Terraces Tower · Dubai

Highlights

Realiste rating

2 awards

Building rating ?

C+

handover

Q1-2024

Area from

704 ft²

price from

1666000 AED

floors

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