1-bed · 1,175 sqftTerraces Marasi Drive, Business Bay · 2nd floor · completed 2024

206, Terraces Marasi Drive

Sold prices and rental history: sold twice, last in October 2024, and rented once, from July 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 1.65M11 October 2024
Current rentAED 95K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, Terraces Marasi Drive

What is 206 worth today?

Last sold for AED 1,650,000 in 2024

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1 Jul 2026RentedNew contract
AED 95,000/yr12 months · AED 81 per sqft
11 Oct 2024SoldOff-plan
AED 1,650,000AED 1,403 per sqft
13 Nov 2023Sold by developerOff-plan
AED 1,680,000AED 1,426 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
1-bed apartment
Size
1,175 sqft
Floor
2nd of 19
Parking
P3-37
Developer
Key Mavens For Real Estate Development
Completed
2024
Last sold
AED 1.65M · October 2024

About 206, Terraces Marasi Drive

206 is a one-bedroom apartment of 1,175 sqft on the 2nd 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 11 October 2024 for AED 1,650,000, or AED 1,403 per sqft, 14% below the AED 1,638 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 July 2026. The current contract, signed on 1 July 2026, is AED 95,000 a year: a gross yield of 5.8% on the 2024 price.

Sales and rents for 206 over time

Sales
Unit 206, each saleTypical one-bed in Terraces Marasi Drive
1.75M2M2.25M20232024202520262027Typical 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 1,680,000 (AED 1,426 per sqft)Sold, October 2024: AED 1,650,000 (AED 1,403 per sqft)

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

Rents
Unit 206, each contractTypical one-bed in Terraces Marasi Drive
100K125K202520262027Typical rent by year: 2025 AED 140,000; 2026 AED 124,000New contract, July 2026: AED 95,000 a year

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 206 sits

All 71 1-beds →

206 last sold in October 2024 at AED 1,403 per sqft, 14% below what one-beds in Terraces Marasi Drive were fetching at the time (AED 1,638). 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. 206's AED 95,000 is in the lower half of that range.

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 2nd floor

All 121 units in Terraces Marasi Drive
Value
2012-bedAED 4.5M · Nov 2025
2021-bedAED 2.65M · Mar 2024
2032-bedAED 4.3M · Nov 2023
2041-bedAED 2M · Feb 2025
2052-bedAED 2.75M · Jul 2025
2072-bedAED 2.37M · Jan 2024
2081-bedAED 1.9M · Jul 2025

206, Terraces Marasi Drive in numbers

  • Sold twice: first on 13 November 2023 for AED 1,680,000, last on 11 October 2024 for AED 1,650,000 (AED 1,403 per sqft).
  • Rented since July 2026 on one Ejari contract, at AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2024 price is 5.8%.
  • 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 1 July 2026.

Questions about 206, Terraces Marasi Drive

What did unit 206 last sell for?

AED 1,650,000 on 11 October 2024: AED 1,403 per sqft for 1,175 sqft. The unit has 2 registered sales; the first was AED 1,680,000 in November 2023.

What is the rent for unit 206?

AED 95,000 a year on the contract signed on 1 July 2026.

How big is unit 206?

1,175 sqft (109.2 sqm): a one-bedroom apartment on the 2nd floor of a 19-storey tower completed in 2024.

What is unit 206 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 206, Terraces Marasi Drive

Starts from the last sale price (AED 1.65M, 11 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

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