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AVENEW888 - MODO

by AVENEW REAL ESTATE DEVELOPMENT L.L.C·MADINAT AL MATAARResidentialFreeholdOff-plan Heavy

Development & Handover Profile

⏳ Not Started

Construction Progress0.0%

Project Start

Nov 15, 2025

Expected Handover

N/A

Official Status

NOT_STARTED

Total Units

224

Avg Unit Size

1121 sqft

Freehold Ratio

100%

Escrow Agent

Dubai Islamic Bank PJSC

Median Price

AED 1.74M

PSF

AED 1,377/sqft

Sales 12M

vs Area

+122.0%

Asset Turnover

ⓘ

16.1%

Liquidity (12M)

Physical Inventory Profile

Total Registered Units

224

Avg Unit Size

1121 sqft

3BR

23.7%

3.1%

2BR

46.9%

1BR

26.3%

Room Configuration

Unit Type	Count	Share
2BR	105	46.9%
1BR	59	26.3%
3BR	53	23.7%
NA	7	3.1%

Price & Volume Trend

Unit Liquidity Matrix

Compares physical inventory against actual 12M sales volume. A Demand Index near 1.0 indicates a perfectly balanced secondary market for that unit type.

Unit Type	Inventory Share	Sales Share (12M)	Demand Index	Status
2BR	48.4% 105 units	60.2% 80 sold	1.24	🔥 HIGH DEMAND
1BR	27.2% 59 units	21.1% 28 sold	0.78	⚠️ LOW DEMAND
3BR	24.4% 53 units	18.8% 25 sold	0.77	⚠️ LOW DEMAND

Recent Transactions

Date	Area	Rooms	Price	PSF	Status	Ownership
3 Jul 2026	MADINAT AL MATAAR	3BR	AED 1.69M	AED 1,219/sqft	Off-plan	Freehold
26 Jun 2026 Published 29 Jun 2026	MADINAT AL MATAAR	3BR	AED 1.85M	AED 1,435/sqft	Off-plan	Freehold
4 Jun 2026	MADINAT AL MATAAR	3BR	AED 1.85M	AED 1,435/sqft	Off-plan	Freehold
4 Jun 2026	MADINAT AL MATAAR	3BR	AED 1.72M	AED 1,363/sqft	Off-plan	Freehold
2 Jun 2026 Published 3 Jun 2026	MADINAT AL MATAAR	2BR	AED 1.18M	AED 1,215/sqft	Off-plan	Freehold
1 Jun 2026 Published 2 Jun 2026	MADINAT AL MATAAR	3BR	AED 2.09M	AED 1,251/sqft	Off-plan	Freehold
4 May 2026	MADINAT AL MATAAR	1BR	AED 967K	AED 1,260/sqft	Off-plan	Freehold
1 May 2026	MADINAT AL MATAAR	1BR	AED 798K	AED 1,240/sqft	Off-plan	Freehold
1 May 2026 Published 4 May 2026	MADINAT AL MATAAR	2BR	AED 1.40M	AED 1,422/sqft	Off-plan	Freehold
27 Apr 2026 Published 28 Apr 2026	MADINAT AL MATAAR	1BR	AED 848K	AED 1,205/sqft	Off-plan	Freehold
24 Apr 2026 Published 27 Apr 2026	MADINAT AL MATAAR	3BR	AED 2.00M	AED 1,559/sqft	Off-plan	Freehold
22 Apr 2026	MADINAT AL MATAAR	2BR	AED 1.28M	AED 1,320/sqft	Off-plan	Freehold
14 Apr 2026	MADINAT AL MATAAR	3BR	AED 2.00M	AED 1,559/sqft	Off-plan	Freehold
1 Apr 2026 Published 2 Apr 2026	MADINAT AL MATAAR	3BR	AED 2.26M	AED 1,260/sqft	Off-plan	Freehold
24 Mar 2026	MADINAT AL MATAAR	2BR	AED 1.48M	AED 1,499/sqft	Off-plan	Freehold
24 Mar 2026	MADINAT AL MATAAR	2BR	AED 1.18M	AED 1,209/sqft	Off-plan	Freehold
12 Mar 2026	MADINAT AL MATAAR	3BR	AED 1.82M	AED 1,446/sqft	Off-plan	Freehold
12 Mar 2026	MADINAT AL MATAAR	2BR	AED 1.28M	AED 1,314/sqft	Off-plan	Freehold
12 Mar 2026	MADINAT AL MATAAR	3BR	AED 2.07M	AED 1,493/sqft	Off-plan	Freehold
12 Mar 2026	MADINAT AL MATAAR	3BR	AED 1.88M	AED 1,468/sqft	Off-plan	Freehold
12 Mar 2026	MADINAT AL MATAAR	2BR	AED 1.29M	AED 1,315/sqft	Off-plan	Freehold
11 Mar 2026	MADINAT AL MATAAR	3BR	AED 1.90M	AED 1,470/sqft	Off-plan	Freehold
11 Mar 2026	MADINAT AL MATAAR	2BR	AED 1.47M	AED 1,493/sqft	Off-plan	Freehold
5 Mar 2026	MADINAT AL MATAAR	2BR	AED 1.29M	AED 1,327/sqft	Off-plan	Freehold
16 Feb 2026 Published 17 Feb 2026	MADINAT AL MATAAR	2BR	AED 1.33M	AED 1,332/sqft	Off-plan	Freehold
9 Feb 2026	MADINAT AL MATAAR	3BR	AED 2.04M	AED 1,469/sqft	Off-plan	Freehold
9 Feb 2026	MADINAT AL MATAAR	2BR	AED 2.22M	AED 1,144/sqft	Off-plan	Freehold
9 Feb 2026	MADINAT AL MATAAR	3BR	AED 2.03M	AED 1,463/sqft	Off-plan	Freehold
4 Feb 2026	MADINAT AL MATAAR	3BR	AED 1.90M	AED 1,470/sqft	Off-plan	Freehold
4 Feb 2026 Published 5 Feb 2026	MADINAT AL MATAAR	1BR	AED 789K	AED 1,240/sqft	Off-plan	Freehold