Cheval Residences at Dubai Islands by Avenew Development
Fully furnished hotel apartments managed by Cheval Collection on Island B
Starting Price
Cheval Residences — Hotel Apartments by Avenew on Dubai Islands
Cheval Residences is a collection of 99 fully furnished hotel apartments by Avenew Development and Wadeen Developers on Island B of Dubai Islands. The building rises ground plus seven floors and delivers 60 one-bedroom, 31 two-bedroom, and 8 three-bedroom residences. All units are managed by Cheval Collection, an international luxury hospitality brand with a portfolio of serviced residences across the world's leading cities, bringing five-star hotel operations to every apartment in the building. Handover is scheduled for Q1 2029.
Cheval Collection Hotel Management in Every Residence
Cheval Collection is an international luxury hospitality brand specializing in serviced residences. At Cheval Residences Dubai Islands, the brand runs hotel operations across all 99 units: staffed reception, housekeeping, and concierge services operating from the lobby. For investors, hotel management means the property generates short-term rental income without direct owner involvement. For residents, it delivers five-star service as a primary or secondary home.
Direct Beach Access and Beachfront Infinity Pool
Cheval Residences has direct beach access, placing residents and guests on the Island B shoreline steps from the building. The infinity pool overlooks the sea, with a dedicated pool bar adjacent. For investors, beachfront access is among the highest-demand attributes in Dubai's short-term rental market, supporting competitive nightly rates and high occupancy through the tourist season.
Rooftop Restaurant, Spa, Sauna, and Steam Room
The rooftop level houses a full-service restaurant with panoramic sea views, open to residents and hotel guests. The building also includes a spa, sauna, and steam room. These facilities position Cheval Residences as a full-service hospitality asset, supporting year-round rental occupancy from guests who select serviced apartments with hotel-grade wellness offerings.
Marble Finishes, Wood Cabinetry, and Wallpapered Bedrooms
Kitchens and bathrooms across all residences feature marble surface finishes. Cabinet joinery is in dark wood veneer, consistent across all unit types. Master bedrooms are wallpapered, with the pattern differing between one and two-bedroom units and three-bedroom residences. Three-bedroom units receive an accent kitchen marble specification and a botanical-pattern wallpaper in the master bedroom. All units are delivered fully furnished.
Underground Covered Parking and Lobby Valet Service
Cheval Residences provides underground covered parking for residents. Valet parking is available at the lobby level, operated by hotel staff as part of Cheval Collection's management service. This setup benefits owners who use the apartment part-time: arrivals are handled professionally whether the owner or a rental guest is checking in, with no owner coordination required.
Location — Island B, Dubai Islands
Island B sits at the eastern edge of the Dubai Islands archipelago, connected to the Deira mainland via the Deira Island Bridge. The island's master plan includes a marina, shopping mall, school, and Art & Cultural District, all within proximity of Cheval Residences. The building has direct beach access on the island's shoreline.
Gold Souk, Deira
Dubai International Airport
DIFC
Downtown Dubai
Amenities & Lifestyle Facilities at Cheval Residences
Property Types at Cheval Residences, Dubai Islands
Cheval Residences contains 99 hotel apartments across three unit types. One-bedroom apartments total 60 residences, ranging from 763 to 1,205 sq ft (71–112 sq m). Two-bedroom apartments number 31, from 1,156 to 1,890 sq ft (107–176 sq m). Three-bedroom apartments number 8, ranging from 1,874 to 4,322 sq ft (174–402 sq m). All 99 residences are fully furnished and delivered as managed hotel apartments under Cheval Collection.
The building spans ground floor plus seven upper levels, with 8 units on the ground floor and 13 per floor above. Wide floor plates and generous terraces on each unit bring natural light into living areas and bedrooms, with interior volumes planned for clear separation between living, dining, and sleeping zones.
Living areas and kitchens feature marble surface finishes and MDF enamel joinery. Kitchens are fully built-in and equipped. Wall surfaces in living areas combine plaster and wallpaper finishes, with metal detail accents throughout. One and two-bedroom units share a warm, earth-toned palette; three-bedroom residences receive an accent kitchen marble specification distinct from the standard finish.
Master bedrooms are wallpapered with a pattern specific to each unit type. Three-bedroom units receive a botanical-pattern wallpaper in the master bedroom and a separate wallpaper specification for additional bedrooms. Bathrooms are tiled in two specifications across wall and floor surfaces, with marble finishes on key bathroom surfaces. Dark wood-veneer cabinet joinery is consistent across all unit types and configurations.
Underground covered parking is provided for residents. Valet parking is available at the lobby level as part of hotel operations.
Floor Plans — Cheval Residences
1 Bedroom Apartments
2 Bedroom Apartments
3 Bedroom Apartments
50/50 Payment Plan for Cheval Residences, Dubai Islands
Investment Appeal of Cheval Residences at Dubai Islands
Cheval Residences combines hotel management by Cheval Collection, full furnishing, and direct beach access on Island B, three attributes that directly support short-term rental income and resale value in Dubai's waterfront market.
Hotel-managed, fully furnished beachfront apartments on Dubai Islands are estimated to generate gross yields of 7–9% per annum, driven by short-term rental demand on serviced apartment platforms. At Cheval Residences, the limited supply of 99 units and direct beach access create conditions for above-average occupancy and nightly rates.
Off-plan properties at Dubai Islands have appreciated ahead of handover, with Nakheel's infrastructure delivery and master plan rollout sustaining demand. Cheval Residences is scheduled for completion in Q1 2029, giving buyers a construction-period window for capital growth before the market prices in a completed, hotel-operating asset.
All apartment types at Cheval Residences are priced above AED 2 million, qualifying buyers for the UAE Golden Visa under the real estate investment threshold. The Golden Visa provides 10-year UAE residency, requires no employer sponsor, extends to the buyer's spouse and dependants, and is renewable upon continued ownership.
Location Advantages of Cheval Residences at Dubai Islands
Dubai Islands is a Nakheel-planned archipelago of five islands covering 17 square kilometres of reclaimed land off the Deira coast. Aligned with Dubai's 2040 Urban Master Plan, it is designated for residential, hospitality, retail, and cultural uses, with 20 kilometres of new beach and ongoing infrastructure delivery through 2029.
Island B sits at the eastern end of the chain, linked to Deira via the Deira Island Bridge. The island is planned for residential and mixed-use development, with a marina, shopping mall, school, and Art & Cultural District forming its core. Cheval Residences occupies a beachfront position on the island, with direct shoreline access for residents and hotel guests.
Island B connects to central Deira by road, placing Dubai International Airport approximately 15 minutes away by car. DIFC is reachable in roughly 20 minutes, and Downtown Dubai in 25 minutes via the main arterial routes. The established Deira retail and hospitality zone is directly accessible across the bridge.
Dubai Islands has a fixed land supply set by Nakheel's master plan, making beach-facing plots a scarce commodity. As hotel, retail, and cultural assets open through 2028 and 2029, tourist and resident demand is expected to grow. For hotel apartment investors, rising footfall and a finite unit count of 99 residences support long-term value growth.
Secure Your Unit at Cheval Residences
Leave your details to reserve your preferred apartment. Our team will contact you to confirm availability and next steps.
About the Developer — Avenew Development x Wadeen Developers
Avenew Development was founded in Dubai in 2024, with a focus on residential communities that combine design quality with practical everyday living. The company operates in Dubai and positions itself around enhancing how residents live, connect, and use their homes within the emirate's evolving urban landscape. Wadeen Developers brings an established real estate track record from Qatar and a growing portfolio in Dubai.
Wadeen's projects span residential, commercial, and hospitality property, combining design, sustainability, and modern living standards across both bespoke residences and mixed-use developments. Cheval Residences is the joint venture between the two companies, with Avenew's Dubai market focus complemented by Wadeen's broader regional development experience.
Both companies align on a commitment to design quality and long-term community value, reflected in the Cheval Collection partnership and the full hotel-management model applied across all 99 residences.
Frequently Asked Questions — Cheval Residences
What is Cheval Residences and who is the developer?
Cheval Residences is a 99-unit hotel apartment project on Island B of Dubai Islands, developed by Avenew Development and Wadeen Developers. All residences are fully furnished and managed by Cheval Collection, an international luxury hospitality brand. The building is ground plus seven floors, with one, two, and three-bedroom apartments, and handover is scheduled for Q1 2029.
Where exactly is Cheval Residences located on Dubai Islands?
Cheval Residences is on Island B, the eastern island of the Dubai Islands archipelago, connected to the Deira mainland via the Deira Island Bridge. The building occupies a beachfront position with direct shoreline access. Dubai International Airport is approximately 15 minutes away by car, and central Deira is directly accessible across the bridge.
What types of apartments are available at Cheval Residences?
Three configurations are available: 60 one-bedroom apartments from 763 to 1,205 sq ft (71–112 sq m), 31 two-bedroom apartments from 1,156 to 1,890 sq ft (107–176 sq m), and 8 three-bedroom apartments from 1,874 to 4,322 sq ft (174–402 sq m). All 99 residences are fully furnished and hotel-managed by Cheval Collection.
What is the starting price for Cheval Residences?
One-bedroom apartments start from AED 2,800,000 ($763,000). Two-bedroom apartments start from AED 5,100,000 ($1,389,000). Three-bedroom apartments start from AED 8,300,000 ($2,260,000). All prices are for fully furnished, hotel-managed residences. The 4% DLD fee and AED 3,500 admin fee are payable on booking in addition to the purchase price.
Are the residences at Cheval Residences furnished?
Yes. All 99 apartments are delivered fully furnished. The residences are managed by Cheval Collection as serviced hotel apartments, with furniture, fixtures, and hotel-grade fitout included in the purchase. Buyers can place their apartments into the hotel rental pool from the day of handover without any additional setup.
What is the payment plan for Cheval Residences?
Cheval Residences offers a 50/50 payment plan. A 10% down payment is due on booking (plus 4% DLD fees and AED 3,500 admin), followed by a 10% instalment one month later. Five further construction-period instalments are scheduled through November 2028, ranging from 5% to 10%, with the remaining 50% due on completion in Q1 2029.
When is the handover date for Cheval Residences?
Handover is anticipated in Q1 2029. The building is under construction on Island B, Dubai Islands. The final payment of 50% is due on completion, and the 50/50 structure means the majority of the purchase price is payable at the point of handover rather than spread across the construction period in equal instalments.
Does Cheval Residences qualify for the UAE Golden Visa?
Yes. All units at Cheval Residences are priced above the AED 2 million threshold required for the UAE property investment route to the Golden Visa. The Golden Visa grants 10-year UAE residency, requires no employer sponsor, and covers the buyer's spouse and dependants. It is renewable upon continued property ownership.
Is Cheval Residences a branded residence?
Yes. Cheval Residences is managed by Cheval Collection, an international luxury hospitality brand operating serviced residences across the world's leading destinations. The brand provides hotel management across all 99 units, including reception, housekeeping, and concierge services. This structure makes Cheval Residences a fully operational hotel asset from day one of handover.
What amenities are included at Cheval Residences?
The building includes an infinity swimming pool, pool bar, direct beach access, fully equipped gym, spa with sauna and steam rooms, rooftop restaurant, underground covered parking, and valet parking. All amenities are operated under Cheval Collection's hotel management and are available to both residents and short-term rental guests staying in the building.
What is the expected rental yield at Cheval Residences?
Hotel-managed, fully furnished beachfront apartments on Dubai Islands are estimated to generate gross rental yields of 7–9% per annum, supported by short-term rental demand for serviced properties. At Cheval Residences, yield is underpinned by direct beach access, Cheval Collection's active rental management, and the limited supply of 99 units in the building. Actual yields depend on occupancy and market conditions at handover.
