1-bed · 1,227 sqftTerraces Marasi Drive, Business Bay · 17th floor · completed 2024

1709, Terraces Marasi Drive

Sold prices and rental history: sold once, by the developer in April 2024, and rented once, from August 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1709 · DLD and Ejari recordsUpdated 15 August 2025
Last soldAED 1.94M26 April 2024
Current rentAED 155K /yr15 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1709, Terraces Marasi Drive

What is 1709 worth today?

Last sold for AED 1,940,000 in 2024

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15 Aug 2025RentedNew contract
AED 155,000/yr12 months · AED 127 per sqft
26 Apr 2024Sold by developerOff-plan
AED 1,940,000AED 1,581 per sqft

Source: Dubai Land Department. Updated 15 August 2025.

Key facts

Type
1-bed apartment
Size
1,227 sqft
Floor
17th of 18
Parking
1
Developer
Key Mavens For Real Estate Development
Completed
2024
Last sold
AED 1.94M · April 2024

About 1709, Terraces Marasi Drive

1709 is a one-bedroom apartment of 1,227 sqft on the 17th floor of Terraces Marasi Drive, a 18-storey tower in Business Bay completed in 2024 by Key Mavens For Real Estate Development . The developer sold it on 26 April 2024 for AED 1,940,000, or AED 1,581 per sqft, 4% below the AED 1,639 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 August 2025. The current contract, signed on 15 August 2025, is AED 155,000 a year: a gross yield of 8.0% on the 2024 price.

Sales and rents for 1709 over time

Sales
Unit 1709, each saleTypical one-bed in Terraces Marasi Drive
2M2.2M2023202420252026Typical sale price by year: 2023 AED 1,895,000; 2024 AED 1,890,000; 2025 AED 2,200,000Sold by developer, April 2024: AED 1,940,000 (AED 1,581 per sqft)

1709 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1709, each contractTypical one-bed in Terraces Marasi Drive
140K150K202520262027Typical rent by year: 2025 AED 149,000; 2026 AED 137,500New contract, August 2025: AED 155,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Terraces Marasi Drive, and where 1709 sits

All 68 1-beds →

1709 last sold in April 2024 at AED 1,581 per sqft, 4% below what one-beds in Terraces Marasi Drive were fetching at the time (AED 1,639). Over the last 12 months one-beds sold for AED 2,011,000, around AED 1,912 per sqft, and rent for AED 135,000 to 160,000 a year. 1709's AED 155,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Jul 20251,900,000
13 May 20252,150,000
8 May 20252,200,000
7 May 20252,280,000
1 1-bed sale in the last 12 months

Terraces Marasi Drive

Building

117 apartments, 1-bed to 3-bed over 18 floors in Business Bay, completed in 2024 by Key Mavens For Real Estate Development . 4 sold in the last 12 months.

Typical price per sqft
AED 2,065
Typical sale
AED 3.63M
Typical rent
AED 155K /yr
Typical yield
6.3%
Terraces Marasi Drive, Business Bay: prices, sales and rents →

Other units on the 17th floor

All 117 units in Terraces Marasi Drive
Value
17011-bedAED 2.88M · Apr 2024
17022-bedAED 5.37M · Jan 2025
17032-bedAED 5.5M · Apr 2024
17042-bedAED 5.68M · Feb 2025
17051-bedAED 2.95M · Mar 2024
17062-bedAED 3.3M · Mar 2024
17071-bedAED 1.89M · Nov 2023
1–7 of 9

1709, Terraces Marasi Drive in numbers

  • Sold once: by Key Mavens For Real Estate Development on 26 April 2024 for AED 1,940,000, or AED 1,581 per sqft.
  • Rented since August 2025 on one Ejari contract, at AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2024 price is 8.0%.
  • One-beds in Terraces Marasi Drive sold for AED 2,011,000–2,011,000 in the 12 months to November 2026; the building's median across all types is AED 2,065 per sqft.

Source: Dubai Land Department. Updated 15 August 2025.

Questions about 1709, Terraces Marasi Drive

What did unit 1709 last sell for?

AED 1,940,000 on 26 April 2024, sold by the developer: AED 1,581 per sqft for 1,227 sqft. It is the only registered sale of the unit.

What is the rent for unit 1709?

AED 155,000 a year on the contract signed on 15 August 2025.

How big is unit 1709?

1,227 sqft (114.0 sqm): a one-bedroom apartment on the 17th floor of a 18-storey tower completed in 2024.

What is unit 1709 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Terraces Marasi Drive sold for AED 2,011,000 to 2,011,000 in the last 12 months, around AED 1,912 per sqft.

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Mortgage on 1709, Terraces Marasi Drive

Starts from the last sale price (AED 1.94M, 26 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,940,000
Deposit, UAE resident (20%)
AED 388,000
Deposit, non-resident (40%)
AED 776,000
Monthly over 25 years at 3.7%
AED 7,937

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →