Avarra by Palace by Emaar Properties

Avarra by Palace is a super-high-rise branded residential tower in Business Bay, Dubai, developed by Emaar Properties and branded by Palace Hotels + Resorts. It is configured as 2B + G + 10 Podiums + 67 Floors and holds 688 residential units in 1 to 4 bedroom apartments and a six-bedroom penthouse, with 6 retail units at ground level.

Avarra by Palace is in Business Bay, Dubai, on the Sheikh Zayed Road side of the district beside Business Bay Metro Station. Burj Khalifa and Dubai Mall are about 9 minutes away by car, Dubai Creek Harbour about 14 minutes, Dubai International Airport about 15 minutes, and Dubai Hills Mall about 30 minutes.

Four apartment typologies are priced: 1 bedroom from ≈ 789 sq ft (73 sq m), 2 bedroom from ≈ 1,199 sq ft (111 sq m), 3 bedroom from ≈ 1,640 sq ft (152 sq m), and 4 bedroom from ≈ 4,226 sq ft (393 sq m). The tower also includes a six-bedroom penthouse.

Prices start from AED 2.70M ≈ USD 735K for a 1 bedroom apartment. The 2 bedroom starts from AED 4.00M ≈ USD 1.09M, the 3 bedroom from AED 5.70M ≈ USD 1.55M, and the 4 bedroom from AED 13.40M ≈ USD 3.65M. Final pricing depends on floor, view, and the units Emaar has released at the time of booking.

Handover is scheduled for June 2031, the same month as the final 10% instalment due on completion. The project is at the enabling works stage, with mobilisation recorded on site at the June 2026 RERA inspection. Progress against RERA inspection data is tracked in the Avarra by Palace construction updates guide.

The plan is 90% before completion and 10% on completion: a 10% down payment on booking plus the 4% DLD registration fee, ten instalments between January 2026 and April 2030, and a final 10% in June 2031. The last four instalments are linked to estimated construction completion milestones.

Yes, on price. Every priced typology starts above the AED 2M ≈ USD 545K property investment threshold for the 10-year UAE Golden Visa, beginning with the 1 bedroom at AED 2.70M. The dedicated Avarra by Palace Golden Visa guide covers the eligibility steps in detail.

Yes. Avarra by Palace is a freehold property in Business Bay, open to buyers of all nationalities.

Yes. The full process, from reservation and SPA signing to registration, can be completed remotely, and I manage it end to end with the developer on your behalf. Each stage of the remote purchase is documented in my Dubai real estate guide library.

All off plan payments are made to the project's DLD-registered escrow account with Emirates NBD and released to the developer only against verified construction progress, a framework regulated by the Dubai Land Department. The Avarra by Palace escrow account guide explains how the account works.

It depends on your horizon. The case rests on Emaar's delivery record, the Palace brand, and a plot beside Business Bay Metro with Burj Khalifa views, while the payment plan spreads 90% of the price across the build. The trade-off is a June 2031 handover, so the return comes from holding a completed branded asset rather than near-term rental yield; entry price, holding horizon, and exit strategy decide whether it fits.

As of FY 2024, Emaar Properties has delivered approximately 118,400+ residential units in Dubai and other global markets since 2002, including Burj Khalifa and Dubai Mall, with 50,500+ residential units under development and a presence in 12+ global markets.