
Avarra by Palace is a premium project by Emaar Properties in Business Bay, created in collaboration with the Palace Hotels + Resorts brand. The complex includes two basement levels, a ground level, eleven podium floors, sixty-four residential floors, and a roof. The project offers apartments ranging from one to four bedrooms, as well as an exclusive six-bedroom penthouse. The architecture follows a contemporary style with an emphasis on large glass surfaces and wide balconies. The dynamic silhouette and panoramic glazing reveal views of the sea, Burj Khalifa, Downtown Dubai, and Business Bay. The interiors feature a warm palette and premium materials characteristic of the Palace brand, creating an atmosphere of privacy and harmony. Amenities include an infinity pool with a terrace, children’s and sports areas, a communal garden, a yoga space, a multifunctional room, and BBQ and picnic areas. The location provides quick access to key destinations: around nine minutes to Burj Khalifa and The Dubai Mall, fourteen minutes to Dubai Creek Harbour, fifteen minutes to Dubai International Airport, and about thirty minutes to Dubai Hills.
Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| Avarra by Palace launch basis | 3,388 | AED 3.05M | Current launch / asking basis |
| Business Bay ready-stock comps | 1,900 | AED 1.71M | Indicative resale benchmark |
| Business Bay premium peer launches | 2,350 | AED 2.12M | New-launch peer set |
| Trophy alternative proxy | 2,950 | AED 2.65M | Higher-end anchor for negotiation context |















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Astraterra Properties
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Business Bay
Avarra by Palace by Emaar Properties
Located in Business Bay
Starting from AED 3,048,888
Unit mix includes 1 BR, 2 BR, 3 BR, 4 BR
Expected handover: Jun 2031
Official brochure and PDF marketing materials available
Official render/gallery images available
High-ticket buyer routing · Branded / luxury filtering · Serious capital only
Share your capital range, preferred area or unit type, reservation timeline, and whether you want branded-residence, trophy-level, or discreet high-ticket stock. We use that to filter inventory before sending options.
Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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