Avarra by Palace

Overview

Avarra by Palace is a branded residential project by Emaar in Business Bay, created with the Palace Hotels & Resorts brand. It offers one- to four-bedroom apartments with views towards Burj Khalifa, Downtown Dubai and Business Bay, and towards the Arabian Gulf on the developer's published view lines. The building is under construction, with handover scheduled for June 2031.

Of the off-plan projects Dubai currently has in Business Bay, this one pairs a long-established developer with a hotel brand already familiar to buyers who know Downtown. Launch prices start at AED 2,700,000, and the payment plan puts most of the cost into the construction period rather than handover. Below are the unit sizes, the price list, the payment stages and what to check before booking.

Location and connectivity

Business Bay sits directly beside Downtown Dubai, with the Dubai Canal running through it. From Avarra by Palace, residents have access to the main highways, the canal-side promenades, and the shops and restaurants of Downtown, along with the office towers that make Business Bay a working district as well as a residential one.

Approximate drive times from the project, as published by the developer:

• Burj Khalifa and Dubai Mall: about 9 minutes
• Dubai Creek Harbour: about 14 minutes
• Dubai International Airport: about 15 minutes
• Dubai Hills Mall and Dubai Hills Estate: about 30 minutes

The airport time is a practical point for owners who travel often or plan to let the home to people who do. Business Bay is also a district where many people who work in Downtown and DIFC choose to live, because the commute stays short.

The residences

Inside, these are luxury apartments Dubai buyers would recognise from hotel-branded residences, finished in what the developer describes as Palace's signature style: warm neutral interiors, premium materials and contemporary kitchens. Layouts are open-plan for living and dining, and large balconies face the city and sea. The façades use floor-to-ceiling windows and glass panels to bring in natural light and frame the skyline.

Starting sizes from the launch price list:

• 1 bedroom: from 789 sq ft
• 2 bedroom: from 1,199 sq ft
• 3 bedroom: from 1,640 sq ft
• 4 bedroom: from 4,226 sq ft

The steps between the first three types are even, roughly 400 to 450 sq ft each. The four-bedroom is a different product altogether: at 4,226 sq ft and up, it is more than two and a half times the size of the three-bedroom, and it is priced accordingly. For buyers looking at a 3 bedroom apartment Dubai families can settle in long term, the 1,640 sq ft starting size is worth comparing against the floor plan for storage and balcony space, since the published figure is a minimum.

The developer lists only minimum sizes for each type, so ask for the full range and the plan of the specific unit you are offered.

Amenities

The amenity list is shorter and more residential than a hotel tower's. It is grouped here by use.

Pool and wellness

• Infinity swimming pool and pool deck
• Outdoor gym and fitness area
• Yoga zone

Family

• Kids' pool
• Kids' play area

Outdoor and social

• BBQ and picnic area
• Common garden
• Multi-purpose room

For anything beyond this list, residents rely on Business Bay and Downtown, which are a short drive away. The project's published material does not list specific hotel services, so if serviced living matters to you, ask the developer exactly what the Palace brand will provide on site.

About the developer

Emaar Properties was established in 1997 and is the developer of Burj Khalifa and Dubai Mall, along with several of the city's master-planned communities. Emaar projects are often the first that Dubai buyers look at, partly because of that track record and partly because the Palace brand gives its branded residences an established hospitality name. Avarra by Palace continues that model in Business Bay.

Pricing and payment plan

Launch prices start at AED 2,700,000 for a one-bedroom. The price list by unit type:

• 1 bedroom (from 789 sq ft): from AED 2,700,000
• 2 bedroom (from 1,199 sq ft): from AED 4,000,000
• 3 bedroom (from 1,640 sq ft): from AED 5,700,000
• 4 bedroom (from 4,226 sq ft): from AED 13,400,000

The payment plan Dubai buyers sign up for here has three stages:

• 10% on booking
• 70% during construction
• 20% on handover

The low entry is the attraction: on the one-bedroom, the 10% booking payment is AED 270,000. The trade-off is that 70% falls due while the building goes up, between booking and June 2031. Banks generally do not lend against construction instalments, so plan to fund that 70% from your own resources, with a mortgage at most covering the final 20%. As with other properties for sale in Dubai at launch, the prices above can change as units sell.

Buyer's guide for this project

Off-plan purchases are tightly regulated in Dubai real estate. These are the points that matter most for this project.

• DLD fee: the Dubai Land Department charges 4% of the purchase price. On a one-bedroom at AED 2,700,000 that is AED 108,000, on top of the 10% booking payment.
• Escrow: all instalments go into a RERA-regulated escrow account for the project and are released to Emaar against construction progress. Pay only into the account named in your sales and purchase agreement.
• Instalment schedule: ask for the dated or milestone-based schedule behind the 70% construction stage, so you know when each payment falls.
• Registration: the sale is registered with the Land Department as an off-plan purchase, and you receive the registration certificate.
• Branded services: confirm in writing which Palace services come with the building and how they affect the service charge.
• Unit details: check the exact size, floor, view direction and balcony area of the specific unit, since the price list shows minimums only.

As a real estate agency Dubai buyers work with on Emaar launches, Mahboob Estate can obtain the current availability and floor plans and walk you through the agreement before you reserve.

Who it suits

Avarra by Palace suits buyers who want a branded Emaar address in Business Bay with a modest first payment and the ability to fund the construction stage over several years. It works for professionals who work in Downtown, Business Bay or DIFC and want a one- or two-bedroom close to the office.

It also suits investors whose Dubai property investment plan centres on Business Bay apartments, where demand comes from people working in the surrounding offices. Families looking at the three- and four-bedroom homes get a kids' pool and play area in the building and Downtown on the doorstep.

It is less suited to anyone who needs a home before mid-2031, or who would need bank finance for the construction payments. For buyers who want to buy property in Dubai and move in sooner, ready apartments for sale in Dubai in the same district are the better comparison.

FAQ

When is handover at Avarra by Palace?

Handover is scheduled for June 2031. Check how the sales and purchase agreement handles any change to that date.

What is the starting price?

Launch prices start at AED 2,700,000 for a one-bedroom from 789 sq ft. Two-bedrooms start at AED 4,000,000, three-bedrooms at AED 5,700,000 and four-bedrooms at AED 13,400,000.

What is the payment plan?

You pay 10% on booking, 70% during construction and 20% on handover, plus the 4% Land Department fee at registration.

What amenities does the building have?

An infinity pool and pool deck, a kids' pool, an outdoor gym, a yoga zone, a kids' play area, a BBQ and picnic area, a common garden and a multi-purpose room.

How can Mahboob Estate help?

We can share live availability and floor plans, reserve a unit with Emaar on your behalf and track your escrow payments through to handover.