PropertyIndex

Terraces Marasi Drive

Completed · Q2 2024|128 units · 1 tower

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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.

PIX© price · 6.5% YoY
3.07MAED
Typical
1,818AED
PSF
Gross yield
5.9%
PIX© rent ÷ PIX© price
Sale records
155
DLD · all time
Rent contracts
95
Ejari · all time
Terraces Marasi Drive

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
44 – 13,053 sqft
1283.07M1,8186.5%180K5.9%
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
Sales — Project-Wide155 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
17 Jun 20261 BedFloor 51,1051,750,0001,583+1.7%StandardStandard Sale
29 Apr 20262 BedFloor 52,1395,100,1002,3840.0%StandardStandard Sale
7 Apr 20261 BedFloor 171,2261,896,0001,546-2.3%StandardStandard Sale
Rentals — Project-Wide95 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DatePositionSizeRent / YrRent PSFvs Prior RentTierType
12 Aug 2026Floor 151,052100,00095-23.1%Entry Levelnew
7 Aug 2026Floor 91,267149,795118Standardnew
7 Aug 2026Floor 51,085118,378109-13.0%Standardrenewal

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.