Terrazzo Residences: Taraf Properties' Three-Tier Apartment Play in JVC
Taraf Properties broke ground on Terrazzo Residences in November 2023 in Jumeirah Village Circle, District 11. The project covers one, two, and three-bedroom apartments across 22 unit types. Handover is scheduled for December 2026, approximately four months away.
What a JVC District 11 Address Gets You
Jumeirah Village Circle occupies a central position in Dubai's road network. Al Khail Road runs along its eastern boundary, putting Business Bay roughly 20 minutes away and Dubai Marina approximately 20 minutes in the other direction. Sheikh Mohammed Bin Zayed Road is accessible within a few minutes and connects north toward Sharjah or south toward Abu Dhabi. Dubai International Airport is around 30 minutes in regular traffic.
Supermarkets, pharmacies, cafes, and clinics operate in the surrounding streets of District 11.
The project's price positioning places it in JVC's mid-market. Buyers here get a Dubai address with genuine road connectivity, at a lower cost than central or waterfront districts.
What AED 1.06M to AED 2.35M Covers
The price runs from AED 1,060,018 to AED 2,345,231. The spread reflects three bedroom tiers, each with multiple floor plan variants, not a difference in finish or quality level within the project.
One-bedroom apartments start at AED 1,060,018. Sizes range from 771 to 1,224 sq ft across seven layout types. That is a significant internal range for a single bedroom category. A 771 sq ft one-bed is a compact layout suited to a single occupant or an investor targeting tenants. A 1,224 sq ft one-bed functions more like a large apartment suitable for a couple. Layout selection here carries more weight than the bedroom label alone suggests.
Two-bedroom apartments enter at AED 1,483,402 across ten layout variants, ranging from 1,152 to 1,770 sq ft. The larger layouts in this tier offer generous space for families or buyers working from home.
Three-bedroom apartments start at AED 2,345,231, with sizes from 1,554 to 2,113 sq ft across five layouts. This tier addresses buyers who need full bedroom count for family use within JVC's pricing envelope.
Eight Amenities and What They Signal
| Category | Facilities |
|---|---|
| Fitness & wellness | Gymnasium, Well-being and Fitness, Yoga room |
| Water | Infinity Pool, Children's Pool |
| Family | Children's Play Area |
| Communal | Courtyard, Entertainment Facilities |
The yoga room, added alongside a full gymnasium and a dedicated well-being and fitness area, signals a developer investing in a health-oriented resident profile. Three distinct fitness spaces suggest wellness is a core pillar of the project rather than a secondary amenity. The separate children's pool and play area make the family buyer orientation explicit. The overall mix, including a courtyard and entertainment facilities, leans toward owner-occupiers who plan to use these spaces regularly.
Handover in December 2026
Construction began in November 2023. Expected completion is December 2026, approximately four months away. With nearly three years of construction already behind it, this project is in its final phase. For a buyer looking at off-plan options in Dubai, Terrazzo Residences sits at the low-risk end of the development timeline: the build is nearly complete.
Getting In for 10%
| Stage | Payment |
|---|---|
| Down payment | 10% |
| During construction | 40% |
| At handover | 50% |
A 10% down payment keeps the initial capital commitment low. At the entry price of AED 1,060,018, that amounts to roughly AED 106,000 to reserve the unit. With handover approximately four months away, the 50% due at handover follows quickly after entry. The construction-phase 40% is largely already scheduled; the key financial event is the handover payment in December 2026.