Avarra by Palace at Business Bay: Palace-Branded Luxury Residences by Emaar
Starting from AED 2.7 million, Avarra by Palace introduces an exclusive collection of branded 1, 2, 3, and 4-bedroom luxury apartments in the heart of Dubai’s Business Bay. This iconic 75-storey tower by Emaar Properties, featuring the prestigious Palace Hotels + Resorts brand, offers panoramic views of the Burj Khalifa, Dubai Canal, and the Arabian Gulf, with handover scheduled for Q2 2031.
Located strategically along the Dubai Water Canal, Avarra represents a rare fusion of urban sophistication and resort-style tranquility. With only 687 residences available, this development delivers hotel-inspired living with world-class amenities, premium finishes, and the legendary service standards associated with the Palace brand.
Project Overview: Avarra by Palace
| Property Name | Avarra by Palace at Business Bay |
| Developer | Emaar Properties |
| Brand Partner | Palace Hotels + Resorts |
| Location | Business Bay, Dubai (Dubai Canal) |
| Property Type | Luxury Branded Apartments & Penthouse |
| Residence Types | 1, 2, 3, 4 Bedroom + 6BR Penthouse |
| Total Units | 687 Residences |
| Building Height | 75 Storeys |
| Starting Price | AED 2,700,000 |
| Handover Date | Q2 2031 (June 2025) |
| Ownership | Freehold (100% Foreign Ownership) |
Residence Configurations & Pricing
Each residence at Avarra by Palace features expansive floor-to-ceiling glass façades, premium marble flooring, and warm neutral interiors curated by the Palace design team. Layouts range from intimate one-bedroom homes to expansive four-bedroom sanctuaries and an exclusive six-bedroom penthouse.
| Unit Type | Built-up Area | No. of Units | Starting Price | Price Per Sq.Ft |
|---|---|---|---|---|
| 1 Bedroom | 789 – 835 sq.ft | 314 | AED 2,700,000 | ~AED 3,422 |
| 2 Bedroom | 1,199 – 1,453 sq.ft | 234 | AED 4,000,000 | ~AED 3,335 |
| 3 Bedroom | 1,640 – 1,862 sq.ft | 118 | AED 5,700,000 | ~AED 3,476 |
| 4 Bedroom | 4,226 – 4,795 sq.ft | 21 | AED 13,400,000 | ~AED 3,171 |
| 6 Bedroom Penthouse | Premium Size | Limited | On Request | Premium |
World-Class Amenities & Branded Services
Avarra by Palace delivers a hospitality-inspired lifestyle with over 25 curated amenities. The Palace Hotels + Resorts brand influence ensures service excellence and refined luxury throughout the development.
| Wellness & Recreation | Lifestyle & Convenience |
|---|---|
| 🌊 Infinity Pool & Canal-View Pool Deck | 🛎️ Concierge Services & Luxury Lobby Lounge |
| 🏋️ Fully Equipped State-of-the-Art Gym | 🛍️ Retail Outlets & Canal-View Cafés |
| 🧘 Yoga Decks & Meditation Spaces | 🎉 Multi-Purpose Room & Event Spaces |
| 🏃 Outdoor Fitness Zones & Jogging Tracks | 🔒 24/7 Security & CCTV Surveillance |
| 💆 Wellness Spa & Sauna Facilities | 🌳 Landscaped Podium Gardens |
| 👶 Kids Pool Area & Dedicated Play Zones | 🥩 BBQ & Picnic Areas |
| 👨👩👧 Family Lounge & Social Spaces | 🚗 Covered Parking |
Signature Interior Features
- Palace-Branded Finishes: Warm neutral palette with premium stone and marble accents
- Expansive Glass Façades: Floor-to-ceiling windows maximizing natural light and panoramic views
- Spacious Balconies: Wide outdoor terraces with glass railings for unobstructed city vistas
- Premium Kitchens: High-end fitted appliances and elegant cabinetry
- Luxurious Bathrooms: Marble flooring, premium fixtures, and spa-like ambiance
- Smart Layouts: Open-plan designs with Vastu-friendly orientation options
- High Ceilings: Generous vertical space enhancing the sense of grandeur
Panoramic Views
Every residence at Avarra frames Dubai’s most iconic landmarks through expansive glass walls. Depending on unit orientation and floor level, residents enjoy:
- Burj Khalifa Views: Direct sightlines to the world’s tallest tower
- Downtown Dubai Skyline: Panoramic vistas of the city’s architectural brilliance
- Dubai Water Canal: Serene waterfront views with passing yachts
- Arabian Gulf: Stunning sea views extending to the horizon
- Business Bay: Dynamic urban landscape of Dubai’s central business district
Prime Business Bay Location
Strategically positioned in the heart of Business Bay along the Dubai Water Canal, Avarra offers unmatched connectivity to Dubai’s key destinations.
| Destination | Travel Time |
|---|---|
| Business Bay Metro Station | 3 Minutes |
| Burj Khalifa & Dubai Mall | 5-9 Minutes |
| DIFC (Dubai International Financial Centre) | 10 Minutes |
| Dubai Creek Harbour | 14 Minutes |
| Dubai International Airport (DXB) | 15 Minutes |
| Dubai Hills Estate & Mall | 30 Minutes |
Neighborhood Highlights
Business Bay stands as Dubai’s premier mixed-use district, combining commercial towers with luxury residential offerings. Residents enjoy waterfront promenades, fine dining establishments, boutique cafés, art galleries, and direct access to Sheikh Zayed Road. The Dubai Canal offers yachting activities and picturesque walkways, creating an urban lifestyle balanced with leisure.
Flexible Payment Plan
Avarra by Palace offers an attractive construction-linked payment plan extending until handover in 2031, making it accessible for both investors and end-users.
| Payment Milestone | Percentage | Date |
|---|---|---|
| On Booking | 10% | Immediate |
| 1st Instalment | 10% | January 2026 |
| 2nd Instalment | 5% | June 2026 |
| 3rd Instalment | 5% | November 2026 |
| 4th Instalment | 10% | April 2027 |
| 5th Instalment | 5% | September 2027 |
| 6th Instalment | 10% | April 2028 |
| 7th Instalment | 5% | September 2028 |
| 8th Instalment (50% Completion) | 10% | March 2029 |
| 9th Instalment (70% Completion) | 10% | September 2029 |
| 10th Instalment (90% Completion) | 10% | April 2030 |
| On Handover (100% Completion) | 10% | June 2031 |
Additional Costs: DLD Fee: 4% of property value | Oqood Fee: AED 3,000 (one-time) | Service Charges: Applicable post-handover
Investment Potential & ROI
Avarra by Palace presents a compelling investment proposition in one of Dubai’s highest-performing districts.
| Expected ROI | 6-8% Annual Rental Yield |
| Visa Eligibility | 10-Year UAE Golden Visa (investment above AED 2M) |
| Brand Premium | Palace Hotels + Resorts branded residences typically achieve 15-20% higher rental premiums |
| Developer Track Record | Emaar Properties has delivered 118,400+ units since 2002 |
| Capital Appreciation | Strong potential due to Business Bay’s limited waterfront supply and branded residence demand |
Why Invest in Avarra by Palace?
Branded Residence Advantage: As a Palace Hotels + Resorts branded property, Avarra offers hotel-inspired services, premium finishes, and a prestigious address that commands higher resale values and rental rates compared to standard residential towers.
Prime Waterfront Location: Direct access to the Dubai Canal with waterfront promenades, yachting facilities, and uninterrupted views of Dubai’s most iconic landmarks ensure lasting value and lifestyle appeal.
Flexible Payment Structure: The extended payment plan until 2031 allows investors to leverage capital efficiency while the property appreciates during construction.
Urban Connectivity: Walking distance to the metro, minutes from Downtown Dubai, and seamless access to major business hubs make this ideal for professional tenants and end-users alike.
About Palace Hotels + Resorts
Palace Hotels + Resorts brings decades of hospitality excellence to residential living. Known for refined service, attention to detail, and luxurious atmospheres, the brand extends its signature standards to Avarra through curated interior design, premium amenities, and service-oriented living spaces that evoke the elegance of a luxury hotel suite.
How to Book Your Residence
With only 687 units available and strong demand for branded residences in Business Bay, early reservation is recommended. The booking process requires:
- 10% Down Payment
- Copy of Passport
- Emirates ID (for UAE residents)
- Booking Form Completion
- Reservation Deposit (AED 50,000 – 100,000 depending on unit type)
Avarra by Palace at Business Bay represents a rare opportunity to own a branded luxury residence in Dubai’s most dynamic district. With prices starting at AED 2.7 million, panoramic views of the Burj Khalifa, and the distinguished Palace brand heritage, this development offers both an exceptional lifestyle and a sound investment for the future.
Contact our luxury property consultants today to receive floor plans, view availability, and secure your unit at Avarra by Palace.