Back to map
Emaar Properties · Business Bay

Avarra by Palace

Hot Handover Q2 2031Plan 10/80/10
Brochure
Starting price
AED 2.82M
From 1BR
Price / sqft
190
AED, derived from PropertyFinder unit data
Rental yield
6.2%
gross p.a., Business Bay avg
Capital appreciation
+23%
to handover (5.2y)
Popularity
92/100
demand index

About this project

Avarra by Palace is a residential development in Business Bay offering 1 to 3-bedroom apartments with freehold ownership and a scheduled completion date of June 2031. Developed by Emaar Properties, the project features modern design with floor-to-ceiling windows, marble countertops, hardwood flooring, and smart home systems for lighting, climate, and security. Each unit includes a private balcony with views of the Dubai skyline or Water Canal.

Location and Connectivity

The development sits near Sheikh Zayed Road and the Dubai Water Canal, with Business Bay Metro Station nearby. Key destinations include Dubai Mall and Burj Khalifa (10 minutes), Dubai International Airport (20 minutes), Downtown Dubai (8 minutes), and Dubai International Financial Centre (5 minutes). The area provides access to corporate offices, dining, and retail within walking distance.

Amenities and Facilities

Residents have access to a fitness center, temperature-controlled swimming pool with children's area, spa and wellness center, landscaped gardens, children's playground, and BBQ areas. The building includes 24/7 concierge services, multi-level parking, high-speed elevators, on-site retail and cafes, a business center, and meeting rooms. Security features include CCTV monitoring, controlled access, and round-the-clock personnel.

Investment and Payment

The payment plan is structured as 10% down payment, 80% during construction, and 10% on handover. Business Bay's central location and ongoing development activity support rental demand from professionals and expatriate families. Freehold ownership allows international buyers full property rights, including the ability to sell, lease, or transfer.

Landscaped Gardens
Beach Access
Indoor Swimming Pool
Restaurants
CCTV Security
Gymnasium
Children's Play Area
Floor-to-Ceiling Windows
Marble Countertops
Hardwood Flooring
Smart Home Systems
Private Balconies
Temperature-Controlled Pool
Children's Pool Area
Spa and Wellness Center
BBQ Areas

Project facts

Ownership
Freehold
Government fee
4%
Property types
Apartment, Penthouse
Buildings
1
Expected completion
30 Jun 2031

Project timeline

  1. Expected Booking Date
    15 May 2026
  2. Construction Started
    16 May 2026
  3. Expected Completion
    30 Jun 2031

Frequently asked questions

Who is developing Avarra by Palace?
Avarra by Palace is developed by Emaar Properties, a Dubai-based real estate company known for residential and commercial projects including Burj Khalifa, Dubai Mall, and Dubai Marina.
What is the starting price for Avarra by Palace?
The starting price is AED 2,824,888.
When will Avarra by Palace be completed?
The project is scheduled for completion in June 2031.
Where is Avarra by Palace located?
Avarra by Palace is located in Business Bay, Dubai, near Sheikh Zayed Road and the Dubai Water Canal.
Is Avarra by Palace freehold or leasehold?
Avarra by Palace is a freehold development, giving buyers full ownership rights with the ability to sell, lease, or transfer the property.
What is the payment plan for Avarra by Palace?
The payment plan is 10% down payment at launch, 80% during construction, and 10% on handover.
Is Avarra by Palace a good investment?
Avarra by Palace offers freehold ownership in Business Bay with 1 to 3-bedroom apartments featuring modern layouts and amenities. The central location near corporate offices and the Dubai Water Canal supports rental demand from professionals and families. The area's ongoing development activity may contribute to long-term value.
What unit types are available at Avarra by Palace?
Avarra by Palace offers 1-bedroom apartments starting at AED 2,700,000 (788–816 sq ft), 2-bedroom units from AED 4,000,000 (1,199–1,449 sq ft), 3-bedroom apartments from AED 5,700,000 (1,640–1,848 sq ft), and 4-bedroom units from AED 13,000,000 (4,225–4,795 sq ft). The development also includes 6-bedroom penthouses at 14,861 sq ft each.