QUBE Development has announced the groundbreaking of its project, Arisha Terraces, in Dubai Studio City. The developer says that Phase 1 of the project is sold out and construction works have begun.
Arisha Terraces is set for completion in 2027 and will feature 414 residential units across four low-rise buildings. The project offers a range of studio, one-bedroom, and two-bedroom apartments. All apartments are fitted with Bosch appliances, integrated smart home systems featuring environmental sensors to promote energy efficiency, and balconies or terraces, with select apartments including pergolas for privacy and outdoor enjoyment.
Elio Badr, Sales Director at QUBE Development commented, “Breaking ground on Arisha Terraces is a proud moment for QUBE Development. It combines thoughtful design, modern amenities, and vibrant community spaces in the heart of Dubai Studio City. This unique offering helped make the selling out of Phase 1 of the development a reality. With high rental yields, increasing demand for affordable housing, and ongoing infrastructure improvements, the area presents strong potential for both short-term rental income and long-term capital appreciation.”
The project’s design is anchored around a central courtyard, offering spaces for social interaction and recreation. Additionally, the two-level community centre will feature a cinema, co-working spaces, a library and a shared kitchen.