1-bed · 1,085 sqftTerraces Marasi Drive, Business Bay · 3rd floor · completed 2024

309, Terraces Marasi Drive

Sold prices and rental history: sold twice, last in July 2024, and rented once, from September 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 30 September 2025
Last soldAED 2.05M23 July 2024
Current rentAED 149K /yr30 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Terraces Marasi Drive

What is 309 worth today?

Last sold for AED 2,050,000 in 2024

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30 Sep 2025RentedNew contract
AED 149,000/yr12 months · AED 137 per sqft
23 Jul 2024SoldOff-plan
AED 2,050,000AED 1,890 per sqft
5 Dec 2023Sold by developerOff-plan
AED 1,795,000AED 1,655 per sqft

Source: Dubai Land Department. Updated 30 September 2025.

Key facts

Type
1-bed apartment
Size
1,085 sqft
Floor
3rd of 19
Parking
1
Developer
Key Mavens For Real Estate Development
Completed
2024
Last sold
AED 2.05M · July 2024

About 309, Terraces Marasi Drive

309 is a one-bedroom apartment of 1,085 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 23 July 2024 for AED 2,050,000, or AED 1,890 per sqft, 15% above the AED 1,638 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 30 September 2025. The current contract, signed on 30 September 2025, is AED 149,000 a year: a gross yield of 7.3% on the 2024 price.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical one-bed in Terraces Marasi Drive
1.8M2M2.2M20232024202520262027Typical 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, December 2023: AED 1,795,000 (AED 1,655 per sqft)Sold, July 2024: AED 2,050,000 (AED 1,890 per sqft)

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

Rents
Unit 309, each contractTypical one-bed in Terraces Marasi Drive
120K140K202520262027Typical rent by year: 2025 AED 140,000; 2026 AED 124,000New contract, September 2025: AED 149,000 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 309 sits

All 71 1-beds →

309 last sold in July 2024 at AED 1,890 per sqft, 15% above 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. 309's AED 149,000 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 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
3051-bedAED 2.9M · Jan 2025
3062-bedAED 3.6M · Apr 2024
3071-bedAED 1.6M · Jan 2024
1–7 of 8

309, Terraces Marasi Drive in numbers

  • Sold twice: first on 5 December 2023 for AED 1,795,000, last on 23 July 2024 for AED 2,050,000 (AED 1,890 per sqft).
  • Rented since September 2025 on one Ejari contract, at AED 149,000 a year.
  • At AED 149,000 a year the gross yield on the 2024 price is 7.3%.
  • 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 30 September 2025.

Questions about 309, Terraces Marasi Drive

What did unit 309 last sell for?

AED 2,050,000 on 23 July 2024: AED 1,890 per sqft for 1,085 sqft. The unit has 2 registered sales; the first was AED 1,795,000 in December 2023.

What is the rent for unit 309?

AED 149,000 a year on the contract signed on 30 September 2025.

How big is unit 309?

1,085 sqft (100.8 sqm): a one-bedroom apartment on the 3rd floor of a 19-storey tower completed in 2024.

What is unit 309 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 309, Terraces Marasi Drive

Starts from the last sale price (AED 2.05M, 23 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,050,000
Deposit, UAE resident (20%)
AED 410,000
Deposit, non-resident (40%)
AED 820,000
Monthly over 25 years at 3.7%
AED 8,387

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