Cheval Residences (Dubai Islands) — SKID Score 5.9/10

Key information

Delivery date: Mar 2029
Location: Dubai, Dubai Islands, Cheval Residences
Payment plan: 10/40/50
Property types: Apartment
Government fee: 4% + AED 3,500 admin
Ownership type: Freehold
Starting price / sq.ft: AED 3,695 / sq.ft
Unit sizes: From 763 sq.ft
SKID score: 5.9 / 10 (Proceed with caution)

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Payment plan

10%

Down payment

AED 282K

At sales launch

40%

During construction

AED 1.13M

Construction milestones

50%

On handover

AED 1.41M

Mar 2029

Published milestone schedule · Payment Plan

10% + 5% VAT + 5% TAX + 4% DLD + 3500 AED OQOOD Fee10% · AED 282K

10% + 5% TAX10% · AED 282K

5% + 5% TAX5% · AED 141K

10% + 5% TAX10% · AED 282K

50% + 5% TAX50% · AED 1.41M

Project timeline

Project announcement
AVENEW Development official release
Booking & registration
Open for unit reservation
Construction phase
Active development
Expected completion
Mar 2029

About the project

Proceed with caution.

Several evidenced factors are weak.

Cheval Residences is a joint venture by AVENEW Development and WADEEN Developers, situated in the Dubai Islands district. The development offers a serviced hotel residence format that adheres to strict five-star hospitality standards. The building's architecture is founded on linear geometry and balanced proportions. The structure comprises a ground floor, seven residential levels, and a rooftop. The project features one-, two-, and three-bedroom residential units. The exterior design blends natural wood, champagne-toned metal accents, dark hues, and expansive glazing, while integrated greenery on the terraces softens the building's overall silhouette. Particular attention has been given to service infrastructure. Residents enjoy access to an infinity pool, fitness center, spa with sauna, concierge services, 24/7 security, housekeeping, and travel arrangement services. The lifestyle here is centered on relaxation, ensuring complete privacy and tranquility. Within walking distance or a short drive, you'll find Dubai Islands Golf Course, Oasis Park, Jumeirah Peninsula Marina Shopping Mall, Burj Al Arab, Dubai Mall, DIFC, and Dubai International Airport—all just minutes away by a comfortable commute or a leisurely stroll.

Asking price is 46.2% above comparable off-plan sales (+AED 1,168/sq.ft.)

Published starting price per sq ft is notably above historical closed transactions in this district.

Amenities

Bar
Beach Access
Concierge Service
Housekeeping Services
Infinity Pool
Landscaped Open Areas
Leisure Areas
Lift
Lobby
Parking
Pool Deck
Private Lounge
Recreational Areas
Resting Areas
SPA
Sauna
Security & CCTV
Shared Gym & Fitness Centre
Sitting Area
Social Zone
Sunken Garden
Walking Paths

Units

from developer

1 BR

Floor plan not published by source

763 sq.ft · AED 3,695 / sq.ft

From AED 2.82M

2 BR

Floor plan not published by source

Size on request

Price on request

3 BR

Floor plan not published by source

Size on request

Price on request

Floor plans & layouts

Floor plans not yet published by developer

Request the latest developer brochure and unit floor plan sheets on WhatsApp.

Request floor plans

Price comparison & DLD history

8-Factor Evidence Breakdown

7/8 factors backed by verified evidence (82% weight coverage) · skid-geo-v3.0-8factor

5.9/ 10

Historical DLD Transaction Context

Asking price is 46.2% higher than comparable off-plan registrations (+AED 1,168/sq.ft.)

46.2% above comparable sales

The developer asks AED 2,819,000 (~AED 3,695/sq.ft. for a published 763 sq.ft. starting unit), while comparable off-plan residential registrations in Dubai Islands sold for a median of AED 2,527/sq.ft. (AED 1,928,101 for the same size).

1. Published Asking Price

AED 3,695 / sq.ft.

AED 2,819,000 starting price · 763 sq.ft.

2. Historical Nearby Closed Sales

AED 2,527 / sq.ft.

~AED 1,928,101 for the same size

3. Spread vs Historical Median

+AED 1,168 / sq.ft. (+46.2%)

+AED 890,899 vs historical median

Show bar comparison & transaction context

Published Launch AskAED 3,695 / sq.ft.

Historical Nearby Closed Sales MedianAED 2,527 / sq.ft.

Historical transaction context: The asking rate is 46.2% (~AED 890,899 on a 763 sq.ft. unit) above recent comparable off-plan registrations in Dubai Islands. Paying above recent nearby transactions increases your upfront entry basis—local secondary prices would need to sit at least 46.2% higher—plus ~4%–6% in registration and resale costs—at handover just to match today's baseline.

Get an available quotation

Select a verified unit bucket to inspect published pricing and payment milestones.

Down payment10%

AED 282K

At booking

During construction40%

AED 1.13M

Construction milestones

On handover50%

AED 1.41M

Handover Mar 2029

View full 8-factor score breakdown & recent DLD sales

Key takeaways before you buy

Plain-language summary of pricing, payment terms, and delivery outlook

Bottom Line

Asking price is 46.2% above comparable off-plan sales (+AED 1,168/sq.ft.)

The developer asks AED 3,695/sq.ft., whereas comparable off-plan registrations in Dubai Islands sold for a median of AED 2,527/sq.ft. (~AED 890,899 higher for the same area). (Verified Fact · Verified DLD Sales)

Pricing vs. Closed Sales

+46.2% (+AED 1,168/sq.ft.)

Asking price is 46.2% above comparable off-plan sales (+AED 1,168/sq.ft.)

The developer asks AED 3,695/sq.ft., whereas comparable off-plan registrations in Dubai Islands sold for a median of AED 2,527/sq.ft. (~AED 890,899 higher for the same area).

Why this matters: The asking rate is 46.2% (~AED 890,899 on a 763 sq.ft. unit) above recent comparable off-plan registrations in Dubai Islands. Paying above recent nearby transactions increases your upfront entry basis—local secondary prices would need to sit at least 46.2% higher—plus ~4%–6% in registration and resale costs—at handover just to match today's baseline.

Competing Supply (Potential Risk)

80 Launches

80 competing off-plan launches tracked in Dubai Islands — potential handover competition

SKID tracks 80 competing off-plan launches in Dubai Islands. While phased handovers and district demand may absorb new inventory, a concentrated pipeline increases potential competition among resale buyers at handover.

Why this matters: Future supply impact is a potential risk rather than a certainty: if multiple towers deliver in the same window, sellers may face longer marketing times or more competitive secondary resale pricing.

Developer Track Record (Incomplete Data)

History Incomplete

Incomplete historical delivery data for AVENEW Development in catalog

AVENEW Development is named on the launch, but SKID currently has 0 verified past-handover completion records in its catalog to evaluate historical on-time delivery performance.

Why this matters: An incomplete catalog record does not necessarily mean a developer has no prior projects elsewhere, but it introduces uncertainty—rely on verified DLD construction escrow milestones and independent due diligence.

SKID intelligence

How does this project compare across all 8 factors?

Evidence Coverage: 7/8 factors (81.8%)
Methodology: skid-geo-v3.0-8factor

How SKID scores & compares projects

Last evaluated: 2026-11-02

Strong

• 50% of the price is due at or after handover, keeping strong buyer leverage until completion
• Handover sits in a typical 1–3 year off-plan window

Watch

• Waterfront or beach positioning

Risk

• Published starting price vs historical DLD closed sales median: +46.2% above historical DLD closed sales median per sq ft in this community
• Heavy competing supply: 80 other launches in Dubai Islands
• 88 primary off-plan registrations in this community (0 completed or secondary resales recorded yet)
• Service charge published at 38

See all 8 scoring factorsWhy SKID gave it 5.9

Why SKID gave it 5.9

Location

Weight: 29.6%

7.9/ 10

Waterfront or beach positioning

Entry price

Weight: 22.2%

3.2/ 10

Published starting price vs historical DLD closed sales median: +46.2% above historical DLD closed sales median per sq ft in this community

Developer

Weight: 18.2%

Insufficient evidence (N/A)

Supply / competition

Weight: 14.8%

3.6/ 10

Heavy competing supply: 80 other launches in Dubai Islands

Payment plan

Weight: 14.8%

8.1/ 10

50% of the price is due at or after handover, keeping strong buyer leverage until completion

Delivery risk

Weight: 7.4%

8.6/ 10

Handover sits in a typical 1–3 year off-plan window

Exit liquidity

Weight: 7.4%

4.5/ 10

88 primary off-plan registrations in this community (0 completed or secondary resales recorded yet)

Service charges

Weight: 3.7%

4.0/ 10

Service charge published at 38

Factor	Weight	Score
Location Waterfront or beach positioning	29.6%	7.9/ 10
Entry price Published starting price vs historical DLD closed sales median: +46.2% above historical DLD closed sales median per sq ft in this community	22.2%	3.2/ 10
Developer Insufficient evidence (N/A)	18.2%	Insufficient evidence (N/A)
Supply / competition Heavy competing supply: 80 other launches in Dubai Islands	14.8%	3.6/ 10
Payment plan 50% of the price is due at or after handover, keeping strong buyer leverage until completion	14.8%	8.1/ 10
Delivery risk Handover sits in a typical 1–3 year off-plan window	7.4%	8.6/ 10
Exit liquidity 88 primary off-plan registrations in this community (0 completed or secondary resales recorded yet)	7.4%	4.5/ 10
Service charges Service charge published at 38	3.7%	4.0/ 10

Recent sales nearby

Date	Type	Price	Sq ft	AED / sq ft
2026-07-07	Off-plan · Apartment	AED 2.83M	1,272	2,223
2026-07-07	Off-plan · Apartment	AED 2.66M	1,585	1,676
2026-07-07	Off-plan · Apartment	AED 4.26M	2,295	1,858
2026-07-07	Off-plan · Apartment	AED 3.23M	1,568	2,060
2026-07-06	Off-plan · Apartment	AED 4.15M	1,504	2,760
2026-07-06	Off-plan · Apartment	AED 4.35M	1,635	2,661
2026-07-06	Off-plan · Apartment	AED 3.37M	1,553	2,170
2026-07-06	Off-plan · Apartment	AED 3.4M	1,550	2,194
2026-07-06	Off-plan · Apartment	AED 2.45M	910	2,687
2026-07-06	Off-plan · Apartment	AED 3.31M	1,403	2,361
2026-07-06	Off-plan · Apartment	AED 5.79M	1,596	3,629
2026-07-06	Off-plan · Apartment	AED 2.94M	837	3,519
2026-07-06	Off-plan · Apartment	AED 4.42M	1,285	3,439
2026-07-06	Off-plan · Apartment	AED 3.57M	1,202	2,971
2026-07-06	Off-plan · Apartment	AED 4.02M	1,376	2,925
2026-07-06	Off-plan · Apartment	AED 3.71M	1,383	2,683
2026-07-06	Off-plan · Apartment	AED 2.29M	862	2,660
2026-07-03	Off-plan · Apartment	AED 2.23M	1,196	1,864
2026-07-03	Off-plan · Apartment	AED 4.1M	1,652	2,481
2026-07-03	Off-plan · Apartment	AED 2.96M	1,295	2,287
2026-07-03	Off-plan · Apartment	AED 2.4M	1,333	1,800
2026-07-02	Off-plan · Apartment	AED 3.35M	1,622	2,066
2026-07-02	Off-plan · Apartment	AED 3.71M	1,568	2,370
2026-07-02	Off-plan · Apartment	AED 2.42M	1,274	1,901

Closed sales in this community. These are not this tower's own contracts unless the record says so.

Location

Dubai, Dubai Islands, Cheval Residences

Interactive map ready (1 verified location)

· Dubai Islands, Dubai

View project

Living in Dubai Islands

Historical DLD Median

AED 2,527 / sq.ft

Historical DLD Sample

1012 closed sales

Ownership

Freehold

Frequently asked questions

Is Cheval Residences a good off-plan investment in Dubai Islands?

Cheval Residences in Dubai Islands (Dubai) scores 5.9/10 (caution) on the independent SKID 8-factor off-plan model across 82% evidenced factor weight. Proceed with caution. Several evidenced factors are weak. Strongest evidenced factor: delivery risk. Weakest: entry price. Historical DLD Closed Transactions: matched closed sales in Dubai Islands record a median of AED 2,527/sqft across 1012 verified transactions. Reviewed by SKID Investment Research Engine (as of 2026-11-02).

Who is building Cheval Residences?

AVENEW Development is the developer named on this launch.

When is handover for Cheval Residences?

The published handover is Mar 2029.

What is the starting price of Cheval Residences?

The published starting price is AED 2.82M.

What does the SKID screen mean for Cheval Residences?

The SKID screen for this launch in Dubai Islands is 80 out of 100. It ranks the published payment plan, handover date, starting price, and whether a developer is named. It is not a buy signal. Run the simulation before you reserve.