Guides · Districts

Luxury Apartments for Sale in Business Bay, by Budget

Avarra by Palace starts from AED 2,709,888, VELA Viento from AED 17.5 million and Jumeirah Living Business Bay from AED 7.5 million. Three luxury tiers, three different budgets.

7 November 2026 · By Orven Properties · 4 min read

Pictured: Burj Binghatti Jacob & Co Residences, Business Bay, Dubai

A "luxury apartment in Business Bay" covers a wide budget range, from just above AED 2.7 million to tens of millions. Avarra by Palace starts from AED 2,709,888, Jumeirah Living Business Bay from AED 7.5 million and VELA Viento from AED 17.5 million. Knowing which tier fits your budget before you start viewing units saves time on every side.

Three towers, three budget tiers

Avarra by Palace (from AED 2,709,888): 1 to 4 bedroom apartments plus a six-bedroom signature penthouse in a 75-storey tower overlooking Dubai Water Canal and the Burj Khalifa skyline, with handover in Q2 2031.
Jumeirah Living Business Bay (from AED 7.5 million): 1 to 4 bedroom apartments and penthouses across 82 units, part of the Peninsula community, with Jumeirah-branded concierge, housekeeping and valet services.
VELA Viento (from AED 17.5 million): 2 to 5 bedroom residences, duplexes and a penthouse in OMNIYAT's Dorchester Collection, with a sky pool over 100 metres above ground and handover in Q3 2027.

Avarra by Palace: the entry point into branded luxury here

Avarra by Palace brings Emaar's partnership with Palace Hotels and Resorts to a 75-storey Business Bay tower with an infinity pool and deck, a gym, outdoor fitness areas, kids' zones and landscaped gardens. Official pricing starts from AED 2,709,888 for a limited release of twenty units, with handover scheduled for the second quarter of 2031, making it both the most affordable and the longest construction horizon of the three.

Jumeirah Living Business Bay: hospitality service as the main draw

Jumeirah Living Business Bay is Select Group's branded residence partnership with Jumeirah Group, part of the wider Peninsula community. The 35-storey tower holds 82 residences, from one to four bedroom apartments through to half-floor and duplex penthouses and a full-floor master penthouse with a private pool. Owners gain access to Jumeirah-branded concierge, guest relations, housekeeping and valet services, with views over Burj Khalifa, Dubai Canal and the skyline. Pricing starts from AED 7.5 million.

VELA Viento: the ultra-luxury ceiling of the three

VELA Viento comprises two connected towers rising 180 metres above Marasi Bay, delivering 95 ultra-luxury residences and two penthouses as part of OMNIYAT's Dorchester Collection portfolio. Layouts range from two to five bedrooms, including a 20,841 sq ft Celestial Penthouse and skybridge duplexes, with a sky pool positioned over 100 metres above ground. Pricing starts from AED 17.5 million under a staged plan running to 40% on completion, with handover due in the third quarter of 2027.

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Matching the budget to the brand

Tier	Project	Entry price	Handover
Entry luxury	Avarra by Palace	AED 2,709,888	Q2 2031
Mid-high luxury	Jumeirah Living Business Bay	AED 7.5 million	Completion date on request
Ultra-luxury	VELA Viento	AED 17.5 million	Q3 2027

The jump between tiers is not just about square footage: it reflects the brand's service level, the architect behind the tower and, in VELA Viento's case, the scale of its signature units. A six-bedroom penthouse at Avarra, for example, is priced separately and on request, well above the project's published entry figure.

Financing and the Golden Visa angle

Mortgage financing can be available for certain non-resident buyers, always subject to the lender's own approval, and it becomes more selective as the price climbs into the VELA Viento range. Every entry price above already clears the AED 2 million Golden Visa threshold, so a qualifying purchase in any of the three can support a visa application, subject to conditions confirmed with the relevant authorities.

Two existing Orven guides cover the district further: best projects in Business Bay 2026 and penthouses and large apartments in Business Bay. Project pages: Avarra by Palace, Jumeirah Living Business Bay and VELA Viento, plus the Business Bay area page and the OMNIYAT developer page.

FAQ

Which is the most affordable luxury tower in Business Bay here? Avarra by Palace, from AED 2,709,888, though its handover is scheduled furthest out, in Q2 2031.

Does VELA Viento's AED 17.5 million buy the Celestial Penthouse? No. That figure is the starting price for the smallest unit type. The 20,841 sq ft Celestial Penthouse is priced separately.

Are these three eligible for the Golden Visa? All three starting prices sit above AED 2 million, which clears the federal threshold, subject to conditions confirmed with the relevant authorities.

Can a non-resident get a mortgage at this price level? It depends on the lender. Financing becomes more selective as the purchase price rises, and approval is assessed case by case.

Next step

Tell Orven your target budget and which brand interests you on WhatsApp at +971 52 776 1939 or by email at sales@orvenproperties.com, and an adviser will confirm current availability across Avarra by Palace, Jumeirah Living Business Bay and VELA Viento. You can also describe your search at /find-your-home/.