? The Property
A 1 Bedroom Apartment in Terraces Marasi Drive is designed for modern, comfortable, and sophisticated living, with an emphasis on maximizing space and offering premium finishes.
- ?️ Open-Concept Living & Dining Area: The 1-bedroom apartment features a well-proportioned open-concept living and dining area. This space is designed to be functional and inviting, providing ample room for comfortable seating, a dining setup, and entertaining guests. Large windows ensure the area is filled with natural light, creating a bright and airy ambiance. This area typically extends to a private balcony, offering residents their own outdoor space.
- ?️ Private Bedroom with En-suite: The apartment includes a dedicated and private bedroom, offering a comfortable retreat. The bedroom is typically spacious enough for a king-sized bed and includes built-in wardrobes for ample storage. It is complemented by a luxurious en-suite bathroom, fitted with high-quality sanitary ware, sleek fixtures, and contemporary finishes, reflecting the development's commitment to quality.
- ?? Modern Fitted Kitchen: Each 1-bedroom apartment comes with a modern fitted kitchen, designed for both aesthetics and practicality. The kitchen features stylish cabinetry, durable countertops, and is typically equipped with a range of modern appliances, allowing residents to prepare meals with ease.
- ? Contemporary Bathrooms: In addition to the en-suite bathroom, many 1-bedroom layouts include a convenient guest powder room, enhancing privacy and comfort for residents and visitors. All bathrooms are designed with modern aesthetics, premium fittings, and high-quality finishes.
- ☀️ Private Balcony: A significant feature of the 1-bedroom apartments is the inclusion of a private balcony. These outdoor spaces provide a relaxing spot to enjoy the views of the Dubai Canal, Business Bay, or the city skyline, perfect for morning coffees or evening unwinding.
- ✨ High-Quality Finishes & Smart Home Features: Residences at Terraces Marasi Drive are crafted with an emphasis on spaciousness and modern comfort. They feature high-quality finishes throughout, including premium flooring, elegant fixtures, and contemporary design elements. Many units are equipped with smart home systems, allowing residents to control lighting, temperature, and other features with ease, enhancing convenience and security. Floor-to-ceiling windows are a common feature, maximizing natural light and offering panoramic views.
A 1 Bedroom Apartment in Terraces Marasi Drive offers a complete, elegant, and convenient urban home, perfectly tailored for individuals or couples seeking a luxurious and connected lifestyle in the vibrant heart of Business Bay.
?️ The Lifestyle
Residing in a 1 Bedroom Apartment at Terraces Marasi Drive offers a sophisticated, convenient, and highly connected urban lifestyle, blending the comforts of a modern home with a comprehensive suite of world-class amenities, all within the pulsating hub of Business Bay.
- ? Swimming Pool & Resort-Style Facilities: Residents will have access to a well-maintained swimming pool, often accompanied by resort-style deck areas, providing a refreshing escape and a perfect spot for relaxation and sunbathing.
- ? State-of-the-Art Gymnasium & Wellness Facilities: A fully equipped state-of-the-art gym is available, featuring modern fitness equipment. Terraces Marasi Drive also boasts exceptional spa and wellness services, which may include a massage room, salt room (halotherapy), oxygen room, ice room (cryotherapy), steam room, and sauna, offering a comprehensive wellness experience.
- ?️ 24-hour Concierge Service: A dedicated 24-hour concierge service is available to assist residents with various needs, enhancing convenience and providing a luxurious living experience.
- ?️ Ample Covered Parking: Residents will benefit from ample covered parking spaces, ensuring convenience and security for vehicles.
- ? 24/7 Security & Surveillance: The building is equipped with 24/7 security personnel and advanced CCTV surveillance systems, ensuring a safe and secure living environment for all residents.
- ? Landscaped Gardens & BBQ Area: Enjoy beautifully landscaped gardens and designated barbecue areas, providing serene outdoor spaces for relaxation, social gatherings, and al-fresco dining.
- ? Children's Play Area: A dedicated children's play area ensures a family-friendly environment, providing a safe and engaging space for the youngest residents.
- ?️ Vibrant Urban Environment: Business Bay is a lively and sophisticated district, providing immediate access to a plethora of high-end fine dining restaurants, chic cafes, trendy lounges, and vibrant nightlife options, ensuring a dynamic social calendar. The proximity to the Dubai Water Canal Walk offers picturesque routes for strolls and outdoor activities.
- ?️ Proximity to Key Attractions: Living at Terraces Marasi Drive means being just minutes away from iconic landmarks like The Dubai Mall, Burj Khalifa, and The Dubai Fountain, offering world-class shopping, dining, entertainment, and leisure experiences.
- ? Excellent Connectivity: The tower's strategic location ensures effortless access to major road networks (Sheikh Zayed Road, Al Khail Road) and public transportation (Business Bay Metro Station nearby), facilitating seamless and swift commutes across Dubai for work or leisure.
Life at a Terraces Marasi Drive 1 Bedroom Apartment is about embracing a sophisticated, convenient, and vibrant urban lifestyle, where modern design, comprehensive amenities, and prime connectivity converge to offer an exceptional living experience in the heart of Dubai.
? An Investment in Prime Real Estate
Investing in a 1 Bedroom Apartment at Terraces Marasi Drive presents an attractive opportunity within Dubai's dynamic real estate market. This is driven by its prime location, reputable developer, expected completion in 2024, and consistent demand for well-appointed 1-bedroom units in central areas.
- ? Strategic Location in a High-Demand Urban Hub: Situated in Business Bay, directly on the Dubai Water Canal and minutes from Downtown Dubai, Terraces Marasi Drive benefits from strong rental demand from corporate professionals, young couples, and solo residents seeking a central, high-quality, and convenient living experience. Its canal-front position and proximity to iconic landmarks ensure a consistent influx of potential tenants.
- ? Reputable Developer: Keymaven has a reputation for delivering quality projects. Investing in a property by a trusted developer instills confidence and typically ensures timely delivery and high standards of construction and finishes, which are crucial for attracting premium tenants and ensuring property value retention.
- ✅ Off-Plan with Nearing Completion: As an off-plan development with an expected handover in Q2 - Q4 2024, Terraces Marasi Drive offers the advantage of potential capital appreciation during the construction phase. Once completed, these units can provide immediate rental income, making it attractive for investors looking for quicker returns compared to earlier-stage off-plan projects. This timing also allows buyers to secure a property at an earlier price point before it gains full value upon completion.
- ? Strong Rental Demand & High Yield Potential for 1-Bedrooms: 1-bedroom apartments in Business Bay are consistently in high demand for both long-term rentals by professionals working in the surrounding business districts and short-term holiday rentals due to the area's tourist appeal. The modern design, amenities, and prime location of Terraces Marasi Drive position these units for strong rental yields (average ROI for 1-bedroom in Business Bay is cited around 5.68% per annum).
- ? Robust Capital Appreciation Potential: Dubai's real estate market, especially in prime, well-connected areas like Business Bay, continues to demonstrate resilience and growth. New, high-quality developments often see significant value appreciation over time. The "Terraces" concept with its focus on outdoor living and smart features adds a unique selling proposition, contributing to sustained desirability and strong resale value.
An investment in a 1 Bedroom Apartment in Terraces Marasi Drive is a strategic and potentially high-yield acquisition in a prime, high-demand segment. It provides a compelling opportunity for consistent rental income and strong capital appreciation, making it an ideal choice for both seasoned real estate investors and those looking to secure a quality asset in Dubai's thriving market.
? Visa Eligibility
Purchasing a 1 Bedroom Apartment in Terraces Marasi Drive offers a direct pathway to obtaining UAE residency, potentially qualifying for both the 2-year Investor Visa and the 10-year Golden Visa, depending on the property's final value.
- ?? Eligibility for UAE 2-Year Investor Visa: The value of a 1-bedroom apartment in a premium development like Terraces Marasi Drive will comfortably exceed the AED 750,000 (approx. USD 204,000) threshold for the 2-year UAE Investor Visa. This visa allows the property owner to reside in the UAE.
- ?? Potential Eligibility for UAE Golden Visa (10-Year Investor Visa): For eligibility for the highly desirable 10-year UAE Golden Visa, the property's value at the time of purchase must be AED 2,000,000 (approx. USD 545,000) or more. While 1-bedroom apartments generally have lower price points, ultra-luxury 1-bedroom units in prime locations can certainly meet or exceed this threshold. Given that some 1-bedroom units in Terraces Marasi Drive are listed with values around AED 1.9M - AED 2.8M, these particular units are highly likely to qualify for the Golden Visa. It is advisable to confirm the exact purchase price and its qualification with a real estate expert for specific units. This long-term residency visa offers substantial and attractive benefits, including the ability to sponsor immediate family members (spouse and children of all ages, and parents), providing unparalleled stability and a truly global lifestyle in the UAE.
- ✅ Streamlined Application Process: The relevant government authorities in the UAE have established transparent, efficient, and investor-friendly processes for property owners to apply for residency visas, facilitating a seamless and expedited path to long-term residency.
- ? Benefits of UAE Residency: Property investors profoundly benefit from the UAE's stable and rapidly growing economic environment, world-class infrastructure, and highly advantageous residency conditions, including highly attractive tax policies (zero personal income tax), a safe, secure, and multicultural living environment, and full access to Dubai's world-renowned services, premium education, healthcare, and burgeoning business opportunities.
? Private Client Experience
Our dedicated team is committed to providing a seamless, highly personalized, and confidential experience for our esteemed clients interested in Terraces Marasi Drive 1 Bedroom Apartments. We leverage our deep understanding of Keymaven, the Business Bay market, and the nuances of canal-front properties to ensure an unparalleled service. From the initial consultation to the final acquisition, we offer:
- ? Expert Consultation: Providing profound, in-depth insights into Terraces Marasi Drive's 1-bedroom apartment offerings, their unique design features, the comprehensive amenities, and their compelling investment potential within this prime development. We will clarify any nuances regarding finishes, smart home features, and the benefits of investing in a well-located, nearing-completion property.
- ? Tailored Investment Advice: Offering bespoke guidance on current market trends for 1-bedroom units in Business Bay, projected rental yields (both long-term and high-value short-term holiday rentals), and detailed information on the property's off-plan status and available payment plans. We also provide clear and comprehensive information on UAE residency visa eligibility, including Golden Visa pathways and requirements, ensuring you make the most informed decision for this attractive investment.
- ✍️ Documentation & Legal Support: Delivering meticulous, end-to-end assistance with all essential paperwork, intricate contracts, and relevant governmental procedures for a smooth, efficient, and fully compliant transaction, ensuring complete peace of mind throughout the entire acquisition process.
- ? Post-Purchase & Rental Services: Providing dedicated and ongoing support for comprehensive property management upon handover, optimal rental arrangements in the high-demand Business Bay luxury rental market, or potential resale needs, ensuring your investment is impeccably cared for, expertly managed, and maximized within this vibrant and affluent urban environment.
We are unwavering in our commitment to making your acquisition of a prime 1 Bedroom Apartment in Terraces Marasi Drive an effortless, rewarding, and unparalleled experience, tailored to the highest standards of discerning clientele.
