402, Terraces Marasi Drive
Sold prices and rental history: sold once, by the developer in October 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, Terraces Marasi Drive
What is 402 worth today?
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Source: Dubai Land Department. Updated 18 October 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,433 sqft
- Floor
- 4th of 19
- Parking
- 1
- Developer
- Key Mavens For Real Estate Development
- Completed
- 2024
- Last sold
- AED 2.41M · October 2023
- Building
- Terraces Marasi Drive
About 402, Terraces Marasi Drive
402 is a two-bedroom apartment of 1,433 sqft on the 4th floor of Terraces Marasi Drive, a 19-storey tower in Business Bay completed in 2024 by Key Mavens For Real Estate Development . The developer sold it on 18 October 2023 for AED 2,410,000, or AED 1,681 per sqft.
No rental contract for the unit is registered on Ejari.
Sales and rents for 402 over time
402 has sold once; 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 402 sits
All 46 2-beds →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.
| 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 4th floor
All 121 units in Terraces Marasi Drive402, Terraces Marasi Drive in numbers
- Sold once: by Key Mavens For Real Estate Development on 18 October 2023 for AED 2,410,000, or AED 1,681 per sqft.
- 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 18 October 2023.
Questions about 402, Terraces Marasi Drive
What did unit 402 last sell for?
AED 2,410,000 on 18 October 2023, sold by the developer: AED 1,681 per sqft for 1,433 sqft. It is the only registered sale of the unit.
How big is unit 402?
1,433 sqft (133.1 sqm): a two-bedroom apartment on the 4th floor of a 19-storey tower completed in 2024.
What is unit 402 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 402, Terraces Marasi Drive
Starts from the last sale price (AED 2.41M, 18 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,410,000
- Deposit, UAE resident (20%)
- AED 482,000
- Deposit, non-resident (40%)
- AED 964,000
- Monthly over 25 years at 3.7%
- AED 9,860
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →