//
Starting Price
$ 430 000
Apartments and penthouses
1, 2 & 3 BR
Ready to move in
Marina Terrace Tower
Marina Terrace Tower is located in the iconic Dubai Marina. Potential occupants are offered 1–3 bedroom apartments and spacious duplex penthouses. The project is the perfect option for those wishing to live in one of the most sought-after areas in Dubai.
GET A FREE CONSULTATION
GET A FREE CONSULTATION

Marina Terrace Tower by Damac Properties

Marina Terrace Tower is a ready-to-move-in 38-storey development in Dubai Marina.
The project was completed in 2006 and has already attracted the attention of foreigners wishing to move to Dubai, as well as local residents wanting to experience a harmonious lifestyle within close proximity to the key sights of the emirate.
The developer of Marina Terrace Tower is DAMAC Properties, who is also known for projects such as DAMAC Lagoons, Cavalli Couture, Chic Tower and Safa Two de GRISOGONO.

Potential residents of Marina Terrace Tower can choose a unit from 1–3 bedroom apartments and spacious duplex penthouses. The number of residences in the development is 200. The starting price of a 1-bedroom unit in Marina Terrace Tower is AED 1,580,000 (USD 430,000), while a 4-bedroom penthouse costs from AED 8,450,000 (USD 2,300,000). A 1-bedroom apartment in the development can be rented out from AED 135,000 (USD 37,000) per year.
Among the amenities which are available to residents of Marina Terrace Tower are:

  • Luxury swimming pool
  • Spacious sun deck
  • BBQ area
  • Children’s play room
  • Resident’s’ lounge
  • Spa with sauna and steam rooms
  • 24/7 concierge services
  • Retail stores and dining facilities right on the doorstep
  • Easy access to 5-star hotels, beach clubs and golf courses

Parking spaces are located across two basement levels and a separate two-way exit entrance for parking is available. Residents can easily get to any floor of the building thanks to high-speed elevators.
Luxury swimming pool
BBQ area
Spa with sauna and steam rooms
Children’s play room

Location

Marina Terrace Tower boasts a strategic location which enables its residents to get to other areas of Dubai within a short period of time. Thus, Downtown Dubai takes 20 minutes, while Dubai International Airport is reachable within 25 minutes.

Families with children might wish to learn more about the nearest educational institutions which include:

  • Raffles Nursery Dubai Marina, Monroe’s Nursery, Fun & Play Nursery and Mosaic Nursery JLT
  • Emirates International School — Meadows
  • American University in Dubai, Murdoch University Dubai, Abu Dhabi University — Dubai campus, Middlesex University Dubai and more
In terms of medical institutions, residents of Marina Terrace Tower can get to Health Avenue Polyclinic, Marina Medical Center — Dubai Marina Clinics and Le Royal Meridien Clinic. Among the closest dining options are Wared Life Cafe, Bellavista, Marina JBR Little Lamb Restaurant, Al Dhiyafa Grand Kitchen and many other options.

There will be no time for boredom while living in Marina Terrace Tower due to a great number of attractions and leisure activities. Dubai Marina Mall is one of the most well-known shopping destinations in the emirate, where apart from retail stores and dining options, visitors can find Reel Cinemas and many other attractions.
The Walk at JBR is an ideal place to relax after a long day as you can stroll past the boutiques and cafes. The Beach at JBR is home to Pavilion, which is one of the newest dining destinations in JBR, that also has a Roxy Cinemas, Bla Bla Beach Club and shopping options.

Those who are into sports might be interested in Skydive Dubai where you can enjoy tandem parachuting and gyrocopter flights.

Adrenaline lovers will also appreciate the world's longest urban zipline called XLine Dubai, offering unforgettable rides and flying over land and water at a speed of 80 km/h.

Economic Attractiveness

Purchasing a residential unit in Marina Terrace Tower is the right option for those wishing to enjoy a harmonious lifestyle in one of the most desirable areas in Dubai. Residents of the development will easily be able to get to social infrastructure objects, as well as to the long list of entertainment venues.

Due to the fact that Marina Terrace Tower is a completed project, future owners can move into their new home straight after the successful transaction. Potential investors can generate a stable passive income from renting a property out, as units in Dubai Marina are alway in high demand among those who value their comfort. The average ROI in the area for a 1-bedroom apartment is 7.9%.

A wide range of units are offered to those who are interested in Marina Terrace Tower, meaning that anyone can choose the perfect unit based on his/her preferences and budget. It’s worth noting that buying a residential property with a cost of more than AED 2,000,000 (USD 545,000) will enable you and your family members to obtain a 10-year Golden Visa, which allows you to stay in Dubai without any limits and make the most of a number of benefits.