1304, Terraces Marasi Drive
Sold prices and rental history: sold once, by the developer in January 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1304, Terraces Marasi Drive
What is 1304 worth today?
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Source: Dubai Land Department. Updated 19 April 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 3,898 sqft
- Floor
- 13th of 19
- Parking
- 2
- Developer
- Key Mavens For Real Estate Development
- Completed
- 2024
- Last sold
- AED 7.6M · January 2024
- Building
- Terraces Marasi Drive
About 1304, Terraces Marasi Drive
1304 is a three-bedroom apartment of 3,898 sqft on the 13th 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 24 January 2024 for AED 7,600,000, or AED 1,949 per sqft, in line with the AED 1,976 three-beds in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 19 April 2025, is AED 570,000 a year: a gross yield of 7.5% on the 2024 price.
3-beds in Terraces Marasi Drive, and where 1304 sits
All 3 3-beds →1304 last sold in January 2024 at AED 1,949 per sqft, in line with what three-beds in Terraces Marasi Drive were fetching at the time (AED 1,976).
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Jan 20244 January 2024 | 3,868 sqft | 7,780,000 | 2,011 | ||
| 27 Oct 202327 October 2023 | 3,897 sqft | 7,700,000 | 1,976 |
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 13th floor
All 121 units in Terraces Marasi Drive| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 1-bed | 1,512 sqft | AED 2.6MAED 2,600,000 · Nov 2023November 2023 | ||
| 1302 | 2-bed | 2,518 sqft | AED 5.16MAED 5,160,400 · Jan 2024January 2024 | ||
| 1303 | 2-bed | 2,142 sqft | AED 5.37MAED 5,367,500 · Jan 2024January 2024 | 290,000 /yr | |
| 1305 | 1-bed | 1,577 sqft | AED 2.58MAED 2,580,000 · Jan 2024January 2024 | ||
| 1306 | 2-bed | 2,312 sqft | AED 3.58MAED 3,579,559 · Apr 2026April 2026 | ||
| 1307 | 1-bed | 1,002 sqft | AED 2.05MAED 2,050,000 · Feb 2026February 2026 | ||
| 1308 | 1-bed | 1,187 sqft | AED 1.88MAED 1,880,000 · Oct 2023October 2023 | ||
| 1309 | 2-bed | 1,130 sqft | AED 2.62MAED 2,620,000 · Nov 2023November 2023 |
1304, Terraces Marasi Drive in numbers
- Sold once: by Key Mavens For Real Estate Development on 24 January 2024 for AED 7,600,000, or AED 1,949 per sqft.
- Rented since April 2025 on 2 Ejari contracts, at AED 570,000 a year.
- At AED 570,000 a year the gross yield on the 2024 price is 7.5%.
Source: Dubai Land Department. Updated 19 April 2025.
Questions about 1304, Terraces Marasi Drive
What did unit 1304 last sell for?
AED 7,600,000 on 24 January 2024, sold by the developer: AED 1,949 per sqft for 3,898 sqft. It is the only registered sale of the unit.
What is the rent for unit 1304?
AED 570,000 a year on the contract signed on 19 April 2025. The previous contract, from April 2025, was AED 570,000.
How big is unit 1304?
3,898 sqft (362.1 sqm): a three-bedroom apartment on the 13th floor of a 19-storey tower completed in 2024.
What is unit 1304 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 1304, Terraces Marasi Drive
Starts from the last sale price (AED 7.6M, 24 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 7,600,000
- Deposit, UAE resident (20%)
- AED 1,520,000
- Deposit, non-resident (40%)
- AED 3,040,000
- Monthly over 25 years at 3.7%
- AED 31,094
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →