JRE · Joshi Real Estate
Terraces Marasi Drive exterior view - Business Bay, Dubai - by Keymaven
Sold outKeymaven

Terraces Marasi Drive

Business Bay, Dubai
From
POA
Handover
MAR 2024
Enquire
The Project
From
On request
Status
Sold out
Handover
MAR 2024
Size
from 0 sqft
Residences
-
Construction
100% complete
Furnishing
Unfurnished
Service charge
16-20 AED/sqft
Buildings
1

Terraces Marasi Drive is a completed residential tower by Keymaven, positioned along Marasi Drive in Business Bay, Dubai's dense commercial and residential corridor that runs beside the Dubai Canal.

# The tower and its position in Business Bay

Business Bay has matured considerably over the past decade. What began as a largely corporate district is now a layered urban neighbourhood where high-rise residential stock sits alongside hotels, canal-side dining and office towers, all within a short drive of Downtown Dubai.

Terraces Marasi Drive occupies a canal-fronting address on Marasi Drive itself, one of the district's more considered streets in terms of streetscape and pedestrian access to the waterway. The building completed in March 2024 and is fully handed over, which matters to buyers who have grown cautious of off-plan timelines elsewhere in the city.

Keymaven is a developer that has focused on boutique residential schemes rather than volume output. A single building here rather than a master-planned cluster keeps the ownership community contained, which tends to translate into more consistent building management over time.

# Residences, kitchens and the question of personalisation

The project is delivered unfurnished, with equipped kitchens, a specification choice that suits buyers who intend to appoint their own interiors rather than accept a developer's furniture package. For international purchasers planning a long-term primary or secondary residence, that flexibility is often more practical than it first appears.

Each residence connects to a smart home application, allowing residents to manage lighting, climate, security and building services from a single interface. The system is built into the fabric of the units rather than retrofitted, which affects both reliability and resale appeal.

Specific unit sizes and layout counts are not available for publication at this time, as the project is currently out of stock.

# Amenities across the building

The building's amenity offer covers the practical and the restorative in roughly equal measure. Both public and private swimming pools are available to residents. A spa with wellbeing therapies sits alongside a full gym. Guest valet parking is provided, a detail that matters in a district where visitor parking is perennially scarce.

The smart home infrastructure extends across the recreation areas, managed through the same application used within individual units.

Service charges run at 16 to 20 AED per square foot annually, a figure worth factoring into yield calculations for buyers considering the rental market.

# Canal proximity and city connections

The Dubai Water Canal Walk is roughly ten minutes by car, though residents on Marasi Drive have more direct pedestrian access to canal-side paths than many Business Bay towers set further inland. The Burj Khalifa and The Dubai Mall both sit approximately 7.5 to 7.7 kilometres away, a ten to eleven minute drive depending on traffic.

Dubai International Airport is 19.3 kilometres from the building, typically eighteen minutes without congestion. G/H School is 2.4 kilometres away, a five-minute drive, which is relevant for families with school-age children evaluating the area. Mercato Beach on Jumeirah Road is reachable in around seventeen minutes.

Sheikh Zayed Road and Al Khail Road both connect from Business Bay with relative ease, making the district functional for residents who move regularly between different parts of the city.

# Who this building suits and where it sits in the market

Terraces Marasi Drive is most legible as an address for a buyer who wants a completed, canal-adjacent building in a district that has already proved its liquidity. Business Bay consistently records among the highest transaction volumes in Dubai, which gives both owner-occupiers and investors a degree of exit confidence that newer or more peripheral locations do not yet offer.

The unfurnished, smart-home-equipped specification suits a buyer who wants to control the interior outcome. The amenity stack, spa, pools, gym, valet, positions the building in the upper tier of Business Bay's residential offer without the scale of a master community. For an international buyer seeking a foothold in central Dubai without committing to the full Downtown price premium, that distinction is worth examining.

Structure

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Lifestyle

Amenities

Extensive Recreation Area
The Smart Home App
Public And Private Swimming Pools
Spa With Wellbeing Therapies
All-In-One Modern Gym
Guest Valet Parking
Setting

Location

Set in Business Bay, Dubai. Explore more in our Business Bay guide.

Nearby
  • G/H School2.4 km · 5 min
  • Dubai Water Canal Walk4.3 km · 10 min
  • Airport19.3 km · 18 min
  • The Dubai Mall7.7 km · 11 min
  • Burj Khalifa7.5 km · 10 min
  • Mercato Beach10.4 km · 17 min

Distances and times shown are approximate, computed against generalised landmark coordinates and typical traffic conditions. Use them as a guide; actual commute time depends on building exit, district routing and time of day.

Resources

Documents

Escrow number
994000034037
Service charge
16-20 AED/sqft
Furnishing
Unfurnished
Construction start
2022-03-01
Construction end
2024-03-31
0
Buildings
1
Readiness
100%
Buildings
  • Tower

    1-4BR Apartments, 1-3BR Duplexes

Parking
  • 3 BR Apartment2 spaces
  • 2 BR Apartment1 space
  • 1 BR Apartment1 space
Questions

Frequently asked

Who is the developer of Terraces Marasi Drive?+

Keymaven

Where is Terraces Marasi Drive located?+

Terraces Marasi Drive is located in Business Bay, Dubai, United Arab Emirates.

When is Terraces Marasi Drive handing over?+

Handover is scheduled for MAR 2024; the project is 100% complete.

What is the price of Terraces Marasi Drive?+

Prices at Terraces Marasi Drive start from AED 0.

Is Terraces Marasi Drive registered with escrow?+

Yes, Terraces Marasi Drive has escrow number 994000034037 with the Dubai Land Department.

Enquire about Terraces Marasi Drive

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