The Terraces Meydan property management

The Terraces Meydan property management. DET-licensed, end-to-end.

Full-service property management for The Terraces Meydan owners. Listings across Booking.com, Airbnb, Expedia and Rovostays. DET holiday-home permit, dynamic pricing, 24/7 guest concierge and AED payouts by the 7th of the month.

See The Terraces Meydan earnings

Meydan

Building

the OA

Developer

6 days

Onboarding

20%

Commission

The Terraces Meydan owners

On all channels in 6 days

Booking.com · Airbnb · Expedia · Rovostays
DET permit, OA NOC, DEWA — we file it
AED payout to your IBAN by the 7th

Already with us? Sign in to your owner dashboard

About The Terraces Meydan

Meydan. Various developers.

Address: Sobha Hartland - Al Merkadh - Nad Al Sheba 1 - Dubai
Google rating: ★ 4.5 (59)

The Terraces Meydan is a residential building in Meydan, Dubai. Address: Sobha Hartland - Al Merkadh - Nad Al Sheba 1 - Dubai. Google rates it 4.5 from 59 reviews. Short-let demand in Meydan is anchored by Meydan Racecourse + Grandstand and Azizi Riviera + Canal Walk — use the earnings calculator below to estimate what your The Terraces Meydan unit could net per month, or book a free 10-minute call for a building-specific number.

Walk-distance

Meydan Racecourse + Grandstand
Azizi Riviera + Canal Walk
Downtown Dubai (8-minute drive)
Dubai Festival City (10-minute drive)
Dubai International Airport (12-minute drive)

Why short-let from The Terraces Meydan

What makes this building work.

01
Dubai World Cup week (March) produces the highest weekly ADR spike of any Dubai short-let cluster — sub-5-minute walk to the Grandstand commands 3–5× normal rate-card.
02
Canal-facing inventory at Azizi Riviera matches Business Bay's view-premium at 30% lower per-sqft entry cost.
03
Brand-new (2020+) building stock at Riviera means contemporary layouts and zero deferred-maintenance discount in the rate card.
04
8-minute Downtown drive opens up the Downtown-overflow audience when Downtown inventory is rate-pricing high.

The Terraces Meydan earnings

Estimate what your The Terraces Meydan unit could earn.

The Terraces Meydan sits in Meydan, where short-let apartments typically operate in the range our calculator below uses as a starting point. Your real number depends on unit type, view, floor and furnishing — slide the inputs to match your unit, or book a free 10-minute call for a building-specific estimate from an advisor who’ll pull comparable inventory in Meydan.

Owner Earnings Calculator

How much could your apartment earn?

We blend long-term rent comparables with 3-star hotel pricing in your city to estimate your serviced-apartment income — net of all operating costs.

Free tool · 30 seconds

City

Property type

Building age

Distance from city centre

Current monthly rent (AED)

AED/ month

≈ AED 26,667 / year

Calculator estimates are based on the deductions in our owner FAQ (channel commission, Tourism Dirham, cleaning and our 20% operator fee). They are illustrative — they do not reflect actual operating data from The Terraces Meydan units.

What we manage

End-to-end. You hand us the keys.

Photography & listing

Hotel-grade photoshoot, copy, and listing on Booking.com, Airbnb, Expedia, and Rovostays. Re-shot annually so the listing never goes stale.

Dynamic pricing

Daily revenue-management. ADR retunes against event calendars (Expo, GITEX, Art Dubai, F1), length-of-stay rules and channel mix. Targeting top-quartile RevPAR for your tower.

24/7 guest concierge

Multilingual front-of-house, airport pickups, in-stay support. Guests get a building-specific welcome packet so the doormen and security teams aren't surprised.

Housekeeping & linen

Pre-arrival deep clean and per-stay turnovers by a single dedicated team. Hotel-grade linen and toiletries replaced on a fixed schedule, not on demand.

Maintenance & inventory

Quarterly audits, on-call handyman, snagging escalation with the developer if needed. Inventory replacements approved against a per-line spending threshold.

Compliance & payouts

DET holiday-home permit held by Rovostays. Tourism Dirham collected and remitted, VAT handled, AED bank payout to your IBAN by the 7th.

Onboarding

Six days from first call to first booking.

Day 0–1
Site visit, inventory & NOC kickoff
We walk the unit at The Terraces Meydan, list inventory, and start the OA NOC with the OA Community Management. Permit unit-registration filed with DET the same week.
Day 2–4
Snagging, photoshoot & listing copy
Any snagging escalated to the developer warranty desk. Hotel-grade photoshoot. Listing copy and house rules drafted in English and Arabic.
Day 5–6
Channels live, first bookings
Listing live on Booking.com, Airbnb, Expedia and Rovostays. First bookings typically land 24–72 hours after going live.

DET holiday-home licensed

Operator permit from Dubai Department of Economy and Tourism. Your unit is added under our permit.

30-day exit, no tie-in

12-month rolling agreement with 30 days' notice from either side after month six. No penalty.

Your apartment, still yours

Block dates for family stays, snagging, or your own visits from the owner dashboard. One-tap calendar control across all channels.

Frequently asked

The Terraces Meydan owner FAQ

Do I need a DET holiday home permit before listing my The Terraces Meydan apartment with you?: No. Rovostays holds an operator permit from Dubai Department of Economy and Tourism (DET, formerly DTCM). Your unit gets added under our permit. Short-let permitted under DET holiday-home rules. Azizi-developed buildings (the Riviera blocks) have a standardised 10–15 working day NOC workflow; Meydan Group-managed villa clusters are case-by-case.
What can my The Terraces Meydan apartment earn per month?: It depends on your unit type, view, floor and furnishing standard. Use the earnings calculator on this page for a quick estimate based on Meydan market averages, or book a free 10-minute call and we'll give you a building-specific range after pulling comparable inventory.
What's the contract length and exit?: 12 months rolling, with 30 days' notice from either side after the first six months. No tie-in penalty. You can block dates for your own use at any time from the owner dashboard.
How are payouts handled — AED, GBP, EUR?: Default payout is AED to a UAE IBAN by the 7th of the following month, with the full guest-night breakdown, occupancy and channel mix. International payouts (GBP, EUR, USD, INR) available on request at interbank FX with no markup.
What's the operator commission?: 20% of net booking revenue (after channel commissions and Tourism Dirham). No setup fee, no listing fee, no markup on cleaning. The earnings figures above are your net after our commission and platform fees.
Is rental income in Dubai taxable?: There is no personal income tax in the UAE on rental income for individual owners. Corporate Tax (9%) applies only to UAE-incorporated entities above the AED 375,000 profit threshold. We pass through your annual statement in the format your home-country accountant needs.
Does The Terraces Meydan allow short-let?: Short-let permitted under DET holiday-home rules. Azizi-developed buildings (the Riviera blocks) have a standardised 10–15 working day NOC workflow; Meydan Group-managed villa clusters are case-by-case.
What's the onboarding timeline?: Six days from first call to first booking. Day 0–1: site visit, inventory, NOC kickoff. Day 2–4: snagging, photoshoot, listing copy. Day 5–6: live on Booking.com, Airbnb, Expedia and Rovostays. First bookings typically land 24–72 hours after going live.