Avarra by Palace
Confirmed live from Emaar inventory sheet + 4% DLD Oqood fee
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Avarra by Palace · Developer Architectural Render 1
Avarra by Palace · Developer Architectural Render 2Development Overview & Masterplan Context
A branded residential tower in Business Bay carrying the Palace hospitality name, for buyers who want hotel-grade service in a central location.
Positioned within Business Bay and delivered by Emaar, Avarra by Palace forms part of the developer's Branded residences portfolio. SWK Properties provides independent buyer representation, unit comparison across floor plates, SPA review coordination, and DLD Oqood registration support.
Escrow-Linked Instalment Structure
How Payments Work for Avarra by Palace
| Milestone Stage | Typical Allocation | Regulatory Safeguard |
|---|---|---|
| 1. Reservation & SPA Signing | 10% – 20% Down Payment + 4% DLD Oqood Fee | Paid to Emaar DLD RERA Project Escrow Account |
| 2. Construction Instalments | 40% – 60% across certified build stages | Released only against DLD engineer progress certification |
| 3. Completion & Key Handover | 20% – 40% on Building Completion Certificate (BCC) | Includes pre-handover snagging inspection & Title Deed issuance |
All off-plan developments in Dubai are regulated under Dubai Law No. 8 of 2007 Concerning Escrow Accounts for Real Estate Development. Before you sign a reservation form or transfer any funds for Avarra by Palace, your SWK Properties consultant provides the official DLD project registration sheet, escrow account IBAN details, and unit-specific floor plan.
Render & Specification Notice: Visuals on this page are artistic impressions and architectural renders supplied by Emaar. Final layouts, unit areas, views, service charges, and completion dates are governed exclusively by the executed Sales & Purchase Agreement (SPA).
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