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About 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.
Payment
Payment plan
20/80 — 10% on booking, 10% on completion, 80% over 3 years post-handover
At a glance
Imperial Avenue key facts
- Developer
- Shapoorji Pallonji
- Community
- Downtown Dubai
- Status
- Handover soon
- Handover
- Completed (2025)
- Starting price
- AED 1.65M
- Total units
- 424
- Unit types
- 1 Bedroom, 2 Bedroom, 3 Bedroom, 4 Bedroom, Penthouse
- Payment plan
- 20/80
- Ownership
- Freehold — open to all nationalities
Cost breakdown
What you pay, and when
Worked example on the starting price of AED 1.65M. Amounts scale with the unit you choose.
Units priced at AED 2M or more qualify for the 10-year UAE Golden Visa (subject to current ICP rules).
Process
How to buy at Imperial Avenue
- 01
Agree the price
Agree terms with the seller of a unit at Imperial Avenue, supported by recent Dubai Land Department transactions.
- 02
Form F (MOU)
Buyer and seller sign the RERA Form F memorandum of understanding and a 10% security cheque is lodged.
- 03
Developer NOC
Shapoorji Pallonji issues a No Objection Certificate once any outstanding service charges or instalments are settled.
- 04
Transfer
Transfer takes place at a Dubai Land Department trustee office; the 4% DLD fee is paid and the new title deed is issued.
Our read
The honest view
Every project has trade-offs. Here are both sides, so you can judge whether this one fits what you actually want.
What stands out
- 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
What to weigh
- Handover slipped several times from the original 2019 target, so verify unit-level completion
- Developer inventory is reported sold out; availability is through the secondary market
- Published unit counts differ slightly (424 vs 431) across sources
FAQ
Imperial Avenue — frequently asked questions
What is the starting price of Imperial Avenue?
Published pricing at Imperial Avenue starts from AED 1.65M. Developer pricing changes with each release, so contact MRK Real Estate to confirm current availability.
When is the handover of Imperial Avenue?
Imperial Avenue is scheduled for handover in Completed (2025). Off-plan timelines can move, so confirm the current schedule before committing.
What is the payment plan for Imperial Avenue?
20/80 — 10% on booking, 10% on completion, 80% over 3 years post-handover
Who is the developer of Imperial Avenue?
Imperial Avenue is developed by Shapoorji Pallonji in Downtown Dubai, Dubai.
What unit types are available at Imperial Avenue?
Imperial Avenue offers 1 Bedroom, 2 Bedroom, 3 Bedroom, 4 Bedroom, Penthouse across 424 units.
Where is Imperial Avenue located?
Imperial Avenue is in Downtown Dubai, Dubai.
Can foreigners buy at Imperial Avenue?
Yes. Downtown Dubai is a freehold area, so buyers of any nationality can own property at Imperial Avenue outright.
Does buying at Imperial Avenue qualify for the UAE Golden Visa?
The entry price of AED 1.65M is below the AED 2 million threshold for the property Golden Visa; larger units priced at AED 2 million or more can qualify, subject to current ICP rules.
What are the purchase costs at Imperial Avenue?
Beyond the purchase price, the Dubai Land Department charges a 4% registration fee — about AED 66K on the starting price — plus a small admin and trustee fee.
How do I buy or sell at Imperial Avenue?
MRK Real Estate advises on primary purchases and resales at Imperial Avenue. Message us on WhatsApp for availability, floor plans and a valuation.
Figures shown are as published by the developer and were last checked on 2026-10-31. Developer pricing, availability and handover dates change between releases — we confirm current terms directly with Shapoorji Pallonji before any transaction.
