Timber Terrace
Dubai South, Dubai · Vakson First Property Development
Price from AED 1,091,000
Project facts
- Developer
- Vakson First Property Development
- District
- Dubai South
- Emirate
- Dubai
- Status
- Under construction
- Handover
- Q3 2027
- Price per m²
- AED 12,392
- Units
- 77
- Floors
- 7
- Project area
- 8,511 m²
- Project type
- Residential building
- Ownership
- Freehold
- Escrow account
- United Bank Limited (Management Office)
- Service charge
- 129 AED per m² per year
Floor plans and prices
| Type | Available | Area | Price |
|---|---|---|---|
| 1 bedroom | 1 | 85 m² (914+ sq ft) | AED 1,091,000 |
| 2 bedrooms | 13 | 105–131 m² (1,128+ sq ft) | AED 1,389,000 – AED 1,748,000 |
| 3 bedrooms | 3 | 154 m² (1,654+ sq ft) | AED 2,038,000 – AED 2,140,000 |
Developer payment plan
- 20%on booking
- 30%during construction
- 50%on handover
On top of the price: DLD fee 4%
About the project
Timber Terrace is a new-build residential project in Dubai South, Dubai, developed by Vakson First Property Development and under construction with handover in Q3 2027. The building will have 7 floors and 77 units. Homes are freehold.
Apartments and Sizes
The project includes 1 bedroom apartments from 84.91 m², 2 bedroom apartments from 104.79 m² to 130.81 m², and 3 bedroom apartments from 153.66 m². Prices start at 1,091,000 AED for a 1 bedroom, 1,389,000 AED for a 2 bedroom and 2,038,000 AED for a 3 bedroom. The price per m² is 12,392 AED.
Payment Plan and Service Charge
A 20% payment is due on booking, 30% during construction and 50% on handover. The service charge is 129.17 AED per m² a year.
Amenities
The building will include a children's play area, a swimming pool, a gym, a lobby and a padel court.
Amenities
- Kids' play area
- Pool
- Gym
- Lobby
- Padel court
Location
Dubai South, Dubai. Open on the map
Questions and answers
How much does a home in Timber Terrace cost?
Prices start from AED 1,091,000.
When is the handover of Timber Terrace?
The planned handover date is Q3 2027.
Who is the developer of Timber Terrace?
The project is developed by Vakson First Property Development.
What is the payment plan for Timber Terrace?
20% on booking · 30% during construction · 50% on handover.
Where is Timber Terrace located?
Dubai South, Dubai.
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