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Dubai · Business Bay

Terraces Marasi by Keymavens

At a glance

Specifications

Address

Dubai,Business Bay,Terraces Marasi Drive

Price range

AED 2,022,871–7,693,333

Completion

Ready

Payment plan

10% / 30% / 60%

Property type

Apartment / Duplex

About this project

Terraces Marasi: Apartments and Duplexes in Business Bay

Keymavens developed Terraces Marasi on Terraces Marasi Drive in Business Bay. The project covers apartments and duplexes in a single building. Construction began in March 2022 and the expected completion was June 2024.

Business Bay: Central Dubai on the Canal

Business Bay runs along the Dubai Canal between Downtown Dubai and DIFC. Sheikh Zayed Road is directly adjacent, connecting the area to the rest of the city in minutes. The Burj Khalifa and Dubai Mall are a short drive north. For professionals working in DIFC or the Downtown commercial cluster, this location reduces the daily commute to a few minutes.

Terraces Marasi Drive sits in the canal-adjacent section of the district. The area has established road infrastructure and direct access to the major commercial zones on either side.

What AED 2M to AED 7.7M Covers

Prices run from AED 2,022,871 to AED 7,693,333. That spread reflects both bedroom count and product type rather than variation within a single format.

At the entry: 1-bedroom apartments from 1,066 to 1,253 sq ft, all starting at AED 2,022,871 across four layout variants. In the middle: 2-bedroom apartments from 1,456 to 2,088 sq ft, starting at AED 3,629,430. At the top: 3-bedroom duplexes at 3,817 sq ft, listed at AED 7,693,333.

A buyer at the floor of the range gets a spacious 1-bed with a real living area. A buyer at the top is looking at a 3-bed duplex that functions closer to a townhouse than a standard flat.

Apartments and Duplexes: Two Distinct Product Lines

The apartments come in 1-bed and 2-bed configurations. The 1-beds start at 1,066 sq ft and go up to 1,253 sq ft across four layouts. The 2-beds reach 2,088 sq ft on the largest layout, giving buyers extra floor plate without the jump to a 3-bed price.

The duplexes span 1-bed, 2-bed, and 3-bed formats. The 2-bed duplex at 2,093 sq ft offers a split-level layout with vertical separation between living and sleeping areas. The 3-bed at 3,817 sq ft is the largest unit in the building and sits at the top of the price range.

Amenities

Category Facilities
Fitness and Wellness Well-being and Fitness
Social and Outdoor Shared Pool, Barbecue Area
Common Areas Leisure Lounge
Family Children's Play Area
Unit Features Balcony
Building Security

Seven amenities covering the practical core. The pool, BBQ area, and leisure lounge form the social layer for residents. The well-being and fitness facility handles exercise on-site. This package is sized for working professionals and families rather than buyers expecting a hotel-grade amenity floor.

A June 2024 Completion

Construction started in March 2022 and the expected completion was June 2024. That date has passed, meaning this project is likely already complete. Buyers are looking at a finished or near-finished building rather than an off-plan opportunity with years of construction ahead.

Getting In for 10%

The payment plan ran as: 10% down payment, 30% during construction, and 60% at handover. No post-handover installments.

The 10% entry is the standout figure from the financing structure. It kept the initial commitment low while concentrating the bulk of the payment at the handover stage. With the project timeline now concluded, the construction-phase schedule has closed.

Payment plan

Pay as construction progresses

  1. Step 0110%
    Down payment10% paid
  2. Step 0230%
    During construction40% paid
  3. Step 0360%
    On handover100% paid

Schedule totals 100% at handover. Exact dates confirmed in your Sale & Purchase Agreement (SPA).

Construction

Where the project stands

  1. Mar 2022

    Booking Started
  2. Mar 2022

    Construction Started
  3. Jun 2024

    Expected Completion
  4. Dec 2025

    Sold out
Lifestyle

What's on site

Location

Where it sits

Dubai,Business Bay,Terraces Marasi Drive

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FAQ

Questions buyers usually ask

Q01

What is the starting price for apartments in Terraces Marasi?

The starting price for apartments in Terraces Marasi is AED 2,022,871, making it an attractive option in Business Bay, Dubai. The project features a range of price points up to AED 7,693,333, catering to various budgets. This competitive pricing reflects the premium location and amenities available within this off-plan development.

Q02

What types of properties and prices are available in Terraces Marasi?

Terraces Marasi offers luxury apartments in Dubai's vibrant Business Bay area. Prices range from AED 2,022,871 to AED 7,693,333, with various units designed to suit diverse preferences. Whether you're looking for a cozy apartment or a spacious family home, this project has something for every investor.

Q03

What is the payment plan for Terraces Marasi in Business Bay?

The payment plan for Terraces Marasi requires a 10% down payment, followed by 30% during construction, and the remaining 60% on handover. This structured payment option allows buyers to navigate their investment in Business Bay real estate more conveniently, making it a suitable choice for both first-time buyers and seasoned investors.

Q04

When will Terraces Marasi be ready for occupancy?

Terraces Marasi is expected to be ready by June 2024, allowing investors ample time to plan their move. The construction phase started in March 2022, ensuring a smooth transition to your new home. This timeline provides confidence in the project’s delivery schedule.

Q05

Where is Terraces Marasi located in Dubai?

Terraces Marasi is ideally situated at Business Bay, specifically on Terraces Marasi Drive, Dubai. This prime location offers excellent connectivity to major business districts and leisure hotspots, making it a sought-after area for both living and investing.

Q06

Who is developing the Terraces Marasi project?

Terraces Marasi is developed by Keymavens, a reputable player in the UAE real estate market. Their commitment to quality and innovative design is reflected in this project, offering potential buyers a reliable investment opportunity in Dubai.

Q07

What amenities are available at Terraces Marasi?

Residents at Terraces Marasi can enjoy a host of premium amenities, including a well-being and fitness center, leisure lounge, children's play area, and a shared pool. The presence of secured grounds and barbecue areas enhances the lifestyle offerings of this community, making it ideal for families and individuals alike.

Q08

What types of properties are offered at Terraces Marasi?

Terraces Marasi features modern apartments tailored for various lifestyles. Each unit is designed to maximize space and comfort, catering to both small families and larger households. The project's design integrates outdoor living spaces, ensuring a unique living experience in Dubai.

Q09

Is investing in Terraces Marasi a good opportunity?

Investing in Terraces Marasi presents a strong opportunity due to its strategic location in Business Bay, projected capital appreciation, and high rental yield potential. With competitive pricing and quality amenities, this development is appealing for both homeowners and investors looking to capitalize on Dubai's thriving real estate market.

Q10

How can I book a property in Terraces Marasi?

To book a property in Terraces Marasi, potential buyers should contact us for detailed information and assistance. Our team can guide you through the booking process and help you navigate the available options tailored to your investment goals.

Ready when you are

Get the price list, payment plan, and a direct line.

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