2BR Apartment in Avarra by Palace, Business Bay

This 2-bedroom, 2-bathroom apartment at Avarra by Palace by Emaar Properties offers 1,429 sq ft in Business Bay, priced from AED 4,353,888 (about AED 3,047 per sq ft), with handover expected in Q2 2031.

Avarra by Palace is a Palace-branded Emaar residential building in Business Bay with 1 to 4-bedroom apartments of about 789 to 4,226 sq ft; bookings opened in May 2026. The Dubai Land Department lists it as project 4227 (Emaar Development P.J.S.C.), registered in November 2025 with 694 units: 688 homes (314 one-bedroom, 234 two-bedroom, 118 three-bedroom, 21 four-bedroom and 1 six-bedroom) and 6 commercial units. Construction stood at 0.08% at the latest DLD inspection on 10 June 2026. Facilities include a temperature-controlled pool with a children's area, a gym, a spa and wellness centre with steam and sauna rooms, a yoga deck, a jogging track, a table tennis lounge, cabanas, landscaped gardens and a kids' play area, with 24/7 concierge.

DIFC is about 5 minutes away, Downtown Dubai about 7 to 8 minutes, Dubai Mall and Burj Khalifa about 10 minutes, Safa Park about 12 minutes and Dubai International Airport about 15 to 20 minutes.

The 2-bedroom layout suits couples and small families who want hotel-brand quality minutes from Downtown Dubai.

What is the payment plan for Avarra by Palace? 10% on booking, 80% during construction and 10% on handover. Dubai Land Department registration adds 4% of the purchase price.

How does the price compare with Business Bay? Registered sales in Business Bay had a median of AED 2,431 per sq ft from 1 January to 1 October 2026 (Dubai Land Department, 4,754 sales). At about AED 3,047 per sq ft, this unit is around 25% above that median.

What rental yield can investors expect in Business Bay? The median annual rent was AED 95,000, a gross yield of about 4.6% over the same period (Dubai Land Department, 17,685 Ejari contracts in Business Bay). Actual returns depend on the unit, floor and market at handover.

When will Avarra by Palace be completed? Our feed lists handover in Q2 2031.

Prices and availability come from the developer and can change. Contact Platinum Square for current availability, floor plans and the full payment schedule.