Jura Terraces

Jura Terraces is an off-plan residential development by Majid Developments in Wadi Al Safa 5, within Dubailand Residence Complex. The design takes its cue from elevated plateaus and the contoured landscape of the Jura Mountains, translating that into terraced massing and layered outdoor space. Studios, one-bedroom and two-bedroom apartments span 406 to 1,520 sq ft, with pricing from AED 596,000 and completion scheduled for 30 June 2029. Two payment structures are offered, including a monthly instalment plan that extends 40 months beyond handover.

The distinguishing feature is the payment structure. The monthly plan requires 20% at booking, then 1% per month across 30 months of construction, with 50% spread over 40 monthly instalments of 1.25% after handover. That means only half the purchase price is committed before the buyer takes possession, and the remainder is paid while the asset can generate rent. On a AED 596,000 studio that post-handover instalment is roughly AED 7,450 monthly against typical DLRC studio rent of around AED 3,750 monthly, so income offsets rather than covers the obligation. DLRC gross yields have historically run 6.5% to 7.5%, and entry below AED 600,000 keeps the project in one of Dubai's more efficient risk-return brackets. The risks to underwrite are developer delivery record, a Q2 2029 completion that is nearly three years out, and the fact that DLRC has a heavy competing pipeline with 19 projects currently planned and 106 buildings at various stages of construction in the same community.