About Avenew Development
Avenew Development is a new real estate developer in Dubai, established in 2024 with a clear vision to build practical and well-designed homes instead of repeating common market designs. The company focuses on quality construction, smart layouts, and comfortable living spaces created for real residents. With experienced leadership and strong industry knowledge, Avenew Development aims to deliver residential projects that combine long-term value, modern architecture, and strong investment potential.
- Founded in 2024 in Dubai
- Focused on building functional and modern residential communities
- Strong focus on quality instead of marketing hype
- Led by experienced professionals with deep knowledge of the Dubai property market
- Focus on creating homes based on real lifestyle needs
- Commitment to long-term property value and buyer trust
Leadership Team
- Founded by Rasha Hassan, with nearly 20 years of experience in banking and real estate
- Previously involved in projects connected with major UAE developers like Emaar, Nakheel and Dubai Holdings
- Strong understanding of sales strategy, planning and customer needs
- Co-led by Issam Galadari, known for his work on major developments
- Experience includes large projects such as Downtown Dubai, One Za'abeel and Deira Enrichment Project
- Leadership brings both development knowledge and city-scale planning experience
Head Office Location
- Main office located at Shangri-La Offices Tower
- Situated on Sheikh Zayed Road
- Central business location reflecting the company's professional presence
- Avenew positions itself as a developer of self-contained communities
First Project – Rena by Avenew Development
- First residential project by the developer
- Located on Dubai Islands
- First coastline location with waterfront views
- Modern design with carefully planned architecture
- Developed in partnership with Al Tamayoz Contracting Co. LLC
- Focus on construction quality and reliable delivery
- Designed with natural light, privacy and open views
- Apartments and penthouses with panoramic sea views
- Calm waterfront lifestyle while staying connected to Dubai city life
Second Project – Shoaq by Avenew Development
- Second residential development on Dubai Islands
- Name inspired by an Arabic word meaning desire and emotional connection
- Focus on privacy and peaceful living
- Seafront location with modern architecture
- Large windows and balconies with open views
- Design focused on simplicity, comfort and space
- Continuation of Avenew’s residential concept
Why Dubai Islands Location Matters
- Both projects located in the growing Dubai Islands area
- Area supported by Dubai government development plans
- Rapid infrastructure growth
- Improving transport connectivity
- Rising demand expected in coming years
- Early investment opportunity while prices remain accessible
Technology and Construction Approach
- Focus on energy-efficient solutions
- Smart space planning concepts
- Detail-focused construction process
- Every design decision based on practical use
- Balance between design quality and construction reliability
Off-Plan Projects

O1NE District Dawn
at Dubai Motor City
Project Type: Office Space
Payment Plan: Easy
Handover Date: Announcing Soon

LIA by Avenew
at Dubai Islands
Project Type: Apartments & Penthouses
Payment Plan: 50/50
Handover Date: Q1 - 2028

LOOM at AVENEW888
at Dubai South
Project Type: Apartment & Duplex Apartments
Payment Plan: 50/50
Handover Date: Q2 - 2028

Avenew 888 Loom
at Dubai South
Project Type: Apartment
Payment Plan: 50/50
Handover Date: Q2 - 2028

Modo at Avenew 888
at Dubai South
Project Type: Apartment
Payment Plan: 60/40
Handover Date: Q1 - 2028

Avenew 888
at Dubai South
Project Type: Apartment & Duplex
Payment Plan: 60/40
Handover Date: Q1 - 2028

Lia Residences
at Dubai Islands
Project Type: Apartments & Penthouse
Payment Plan: 50/50
Handover Date: Q1 - 2028

Shoaq Residences
at Dubai Islands
Project Type: Apartment, Penthouse & Villa
Payment Plan: 50/50
Handover Date: Q3 - 2027

Silena by Avenew
at Dubai Islands
Project Type: Apartment & Townhouse
Payment Plan: 50/50
Handover Date: Q2 - 2028

Rena Residences
at Dubai Islands
Project Type: Apartments & Townhouses
Payment Plan: 60/40
Handover Date: Dec - 2027