Shoaq

Under Construction · Due Q4 2027|78 units · 1 building

Alerts: Get notified of every new DLD-registered sale and rental contract.

Shoaq is an under-construction apartment development by AVENEW REAL ESTATE DEVELOPMENT L.L.C in Palm Deira, comprising 78 registered units. 72 sales are registered with the Dubai Land Department, at a current PIX© price of AED 3,369 per sqft. At AED 3,369 per sqft, Shoaq prices 35% above the Palm Deira average of AED 2,496 per sqft on registered sales.

PIX© price · ↑3.6% YoY

4.59MAED

Typical

3,369AED

PSF

Gross yield

Awaiting handover

PIX© rent ÷ PIX© price

Sale records

DLD · all time

Rent contracts

Awaiting handover

Ejari · all time

SATELLITE

LocationPalm Deira in Palm Deira

Drive times · typical

Downtown Dubai27 min · 21.6 km

DXB Airport24 min · 12.5 km

DIFC29 min · 19.3 km

Dubai Marina39 min · 39.4 km

Palm Jumeirah40 min · 41.7 km

Nearest · straight-line

Metro stationGold Souq Metro Station 25.6 km

Mallal mamzar1.4 km

SchoolKB-TKIT KHALIFAH INDONESIA2.1 km

HospitalBME CLUB3 km

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Shoaq3,369AED/sqft · project-wide

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

Type	Units	PIX© Price	PIX© PSF	PSF YoY
PIX© Core Project-Wide 730 – 6,511 sqft	78	4.59M	3,369	↑3.6%
1 Bed · Apartment 730 – 1,128 sqft	49			—
2 Bed · Apartment 1,398 – 1,722 sqft	14			—
3 Bed · Apartment 2,421 – 5,559 sqft	14			—
5 Bed · Apartment 6,511 sqft	1			—

No rental contracts registered — the project has not handed over.

Sales — Project-Wide72 DLD records

PIX© price analysis

All time

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Unit	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
18 Nov 2025	5 Bed	Floor 7	6,511	36,736,000	5,642	—	Standard	Off-Plan Sale
1 Oct 2025	3 Bed	Floor 3	2,421	8,811,000	3,639	—	Premium	Off-Plan Sale
29 Sep 2025	2 Bed	Floor 2	1,400	4,615,000	3,297	—	Standard	Off-Plan Sale

Rentals — Project-Wide

PIX© rent analysis

No Ejari rental contracts. Contracts appear once handover occurs and tenancies are registered.

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare1 peer could not be placed

This project

Shoaq

Compared with

Silena Residences

PIX© PSF

3,318

Rank

#3 of 56

#2 of 56

Typical price

4.33M

Yield

—

Units

137

Sales

122

Rents

—

Developer

AVENEW REAL ESTATE DEVELOPMENT L.L.C

Handover

Due 2027

Due 2028

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Elle Residences ANAX DEVELOPMENTS L.L.C · Due 2027 · Off-plan pricing	98					84	—
	Silena Residences AVENEW REAL ESTATE DEVELOPMENT L.L.C · Due 2028 · Off-plan pricing	137					122	—
3	Shoaq AVENEW REAL ESTATE DEVELOPMENT L.L.C · Due 2027 · Off-plan pricing	78	3,318	Subject	4.33M	—	72	—
	Cotier House 2 By Imtiaz IMTIAZ UG REAL ESTATE DEVELOPMENT L.L.C · Due 2027 · Off-plan pricing	128					109	—
	Arya Residences by Citi Developers CITI DEVELOPERS REAL ESTATE DEVELOPMENT L.L.C · Due 2027 · Off-plan pricing	68					53	—
	Hatimi Residences By Fakhruddin FAKHRUDDIN PROPERTIES DEVELOPMENT L.L.C · Due 2026 · Off-plan pricing	116					98	—
	Cotier House 1 By Imtiaz IMTIAZ GHD REAL ESTATE DEVELOPMENT L.L.C · Due 2027 · Off-plan pricing	137					137	—
	Esme' Beach Residences ELYSIAN LUXURY REAL ESTATE DEVELOPMENT L.L.C · Due 2027 · Off-plan pricing	109					105	—
	Beach Walk Residences 4 by Imtiaz IMTIAZ REAL ESTATE INVESTMENT & DEVELOPMENT L.L.C · Due 2027 · Off-plan pricing	70					62	—
	Sea Legend One By Mvs Real Estate M V S REAL ESTATE DEVELOPMENT L.L.C · Due 2026 · Off-plan pricing	65					32	—
	997 Residences by Reef Luxury Development REEF LUXURY DEVELOPMENT L.L.C · Due 2028 · Off-plan pricing	63					19	—

Community median 2,234 AED/sqft. Showing the closest-ranked peers of 56 ranked projects in the community. 10 community projects excluded for insufficient recorded sales. 4 excluded for insufficient unit-mix overlap. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Palm Deira

The closest-priced registered projects in Palm Deira.

CG LivingAED 3,410/sqft
Hatimi Residences By FakhruddinAED 3,428/sqft
RenaAED 3,430/sqft
Bay Grove Residences D - Dubai IslandsAED 3,447/sqft
Elle ResidencesAED 3,478/sqft
Silena ResidencesAED 3,510/sqft

Common questions about Shoaq

Answered from Dubai Land Department registered transactions.

How much does a property in Shoaq cost?

Property in Shoaq sells at a current PIX© price of AED 3,369 per sqft, or about AED 4,591,420 for a typical unit, based on 72 sales registered with the Dubai Land Department.

When is Shoaq handing over?

Shoaq is under construction, due q4 2027.

Who is the developer of Shoaq?

Shoaq is developed by AVENEW REAL ESTATE DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

How many units are in Shoaq?

Shoaq holds 78 registered units, per the Dubai Land Department unit register.

Have prices in Shoaq gone up or down?

Price per sqft has risen +3.6% over the last 12 months, to AED 3,369, across 72 registered sales.