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Cheval Residences - Image 1
Golden Visa
Dubai Islands, Dubai·Avenew Properties

Cheval Residences

AED 2.80MPublished estimate: 9%-13%
Studio
Studio
N/A
Bathrooms
763+
Sqft
Q1 2029
Handover
Explore Dubai Islands
View community info, amenities & nearby attractions
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About This Project

Cheval Residences is a limited collection of branded serviced residences on Dubai Islands, co-developed by AVENEW Development and Wadeen Developers and managed by Cheval Collection. The beachfront project combines private ownership with hospitality-led services in a low-rise waterfront setting. Only 99 fully furnished one-, two- and three-bedroom residences are planned, beginning from approximately 763 sq ft. Floor-to-ceiling windows, sea views, landscaped terraces and direct beach access support a resort-style living experience, while owners receive access to selected Cheval Collection hospitality benefits. Prices start from approximately AED 2.8 million. The 50/50 payment structure comprises 10% on booking, 40% during construction and 50% on handover, scheduled for Q1 2029. Contact 3G Real Estate for current availability, service details and unit-specific pricing.

Amenities

Direct Beach Access
Swimming Pool
Fitness Facilities
Residents' Lounge
Landscaped Terraces
Hospitality Services
Concierge
Sea Views
Furnished Interiors
Security
Owner Benefits Programme

Related Keywords

Cheval Residences Dubai IslandsAVENEW Developmentbranded residences Dubaibeachfront apartments Dubai Islands

Key Features

Theme
Serviced Apartment
Unique
Dubai Islands, Dubai
Price
AED 2.8M

Property Documents

Request available documents for this property

Investment Potential

9%-13%
Published ROI Estimate

Verify assumptions independently

5.5%-7%
Published Rental Yield

Gross/net basis may vary

Property Price: AED 2.80M

Published estimates are not guaranteed returns. Verify current rents, costs, vacancy and market evidence independently.

May be relevant to property-based residency criteria; verify current rules

Payment Plan

10% booking; 40% during construction; 50% on handover
10%Booking
40%During
50%On
Booking
AED 0.28M(10%)
During Construction
AED 1.12M(40%)
On Handover
AED 1.40M(50%)

Understanding Payment Plans

Dubai off-plan properties typically follow a post-handover payment structure. The percentages shown represent when payments are due during the construction and handover process.

Booking / Down Payment:Paid when signing the Sales Purchase Agreement (SPA)
During Construction:Paid in installments linked to construction milestones
On Handover:Final payment when you receive the property keys

Note: DLD registration fee (4% + AED 4,000) and Oqood fee (AED 5,000 for off-plan) apply additionally.

Project Status

Planning
Project design & approvals
Construction
Building in progress
Handover
Ready for move-in
Expected Handover
Q1 2029

Frequently Asked Questions

Who is developing and managing Cheval Residences?

The project is co-developed by AVENEW Development and Wadeen Developers and operated as branded serviced residences by Cheval Collection.

What residences are available at Cheval Residences?

The development comprises 99 fully furnished one-, two- and three-bedroom serviced residences, with layouts beginning from approximately 763 sq ft.

What is the payment plan for Cheval Residences?

The advertised 50/50 plan requires 10% on booking, 40% during construction and 50% on handover in Q1 2029.

Contact Expert

3G Real Estate
3G Real Estate
Property Consultant
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Mortgage Calculator

Property Price
AED 2,800,000
Down Payment25% (AED 700,000)
Interest Rate3.7% p.a.
Loan Term25 years
Loan AmountAED 2,100,000
Monthly PaymentAED 10,740
Total InterestAED 1,122,000

* Estimate based on 3.7% p.a. rate. Actual rates may vary (3.4-4.2%).

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RERA Registration

RERA registration number not available

Quick Info

StatusOff-Plan
TypeServiced Apartment
Payment Plan10% booking; 40% during construction; 50% on handover
HandoverQ1 2029
DeveloperAvenew Properties
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Review current property-based residency criteria

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