502, Terraces Marasi Drive
Sold prices and rental history: sold once, by the developer in March 2024, and rented once, from September 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Terraces Marasi Drive
What is 502 worth today?
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Source: Dubai Land Department. Updated 3 September 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 2,483 sqft
- Floor
- 5th of 19
- Parking
- 1
- Developer
- Key Mavens For Real Estate Development
- Completed
- 2024
- Last sold
- AED 5.12M · March 2024
- Building
- Terraces Marasi Drive
About 502, Terraces Marasi Drive
502 is a two-bedroom apartment of 2,483 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 . The developer sold it on 19 March 2024 for AED 5,120,000, or AED 2,062 per sqft, 6% below the AED 2,196 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 3 September 2025. The current contract, signed on 3 September 2025, is AED 240,000 a year: a gross yield of 4.7% on the 2024 price.
Sales and rents for 502 over time
502 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 502 sits
All 46 2-beds →502 last sold in March 2024 at AED 2,062 per sqft, 6% below what two-beds in Terraces Marasi Drive were fetching at the time (AED 2,196). 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. 502's AED 240,000 is in the upper 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 5th floor
All 121 units in Terraces Marasi Drive| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 1,511 sqft | AED 3.13MAED 3,130,000 · Sep 2025September 2025 | ||
| 503 | 2-bed | 2,139 sqft | AED 5.1MAED 5,100,100 · Apr 2026April 2026 | 396,000 /yr | |
| 504 | 2-bed | 2,519 sqft | AED 5MAED 5,000,000 · Jan 2026January 2026 | ||
| 505 | 1-bed | 1,518 sqft | AED 2.49MAED 2,492,400 · Dec 2023December 2023 | 149,598 /yr | |
| 506 | 1-bed | 1,251 sqft | AED 1.73MAED 1,730,000 · Jan 2024January 2024 | ||
| 507 | 1-bed | 1,257 sqft | AED 1.7MAED 1,696,977 · Mar 2024March 2024 | 140,000 /yr | |
| 508 | 1-bed | 1,105 sqft | AED 1.75MAED 1,750,000 · Jun 2026June 2026 | 110,000 /yr | |
| 509 | 2-bed | 1,403 sqft | AED 2.58MAED 2,580,000 · Nov 2024November 2024 | ||
| 510 | 1-bed | 1,085 sqft | AED 2.03MAED 2,033,000 · Nov 2023November 2023 | 119,290 /yr |
502, Terraces Marasi Drive in numbers
- Sold once: by Key Mavens For Real Estate Development on 19 March 2024 for AED 5,120,000, or AED 2,062 per sqft.
- Rented since September 2025 on one Ejari contract, at AED 240,000 a year.
- At AED 240,000 a year the gross yield on the 2024 price is 4.7%.
- 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 3 September 2025.
Questions about 502, Terraces Marasi Drive
What did unit 502 last sell for?
AED 5,120,000 on 19 March 2024, sold by the developer: AED 2,062 per sqft for 2,483 sqft. It is the only registered sale of the unit.
What is the rent for unit 502?
AED 240,000 a year on the contract signed on 3 September 2025.
How big is unit 502?
2,483 sqft (230.7 sqm): a two-bedroom apartment on the 5th floor of a 19-storey tower completed in 2024.
What is unit 502 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 502, Terraces Marasi Drive
Starts from the last sale price (AED 5.12M, 19 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 5,120,000
- Deposit, UAE resident (20%)
- AED 1,024,000
- Deposit, non-resident (40%)
- AED 2,048,000
- Monthly over 25 years at 3.7%
- AED 20,948
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →