THE TERRACES MARASI DRIVE

The complex is located within a business community whose signature feature is ultra-modern skyscrapers, an opulent waterfront, and buzzing urban vibes.

About The Terraces Marasi Drive

The off-plan building is conveniently located in the very heart of the business district, so residents will be able to admire the breathtaking views of the ultra-modern skyscrapers and the artificial canal. Besides proximity to essential facilities and diverse entertainment and recreation venues, the owners and tenants of local homes will have access to numerous leisure opportunities on the premises. This project features a wide selection of amenities and services, including the following:

• A gym with state-of-the-art equipment;
• A yoga and Pilates studio;
• A swimming pool;
• A spa centre with massage, salt, oxygen, and ice rooms;
• A conference hall;
• A cafe;
• Lush greenery and a landscaped garden;
• A barbeque area;
• A children’s playground;
• 24/7 concierge service;
• 24/7 security and video surveillance.

Apartments in The Terraces Marasi Drive

The following types of furnished residences will be available in this premium project:

• One-bedroom apartments
• Two-bedroom apartments
• Three-bedroom duplexes
• Four-bedroom penthouses

Besides the bedrooms, whose number varies from one to four, the floor plan of every home includes one or more bathrooms with a shower cabin, a cosy entrance hall, an open-plan kitchen equipped with modern home appliances and quality fixtures. Besides, there is a dining area, a living room with a comfortable sofa, a coffee table, and a TV, and a spacious balcony with a private recreation area with a Jacuzzi or a pool.

Malls and supermarkets in The Terraces Marasi Drive

The Bay Avenue is the shopping mall nearest to the complex. It is situated in the very heart of the business community and contains numerous supermarkets, brand boutiques, eateries, and leisure and recreation facilities. The mall attracts both locals doing their daily shopping and tourists striving to make their holiday in Dubai even more unforgettable. Here you will find everything, from fresh quality foods to clothing, shoes, accessories, electronics, home appliances, toys, and cosmetics.

Families often visit the two-level shopping mall to have a good time. While the children are having fun in the special play area, their parents can go to one of the local restaurants, get a treatment at the spa centre, have a new haircut at the beauty parlour, exercise at the gym, and much more. There are also numerous pharmacies, a photo studio, a tailor’s corner, and a driving school on the grounds.

Landmarks near The Terraces Marasi Drive

The artificial three-kilometre canal connecting the Old Dubai with the Persian Gulf is one of the landmarks closest to this premium project. This enables residents to admire the stunning views of the shimmering waters navigated by luxurious yachts and provides numerous leisure and recreation opportunities. The waterfront is home to a wide range of eateries, lounge areas, and opulent hotels with exquisite bars and restaurants.

Another popular landmark located nearby is the La Perle water theatre. Locals and foreign tourists come here to admire the spectacular shows in a majestic auditorium with cascading waterfalls and a pool right on the stage. The signature feature of the theatre is involving every indoor element in the performance, from seats to walls, floors, and even the dome of the building.

Thanks to this feature, visitors can enjoy the unique atmosphere that can shift from a fairy-tale tropical forest to a throne room in mere seconds. Acrobatics with death-defying acts, dances, mesmerising light shows, and exquisite, sophisticated music are only some of the elements that remain embedded in the audience’s memory.

Investment in The Terraces Marasi Drive

The premium properties in the off-plan complex are an attractive investment asset whose owners can achieve significant capital gains in the short term. The value of apartments and penthouses is currently lower because the project is at the implementation stage. They will, however, become more expensive in Q1 2024, so investors who close the deal at the early stages of construction will be able to profit from a resale.

Owners of residences who do not resell their homes immediately after commissioning can grow their capital even more in the long term: real estate prices in this popular business community are growing rapidly as the Dubai market develops.

Entrepreneurs can also receive a guaranteed rental income. The average return on investment in Business Bay property is 5.68% per annum for one-bedroom apartments, 5.51% per annum for two-bedroom homes, 4.88% per annum for three-bedroom residences, and 3.13% per annum for four-bedroom units. The annual rental income from a one-bedroom apartment may reach AED 245,000 ($66,710), and for two- and three-bedroom homes AED 330,000 and AED 400,000 ($89,950 and $108,920) respectively. The tentative rental yield from four-bedroom penthouse is AED 650,000 ($176,990) per year.

Buying a property in The Terraces Marasi Drive

Are you planning to purchase a property in Dubai as a private residence or a high-yield investment? Apartments and penthouses in The Terraces Marasi Drive will suit buyers with either purpose. Please contact our English-speaking team members to receive assistance with selecting a residence that fully meets your needs, comprehensive advice on all features of the chosen property, support at all stages of closing the deal, and top-notch after-sale service.