Avarra by Palace, Business Bay

Overview

Avarra by Palace is a Palace branded residence in Business Bay, from Emaar's own hotel brand rather than a licensed name. One bedroom apartments from 788 sq ft up to a 14,861 sq ft six bedroom penthouse, on a 10/80/10 plan with handover expected June 2031.

Key details

• One to six bedroom apartments and penthouses; launched from AED 2.82 million (about £581,000)
• 788 to 14,861 sq ft
• Freehold, overseas buyers can own in their own name
• 10/80/10 plan: 10% on booking plus 4% DLD, 80% in instalments through the build, 10% on handover
• Completion expected June 2031
• At the entry price this clears the AED 2 million line for the 10 year UAE Golden Visa; see our Dubai guide

Verta's expert insight

The payment plan is the most buyer friendly on our Dubai list. Ten per cent to book, 80% spread across the build and only 10% at handover. Most Dubai plans put 20 to 40% on the handover date, which is exactly when a lot of buyers find their funding has moved.

Branded stock in Dubai carries a premium of roughly 20 to 30% over unbranded in the same building class, and it holds better when the brand is attached to an operator that runs the building. Business Bay is the most liquid rental market after Marina and short let yields have run ahead of long let, which suits a Palace address.

June 2031 is the longest handover we currently offer, and branded service charges run above the district average.

Prices are the developer's published starting prices at 22 October 2026, converted from UAE dirhams at 1 AED = £0.2058 and rounded, so the sterling figure moves with the exchange rate. Availability and prices change as units sell; ask us for the latest price list.

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