BuildingBusiness Bay · Key Mavens For Real Estate Development · 2024

Terraces Marasi Drive

One-beds to three-beds in Business Bay. 3 apartments sold in the last 12 months; every sale, rent and unit is below.

Last 12 monthsUpdated 12 February 2026
Typical price per sqftAED 2,1443 sales
Typical saleAED 4.5M3 sales
Typical rentAED 155K /yrAED 131 per sqft
Typical yield6.1%gross, before service charges

About Terraces Marasi Drive

Terraces Marasi Drive is a canal-front residential tower in Business Bay, positioned along Marasi Drive beside the Dubai Water Canal and a short drive from Downtown Dubai. The building rises around 22 storeys and is oriented to capture views of the canal, Burj Khalifa and the wider city skyline, giving it an urban waterfront character. Homes here are predominantly contemporary apartments, with a mix that includes 1 to 4 bedroom layouts as well as duplexes and selected penthouses. Many units feature generous terraces or balconies and floor‑to‑ceiling glazing, designed to maximise natural light and views. Interiors are finished to a modern standard, and some apartments are offered furnished. A number of listings also indicate select residences with private outdoor jacuzzis, reflecting the building’s focus on indoor‑outdoor living. Lifestyle facilities are a key draw. Residents typically have access to an outdoor swimming pool, a well‑equipped gym with Technogym machines, and a dedicated wellness area that includes therapy rooms such as salt, oxygen and ice rooms, plus spaces for yoga and Pilates. Concierge and 24‑hour security are standard, and the ground‑level mix often includes retail and cafés for daily convenience. Family‑friendly touches such as a children’s play area, landscaped zones and barbecue space are also commonly noted. Direct access to the canal promenade supports an active lifestyle with waterside walking and jogging. Connectivity is strong for commuters and leisure alike. The address offers straightforward links to Sheikh Zayed Road and Al Khail Road, while Business Bay Metro Station is within the wider district for public transport users. Downtown Dubai, Dubai Mall and DIFC are reachable within a short drive, and the wider Business Bay commercial cluster lies nearby. Overall, Terraces Marasi Drive suits residents seeking a modern, amenity‑rich base in a central location with canal and skyline outlooks.

117 apartments over 18 floors: 68 one-beds of 978 to 1,577 sqft, 41 two-beds of 810 to 2,521 sqft and 3 three-beds of 3,868 to 3,898 sqft.

3 apartments sold in the 12 months to February 2026, at a median of AED 2,144 per sqft. Most of the trading is in two-beds: 3 of the 3 sales, at AED 2,750,000 to 5,000,000. 12 rental contracts were registered over the same 12 months, at a typical AED 155,000 a year.

YallaValue estimates what the apartments in Terraces Marasi Drive are worth today, home by home, and updates the estimates daily. An estimate is free: choose the unit in the list on this page and verify once by WhatsApp, email or Google.

Developer
Key Mavens For Real Estate Development
Completed
2024
Floors
18
Units
117
Unit types
1-bed to 3-bed

Business Bay, Dubai

Average prices in Terraces Marasi Drive

In Terraces Marasi Drive, typical sale prices over the last 12 months were around AED 4,500,000 for two-beds.

Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.

Price history in Terraces Marasi Drive

2,0002,0502,1002,150May 2026Nov 20262025-11-25: AED 2,144, 2-bed, 2,098 sqft2026-01-09: AED 1,985, 2-bed, 2,519 sqft2026-01-22: AED 2,423, 2-bed, 1,135 sqftTrend: AED 2,093 to AED 2,247

Every registered sale in the last 12 months; the dashed line is the trend within those 12 months, grey dots are flagged outliers left out of it.

Transaction history in Terraces Marasi Drive

  • Completed2-bed · 1,130 sqft 22 Jan 2026AED 2,750,0002,434 /sqft
  • Completed2-bed · 2,518 sqft 09 Jan 2026AED 5,000,0001,986 /sqft
  • Completed2,098 sqft 25 Nov 2025AED 4,500,0002,144 /sqft
  • Completed1,051 sqft 12 Nov 2025AED 2,011,0001,913 /sqft
  • Completed2,521 sqft 17 Oct 2025AED 5,000,0001,983 /sqft
  • Completed1,315 sqft 11 Sep 2025AED 2,200,0001,673 /sqft
  • Completed1,510 sqft 01 Sep 2025AED 3,130,0002,072 /sqft
  • Completed1-bed · 1,085 sqft 17 Jul 2025AED 1,900,0001,750 /sqft
  • Completed2-bed · 1,427 sqft 09 Jul 2025AED 2,750,0001,926 /sqft
  • Completed1-bed · 1,118 sqft 13 May 2025AED 2,150,0001,921 /sqft

Over the last 12 months, Terraces Marasi Drive has recorded 3 apartment sales. Typical homes sold for around AED 4.5M (about AED 2,144 per sqft) with a median size of 2,098 sqft; most were two-beds, from roughly AED 2.75M to AED 5M.

1–10 of 144

Units in Terraces Marasi Drive

117 units
  • Unit 2012,098 sqftSold AED 4.5M, Nov 2025
  • Unit 2021-bed · 1,071 sqftSold AED 2.65M, Mar 2024
  • Unit 2032-bed · 2,032 sqftSold AED 4.3M, Nov 2023
  • Unit 2041-bed · 1,084 sqftSold AED 2M, Feb 2025
  • Unit 2052-bed · 1,428 sqftSold AED 2.75M, Jul 2025
  • Unit 2061-bed · 1,175 sqftSold AED 1.65M, Oct 2024
  • Unit 2072-bed · 1,435 sqftSold AED 2.37M, Jan 2024
  • Unit 2081-bed · 1,086 sqftSold AED 1.9M, Jul 2025
  • Unit 3011-bed · 1,513 sqftSold AED 2.34M, Nov 2023
  • Unit 3022,521 sqftSold AED 5M, Oct 2025
1–10 of 117
Every unit in Terraces Marasi Drive, by number

By type: one-beds (68), two-beds (41), three-beds (3).

Nearby in Business Bay

All 170 →
BuildingSale /sqftYield
Scala Tower (Al Madar Tower)AED 1,6066.3%
Ritz Carlton Residence (Luxury Family Residence III)AED 3,555
Moon TowerFew sales
Binghatti CanalAED 1,9938.0%
15 Northside Tower 1AED 2,5497.3%
1–5 of 169 · nearest first

Terraces Marasi Drive in numbers

  • Across 3 DLD sales in the 12 months to February 2026, the median price in Terraces Marasi Drive was AED 2,144 per sqft and the typical home sold for about AED 4.5M.
  • Completed in 2024 by Key Mavens For Real Estate Development; 18 floors of one-beds to three-beds.
  • Two-beds of 810 to 2,521 sqft sold for AED 2,750,000 to 5,000,000 between November 2025 and January 2026, a median AED 2,144 per sqft.
  • An one-bed of 978 to 1,577 sqft rents for AED 135,000 to 160,000 a year on the 8 contracts registered in the last 12 months.
  • Gross rental yield 6.1%: the median rent per sqft over the median sale price per sqft, before service charges.

Source: YallaValue analysis of Dubai Land Department records. Updated 12 February 2026.

Questions

How much does a two-bed in Terraces Marasi Drive cost?

3 two-beds sold in the 12 months to February 2026, for AED 2,750,000 to 5,000,000; the median was AED 4,500,000, or AED 2,144 per sqft.

How much is an one-bed for rent in Terraces Marasi Drive?

About AED 145,000 a year: that is the median of the 8 contracts for one-beds registered with Ejari in the 12 months to February 2026, from AED 135,000 to 160,000. Across all 12 contracts in Terraces Marasi Drive, of every type, the median was AED 154,500 a year.

What is my apartment in Terraces Marasi Drive worth?

YallaValue keeps an estimate for the apartments in Terraces Marasi Drive, home by home, updated daily. It is free: choose your unit in the list on this page and verify once by WhatsApp, email or Google. For a guide before that: 3 two-beds sold for AED 2,750,000 to 5,000,000 in the 12 months to February 2026.

What is the rental yield in Terraces Marasi Drive?

About 6.1% gross across the building, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.

Who built Terraces Marasi Drive and when?

Key Mavens For Real Estate Development; completed in 2024; 18 floors; 117 apartments.

How many apartments are there in Terraces Marasi Drive?

117, one-beds to three-beds. Each has its own page with its full sales and rental history.

Work it out for a home here: how much a rent can rise, the service charge for its size or a mortgage.

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