Terraces Marasi Drive
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Terraces Marasi Drive is a completed apartment development by KEY MAVENS FOR REAL ESTATE DEVELOPMENT L.L.C in Business Bay, comprising 128 registered units. 155 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,818 per sqft. At AED 1,818 per sqft, Terraces Marasi Drive prices 25% below the Business Bay average of AED 2,432 per sqft on registered sales.
Units
Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.
| Type | Units | PIX© Price | PIX© PSF | PSF YoY | Trend | PIX© Rent /yr | Yield |
|---|---|---|---|---|---|---|---|
PIX© Core Project-Wide 44 – 13,053 sqft | 128 | 3.07M | 1,818 | ↓6.5% | 180K | 5.9% | |
| Residential | |||||||
1 Bed · Apartment 974 – 1,573 sqft | 71 | ||||||
2 Bed · Apartment 1,134 – 2,521 sqft | 46 | ||||||
3 Bed · Apartment 3,859 – 3,896 sqft | 3 | — | — | — | — | — | |
4 Bed · Apartment 13,053 sqft | 1 | — | — | — | |||
| Commercial | |||||||
Shop 347 – 1,271 sqft | 4 | — | |||||
Store 44 – 91 sqft | 3 | — | — | — | — | — | — |
| Date | Unit | Position | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|---|
| 17 Jun 2026 | 1 Bed | Floor 5 | 1,105 | 1,750,000 | 1,583 | +1.7% | Standard | Standard Sale |
| 29 Apr 2026 | 2 Bed | Floor 5 | 2,139 | 5,100,100 | 2,384 | 0.0% | Standard | Standard Sale |
| 7 Apr 2026 | 1 Bed | Floor 17 | 1,226 | 1,896,000 | 1,546 | -2.3% | Standard | Standard Sale |
| Start Date | Position | Size | Rent / Yr | Rent PSF | vs Prior Rent | Tier | Type |
|---|---|---|---|---|---|---|---|
| 12 Aug 2026 | Floor 15 | 1,052 | 100,000 | 95 | -23.1% | Entry Level | new |
| 7 Aug 2026 | Floor 9 | 1,267 | 149,795 | 118 | — | Standard | new |
| 7 Aug 2026 | Floor 5 | 1,085 | 118,378 | 109 | -13.0% | Standard | renewal |
Comparables
How this project prices against its peers, ranked by PIX© price per square foot.
Comparable projects in Business Bay
The closest-priced registered projects in Business Bay.
Common questions about Terraces Marasi Drive
Answered from Dubai Land Department registered transactions.
How much does a property in Terraces Marasi Drive cost?
Property in Terraces Marasi Drive sells at a current PIX© price of AED 1,818 per sqft, or about AED 3,071,104 for a typical unit, based on 155 sales registered with the Dubai Land Department.
Is Terraces Marasi Drive completed?
Yes. Terraces Marasi Drive is recorded as completed in the Dubai Land Department project register (completed q2 2024).
Who is the developer of Terraces Marasi Drive?
Terraces Marasi Drive is developed by KEY MAVENS FOR REAL ESTATE DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.
What is the rental yield in Terraces Marasi Drive?
Terraces Marasi Drive yields 5.9% gross, calculated from current PIX© rent against current PIX© sale price, across 95 registered Ejari contracts.
How many units are in Terraces Marasi Drive?
Terraces Marasi Drive holds 128 registered units, per the Dubai Land Department unit register.
Have prices in Terraces Marasi Drive gone up or down?
Price per sqft has fallen -6.5% over the last 12 months, to AED 1,818, across 155 registered sales.