Terrazzo Residences Building B

P3 — Under Development Off-Plan Primary
Developer Taraf Development L.L.C
Community Jumeirah Village Circle
Property type Apartment
Data updated Mar 02, 2026

Terrazzo Residences Building B is a Under Development development by Taraf Development L.L.C in Jumeirah Village Circle. 111 units across 1 Bedroom (61%), 2 Bedroom (22%), 3 Bedroom (16%). Over the trailing 12 months, 117 sales at a median of AED 1,838,000.

Key Metrics
Median Price
Value
AED 1,838,000
Change
29.2% YoY
Transactions
Value
117
Change
16 in period
Price / sqft
Value
AED 1,373
Handover Status
Value
P3
Change
Under Development
Median Price
AED 1,838,000
↑ 29.2% YoY
Transactions
117
↑ 16 in period
Price / sqft
AED 1,373
Handover
P3
Under Development
Investment Analytics
Capital Return
Value
19.7%
Community avg
Holding Period
Value
4.4 yrs
Community avg
Ready Market Mix
Value
7.4%
Community avg
Capital Return
19.7%
Community avg
Holding Period
4.4 yrs
Community avg
Ready Market Mix
7.4%
Community avg

Rental Performance

Unit Mix

By bedroom type
1 Bedroom 68 units · 61%
2 Bedroom 25 units · 22%
3 Bedroom 18 units · 16%

Transaction Breakdown

All time — 117 transactions
Off-Plan Primary
111
Off-Plan Secondary
6

Price History

Median Price — Terrazzo Residences Building B

Median prices in Terrazzo Residences Building B have declined significantly, down 42% to AED 1.1M over the past 7 months.

Recent Transactions

Showing last 10 of 117
Date Type Price (AED) Size (sqft) AED/sqft
Mar 02, 2026 OP Secondary 1,100,000 791 1,389
Nov 11, 2025 OP Secondary 1,135,000 797 1,423
Sep 30, 2025 OP Primary 2,411,000 1,759 1,370
Sep 10, 2025 OP Primary 2,351,000 1,712 1,373
Sep 10, 2025 OP Primary 1,274,000 793 1,605
Sep 04, 2025 OP Primary 2,303,000 1,710 1,346
Jul 30, 2025 OP Secondary 1,140,000 949 1,200
Jul 24, 2025 OP Secondary 1,165,000 771 1,510
Jul 01, 2025 OP Primary 2,291,000 1,710 1,339
Jun 20, 2025 OP Secondary 1,120,000 791 1,414

This project is in Jumeirah Village Circle

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