Project · Dubai property data · records to 2026-10-02

Terraces Marasi Drive property prices & sales

Business Bay · Business Bay · Key Mavens For Real Estate Development L.L.C · Nearest metro: Buj Khalifa Dubai Mall Metro Station
AED 1,985Median price per sq ft (12m)
+3.2% YoY
17Sales last 12 months
-39.3% YoY
AED 4.50MMedian sale price (12m)
AED 150,000Median annual rent (12m)
3.3%Gross yield (indicative)
0.0%Off-plan share (12m)

Terraces Marasi Drive at a glance written from registered records

Terraces Marasi Drive recorded 17 registered sales in the last 12 months, worth AED 78.25M in total. The median price was AED 1,985 per sq ft, up 3.2% on the previous 12 months, and the median sale price was AED 4.50M. 0.0% of these sales were off-plan and 100.0% were ready properties. Across 48 rental contracts registered in the same period, the median annual rent was AED 150,000, an indicative gross yield of 3.3%.

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Median price per sq ft by year registered sales

YearSalesMedian AED/sq ftMedian price
2026142,015AED 4.31M
2025261,975AED 3.02M
2024601,807AED 2.48M
2023551,675AED 2.00M

Prices by bedroom last 24 months · entry = lower quarter, premium = upper quarter

TypeSalesEntryTypicalPremiumAED/sq ftTypical size
2 B/R25AED 3.38MAED 5.00MAED 5.34M2,1812,142 sq ft
1 B/R18AED 1.93MAED 2.10MAED 2.26M1,7751,149 sq ft

Who's buying last 12 months

Off‑plan 0.0%Ready 100.0%
Cash 58.8%Mortgage 41.2%

Cash vs mortgage is indicative: new mortgage registrations compared with sales in the same period.

Latest registered sales

DateTypeBedsBuildingSq ftPriceAED/sq ft
2026-06-17Unit1 B/RTerraces Marasi Drive1,105AED 1,750,0001,583
2026-04-29Unit2 B/RTerraces Marasi Drive2,139AED 5,100,1002,384
2026-04-08Unit2 B/RTerraces Marasi Drive2,312AED 3,579,5591,548
2026-04-08Unit1 B/RTerraces Marasi Drive1,226AED 1,896,0001,546
2026-04-06Unit2 B/RTerraces Marasi Drive567AED 947,3551,670
2026-03-27Unit4 B/RTerraces Marasi Drive13,053AED 18,000,0001,379

The full report lists every registered sale, with filters by bedroom and date. Open it free.

Questions about Terraces Marasi Drive

What is the average price per sq ft in Terraces Marasi Drive?

Over the last 12 months the median registered sale price in Terraces Marasi Drive was AED 1,985 per sq ft (+3.2% year on year).

What is the rental yield in Terraces Marasi Drive?

Comparing the median annual rent (AED 150,000) with the median sale price (AED 4,500,000) over the last 12 months gives an indicative gross yield of 3.3%.

How many properties sold in Terraces Marasi Drive in the last 12 months?

17 sales were registered in the last 12 months, 0.0% of them off-plan.

What is the average rent in Terraces Marasi Drive?

The median annual rent across 48 contracts registered in the last 12 months was AED 150,000.

Comparables in Business Bay 12m

Terraces Marasi Drive ranks #77 of 130 by price per sq ft.

ProjectSalesAED/sq ft
Lumena Alta by Omniyat1476,131
HQ by ROVE3294,674
burj capital1403,661
Avarra by Palace1553,490
Binghatti Skyrise3922,938
One by Binghatti2082,938
Peninsula Three1692,654
Binghatti Aquarise5772,625
Peninsula Four2122,515
Tiger Sky Tower1712,394
Binghatti Skyhall2282,364
Terraces Marasi Drive171,985
Damac Towers By Paramount1511,489

Project record

DeveloperKey Mavens For Real Estate Development L.L.C
StatusFinished
Completion100%
Handover2024-06-01
Units125

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Data sourced from the Dubai Open Data portal (data.dubai) under the Dubai Open Data Licence; originating entity: Dubai Land Department. GetYaData is an independent service and is not affiliated with, endorsed by or associated with the Dubai Land Department or the Government of Dubai. Figures are indicative — not a valuation.