1-bed · 1,249 sqftTerraces Marasi Drive, Business Bay · 17th floor · completed 2024

1707, Terraces Marasi Drive

Sold prices and rental history: sold once, by the developer in November 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1707 · DLD and Ejari recordsUpdated 13 November 2023
Last soldAED 1.89M13 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1707, Terraces Marasi Drive

What is 1707 worth today?

Last sold for AED 1,885,530 in 2023

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13 Nov 2023Sold by developerOff-plan
AED 1,885,530AED 1,509 per sqft

Source: Dubai Land Department. Updated 13 November 2023.

Key facts

Type
1-bed apartment
Size
1,249 sqft
Floor
17th of 19
Parking
1
Developer
Key Mavens For Real Estate Development
Completed
2024
Last sold
AED 1.89M · November 2023

About 1707, Terraces Marasi Drive

1707 is a one-bedroom apartment of 1,249 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 13 November 2023 for AED 1,885,530, or AED 1,509 per sqft, 8% below the AED 1,644 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1707 over time

Sales
Unit 1707, each saleTypical one-bed in Terraces Marasi Drive
2M2.2M20232024202520262027Typical 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, November 2023: AED 1,885,530 (AED 1,509 per sqft)

1707 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1707, 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 1707 sits

All 71 1-beds →

1707 last sold in November 2023 at AED 1,509 per sqft, 8% below what one-beds in Terraces Marasi Drive were fetching at the time (AED 1,644). 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
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
17062-bedAED 3.3M · Mar 2024
17081-bedAED 1.96M · Nov 2023
1–7 of 9

1707, Terraces Marasi Drive in numbers

  • Sold once: by Key Mavens For Real Estate Development on 13 November 2023 for AED 1,885,530, or AED 1,509 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 13 November 2023.

Questions about 1707, Terraces Marasi Drive

What did unit 1707 last sell for?

AED 1,885,530 on 13 November 2023, sold by the developer: AED 1,509 per sqft for 1,249 sqft. It is the only registered sale of the unit.

How big is unit 1707?

1,249 sqft (116.0 sqm): a one-bedroom apartment on the 17th floor of a 19-storey tower completed in 2024.

What is unit 1707 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 1707, Terraces Marasi Drive

Starts from the last sale price (AED 1.89M, 13 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,885,530
Deposit, UAE resident (20%)
AED 377,106
Deposit, non-resident (40%)
AED 754,212
Monthly over 25 years at 3.7%
AED 7,714

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