Avarra

Location: Business Bay, Dubai, UAE, beside Business Bay Metro

Project Description

Avarra by Palace is Emaar’s branded residential tower in Business Bay, delivered under the Palace Hotels + Resorts brand — a homegrown luxury name built on personalised service and meticulous craftsmanship. The building sits beside Business Bay Metro on the Dubai Water Canal, minutes from Burj Khalifa, Dubai Mall and Downtown Dubai.

687 residences span 1 to 4-bedroom layouts, crafted with premium materials, warm tones and the signature Palace elegance, with sophisticated riads woven through the building. Contemporary architecture with expansive glass and generous balconies frames panoramic views of the sea, the Burj Khalifa silhouette, Downtown Dubai and the pulse of Business Bay.

Starting Price:

AED 2,700,000 (Approx. $735,000 USD)

Property Status:

Off-Plan, Palace Branded Residences

Completion / Handover Date:

Q2 2031 (100% Construction Completion, June 2031)

Ownership Type:

Freehold (100% Ownership)

Visa Eligibility:

Eligible for UAE 10-Year Golden Visa (units from AED 2M)

Project Overview

Brand: Palace Hotels + Resorts, Emaar’s homegrown luxury hospitality brand
Total Units: 687 Branded Residences
Unit Mix: 314 × 1-Bedroom | 234 × 2-Bedroom | 118 × 3-Bedroom | 21 × 4-Bedroom
Size Range: From 789 sq. ft. (1-Bed) to 4,226 sq. ft. (4-Bed)
Architecture: Contemporary design with expansive glass, generous balconies and sophisticated riads
Address: Business Bay, on the Dubai Water Canal and beside Business Bay Metro
Views: Burj Khalifa, Downtown Dubai, Business Bay and the Sea

Unit Types, Sizes & Prices

1-Bedroom Apartments: 314 units | From 789 sq. ft. | From AED 2.7M
2-Bedroom Apartments: 234 units | From 1,199 sq. ft. | From AED 4.0M
3-Bedroom Apartments: 118 units | From 1,640 sq. ft. | From AED 5.7M
4-Bedroom Apartments: 21 units | From 4,226 sq. ft. | From AED 13.4M

687 residences in total. Golden Visa eligibility applies from AED 2M, met from the one-bedroom upward.

Payment Plan (90/10)

Down Payment

10% On Booking Date

Construction Phase

80% 10 Instalments (Jan 2026 – Apr 2030), milestone-linked

Handover

10% Upon 100% Construction Completion (June 2031)

Payment Plan

Down Payment

10% On Booking Date

Construction Phase

80% 10 Instalments (Jan 2026 – Apr 2030), milestone-linked

Handover

10% Upon 100% Construction Completion (June 2031)

Additional Fees & Expenses

(Dubai Real Estate Standards)

DLD Fee (Dubai Land Department): 4% of total purchase price + Oqood registration fee
Admin / Registration Fee: AED 5,000 (Developer Fee)
Service Charge: To be confirmed by the developer
The Developer: Emaar Properties, AED 35.5 billion revenue in 2024 and 118,400+ residential units delivered since 2002, including Burj Khalifa and The Dubai Mall