New homes in Terrazzo start at AED 950,000; the keys were due Dec 2025; you pay 10% to book, 40% while it is built and 50% at the keys.
In the 12 months to Nov 9, 2026, Dubai Land Department recorded 2,928 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Jumeirah Village Circle. Their median price is AED 1,484 per sq ft (about AED 1,144,000 at 771 sq ft). This project's from price is AED 1,232 per sq ft (AED 950,000 for its smallest home, 771 sq ft), 17% less.
Keys
Dec 2025
The developer's handover date. It has passed and may be out of date, so check the current one with the developer.
Payment plan
10 / 40 / 50
10% to book, 40% while it is built, 50% at the keys
Bedrooms
1 to 3 beds
Sizes
771 to 2,121 sq ft
Ownership
Freehold
Property types
Apartment
Registration fee
4% of the price
Paid to the Dubai Land Department
As of Nov 1, 2026. These details can change; confirm them with the developer before you book.
Dubai Land Department register
From price per sq ft
AED 1,232 per sq ft
Similar off-plan homes: AED 1,484 per sq ft
RERA project
2675
Check it in Dubai REST, the Dubai Land Department's official app.
Built
95%
Being built. DLD register, Nov 11, 2026
Completion on the register
May 2026
DLD shows only the current date. We have recorded it since Jun 12, 2026 and it hasn't moved.
Escrow account
بنك الإمارات دبي الوطني (ش.م.ع)
The bank that holds your payments
Registered homes
211
In 2 buildings
Dubai Land Department project register, as of Nov 11, 2026.
Paying for it
You pay 10% when you book, 40% as the building goes up, and 50% when you get the keys.
AED
When
Stage
Share
Amount
Paid by then
When you bookBooking · 10%
Booking
10%
AED 95,000+ AED 38,000 DLD fee
AED 133,000
As it is builtWhile it is built · 40%
While it is built
40%
AED 380,000
AED 513,000
At the keys (Dec 2025)Keys · 50%
Keys
50%
AED 475,000
AED 988,000
Booking payment, 10%
AED 95,000
Dubai Land Department fee (Oqood), 4%
AED 38,000
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 133,000
Total costPrice plus the DLD fee
AED 988,000
The handover date (Dec 2025) is too close or already past to estimate the dates. Ask the developer for its current schedule.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
A mortgage at the keys
Before you buy
Pay into the project's escrow account only.
This project's escrow account is at the bank named on the register above, watched by RERA. Pay into that account, never to a person.
Budget for the service charge.
Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. "Rent and yield" below gives the figure for this project.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
Is the price fair?
Dubai Land Department recorded 2,928 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Jumeirah Village Circle, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Too few similar homes in Terrazzo Residences sold in 24 months, so we compare with off-plan sales across Jumeirah Village Circle.
Dubai Land Department recorded 2,928 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Jumeirah Village Circle, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 1,484 per sq ft
AED 815 to AED 1,024 per sq ft
96 sales
AED 1,024 to AED 1,233 per sq ft
252 sales
This project's from price is in this band.
AED 1,233 to AED 1,441 per sq ft
875 sales
AED 1,441 to AED 1,650 per sq ft
1,099 sales
AED 1,650 to AED 1,859 per sq ft
427 sales
AED 1,859 to AED 2,068 per sq ft
122 sales
AED 2,068 to AED 2,276 per sq ft
49 sales
AED 2,276 to AED 2,485 per sq ft
8 sales
AED 815 per sq ftAED 2,485 per sq ft
This project AED 1,232 per sq ft
Half of the sales sold for AED 1,342 to AED 1,631 per sq ft
The median is the middle sale: half sold for less, half for more.
Show as tableShow as chart
Price per sq ft
Sales
AED 815 to AED 1,024 per sq ft
96
AED 1,024 to AED 1,233 per sq ft
252
AED 1,233 to AED 1,441 per sq ft
875
AED 1,441 to AED 1,650 per sq ft
1,099
AED 1,650 to AED 1,859 per sq ft
427
AED 1,859 to AED 2,068 per sq ft
122
AED 2,068 to AED 2,276 per sq ft
49
AED 2,276 to AED 2,485 per sq ft
8
The 3 closest sales
Picked from the 2,928 similar sales above, closest in size to this project's smallest home.
Oct 2026AED 990,518AED 1,285 per sq ftLUXOR TOWER BY IMTIAZ, 771 sq ft
May 2026AED 1,190,000AED 1,544 per sq ftLUXOR TOWER BY IMTIAZ, 771 sq ft
Mar 2026AED 1,175,000AED 1,524 per sq ftLUXOR TOWER BY IMTIAZ, 771 sq ft
Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Jumeirah Village Circle in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
1-bed apartmentFrom AED 950,000 here
Off-plan medianAED 1,159,000AED 1,497 per sq ft
Sales3,757
17% below 2,928 similar sales
2-bed apartment
Off-plan medianAED 1,702,000AED 1,377 per sq ft
Sales885
3-bed apartment
Off-plan medianAED 2,249,000AED 1,425 per sq ft
Sales90
Sales from Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from priceRent ÷ price
7.9%
Net yield at the from price(Rent − service charge) ÷ (price + DLD fee)
6.1%
Typical gross yield of similar ready homes
7.7%
Median rent of 1-bed apartments in Jumeirah Village Circle
AED 75,000 a year
Service charge a year, from the keysThe area median, AED 19 per sq ft from 5 buildings, as of 2023, for the smallest home (771 sq ft)
AED 14,649
Rent contracts counted
9,534
Rented between
Apr 1, 2025 and Mar 31, 2026
1-bed apartment
AED 75,000 a year
2-bed apartment
AED 110,000 a year
3-bed apartment
AED 145,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 75,000 ÷ AED 950,000 = 7.9%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
On your doorstep
Dubai Internet City Metro Station5.8 km, 15 min driveMetro station
JSS International School1.4 km, 3 min driveSchool
Nord Anglia International School1.4 km, 3 min driveBritish school
Circle Mall450 m, 7 min walkMall
American4.2 km, 8 min driveHospital
Dubai Internet City6.4 km, 18 min driveOffices
The Els Club, Dubai Sports City3.6 km, 10 min driveGolf
Terrazzo is a Taraf Properties DMCC project of two six-floor buildings in Jumeirah Village Circle, with 1- to 3-bedroom apartments from AED 950,000. The listed handover was December 2025, so it may be out of date; ask the developer for the current status and the completion certificate.
The listed handover was December 2025, so it may be out of date; ask the developer for the current status and the completion certificate. Also ask Taraf how the payment plan applies to a purchase made now.
On price, the from price per square foot of Terrazzo is 17% below 2,928 similar sales over the 12 months to November 2026, all one-bedroom sales in Jumeirah Village Circle that DLD lists. The comparison is with the whole area, so also compare the exact unit with similar homes nearby.
The listed plan is 10% on booking, 40% during construction and 50% on handover. At the from price that is AED 95,000, AED 380,000 and AED 475,000. The 4% Land Department fee is AED 38,000. The developer gives starting prices of AED 1,350,000 for two bedrooms and AED 2,100,000 for three.
Apartments range from 771 to 2,121 sq ft. Homes have at least one balcony or terrace, and the three-bedroom homes add a maid's room. The buildings are freehold. By our map, the HealthHub JVC healthcare centre is about 470 m away, JSS International School about 1.4 km and Nord Anglia International School about 1.4 km, each about 3 minutes by car by our estimate. The Els Club is about 3.6 km away (10 minutes) and Dubai Internet City Metro Station about 5.8 km (15 minutes).
