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Emaar Properties · Business Bay
Avarra by Palace by Emaar
Palace branded apartments and penthouses in Business Bay, from 788 square feet to a 14,861 square foot six bedroom penthouse.
At the entry price this project clears the AED 2 million line for the 10 year Dubai Golden Visa through property. Joint buyers, check the share rule.
New to this area? Read my Business Bay area guide for current prices, gross yields, service charges and the honest downsides.
My take on Avarra by Palace
Avarra is a Palace branded residence, which is Emaar's own hotel brand rather than a licensed name bolted on. That distinction matters for resale. Branded stock in Dubai carries a premium of roughly 20 to 30 per cent over unbranded in the same building class, and the premium holds better when the brand is attached to an operator that actually runs the building.
The payment plan is the most buyer friendly on this site. Ten per cent to book, 80 per cent spread across the build, and only 10 per cent due at handover in June 2031. That back weighting is rare. Most Dubai plans put 20 to 40 per cent on the handover date, which is exactly when a lot of buyers find their funding has moved.
Business Bay is the most liquid rental market in Dubai after Marina. Short let yields here have been running ahead of long let, and a Palace branded address is the kind of stock that performs on the nightly market rather than just the annual one.
Who it suits
- Investors who want branded stock with a real operator behind it
- Buyers who want the smallest possible payment on the handover date
- Anyone considering short let rather than annual tenancies
What to weigh up
- June 2031 is the longest handover on this site
- Branded stock carries a service charge above the Business Bay average
- The penthouse end of the building is a different market from the one bedrooms
Key details
- Apartments and penthouses of 788 to 14,861 sq ft
- Launched from AED 2.82 million
- 10% on booking, 80% during construction, 10% on handover
- Handover expected in June 2031
- Freehold, so overseas buyers can own in their own name
Gallery
Developer illustrations.
Layouts and sizes
| Home | Size |
|---|---|
| 1 bed home | 788 to 828 sq ft |
| 2 bed home | 1,199 to 1,449 sq ft |
| 3 bed home | 1,640 to 1,848 sq ft |
| 4 bed home | 4,225 to 4,795 sq ft |
| 6 bed home | 14,861 sq ft |
Prices start at AED 2.82 million for the smallest layout. I send the current price list layout by layout, because the published figures move and the headline price only ever buys the entry unit.
The 10/80/10 payment plan
Paid at reservation.
Paid in instalments through the build.
Due at completion, expected in June 2031.
A 4% Dubai Land Department fee is paid alongside the deposit. On AED 2.82 million that is AED 112,996. How payment plans work.
Amenities
- Palace branded service
- Swimming pools
- Gym and spa
- Concierge
- Canal walk
- Minutes from Downtown
About Emaar Properties
Emaar is the developer behind Burj Khalifa, Dubai Mall, Downtown, Dubai Hills and Creek Harbour. It is listed in Dubai, with the government's investment arm as its largest shareholder, and is rated BBB+ by S&P. In 2025 it recorded property sales of AED 80.4 billion, around £16.4 billion.
Avarra by Palace questions
What is the starting price at Avarra by Palace?
Avarra by Palace starts from about £581,000 (AED 2.82 million). That is the entry price for the smallest layout and all homes are subject to availability.
When will Avarra by Palace be completed?
Handover is currently expected in June 2031.
What is the payment plan at Avarra by Palace?
The plan is 10/80/10: 10% on booking, 80% during construction and 10% on handover.
Where is Avarra by Palace?
It is in Business Bay, Dubai.
Can overseas investors buy at Avarra by Palace?
Yes. It is in a freehold area, so foreign nationals can own in their own name, with no residency and no local partner. The whole purchase can be completed remotely.
