1308, Terraces Marasi Drive
Sold prices and rental history: sold once, by the developer in October 2023, 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 1308, Terraces Marasi Drive
What is 1308 worth today?
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Source: Dubai Land Department. Updated 18 October 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 1,187 sqft
- Floor
- 13th of 19
- Parking
- 1 0
- Developer
- Key Mavens For Real Estate Development
- Completed
- 2024
- Last sold
- AED 1.88M · October 2023
- Building
- Terraces Marasi Drive
About 1308, Terraces Marasi Drive
1308 is a one-bedroom apartment of 1,187 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 18 October 2023 for AED 1,880,000, or AED 1,583 per sqft, 9% below the AED 1,731 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1308 over time
1308 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 1308 sits
All 71 1-beds →1308 last sold in October 2023 at AED 1,583 per sqft, 9% below what one-beds in Terraces Marasi Drive were fetching at the time (AED 1,731). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Jun 202617 June 2026 | 1,105 sqft | 1,750,000 | 1,583 | ||
| 7 Apr 20267 April 2026 | 1,226 sqft | 1,896,000 | 1,545 | ||
| 19 Feb 202619 February 2026 | 1,002 sqft | 2,050,000 | 2,045 | ||
| 12 Nov 202512 November 2025 | 1,051 sqft | 2,011,000 | 1,912 |
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 | |
| 1304 | 3-bed | 3,898 sqft | AED 7.6MAED 7,600,000 · Jan 2024January 2024 | 570,000 /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 | ||
| 1309 | 2-bed | 1,130 sqft | AED 2.62MAED 2,620,000 · Nov 2023November 2023 |
1308, Terraces Marasi Drive in numbers
- Sold once: by Key Mavens For Real Estate Development on 18 October 2023 for AED 1,880,000, or AED 1,583 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 18 October 2023.
Questions about 1308, Terraces Marasi Drive
What did unit 1308 last sell for?
AED 1,880,000 on 18 October 2023, sold by the developer: AED 1,583 per sqft for 1,187 sqft. It is the only registered sale of the unit.
How big is unit 1308?
1,187 sqft (110.3 sqm): a one-bedroom apartment on the 13th floor of a 19-storey tower completed in 2024.
What is unit 1308 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.
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Mortgage on 1308, Terraces Marasi Drive
Starts from the last sale price (AED 1.88M, 18 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,880,000
- Deposit, UAE resident (20%)
- AED 376,000
- Deposit, non-resident (40%)
- AED 752,000
- Monthly over 25 years at 3.7%
- AED 7,692
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →