Shoaq Residences – Luxury Waterfront Living at Dubai Islands

STARTS FROM

2,309,000 AED

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

FeatureDetails
DeveloperAvenew Properties
LocationDubai Islands (formerly Palm Deira), Dubai
Property TypeApartments, Penthouses & Townhouses
Starting PriceAED 2,309,000
Government Fee4% (DLD Registration Fee)
Unit StatusOff-Plan (Under Construction)
OwnershipFreehold
Estimated CompletionOctober 30, 2027
ViewsPanoramic Ocean, Private Beach, and Deira Skyline

Features & Amenities

FeatureDetails
Beach & WaterDirect private beach access, water sports center, and marina promenade
Wellness & PoolsIndoor and outdoor infinity pools, yoga studios, and a luxury spa
Active LifestyleState-of-the-art gym, jogging trails, and cycling tracks
Social & LeisureResidents’ cinema room, community event spaces, and BBQ areas
NatureLandscaped gardens, kids’ parks, and green surroundings
Convenience24/7 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

StagePercentageNotes
Down Payment10%Paid at the time of booking
During Construction40%Paid in structured installments throughout the build
On Handover50%Final balance due upon completion (Oct 2027)

Floor Plans

Unit TypeSize Range (Sq. Ft.)Key Features
1-Bedroom Apartment730 – 1,130 Sq. Ft.Floor-to-ceiling windows and large sunlit balconies
2-Bedroom Apartment1,398 – 1,722 Sq. Ft.Master suite with walk-in closet and laundry room
3-Bedroom Apartment2,424 – 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?

Interested in this property?

Get in touch for more details or to schedule a viewing.

What Our Clients Say About Cresco

We’ve helped hundreds of clients buy, sell, and invest in Dubai — here’s what a few of them had to say about their experience with us.

4.9
Based on 70 reviews
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Samer A.
03:46 17 Apr 25
Rania A.
20:03 15 Apr 25
Umer is very professional and efficient. He helped us find our home.
Raza N.
12:04 15 Apr 25
Dilshad Ali K.
17:16 13 Apr 25
They are Great Company to work with through professional approach with end to end services to Property business in Dubai
Specialised in Offplan & secondary consultancy
Malik C.
16:25 13 Apr 25
Sachin M.
16:25 13 Apr 25
I had a fantastic experience with Cresco Real Estate LLC. Their support and guidance helped me find the perfect home in Dubai. Extremely professional, knowledgeable, and always available with the right advice. Truly one of the best in the business – I highly recommend Cresco Real Estate to anyone looking to buy property in Dubai!
Malik K.
06:39 20 Nov 24
I had an amazing experience with Cresco Real Estate Dubai! Their team is incredibly professional, knowledgeable, and genuinely dedicated to providing top-notch service. They guided me through every step of the property buying process, ensuring that all my questions were answered and that I felt confident with my decisions.

What truly sets them apart is their attention to detail and their ability to understand client needs. They went above and beyond to find the perfect property for me, making the entire experience smooth and stress-free.

If you’re looking for the best real estate services in Dubai, I highly recommend Cresco Real Estate. They deliver excellence and professionalism at every turn!
Imran R.
11:33 19 Nov 24
I recently worked with Cresco Real Estate, and I couldn’t be happier with the experience. Their team was professional, knowledgeable, and highly responsive throughout the entire process. They took the time to understand my needs, whether it was finding the perfect property or negotiating a favorable deal.

From start to finish, the communication was seamless, and I always felt like a priority. They provided expert advice, answered all my questions, and made what could have been a stressful process smooth and straightforward.

I would highly recommend Cresco to anyone looking to buy, sell, or rent. Their dedication and expertise truly set them apart.

If you’d like to personalize this review, let me know the details!
Faheem A.
10:57 19 Nov 24
An excellent real estate company with exceptional consultants! Their professionalism and expertise made the entire process smooth and stress-free. Highly recommend their services to anyone looking for reliable and knowledgeable guidance in real estate!

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Interested in this property?

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