 95,000 a year
Cash needed at purchase
388,768AED
20% down plus AED 107,168 in fees

Owning costs AED 349,928 less than renting over 5 years, once the sale is counted.

Buying overtakes renting in year 2.

Cumulative cost by year: renting (solid) against owning net of a sale that year (dashed), at the assumptions above.

Ask about AVENEW888 - Modo

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Common questions

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 55 registered sales and 3 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales. The Dubai South median is 6.7% gross.
How much does a 2 bedroom in AVENEW888 - Modo cost?
The median registered sale price is AED 1.41M (1,332 AED/sqft), from 55 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 +0.4% over the last 12 months against the 12 before it, on 55 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
What is the registered annual rent for a 2 bedroom in AVENEW888 - Modo?
The median new annual rent is AED 95,000, 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?
55 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.

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AVENEW888 - Modo sale record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
55 registered sales in the last 12 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts
Canonical record
/sale/apartments/dubai/dubai-south/avenew888-modo
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “AVENEW888 - Modo sale prices and yield.” Dubai South, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/dubai-south/avenew888-modo

Stable dataJSON