Avarra by Palace

Key facts

Handover

Q2 2031

Status

Under construction

Ownership

freehold

Property types

apartment, penthouse

Availability

Available

Payment plan

Available units

Amenities

• Landscaped Gardens
• Beach Access
• Indoor Swimming Pool
• Restaurants
• CCTV Security
• Gymnasium
• Children's Play Area

Location

Avarra by Palace sits in Avarra by Palace.

Master plan

The developer’s own site plan for Avarra by Palace, showing how the buildings, roads and open space sit together.

How Avarra by Palace compares

Entry here is AED 2.8M, against a median of AED 2.0M across the 75 priced projects in Business Bay, which puts it above 48 of them and below 26. The plan opens at 10% down, against a Dubai median of 10%, in line with the market. Emaar Properties has 223 projects in our catalogue.

Measured across our own catalogue of Dubai off-plan projects, refreshed with the source listings. Entry price is the lowest advertised unit price in a project, not an average transaction value.

What you pay, and when

The published payment plan is 10% on booking, 80% during construction and 10% at handover. At the AED 2,824,888 entry price, that is AED 282,000 to reserve a unit, AED 2,260,000 across the build, and AED 282,000 due on completion.

Dubai Land Department registration is charged at 4% of the purchase price on top, which is about AED 113,000 at this entry price. That 10% booking payment does not go to Emaar Properties directly: under Dubai's Law 8 of 2007 a registered project holds it in a RERA-supervised escrow account, drawn down against certified construction progress.

What the entry price works out at

Stated sizes run from 788 to 14,861 square feet.

Ownership and residency

Avarra by Palace is a freehold development, so a buyer of any nationality can own a unit outright and hold the title deed. The entry price is at or above the AED 2,000,000 property threshold for the 10 year UAE golden visa, so the cheapest unit in the development qualifies on its own.

What it costs to hold

Service charges in Business Bay run roughly 14 to 22 AED per square foot per year, on the Dubai Land Department service charge index. Towers inside one community can differ by a factor of two, so treat that as a range to check against the specific building rather than a quotation. On the 788 square foot entry unit that is about AED 11,000 to AED 17,000 a year.

Who it suits

The development is apartments and penthouses in 1 to 6 bedroom layouts. Sales have not opened yet, so the published figures are launch guidance rather than a live price list.

What is on site

Shared facilities recorded for Avarra by Palace lead with beach access, alongside the landscaped gardens, indoor swimming pool, restaurants, CCTV security, gymnasium and children's play area that most Dubai developments carry. 46 floor plans are published for it.

Frequently asked