2-bed · 1,130 sqftTerraces Marasi Drive, Business Bay · 17th floor · completed 2024

1706, Terraces Marasi Drive

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

Unit 1706 · DLD and Ejari recordsUpdated 28 March 2024
Last soldAED 3.3M28 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1706, Terraces Marasi Drive

What is 1706 worth today?

Last sold for AED 3,295,000 in 2024

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28 Mar 2024Sold by developerOff-plan
AED 3,295,000AED 2,915 per sqft

Source: Dubai Land Department. Updated 28 March 2024.

Key facts

Type
2-bed apartment
Size
1,130 sqft
Floor
17th of 19
Parking
1
Developer
Key Mavens For Real Estate Development
Completed
2024
Last sold
AED 3.3M · March 2024

About 1706, Terraces Marasi Drive

1706 is a two-bedroom apartment of 1,130 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 28 March 2024 for AED 3,295,000, or AED 2,915 per sqft, 30% above the AED 2,241 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1706 over time

Sales
Unit 1706, each saleTypical two-bed in Terraces Marasi Drive
4M20232024202520262027Typical 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, March 2024: AED 3,295,000 (AED 2,915 per sqft)

1706 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1706, each contractTypical two-bed in Terraces Marasi Drive
240K260K202520262027Typical rent by year: 2025 AED 270,000; 2026 AED 230,000

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 1706 sits

All 46 2-beds →

1706 last sold in March 2024 at AED 2,915 per sqft, 30% above what two-beds in Terraces Marasi Drive were fetching at the time (AED 2,241). 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 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
17042-bedAED 5.68M · Feb 2025
17051-bedAED 2.95M · Mar 2024
17071-bedAED 1.89M · Nov 2023
17081-bedAED 1.96M · Nov 2023
1–7 of 9

1706, Terraces Marasi Drive in numbers

  • Sold once: by Key Mavens For Real Estate Development on 28 March 2024 for AED 3,295,000, or AED 2,915 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 28 March 2024.

Questions about 1706, Terraces Marasi Drive

What did unit 1706 last sell for?

AED 3,295,000 on 28 March 2024, sold by the developer: AED 2,915 per sqft for 1,130 sqft. It is the only registered sale of the unit.

How big is unit 1706?

1,130 sqft (105.0 sqm): a two-bedroom apartment on the 17th floor of a 19-storey tower completed in 2024.

What is unit 1706 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 1706, Terraces Marasi Drive

Starts from the last sale price (AED 3.3M, 28 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,295,000
Deposit, UAE resident (20%)
AED 659,000
Deposit, non-resident (40%)
AED 1,318,000
Monthly over 25 years at 3.7%
AED 13,481

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