Terrazzo Residences

1. Is it on schedule?59% built in July 2026, 2 months past its registered May 2026 handover · DLD project register, Jul 202659%Context
2. Is my money protected?Payments go to an escrow account at بنك الإمارات دبي الوطني (ش.م.ع), as registered with the Land DepartmentEscrowContext
3. Is the price fair?AED 1,407/sqft, 10.7% below the Jumeirah Village Circle off-plan median across 154 projects-10.7%Context
4. Is it selling?6 off-plan sales registered in the last 12 months, of 203 units; the latest on 1 Sept 20266Context
5. Who is building it?Taraf, licence no. 1549Context

Sizes run from the 10th to the 90th percentile of registered floor area, so one mislabelled unit cannot set the range. A title is issued at handover: a live project shows few or none however many units have sold, and an untitled unit is not necessarily for sale.

Escrow agent

بنك الإمارات دبي الوطني (ش.م.ع)

Developer, as licensed

TARAF DEVELOPMENT L.L.C (no. 1549)

Master developer

Jumeirah Village

Registered start

November 2023

Configuration

Residential building - Building A (G+5+R) Building B (G+5+R) with retail @ GF and landscaping @ first floor

Construction progress is the percentage DLD recorded in its project register as of July 2026, the latest DLD record for this project; the register lags DLD’s inspections by months, so it is dated separately. The developer is the company licensed to build it, by the register’s own licence number; the master developer owns the land under it and is often another company entirely. Off-plan price is the median of registered off-plan sales across this project’s published buildings, 12 months to 12 Oct 2026.

When will Terrazzo Residences be completed?

The developer registered handover for May 2026; that date has passed with no completion recorded, 2 months on, and the project was 59% built as of July 2026. A registered date is the developer’s own, not a delivery forecast. Dubai Land Department project register as of July 2026.

What does Terrazzo Residences cost per square foot?

AED 1,407 per sqft, the median of 6 registered off-plan sales in the 12 months to 12 Oct 2026; the median unit sold for AED 1.16M. That is 10.7% below the Jumeirah Village Circle off-plan median across 154 projects.

Is Terrazzo Residences in escrow?

Yes: the Land Department register names بنك الإمارات دبي الوطني (ش.م.ع) as the project’s escrow agent, the bank that holds buyers’ payments for the developer. Dubai Land Department project register as of July 2026.

Who is the developer of Terrazzo Residences?

TARAF DEVELOPMENT L.L.C, licence no. 1549, by the register’s own licence number; the master developer that owns the land is Jumeirah Village. Dubai Land Department project register as of July 2026.

How many units does Terrazzo Residences have?

203 registered units, of which 0 have a title issued. A title is issued at handover, so a live project shows few or none however many units have sold. Dubai Land Department project register as of July 2026.