Limited availability
Cheval Residences on Dubai Islands, Dubai
Serviced hotel residences with beach access, rooftop leisure spaces, and open sea views on Dubai Islands.
LAUNCH PRICE
From AED 2.8M
PAYMENT PLAN
50/50
HANDOVER
Q1 2029
ROI POTENTIAL
5–6%
About the Project
Overview of Cheval Residences
Cheval Residences Dubai Islands is a collection of serviced fully furnished hotel residences designed as a low-rise waterfront building with 99 exclusive units and panoramic views. The project is planned as a G+7 development with beach access, a rooftop terrace, infinity pool, pool bar, gym, and lobby reception. Residences come in 1, 2, and 3-bedroom formats.
5 minutes — Dubai Islands Golf Course
10 minutes — Deira and Gold Souk
15 minutes — Dubai International Airport
20 minutes — Downtown Dubai and DIFC
Project Details
Starting Price
From AED 2.8M
Handover
Q1 2029
Payment Plan
50/50
Area
763–4322 sq. ft
Property Type
Apartments
Bedrooms
1-3BR
Developer
Avenew Development x Wadeen Developers
Location
Island B, Dubai Islands, Dubai
Signature Features & Lifestyle Amenities
Cheval Residences is a boutique waterfront project on Dubai Islands, Island B, developed as a collection of fully furnished serviced hotel apartments. The building has a Ground + 7 Floors + Rooftop configuration and includes only 99 residences: 60 one-bedroom units, 31 two-bedroom units, and 8 three-bedroom units. Residents have access to private beach areas, rooftop leisure zones, and a number of premium spaces designed for daily use. The layouts are designed with large terraces, open living spaces, and panoramic views. Many units include oversized balconies and direct waterfront orientation, which is one of the main advantages of the project.
- Direct beach access
- Infinity pool
- Fully equipped gym
- Spa, sauna, and steam room
- Rooftop terrace
- Valet parking
- Underground covered parking
- Hotel-managed operations
- Fully furnished residences
- Modern fully equipped kitchens
Property Types
Cheval Residences offers a limited collection of only 99 residences across a single G+7 building. Available layouts include: 1-BR residences — from 763 to 1,205 sq. ft; 2-BR residences — from 1,156 to 1,890 sq. ft; 3-BR residences — from 1,874 to 4,322 sq. ft.
Property Type
Living Area
Starting Price
1-BR Apartments
1159 sq ft
|
2-BR Apartments
1,890 sq ft
| From AED 5.1M |
3-BR Apartments
4,322 sq ft
| From AED 8.3M |
Payment Plan
Cheval Residences follows a 50/50 payment structure designed for off-plan buyers who want a balanced schedule during construction.
10%
Down Payment
40%
During Construction
50%
On Handover
(Q1 2029)
Investment Potential
Cheval Residences is aimed at buyers looking for a premium beachfront asset in one of Dubai’s next major waterfront districts. Dubai Islands is still in its early growth phase compared with more mature coastal locations, which gives projects like this stronger long-term upside.
As of 2026:
- Direct beach access on Dubai Islands, Island B
- Hotel-managed operations
- Boutique scale with only 99 units
- 50/50 payment plan across seven staged instalments
- Fully furnished serviced hotel apartment format
- Estimated rental yield 5–6%
- Strong appeal for holiday-home buyers and short-term rental investors
- UAE residence visa from AED 750K, Golden Visa from AED 2M
- 100% freehold ownership for foreign nationals
Flexible Financing Options
Buying an off-plan property or a ready-to-move-in home? Maximise your buying power with competitive mortgage options tailored to your needs.
- Secure a mortgage during construction to maximize leverage
- Combine developer payment plans with tailored bank financing
- Get pre-approved in as little as 3 days
- Conventional and Sharia-compliant financing available
- No hidden fees or added costs
Gallery
Exteriors
Interiors
About Dubai Islands
Dubai Islands is one of Dubai’s largest new waterfront master developments, created as a coastal destination for resorts, marinas, beaches, and premium residential communities. The area is planned as a long-term lifestyle district with a strong focus on hospitality, tourism, and beachfront living. Unlike older high-density coastal areas, Dubai Islands offers a lower-rise, more private atmosphere with wider beaches, open waterfront views, and a stronger resort feel. The location also benefits from fast access to Deira, Downtown Dubai, DIFC, and Dubai International Airport, making it practical for both residents and international visitors.
About Dubai Islands
Dubai Islands is one of Dubai’s largest new waterfront master developments, created as a coastal destination for resorts, marinas, beaches, and premium residential communities. The area is planned as a long-term lifestyle district with a strong focus on hospitality, tourism, and beachfront living. Unlike older high-density coastal areas, Dubai Islands offers a lower-rise, more private atmosphere with wider beaches, open waterfront views, and a stronger resort feel. The location also benefits from fast access to Deira, Downtown Dubai, DIFC, and Dubai International Airport, making it practical for both residents and international visitors.
Attractions
Top destinations near your door
- Dubai Islands Beach
- Downtown Dubai
- Dubai marina
- Dubai International Airport (DXB)
Premier Healthcare
Trusted medical care close by:
- Mediclinic Deira
- Saudi German Hospital
- Aster Hospital
- American Hospital Dubai
Elite Education
Well-established schools close to home:
- GEMS Wellington International School
- Hartland International School
- Dubai International Academy
- GEMS Modern Academy
About the Developer
About the Developer
Cheval Residences is developed by Avenew Development in partnership with Wadeen Developers. Avenew Development is a Dubai-based developer launched in 2024 with a focus on design-led residential communities, while Wadeen Developers is a real estate company with an established presence in Qatar and a growing footprint in Dubai, specializing in residential, commercial, and hospitality projects.
FAQs About Cheval Residences
Who is the developer of Cheval Residences?
The project is developed by Avenew Development in partnership with Wadeen Developers, with a focus on serviced beachfront residences and hotel-managed living.
Where is Cheval Residences located?
Cheval Residences is located on Dubai Islands, Island B, one of Dubai’s newest waterfront residential destinations with direct beach access and quick connectivity to Deira, Downtown Dubai, DIFC, and Dubai International Airport.
What types of properties are available at Cheval Residences?
The project offers fully furnished serviced hotel apartments with 1, 2, and 3-bedroom layouts.
There are only 99 residences in total:
60 one-bedroom units
31 two-bedroom units
8 three-bedroom units
What is the starting price at Cheval Residences?
Prices start from:
1-bedroom apartments — from AED 2.8M
2-bedroom apartments — from AED 5.1M
3-bedroom apartments — from AED 8.3M
Is an instalment plan available at Cheval Residences?
Yes. The project follows a simple 50/50 payment plan:
50% during construction
50% on handover
When will Cheval Residences be completed?
Completion is scheduled for Q1 2029.
Can a foreigner buy property at Cheval Residences?
Yes. The project is located in a freehold zone, allowing 100% ownership for buyers of any nationality.
Can I get residency by purchasing property at Cheval Residences?
Yes. An investment from AED 750K qualifies for a 2-year UAE residency visa. From AED 2M — a 10-year Golden Visa, extendable to family members and domestic personnel.
Why invest in Cheval Residences?
The project offers beachfront positioning on Dubai Islands, only 99 units, hotel-managed operations, and a fully furnished serviced residence format.
This combination makes it attractive for both private use and short-term rental investment, especially in a district expected to become one of Dubai’s major hospitality and waterfront destinations.
Is Cheval Residences a good place to live?
Yes. It is designed for buyers who want privacy, direct beach access, and a quieter resort-style environment without losing access to central Dubai.
Infinity pool, rooftop terrace, gym, spa, valet parking, and hotel services create a lifestyle closer to a boutique resort than a standard apartment building.
DLD Verified
RERA Information
This project has been verified in partnership with the Dubai Land Department's (DLD) Real Estate Regulatory Agency (RERA)
Properties in Dubai