AVENEW888 - Modo
- Under construction · 0% built · handover Q1 2028
- 11 floors
- 4 lifts
- 253 parking bays
- 1 pool
- Master developer Avenew
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
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
- Does it pay a good rent?5.8% gross, before the service charge (not on file) (Dubai median 6.8%)5.8%Watch
- 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%.
- Are rents going up?New leases: AED 96,000 a year ago, AED 82,500 now-14.1%Watch
- Are prices going up?2 bed: AED 1,327/sqft a year ago, 1,332 now+0.4%Fair
- 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
- Can I sell easily?89 sales in 12 months, 41% of the tower (93 the year before)89Strength
- 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
- 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
AVENEW888 - Modo prices and rents by unit typeA two-bed costs about AED 1.41M and rents for about AED 95,000 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
2 bed · price per sqft · Dubai South · area median AED 1,350/sqft
- 12-month change
- +0.4%
- vs area median
- -1.3%
- Rank by price per sqft
- 56th of 108
Rental income
2 bed · Dubai South
- Median new rent
- AED 95,000/yr
- Yield rank, all unit types
- 10th of 12
- 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)
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%
- 181 sales
- Previous 12 months
- 1,260
- +7%
- 93 sales
- Last 12 months
- 1,344
- today
- 89 sales
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.
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 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.
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.
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
- AVENEW888 - ModoAED 1,344
- Dubai South, readyAED 1,078
- Dubai South, off-planAED 1,658
- Dubai, readyAED 1,421
Gross yield against the area's buildings
Axis: gross yield, % of price
AVENEW888 - ModoDubai South median building
- Dubai South5.8% vs 7.0%
More from Avenew
Nearby in Dubai South
Prices per sq ft around AVENEW888 - Modo, on the mapPrices per sq ft around AVENEW888 - Modo, on the map
Azizi Venice 2
Dubai South · 193 sales, 12 months
704,940
AED, resale median · 1,986/sqft
Celestia A
Dubai South · 53 sales, 12 months
535,000
AED, resale median · 1,116/sqft
Celestia B
Dubai South · 31 sales, 12 months
565,000
AED, resale median · 1,123/sqft
Majestique Residence 1
Dubai South · 28 sales, 12 months
1.08M
AED, resale median · 1,205/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · 2 bedOn record
- Rental evidence · 2 bedRead with care
- Service chargeNot on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.Not on record
- Project registerOn record
- DeveloperOn record
- Building recordOn record
- Costs not includedNot in the yield
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 rateMonthly 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.
More assumptionsFewer 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.
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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.
For agents
Send this page to a client as a branded report
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
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