Avenew
Cheval Residences Dubai Islands is a limited collection of 99 fully serviced beachfront apartments, positioned within one of Dubai’s most anticipated waterfront masterplans. Developed by Avenew Development in partnership with Wadeen Developers and operated by Cheval Collection, the project introduces a professionally managed residential model designed for long term income and ease of ownership.
The development comprises one, two, and three bedroom residences, all fully furnished and operated to international hospitality standards. This allows owners to benefit from a hands off investment structure, with rental income driven by occupancy, service quality, and operator performance rather than traditional leasing alone.
The building is configured across ground plus seven floors with a rooftop level, ensuring a low density environment with a clear focus on privacy and liveability. Each residence is designed to maximise natural light and sea views, with layouts that balance functionality and comfort for both short and extended stays.
Dubai Islands is being developed as a lifestyle led coastal destination, with a long term focus on tourism, hospitality, and waterfront living. This positions the project within a growth corridor where infrastructure, demand, and pricing are expected to evolve over time.
From an investment perspective, the strength of this asset lies in its structure. Limited supply, a recognised hospitality operator, and direct beachfront positioning combine to create a product that is fundamentally different from standard residential offerings in Dubai.
This is not a short term flip. It is a professionally managed, income driven asset designed for investors who prioritise stability, long term performance, and minimal day to day involvement.
Direct beachfront positioning within a developing waterfront masterplan supports long term capital growth
Limited supply of 99 units creates scarcity in a market typically driven by volume
Serviced residence model allows for income generation without active management
Operated by an established hospitality brand with proven experience in serviced apartments
Dubai Islands is positioned as a future tourism and lifestyle destination with strong government backing
Fully furnished units reduce upfront costs and accelerate rental readiness
Strong demand for short stay and extended stay accommodation supports occupancy levels
Low rise building design enhances privacy and long term tenant appeal
Flexible usage allows for personal use alongside income generation
Payment structure supports cash flow management during construction period
Cheval Residences is located on Dubai Islands, a large scale coastal development positioned just off the Deira coastline. The area is being designed as a low-density waterfront destination with a strong focus on tourism, leisure, and residential living. Units are expected to benefit from uninterrupted sea views, beachfront outlooks, and sunset facing aspects, with higher floors offering wide open water perspectives and skyline views back towards Dubai. The setting is quiet, open, and distinctly different from the density of more established districts.
The development offers one bedroom, two bedroom, and three bedroom serviced residences.
One bedroom units range from approximately 763 to 1205 square feet
Two bedroom units range from approximately 1156 to 1890 square feet
Three bedroom units range from approximately 1874 to 4322 square feet
One bedroom apartments from AED 2.8M to AED 4M
Two bedroom apartments from AED 5.1M to AED 7M
Three bedroom apartments from AED 8.3M to AED 14M
10% down payment
10% first instalment after 1 month
5% November 2026
5% May 2027
5% November 2027
5% May 2028
10% November 2028
50% on completion
The project is built around a full service living concept, with amenities designed to support both residents and short stay guests. These include an infinity pool, fully equipped gym, spa facilities with sauna and steam room, beachfront access, and a rooftop terrace with panoramic views. Additional services include concierge, valet parking, and hotel style management, ensuring a consistent level of service and operational efficiency.
Avenew Development is a Dubai based developer focused on lifestyle driven residential projects, with an emphasis on design, usability, and long term value. The company is working in partnership with Wadeen Developers, an established developer with a strong track record in Qatar and a growing presence in Dubai. Together, they bring a combination of local market understanding and regional development experience, supported by Cheval Collection as the operating partner.
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