2-bed · 2,521 sqftTerraces Marasi Drive, Business Bay · 3rd floor · completed 2024

302, Terraces Marasi Drive

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

Unit 302 · DLD and Ejari recordsUpdated 17 October 2025
Last soldAED 5M17 October 2025
Current rentAED 340K /yr1 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Terraces Marasi Drive

What is 302 worth today?

Last sold for AED 5,000,000 in 2025

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17 Oct 2025SoldReady
AED 5,000,000AED 1,983 per sqft
1 Oct 2025RentedNew contract
AED 340,000/yr12 months · AED 135 per sqft
31 Jul 2024Sold by developerOff-plan
AED 5,500,000AED 2,184 per sqft

Source: Dubai Land Department. Updated 17 October 2025.

Key facts

Type
2-bed apartment
Size
2,521 sqft
Floor
3rd of 19
Parking
P2-16
Developer
Key Mavens For Real Estate Development
Completed
2024
Last sold
AED 5M · October 2025

About 302, Terraces Marasi Drive

302 is a two-bedroom apartment of 2,521 sqft on the 3rd 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 17 October 2025 for AED 5,000,000, or AED 1,983 per sqft, 8% below the AED 2,166 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 October 2025. The current contract, signed on 1 October 2025, is AED 340,000 a year: a gross yield of 6.8% on the 2025 price.

Sales and rents for 302 over time

Sales
Unit 302, 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, July 2024: AED 5,500,000 (AED 2,184 per sqft)Sold, October 2025: AED 5,000,000 (AED 1,983 per sqft)

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

Rents
Unit 302, each contractTypical two-bed in Terraces Marasi Drive
250K300K350K202520262027Typical rent by year: 2025 AED 270,000; 2026 AED 230,000New contract, October 2025: AED 340,000 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 302 sits

All 46 2-beds →

302 last sold in October 2025 at AED 1,983 per sqft, 8% below what two-beds in Terraces Marasi Drive were fetching at the time (AED 2,166). 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. 302's AED 340,000 is at the top 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 3rd floor

All 121 units in Terraces Marasi Drive
Value
3011-bedAED 2.34M · Nov 2023
3032-bedAED 4.72M · Mar 2026
3043-bedAED 7.7M · Oct 2023
3051-bedAED 2.9M · Jan 2025
3062-bedAED 3.6M · Apr 2024
3071-bedAED 1.6M · Jan 2024
3082-bedAED 3.38M · May 2025
1–7 of 8

302, Terraces Marasi Drive in numbers

  • Sold twice: first on 31 July 2024 for AED 5,500,000, last on 17 October 2025 for AED 5,000,000 (AED 1,983 per sqft).
  • Rented since October 2025 on one Ejari contract, at AED 340,000 a year.
  • At AED 340,000 a year the gross yield on the 2025 price is 6.8%.
  • 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 17 October 2025.

Questions about 302, Terraces Marasi Drive

What did unit 302 last sell for?

AED 5,000,000 on 17 October 2025: AED 1,983 per sqft for 2,521 sqft. The unit has 2 registered sales; the first was AED 5,500,000 in July 2024.

What is the rent for unit 302?

AED 340,000 a year on the contract signed on 1 October 2025.

How big is unit 302?

2,521 sqft (234.2 sqm): a two-bedroom apartment on the 3rd floor of a 19-storey tower completed in 2024.

What is unit 302 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 302, Terraces Marasi Drive

Starts from the last sale price (AED 5M, 17 October 2025). Switch to today's estimate once you have unlocked it.
Price
AED 5,000,000
Deposit, UAE resident (20%)
AED 1,000,000
Deposit, non-resident (40%)
AED 2,000,000
Monthly over 25 years at 3.7%
AED 20,457

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