KEY MAVENS FOR REAL ESTATE DEVELOPMENT L.L.C

Terraces Marasi Drive

Completed|128 units · 1 tower

Terraces Marasi Drive is a completed 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 1,677 per sqft. At AED 1,677 per sqft, Terraces Marasi Drive prices 14% above the Business Bay median of AED 1,476 per sqft on registered sales.

PIX© price · ↓14.2% YoY

2.65MAED

Typical

1,677AED

PSF

Gross yield

6.6%

PIX© rent ÷ PIX© price

Sale records

155

DLD · all time

Rent contracts

Ejari · all time

SATELLITE

LocationBusiness Bay

Drive times · typical

Downtown Dubai9 min · 4.4 km

DXB Airport16 min · 18.2 km

DIFC16 min · 8.1 km

Dubai Marina22 min · 21.6 km

Palm Jumeirah23 min · 23.9 km

Nearest · straight-line

Metro stationBurj Khalifa/ Dubai Mall Metro Station2.4 km

MallSouq Al Muskaan0.5 km

SchoolCreative Kids Early Learning Centre0.3 km

HospitalRB0.4 km

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Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor

Units on floor 5

…

2 Bed on Floor 5, Terraces Marasi Drive

Size
Record: Mar 2024 to Apr 2026
Owners: 3
Tenants: 4
Price change
Yield on cost

Sale price by owner

Party	Date	Held	Note
3Owner 3	29 Apr 2026	5 mo	Current owner Sold with tenant in place
4Tenant 4	1 Apr 2025		Owner 2
3Tenant 3	1 Apr 2025		Owner 2
1Tenant 1	1 Apr 2025		Owner 2 · Registered twice
2Owner 2	13 Mar 2025	14 mo
1Owner 1	19 Mar 2024	12 mo

PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

2 Bed · Floor 5 · Terraces Marasi Drive

Nightly rateAED

Occupancy (237 nights)

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Terraces Marasi Drive1,677AED/sqft · project-wide

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	2.65M	1,677	↓14.2%		174K	6.6%
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			-		-	-
Warehouse 44 - 91 sqft	3	-	-	-	-	-	-

Sales - Project-Wide155 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
17 Jun 2026	1 Bed	Terraces Marasi Drive · Floor 5	1,105	1,750,000	1,583	+1.7%	Standard	Standard Sale
29 Apr 2026	2 Bed	Terraces Marasi Drive · Floor 5	2,139	5,100,100	2,384	0.0%	Standard	Standard Sale
7 Apr 2026	1 Bed	Terraces Marasi Drive · Floor 17	1,226	1,896,000	1,546	-2.3%	Standard	Standard Sale

Rentals - Project-Wide84 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
15 Sep 2026	1 Bed	Terraces Marasi Drive · Floor 10	1,300	105,000	81	-	Entry Level	CERTIFICATE
10 Sep 2026	1 Bed	Terraces Marasi Drive · Floor 17	1,226	125,000	102	-	Standard	CONTRACT
5 Sep 2026	1 Bed	Terraces Marasi Drive · Floor 4	1,193	110,000	92	-	Standard	CERTIFICATE

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare

This project

Terraces Marasi Drive

Compared with

Meera

PIX© PSF

1,981

Rank

#4 of 26

#3 of 26

Typical price

4.14M

Yield

4.9%

Units

128

394

Sales

Rents

1,007

Developer

KEY MAVENS FOR REAL ESTATE DEVELOPMENT L.L.C

AL HABTOOR CITY REAL ESTATE DEVELOPMENT (BR. OF DUBAI NATIONAL INVESTMENT CO L.L.C)

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	The Sterling East OP 17 LIMITED · Completed	231					76	215
	Paramount Tower Hotel & Residences DAMAC · Completed	881					260	1,110
	Meera AL HABTOOR CITY REAL ESTATE DEVELOPMENT (BR. OF DUBAI NATIONAL INVESTMENT CO L.L.C) · Completed	394					94	1,007
4	Terraces Marasi Drive KEY MAVENS FOR REAL ESTATE DEVELOPMENT L.L.C · Completed	128	1,981	Subject	4.14M	4.9%	34	84
	The Sterling West OMNIYAT PROPERTIES SEVENTEEN LIMITED · Completed	196					96	181
	Amna AL HABTOOR CITY REAL ESTATE DEVELOPMENT (BR. OF DUBAI NATIONAL INVESTMENT CO L.L.C) · Completed	562					154	999
	Noura Tower AL HABTOOR CITY REAL ESTATE DEVELOPMENT (BR. OF DUBAI NATIONAL INVESTMENT CO L.L.C) · Completed	546					179	1,089
	The Residences at Business Central DAMAC · Completed	228					98	441
	West Wharf CAPITAL TRUST GULF LIMITED · Completed	114					82	210
	Churchill Residency Tower EMIRATES NATIONAL INVESTMENT CO (L.L.C) · Completed	492					169	999
	Avanti DAMAC · Completed	161					58	413

Community median 1,476 AED/sqft. Showing the closest-ranked peers of 26 ranked projects in the community. 13 community projects excluded for insufficient recorded sales. 57 excluded for trading only in the off-plan market. 34 excluded for insufficient unit-mix overlap. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Business Bay

The closest-priced registered projects in Business Bay.

Noura TowerAED 1,770/sqft
AmnaAED 1,773/sqft
The Residences at Business CentralAED 1,568/sqft
West WharfAED 1,562/sqft
Churchill Residency TowerAED 1,539/sqft
AvantiAED 1,524/sqft

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 1,677 per sqft, or about AED 2,652,920 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.

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 6.6% gross, calculated from current PIX© rent against current PIX© sale price, across 84 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 -14.2% over the last 12 months, to AED 1,677, across 155 registered sales.