508, Terraces Marasi Drive
Sold prices and rental history: sold once, by the developer in June 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Terraces Marasi Drive
What is 508 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 25 June 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,108 sqft
- Floor
- 5th of 18
- Parking
- 1
- Developer
- Key Mavens For Real Estate Development
- Completed
- 2024
- Last sold
- AED 1.72M · June 2024
- Building
- Terraces Marasi Drive
About 508, Terraces Marasi Drive
508 is a one-bedroom apartment of 1,108 sqft on the 5th 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 25 June 2024 for AED 1,720,000, or AED 1,551 per sqft, 5% below the AED 1,635 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 508 over time
508 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 508 sits
All 68 1-beds →508 last sold in June 2024 at AED 1,551 per sqft, 5% below what one-beds in Terraces Marasi Drive were fetching at the time (AED 1,635).
| 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 5th floor
All 117 units in Terraces Marasi Drive| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1,511 sqft | AED 3.13MAED 3,130,000 · Sep 2025September 2025 | |||
| 502 | 2-bed | 2,483 sqft | AED 5.12MAED 5,120,000 · Mar 2024March 2024 | 240,000 /yr | |
| 503 | 2-bed | 2,139 sqft | AED 5.1MAED 5,100,000 · Mar 2025March 2025 | 396,000 /yr | |
| 504 | 2-bed | 2,518 sqft | AED 5MAED 5,000,000 · Jan 2026January 2026 | ||
| 505 | 1-bed | 1,518 sqft | AED 2.49MAED 2,492,400 · Dec 2023December 2023 | 149,598 /yr | |
| 506 | 1-bed | 1,251 sqft | AED 1.73MAED 1,730,000 · Jan 2024January 2024 | ||
| 507 | 1-bed | 1,257 sqft | AED 1.7MAED 1,696,977 · Mar 2024March 2024 | 140,000 /yr | |
| 509 | 2-bed | 1,403 sqft | AED 2.58MAED 2,580,000 · Nov 2024November 2024 | ||
| 510 | 1-bed | 1,085 sqft | AED 2.03MAED 2,033,000 · Nov 2023November 2023 | 135,000 /yr |
508, Terraces Marasi Drive in numbers
- Sold once: by Key Mavens For Real Estate Development on 25 June 2024 for AED 1,720,000, or AED 1,551 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 25 June 2024.
Questions about 508, Terraces Marasi Drive
What did unit 508 last sell for?
AED 1,720,000 on 25 June 2024, sold by the developer: AED 1,551 per sqft for 1,108 sqft. It is the only registered sale of the unit.
How big is unit 508?
1,108 sqft (102.9 sqm): a one-bedroom apartment on the 5th floor of a 18-storey tower completed in 2024.
What is unit 508 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 508, Terraces Marasi Drive
Starts from the last sale price (AED 1.72M, 25 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,720,000
- Deposit, UAE resident (20%)
- AED 344,000
- Deposit, non-resident (40%)
- AED 688,000
- Monthly over 25 years at 3.7%
- AED 7,037
Plus AED 77,250 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →