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 Oct 19, 2026, Dubai Land Department recorded 773 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Business Bay. Their median price is AED 2,583 per sq ft (about AED 2,038,000 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), 32% more.
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
Details from the developer, as of Nov 1, 2026. They can change; ask us to confirm before you book.
Dubai Land Department register
From price per sq ft
AED 3,422 per sq ft
Similar off-plan homes: AED 2,583 per sq ft
We couldn't match this project to the Dubai Land Department project register yet. Ask us for its RERA project number.
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
Now
Booking
10%
AED 270,000
May 2027
While it is built
10%
AED 270,000
Nov 2027
While it is built
10%
AED 270,000
May 2028
While it is built
10%
AED 270,000
Nov 2028
While it is built
10%
AED 270,000
Jun 2029
While it is built
10%
AED 270,000
Dec 2029
While it is built
10%
AED 270,000
Jun 2030
While it is built
10%
AED 270,000
Dec 2030
While it is built
10%
AED 270,000
Jun 2031
Keys
10%
AED 270,000
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
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.
Before you buy
Pay into the project's escrow account only.
Every off-plan project in Dubai must have an escrow account at a bank, watched by RERA. Pay into that account, never to a person. Ask for the account number.
Budget for the service charge.
Buildings in this area paid a median of AED 30 per sq ft a year in 2024, from 36 buildings on the Dubai Land Department register. For the smallest home (789 sq ft) that is about AED 24,000 a year.
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 773 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Business Bay, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
We compare with off-plan sales across Business Bay, as this project isn't on the Dubai Land Department register yet or has too few sales.
Dubai Land Department recorded 773 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Business Bay, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 2,583 per sq ft
AED 1,201 to AED 1,584 per sq ft
9 sales
AED 1,584 to AED 1,967 per sq ft
62 sales
AED 1,967 to AED 2,350 per sq ft
151 sales
AED 2,350 to AED 2,733 per sq ft
246 sales
AED 2,733 to AED 3,116 per sq ft
196 sales
AED 3,116 to AED 3,499 per sq ft
58 sales
This project's from price is in this band.
AED 3,499 to AED 3,882 per sq ft
46 sales
AED 3,882 to AED 4,265 per sq ft
5 sales
AED 1,201 per sq ftAED 4,265 per sq ft
This project AED 3,422 per sq ft
Half of the sales sold for AED 2,320 to AED 2,903 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 1,201 to AED 1,584 per sq ft
9
AED 1,584 to AED 1,967 per sq ft
62
AED 1,967 to AED 2,350 per sq ft
151
AED 2,350 to AED 2,733 per sq ft
246
AED 2,733 to AED 3,116 per sq ft
196
AED 3,116 to AED 3,499 per sq ft
58
AED 3,499 to AED 3,882 per sq ft
46
AED 3,882 to AED 4,265 per sq ft
5
The 3 closest sales
Picked from the 773 similar sales above, closest in size to this project's smallest home.
Sep 2026AED 2,316,999AED 2,935 per sq ftBinghatti Aquarise - TOWER D, 790 sq ft
Sep 2026AED 2,000,000AED 2,533 per sq ftBinghatti Aquarise - TOWER D, 790 sq ft
Apr 2026AED 2,322,999AED 2,942 per sq ftBinghatti Aquarise - TOWER A, 790 sq ft
Sale prices from Dubai Land Department, Oct 20, 2025 to Oct 19, 2026. 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
32% above 773 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
Sale prices from Dubai Land Department, Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from price
3.6%
Typical for similar ready homes
7%
Median rent of 1-bed apartments in Business Bay
AED 98,000 a year
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 us 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 registered with the Dubai Land Department.
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.
