Avarra by Palace — project image
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
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 131,560 / year
Cash-on-Cash
2.2%
Levered cashflow AED 30,946
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 1.40M / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

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Payment Structure

10% down payment

Published payment summary

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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

Avarra by Palace location map
Project location

Nearby Destinations

Business Bay

Developer and Project Facts

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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RERA Registered
Qualified Buyer Flow
Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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