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Imperial Avenue

Downtown Dubai · Shapoorji Pallonji International

Project factsheet

Storeys 46
Units in the building 424
Developer Shapoorji Pallonji International
Status Completed
Completed 2026
District Downtown Dubai
Layouts 3, 4 and 5 bedrooms

Layouts and the handover date come from the developer's brochure in our archive. Prices and payment plans from the same source are deliberately not published: they are dated to when the brochure was issued and do not match today's prices. I will send the current ones over WhatsApp.

About the building

46-storey residential building in Downtown Dubai, completed in 2026. Developer — Shapoorji Pallonji International. Architect — Archon Consultants.

About the project

Imperial Avenue is a 46-storey residential building in Downtown Dubai, completed in 2026.

The developer is Shapoorji Pallonji International. The architecture is by Archon Consultants.

The building holds 424 apartments in total. Layouts, according to the developer's brochure — 3, 4 and 5 bedrooms.

The database currently holds 6 lots in this project, from 3 800 000 AED; 2 of them priced below the market, the deepest discount 14%.

A 46-storey Shapoorji Pallonji tower in Downtown with 424 residences, complete. Our nineteen lots run from AED 3.45 to 25.5 million, at around AED 2,926 per square foot.

What it is

Imperial Avenue is a residential skyscraper in Downtown Dubai developed by Shapoorji Pallonji International, designed by Archon Consultants. 46 storeys, 424 residences, complete. The factsheet lists no confirmed amenities.

Shapoorji Pallonji is an Indian construction group with a history spanning more than a century and a half: the company was building in Mumbai long before Dubai's first skyscrapers went up. That's no guarantee for a buyer, but it does represent a different risk profile than a young local developer.

A cheap price per square foot in an expensive district

Our nineteen listings run from AED 3.45 to 25.5 million, at an average price per square foot of around 2,926. The Downtown Dubai average is around 3,500.

So the price here runs below the district average, even though the top of the range reaches AED 25.5 million. Read together, that points to large layouts without a brand premium: for the same money you get more space than in the branded towers nearby, where the price per square foot runs to 4,573 and 4,793.

Nineteen listings in one completed building is an excellent basis for comparison: you can see exactly how floor and size move the price within the building, and there's plenty of room to negotiate.

A completed building without a brand

The absence of a hotel brand works in the buyer's favour on two counts. First, no logo premium. Second, no question over unit type either: every apartment is an ordinary residence, with no mandatory participation in an operator's management programme.

Downtown Dubai in our database holds 264 lots, with a median of AED 4.7 million: a deep, highly liquid market. Selling here is easier than in the newer districts.

What the building offers

Amenities missing from the passport are described in apartment materials for the building: several pools, the Sky Gym on the upper levels, and leisure and entertainment areas — the tower is marketed as a 'private resort'.

Kitchens come with built-in SMEG appliances, washing machine included. Layouts include corner three-bedrooms of around 177 m² with two balconies and Burj Khalifa views.

propsearch factsheet (storeys, unit count, developer, designer, stage) and our own stock as of 27 August 2026 (19 lots in the building, price per square foot for the building and for Downtown Dubai). Building amenities, kitchen specification and a sample layout — apartment description, February 2026.

Registered sales in the building

In 2025 the Dubai Land Department registered 42 sales in Imperial Avenue, at a median price of AED 3 009 425 (AED 2 436 per sq ft). Another 50 have been registered since the start of 2026.

Sales by year — Dubai Land Department register
Year Sales Median price AED/sqft Total value
2025 42 AED 3 009 425 2 436 AED 144.6m
2026, to 10 November 50 AED 3 200 000 2 308 AED 153.4m

Registered sales of all property types; 2026 is a partial year. Medians, not averages; with fewer than 5 sales no price is quoted. Off-plan share of sales over the last 12 months: 0%.

Rents across the DownTown Dubai community — not this building alone
Type Annual rent Contracts Gross yield
Studios AED 70 000 600 5.8%
1-bedroom AED 112 599 4 134 5.3%
2-bedroom AED 175 000 3 413 4.8%
3-bedroom AED 295 000 1 002 5.3%
4-bedroom AED 1 250 000 65 9.3%

Median Ejari contract (November 2025 — October 2026) across the whole community rather than this building: rents are not published building by building. Gross yield — before service charges, vacancy and fees.

Price per sq ft by month

Between May 2025 and October 2026 the median price per sq ft moved from AED 2 299 to AED 3 184 (+38.5%).

3 184 2 139 May 2025: 2 299 AED/sqft June 2025: 2 313 AED/sqft November 2025: 2 640 AED/sqft December 2025: 2 139 AED/sqft February 2026: 2 547 AED/sqft March 2026: 2 575 AED/sqft July 2026: 2 310 AED/sqft August 2026: 2 181 AED/sqft October 2026: 3 184 AED/sqft May 2025 October 2026

Monthly median of registered sales, ready and off-plan together; months with fewer than five sales are left out.

Latest registered sales
Date Unit Status Size, sq ft Price AED/sqft
20/10/2026 Apartment, 4-bedroom ready 3 133 AED 11 485 015 3 666
20/10/2026 Apartment, 4-bedroom ready 5 465 AED 20 881 846 3 821
05/10/2026 Apartment, 2-bedroom ready 1 443 AED 4 594 006 3 184
05/10/2026 Apartment, 2-bedroom ready 1 443 AED 4 541 801 3 148
05/10/2026 Apartment, 3-bedroom ready 1 895 AED 4 300 000 2 269
21/09/2026 Apartment, 2-bedroom ready 1 443 AED 2 500 000 1 733
08/09/2026 Apartment, 1-bedroom ready 909 AED 1 850 000 2 035
03/09/2026 Shop ready 1 107 AED 5 500 000 —
01/09/2026 Apartment, 1-bedroom ready 909 AED 1 850 000 2 035
31/08/2026 Apartment, 2-bedroom ready 1 721 AED 3 600 000 2 092
24/08/2026 Apartment, 4-bedroom ready 5 130 AED 13 500 000 2 632
19/08/2026 Apartment, 2-bedroom ready 1 676 AED 3 400 000 2 029

Buyer, seller and unit number are not part of the Land Department open data.

Source: Dubai Data (calculated from Dubai Land Department open data), data to 10 November 2026.

Where it is

Video

2 videos on this project

Frequently asked about Imperial Avenue

Who is the developer of Imperial Avenue?

Shapoorji Pallonji International. The architecture is by Archon Consultants.

How many floors does Imperial Avenue have?

46. The building has 424 apartments.

Has Imperial Avenue been handed over?

Handed over: 2026. The property is complete, so after the deal you can move in or put it on the rental market at once.

What layouts are there in Imperial Avenue?

3-bedroom, 4-bedroom and 5-bedroom, according to the developer's brochure. Which sizes are actually free right now depends on what is on the market; I will send the current list.

Where is Imperial Avenue?

Downtown Dubai. The Burj Khalifa district — the most recognisable address in the emirate and the densest piece of it.

How much does an apartment in Imperial Avenue cost?

The database currently holds 6 lots in this project, from 3 800 000 AED; 2 of them priced below the market, the deepest discount 14%. Prices in the base are live and update every day; ask for the current list for the building before deciding.

In the news

What has been written about the building, its developer and Downtown Dubai

Where this project stands today

I will tell you which layouts are available now, what entry really costs and what the people who live in or let the building think of it — no marketing language.

Ask a question

Telegram is the fastest way — I answer personally.

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