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Terraces Marasi Drive construction progress

Terraces Marasi Drive in Business Bay is 100% built according to the Land Department. Developer Key Mavens For Real Estate Development.

100%

Built, as listed in the Land Department register

Construction complete

Developer
Key Mavens For Real Estate Development
Community
Business Bay
Name in Arabic
تيراسيس مراسي درايف
Land Department project number
2568

Schedule

The Dubai Land Department records Terraces Marasi Drive as 100% built. Handover of individual units follows on the developer's schedule, which the register does not show.

Context

Business Bay has 43 projects under construction, 35% built on average.

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Construction is done, and the work starts: snagging, handover papers, rent and what the unit is worth today. Mulki keeps it in one private app.

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Questions

When will Terraces Marasi Drive be completed?
The Land Department has no completion date on record for Terraces Marasi Drive yet.
How much of Terraces Marasi Drive is built?
The Land Department lists the project at 100%. No dated site inspection is on record for it yet.
Is Terraces Marasi Drive delayed?
The Land Department records construction as complete.
Who is building Terraces Marasi Drive?
The registered developer is Key Mavens For Real Estate Development.

Progress, dates, developer, units and escrow bank come from the Dubai Land Department’s Mashrooi register, read daily. The pace and the projected finish are Mulki’s own arithmetic on the last year of Land Department inspections, not a forecast from the developer. Site photos belong to the Dubai Land Department. See how Mulki works with Land Department data.