diff --git a/boards/amd/versalnet_apu/board.cmake b/boards/amd/versalnet_apu/board.cmake
index c086f6706de16..8e457185c3c7c 100644
--- a/boards/amd/versalnet_apu/board.cmake
+++ b/boards/amd/versalnet_apu/board.cmake
@@ -10,13 +10,26 @@ set(QEMU_ARCH xilinx-aarch64)
 set(QEMU_CPU_TYPE_${ARCH} cortexa78)
 
 set(QEMU_FLAGS_${ARCH}
-	-machine arm-generic-fdt
-	-hw-dtb ${PROJECT_BINARY_DIR}/${BOARD}-qemu.dtb
-	-device loader,addr=0xEC200300,data=0x3EE,data-len=4 -device loader,addr=0xEC200300,data=0x3DD,data-len=4
-	-nographic
-	-m 2g
+  -machine arm-generic-fdt
+  -hw-dtb ${PROJECT_BINARY_DIR}/${BOARD}-qemu.dtb
+  -device loader,addr=0xEC200300,data=0x3EE,data-len=4 -device loader,addr=0xEC200300,data=0x3EE,data-len=4
+  -nographic
+  -m 2g
 )
 
+# Set TF-A platform for ARM Trusted Firmware builds
+if(CONFIG_BUILD_WITH_TFA)
+  set(TFA_PLAT "versal_net")
+  # Add Versal NET specific TF-A build parameters
+  set(TFA_EXTRA_ARGS "TFA_NO_PM=1;PRELOADED_BL33_BASE=${CONFIG_SRAM_BASE_ADDRESS}")
+  if(CONFIG_TFA_MAKE_BUILD_TYPE_DEBUG)
+    set(BUILD_FOLDER "debug")
+  else()
+    set(BUILD_FOLDER "release")
+  endif()
+endif()
+
 set(QEMU_KERNEL_OPTION
-	-device loader,cpu-num=0,file=\$<TARGET_FILE:\${logical_target_for_zephyr_elf}>
+  -device loader,cpu-num=0,file=${PROJECT_BINARY_DIR}/../tfa/versal_net/${BUILD_FOLDER}/bl31/bl31.elf
+  -device loader,file=\$<TARGET_FILE:\${logical_target_for_zephyr_elf}>
 )
diff --git a/boards/amd/versalnet_apu/versalnet_apu_defconfig b/boards/amd/versalnet_apu/versalnet_apu_defconfig
index 7cfeda9524115..8f192885cf3d9 100644
--- a/boards/amd/versalnet_apu/versalnet_apu_defconfig
+++ b/boards/amd/versalnet_apu/versalnet_apu_defconfig
@@ -1,6 +1,7 @@
 # The Zephyr build from this defconfig is expected to boot from
 # Xilinx Arm Trusted Firmware (ATF).
 # Boot Flow is: Boot PDI -> TF-A -> Zephyr
+CONFIG_BUILD_WITH_TFA=y
 
 CONFIG_ARM64_VA_BITS_40=y
 CONFIG_ARM64_PA_BITS_40=y
diff --git a/modules/trusted-firmware-a/CMakeLists.txt b/modules/trusted-firmware-a/CMakeLists.txt
index 0c0230174f094..a09d279e2dbed 100644
--- a/modules/trusted-firmware-a/CMakeLists.txt
+++ b/modules/trusted-firmware-a/CMakeLists.txt
@@ -28,12 +28,18 @@ if (CONFIG_BUILD_WITH_TFA)
     set(TFA_BUILD_DEBUG "0")
   endif()
 
+  # Set default TF-A build parameters that can be overridden by boards
+  if(NOT DEFINED TFA_EXTRA_ARGS)
+    set(TFA_EXTRA_ARGS "")
+  endif()
+
   set_property(GLOBAL APPEND PROPERTY extra_post_build_commands
       COMMAND make -C ${ZEPHYR_TRUSTED_FIRMWARE_A_MODULE_DIR}
             DEBUG=${TFA_BUILD_DEBUG}
             CROSS_COMPILE=${CROSS_COMPILE}
             BUILD_BASE=${TFA_BINARY_DIR} PLAT=${TFA_PLAT}
             BL33=${CMAKE_BINARY_DIR}/zephyr/${KERNEL_BIN_NAME}
+            ${TFA_EXTRA_ARGS}
             all fip
   )
 endif()