Terrazzo Residences by Taraf is a premium project by a young developer in JVC. The stunning complex will consist of two mid-rise buildings. Future buyers can choose from apartments with 1-3 bedrooms and enjoy an unparalleled level of living and premium-class amenities.
Terrazzo Residences is a new luxury complex located in the developed and popular Jumeirah Village Circle area. The project is being built by the Taraf company, a subsidiary of the Yas Holding conglomerate. The mid-rise complex is surrounded by greenery and will become a new luxurious addition to the residential complexes in JVC. The residences will be ready for occupancy by the end of 2025.
The Terrazzo Residences complex consists of two mid-rise buildings, each with six floors. Potential investors can choose from a variety of apartments with 1-3 bedrooms. In total, the project includes 203 diverse residences, ranging in size from 71 sq. m to 197 sq. m.
All residences are designed in a modern style, using a natural color scheme of green, brown, and blue shades. All apartments have panoramic windows that allow for maximum natural lighting, so you can enjoy views of the green landscapes surrounding the complex. All real estate options will have at least one balcony or terrace, built-in wardrobes, and a laundry room. Some layouts include a designated office area, a covered space for relaxation on the terrace, and a room for staff.
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The Terrazzo Residences project is being built in the JVC community. The construction of projects in the area has been ongoing since 2005. Currently, the community offers guests and residents a variety of options for leisure, work, and a fulfilling life. In addition, the transportation system in JVC is quite developed - there are several public transport stops within a 10-15 minute walk from the complex.
Just a five-minute drive from the complex, there is a popular shopping destination, Circle Mall, and a green area for walks - JVC District 16 Park. In case of medical emergencies, residents can seek medical assistance at one of the nearby facilities. A trip to Carewell Clinics, Aster Clinic, JVC, LIFE Medical Centre Jumeirah Village Circle will take 5-10 minutes. The nearest hospital, Right Health Karama Medical Center, is located within walking distance.
The JVC area has a rich selection of educational institutions, including those operating on an international system. Such institutions as JSS International School, Ladybird Nursery JVC, Kids World Nursery JVC, Little Wonders Nursery Dubai JVC, Chubby Cheeks Nursery JVC, Dubai School Al Barsha, Al Barsha School, etc. are located within a 5-10 minute drive from the Terrazzo Residences complex.
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Miracle Garden, Dubai Butterfly Gardens, Dubai Sports City, Ibn Battuta Mall
Dubai International Airport (DXB), Mall of Emirates, Palm Jumeirah, Dubai Marina, Downtown Dubai
Future residents of the Terrazzo Residences project will have easy access to any point in the emirate - the complex is located near the exits to three important highways - Al Khail Road, Hessa Street, and Sheikh Mohamed Bin Zayed Road.
Popular exhibitions at Dubai Butterfly Garden and Miracle Garden are perfect for family vacations. You can have a pleasant time and go shopping at the Ibn Battuta Mall complex. The journey to all locations will take 10-15 minutes. Active vacationers can choose one of the options on the Dubai Sports City premises. The trip to this area will take about a quarter of an hour. The same amount of time it takes to drive to the popular Mall of Emirates center.
Dubai International Airport (DXB) and tourist locations in Downtown Dubai are a half-hour drive from the project. Beach lovers can visit the coastal areas of Dubai Marina and Palm Jumeirah - they are located 25 minutes' drive from the Terrazzo Residences complex.
Exclusive apartments in the Terrazzo Residences complex can be considered a good option both for living and investment. The complex will become part of the family-oriented community of JVC, where residents can get the most out of various entertainment and access important social infrastructure facilities. Living in such a place will be attractive for couples with children, businessmen and employees who move to Dubai with their families.
As for investing in real estate for rental purposes, currently the cost of one-bedroom apartments in JVC is AED 65,000 (USD 18,000) per year. ROI for such properties is 7.6%. Until the end of 2025, while construction is underway, you can purchase apartments in the project on favorable payment plans from the developer - 50/50.
For citizens of other countries, purchasing apartments in Terrazzo Residences will be a convenient option to obtain residency in the UAE. You can apply for maximum visas for yourself and your family in case of buying apartments worth more than AED 2 million (USD 545,000), immediately after the completion of construction. To obtain a two-year visa, you can purchase apartments worth from AED 750,000 (USD 204,000).
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