Avarra by Palace at a glance
Avarra by Palace is a new branded residential tower by Emaar in Business Bay, Dubai. It carries the Palace name from Emaar’s own hospitality brand, Palace Hotels and Resorts. The tower sits next to Business Bay Metro Station. Homes are 1 to 4 bedroom apartments plus a 6 bedroom penthouse. Emaar describes it as a super high rise tower with views of Burj Khalifa, the sea and Business Bay.
The launch is coming soon. Emaar has not published prices, the payment plan or the handover date yet. Register with Cresco Real Estate and we will send the official details the day Emaar releases them.
| Developer | Emaar Properties |
| Brand | Palace (Palace Hotels and Resorts by Emaar) |
| Location | Business Bay, Dubai, next to Business Bay Metro Station |
| Building | One super high rise branded residential tower |
| Unit types | 1 to 4 bedroom apartments and a 6 bedroom penthouse |
| Status | Launching soon |
| Starting price | Not yet published by the developer |
| Payment plan | Not yet published by the developer |
| Handover | Not yet published by the developer |
The tower and the views
The design uses large glass facades and deep curved balconies on every level. Emaar says the homes look out over the sea, Burj Khalifa, Downtown Dubai and Business Bay. The upper floors step back into wide terraces. Some of the larger homes in the renders have private pools on the terrace.
The ground floor has a double height lobby with a concierge desk. The renders also show cafés and shops at street level facing the Burj Khalifa skyline.
Palace branded living
Palace Hotels and Resorts is Emaar’s homegrown luxury hotel brand. Emaar says the Palace name brings personal service and close attention to detail to the residences. Interiors in the brochure use warm natural materials, soft curves and full height windows.
Avarra is not the first Palace branded home by Emaar. You can also see Lyvia by Palace at Dubai Creek Harbour.
Amenities
- Infinity pool and pool deck
- Kids pool
- Gym and outdoor fitness area
- Yoga zone
- BBQ and picnic area
- Kids play area
Location and drive times
Avarra by Palace is in Business Bay beside Business Bay Metro Station, close to Sheikh Zayed Road and the Dubai Canal. Emaar gives these drive times:
- Burj Khalifa and The Dubai Mall: 9 minutes
- Dubai Creek Harbour: 14 minutes
- Dubai International Airport: 15 minutes
- Dubai Hills Mall and Dubai Hills Estate: 30 minutes
What the developer has not published yet
- Launch date
- Prices for each unit type
- Payment plan
- Handover date
- Unit sizes in sq ft
- Number of floors and number of homes
- Service charges
Frequently asked questions
What is Avarra by Palace?
Avarra by Palace is a branded residential tower by Emaar in Business Bay, Dubai, carrying the Palace hotel brand.
Who is the developer of Avarra by Palace?
Emaar Properties. Palace Hotels and Resorts is Emaar’s own hospitality brand.
What unit types are available?
1 to 4 bedroom apartments and a 6 bedroom penthouse.
Where exactly is Avarra by Palace?
In Business Bay next to Business Bay Metro Station. Emaar says it is 9 minutes from Burj Khalifa and The Dubai Mall.
What is the price and payment plan?
Emaar has not published prices or the payment plan yet. Register with Cresco and we will send them on launch day.
When is the handover?
Emaar has not published a handover date yet.
Register for Avarra by Palace launch details
Cresco Real Estate is a RERA registered brokerage in Dubai, ORN 34288. We work directly with Emaar launches. Register your interest and we will send the official price list, payment plan and floor plans as soon as Emaar releases them. Call us on +971 4 529 9647 or send us your requirement.
Facts and images on this page come from the official Avarra by Palace brochure by Emaar, checked 23 October 2026. Images are developer renders and are illustrative only.
More about Business Bay
Read the Cresco area guide to Business Bay. Prices, rental yields, handover timelines, schools, commute times and what actually sells there.
Open the Business Bay area guide
You may also want to read how buying off plan works and work out the rental yield.
What buyers actually registered in Business Bay
Dubai Land Department registered transactions, not advertised asking prices.
Between 1 September 2026 and 11 October 2026, 410 residential sales were registered in Business Bay. The median was AED 1,950,000 and the middle half fell between AED 1,265,765 and AED 2,369,615.
| Registered median price, Business Bay | AED 1,950,000 |
| Middle half of registered sales | AED 1,265,765 to AED 2,369,615 |
| Registered median per sq ft | AED 2,084 |
| Registered median unit size | 845 sq ft |
| Share bought off plan | 38% |
| Ready stock, median per sq ft | AED 1,771 from 256 sales |
| Off plan stock, median per sq ft | AED 2,467 from 154 sales |
| Registered residential sales in the period | 410 |
Registered sales by bedroom count in Business Bay
| Type | Sales | Median price | Per sq ft | Median size |
|---|---|---|---|---|
| Studio | 76 | AED 1,100,000 | AED 2,359 | 467 sq ft |
| 1 B/R | 209 | AED 1,935,000 | AED 2,161 | 832 sq ft |
| 2 B/R | 84 | AED 2,425,000 | AED 1,911 | 1,318 sq ft |
| 3 B/R | 32 | AED 3,790,000 | AED 1,735 | 1,941 sq ft |
| 4 B/R | 9 | AED 5,550,000 | AED 1,253 | 2,591 sq ft |
Source: Dubai Land Department open data. Registered sales of residential units between 1 September 2026 and 11 October 2026. Mortgages and gift transfers are excluded because they are not arms length sales. Sizes are converted from square metres at 10.7639 sq ft per sq m. The entry price shown for this project is our advertised starting price and is not a registered transaction. Community figures are medians across every project in the community, not this project alone. We do not publish a price per square foot for this project because advertised size ranges are not a reliable basis for that calculation.
What actually transacted in Business Bay
Before you judge a launch price, look at what the community around it registered. Over the last twelve months Business Bay recorded 19,309 registered rental contracts and 2,646 ready sales, all filed with the Dubai Land Department. These are signed contracts, not asking prices.
Rent registered at AED 119 per sqft against a ready sale price of AED 1,986 per sqft. That is a gross yield of 6.0% on ready stock in this community.
We use ready sale prices rather than blended prices deliberately. You cannot rent a home that has not been handed over, so an off plan launch price in a yield calculation produces a number that cannot happen.
Registered rents in Business Bay moved +2.3 against the twelve months before.
The shorter window disagrees. On the most recent three months of contracts the same community reads -10.4%. Summer seasonality and smaller samples both sit inside that number, but we publish it rather than quote only the figure that flatters the market.
| Unit type | Contracts registered | Average annual rent (AED) | Rent per sqft (AED) | Change vs 12 months earlier |
|---|---|---|---|---|
| Studio | 4,452 | 68,967 | 145 | +0.7 |
| 1 bedroom | 8,033 | 93,568 | 120 | +2.1 |
| 2 bedroom | 5,152 | 134,111 | 102 | +3.3 |
| 3 bedroom | 1,540 | 187,515 | 93 | +4.6 |
| All apartments | 19,309 | 108,453 | 119 | +2.3 |
Full Business Bay guide · Live Dubai market update · Run these numbers on a specific unit
Data verified 27 September 2026. Dubai Land Department registered transactions via Bayut TruView, rolling 12 months to September 2026.
