2-bed · 2,139 sqftTerraces Marasi Drive, Business Bay · 5th floor · completed 2024

503, Terraces Marasi Drive

Sold prices and rental history: sold 3 times, last in April 2026, and rented continuously since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 29 April 2026
Last soldAED 5.1M29 April 2026
Current rentAED 216K /yr1 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Terraces Marasi Drive

What is 503 worth today?

Last sold for AED 5,100,100 in 2026

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29 Apr 2026SoldReady
AED 5,100,100AED 2,384 per sqft
1 Apr 2025RentedNew contract
AED 216,000/yr108 months · AED 101 per sqft
1 Apr 2025RentedNew contract
AED 396,000/yr108 months · AED 185 per sqft
1 Apr 2025RentedNew contract
AED 216,000/yr108 months · AED 101 per sqft
1 Apr 2025RentedNew contract
AED 420,000/yr108 months · AED 196 per sqft
1 Apr 2025RentedNew contract
AED 420,000/yr108 months · AED 196 per sqft
1 Apr 2025RentedNew contract
AED 396,000/yr108 months · AED 185 per sqft
13 Mar 2025SoldReady
AED 5,100,000AED 2,384 per sqft

Source: Dubai Land Department. Updated 29 April 2026.

Key facts

Type
2-bed apartment
Size
2,139 sqft
Floor
5th of 19
Parking
P1-01
Developer
Key Mavens For Real Estate Development
Completed
2024
Last sold
AED 5.1M · April 2026

About 503, Terraces Marasi Drive

503 is a two-bedroom apartment of 2,139 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 29 April 2026 for AED 5,100,100, or AED 2,384 per sqft, 10% above the AED 2,173 two-beds in the building were fetching at the time.

It has been rented continuously since 2025 on 6 Ejari contracts. The current contract, signed on 1 April 2025, is AED 216,000 a year: a gross yield of 4.2% on the 2026 price.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical two-bed in Terraces Marasi Drive
4M20232024202520262027Typical sale price by year: 2023 AED 2,686,400; 2024 AED 3,600,000; 2025 AED 5,100,000; 2026 AED 4,857,500Sold by developer, March 2024: AED 5,082,500 (AED 2,376 per sqft)Sold, March 2025: AED 5,100,000 (AED 2,384 per sqft)Sold, April 2026: AED 5,100,100 (AED 2,384 per sqft)

503 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 503, each contractTypical two-bed in Terraces Marasi Drive
200K300K400K202520262027Typical rent by year: 2025 AED 270,000; 2026 AED 230,000New contract, April 2025: AED 216,000 a yearNew contract, April 2025: AED 396,000 a yearNew contract, April 2025: AED 216,000 a yearNew contract, April 2025: AED 420,000 a yearNew contract, April 2025: AED 420,000 a yearNew contract, April 2025: AED 396,000 a year

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 503 sits

All 46 2-beds →

503 last sold in April 2026 at AED 2,384 per sqft, 10% above what two-beds in Terraces Marasi Drive were fetching at the time (AED 2,173). 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. 503's AED 216,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Apr 20263,579,559
3 Apr 2026947,356
25 Mar 20265,800,000
17 Mar 20264,715,000
11 2-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
5011-bedAED 3.13M · Sep 2025
5022-bedAED 5.12M · Mar 2024
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

503, Terraces Marasi Drive in numbers

  • Sold 3 times: first on 19 March 2024 for AED 5,082,500, last on 29 April 2026 for AED 5,100,100 (AED 2,384 per sqft).
  • Rented since April 2025 on 6 Ejari contracts, from AED 396,000 to AED 216,000 a year.
  • At AED 216,000 a year the gross yield on the 2026 price is 4.2%.
  • 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 29 April 2026.

Questions about 503, Terraces Marasi Drive

What did unit 503 last sell for?

AED 5,100,100 on 29 April 2026: AED 2,384 per sqft for 2,139 sqft. The unit has 3 registered sales; the first was AED 5,082,500 in March 2024.

What is the rent for unit 503?

AED 216,000 a year on the contract signed on 1 April 2025. The previous contract, from April 2025, was AED 396,000; the unit has been rented since April 2025.

How big is unit 503?

2,139 sqft (198.7 sqm): a two-bedroom apartment on the 5th floor of a 19-storey tower completed in 2024.

What is unit 503 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 503, Terraces Marasi Drive

Starts from the last sale price (AED 5.1M, 29 April 2026). Switch to today's estimate once you have unlocked it.
Price
AED 5,100,100
Deposit, UAE resident (20%)
AED 1,020,020
Deposit, non-resident (40%)
AED 2,040,040
Monthly over 25 years at 3.7%
AED 20,866

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