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Shoaq Residences - Image 1
New LaunchGolden Visa
Dubai Islands, Dubai·Avenew Properties

Shoaq Residences

AED 2.31M
1-5
Bedrooms
0
Bathrooms
0+
Sqft
2027-10-30
Handover
Explore Dubai Islands
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About This Project

Shoaq Residences is a waterfront project by Avenew Properties at Dubai Islands. It includes apartments, townhouses and penthouses, with current project information spanning 1 to 5-bedroom options. The recorded payment structure is 10% at booking, 40% during construction and 50% on handover, with delivery targeted for October 2027.

Key Features

Theme
Apartment, Penthouse, Townhouse
Unique
Dubai Islands, Dubai
Price
AED 2.3M

Property Documents

Request available documents for this property

Investment Potential

N/A
Published ROI Estimate
N/A
Published Rental Yield
Property Price: AED 2.31M

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% down / 40% during construction / 50% on handover
10%Booking
40%During
50%On
Booking
AED 0.23M(10%)
During Construction
AED 0.92M(40%)
On Handover
AED 1.15M(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
2027-10-30

Frequently Asked Questions

Who is the developer of Shoaq Residences?

Shoaq Residences is developed by Avenew Properties.

What property types are available at Shoaq Residences?

The project information lists apartments, townhouses and penthouses, with 1 to 5-bedroom options.

What is the payment plan for Shoaq Residences?

The recorded structure is 10% at booking, 40% during construction and 50% on handover. Confirm contractual terms for the selected unit.

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Property Price
AED 2,309,000
Down Payment25% (AED 577,250)
Interest Rate3.7% p.a.
Loan Term25 years
Loan AmountAED 1,731,750
Monthly PaymentAED 8,856
Total InterestAED 925,050

* 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
TypeApartment, Penthouse, Townhouse
Payment Plan10% down / 40% during construction / 50% on handover
Handover2027-10-30
DeveloperAvenew Properties
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