403, Terraces Marasi Drive
Sold prices and rental history: sold once, by the developer in December 2023, and rented once, from June 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 403, Terraces Marasi Drive
What is 403 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 23 June 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,085 sqft
- Floor
- 4th of 18
- Parking
- 1
- Developer
- Key Mavens For Real Estate Development
- Completed
- 2024
- Last sold
- AED 1.98M · December 2023
- Building
- Terraces Marasi Drive
About 403, Terraces Marasi Drive
403 is a one-bedroom apartment of 1,085 sqft on the 4th 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 5 December 2023 for AED 1,980,900, or AED 1,826 per sqft, 11% above the AED 1,642 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 23 June 2025. The current contract, signed on 23 June 2025, is AED 120,000 a year: a gross yield of 6.1% on the 2023 price.
Sales and rents for 403 over time
403 has sold once; the dashed line is the one-bed median of each year in the building.
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 403 sits
All 68 1-beds →403 last sold in December 2023 at AED 1,826 per sqft, 11% above what one-beds in Terraces Marasi Drive were fetching at the time (AED 1,642). 403's AED 120,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Jul 202517 July 2025 | 1,086 sqft | 1,900,000 | 1,749 | ||
| 13 May 202513 May 2025 | 1,119 sqft | 2,150,000 | 1,921 | ||
| 8 May 20258 May 2025 | 1,080 sqft | 2,200,000 | 2,037 | ||
| 7 May 20257 May 2025 | 1,267 sqft | 2,280,000 | 1,799 |
Terraces Marasi Drive
Building117 apartments, 1-bed to 3-bed over 18 floors in Business Bay, completed in 2024 by Key Mavens For Real Estate Development. 3 sold in the last 12 months.
- Typical price per sqft
- AED 2,144
- Typical sale
- AED 4.5M
- Typical rent
- AED 155K /yr
- Typical yield
- 6.1%
Other units on the 4th floor
All 117 units in Terraces Marasi Drive403, Terraces Marasi Drive in numbers
- Sold once: by Key Mavens For Real Estate Development on 5 December 2023 for AED 1,980,900, or AED 1,826 per sqft.
- Rented since June 2025 on one Ejari contract, at AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2023 price is 6.1%.
Source: YallaValue analysis of Dubai Land Department records. Updated 23 June 2025.
Questions about 403, Terraces Marasi Drive
What did unit 403 last sell for?
AED 1,980,900 on 5 December 2023, sold by the developer: AED 1,826 per sqft for 1,085 sqft. It is the only registered sale of the unit.
What is the rent for unit 403?
AED 120,000 a year on the contract signed on 23 June 2025.
How big is unit 403?
1,085 sqft (100.8 sqm): a one-bedroom apartment on the 4th floor of a 18-storey tower completed in 2024.
What is unit 403 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 403, Terraces Marasi Drive
Starts from the last sale price (AED 1.98M, 5 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,980,900
- Deposit, UAE resident (20%)
- AED 396,180
- Deposit, non-resident (40%)
- AED 792,360
- Monthly over 25 years at 3.7%
- AED 8,104
Plus AED 88,208 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →