1-bed · 1,511 sqftTerraces Marasi Drive, Business Bay · 5th floor · completed 2024

501, Terraces Marasi Drive

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

Unit 501 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 3.13M1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Terraces Marasi Drive

What is 501 worth today?

Last sold for AED 3,130,000 in 2025

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1 Sep 2025SoldReady
AED 3,130,000AED 2,071 per sqft
23 Nov 2023Sold by developerOff-plan
AED 2,495,000AED 1,648 per sqft

Source: Dubai Land Department. Updated 1 September 2025.

Key facts

Type
1-bed apartment
Size
1,511 sqft
Floor
5th of 19
Parking
P3-19
Developer
Key Mavens For Real Estate Development
Completed
2024
Last sold
AED 3.13M · September 2025

About 501, Terraces Marasi Drive

501 is a one-bedroom apartment of 1,511 sqft on the 5th 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 1 September 2025 for AED 3,130,000, or AED 2,071 per sqft, 17% above the AED 1,774 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical one-bed in Terraces Marasi Drive
2M3M20232024202520262027Typical 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, November 2023: AED 2,495,000 (AED 1,648 per sqft)Sold, September 2025: AED 3,130,000 (AED 2,071 per sqft)

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

Rents
Unit 501, 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 501 sits

All 71 1-beds →

501 last sold in September 2025 at AED 2,071 per sqft, 17% above what one-beds in Terraces Marasi Drive were fetching at the time (AED 1,774). 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 5th floor

All 121 units in Terraces Marasi Drive
Value
5022-bedAED 5.12M · Mar 2024
5032-bedAED 5.1M · Apr 2026
5042-bedAED 5M · Jan 2026
5051-bedAED 2.49M · Dec 2023
5061-bedAED 1.73M · Jan 2024
5071-bedAED 1.7M · Mar 2024
5081-bedAED 1.75M · Jun 2026
1–7 of 9

501, Terraces Marasi Drive in numbers

  • Sold twice: first on 23 November 2023 for AED 2,495,000, last on 1 September 2025 for AED 3,130,000 (AED 2,071 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 1 September 2025.

Questions about 501, Terraces Marasi Drive

What did unit 501 last sell for?

AED 3,130,000 on 1 September 2025: AED 2,071 per sqft for 1,511 sqft. The unit has 2 registered sales; the first was AED 2,495,000 in November 2023.

How big is unit 501?

1,511 sqft (140.4 sqm): a one-bedroom apartment on the 5th floor of a 19-storey tower completed in 2024.

What is unit 501 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 501, Terraces Marasi Drive

Starts from the last sale price (AED 3.13M, 1 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,130,000
Deposit, UAE resident (20%)
AED 626,000
Deposit, non-resident (40%)
AED 1,252,000
Monthly over 25 years at 3.7%
AED 12,806

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