1-bed · 1,577 sqftTerraces Marasi Drive, Business Bay · 13th floor · completed 2024

1305, Terraces Marasi Drive

Sold prices and rental history: sold once, by the developer in January 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1305 · DLD and Ejari recordsUpdated 4 January 2024
Last soldAED 2.58M4 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1305, Terraces Marasi Drive

What is 1305 worth today?

Last sold for AED 2,580,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

4 Jan 2024Sold by developerOff-plan
AED 2,580,000AED 1,635 per sqft

Source: Dubai Land Department. Updated 4 January 2024.

Key facts

Type
1-bed apartment
Size
1,577 sqft
Floor
13th of 19
Parking
1
Developer
Key Mavens For Real Estate Development
Completed
2024
Last sold
AED 2.58M · January 2024

About 1305, Terraces Marasi Drive

1305 is a one-bedroom apartment of 1,577 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 4 January 2024 for AED 2,580,000, or AED 1,635 per sqft, in line with 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 1305 over time

Sales
Unit 1305, each saleTypical one-bed in Terraces Marasi Drive
2M2.5M20232024202520262027Typical sale price by year: 2023 AED 1,895,000; 2024 AED 1,885,000; 2025 AED 2,200,000; 2026 AED 1,896,000Sold by developer, January 2024: AED 2,580,000 (AED 1,635 per sqft)

1305 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1305, each contractTypical one-bed in Terraces Marasi Drive
130K140K202520262027Typical rent by year: 2025 AED 140,000; 2026 AED 124,000

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 1305 sits

All 71 1-beds →

1305 last sold in January 2024 at AED 1,635 per sqft, in line with what one-beds in Terraces Marasi Drive were fetching at the time (AED 1,635). Over the last 12 months one-beds sold for AED 1,750,000 to 2,050,000, around AED 1,748 per sqft, and rent for AED 93,600 to 299,169 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Jun 20261,750,000
7 Apr 20261,896,000
19 Feb 20262,050,000
12 Nov 20252,011,000
4 1-bed sales in the last 12 months

Terraces Marasi Drive

Building

121 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%
Terraces Marasi Drive, Business Bay: prices, sales and rents →

Other units on the 13th floor

All 121 units in Terraces Marasi Drive
Value
13011-bedAED 2.6M · Nov 2023
13022-bedAED 5.16M · Jan 2024
13032-bedAED 5.37M · Jan 2024
13043-bedAED 7.6M · Jan 2024
13062-bedAED 3.58M · Apr 2026
13071-bedAED 2.05M · Feb 2026
13081-bedAED 1.88M · Oct 2023
1–7 of 8

1305, Terraces Marasi Drive in numbers

  • Sold once: by Key Mavens For Real Estate Development on 4 January 2024 for AED 2,580,000, or AED 1,635 per sqft.
  • One-beds in Terraces Marasi Drive sold for AED 1,750,000–2,050,000 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 4 January 2024.

Questions about 1305, Terraces Marasi Drive

What did unit 1305 last sell for?

AED 2,580,000 on 4 January 2024, sold by the developer: AED 1,635 per sqft for 1,577 sqft. It is the only registered sale of the unit.

How big is unit 1305?

1,577 sqft (146.5 sqm): a one-bedroom apartment on the 13th floor of a 19-storey tower completed in 2024.

What is unit 1305 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 1,750,000 to 2,050,000 in the last 12 months, around AED 1,748 per sqft.

Selling 1305? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1305, Terraces Marasi Drive

Starts from the last sale price (AED 2.58M, 4 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,580,000
Deposit, UAE resident (20%)
AED 516,000
Deposit, non-resident (40%)
AED 1,032,000
Monthly over 25 years at 3.7%
AED 10,556

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