Shoaq Residences is a signature residential project developed by Avenew Properties, perfectly located on the revitalized shores of Dubai Islands. Inspired by the Arabic word Shoaq, which signifies deep yearning and aspiration, this boutique G+7 project is crafted to be a haven for those looking for a sophisticated waterfront lifestyle. The architecture reflects the organic forms of the Arabian Gulf’s waves, showcasing a minimalist glass exterior that harmonizes with the surrounding sands and sea.
The development providing an exclusive collection of only 78 units, including 1 to 3-bedroom apartments, signature penthouses, plus a limited selection of 3-bedroom beach townhouses. Every particular home is a sanctuary of natural light, equipped with smart home technology and premium materials. Construction officially commenced in October 2025, and the project is on track for an estimated completion in October 2027.
Property Details
| Feature | Details |
| Developer | Avenew Properties |
| Location | Dubai Islands (formerly Palm Deira), Dubai |
| Property Type | Apartments, Penthouses & Townhouses |
| Starting Price | AED 2,309,000 |
| Government Fee | 4% (DLD Registration Fee) |
| Unit Status | Off-Plan (Under Construction) |
| Ownership | Freehold |
| Estimated Completion | October 30, 2027 |
| Views | Panoramic Ocean, Private Beach, and Deira Skyline |
Features & Amenities
| Feature | Details |
| Beach & Water | Direct private beach access, water sports center, and marina promenade |
| Wellness & Pools | Indoor and outdoor infinity pools, yoga studios, and a luxury spa |
| Active Lifestyle | State-of-the-art gym, jogging trails, and cycling tracks |
| Social & Leisure | Residents’ cinema room, community event spaces, and BBQ areas |
| Nature | Landscaped gardens, kids’ parks, and green surroundings |
| Convenience | 24/7 concierge, EV charging stations, and a business/co-working center |
Location & Connectivity
Positioned within the central hub of Dubai Islands, Shoaq Residences provides seamless transit to both the historical and modern hearts of Dubai:
- 06 mins, Infinity Bridge & Dubai Hospital
- 10 mins, Al Mamzar Beach Park
- 15 mins, Deira City Centre
- 18 mins, Dubai International Airport (DXB)
- 26 mins, Downtown Dubai & Burj Khalifa
- 35 mins, Palm Jumeirah
Payment Plan
| Stage | Percentage | Notes |
| Down Payment | 10% | Paid at the time of booking |
| During Construction | 40% | Paid in structured installments throughout the build |
| On Handover | 50% | Final balance due upon completion (Oct 2027) |
Floor Plans
| Unit Type | Size Range (Sq. Ft.) | Key Features |
| 1-Bedroom Apartment | 730 to 1,130 Sq. Ft. | Floor-to-ceiling windows and large sunlit balconies |
| 2-Bedroom Apartment | 1,398 to 1,722 Sq. Ft. | Master suite with walk-in closet and laundry room |
| 3-Bedroom Apartment | 2,424 to 3,040 Sq. Ft. | Expansive living zones with dual-aspect sea views |
| 3-Bedroom Townhouse | ~4,702 Sq. Ft. | Multi-level beach living with private gardens |
| 5-Bedroom Penthouse | ~6,517 Sq. Ft. | Rooftop terrace, private pool, and 360° coastal views |
Note: Exact layout plans and availability for the limited penthouses are available upon request.
Why Invest in Shoaq Residences
- First-Mover Opportunity: Dubai Islands is the city’s next major coastal destination, with property values projected to rise as infrastructure completes.
- Exclusive Beach Access: Direct beachfront property is a limited asset class in Dubai, ensuring high capital appreciation and rental demand.
- Golden Visa Eligibility: All residences exceed the AED 2M threshold, qualifying owners for the 10-year UAE Golden Visa.
- High ROI Potential: Waterfront properties on the Islands are currently yielding between 7% and 9% net returns on the secondary market.
- Trusted Developer: Avenew Properties focuses on design-led, high-spec boutique projects that maintain long-term premium value.
FAQs About Shoaq Residences
Q1: Is Shoaq Residences a freehold property?
A: Yes, it is a 100% freehold development, allowing full ownership for all nationalities.
Q2: What is the current construction status?
A: Construction started in October 2025 and is currently in the early enabling and foundation stages.
Q3: Does the building have private parking?
A: Yes, every unit includes assigned covered parking, with multiple spaces for townhouses and penthouses.
Q4: Are there retail outlets on-site?
A: Yes, Shoaq Residences features ground-floor retail and is a short walk from the central Marina promenade.
Q5: Can I resell the property before the handover?
A: Yes, investors can resell their units after meeting the developer’s minimum payment threshold (usually 30-40%).
Contact Cresco Real Estate Today
Would you like me to provide you with the detailed availability list for the 3-bedroom beach townhouses, or would you like to receive the floor plans for the 1-bedroom apartments starting from AED 2.3M?
More about Dubai Islands
Read the Cresco area guide to Dubai Islands. Prices, rental yields, handover timelines, schools, commute times and what actually sells there.
Open the Dubai Islands area guide
You may also want to read how buying off plan works and work out the rental yield.
What buyers actually registered in Dubai Islands
Dubai Land Department registered transactions, not advertised asking prices.
Between 30 June 2026 and 18 August 2026, 254 residential sales were registered in Dubai Islands. The median was AED 2,788,837 and the middle half fell between AED 2,294,121 and AED 3,865,707. This project is advertised from AED 2,309,000, which sits inside that range.
For the unit type this project leads with, 1 B/R, the registered median in Dubai Islands was AED 2,338,828 across 113 sales, at AED 2,700 per square foot and a median size of 839 sq ft.
| This project, advertised entry price | AED 2,309,000 |
| Registered median price, Dubai Islands | AED 2,788,837 |
| Middle half of registered sales | AED 2,294,121 to AED 3,865,707 |
| Registered median per sq ft | AED 2,649 |
| Registered median unit size | 1,121 sq ft |
| Share bought off plan | 100% |
| Off plan stock, median per sq ft | AED 2,649 from 254 sales |
| Registered residential sales in the period | 254 |
Registered sales by bedroom count in Dubai Islands
| Type | Sales | Median price | Per sq ft | Median size |
|---|---|---|---|---|
| 1 B/R | 113 | AED 2,338,828 | AED 2,700 | 839 sq ft |
| 2 B/R | 99 | AED 3,525,858 | AED 2,481 | 1,294 sq ft |
| 3 B/R | 29 | AED 4,264,356 | AED 2,315 | 1,750 sq ft |
Source: Dubai Land Department open data. Registered sales of residential units between 30 June 2026 and 18 August 2026. Mortgages and gift transfers are excluded because they are not arms length sales. Sizes are converted from square metres at 10.7639 sq ft per sq m. The entry price shown for this project is our advertised starting price and is not a registered transaction. Community figures are medians across every project in the community, not this project alone. We do not publish a price per square foot for this project because advertised size ranges are not a reliable basis for that calculation.
