308, Terraces Marasi Drive
Sold prices and rental history: sold 3 times, last in May 2025, and rented since 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, Terraces Marasi Drive
What is 308 worth today?
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Source: Dubai Land Department. Updated 15 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,430 sqft
- Floor
- 3rd of 19
- Parking
- P3-26
- Developer
- Key Mavens For Real Estate Development
- Completed
- 2024
- Last sold
- AED 3.38M · May 2025
- Building
- Terraces Marasi Drive
About 308, Terraces Marasi Drive
308 is a two-bedroom apartment of 1,430 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 8 May 2025 for AED 3,380,000, or AED 2,363 per sqft, 8% above the AED 2,184 two-beds in the building were fetching at the time.
It has been rented since 2026 on 3 Ejari contracts. The current contract, signed on 15 September 2026, is AED 195,000 a year: a gross yield of 5.8% on the 2025 price.
Sales and rents for 308 over time
308 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 308 sits
All 46 2-beds →308 last sold in May 2025 at AED 2,363 per sqft, 8% above what two-beds in Terraces Marasi Drive were fetching at the time (AED 2,184). 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. 308's AED 195,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Apr 202629 April 2026 | 2,139 sqft | 5,100,100 | 2,384 | ||
| 7 Apr 20267 April 2026 | 2,312 sqft | 3,579,559 | 1,548 | ||
| 3 Apr 20263 April 2026 | 567 sqft | 947,356 | 1,670 | ||
| 25 Mar 202625 March 2026 | 2,519 sqft | 5,800,000 | 2,302 |
Terraces Marasi Drive
Building121 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%
Other units on the 3rd floor
All 121 units in Terraces Marasi Drive| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 1,513 sqft | AED 2.34MAED 2,343,600 · Nov 2023November 2023 | 189,491 /yr | |
| 302 | 2-bed | 2,521 sqft | AED 5MAED 5,000,000 · Oct 2025October 2025 | 340,000 /yr | |
| 303 | 2-bed | 2,142 sqft | AED 4.72MAED 4,715,000 · Mar 2026March 2026 | ||
| 304 | 3-bed | 3,897 sqft | AED 7.7MAED 7,700,000 · Oct 2023October 2023 | 451,500 /yr | |
| 305 | 1-bed | 1,567 sqft | AED 2.9MAED 2,902,083 · Jan 2025January 2025 | ||
| 306 | 2-bed | 2,433 sqft | AED 3.6MAED 3,600,000 · Apr 2024April 2024 | ||
| 307 | 1-bed | 1,122 sqft | AED 1.6MAED 1,595,000 · Jan 2024January 2024 | 152,000 /yr | |
| 309 | 1-bed | 1,085 sqft | AED 2.05MAED 2,050,000 · Jul 2024July 2024 | 149,000 /yr |
308, Terraces Marasi Drive in numbers
- Sold 3 times: first on 23 November 2023 for AED 2,354,150, last on 8 May 2025 for AED 3,380,000 (AED 2,363 per sqft).
- Rented since August 2026 on 3 Ejari contracts, from AED 225,000 to AED 195,000 a year.
- At AED 195,000 a year the gross yield on the 2025 price is 5.8%.
- 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 15 September 2026.
Questions about 308, Terraces Marasi Drive
What did unit 308 last sell for?
AED 3,380,000 on 8 May 2025: AED 2,363 per sqft for 1,430 sqft. The unit has 3 registered sales; the first was AED 2,354,150 in November 2023.
What is the rent for unit 308?
AED 195,000 a year on the contract signed on 15 September 2026. The previous contract, from September 2026, was AED 230,000; the unit has been rented since August 2026.
How big is unit 308?
1,430 sqft (132.9 sqm): a two-bedroom apartment on the 3rd floor of a 19-storey tower completed in 2024.
What is unit 308 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 308, Terraces Marasi Drive
Starts from the last sale price (AED 3.38M, 8 May 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 3,380,000
- Deposit, UAE resident (20%)
- AED 676,000
- Deposit, non-resident (40%)
- AED 1,352,000
- Monthly over 25 years at 3.7%
- AED 13,829
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →