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THE TERRACES MARASI DRIVE

THE TERRACES MARASI DRIVE

Properties for Sale
1 910 000 AED - 5 650 000 AED
Location Business Bay, Dubai
Type Development
Completion date II quarter, 2024 (Off-plan)
Living space 98 - 234 m²
Advantages
Beautiful view
Type of buildings:
Premium
Downpayment from
10%
19-storey residential project
60% after commissioning of the property

The Terraces Marasi Drive residential complex in Dubai

The Terraces Marasi Drive new building in Dubai is a promising residential complex with a premium collection of real estate from the Keymaven developer. It’s located in the fashionable community of Business Bay with luxurious five-star hotels and office skyscrapers. Designed in a state-of-the-art style, the 19-storey complex is located on a huge podium with a variety of public amenities. The community is under construction. As per the master plan, the apartments in The Terraces Marasi Drive will be put into operation in 2024.

Real Estate in Business Bay, Dubai

The area of the multifunctional community exceeds 4.35 million m2, with 22% reserved for housing, 19% for commercial units, and 59% for mixed–use properties. The complex is home to the headquarters of international and local companies, famous hotels, offices, banks, shops, and first-class amenities.

The residential property market of the district includes studios, one- to four-bedroom apartments and penthouses. As a rule, they are highly in demand among professionals working in local offices or business centres in neighbouring communities, but apartments in Business Bay attract families with children.

Property for sale in The Terraces Marasi Drive

Investors and end users can purchase off-plan apartments in The Terraces Marasi Drive at the developer's price. The cost of one-bedroom studios starts at AED 1.5 million ($408,500), and the initial prices for two- and three-bedroom units are AED 1.9 million and 2.6 million ($517,000 and $708,000), respectively. You can check the up-to-date prices before making a deal. The main advantage of real estate investments from the developer Keymaven in Dubai is the flexible payment plan in instalments.

Are you going to buy a property in The Terraces Marasi Drive? Our English-speaking specialists with many years of experience in the Dubai real estate market are ready to assist you at any time. Check with them for more detailed information about the apartments you are interested in, support at all stages of the transaction and first-class after-sales service.

Location

  • Close to the bus stop
  • Close to the city centre
  • Close to the kindergarten
  • Prestigious district
  • Great location
  • Close to a river or promenade
  • City view
  • Panoramic view
  • Street view
  • River view
  • Beautiful view

Features

  • Panoramic windows
  • Panoramic glazing
  • Balcony
  • Terrace
  • New project
  • Tap water
  • Electricity
  • Driveway to the land plot

Indoor facilities

  • Child-friendly
  • Cafe
  • Conference hall
  • SPA centre
  • Fitness room
  • Pilates and yoga room
  • Elevator

Outdoor features

  • Barbecue area
  • CCTV
  • Security
  • Children's playground
  • Landscaped garden
  • Landscaped green area
  • Transport accessibility
  • Social and commercial facilities
  • Car park
  • Concierge
  • Swimming pool
  • Common area with pool

Real Estate in The Terraces Marasi Drive

Lifestyle

The off-plan The Terraces Marasi Drive residential complex is located in the heart of the popular business community and includes a wide range of world-class amenities. This brand-new complex will be a great choice for those seeking a busy life in the thick of the events of the big city. In addition, residents can balance their work, leisure, and entertainment. There’ll be a luxurious gym and a spa centre with exclusive treatments, including cryotherapy, halotherapy, hyperbaric pressure chambers and various types of massages. Lounging areas with plants and comfortable seats create a cosy environment suitable for a pleasant pastime with loved ones and for solitary leisure.

Advantages

Owners and tenants of housing in The Terraces Marasi Drive will enjoy the numerous benefits in this premium complex, e.g.,

  • recreation areas and a landscaped garden.
  • a gym with a wide selection of equipment.
  • swimming pools.
  • a spa centre.
  • gourmet restaurants and cosy cafes.
  • a barbecue area.
  • a children’s playground.
  • pet care services.

  • a Smart Home system.
  • cleaning and chef services.
  • a 24-hour concierge service.
  • jack parking.
  • 24-hour security and a video surveillance system.
  • a close location to the main infrastructure facilities i.e., schools, kindergartens, hospitals, and shops.

Apartments, duplexes, and penthouses in The Terraces Marasi Drive

Off-plan real estate in The Terraces Marasi Drive is 121 finished and furnished residences. These are one- to three-bedroom apartments, duplexes and 4-bedroom penthouses. In addition to bedrooms and bathrooms, they’ll have spacious living rooms, dining areas and open-plan kitchens with modern appliances. Each residence has floor-to-ceiling windows filling the rooms with natural light, as well as private terraces with panoramic views of the city and the bay which are ideal for creating a personal lounge or outdoor dining area.

Construction completion

As per the master plan, the apartments in The Terraces Marasi Drive new building will be put into operation in the first quarter of 2024. The community is being developed by Keymaven, headquartered in Dubai. The local legislation protects the rights of buyers of off-plan (under construction) housing and ensures the purchasing of off-plan properties in the Emirate is profitable and safe. Thus, The Terraces Marasi Drive residential complex is the perfect opportunity for investors to purchase premium apartments with exclusive service and amenities at a price below the market in one of Dubai’s most prestigious communities.

Investment-attractive real estate in The Terraces Marasi Drive

To buy an apartment in The Terraces Marasi Drive means investing in profitable and highly-liquid housing. As the community is under construction, and the Dubai property market is rapidly developing, the value of the residences will increase as the project nears completion and is put into operation. As a result, buyers of real estate at the Keymaven developer’s price will receive a guaranteed capital gain. In addition, they can expect a stable rental income. The annual cost of renting one-bedroom apartments in Business Bay can reach AED 235,000 ($64,000), and the initial prices for two-, three- and four-bedroom properties are AED 365,000, 400,000 and 600,000 ($99,500, 109,000 and 163,500), respectively. The average return on investment in apartments in the community is 6.7% per annum.

Location
Dubai Mall
4.6 km
School
2.8 km
ATM machine
1.3 km
Burj Khalifa
5.5 km
Pharmacy
1000 m
Airport
16 km
Infinity des Lumières
9.8 km
Sea
8.5 km
Business Bay

Business Bay is one of the most popular areas in Dubai, crossing an artificial 3 km canal. The panoramic windows of the skyscrapers in the community offer breathtaking views of the waterfront, the cityscape and the Burj Khalifa. Real estate in this area is highly in demand among buyers and tenants due to its developed infrastructure. There are numerous offices of many well-known companies and all socially significant objects i.e., banks, shops, kindergartens, schools, and hospitals. In addition, there’s a rich choice of bars, gourmet restaurants and entertainment venues.

Payment Plan

10%
On Reservation
10%
10% On Signing SPA
10%
After 6 Months
10%
After 12 Months
60%
On Handover in Q2 2024

Developer Keymaven

8All objects of the developer

Keymaven is a holding company specialising in development, investment, and retail. It’s engaged in the design, construction and management of real estate and strives to constantly raise the bar when it comes to development, customer service and real estate decor. The developer intends to become a prominent figure in Dubai’s property market and create new city symbols. The company's mission is not only to build housing with high technical characteristics, but also to create areas that’ll become places for self–improvement, well-being, and happiness.

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