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Avarra by Palace

By Emaar Properties in Business Bay, Dubai

Price from
AED 3,232,888
about £662K or $880K
Payment plan
10/80/10
90% before handover
Handover
Q2 2031
Status
Off-plan

Payment plan

10/80/10

90% due before handover

  1. Down paymentAt booking10%AED 270,000
  2. During constructionInstalments to completion80%AED 2,160,000
  3. On handoverQ2 203110%AED 270,000
  4. Paid before handoverAED 2,430,000

As listed by Property Finder. Confirm the schedule on the sales offer.

Amounts are worked on a 1-bedroom apartment at its starting price of AED 2,700,000. Change home type

For 1-bedroom apartments

Homes and prices

Avarra by Palace offers 1-bedroom apartments, 2-bedroom apartments, 3-bedroom apartments, 4-bedroom apartments and 6-bedroom penthouses. Open a home type for its payment schedule, buying costs and the nearest alternatives.

The headline price of AED 3,232,888 is Emaar Properties' own starting price for Avarra by Palace. Some starting prices are Property Finder listings, as noted against each home type; the others come from the sources listed on this page. Checked 13 November 2026. Sterling figures are indicative conversions. Ask for today's availability before relying on any figure.

  • Apartments, penthouses
  • 1 to 6 bed
  • 788 to 14,861 sq ft
  • Freehold
Location
Business Bay, Dubai
Sales launched
May 2026
Brand
Palace
Buildings
1
Golden Visa
Prices reach the AED 2 million threshold

Overview

A Palace-branded Emaar tower on the Business Bay side of Downtown Dubai, launched May 2026 for Q2 2031. One- to four-bedroom apartments and a six-bedroom penthouse; Emaar listed 17 units from AED 3,232,888 on 13 November 2026.

Avarra by Palace is a branded residential tower by Emaar, launched in May 2026. Emaar groups it with its Downtown Dubai releases, while its project address and Property Finder place it in Business Bay, a few minutes' drive from Downtown Dubai. Property Finder gives expected completion in June 2031, the latest handover among Emaar's current central releases.

The mix runs from one- to four-bedroom apartments and includes one six-bedroom penthouse of about 14,861 sq ft. Property Finder's FAQ lists one-bedroom units of 788 to 828 sq ft from AED 2.7 million, two-bedroom units of 1,199 to 1,449 sq ft from AED 4 million, three-bedroom units of 1,640 to 1,848 sq ft from AED 5.7 million and four-bedroom units of 4,225 to 4,795 sq ft from AED 13 million. On 13 November 2026 Emaar's inventory showed 17 units available from AED 3,232,888, with sizes of 828 to 1,818 sq ft. Facilities include a pool, gym, yoga deck, cabanas, steam and sauna rooms and a jogging track.

The plan on Property Finder is 10% on booking, 80% during construction and 10% on handover. A five-year build with only 10% at the end spreads most of the cost over the construction period.

Who it suits: buyers who want a Palace-branded home in central Dubai and are comfortable with a 2031 handover. What to weigh: the long timeline means more market cycles before completion, and branded buildings usually carry higher service charges. Property Finder recorded resale transactions from March 2026, so early buyers are already reselling.

Buying costs

Government fees are paid on top of the purchase price. This is the position for the entry-level home; costs scale with price. In Dubai the registration authority is the DLD.

Purchase priceEntry price at Avarra by PalaceAED 3,232,888
DLD transfer fee (4%)Paid to the Dubai Land Department on registration. The department lists it as 2% from each party, but contracts almost always pass the full 4% to the buyer, so a developer's '50% DLD waiver' means the developer is paying its own listed half. Off-plan, it is paid when the sale is registered in the Oqood system.AED 129,316
Oqood registration admin feeOqood portal fee of AED 1,000 plus knowledge and innovation fees, for registering the off-plan sale contract.AED 1,020
Estimated total to completeAED 3,363,224about £689K

Developers may add their own administration charge on off-plan sales. It is set by the developer, not the land department, so it is not included in this estimate: ask for it in writing before you reserve. Adjust the assumptions in the buying cost calculator.

Golden Visa. Every unit type here is priced above AED 2 million, the threshold for the 10-year visa by property. Check eligibility

Location

On the Business Bay side of Downtown Dubai. Property Finder gives about 5 minutes to Business Bay, 7 minutes to Downtown Dubai and 15 minutes to Dubai International Airport.

Map data © OpenStreetMap contributors (ODbL). Tiles Esri

View on map

Business Bay
5 min
Downtown Dubai
7 min
Deira Corniche
10 min
Safa Park
12 min
Dubai International Airport
15 min

Approximate drive times in normal traffic.

About Business Bay

  • About five minutes by car from Downtown Dubai and 15 minutes from Dubai International Airport (Bayut area guide)
  • Red Line metro at Business Bay station
  • Dubai Water Canal promenade for walking, running and waterside restaurants
  • Very wide choice of buildings and developers at every budget

Business Bay area guide

Amenities

  • Swimming pool
  • Gym
  • Children's play area
  • Yoga deck
  • Outdoor seating and cabanas
  • Steam and sauna rooms
  • Jogging track
  • Table tennis lounge

Developer: Emaar Properties

Dubai's largest listed developer, behind Burj Khalifa, The Dubai Mall and master communities such as Downtown Dubai and Dubai Hills Estate.

Founded
1997
Headquarters
Dubai, UAE
Ownership
Listed on the Dubai Financial Market (DFM: EMAAR). Dubai Holding has been the largest shareholder, with 29.73%, since May 2026.

Emaar Properties profile and track record

Adviser's view

What works

  • Palace branding from Emaar's hospitality group in a central location.
  • 10/80/10 plan spreads most payments over a five-year build.
  • 17 units on Emaar's inventory on 13 November 2026, across one- to three-bedroom sizes.

What to weigh

  • Handover is not due until Q2 2031, a long exposure to market and construction risk.
  • Emaar labels it Downtown Dubai while the project address and portals say Business Bay; check the plot location on the site plan.
  • Early buyers are already reselling, so new purchases compete with assignment sales.

Questions buyers ask

What is the starting price at Avarra by Palace?

Emaar listed available units from AED 3,232,888 on 13 November 2026. Property Finder's FAQ gives launch prices from AED 2.7 million for one-bedroom units.

When will Avarra by Palace be completed?

Property Finder gives expected completion in June 2031 (Q2 2031).

Is Avarra by Palace in Downtown Dubai or Business Bay?

Emaar lists it under Downtown Dubai, but its project address and Property Finder place it in Business Bay, about seven minutes from Downtown by car.

What is the payment plan at Avarra by Palace?

The published plan is 10/80/10: 10% down payment, 80% during construction and 10% on handover. That means 90% of the price is paid before the keys are handed over.

Who is the developer of Avarra by Palace?

Avarra by Palace is being developed by Emaar Properties. About Emaar Properties: Dubai's largest listed developer, behind Burj Khalifa, The Dubai Mall and master communities such as Downtown Dubai and Dubai Hills Estate.

Does buying at Avarra by Palace qualify for a Golden Visa?

Homes priced at AED 2 million or more can support an application for the UAE's 10-year Golden Visa. At Avarra by Palace, every unit type starts above that level. Approval is at the authorities' discretion and off-plan purchases have their own conditions: see our Golden Visa guide.

What fees are payable on top of the price at Avarra by Palace?

The main cost is the DLD transfer fee (4%). On the entry price of AED 3,232,888 that comes to about AED 129,316, plus small administration charges. There is no stamp duty, no annual property tax and no tax on rental income for individuals in the UAE, though your home country may tax you. Our buying cost calculator itemises it.

Sources and verification

Facts on this page were last checked on . Prices, availability and payment plans are set by the developer and can change without notice; treat them as a guide until you have a current offer in writing.

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