Marina Terrace is being built as one of the many freehold towers located at the Dubai Marina, which is opposite to the Jumeirah Lake Towers and next to the American University of Dubai. It will be situated on the northern shore of the Dubai Marina, next to the Grosvenor and Marina Diamond 3.

Marina Terrace is Damac Properties' first freehold development and it will rise 183 meters (600 feet) over an area of 500,000 square feet (46,451 square meter). The 40-storey residential apartment building will have a 5-storey podium that will contain commercial office space and parking facilities. 33 residential apartment floors will be situated above the podium, with a total of 200 one, two and three bedroom apartments, which include the 4 duplex and 2 penthouse units.

Amenities at Marina Terrace will include swimming pools for adults and children, jacuzzi, tennis court and barbeque area that will be located on top of the shaded podium deck.

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