Price from
AED 2.82M
Starting price for Avarra by Palace.

New Launch
Avarra by Palace is an Emaar Properties hospitality-branded residential tower in Business Bay, priced from AED 2.
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Data coverage
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Price from
AED 2.82M
Starting price for Avarra by Palace.
Completion
Q2 2031
Tracked completion target for Avarra by Palace.
Related projects
95
Nearby launches and other Emaar Properties projects.
Avarra by Palace enters Business Bay as an Emaar Properties hospitality-branded residential tower, with units priced from AED 2.82M and a Q2 2031 handover target. Observed pricing across 119 tracked transactions sits between AED 33,370 and AED 43,286 per sqm, positioning the project above Business Bay's mid-market tier but below the canal-front premium commanded by the district's best-located stock. The selection decision turns on whether Emaar's Palace brand justifies the per sqm premium relative to competing launches in the same delivery window — and whether Business Bay's rental and resale fundamentals at 2031 support the capital exposure on a risk-adjusted basis.
The unit stack at Avarra by Palace divides across two configurations. The one-bedroom band spans 76.65 to 76.92 sqm and prices from AED 2.82M to AED 3.26M, producing a per sqm range of approximately AED 36,800 to AED 42,400 depending on floor and orientation. The larger configuration runs from 111.48 to 134.15 sqm and is priced from AED 4M to AED 4.91M; the wider sqm spread across this band reflects floor, view, and canal-proximity variability that drives meaningful price dispersion within the type. Across 119 tracked transactions, the observed per sqm range of AED 33,370 to AED 43,286 represents live market pricing rather than developer list projection, a distinction that matters when stress-testing resale assumptions at handover. Most Business Bay off-plan launches at comparable construction stages lack this depth of secondary pricing evidence, which makes it harder for buyers to validate whether launch premiums are sustainable. The one-bedroom footprints are tightly specified at under 77 sqm, which is consistent with how Emaar structures Palace-branded residential product: compact plans with high-finish interiors and full hotel-service access, rather than large raw area at lower specification. All acquisitions attract a 4% Dubai Land Department transfer fee plus a 4% buyer-side fee, adding approximately AED 226,000 in buyer-side transaction costs at the entry price of AED 2.82M. These costs must be modelled into total capital deployment before comparing Avarra against ready Business Bay stock at equivalent price points.
Business Bay is one of Dubai's most liquid residential investment districts, running along the Dubai Canal between Downtown Dubai and Al Quoz. Its mixed-use character — corporate towers, hotel flagships, and residential product occupying the same master plan — creates a structural rental demand base driven by professionals who prioritise proximity to DIFC, Downtown Dubai, and Sheikh Zayed Road over the resort-style amenity packages that dominate newer peripheral districts. For Avarra by Palace, the Business Bay address grounds the investment case in a market with proven absorption depth rather than speculative future infrastructure delivery. Canal-facing residential stock in Business Bay has historically sustained a 10 to 15 percent per sqm premium over non-canal equivalents in comparable towers within the same zone — a differential that buyers should verify for Avarra's specific plot positioning before accepting branded premium as the primary value driver. The district's off-plan pipeline is consistently active, which sustains competitive pricing pressure at launch and at resale but also reflects the sustained depth of developer and investor confidence in the address. The Palace brand adds a full-service hospitality management layer above standard residential tenure, which is directly relevant for buyers intending to operate units on short-term or serviced-apartment rental programmes rather than long-term residential leases. The hospitality management structure also affects service charge levels and lease flexibility at handover — both of which buyers should confirm before comparing net yield projections against non-branded alternatives in the same district. For buyers weighing the off-plan commitment against ready product, the off-plan versus ready analysis for Business Bay shows where the yield gap and liquidity discount currently sit.
Emaar Properties maintains simultaneous active launches across multiple Dubai districts, giving buyers genuine intra-developer comparison options. Fior1 By Emaar is the most direct comparison point within the current Emaar pipeline for buyers evaluating Avarra by Palace — its delivery window, per sqm pricing, and unit configuration should be stacked against Avarra's tracked transaction data to determine whether the Palace brand uplift translates into measurably stronger resale or rental performance at a comparable price point. Palmiera Collective represents Emaar's community-residential positioning at a different location tier and product category, relevant for buyers assessing whether Business Bay's per sqm premium is justified against Emaar's broader portfolio positioning. Emaar's institutional delivery record, consistent DLD registration discipline, and deep resale market across completed projects are meaningful buyer protections that reduce the delivery and title risk inherent in a Q2 2031 commitment. The Palace branding also introduces a hospitality management and operational structure at handover that differs materially from standard freehold residential arrangements — service charge structures, short-term rental licensing, and building management contracts should all be confirmed in the SPA before committing. Buyers reviewing the full current Emaar pipeline through active projects gain the context needed to determine where Avarra sits in Emaar's launch sequence and whether competing Emaar launches in nearby districts offer equivalent yield exposure with shorter capital lock-in periods.
Business Bay's active off-plan pipeline means buyers deciding Avarra by Palace should interrogate at least three competing launches before committing capital. Haus of Tenet and Aykon City 3 are the most relevant non-Emaar comparisons in the district's mid-to-upper residential stack — their delivery timelines, per sqm pricing, and unit configurations should be benchmarked directly against Avarra's tracked transaction range and Q2 2031 handover date. An earlier handover on comparable per sqm terms materially changes the investment case for yield-focused buyers by compressing the capital lock-in period and bringing rental income forward. Terra Woods occupies a different product category but is relevant for buyers evaluating finish specification and lifestyle positioning against what the Palace brand actually delivers in terms of building amenity and management quality rather than branded marketing claims. Bearau Lamar Commercial Tower is a commercial-use alternative in the same district for buyers whose capital deployment rationale includes office or commercial asset exposure, where the rental yield mechanics and vacancy risk profile differ from residential. For buyers whose primary filter is location quality within Business Bay, the decisive variables are canal proximity, podium amenity, and management credibility — criteria on which Avarra's Palace flag creates a genuine service environment advantage over most non-branded alternatives in the same price band. The full competitive landscape for all active launches in the district is covered in the Business Bay area overview.

Avarra by Palace prices between AED 33,370 and AED 43,286 per sqm across tracked transactions, placing it above Business Bay's non-branded residential average. The Palace hospitality flag — an Emaar Hospitality Group marque — commands a premium consistent with how branded residences price across Dubai's prime mixed-use districts, where service amenity and operational management justify a spread over comparable unbranded product. Buyers should benchmark this directly against [Haus of Tenet](/projects/haus-of-tenet) and [Aykon City 3](/projects/aykon-city-3) in the same district to determine whether the Palace premium is supported by superior location, finish specification, or service provision rather than brand association alone. Canal-facing units at Avarra by Palace carry an additional premium within the project's internal pricing hierarchy that is not fully captured in the observed overall range.
Emaar Properties is Dubai's largest developer by volume and operates under sustained DLD oversight with a delivery track record that institutional buyers and repeat investors treat as materially lower risk than smaller or newer developers. Large mixed-use towers have occasionally tracked six to twelve months past original targets, but Emaar's contractor relationships and project capitalisation reduce the probability of significant delay. For Avarra's Q2 2031 target, buyers are carrying a five-year construction horizon from a 2026 launch position. Buyers for whom rental income timing or portfolio rebalancing is sensitive should review [off-plan versus ready property considerations](/compare/off-plan-vs-ready) to model whether a 2031 handover aligns with their capital deployment strategy before locking in off-plan exposure at current pricing.
The list price starts from AED 2.82M for the one-bedroom configuration at 76.65 to 76.92 sqm. Buyers face a 4% Dubai Land Department transfer fee and a 4% buyer-side fee on top of the purchase price — approximately AED 226,000 in combined transaction costs at entry level, bringing the all-in acquisition position to roughly AED 3.05M before financing. At handover, service charges applicable to a hospitality-branded tower in Business Bay will typically run higher than standard residential rates, a recurring cost that affects net yield calculations from day one of tenancy. Reviewing [buying process guidance](/buy) before signing a sale and purchase agreement ensures all cost components are captured in the investment underwriting.

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