Avarra by Palace is a new residential tower by Emaar Properties. It stands directly along the Dubai Water Canal in Business Bay. This marks Emaar's first Palace Hotels & Resorts branded project in the area. Because of this, residents enjoy a true hotel-style living experience.

The building rises 67 stories high above a 10-level podium. It features 688 private homes and six ground-floor retail shops. Buyers can choose from one to four-bedroom apartments. A massive six-bedroom penthouse is also available at the top.

Floor-to-ceiling windows come standard in every home. Most layouts offer clear views of the canal or the Burj Khalifa. The interiors feature soft, warm tones and high-end finishes. These choices create a calm, resort-like atmosphere indoors. Handover is expected in Q2 2031, allowing flexible pre-completion payment plans.

Why Buying Off-Plan at Avarra by Palace Makes Sense

Buying off-plan at Avarra by Palace offers distinct advantages for smart buyers:

• Lower Entry Price: Units start at AED 2.7 million. Existing branded towers in Business Bay already command higher rates per square foot. Buying now locks in current prices for a future asset.
• Flexible Payment Structure: The 90/10 payment plan protects your cash flow. You pay 10% at booking, 80% during construction, and the final 10% at handover. Your funds remain accessible longer.
• Proven Developer Track Record: Emaar created the Burj Khalifa and Dubai Mall, delivering over 118,000 homes globally. That history offers solid security for off-plan buyers.
• Strong Brand Value: Palace Hotels & Resorts adds prestige and top-tier service. Branded residences hold value well and secure higher rental yields from premium tenants.
• High Growth Potential: Business Bay continues to expand with new infrastructure and metro links. Entering early puts you ahead of future market increases.

Pricing and Payment Plan

Avarra by Palace covers a wide range of budgets and layouts, from 789 sq ft apartments up to a 14,861 sq ft penthouse.

1-Bedroom

Starting from AED 2.7 million, sized between 788 and 816 sq ft. Suited to professionals or couples who want a central address without the price tag of Downtown.

2-Bedroom

Starting from AED 4.0 million, ranging from 1,199 to 1,449 sq ft. Enough space for a small family or a home office.

3-Bedroom

Starting from AED 5.7 million, up to 1,848 sq ft. Roomy layouts with proper dining space and wide balconies for canal views.

4-Bedroom

Starting from around AED 13 million, up to 4,795 sq ft. Built for larger families who want space without leaving the city centre.

6-Bedroom Penthouse

A single, expansive layout at 14,861 sq ft. This is the flagship home in the tower, made for buyers who want the very top of what Avarra offers.

The payment plan runs 90/10. Buyers pay 10% to book, another 80% in stages while the tower is under construction, and the last 10% when handover arrives in Q2 2031.

Note: Prices and unit availability shift as the project sells. Confirm the latest figures with a broker or Emaar directly before making a decision.

Return on Investment Potential

Business Bay is one of Dubai's most established rental markets, sitting next to Downtown Dubai and DIFC. Gross rental yields in the area typically run between 5.5% and 7%, with studios and one-bedroom units usually landing at the higher end.

Avarra by Palace has a few things working in its favour:

• Branded premium. Homes under a recognized hospitality brand tend to rent and resell for more than unbranded stock in the same area.
• Canal-front demand. Waterfront units along the Dubai Water Canal are limited in supply. Tenants and buyers pay more for the view and the walkable promenade.
• Central location. Business Bay sits minutes from Downtown Dubai, DIFC, and Sheikh Zayed Road, which keeps demand steady from professionals working across the city.
• Golden Visa eligibility. Every unit here qualifies for the UAE's 10-year Golden Visa, since prices start above the AED 2 million threshold.
• No income or capital gains tax. Dubai does not tax rental income or property profit, so returns stay whole.
• Freehold ownership. Business Bay is a freehold zone. Buyers from any country can own their unit outright.

Summary: Key Facts at a Glance

Who Can Invest in Avarra by Palace?

• Professionals. Business Bay sits close to DIFC and Downtown, so a short commute is part of the deal. Add hotel-style amenities on-site and you get a home that feels like a break from work, not an extension of it.
• Families. Larger 3 and 4-bedroom layouts give families room to grow, while the kids' pool and play areas keep younger residents entertained without leaving the building.
• Global Investors. Freehold ownership, a trusted developer, and a well-known hospitality brand combine to make this an easy sell to overseas buyers who want a hands-off investment.
• Second-Home Buyers. A branded, serviced address in a central location works well for buyers who visit Dubai only part of the year and want the property looked after while they're away.
• Long-Term Investors. Buying off-plan today means getting in years before the canal district's ongoing upgrades and new metro stations are complete. That gap is usually where early buyers capture the most value.

What Sets Avarra by Palace Apart from Other Towers in Business Bay

Business Bay already has dozens of residential towers. Avarra by Palace stands out for a few specific reasons.

• A genuine hospitality brand. Most towers borrow luxury language. Avarra carries the Palace Hotels & Resorts name, with service standards and design language drawn from an established hotel brand, not just marketing copy.
• A rare penthouse. Six-bedroom penthouses are uncommon in Business Bay. Avarra's 14,861 sq ft flagship home gives buyers an option most towers in the area simply don't offer.
• Canal frontage. Not every Business Bay tower sits directly on the Dubai Water Canal. Avarra's location puts the promenade, cycling track, and water views within walking distance.
• Boutique scale at height. With only six retail units at ground level, Avarra keeps a quieter, more residential feel at street level, even while rising 67 floors above it.