1-bed · 1,182 sqftTerraces Marasi Drive, Business Bay · 18th floor · completed 2024

1802, Terraces Marasi Drive

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

Unit 1802 · DLD and Ejari recordsUpdated 25 June 2024
Last soldAED 1.92M25 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1802, Terraces Marasi Drive

What is 1802 worth today?

Last sold for AED 1,920,600 in 2024

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25 Jun 2024Sold by developerOff-plan
AED 1,920,600AED 1,625 per sqft

Source: Dubai Land Department. Updated 25 June 2024.

Key facts

Type
1-bed apartment
Size
1,182 sqft
Floor
18th of 19
Parking
1
Developer
Key Mavens For Real Estate Development
Completed
2024
Last sold
AED 1.92M · June 2024

About 1802, Terraces Marasi Drive

1802 is a one-bedroom apartment of 1,182 sqft on the 18th 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 25 June 2024 for AED 1,920,600, or AED 1,625 per sqft, in line with the AED 1,635 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1802 over time

Sales
Unit 1802, 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, June 2024: AED 1,920,600 (AED 1,625 per sqft)

1802 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1802, 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 1802 sits

All 71 1-beds →

1802 last sold in June 2024 at AED 1,625 per sqft, in line with what one-beds in Terraces Marasi Drive were fetching at the time (AED 1,635). 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 18th floor

All 121 units in Terraces Marasi Drive
Value
18012-bedAED 2.91M · Jun 2024
18031-bedAED 1.9M · Oct 2023
18041-bedAED 1.96M · Oct 2023
18052-bedAED 2.82M · Jan 2024

1802, Terraces Marasi Drive in numbers

  • Sold once: by Key Mavens For Real Estate Development on 25 June 2024 for AED 1,920,600, or AED 1,625 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 25 June 2024.

Questions about 1802, Terraces Marasi Drive

What did unit 1802 last sell for?

AED 1,920,600 on 25 June 2024, sold by the developer: AED 1,625 per sqft for 1,182 sqft. It is the only registered sale of the unit.

How big is unit 1802?

1,182 sqft (109.8 sqm): a one-bedroom apartment on the 18th floor of a 19-storey tower completed in 2024.

What is unit 1802 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 1802, Terraces Marasi Drive

Starts from the last sale price (AED 1.92M, 25 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,920,600
Deposit, UAE resident (20%)
AED 384,120
Deposit, non-resident (40%)
AED 768,240
Monthly over 25 years at 3.7%
AED 7,858

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