Emaar Avarra by Palace at Business Bay, Dubai

Avarra by Palace at Business Bay is Emaar Properties' new flagship development, seamlessly combining the aesthetics of the Palace Hotels + Resorts brand with a strategic location on the banks of the Dubai Canal. The architecture of the 75-storey tower emphasises the vertical dynamics and energy of the emirate's business centre. The panoramic façades form a recognisable silhouette with stunning views in multiple directions — the Burj Khalifa, Downtown Dubai, the water surface of the canal and the Arabian Gulf.

Property at Emaar Avarra by Palace at Business Bay is represented by a large-scale collection of branded apartments with 1-4 bedrooms. The project comprises a total of 687 residences ranging in size from 789 sqft (73 m²) to 4,226 sqft (393 m²). The interiors are styled in the characteristic Palace aesthetic — a warm colour palette, designer lighting, an emphasis on natural textures and plenty of light. The bathrooms feature marble tiles, while the kitchens have laminated cabinets, stone countertops and backsplashes. The apartments at Emaar Avarra by Palace will be equally suitable for personal residence and premium rental.

The complex's infrastructure is on par with that of a 5-star hotel, featuring an infinity pool and lounge area with cityscape views, children's playgrounds and water features, a fitness room and yoga studio, lawns for barbecues and picnics, and a multifunctional hall for events. There are cafes and retail outlets on the lower floors. The project also includes a 24-hour concierge service, security, underground parking, and smart-home systems. Location is a major advantage, with access to the waterfront, walking and cycling routes along the canal, and easy access to Sheikh Zayed Road and Al Khail Road.

In terms of investment, the potential for buying property at Emaar Avarra by Palace is based on its strong location and the Palace's brand. Business Bay is ranked among the most sustainable and liquid areas of Dubai. It is home to office centres, hotels, restaurants, waterfronts, fitness studios and supermarkets, as well as major infrastructure facilities such as Bay Avenue Mall & Park, Mediclinic Dubai Mall and Emirates Hospital Clinic. Dubai International Airport is about a 20-minute drive away, Burj Khalifa and Dubai Mall are just 5 minutes away, and Jumeirah Beaches are about a quarter of an hour away. Such logistics ensure that property at Business Bay enjoys stable demand for long-term and short-term rentals. The average yield on apartments in this area is around 5-7% per annum, which traditionally allows them to remain competitive.

You can buy property at Avarra by Palace at Business Bay on interest-free installment terms from Emaar: 10% down payment, 80% in staged payments during construction, and 10% upon handover in Q2 2031. This schedule allows the customer to firmly fix the price at an early stage and comfortably distribute payments. The starting cost of 1-bedroom residences in the project is 2 700 000 AED (735 100 $), and 2-bedroom residences are available from 4 000 000 AED (1 089 000 $). You can buy 3-bedroom apartments by Emaar Properties at a price starting from 5 700 000 AED (1 551 900 $), and 4-bedroom apartments — from 13 400 000 AED (3 648 200 $). The pricing is quite competitive for the branded property in Dubai, especially when it comes to a highly aesthetic project with a strategic location and tangible investment logic.

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