TERRACES MARASI DRIVE
ResaleCommunityBusiness Bay
AreaBusiness Bay
Started
3 years 10 months ago01-03-2022
Handover
1 year 7 months ago01-06-2024
Status
CompleteFinished
Project Description
G+3P+19F+R
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+3%
GrowthCurrent:AED 2,014/sqft
Last 12M:AED 1,955/sqft
Momentum: Last 12Mvs Prior Year
Stable+1%
GrowthLast 12M:AED 1,955/sqft
Prior Year:AED 1,941/sqft
Community Compare: Last 90DBusiness Bay
Discount-24%
Below AvgProject:AED 2,014/sqft
Community:AED 2,648/sqft
Liquidity: Last 12MExit Speed
Moderate14%Turnover
18Sold (Last 12M)
Supply & Demand Matrix
TERRACES MARASI DRIVE averaged 14% liquidity over the last 12 months, which is considered moderate. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.
Type
Absorption (L12M)
Velocity
1 Bedroom
71 units
10 sold61 left
14%
Velocity
2 Bedrooms
46 units
8 sold38 left
17%
Velocity
3 Bedrooms
3 units
0 sold3 left
0%
Velocity
4 Bedrooms
1 units
0 sold1 left
0%
Velocity
Shop
4 units
0 sold4 left
0%
Velocity
Layouts & Units (125)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 2-18 | Inventory 71units 56 layouts · Typically 1 parking 20-54 sqm balcony | Size Range 974-1,577sqft | Price Range AED 1.9M - AED 3.1M | Avg PSF 1,670 | Sales 11 | Trend — | |
Asset Class 2 Bed FlatFloors 2-18 | Inventory 46units 26 layouts · Typically 1.2 parking 9-82 sqm balcony | Size Range 810-2,521sqft | Price Range AED 2.4M - AED 5.7M | Avg PSF 2,128 | Sales 11 | Trend — | |
Asset Class 3 Bed FlatFloors 3-13 | Inventory 3units 3 layouts · Typically 2 parking 102-103 sqm balcony | Size Range 3,859-3,898sqft | Price Range — | Avg PSF 1,979 | Sales 0 | Trend — | |
Asset Class 4 Bed FlatFloor 19 | Inventory 1units Typically 2 parking ~608 sqm balcony | Size Range 13,053-13,053sqft | Price Range — | Avg PSF — | Sales 0 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 33,128-33,128sqft | Price Range AED 45.0M - AED 45.0M | Avg PSF 1,358 | Sales 1 | Trend — | |
Asset Class ShopPodium | Inventory 4units 4 layouts · Typically 0.3 parking | Size Range 347-1,271sqft | Price Range — | Avg PSF 4,013 | Sales 0 | Trend — |
Grouped into 6 asset classes covering 125 units