Avarra by Palace by Emaar in Business Bay, Dubai

Avarra by Palace is a 75-storey Palace Hotels and Resorts branded residential tower by Emaar Properties, located directly on the Dubai Water Canal in Business Bay. The development comprises 687 luxury residences across 1- to 4-bedroom apartments and 6-bedroom penthouses, ranging from 789 to 4,226 sq.ft. It is designed with Palace-brand hospitality services and finishes integrated into the residential format.

Avarra by Palace offers 1-bedroom apartments from 789 to 835 sq.ft, 2-bedroom apartments from 1,199 to 1,453 sq.ft, 3-bedroom apartments from 1,640 to 1,862 sq.ft, and 4-bedroom residences from 4,226 to 4,795 sq.ft. The tower also includes 6-bedroom penthouses. All units feature floor-to-ceiling windows and private balconies.

Prices start from AED 2.7 million for 1-bedroom apartments. Two-bedroom units start from AED 4 million, and 3-bedroom apartments from AED 5.7 million. Four-bedroom and penthouse pricing is available on request. All units qualify for the UAE 10-year Golden Visa given that prices exceed AED 2 million.

Avarra by Palace offers a 90/10 interest-free payment plan: 10% on booking, 80% across phased construction instalments of 5% to 10% every few months during the build, and a final 10% upon handover in Q2 2031. This structure gives investors approximately five years of construction-linked payments before completion.

Handover is scheduled for Q2 2031, specifically June 2031. Emaar Properties has delivered over 118,400 residential units globally since 2002, including Burj Khalifa and Dubai Mall, and maintains one of the strongest delivery track records of any developer in the UAE. Early buyers benefit from the full construction period for capital appreciation before completion.

Amenities include a rooftop infinity pool with panoramic Burj Khalifa and skyline views, a dedicated sun deck, a fully equipped indoor gym with outdoor fitness stations, a yoga studio, a children’s pool and play zone, landscaped gardens, BBQ and picnic areas, a multipurpose event space, and a concierge. Palace Hotels and Resorts services — valet parking, housekeeping, and 24-hour security — are also part of the offering.

Avarra by Palace is designed in partnership with Palace Hotels and Resorts, Emaar’s own luxury hospitality brand. This means residents receive hotel-grade concierge services, housekeeping, valet, and 24-hour security as standard, alongside Palace-curated interiors featuring warm tones, marble, laminated panels, and designer lighting. Branded residences by Palace Hotels and Resorts typically command a 20-30% rental premium over non-branded equivalents in the same district.

Depending on orientation and floor level, residences offer views of Burj Khalifa, Downtown Dubai, the Dubai Water Canal, Business Bay skyline, and the Arabian Gulf. The tower is positioned on the canal waterfront, and upper-floor units across multiple orientations capture the iconic Downtown skyline as their primary view corridor.

Avarra by Palace is located in Business Bay, directly on the Dubai Water Canal promenade, in the central district of Dubai just south of Downtown. It is within 5 minutes of Burj Khalifa, Dubai Mall, DIFC, and Dubai Opera. Business Bay Metro Station is walkable, and Sheikh Zayed Road provides direct highway access. Dubai International Airport is approximately 20 minutes away.

Yes, Avarra by Palace is in a freehold zone, open to buyers of all nationalities with full property ownership rights. With prices starting from AED 2.7 million, all unit types qualify for the UAE 10-year Golden Visa, which is renewable and includes sponsorship rights for family members.

Business Bay consistently ranks among Dubai’s top districts for rental yields, typically generating 6-8% annually. Branded residences with Palace Hotels and Resorts affiliation attract high-net-worth tenants and executives willing to pay a premium for hotel-grade services. Emaar’s strong delivery track record and the scarcity of tall waterfront branded towers within walking distance of Downtown further support long-term capital appreciation. Early buyers entering at launch pricing have the full construction cycle for value growth before handover in 2031.

Avarra by Palace is developed by Emaar Properties PJSC, established in 1997 and Dubai’s largest real estate developer. Emaar reported AED 35.5 billion in revenue in 2024 and has delivered over 118,400 residential units globally since 2002. Emaar’s portfolio includes Burj Khalifa, Dubai Mall, Downtown Dubai, Dubai Hills Estate, Dubai Creek Harbour, Dubai Marina, and a growing collection of branded residences across Address, Palace, and Vida hospitality lines.

The surrounding area offers access to JSS International School, Hartland International School, and GEMS schools within a short drive. Mediclinic Dubai Mall, Emirates Hospital Clinic, and King’s College Hospital Dubai are all within 10-15 minutes. Bay Avenue Mall and Park, Bay Square, and numerous supermarkets and dining outlets are within walking distance or a short drive within Business Bay.