Cheval Residences by Avenew on Dubai Islands

Cheval Residences by Avenew is an off-plan furnished apartment development on Dubai Islands. The project is built around serviced hotel residences, which puts it closer to a hospitality-led residential product than a standard apartment building. The current release covers 1-bedroom, 2-bedroom and 3-Bedroom apartments, with prices starting from 2 983 000 AED (812 300 $), a 50/50 payment plan and handover scheduled for Q1 2029.

The project has a clear position. Cheval Residences by Avenew is designed for buyers who want a private apartment alongside the comfort of a managed building. Included services cover concierge, 24-hour security, public-area housekeeping, building management and maintenance. Optional services extend to housekeeping, transport arrangements, culinary and event support, in-residence wellness, personal care, technical support and executive support.

The design direction is calm and controlled. The building uses linear geometry with warm materials – natural wood, glass, dark finishes, champagne-toned metal and marble surfaces. Greenery runs through terraces and pathways, so the building reads less like a hard urban block. Outdoor areas, open terraces and water-focused spaces are part of the lifestyle offer rather than decorative afterthoughts.

Amenities lean hotel-side rather than purely residential. Residents have access to a grand lobby, infinity pool, pool bar, beach access, rooftop terrace, private gym, spa and sauna, and landscaped gardens. For both end users and investors, that depth matters: the project has more to offer than floor plans alone, and that distinction counts in a crowded off-plan market.

Dubai Islands is the other major part of the story. The district is still developing, but its direction is clear – waterfront living, beaches, promenades, marina infrastructure, leisure zones and improving Connectivity back into the city. The project sits within reach of Deira, Dubai Creek, Dubai International Airport, Downtown Dubai, Dubai Mall, DIFC, Business Bay, Jumeirah and Burj Al Arab.

That matters because the project is not relying on the building alone. Dubai Islands adds a broader setting: sea-facing leisure, planned retail and lifestyle zones, access to older Dubai through Deira, and workable routes toward Downtown Dubai and the airport. Buyers who want to avoid the density of central districts may find this more livable, while still keeping the city close enough for work, travel and weekend movement.

That location also gives the project a different investment logic from inland communities. Buying here means entering a developing coastal district before it reaches maturity. If Dubai Islands continues on its current trajectory, the combination of a waterfront address, furnished apartments and service-led operation can support both personal-use demand and rental demand.

The service layer also strengthens the resale and rental story. Furnished apartments with concierge, security, optional housekeeping, travel support and wellness services are easier to present to a tenant or future buyer than a bare shell unit. The building has a legible lifestyle proposition – beach access, infinity pool, rooftop terrace, spa, gym and managed services. In a market full of off-plan apartments, that legibility is worth something.

Live unit data puts the price bands in plain view. Available 1-bedroom apartments range from 763 to 965 sqft, or roughly 70.9 to 89.7 m², priced from 2 983 000 AED (812 300 $) to 3 878 000 AED (1 056 000 $). Available 2-bedroom apartments run from 1 156 to 1 890 sqft, approximately 107.4 to 175.6 m², priced from 5 051 000 AED (1 375 400 $) to 7 119 000 AED (1 938 400 $). Current 3-Bedroom availability is 4 322 sqft, or around 401.5 m², at 13 399 000 AED (3 648 500 $).

The 50/50 payment plan is a practical advantage. Buyers commit 10% on booking, 40% During construction and 50% on handover. For investors, the larger payment falls closer to delivery, and the Q1 2029 timeline gives Dubai Islands time to build out more of its surrounding infrastructure and lifestyle offer.

There are costs worth reading carefully. The Service Charge is listed at 38 AED/sqft, so buyers should approach this as a serviced lifestyle residence rather than a low-overhead apartment purchase. That is not a weakness in itself – it simply means the financial model needs to account for the higher service environment and the type of tenant or end user who will actually value it.

Cheval Residences by Avenew suits buyers who want a furnished waterfront apartment with a service layer, not just a unit in a tower. Its case rests on Dubai Islands, the serviced-residence concept, beach and wellness amenities, low-rise scale and a payment structure that spreads the purchase cost over time rather than concentrating it upfront.

Frequently Asked Questions of Cheval Residences by Avenew