About Avenew888 - Modo
Avenew888 - Modo is a residential and commercial building by Avenew Real Estate Development, in Madinat Al Mataar, Dubai. It rises 12 storeys (1 basement level, a ground floor, 1 podium level, 10 floors and a roof), built as a concrete structure with internal and external finishes. The project comprises 224 homes.
Key information
Developer
Avenew Real Estate Development
- Expected handover
- TBC
- Status
- Not started
- Location
- Madinat Al Mataar, Dubai
- Master project
- Dubai South Residential District
- Construction started
- 2025
- Number of buildings
- 1
- Number of units
- 224
- Registered with DLD
- 04 Jul 2025
- Escrow bank
- Dubai Islamic Bank
- Escrow account no.
- 001582187156701
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2025
- Under construction15% complete
- Expected handoverTBC
Construction progress
16 inspection photos from the Dubai Land Department. Latest 27 Aug 2026 at 15% complete.
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Amenities
Physical features recorded on the Dubai Land Department buildings register.
Swimming Pool
Covered Parking
4 Elevators
11 Floors
Retail & Shops
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
181
Median price
AED 1.3M
Median price / sqft
AED 1K+4%
Off-plan share
100%
Priced 7% below than the Madinat Al Mataar median of AED 1K/sqft.
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| 1 Bed | 59 | 676 sqft | AED 847K | AED 1K |
| 2 Bed | 96 | 1,035 sqft | AED 1.4M | AED 1K |
| 3 Bed | 26 | 1,384 sqft | AED 2.0M | AED 1K |
Price per sqft by year
+4% since 2025AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 03 Jul 2026 | Off-plan | 1,389 sqft | AED 1.7M | AED 1K |
| 29 Jun 2026 | Off-plan | 1,291 sqft | AED 1.9M | AED 1K |
| 04 Jun 2026 | Off-plan | 1,261 sqft | AED 1.7M | AED 1K |
| 04 Jun 2026 | Off-plan | 1,291 sqft | AED 1.9M | AED 1K |
| 03 Jun 2026 | Off-plan | 968 sqft | AED 1.2M | AED 1K |
| 02 Jun 2026 | Off-plan | 1,674 sqft | AED 2.1M | AED 1K |
| 04 May 2026 | Off-plan | 767 sqft | AED 967K | AED 1K |
| 04 May 2026 | Off-plan | 985 sqft | AED 1.4M | AED 1K |
Unit mix
224 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| Commercial | 7 | - |
| 1 B/R | 59 | 621 - 1,188 sqft |
| 2 B/R | 105 | 967 - 1,944 sqft |
| 3 B/R | 53 | 1,261 - 2,950 sqft |
Payment plan
Payment plans are set by Avenew Real and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.
Request the payment planLocation
Approximate location in Madinat Al Mataar, Dubai.
Madinat Al Mataar
Dubai, United Arab Emirates
Frequently asked questions
Avenew888 - Modo has a planned handover of a date not yet on the register, and the latest DLD inspection puts construction at 15% complete.
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