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AVENEW REAL ESTATE DEVELOPMENT L.L.C

Cheval Residences

Under Construction · Date not reported|100 units · 1 building
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Cheval Residences is an under-construction development by AVENEW REAL ESTATE DEVELOPMENT L.L.C in Dubai Islands, comprising 100 registered units. 42 sales are registered with the Dubai Land Department, at a current PIX© price of AED 3,916 per sqft. At AED 3,916 per sqft, Cheval Residences prices 5% below the Dubai Islands median of AED 4,110 per sqft on registered sales.

PIX© price
4.55MAED
Typical
3,916AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
42
DLD · all time
Rent contracts
Awaiting handover
Ejari · all time
Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor
Units on floor unknown
…

Land, Cheval Residences

Size
Record
Oct 2016 to Apr 2026
Owners
3
Tenants
0
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
3Owner 33 Apr 20267 mo
Current owner
2Owner 226 Oct 20169.4 yrs
1Owner 113 Oct 201613 d
PIX© Airbnb Calculator

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Land · Cheval Residences
Occupancy (237 nights)
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Cheval Residences

Units

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

TypeUnitsPIX© PricePIX© PSFPSF YoY
PIX© Core
Project-Wide
763 - 4,322 sqft
1004.55M3,916-
Residential
1 Bed · Hotel Apartment
763 - 1,205 sqft
60-
2 Bed · Hotel Apartment
1,156 - 1,890 sqft
31-
3 Bed · Hotel Apartment
1,874 - 4,322 sqft
8-
Commercial
Shop
2,862 sqft
1---
No rental contracts registered - the project has not handed over.
Sales - Project-Wide42 DLD records
PIX© price analysis
All time
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
26 Oct 20261 BedCheval Residences · Floor 68202,943,0003,588-Entry LevelOff-Plan Sale
14 Oct 20261 BedCheval Residences · Floor 39643,721,0003,861-StandardOff-Plan Sale
16 Sep 20261 BedCheval Residences · Floor 38453,667,0004,340-PremiumOff-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.

Comparable projects in Dubai Islands

The closest-priced registered projects in Dubai Islands.

Common questions about Cheval Residences

Answered from Dubai Land Department registered transactions.

How much does a property in Cheval Residences cost?

Property in Cheval Residences sells at a current PIX© price of AED 3,916 per sqft, or about AED 4,551,383 for a typical unit, based on 42 sales registered with the Dubai Land Department.

When is Cheval Residences handing over?

Cheval Residences is under construction in the Dubai Land Department project register. No handover date is on record.

Who is the developer of Cheval Residences?

Cheval Residences 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 Cheval Residences?

Cheval Residences holds 100 registered units, per the Dubai Land Department unit register.