Avarra by Palace is a prestigious, high-rise branded residential icon by Emaar Properties in the vibrant commercial plus residential hub of Business Bay. The tower, soaring to 78 storeys, is tied to the five-star hotel legacy of Palace Hotels + Resorts, making sure of top-tier hospitality and exclusive luxury standards. The development delivers a total of 687 units, featuring sophisticated and spacious layouts from 1-Bedroom up to 4-Bedroom Apartments, as well as an exclusive 6-Bedroom Penthouse (14,861 sq. ft.).

Located with expansive glass façades and balconies, the residences capture stunning, unmatched vistas of the Burj Khalifa skyline and the Dubai Water Canal. Positioned on Marasi Drive, the project gives quick access to major landmarks like the Dubai Mall and Downtown Dubai. Avarra is a Freehold property. Beginning prices for a 1-bedroom apartment are from AED 2.7 Million. The payment structure is a long-term, investor-friendly 90/10 construction-linked plan (10% on Handover). Handover is set for Q2 – 2031.

Property Details

Location & Connectivity

Avarra by Palace boasts a prime canal-front location in Business Bay, minutes away from Dubai’s most iconic landmarks, giving a highly walkable and connected urban lifestyle.

• 5 Minutes – Marasi Drive (Waterfront Promenade) and Bay Avenue Park.
• 7 Minutes – Burj Khalifa and The Dubai Mall / Dubai Fountain.
• 8 Minutes – Dubai International Financial Centre (DIFC).
• 9 Minutes – Dubai Opera.
• 15 Minutes – Dubai International Airport (DXB).
• Direct Access – Dubai Water Canal promenade (jogging/cycling tracks).
• Connectivity – Quick access to Sheikh Zayed Road and Al Khail Road.

Why Invest in Avarra by Palace

• Branded Luxury and Heritage: Investing in a residence branded by Palace Hotels + Resorts—part of Emaar’s Hospitality Group—ensures a product with superior finishing, personalized service, and a strong global resale premium.
• Iconic Views and Location: The tower’s height (78 storeys) and waterfront position offer guaranteed, permanent, and iconic views of the Burj Khalifa, Downtown skyline, and the Dubai Canal, commanding premium rental rates.
• Favorable 90/10 Payment Structure: The extended $90\%$ payment during the long construction phase until 2031, with only $10\%$ on handover, provides exceptional leverage for investors to benefit from capital appreciation.
• Emaar Credibility: Backed by Emaar Properties, the developer of the Burj Khalifa, the investment benefits from the highest level of trust, build quality, and timely delivery in the region.
• High Rental Yield Potential: The central Business Bay location, combined with the premium brand and waterfront access, places Avarra in Dubai’s highest-performing zone for rental yields from corporate and affluent tenants.

End Description

Features

Card Down payment: 10%

Card During Construction: 80%

Card On Completion: 10%

Location

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Floor Plan Tab

For: 1 Bedroom Apartment
Starting Price: AED 2.7 Million
Average Area: 789 Sq Ft

For: 2 Bedroom Apartment
Starting Price: Call Us
Average Area: 1,200 Sq Ft