1004, Terraces Marasi Drive
Sold prices and rental history: sold once, by the developer in January 2025, and rented continuously since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1004, Terraces Marasi Drive
What is 1004 worth today?
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Source: Dubai Land Department. Updated 5 October 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 2,483 sqft
- Floor
- 10th of 19
- Parking
- P1-25
- Developer
- Key Mavens For Real Estate Development
- Completed
- 2024
- Last sold
- AED 5.34M · January 2025
- Building
- Terraces Marasi Drive
About 1004, Terraces Marasi Drive
1004 is a two-bedroom apartment of 2,483 sqft on the 10th floor of Terraces Marasi Drive, a 19-storey tower in Business Bay completed in 2024 by Key Mavens For Real Estate Development . The developer sold it on 3 January 2025 for AED 5,340,000, or AED 2,150 per sqft, 3% below the AED 2,223 two-beds in the building were fetching at the time.
It has been rented continuously since 2025 on 4 Ejari contracts. The current contract, signed on 5 October 2026, is AED 280,000 a year: a gross yield of 5.2% on the 2025 price.
Sales and rents for 1004 over time
1004 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Terraces Marasi Drive, and where 1004 sits
All 46 2-beds →1004 last sold in January 2025 at AED 2,150 per sqft, 3% below what two-beds in Terraces Marasi Drive were fetching at the time (AED 2,223). Over the last 12 months two-beds sold for AED 947,356 to 6,050,000, around AED 2,201 per sqft, and rent for AED 150,000 to 300,000 a year. 1004's AED 280,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Apr 202629 April 2026 | 2,139 sqft | 5,100,100 | 2,384 | ||
| 7 Apr 20267 April 2026 | 2,312 sqft | 3,579,559 | 1,548 | ||
| 3 Apr 20263 April 2026 | 567 sqft | 947,356 | 1,670 | ||
| 25 Mar 202625 March 2026 | 2,519 sqft | 5,800,000 | 2,302 |
Terraces Marasi Drive
Building121 apartments, 1-bed to 4-bed over 19 floors in Business Bay, completed in 2024 by Key Mavens For Real Estate Development . 16 sold in the last 12 months.
- Typical price per sqft
- AED 2,015 Up 3.5%
- Typical sale
- AED 4.2M
- Typical rent
- AED 150K /yr
- Typical yield
- 5.6%
Other units on the 10th floor
All 121 units in Terraces Marasi Drive| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 1,517 sqft | AED 2.43MAED 2,426,000 · Oct 2023October 2023 | 140,000 /yr | |
| 1002 | 2-bed | 2,521 sqft | AED 5.5MAED 5,500,000 · Apr 2025April 2025 | ||
| 1003 | 2-bed | 2,139 sqft | AED 5.2MAED 5,200,000 · Feb 2026February 2026 | ||
| 1005 | 1-bed | 1,512 sqft | AED 2.52MAED 2,520,300 · Mar 2024March 2024 | 155,000 /yr | |
| 1006 | 1-bed | 1,085 sqft | AED 2.1MAED 2,100,000 · Nov 2023November 2023 | ||
| 1007 | 1-bed | 1,294 sqft | AED 1.72MAED 1,720,000 · Jan 2024January 2024 | 105,000 /yr | |
| 1008 | 1-bed | 1,004 sqft | AED 1.7MAED 1,700,000 · Nov 2023November 2023 | ||
| 1009 | 1-bed | 1,119 sqft | AED 2.15MAED 2,150,000 · May 2025May 2025 | 155,000 /yr | |
| 1010 | 1-bed | 1,251 sqft | AED 2.08MAED 2,080,000 · Nov 2023November 2023 |
1004, Terraces Marasi Drive in numbers
- Sold once: by Key Mavens For Real Estate Development on 3 January 2025 for AED 5,340,000, or AED 2,150 per sqft.
- Rented since May 2025 on 4 Ejari contracts, from AED 320,000 to AED 280,000 a year.
- At AED 280,000 a year the gross yield on the 2025 price is 5.2%.
- Two-beds in Terraces Marasi Drive sold for AED 947,356–6,050,000 in the 12 months to November 2026; the building's median across all types is AED 2,015 per sqft.
Source: Dubai Land Department. Updated 5 October 2026.
Questions about 1004, Terraces Marasi Drive
What did unit 1004 last sell for?
AED 5,340,000 on 3 January 2025, sold by the developer: AED 2,150 per sqft for 2,483 sqft. It is the only registered sale of the unit.
What is the rent for unit 1004?
AED 280,000 a year on the contract signed on 5 October 2026. The previous contract, from May 2026, was AED 270,752; the unit has been rented since May 2025.
How big is unit 1004?
2,483 sqft (230.7 sqm): a two-bedroom apartment on the 10th floor of a 19-storey tower completed in 2024.
What is unit 1004 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Terraces Marasi Drive sold for AED 947,356 to 6,050,000 in the last 12 months, around AED 2,201 per sqft.
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Mortgage on 1004, Terraces Marasi Drive
Starts from the last sale price (AED 5.34M, 3 January 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 5,340,000
- Deposit, UAE resident (20%)
- AED 1,068,000
- Deposit, non-resident (40%)
- AED 2,136,000
- Monthly over 25 years at 3.7%
- AED 21,848
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →