Avenew888 - Modo, Madinat Al Mataar

    Sold Prices · DLD Data

    Avenew888 - Modo

    Madinat Al Mataar, Dubai · Dubai South Residential District

    AED 1,370

    Avg Price / sqft

    AED 1.6M

    Avg Sale Price

    36

    DLD Sales Recorded

    10.7%

    Est. Gross Yield

    Market snapshot

    Avenew888 - Modo — the numbers

    Avenew888 - Modo is a residential building in Madinat Al Mataar, Dubai with approximately 224 units. Dubai Land Department records show 36 sales in the building, at an average price of AED 1.6M — around AED 1,370 per square foot.

    Since January 2026, 35 sales completed in Avenew888 - Modo, with the average price per square foot moving from AED 1,405 to AED 1,340 (-4.6%). That softening can open negotiating room for buyers.

    Benchmarked against average residential rents in Madinat Al Mataar, a typical unit in Avenew888 - Modo returns an estimated 10.7% gross rental yield before service charges — a useful starting point for investors comparing towers across Madinat Al Mataar.

    Figures are from Dubai Land Department transaction records for Avenew888 - Modo; individual units vary by floor, view and finish. Gross yield is estimated against average Madinat Al Mataar residential rents, before service charges.

    Price trend

    Price trend in Avenew888 - Modo

    Average sale price per sqft by month since January 2026 (single-sale months excluded)-4.6%

    1,3201,3571,393Jan 26: AED 1,405/sqft · 6 salesJan 26Feb 26: AED 1,353/sqft · 6 salesFeb 26Mar 26: AED 1,403/sqft · 10 salesMar 26Apr 26: AED 1,381/sqft · 5 salesApr 26May 26: AED 1,308/sqft · 3 salesMay 26Jun 26: AED 1,340/sqft · 5 salesJun 26

    Unit types

    Prices by unit type

    1 Bed

    AED 851K

    AED 1,236/sqft

    4 sales · last 12 months

    2 Bed

    AED 1.4M

    AED 1,326/sqft

    13 sales · last 12 months

    3 Bed

    AED 1.9M

    AED 1,428/sqft

    19 sales · last 12 months

    Transactions

    Recent sold prices

    DateTypeBedsSize (sqft)PriceAED/sqft
    03 Jul 2026Sales31,389AED 1.7MAED 1,219
    26 Jun 2026Sales31,291AED 1.9MAED 1,435
    04 Jun 2026Sales31,291AED 1.9MAED 1,435
    04 Jun 2026Sales31,261AED 1.7MAED 1,363
    02 Jun 2026Sales2968AED 1.2MAED 1,215
    01 Jun 2026Sales31,674AED 2.1MAED 1,251
    04 May 2026Sales1767AED 967KAED 1,260
    01 May 2026Sales2985AED 1.4MAED 1,422
    01 May 2026Sales1643AED 798KAED 1,240
    27 Apr 2026Sales1704AED 848KAED 1,205
    24 Apr 2026Sales31,283AED 2.0MAED 1,559
    22 Apr 2026Sales2969AED 1.3MAED 1,320
    14 Apr 2026Sales31,283AED 2.0MAED 1,559
    01 Apr 2026Sales31,796AED 2.3MAED 1,260
    24 Mar 2026Sales2975AED 1.2MAED 1,209
    24 Mar 2026Sales2985AED 1.5MAED 1,499
    12 Mar 2026Sales31,385AED 2.1MAED 1,493
    12 Mar 2026Sales31,281AED 1.9MAED 1,468
    12 Mar 2026Sales31,261AED 1.8MAED 1,446
    12 Mar 2026Sales2983AED 1.3MAED 1,315

    About the area

    Avenew888 - Modo is in Dubai South

    Dubai South is an emerging urban development that aims to create a dynamic environment for residents and businesses alike. Spanning 145 square kilometers, this master-planned community is developed by Dubai South and is ideally situated near Al Maktoum International Airport, providing seamless access to major transport routes.

    Explore the Dubai South area guide

    Nearby

    Other buildings in Madinat Al Mataar

    FAQ

    Avenew888 - Modo: frequently asked questions

    What is the average price in Avenew888 - Modo?

    The average recorded sale price in Avenew888 - Modo, Madinat Al Mataar is AED 1.6M, around AED 1,370 per square foot, based on Dubai Land Department transaction data.

    Are prices in Avenew888 - Modo going up or down?

    Average sale prices in Avenew888 - Modo have eased -4.6% per square foot since January 2026, across 35 DLD-recorded sales.

    What rental yield can I expect in Avenew888 - Modo?

    Based on average Madinat Al Mataar residential rents against sale prices in the building, a typical unit in Avenew888 - Modo yields roughly 10.7% gross per year, before service charges and fees.

    How many properties have sold in Avenew888 - Modo?

    36 sales have been recorded in Avenew888 - Modo according to DLD data, across approximately 224 units.

    Considering Avenew888 - Modo?

    Get honest, DLD-backed guidance on pricing, yields and availability in Madinat Al Mataar from Binayah's advisors — no pressure, just the numbers.

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