Price, payment plan and homes
Price per propertyfinder.ae, 1 Oct 2026- From
- AED 2.31M
- ≈ $629K
- Bedrooms
- 1 bed to 5 bed
- 730 – 6,517 sqft · 78 units
- Payment plan
- 10/40/50
- AED 231K to book
- Handover
- Q4 2027
- 0% built per the DLD
Homes and floor plans
78 homes · FreeholdPick a home: the plan and the forecast follow it.
- 3 bedApartmentfrom 2,424 sqftNot listed
- 3 bedTownhousefrom 4,702 sqftNot listed
- 5 bedPenthousefrom 6,517 sqftNot listed
Payment plan · 1-bed apartment
On AED 2.31M- 10% at bookingAED 231K
- 40% during construction, until handover (Q4 2027)AED 924K
- 50% on handover (Q4 2027)AED 1.15M
Before the keys: AED 1.15M, 50% of the price.
Avenew Properties’ own file on propertyfinder.ae, checked 30 Sep 2026
Location · Dubai Islands · Dubai
Nakheel island group off Deira, formerly Palm Deira, with beaches and low-rise apartments.
More in Dubai Islands
Compare side by sideAll projects in Dubai Islands
The in-depth review
Why it scores 59
Price per sqft vs registered sales
Dubai Land Department open dataAED 3,232/sqft (est.)
The DLD median for apartments in Dubai Islands is AED 2,795/sqft (as of 10 Nov 2026). This project's figure is our estimate from the listed prices and unit sizes, so no gap is shown here; the score's price factor reads it at half weight, capped at 70. The gap appears once the register shows ten of this project's own sales or the developer states a price per sqft.
How the 59 was scored
8 of 8 factors · 100% of the weight · 10 Nov 2026- 01Price against what buyers actually paidAssessed · weight 25
- 02Developer track recordAssessed · weight 20
- 03Payment planAssessed · weight 10
- 04Location and infrastructureAssessed · weight 15
- 05How big the resale market isAssessed · weight 10
- 06Construction on scheduleAssessed · weight 15
- 07How much is still being built nearbyAssessed · weight 5
- 08The basics on fileAssessed · weight 0
How each factor was measured
Each factor with what it was measured on. Its score and the reasoning are in the full breakdown.
- Price against what buyers actually paid
- Our estimate from its typical home, against the median of 1,153 off-plan sales in Dubai Islands · DLD
- Developer track record
- Our rating and who stands behind it
- Payment plan
- 10% down · 40% during construction · 50% on handover
- Location and infrastructure
- Our rating of Dubai Islands, and 5 kinds of places measured from the pin · OpenStreetMap
- How big the resale market is
- 24 resales of finished apartments in Dubai Islands this year · DLD
- Construction on schedule
- 0% built on the DLD register, handover Q4 2027
- How much is still being built nearby
- 3,857 homes sold in Dubai Islands this year, 99% off-plan · DLD
- The basics on file
- Registration or escrow number on file · DLD
Confidence low: the price figure is our estimate from the price and size of the typical home, not a registered or stated price.
58 → 59 10 Nov 2026, price, resale factorsScored since 24 Sep 2026 · 5 score changes
The formula is public: how the Rendr Score works. Our opinion, not investment advice. A figure you believe is wrong: alexk.dxb02@gmail.com.
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The full breakdown behind the 59
Free for 90 days. One sign-up opens everything on the site: the breakdown behind all 1,673 scored projects, the figures and reasons behind the developers' ranking, and rent, a mortgage and fees in every forecast. Nothing to pay.
- All 8 factor scores, with the figure and source behind each
- Score history since 24 Sep 2026 and why each move happened
Everything behind the 59, and behind every other score on the site.
- Projects scored
- 1,673
- projects scored
- Factors
- 8
- factors, formula public
- Registers
- ADREC · DLD
- registered sales, not asking prices
Handover date
Q4 2027
Announced · 0% built, the DLD's projects file (data.dubai, loaded 2026-06-15), 15 Jun 2026
What this means
Also due in 2027 in Dubai Islands: 50 more projects we list
Avenew Properties: nothing delivered in the last ten years, none cancelled.
Shoaq Residences is due to hand over in Q4 2027. Construction is 0% complete according to the DLD's projects file (data.dubai, loaded 2026-06-15) (15 Jun 2026). Handover dates are the developer's own estimate and off-plan schedules move, so confirm the current date in writing before paying anything.
DLD registration status
Verified 1 Oct 2026- Project registration3630
- Escrow accountNot published yet
- Developer licenceNot published yet
Where the figures come from
Check it on dubailand.gov.ae. How to read the DLD register.
Figures from propertyfinder.ae, read 1 Oct 2026, last verified 1 Oct 2026. Construction figure from the DLD's projects file (data.dubai, loaded 2026-06-15), 15 Jun 2026. Launch date from the DLD's projects file (data.dubai, loaded 2026-06-15).
Before you pay: four things to check
1The escrow account
We hold no escrow account number. Ask the developer for it, and check it on dubailand.gov.ae before paying.2The handover date
The listed date is Q4 2027. Ask for the date in the sales agreement.3Today's price list
AED 2,309,000 is a starting price from propertyfinder.ae, 1 Oct 2026. Ask for the unit's own price.4The instalment dates
10% at booking, 40% during construction, 50% at handover. Ask for each payment's date and amount.
About
Shoaq Residences is Avenew's apartment tower in Dubai Islands, Dubai, with three-bedroom townhouses from about 4,702 sq ft, one to three-bedroom apartments from about 730 to 2,424 sq ft and five-bedroom penthouses from about 6,517 sq ft.
- Developer
- Avenew Properties
- Area
- Dubai Islands
- Status
- Announced
- Sales launch
- 30 Sep 2025
- Total units
- 78
- Ownership
- Freehold
Amenities
- Indoor Swimming Pool
- Landscaped Gardens
- CCTV Security
- Gymnasium
- Restaurants
- Children's Play Area
What’s nearby
straight-line distance- Beach90 m
- Supermarket or mall2.2 km
- School3.2 km
- Hospital or clinic3.5 km
- Metro or tram stop5.6 km
The nearest of each on OpenStreetMap, Sep 2026.
Shoaq Residences: questions buyers ask
How much does Shoaq Residences cost?
Prices at Shoaq Residences start from AED 2,309,000 (about $629K) and reach AED 4,615,000 for 1-bedroom, 2-bedroom, 3-bedroom and 5-bedroom homes, per propertyfinder.ae on 1 Oct 2026.
What is the price per sqft at Shoaq Residences?
The asking price is around AED 3,232 per sqft, our estimate from the listed prices and unit sizes.
When is the Shoaq Residences handover date?
Shoaq Residences is expected to hand over in Q4 2027. The project is announced, 0% built according to the DLD's projects file (data.dubai, loaded 2026-06-15).
What is the Shoaq Residences payment plan?
Shoaq Residences is offered on a 10/40/50 plan: 10% on booking, 40% during construction and 50% at handover.
What is the Rendr Score of Shoaq Residences?
Shoaq Residences scores 59 of 100 on the Rendr Score, fair, as of 10 Nov 2026; 8 of its 8 factors are assessed, 100% of the weight.
Who is the developer of Shoaq Residences?
Shoaq Residences is being developed by Avenew Properties. It sits in Dubai Islands, Dubai.
Is Shoaq Residences registered with DLD?
Shoaq Residences is registered with the Dubai Land Department (DLD) under number 3630. Check it at dubailand.gov.ae before you pay.
Changes
Listed 24 Sep 2026 · 2 changes since, last 9 Oct 2026
Construction 0% complete
Source: the DLD's projects file (data.dubai, loaded 2026-06-15), 15 Jun 2026
Sales launch date set to 30 Sep 2025
Source: the DLD's projects file (data.dubai, loaded 2026-06-15)
Listed on the site
Source: propertyfinder.ae, read 24 Sep 2026