Building guide, Dubai Islands

Cheval Residences Dubai Islands, Dubai

Cheval Residences is a beachfront building of 99 serviced one, two and three bedroom residences on the north eastern side of Dubai Islands, developed by AVENEW Development and Wadeen Developers. It will be run by the UK hospitality group Cheval Collection, its first seafront property in the Middle East, with completion expected in 2029.

Key facts

Developers: AVENEW Development and Wadeen Developers
Operator: Cheval Collection
Community: Dubai Islands, Deira
Status: Off plan
Units: 99
Unit types: 1 to 3 bedroom serviced residences
Launched: April 2026
Expected completion: 2029

Homes on the market now

Our Sept 2026 snapshot of homes publicly on the market in Cheval Residences, grouped by type. Indicative only, not listings or offers.

Currency

Home	Listed	Asking	Sold (12 mo)
1 BR	~6	AED 2.8M	AED 3.7M
2 BR	~10	AED 5.6M	AED 5.9M
3 BR	~1	AED 13M	AED 8.3M

Sold = registered sales, last 12 months. About AED 4,249 per sq ft.

Home	Listed	Asking	Sold (12 mo)	Size	Per sq ft
For sale
1 BR	~6	AED 2.8M	AED 3.7M	818 sq ft	AED 3,470
2 BR	~10	AED 5.6M	AED 5.9M	1,380 sq ft	AED 4,215
3 BR	~1	AED 13M	AED 8.3M	4,322 sq ft	AED 3,100

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Recent registered sales in Cheval Residences

40 sales were registered with the Dubai Land Department in Cheval Residences from 26 September 2025 to 25 September 2026, 40 of them off plan. The latest 15, newest first:

1 BR · 845 sq ftSept 2026 · off planAED 3,667,000AED 4,340 / sq ft
2 BR · 1,454 sq ftSept 2026 · off planAED 5,737,900AED 3,947 / sq ft
1 BR · 965 sq ftJul 2026 · off planAED 3,878,000AED 4,017 / sq ft
2 BR · 1,469 sq ftJun 2026 · off planAED 6,419,980AED 4,369 / sq ft
1 BR · 822 sq ftJun 2026 · off planAED 3,489,000AED 4,247 / sq ft
1 BR · 938 sq ftJun 2026 · off planAED 3,544,000AED 3,777 / sq ft
3 BR · 1,976 sq ftJun 2026 · off planAED 8,439,000AED 4,271 / sq ft
1 BR · 965 sq ftJun 2026 · off planAED 3,809,000AED 3,947 / sq ft
3 BR · 1,874 sq ftJun 2026 · off planAED 8,073,000AED 4,307 / sq ft
2 BR · 1,419 sq ftJun 2026 · off planAED 6,048,000AED 4,262 / sq ft
2 BR · 1,338 sq ftJun 2026 · off planAED 5,884,000AED 4,397 / sq ft
2 BR · 1,469 sq ftJun 2026 · off planAED 6,260,000AED 4,260 / sq ft
2 BR · 1,337 sq ftJun 2026 · off planAED 5,617,000AED 4,200 / sq ft
2 BR · 1,494 sq ftJun 2026 · off planAED 5,610,000AED 3,756 / sq ft
1 BR · 871 sq ftJun 2026 · off planAED 3,483,000AED 3,997 / sq ft

Month	Home	Size	Price	Per sq ft
Sept 2026off plan	1 BR	845 sq ft	AED 3,667,000	AED 4,340
Sept 2026off plan	2 BR	1,454 sq ft	AED 5,737,900	AED 3,947
Jul 2026off plan	1 BR	965 sq ft	AED 3,878,000	AED 4,017
Jun 2026off plan	2 BR	1,469 sq ft	AED 6,419,980	AED 4,369
Jun 2026off plan	1 BR	822 sq ft	AED 3,489,000	AED 4,247
Jun 2026off plan	1 BR	938 sq ft	AED 3,544,000	AED 3,777
Jun 2026off plan	3 BR	1,976 sq ft	AED 8,439,000	AED 4,271
Jun 2026off plan	1 BR	965 sq ft	AED 3,809,000	AED 3,947
Jun 2026off plan	3 BR	1,874 sq ft	AED 8,073,000	AED 4,307
Jun 2026off plan	2 BR	1,419 sq ft	AED 6,048,000	AED 4,262
Jun 2026off plan	2 BR	1,338 sq ft	AED 5,884,000	AED 4,397
Jun 2026off plan	2 BR	1,469 sq ft	AED 6,260,000	AED 4,260
Jun 2026off plan	2 BR	1,337 sq ft	AED 5,617,000	AED 4,200
Jun 2026off plan	2 BR	1,494 sq ft	AED 5,610,000	AED 3,756
Jun 2026off plan	1 BR	871 sq ft	AED 3,483,000	AED 3,997

Sizes, prices and yields by bedroom

From registered sales and Ejari rents over the same 12 months. Size range covers the middle 80% of sales.

1 BR · Sales 19
Typical size
866 sq ft
Per sq ft
AED 3,948
Size range
820 to 965 sq ft
2 BR · Sales 14
Typical size
1,421 sq ft
Per sq ft
AED 4,372
Size range
1,223 to 1,486 sq ft
3 BR · Sales 7
Typical size
1,941 sq ft
Per sq ft
AED 4,307
Size range
1,874 to 1,976 sq ft

Home	Sales	Typical size	Size range	Per sq ft
1 BR	19	866 sq ft	820 to 965 sq ft	AED 3,948
2 BR	14	1,421 sq ft	1,223 to 1,486 sq ft	AED 4,372
3 BR	7	1,941 sq ft	1,874 to 1,976 sq ft	AED 4,307

About Cheval Residences

Cheval Residences was announced in April 2026 as a three way partnership: Dubai based AVENEW Development and Wadeen Developers are building it, and Cheval Collection, a UK hospitality company known for long stay serviced apartments, will operate it. It is the group's first branded residences and its third property in Dubai, after Cheval Maison on The Palm and at Expo City Dubai.

The 99 homes are one, two and three bedroom serviced hotel residences, aimed at owners who want hotel style management with the privacy of a home. For investors, the operator's long stay model is a key part of the appeal.

The building sits on the beachfront of the north eastern island, further from the busier southern shore than most projects on Dubai Islands. The design focuses on natural light and a strong link to the beach, with a glass facade and fitness and leisure facilities for residents.

Amenities

Beachfront setting
Serviced residence management
Fitness and leisure facilities
Landscaped gardens
Children's play area
CCTV security

Location

Cheval Residences is on the beachfront of the north eastern part of Dubai Islands, a quieter corner away from the southern channel. The island hotels are just over a kilometre away, and Dubai International Airport is around 20 minutes by car.

Hotel Riu Dubai1.3 km
Centara Mirage Beach Resort Dubai1.4 km
Souk Al Marfa2.1 km
Waterfront Market2.1 km
City Centre Deira6.5 km
Dubai International AirportAbout 20 minutes by car

Cheval Residences: common questions

How much does an apartment cost in Cheval Residences?+

In our Sept 2026 market snapshot, about 17 apartments in Cheval Residences were for sale, from AED 2.7M to AED 13M for 1 to 3 bedroom homes.

What have apartments in Cheval Residences sold for?+

Dubai Land Department records show 40 sales in Cheval Residences from 2025-09-26 to 2026-09-25. Typical sold prices: 1 bedroom AED 3.7M, 2 bedroom AED 5.9M, 3 bedroom AED 8.3M, about AED 4,249 per sq ft.

How much does a 1 bedroom apartment in Cheval Residences cost?+

A typical 1 bedroom apartment in Cheval Residences sold for about AED 3.7M, based on 19 sales registered with the Dubai Land Department from 26 September 2025 to 25 September 2026. The typical size is 866 sq ft, about AED 3,948 per sq ft.

Who will run Cheval Residences?+

Cheval Collection, a UK hospitality company known for long stay serviced apartments, will operate the building.

Who are the developers?+

AVENEW Development and Wadeen Developers are developing the project in partnership with Cheval Collection.

How many residences are there?+

There are 99 one, two and three bedroom serviced residences.

When will it be completed?+

Completion is anticipated in 2029.

Is it on the beach?+

Yes. It is a beachfront project and Cheval Collection's first seafront property in the Middle East.

Compare every tower on the 3D map: units available, bedroom mix and prices.

Other building guides in Dubai Islands

Sources: Hospitality Net: Cheval Residences Dubai Islands, Gulf News: launch of Cheval Residences, Property Finder: Cheval Residences. Asking prices: EQT snapshot of homes on the market, Sept 2026. Source for sold prices and signed rents: Dubai Land Department open data via Data.Dubai, 2025-09-26 to 2026-09-25. Rating: Google.