Terraces Tower

BUSINESS BAY SECOND · Key Mavens · Updated 13.12.2024
Key Mavens

Highlights

Realiste rating
2 awards
Building rating ?
C+
handover
Q1-2024
Area from
704 ft²
price from
1666000 AED
floors
23
Property type
Apartments
The Terraces Marasi Drive is a 23–storey luxury residential complex, a masterpiece of modern architecture, built by Keymaven, and is the only one of its kind in Business Bay.

The residential complex includes many amenities. A large landscaped green area creates a pleasant and cosy atmosphere for a comfortable pastime. Well-groomed plants, exciting design and tables with sofas right in the house's courtyard in harmony with modern sports equipment, all for your convenience.

On the territory of the residential complex, there is a gym, a spa, and swimming pools with crystal clear water. There is also a children's pool and a Jacuzzi. There is parking and shops with various goods and services on the basement floors. The recreation area around the house is a natural oasis inside the metropolis.
Conditions for the unit resale
  • The minimum amount of payment
    for subsequent resale
    40%+4% DLD
  • The payment plan
    Transferable
Payments
  • Upon Booking
    10%
  • Upon signing SPA
    10%
  • 6 month after booking
    10%
  • 12 month after booking
    10%
  • On handover (March, 2024)
    60%
Non-profit service
  • Dubai ID*
  • Bank account*
Furniture
To be confirmed.
Convenience and security
- Gym
- SPA
- Pools
- Children's swimming pool
- Jacuzzi
- Parking
- Shops with goods and services
- Recreation area around the house
Availability of greenery and water
  • Greenery
    Jumeirah Lakes Towers Park
    Emirates Hills 2
  • Water
    Almas West Lake
    Almas Eаst Lake
    Jumeirah Islands
    Persian Gulf
Accessibility by car
  • DIFC
    15 minutes
  • Burj Khalifa
    10 minutes
  • Palm Jumeirah
    23 minutes
  • Dubai Marina
    23 minutes
  • Dubai Mall
    16 minutes
  • Meydan Racecourse
    13 minutes
  • Ras Al Khor Wildlife Sanctuary
    11 minutes
  • Dubai International Airport
    20 minutes
Realiste AI ratings
Building class
Economy class
307 place of 365 Projects
Price affordability
Not affordable
304 place of 358 Projects
Price compared to area average
Higher (min)
309 place of 354 Projects
Average price sqft
Medium price
124 place of 362 Projects
Building attractivenes in area
Very attractive
51 place of 364 Projects
Access to water in area
Medium
82 place of 145 Projects
Development level
Medium developed
204 place of 363 Projects
Forecast for 3 years
Good growth
166 place of 362 Projects
Realiste Choice
Good potential
231 place of 365 Projects
Economy
Middle
Luxury
Building class
Price affordability
Price compared to area average
Average price sqft
Building attractivenes in area
Access to water in area
Development level
Forecast for 3 years
Realiste Choice
Building class
307 place of 365
Economy
70%
Luxury
Price affordability
304 place of 358
Not affordable
872 USD/ft2
Very affordable

Location and infrastructure

Highlights of Terraces Tower

  • City: Dubai
  • Project: Terraces Tower
  • Building class: 70% - Economy
  • Price affordability: 872 USD/ft2 - Not affordable
  • Price compared to area average: 47.7% - Higher (min)
  • Average price sqft: 590 USD/ft2 - Medium
  • Building attractivenes in area: 0.94 - Very attractive
  • Access to water in area: 21.8% - Medium
  • Development level: 30.5% - Medium
  • Forecast for 3 years: +18.2% - Good
  • Realiste Choice: 688 - Good

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