MRK Real Estate

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Shapoorji Pallonji · Downtown Dubai

Imperial Avenue

Shapoorji Pallonji's 45-storey flagship residence in Downtown Dubai, with entry prices from about AED 1.65M and a rare post-handover payment structure.

Starting price

AED 1.65M

Handover

Completed (2025)

Status

Handover soon

Payment plan

20/80

MRK Real EstateAbout MRK

Your advisor

MRK Real Estate Brokers

MRK Real Estate Brokers was founded with a clear mission: to provide premium, transparent and results-driven real estate services across Dubai. We combine deep market expertise with genuine care for every client.

Whether you are a first-time buyer, a seasoned investor, a tenant seeking the perfect home or a landlord looking for professional property management, our dedicated team is here to deliver exceptional results.

Licensed by the Dubai Real Estate Regulatory Agency (RERA), we operate with the highest standards of professionalism and integrity, with a portfolio spanning Dubai’s most prestigious communities.

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Integrity

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The highest standards in everything we do.

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Your goals are at the centre of our business.

Expertise

Deep, current knowledge of the Dubai market.

What we do

Off-plan investment

Priority access to new launches and developer payment plans.

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Resale advisory backed by Dubai Land Department transaction data.

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Premium rentals across Dubai's leading communities.

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Independent market valuations for owners and buyers.

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Structuring purchases that qualify for UAE residency.

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Direct relationships with Dubai's leading master developers.

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From reservation and SPA to Oqood, handover and leasing.

MRK REAL ESTATE BROKERS · RERA ORN 17024+971 50 256 0698 · mrk.ae02
MRK Real EstateThe project

Downtown Dubai

Imperial Avenue

Imperial Avenue is the Middle East flagship of Indian conglomerate Shapoorji Pallonji: a 45-storey tower of roughly 424 residences positioned on the Downtown Dubai boulevard network, a short walk from Dubai Mall and Burj Khalifa.

Entry pricing from the developer was cited around AED 1.65M to 1.7M, with an unusually generous structure of 10% on booking, 10% on completion and the remaining 80% spread across three years after handover. Resale listings now run from roughly AED 2.1M for one-bedroom layouts to AED 4M for three-bedroom homes.

Construction began in 2016 and the tower has been through several published completion dates; the building is now complete and occupied, with the developer's original inventory largely sold out and secondary-market units trading at around AED 3,200 per sq ft.

Key facts

DeveloperShapoorji Pallonji
CommunityDowntown Dubai
StatusHandover soon
HandoverCompleted (2025)
Starting priceAED 1.65M
Total units424
Unit types1 Bedroom, 2 Bedroom, 3 Bedroom, 4 Bedroom, Penthouse
Payment plan20/80
OwnershipFreehold — open to all nationalities

Why Imperial Avenue

Post-handover payment plan spanning three years
Central Downtown Dubai address within walking distance of Dubai Mall
Resort-style podium with pool, gym and landscaped deck
MRK REAL ESTATE BROKERS · RERA ORN 17024+971 50 256 0698 · mrk.ae03
MRK Real EstateInvestment

Pricing & payment

Investment overview

Unit types

1 Bedroom · 2 Bedroom · 3 Bedroom · 4 Bedroom · Penthouse

Payment plan

20/80 — 10% on booking, 10% on completion, 80% over 3 years post-handover

Worked example

On AED 1.65M

10% · BookingAED 165K
10% · CompletionAED 165K
80% · Years post-handoverAED 1.32M
DLD fee (4%)AED 66K

Units of AED 2M or more qualify for the 10-year UAE Golden Visa (subject to ICP rules).

MRK REAL ESTATE BROKERS · RERA ORN 17024+971 50 256 0698 · mrk.ae04
MRK Real Estate

Arrange your private consultation

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Email

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MRK Real Estate Brokers · RERA ORN 17024. This presentation is prepared by MRK for marketing purposes from published sources and is subject to change without notice. Images © Shapoorji Pallonji; MRK watermark applied. Prices, payment plans, specifications and handover dates must be confirmed with MRK before purchase. This document does not constitute an offer or contract.