2-bed · 2,519 sqftTerraces Marasi Drive, Business Bay · 17th floor · completed 2024

1704, Terraces Marasi Drive

Sold prices and rental history: sold twice, last in February 2025, and rented once, from October 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1704 · DLD and Ejari recordsUpdated 10 October 2026
Last soldAED 5.68M14 February 2025
Current rentAED 250K /yr10 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1704, Terraces Marasi Drive

What is 1704 worth today?

Last sold for AED 5,681,000 in 2025

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10 Oct 2026RentedNew contract
AED 250,000/yr12 months · AED 99 per sqft
14 Feb 2025SoldReady
AED 5,681,000AED 2,255 per sqft
30 Nov 2023Sold by developerOff-plan
AED 5,681,000AED 2,255 per sqft

Source: Dubai Land Department. Updated 10 October 2026.

Key facts

Type
2-bed apartment
Size
2,519 sqft
Floor
17th of 19
Parking
P3-32
Developer
Key Mavens For Real Estate Development
Completed
2024
Last sold
AED 5.68M · February 2025

About 1704, Terraces Marasi Drive

1704 is a two-bedroom apartment of 2,519 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 . It last sold on 14 February 2025 for AED 5,681,000, or AED 2,255 per sqft, in line with the AED 2,193 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 October 2026. The current contract, signed on 10 October 2026, is AED 250,000 a year: a gross yield of 4.4% on the 2025 price.

Sales and rents for 1704 over time

Sales
Unit 1704, each saleTypical two-bed in Terraces Marasi Drive
4M6M20232024202520262027Typical sale price by year: 2023 AED 2,686,400; 2024 AED 3,600,000; 2025 AED 5,100,000; 2026 AED 4,857,500Sold by developer, November 2023: AED 5,681,000 (AED 2,255 per sqft)Sold, February 2025: AED 5,681,000 (AED 2,255 per sqft)

1704 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1704, each contractTypical two-bed in Terraces Marasi Drive
240K260K202520262027Typical rent by year: 2025 AED 270,000; 2026 AED 230,000New contract, October 2026: AED 250,000 a year

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 1704 sits

All 46 2-beds →

1704 last sold in February 2025 at AED 2,255 per sqft, in line with what two-beds in Terraces Marasi Drive were fetching at the time (AED 2,193). 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. 1704's AED 250,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Apr 20265,100,100
7 Apr 20263,579,559
3 Apr 2026947,356
25 Mar 20265,800,000
11 2-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
17011-bedAED 2.88M · Apr 2024
17022-bedAED 5.37M · Jan 2025
17032-bedAED 5.5M · Apr 2024
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

1704, Terraces Marasi Drive in numbers

  • Sold twice: first on 30 November 2023 for AED 5,681,000, last on 14 February 2025 for AED 5,681,000 (AED 2,255 per sqft).
  • Rented since October 2026 on one Ejari contract, at AED 250,000 a year.
  • At AED 250,000 a year the gross yield on the 2025 price is 4.4%.
  • 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 10 October 2026.

Questions about 1704, Terraces Marasi Drive

What did unit 1704 last sell for?

AED 5,681,000 on 14 February 2025: AED 2,255 per sqft for 2,519 sqft. The unit has 2 registered sales; the first was AED 5,681,000 in November 2023.

What is the rent for unit 1704?

AED 250,000 a year on the contract signed on 10 October 2026.

How big is unit 1704?

2,519 sqft (234.0 sqm): a two-bedroom apartment on the 17th floor of a 19-storey tower completed in 2024.

What is unit 1704 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.

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Mortgage on 1704, Terraces Marasi Drive

Starts from the last sale price (AED 5.68M, 14 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 5,681,000
Deposit, UAE resident (20%)
AED 1,136,200
Deposit, non-resident (40%)
AED 2,272,400
Monthly over 25 years at 3.7%
AED 23,243

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