Avarra by Palace in Business Bay
Avarra by Palace · Business Bay, Dubai
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Launch Price
AED 2.84M
Property Type
Mixed-Use
Bedrooms
1 - 6 Beds
Payment Plan
10/80/10
Handover
Q2 2031
Projected Yield
4.0 to 6.0%
Avarra by Palace enters the Business Bay off-plan market as a multiple/other project with a starting price of AED 2.84M. A 10% booking payment secures the unit. Construction-phase instalments total 80%, with the remaining 10% due at handover scheduled for Q2 2031. Tenant demand from business professionals and long-stay residents in prime Dubai supports projected gross yields in the 4.0 to 6.0% range. MonthlyDubai sends personalised shortlists to WhatsApp within 48 hours. Free to use, no agency commission involved.
Payment Plan Breakdown
From AED 36,062/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 10% | AED 283,989 Due on signing SPA |
|
| During Construction | 80% | AED 36,062/mo 63 monthly instalments |
|
| On Handover | 10% | AED 283,989 Due at Q2 2031 |
|
| Total | AED 2,839,888 | ||
On Booking
10%
AED 283,989
Due on signing SPA
During Construction
80%
AED 36,062/mo
63 monthly instalments
On Handover
10%
AED 283,989
Due at Q2 2031
Total
100%
AED 2,839,888
Questions about Avarra by Palace
What payment plan does Avarra by Palace offer?
Avarra by Palace uses a 10/80/10 payment plan. Buyers pay 10% at booking, with the remaining spread across construction and handover in Q2 2031.
Can I buy this project without a mortgage?
Yes. Dubai off-plan developer payment plans do not require bank approval or a mortgage. You pay instalments directly to the developer on a fixed schedule through to handover.
Is this project registered with RERA?
MonthlyDubai only matches buyers with RERA-registered off-plan projects. All funds are held in government-supervised escrow accounts and released only as construction milestones are verified.
How do I find out if this fits my monthly budget?
Use the form on this page. Enter your monthly instalment capacity and WhatsApp number, and the MonthlyDubai team will confirm whether Avarra by Palace fits your budget and send you comparable alternatives.
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