Vida Residences +117%: what the Dubai Marina project statistics actually show
The largest developer’s return to Dubai Marina prompted a look at its earlier projects there. The valuable number in that statistic is not the growth percentage.
Marina Terrace
Dubai Marina · Damac Properties
Project factsheet
Storeys 38
Height 183 m
Developer Damac Properties
Status Completed
Completed 2006
District Dubai Marina
About the building
38-storey residential building in Dubai Marina, completed in 2006. Developer — Damac Properties. Architect — HOK Canada, Inc. и Norr Group Consultants International Ltd.
Specifications for Marina Terrace per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.
About the project
Marina Terrace is a 38-storey residential building in Dubai Marina, completed in 2006.
The developer is Damac Properties. The architecture is by HOK Canada, Inc. и Norr Group Consultants International Ltd.
Height — 183 metres.
There is not a single lot in this project in the database right now — it is refreshed every night, and listings here appear and go.
Thirty-eight storeys by Damac, handed over in 2006 in Dubai Marina. Designed jointly by Canada's HOK and Norr — a rare case in the district of two firms working on one building.
What it is
Marina Terrace is a 38-storey residential tower by Damac Properties, completed in 2006. The architecture is a joint work by HOK Canada and Norr Group.
It's one of Damac's earliest projects in Marina. The developer later built Ocean Heights, at 83 storeys, and Damac Heights, at 86, in the same district — so Marina Terrace shows where the company started here.
The 2006 generation
The tower belongs to the district's first development wave and sits mid-height within its generation.
| Tower | Storeys | Handover | Residences | Architect |
|---|---|---|---|---|
| Marina Heights | 55 | 2006 | — | RMJM Dubai |
| Marina Crown | 52 | 2006 | — | Artec |
| Le Rêve | 50 | 2006 | — | WS Atkins |
| Horizon Tower | 45 | 2006 | 162 | Arenco |
| Marina Terrace | 38 | 2006 | — | HOK Canada, Norr |
| Marina Tower | 33 | 2006 | 202 | Dubarch |
| Al Habtoor Tower | 32 | 2007 | 158 | Khatib & Alami |
| Marina Sail | 24 | 2007 | 164 | Khatib & Alami |
| The Jewels | 21 | 2007 | 122 | RMJM Dubai |
| Yacht Bay | 18 | 2007 | 174 | Khatib & Alami |
Per propsearch building records. A dash means the residence count is not listed.
Early Damac and late Damac
Comparing three buildings by the same developer in the same district is a useful way to understand what you're buying. Marina Terrace, from 2006 at 38 storeys, Ocean Heights, from 2010 at 83, and Damac Heights, from 2018 at 86, stand near each other and differ in more than height.
The early buildings were built for living in; the later ones were built for investment turnover, with a larger share of compact lots. That shapes both who the neighbours are and how fast an apartment sells when it's time to exit.
Thirty-eight storeys in today's Marina is an average height — the district's median is lower than the skyline photos suggest.
propsearch building record: 38 storeys, handed over 2006, developer Damac Properties, architects HOK Canada and Norr Group. The comparison with Ocean Heights and Damac Heights, and the 2006–2007 generation table, are drawn from Dubai Marina tower records.
Where it is
Nothing in the stock for this project right now
The stock refreshes every night, and lots here appear and go. Message me — I will check the closed bases and suggest the nearest alternatives in Dubai Marina.
Ask about this projectFrequently asked about Marina Terrace
Who is the developer of Marina Terrace?
Damac Properties. The architecture is by HOK Canada, Inc. и Norr Group Consultants International Ltd.
How many floors does Marina Terrace have?
38. The building has 183 m tall.
Has Marina Terrace been handed over?
Handed over: 2006. The property is complete, so after the deal you can move in or put it on the rental market at once.
Where is Marina Terrace?
Dubai Marina. The original high-rise waterfront: a dense forest of towers around a man-made marina, and still the busiest rental market in the city.
How much does an apartment in Marina Terrace cost?
No open lots for the building today. I will check the price of the layout you are after in the closed databases and send it with every cost of the deal worked out.
In the news
What has been written about the building, its developer and Dubai Marina
Dubai Marina: five of the ten tallest residential buildings in the world
A district designed from nothing on a Vancouver waterfront model, built between 2003 and 2008. The numbers behind it, and what a fully man-made location tells you about how value is created in Dubai.
Orra Real Estate Development: JLT or the Marina, two districts a road apart
A developer with buildings on both sides of Sheikh Zayed Road. The two districts look interchangeable on a map and behave differently — here is what the price gap actually buys.
Halcon Real Estate: how to spot a building where nobody is in charge
A Dubai Marina tower from 2011. In buildings owned mostly by absent investors, decisions stop being made — and the symptoms are visible in an afternoon if you know them.
Condor Group: buying a just-finished flat from someone who never lived in it
A Dubai Marina tower completed in 2023. Much of the stock in a newly delivered building is sold on by off-plan investors — and buying from one is its own transaction.
Scope Investment: a 2022 tower, and the first wave of resales
A Dubai Marina tower completed a few years ago. Buildings at this age go through a predictable event that shapes their prices — and it is a buying opportunity if you can see it.
ABA Real Estate Development: building on the last plots of a finished district
A tall branded tower under construction in Dubai Marina. Infill development in a built-out district has a particular economics — for the buyer and for the neighbours.
ETA Star: an engineering group that built apartments
The property arm of a large regional engineering and contracting group, with towers in the Marina and on the Palm. What an engineering parent means in a delivered building.
32Group: how to value a Marina tower nobody has heard of
A smaller developer with a mid-2000s Dubai Marina building. Most towers are not landmarks, and valuing an ordinary one is a different exercise — here is how it works.
Where this project stands today
Message me for the free layouts in Marina Terrace, the real entry price and what owners and tenants say — not the brochure copy.
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