A 45-storey freehold residential tower by Shapoorji Pallonji in the Burj Khalifa District of Downtown Dubai, complete in 2026 with its Building Completion Certificate received. Imperial Avenue holds 424 apartments, penthouses and podium villas within walking distance of Burj Khalifa, The Dubai Mall and Dubai Opera, and owners can now furnish and list units for short-term rental.
Floors
45
Developer
Shapoorji Pallonji
Completed
2026
Units
424, 1-4BR + penthouses + podium villas
Area
Downtown Dubai

Imperial Avenue is a 45-storey residential tower developed by Shapoorji Pallonji, marking the group's first international residential project, in the Burj Khalifa District of Downtown Dubai. Construction reached completion in 2026, with Shapoorji Pallonji receiving the Building Completion Certificate from Dubai's Real Estate Regulatory Authority (RERA) and beginning owner inspections and handovers. That puts Imperial Avenue in a genuinely move-in-ready position: an owner who buys or already holds a unit here is not waiting years for a shell to become a livable, rentable apartment.
The tower holds 424 residential units across a mix of 1 to 4 bedroom apartments (863 to 3,263 sq ft), 4 to 5 bedroom penthouses with panoramic views (5,151 to 5,938 sq ft), and 3 to 5 bedroom podium villas with private pools (3,719 to 5,936 sq ft). The project is backed by an AED 1.4 billion investment, part-financed by London-based Hayfin Capital and UAE-based Commercial Bank International. Imperial Avenue is a different building from Imperial Residence in Jumeirah Village Triangle (developer Tameer Holdings, completed 2014) and Imperial Tower in Jumeirah Village Circle (developer Orient Gate Real Estate, completed 2024): different area, different developer, no relation beyond a shared name.
Imperial Avenue sits inside the Burj Khalifa District, one of Downtown Dubai's most walkable pockets. Burj Khalifa, The Dubai Mall, Dubai Opera, The Dubai Fountain and Downtown Boulevard are all close by, and the Dubai International Financial Centre (DIFC) and Business Bay sit next door as neighbouring business districts. Royale Stays' own guide to Airbnb management across Downtown Dubai covers short-term rental performance and licensing across the wider district.
Other Downtown Dubai towers covered separately on royalestays.com include Burj Crown, Downtown Views II Tower 2 and 8 Boulevard Walk.
Imperial Avenue's residential mix runs across three configurations. One to four bedroom apartments cover 863 to 3,263 sq ft. Four to five bedroom penthouses with panoramic views span 5,151 to 5,938 sq ft. Three to five bedroom podium villas with private pools cover 3,719 to 5,936 sq ft, sitting within the tower's podium levels rather than its upper floors.
Imperial Avenue's amenity offering is built for the top end of the Downtown market: an infinity pool facing the Burj Khalifa, a fully equipped gymnasium, an indoor squash court, children's play areas, 13 high-speed elevators, and a 10,000 sq ft grand double-height lobby with a party hall that seats over 200 guests. Ground-level retail sits within the building itself. On the sustainability side, the tower includes solar panels and grey-water treatment, features that are becoming more common in Downtown's newest completions.
Imperial Avenue's Burj Khalifa District position puts it within easy reach of Sheikh Zayed Road, Downtown Dubai's main artery into DIFC, Business Bay and the wider city. The Dubai Mall and Burj Khalifa area is served by the Dubai Metro's Red Line, and Downtown Boulevard's walkable layout means most of the district's dining and retail is reachable on foot rather than by car, an advantage worth flagging for guests booking a short stay who do not want to rent a car.
Pricing on a still-handing-over building moves fast, so figures here should be treated as a snapshot rather than a fixed number. Dubai Land Department-recorded sales have averaged around AED 3.86 million, while live listings have recently asked closer to AED 5.6 to 5.8 million on average. That gap is typical for a building mid-handover, where early buyers transacted at pre-completion prices and current sellers are pricing in the newly issued completion certificate.
Owners weighing a specific unit's earning potential can run their own numbers through Royale Stays' Dubai property ROI calculator.
Imperial Avenue is a standard freehold residential tower developed by Shapoorji Pallonji, not a hotel-branded or Vida-managed building, so there is no confirmed prohibition on short-term letting here. Owners who want to list on Airbnb or Booking.com will still need a valid DTCM holiday-home permit before taking bookings, the same requirement as any other Downtown Dubai apartment.
Royale Stays manages holiday homes across Downtown Dubai, handling furnishing, professional photography, dynamic pricing, guest check-in, guest communication and maintenance for a fee from 15%, with no fixed monthly cost to the owner. For a newly handed-over building like Imperial Avenue, that means owners do not have to coordinate furniture delivery, permit paperwork and listing setup all at once while everything is still in motion.
Owners considering Imperial Avenue for short-term rental can review Royale Stays' full range of Airbnb management services, backed by the same operational approach behind Royale Stays' full Airbnb property management service in Dubai. Owners ready to move forward can submit their property for a free earnings estimate.
Income context reviewed by Chris Veinbaums, DTCM-licensed operator.
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