Shoaq Residences

Under Construction · Date not reported|78 units · 1 building

Shoaq Residences is an under-construction development by AVENEW REAL ESTATE DEVELOPMENT L.L.C in Dubai Islands, 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 Residences prices 45% above the Dubai Islands median of AED 2,317 per sqft on registered sales.

PIX© price · ↑2.5% 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

LocationDubai Islands

Drive times · typical

Downtown Dubai26 min · 21.6 km

DXB Airport22 min · 10.6 km

DIFC28 min · 19.3 km

Dubai Marina37 min · 39.4 km

Palm Jumeirah38 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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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 2

…

Select a unit to read its record.

Shoaq Residences3,369AED/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	↑2.5%
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	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
18 Nov 2025	5 Bed	Shoaq Residences · Floor 7	6,511	36,736,000	5,642	-	Standard	Off-Plan Sale
1 Oct 2025	3 Bed	Shoaq Residences · Floor 3	2,421	8,811,000	3,639	-	Premium	Off-Plan Sale
29 Sep 2025	2 Bed	Shoaq Residences · 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 compare

This project

Shoaq Residences

Compared with

Silena Residences

PIX© PSF

3,321

Rank

#3 of 54

#2 of 54

Typical price

4.33M

Yield

—

Units

137

Sales

122

Rents

—

Developer

AVENEW REAL ESTATE DEVELOPMENT L.L.C

Handover

U/C

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Elle Residences ANAX DEVELOPMENTS L.L.C · Pre-launch · Off-plan pricing	98					84	—
	Silena Residences AVENEW REAL ESTATE DEVELOPMENT L.L.C · U/C · Off-plan pricing	137					122	—
3	Shoaq Residences AVENEW REAL ESTATE DEVELOPMENT L.L.C · U/C · Off-plan pricing	78	3,321	Subject	4.33M	—	72	—
	Cotier House 2 IMTIAZ UG REAL ESTATE DEVELOPMENT L.L.C · U/C · Off-plan pricing	128					109	—
	Cotier House IMTIAZ GHD REAL ESTATE DEVELOPMENT L.L.C · U/C · Off-plan pricing	137					137	—
	Lia by Avenew AVENEW REAL ESTATE DEVELOPMENT L.L.C · U/C · Off-plan pricing	82					55	—
	Hatimi Residences FAKHRUDDIN PROPERTIES DEVELOPMENT L.L.C · U/C · Off-plan pricing	116					100	—
	Villa Del Arte AMBERTON RESIDENCES REAL ESTATE L.L.C · Pre-launch · Off-plan pricing	64					41	—
	Arya Residences CITI DEVELOPERS REAL ESTATE DEVELOPMENT L.L.C · U/C · Off-plan pricing	68					56	—
	Bay Grove Residence 7 DUBAI HOLDING (L.L.C) · U/C · Off-plan pricing	118					119	—
	Beach Walk Residences 4 IMTIAZ REAL ESTATE INVESTMENT & DEVELOPMENT L.L.C · U/C · Off-plan pricing	70					63	—

Community median 2,317 AED/sqft. Showing the closest-ranked peers of 54 ranked projects in the community. 15 community projects excluded for insufficient recorded sales. 6 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 Dubai Islands

The closest-priced registered projects in Dubai Islands.

Silena ResidencesAED 3,471/sqft
Elle ResidencesAED 3,662/sqft
Cotier House 2AED 3,043/sqft
Cotier HouseAED 3,009/sqft
Lia by AvenewAED 2,915/sqft
Hatimi ResidencesAED 2,845/sqft

Common questions about Shoaq Residences

Answered from Dubai Land Department registered transactions.

How much does a property in Shoaq Residences cost?

Property in Shoaq Residences sells at a current PIX© price of AED 3,369 per sqft, or about AED 4,591,631 for a typical unit, based on 72 sales registered with the Dubai Land Department.

When is Shoaq Residences handing over?

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

Who is the developer of Shoaq Residences?

Shoaq 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 Shoaq Residences?

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

Have prices in Shoaq Residences gone up or down?

Price per sqft has risen +2.5% over the last 12 months, to AED 3,369, across 72 registered sales.