1703, 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.
Property timeline for 1703, Terraces Marasi Drive
What is 1703 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 26 April 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 2,139 sqft
- Floor
- 17th of 19
- Parking
- 1
- Developer
- Key Mavens For Real Estate Development
- Completed
- 2024
- Last sold
- AED 5.5M · April 2024
- Building
- Terraces Marasi Drive
About 1703, Terraces Marasi Drive
1703 is a two-bedroom apartment of 2,139 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 5,500,272, or AED 2,571 per sqft, 14% above the AED 2,249 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1703 over time
1703 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 1703 sits
All 46 2-beds →1703 last sold in April 2024 at AED 2,571 per sqft, 14% above what two-beds in Terraces Marasi Drive were fetching at the time (AED 2,249). 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.
| 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 17th floor
All 121 units in Terraces Marasi Drive| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 1-bed | 1,516 sqft | AED 2.88MAED 2,880,000 · Apr 2024April 2024 | ||
| 1702 | 2-bed | 2,521 sqft | AED 5.37MAED 5,367,500 · Jan 2025January 2025 | 325,000 /yr | |
| 1704 | 2-bed | 2,519 sqft | AED 5.68MAED 5,681,000 · Feb 2025February 2025 | 250,000 /yr | |
| 1705 | 1-bed | 1,516 sqft | AED 2.95MAED 2,950,000 · Mar 2024March 2024 | 140,000 /yr | |
| 1706 | 2-bed | 1,130 sqft | AED 3.3MAED 3,295,000 · Mar 2024March 2024 | ||
| 1707 | 1-bed | 1,249 sqft | AED 1.89MAED 1,885,530 · Nov 2023November 2023 | ||
| 1708 | 1-bed | 1,057 sqft | AED 1.96MAED 1,957,888 · Nov 2023November 2023 | 115,000 /yr | |
| 1709 | 1-bed | 1,226 sqft | AED 1.9MAED 1,896,000 · Apr 2026April 2026 | 125,000 /yr | |
| 1710 | 2-bed | 810 sqft | AED 2.35MAED 2,353,571 · Nov 2024November 2024 |
1703, Terraces Marasi Drive in numbers
- Sold once: by Key Mavens For Real Estate Development on 26 April 2024 for AED 5,500,272, or AED 2,571 per sqft.
- 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 26 April 2024.
Questions about 1703, Terraces Marasi Drive
What did unit 1703 last sell for?
AED 5,500,272 on 26 April 2024, sold by the developer: AED 2,571 per sqft for 2,139 sqft. It is the only registered sale of the unit.
How big is unit 1703?
2,139 sqft (198.7 sqm): a two-bedroom apartment on the 17th floor of a 19-storey tower completed in 2024.
What is unit 1703 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.
Selling 1703? 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.
Mortgage on 1703, Terraces Marasi Drive
Starts from the last sale price (AED 5.5M, 26 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 5,500,272
- Deposit, UAE resident (20%)
- AED 1,100,054
- Deposit, non-resident (40%)
- AED 2,200,109
- Monthly over 25 years at 3.7%
- AED 22,503
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →