1-bed · 1,567 sqftTerraces Marasi Drive, Business Bay · 3rd floor · completed 2024

305, Terraces Marasi Drive

Sold prices and rental history: sold twice, last in January 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 29 January 2025
Last soldAED 2.9M29 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Terraces Marasi Drive

What is 305 worth today?

Last sold for AED 2,902,083 in 2025

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29 Jan 2025SoldReady
AED 2,902,083AED 1,851 per sqft
19 Mar 2024Sold by developerOff-plan
AED 2,490,000AED 1,580 per sqft

Source: Dubai Land Department. Updated 29 January 2025.

Key facts

Type
1-bed apartment
Size
1,567 sqft
Floor
3rd of 19
Parking
P3-29
Developer
Key Mavens For Real Estate Development
Completed
2024
Last sold
AED 2.9M · January 2025

About 305, Terraces Marasi Drive

305 is a one-bedroom apartment of 1,567 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 29 January 2025 for AED 2,902,083, or AED 1,851 per sqft, 11% above the AED 1,663 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 305 over time

Sales
Unit 305, each saleTypical one-bed in Terraces Marasi Drive
2M2.5M3M20232024202520262027Typical 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, March 2024: AED 2,490,000 (AED 1,580 per sqft)Sold, January 2025: AED 2,902,083 (AED 1,851 per sqft)

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

Rents
Unit 305, 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 305 sits

All 71 1-beds →

305 last sold in January 2025 at AED 1,851 per sqft, 11% above what one-beds in Terraces Marasi Drive were fetching at the time (AED 1,663). 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 3rd floor

All 121 units in Terraces Marasi Drive
Value
3011-bedAED 2.34M · Nov 2023
3022-bedAED 5M · Oct 2025
3032-bedAED 4.72M · Mar 2026
3043-bedAED 7.7M · Oct 2023
3062-bedAED 3.6M · Apr 2024
3071-bedAED 1.6M · Jan 2024
3082-bedAED 3.38M · May 2025
1–7 of 8

305, Terraces Marasi Drive in numbers

  • Sold twice: first on 19 March 2024 for AED 2,490,000, last on 29 January 2025 for AED 2,902,083 (AED 1,851 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 29 January 2025.

Questions about 305, Terraces Marasi Drive

What did unit 305 last sell for?

AED 2,902,083 on 29 January 2025: AED 1,851 per sqft for 1,567 sqft. The unit has 2 registered sales; the first was AED 2,490,000 in March 2024.

How big is unit 305?

1,567 sqft (145.6 sqm): a one-bedroom apartment on the 3rd floor of a 19-storey tower completed in 2024.

What is unit 305 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 305, Terraces Marasi Drive

Starts from the last sale price (AED 2.9M, 29 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,902,083
Deposit, UAE resident (20%)
AED 580,417
Deposit, non-resident (40%)
AED 1,160,833
Monthly over 25 years at 3.7%
AED 11,873

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