1-bed · 1,516 sqftTerraces Marasi Drive, Business Bay · 17th floor · completed 2024

1701, Terraces Marasi Drive

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

Unit 1701 · DLD and Ejari recordsUpdated 26 April 2024
Last soldAED 2.88M26 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1701, Terraces Marasi Drive

What is 1701 worth today?

Last sold for AED 2,880,000 in 2024

Unlock today's estimate, updated daily, with

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

26 Apr 2024Sold by developerOff-plan
AED 2,880,000AED 1,899 per sqft

Source: Dubai Land Department. Updated 26 April 2024.

Key facts

Type
1-bed apartment
Size
1,516 sqft
Floor
17th of 19
Parking
1
Developer
Key Mavens For Real Estate Development
Completed
2024
Last sold
AED 2.88M · April 2024

About 1701, Terraces Marasi Drive

1701 is a one-bedroom apartment of 1,516 sqft on the 17th 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 26 April 2024 for AED 2,880,000, or AED 1,899 per sqft, 16% above the AED 1,640 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1701 over time

Sales
Unit 1701, each saleTypical one-bed in Terraces Marasi Drive
2M2.5M3M20232024202520262027Typical 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, April 2024: AED 2,880,000 (AED 1,899 per sqft)

1701 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1701, 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 1701 sits

All 71 1-beds →

1701 last sold in April 2024 at AED 1,899 per sqft, 16% above what one-beds in Terraces Marasi Drive were fetching at the time (AED 1,640). 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 17th floor

All 121 units in Terraces Marasi Drive
Value
17022-bedAED 5.37M · Jan 2025
17032-bedAED 5.5M · Apr 2024
17042-bedAED 5.68M · Feb 2025
17051-bedAED 2.95M · Mar 2024
17062-bedAED 3.3M · Mar 2024
17071-bedAED 1.89M · Nov 2023
17081-bedAED 1.96M · Nov 2023
1–7 of 9

1701, Terraces Marasi Drive in numbers

  • Sold once: by Key Mavens For Real Estate Development on 26 April 2024 for AED 2,880,000, or AED 1,899 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 26 April 2024.

Questions about 1701, Terraces Marasi Drive

What did unit 1701 last sell for?

AED 2,880,000 on 26 April 2024, sold by the developer: AED 1,899 per sqft for 1,516 sqft. It is the only registered sale of the unit.

How big is unit 1701?

1,516 sqft (140.8 sqm): a one-bedroom apartment on the 17th floor of a 19-storey tower completed in 2024.

What is unit 1701 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 1701? 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 1701, Terraces Marasi Drive

Starts from the last sale price (AED 2.88M, 26 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,880,000
Deposit, UAE resident (20%)
AED 576,000
Deposit, non-resident (40%)
AED 1,152,000
Monthly over 25 years at 3.7%
AED 11,783

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