Avarra by Palace
Off-Plan

Avarra by Palace

From AED 3.05M·Handover Jun 2031·10% down payment Payment
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AED 3.05M
Starting Price
Jun 2031
Handover
10% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

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.

Project Specifications
DeveloperEmaar Properties
LocationBusiness Bay
Unit Types1 BR, 2 BR, 3 BR, 4 BR, Apartments
AreaBusiness Bay
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

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.

Projected Cap Rate
4.3%
NOI AED 131,560 / year
Cash-on-Cash
2.2%
Levered cashflow AED 30,946
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 198,178 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Avarra by Palace launch basis3,388AED 3.05MCurrent launch / asking basis
Business Bay ready-stock comps1,900AED 1.71MIndicative resale benchmark
Business Bay premium peer launches2,350AED 2.12MNew-launch peer set
Trophy alternative proxy2,950AED 2.65MHigher-end anchor for negotiation context

Gallery

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Avarra by Palace official render 1

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Astraterra Properties

Official Documents

Download official marketing materials from Emaar Properties.

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Payment Structure

10% down payment

Flexible Payment

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Floor Plans

Avarra by Palace — 1 Bedroom Floor Plan

Amenities & Lifestyle

Adults Pool
Arbour
BBQ
Children’s pool
Covered Parking
Dining outlets (coffee houses & restaurants)
Floating deck with sunbeds
Indoor Multipurpose Space
Infinity pool
Kids Play Area
Landscaped garden
Leisure areas
Lift
Lobby
Open air gym
Outdoor Multipurpose Space
Picnic Area
Pool Deck
Recreational areas
Resting Areas
Retail outlets
Shared Pool
Shared gym & fitness
Sitting Area
Social zone
Sunken Seating
Walking paths
Yoga Area

Location

Business Bay

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Business BayBusiness BayDubai, UAE

Developer Track Record

01

Avarra by Palace by Emaar Properties

02

Located in Business Bay

03

Starting from AED 3,048,888

04

Unit mix includes 1 BR, 2 BR, 3 BR, 4 BR

05

Expected handover: Jun 2031

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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