New homes in Avarra by Palace Business Bay start at AED 2,700,000; keys are due Jun 2031; you pay 10% to book, 80% while it is built and 10% at the keys.
In the 12 months to Nov 9, 2026, Dubai Land Department recorded 67 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Avarra by Palace. Their median price is AED 3,505 per sq ft (about AED 2,765,000 at 789 sq ft). This project's from price is AED 3,422 per sq ft (AED 2,700,000 for its smallest home, 789 sq ft), 2% less.
Keys
Jun 2031
The developer's handover date
Payment plan
10 / 80 / 10
10% to book, 80% while it is built, 10% at the keys
Bedrooms
1 to 6 beds
Sizes
789 to 14,861 sq ft
Ownership
Freehold
Property types
Apartment and Penthouse
Registration fee
4% of the price
Paid to the Dubai Land Department
As of Nov 1, 2026. These details can change; confirm them with the developer before you book.
Dubai Land Department register
From price per sq ft
AED 3,422 per sq ft
Similar off-plan homes: AED 3,505 per sq ft
RERA project
4227
Check it in Dubai REST, the Dubai Land Department's official app.
Built
0%
Not started. DLD register, Nov 11, 2026
Completion on the register
Jun 2031
DLD shows only the current date. We have recorded it since Nov 11, 2026 and it hasn't moved.
Escrow account
بنك الإمارات دبي الوطني (ش.م.ع)
The bank that holds your payments
Registered homes
694
In 1 buildings
Dubai Land Department project register, as of Nov 11, 2026.
Paying for it
You pay 10% when you book, 80% as the building goes up, and 10% when you get the keys.
AED
When
Stage
Share
Amount
Paid by then
NowBooking · 10%
Booking
10%
AED 270,000+ AED 108,000 DLD fee
AED 378,000
May 2027While it is built · 10%
While it is built
10%
AED 270,000
AED 648,000
Nov 2027While it is built · 10%
While it is built
10%
AED 270,000
AED 918,000
May 2028While it is built · 10%
While it is built
10%
AED 270,000
AED 1,188,000
Nov 2028While it is built · 10%
While it is built
10%
AED 270,000
AED 1,458,000
Jun 2029While it is built · 10%
While it is built
10%
AED 270,000
AED 1,728,000
Dec 2029While it is built · 10%
While it is built
10%
AED 270,000
AED 1,998,000
Jun 2030While it is built · 10%
While it is built
10%
AED 270,000
AED 2,268,000
Dec 2030While it is built · 10%
While it is built
10%
AED 270,000
AED 2,538,000
Jun 2031Keys · 10%
Keys
10%
AED 270,000
AED 2,808,000
Booking payment, 10%
AED 270,000
Dubai Land Department fee (Oqood), 4%
AED 108,000
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 378,000
Total costPrice plus the DLD fee
AED 2,808,000
The dates are our estimate: we spread the construction share evenly between now and the keys. The developer's real dates follow the building work, so they can move.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
A mortgage at the keys
Before you buy
Pay into the project's escrow account only.
This project's escrow account is at the bank named on the register above, watched by RERA. Pay into that account, never to a person.
Check the developer's record.
The Dubai Land Department project register lists 57 finished projects by this developer since 2016. 57 of the 57 were finished by the completion date DLD holds now. DLD replaces that date when a project is given more time and keeps no earlier dates, so this can't show which ones ran late. We have recorded the completion dates of their 49 projects under way since Jun 12, 2026. None has moved since then.
Budget for the service charge.
Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. "Rent and yield" below gives the figure for this project.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
Is the price fair?
Dubai Land Department recorded 67 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Avarra by Palace, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Dubai Land Department recorded 67 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Avarra by Palace, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 3,505 per sq ft
AED 3,398 to AED 3,436 per sq ft
4 sales
This project's from price is in this band.
AED 3,436 to AED 3,475 per sq ft
10 sales
AED 3,475 to AED 3,513 per sq ft
25 sales
AED 3,513 to AED 3,551 per sq ft
17 sales
AED 3,551 to AED 3,590 per sq ft
5 sales
AED 3,590 to AED 3,628 per sq ft
4 sales
AED 3,628 to AED 3,666 per sq ft
1 sale
AED 3,666 to AED 3,705 per sq ft
1 sale
AED 3,398 per sq ftAED 3,705 per sq ft
This project AED 3,422 per sq ft
Half of the sales sold for AED 3,479 to AED 3,537 per sq ft
The median is the middle sale: half sold for less, half for more.
Show as tableShow as chart
Price per sq ft
Sales
AED 3,398 to AED 3,436 per sq ft
4
AED 3,436 to AED 3,475 per sq ft
10
AED 3,475 to AED 3,513 per sq ft
25
AED 3,513 to AED 3,551 per sq ft
17
AED 3,551 to AED 3,590 per sq ft
5
AED 3,590 to AED 3,628 per sq ft
4
AED 3,628 to AED 3,666 per sq ft
1
AED 3,666 to AED 3,705 per sq ft
1
The 3 closest sales
Picked from the 67 similar sales above, closest in size to this project's smallest home.
Jan 2026AED 2,725,888AED 3,451 per sq ftAvarra by Palace, 790 sq ft
Mar 2026AED 2,704,569AED 3,423 per sq ftAvarra by Palace, 790 sq ft
Jan 2026AED 2,690,970AED 3,406 per sq ftAvarra by Palace, 790 sq ft
Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Business Bay in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
1-bed apartmentFrom AED 2,700,000 here
Off-plan medianAED 2,291,000AED 2,671 per sq ft
Sales1,749
2% below 67 similar sales
2-bed apartment
Off-plan medianAED 3,570,000AED 2,691 per sq ft
Sales953
3-bed apartment
Off-plan medianAED 5,829,000AED 3,046 per sq ft
Sales219
4-bed apartment
Off-plan medianAED 12,289,000AED 3,094 per sq ft
Sales33
5-bed apartment
Off-plan medianToo few sales for a median
Sales11
Sales from Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from priceRent ÷ price
3.6%
Net yield at the from price(Rent − service charge) ÷ (price + DLD fee)
2.6%
Typical gross yield of similar ready homes
7%
Median rent of 1-bed apartments in Business Bay
AED 98,000 a year
Service charge a year, from the keysThe area median, AED 30 per sq ft from 36 buildings, as of 2024, for the smallest home (789 sq ft)
AED 23,670
Rent contracts counted
4,357
Rented between
Apr 1, 2025 and Mar 31, 2026
1-bed apartment
AED 98,000 a year
2-bed apartment
AED 140,000 a year
3-bed apartment
AED 200,000 a year
4-bed apartment
AED 327,500 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 98,000 ÷ AED 2,700,000 = 3.6%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
On your doorstep
Business Bay Metro Station200 m, 6 min walkMetro station
Mercato Beach3.3 km, 9 min driveBeach
Business Bay creek front1.3 km, 4 min driveWaterfront
JSS School950 m, 6 min driveSchool
Horizon English School1.1 km, 5 min driveBritish school
Al Ittihad Private School2.3 km, 10 min driveAmerican school
Jumeirah Baccalaureate School3.2 km, 9 min driveIB school
Bay Avenue Mall450 m, 7 min walkMall
Nexx Home Healthcare Services650 m, 10 min walkHospital
Avarra by Palace is an Emaar Properties project in Business Bay with one- to four-bedroom apartments and a six-bedroom penthouse from AED 2,700,000; the listed handover is June 2031. Our price check puts the from price about 32% above 773 similar one-bedroom sales in Business Bay (12 months to October 2026), and 90% of the price is due before handover.
The price check comes first here. Our check puts the from price about 32% above 773 similar one-bedroom sales in Business Bay (12 months to October 2026). The project carries the Palace brand. Ask which unit and view the from price is for before you compare it with those sales.
The plan is 10% on booking, 80% during construction and 10% at handover. At the from price that is AED 270,000 to book and AED 2,160,000 during the build, AED 2,430,000 before handover. The last AED 270,000 is due at handover, and the listed handover is June 2031, more than four and a half years away. Separately, the 4% DLD fee comes to AED 108,000; ask when it is due.
One-bedroom homes are about 789 sq ft, two-bedroom about 1,199 sq ft, three-bedroom about 1,640 sq ft and four-bedroom about 4,226 sq ft. A single six-bedroom penthouse of about 14,861 sq ft tops the range; the listing gives no five-bedroom layout. Residents get an infinity pool, a fully equipped gym, a yoga zone, a kids' pool and play area, barbecue and picnic spaces, gardens and 24-hour security.
Business Bay Metro Station is about 180 m away and a polyclinic about 20 m. JSS School is about 930 m away and Horizon English School about 1.1 km. Dubai Hills Golf Club is about 8.7 km away, roughly 16 minutes by car by our estimate.
The developer's plans. Sizes and layouts can change; ask the developer for the plan of the exact unit you're looking at.
1 BR
2 BR
3 BR
4 BR
6 BR
How prices moved
Median price of 1-bed apartments in Business Bay, over the 12 months to each dateUp 8% from Dec 2024 to Sep 2026.
Dec 2024AED 2,464 per sq ft
Sep 2026AED 2,671 per sq ft
Show as tableShow as chart
12 months to
Median price
Sales
Sep 2026
AED 2,671 per sq ft
1,749 sales
Jun 2026
AED 2,711 per sq ft
2,659 sales
Mar 2026
AED 2,658 per sq ft
3,140 sales
Dec 2025
AED 2,600 per sq ft
3,213 sales
Sep 2025
AED 2,483 per sq ft
3,255 sales
Jun 2025
AED 2,450 per sq ft
2,791 sales
Mar 2025
AED 2,500 per sq ft
2,820 sales
Dec 2024
AED 2,464 per sq ft
2,999 sales
Off-plan sales only.
Questions about this project
Can foreigners buy here?
Yes. The listing gives Avarra by Palace as freehold, so foreign buyers can own outright.
How does the price compare with Business Bay?
Our price check puts the from price about 32% above 773 similar one-bedroom sales in Business Bay (12 months to October 2026).
How much do I pay during construction?
90% falls before handover: AED 270,000 on booking and AED 2,160,000 during the build, AED 2,430,000 in all at the from price. Separately, the 4% DLD fee comes to AED 108,000; ask when it is due. The last AED 270,000 is due at handover.
Which layouts can I buy?
One- to four-bedroom apartments of about 789 to 4,226 sq ft, and one six-bedroom penthouse of about 14,861 sq ft.
When is handover?
The listed handover is June 2031, more than four and a half years from now. Ask Emaar for the build timeline.
