Creating Communities That
Blend Functionality,
Innovation, and Comfort.
We are a real-estate development company founded in Dubai in 2024, co-founded by Rasha Hassan. Our vision is to craft homes that elevate everyday living. At AVENEW Development, we see ourselves as more than a real-estate developer — we curate lifestyles where comfort and finesse live together.
Our developments are located in some of Dubai’s most sought-after areas, including the beautiful Dubai Islands consistently community. Notable projects such as Rena and Shoaq are part of this vibrant area, offering residents a blend of coastal charm and city convenience.
We offer a diverse range of residential properties to suit different lifestyles and preferences. Our portfolio includes 1- to 4-bedroom apartments, townhouses, duplexes, and penthouses — depending on the project. For example, in Shoaq, we feature 1-, 2-, and 3-bedroom apartments, 3-bedroom townhouses, and a luxurious 4-bedroom penthouse.
Our payment plans are designed to be flexible and buyer-friendly. For instance, in Shoaq by AVENEW Development, buyers can pay 10% upon booking, 40% during construction, and the remaining 50% upon hand-over. In our Rena project, the structure includes a 10% down payment, 50% during construction, and 40% on completion.
Completion timelines vary by project. For example, Shoaq is expected to be handed over around Q3 2027, while Silena by AVENEW Development is projected for Q2 2028. We always recommend contacting us directly for the latest updates on delivery timelines.
What sets us apart is our commitment to blending architectural innovation with everyday comfort. We focus on creating spaces that feel personal, timeless, and deeply connected to the surrounding environment. Every AVENEW Development project is guided by attention to detail — from premium materials and smart layouts to lifestyle-driven amenities — ensuring that our residents experience a true sense of belonging and sophistication.
Yes, absolutely. Many of our Dubai projects are freehold, allowing both UAE residents and international investors to purchase property with full ownership rights. For instance, our Silena project welcomes foreign investors who wish to own property in Dubai’s thriving real-estate market.