Overview of Marina Terrace
Marina Terrace is a luxurious residential tower located in Dubai Marina, one of the most exclusive areas in Dubai. The tower stands tall at 183 meters and has 38 stories above ground, offering breathtaking panoramic views of the Marina. The building features up to 200 residential units that range from 1-bedroom to 3-bedroom apartments, as well as expansive duplex penthouses on its two top floors.
Here are some quick highlights of Marina Terrace:
- It is located in Dubai Marina, one of Dubai’s most sought-after residential and tourist addresses.
- It offers many five-star resorts, exclusive neighborhoods, and world-class golf courses.
- Luxurious living is ideal for people who value it, as each apartment is built to optimize the expansive views of the Marina.
- Marina Terrace is setting new standards for exclusivity and sophistication in Dubai’s real estate market.
Damac Properties launched Marina Terrace in 2002, their first real estate construction project. Despite the initial projected completion date of 2004, the tower experienced some delays but was eventually completed and ready for occupancy.
In conclusion, Marina Terrace is a luxurious residential tower that offers exclusive and sophisticated living in Dubai Marina. Its stunning panoramic views and prime location make it an ideal choice for those who appreciate luxury living.
Property Types and Features
Apartments and Penthouses
Marina Terrace offers a range of spacious and comfortable apartments and penthouses that are perfect for families and individuals alike. The tower features up to 200 residential units that range from 1-bedroom to 3-bedroom apartments. The building also houses expansive duplex penthouses on its two uppermost floors, providing stunning panoramic views of the Marina.
Amenities and Facilities
Marina Terrace residents can enjoy various amenities and facilities catering to their needs. The tower features a state-of-the-art gymnasium, a swimming pool, a tennis court, a sauna, a steam room, and a sun deck. The tower also has a supermarket, ensuring residents can access their daily necessities easily.
Security and Convenience
Marina Terrace boasts 24-hour security and CCTV surveillance, ensuring residents feel safe and secure. The tower also has high-speed elevators, facilitating inhabitants’ rapid and convenient movement across the building. In addition, the tower has low service charges, making it an affordable option for those looking for a luxury lifestyle.
Views and Surroundings
Marina Terrace offers stunning views of the Marina and its surroundings. Residents can enjoy the full Marina view, the panoramic one from their balconies, or the sun deck. The tower is also close to beachside resorts and the waterfront piazza, providing residents easy access to various entertainment and leisure options.
Upgrades and Furnishings
Marina Terrace offers fully furnished and unfurnished apartments and penthouses, allowing residents to choose the best option. The tower also provides large upgraded 1BR and 3BR apartments, ensuring residents have ample living space.
Floor Plans and Layouts
Marina Terrace offers a range of floor plans and layouts, providing residents with a variety of options to choose from. The tower features 1-bedroom, 2-bedroom, and 3-bedroom apartments and 2-bathroom units. The tower also offers fully upgraded and unfurnished 1BR and 3BR apartments, ensuring that residents can customize their living space according to their preferences.
- Spacious and comfortable apartments and penthouses
- Utaand facilities include a gym, swimming pool, tennis court, sauna, steam room, sun deck, and supermarket.
- 24-hour security and CCTV surveillance
- High-speed elevators and low service charges
- Magnificent perspectives of the Marina and its environs
- Fully furnished and unfurnished apartments and penthouses
- Large upgraded 1BR and 3BR apartments
- Range of floor plans and layouts including 1-bedroom, 2-bedroom, and 3-bedroom apartments and 2-bathroom units
Buying and Selling
Sales Listings
Marina Terrace, Dubai Marina is an exclusive residential building that offers luxury and pleasure to its residents. The property provides a range of apartments for sale, starting from AED 1.35 million for a 1-bedroom apartment with two bathrooms. The prices go up to AED 6.5 million for more spacious 4-bedroom apartments. The tower features up to 200 residential units that range from 1-bedroom to 3-bedroom apartments. Interested buyers can visit Property Finder to view the 19 available properties with installment payment plans.
Rental Opportunities
Marina Terrace also offers rental opportunities for those who prefer to rent instead of buying. The tower features up to 200 residential units that range from 1-bedroom to 3-bedroom apartments. Interested renters can visit Property Finder to view the available properties for rent.
Market Insights
Marina Terrace, Dubai Marina is a high-end residential building launched by Damac Properties in 2002. The tower stands at 183 meters (600 feet) and has 38 stories above ground. The building also houses expansive duplex penthouses on its two top floors. According to the price map, the average price per square foot for an apartment in Marina Terrace is AED 1,200. The community insights reveal that Dubai Marina is a highly sought-after area for residential properties.
Investment Potential
Marina Terrace, Dubai Marina is a great investment opportunity for those looking to invest in real estate. The property offers mortgage-ready apartments for sale with payment plans of up to 25 years. The price trends reveal that the value of properties in Dubai Marina has increased over the years, making it a profitable investment. Interested investors can get notified of new properties by visiting the official website of DAMAC Properties.
- The tower features up to 200 residential units that range from 1-bedroom to 3-bedroom apartments.
- The prices for apartments start from AED 1.35 million for a 1-bedroom apartment with two bathrooms.
- Rental opportunities are also available for those who prefer to rent instead of buying.
- The average price per square foot apartment in Marina Terrace is AED 1,200.
- Dubai Marina is a highly sought-after residential property area.
- Payment plans of up to 25 years are available for mortgage-ready apartments.
- The value of properties in Dubai Marina has increased over the years, making it a profitable investment.
- Interested investors can get notified of new properties by visiting the official website of DAMAC Properties.
Location and Accessibility
Marina Terrace is located in Dubai Marina, one of the most sought-after areas in Dubai. The tower is in a great location, offering easy access to amenities, including shopping, entertainment, and world-class golf courses.
Proximity to Key Areas
Marina Terrace is located in Dubai Marina, one of the most popular areas in Dubai. The tower is just a short distance from the Marina, home to various restaurants, cafes, and shops. The tower is also close to several five-star hotels, including the Address Dubai Marina and the Grosvenor House Dubai.
Transport and Connectivity
Marina Terrace has excellent access to major highways and public transport, making it well-connected to the rest of Dubai. The Sobha Realty metro station is within a fifteen-minute walk from the tower, providing easy access to the rest of the city. Car commute times are also relatively short, with the Dubai Mall just an 18-minute drive away.
Nearby Attractions
Marina Terrace is close to several key attractions in Dubai, including the Palm Jumeirah, the Burj Al Arab, and The Walk JBR. The tower is close to several world-class golf courses, including the Emirates Golf Club and the Dubai Creek Golf & Yacht Club. Other nearby attractions include the Dubai Marina Mall, home to various shops and restaurants, and the Dubai Miracle Garden, one of Dubai’s most popular tourist attractions.
- Marina Terrace is located in Dubai Marina, one of the most sought-after areas in Dubai.
- The tower is in a great location, offering easy access to shopping, entertainment, and world-class golf courses.
- Marina Terrace is just a short distance from the Marina, home to various restaurants, cafes, and shops.
- The tower offers convenient access to major highways and public transportation, providing good connectivity to the rest of Dubai.
- Marina Terrace is close to several key attractions in Dubai, including the Palm Jumeirah, the Burj Al Arab, and The Walk JBR.
- The tower is close to several world-class golf courses, including Emirates Golf Club and Dubai Creek Golf & Yacht Club.
Community and Lifestyle
Marina Terrace is a luxurious residential tower in Dubai Marina that offers exclusive amenities and a comfortable living environment. The structure is made to meet the needs of its occupants, who value convenience, comfort, and entertainment. The community and lifestyle at Marina Terrace are one of a kind, offering a range of facilities that enhance the overall living experience.
Residential Atmosphere
Marina Terrace is a residential tower that offers a luxurious living environment. The building features up to 200 residential units that range from 1-bedroom to 3-bedroom apartments. The apartments are elegantly designed and provide breathtaking views of the Dubai Marina. The tower also houses expansive duplex penthouses on its two top floors, offering ultimate luxury living.
Leisure and Recreation
Marina Terrace provides a variety of recreational and leisure amenities to meet the demands of locals. For inhabitants to stay in shape and active, the tower has a tennis court and a gymnasium. Additionally, there is a swimming pool where homeowners may unwind and take in the stunning views of Dubai Marina. The tower is great for outdoor activities because it is close to several parks and beaches.
Dining and Cuisine
Marina Terrace is close to several restaurants and cafes offering various dining options. The tower is also located close to the Dubai Marina Mall, which features a retail mix of high-end brands and a variety of dining options. Residents can enjoy a range of cuisines worldwide without leaving the comfort of their homes.
- Marina Terrace offers a range of facilities that enhance the overall living experience.
- The tower features up to 200 residential units that range from 1-bedroom to 3-bedroom apartments.
- Marina Terrace provides a variety of recreational and leisure amenities to meet the demands of locals.
- The tower features a gymnasium and a tennis court where residents can stay fit and active.
- Additionally, there is a swimming pool where homeowners may unwind and take in the stunning views of Dubai Marina.
- Marina Terrace is perfect for outdoor activities because it is close to many parks and beaches.
- The skyscraper is close to the Dubai Marina Mall, with various eating establishments and a shopping mix of upscale brands.
- Residents can enjoy a range of cuisines worldwide without leaving the comfort of their homes.
Developer Information
Marina Terrace is a luxurious residential tower located in Dubai Marina. Damac Properties, a well-known real estate developer in the UAE, developed the tower. Here are some key points to know about the developer:
- One of the top developers of luxury real estate in the Middle East is Damac Properties, with over 20,000 homes delivered and a portfolio of iconic projects across the region.
- Hussain Sajwani launched the business in 2002 as a prominent UAE businessman and entrepreneur.
- Damac Properties has received multiple honors, including its innovative and high-quality developments, including the “Best Luxury Developer” award at the 2017 International Property Awards.
- The company’s projects are known for their luxurious amenities and high-end finishes, making them popular with investors and residents.
Marina Terrace is one of Damac Properties’ flagship projects, and the developer spared no expense in creating a truly luxurious residential experience. Here are some key features of the development:
- The tower features elegantly crafted 1, 2 & 3-bedroom apartments with modern amenities and fittings.
- The building consists of 33 residential floors above a five-story podium, with up to 200 residential units that range from 1-bedroom to 3-bedroom apartments.
- Marina Terrace stands at 183 meters (600 feet) tall and is 38 stories above ground.
- The tower also houses expansive duplex penthouses on its topmost floors, offering stunning views of the Dubai Marina skyline.
- The development is geared towards presenting residents with the best-in-class comfort and convenience, with features like a swimming pool, gym, and 24-hour security.
Overall, Damac Properties is a developer known for its commitment to luxury living, and Marina Terrace is no exception. With its prime location in Dubai Marina and world-class amenities, the development is an excellent option for people looking for an opulent lifestyle in the city’s center.
Frequently Asked Questions
What are the average rental prices in Marina Terrace?
- The average rental prices in Marina Terrace vary depending on the size and type of the unit.
- As of March 2024, the average rental price for a 1-bedroom apartment is around AED 90,000 per year.
- For a 2-bedroom apartment, the average rental price is around AED 130,000 per year, while for a 3-bedroom apartment, the average rental price is around AED 180,000 per year.
What type of amenities are offered at Marina Terrace?
- Marina Terrace offers its inhabitants a range of amenities, including a steam room, sauna, and swimming pool.
- The building also has a 24-hour front desk, security service, and covered parking for residents.
How does Marina Terrace compare to other properties in Dubai Marina regarding value?
- Marina Terrace is a high-end residential building that offers luxurious apartments with stunning views of Dubai Marina.
- Regarding value, Marina Terrace is comparable to other high-end properties in Dubai Marina, such as The Address Dubai Marina and Marina Quays.
What are the current market trends for properties like Marina Terrace in Dubai Marina?
- At the moment, Dubai Marina’s real estate market remains steady, with a moderate increase in property prices.
- Properties like Marina Terrace are in high demand because of their abundant amenities and ideal location.
Can you describe the lifestyle experience offered at Marina Terrace?
- Marina Terrace offers a luxurious lifestyle experience with stunning views of Dubai Marina.
- The building is located near various restaurants, cafes, retail outlets, the beach, and other recreational facilities.
What public transportation options are available near Marina Terrace?
- Marina Terrace is conveniently located near Sheikh Zayed Road (E11), which offers easy access to other parts of Dubai.
- The building is also within walking distance of the Sobha Realty metro station, which connects to the Dubai Metro network and other public transportation options.
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