505, Terraces Marasi Drive
Sold prices and rental history: sold once, by the developer in December 2023, and rented once, from December 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Terraces Marasi Drive
What is 505 worth today?
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Source: Dubai Land Department. Updated 12 December 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,518 sqft
- Floor
- 5th of 19
- Parking
- P3-20
- Developer
- Key Mavens For Real Estate Development
- Completed
- 2024
- Last sold
- AED 2.49M · December 2023
- Building
- Terraces Marasi Drive
About 505, Terraces Marasi Drive
505 is a one-bedroom apartment of 1,518 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 5 December 2023 for AED 2,492,400, or AED 1,642 per sqft, in line with the AED 1,642 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 12 December 2025. The current contract, signed on 12 December 2025, is AED 149,598 a year: a gross yield of 6.0% on the 2023 price.
Sales and rents for 505 over time
505 has sold once; the dashed line is the one-bed median of each year in the building.
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 505 sits
All 71 1-beds →505 last sold in December 2023 at AED 1,642 per sqft, in line with what one-beds in Terraces Marasi Drive were fetching at the time (AED 1,642). 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. 505's AED 149,598 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Jun 202617 June 2026 | 1,105 sqft | 1,750,000 | 1,583 | ||
| 7 Apr 20267 April 2026 | 1,226 sqft | 1,896,000 | 1,545 | ||
| 19 Feb 202619 February 2026 | 1,002 sqft | 2,050,000 | 2,045 | ||
| 12 Nov 202512 November 2025 | 1,051 sqft | 2,011,000 | 1,912 |
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 | ||
| 502 | 2-bed | 2,483 sqft | AED 5.12MAED 5,120,000 · Mar 2024March 2024 | 240,000 /yr | |
| 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 | ||
| 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 |
505, Terraces Marasi Drive in numbers
- Sold once: by Key Mavens For Real Estate Development on 5 December 2023 for AED 2,492,400, or AED 1,642 per sqft.
- Rented since December 2025 on one Ejari contract, at AED 149,598 a year.
- At AED 149,598 a year the gross yield on the 2023 price is 6.0%.
- 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 12 December 2025.
Questions about 505, Terraces Marasi Drive
What did unit 505 last sell for?
AED 2,492,400 on 5 December 2023, sold by the developer: AED 1,642 per sqft for 1,518 sqft. It is the only registered sale of the unit.
What is the rent for unit 505?
AED 149,598 a year on the contract signed on 12 December 2025.
How big is unit 505?
1,518 sqft (141.0 sqm): a one-bedroom apartment on the 5th floor of a 19-storey tower completed in 2024.
What is unit 505 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 505, Terraces Marasi Drive
Starts from the last sale price (AED 2.49M, 5 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,492,400
- Deposit, UAE resident (20%)
- AED 498,480
- Deposit, non-resident (40%)
- AED 996,960
- Monthly over 25 years at 3.7%
- AED 10,197
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →