506, Terraces Marasi Drive
Sold prices and rental history: sold once, by the developer in January 2024, 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 506, Terraces Marasi Drive
What is 506 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 4 January 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,251 sqft
- Floor
- 5th of 19
- Parking
- 1
- Developer
- Key Mavens For Real Estate Development
- Completed
- 2024
- Last sold
- AED 1.73M · January 2024
- Building
- Terraces Marasi Drive
About 506, Terraces Marasi Drive
506 is a one-bedroom apartment of 1,251 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 4 January 2024 for AED 1,730,000, or AED 1,382 per sqft, 15% below the AED 1,635 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 506 over time
506 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 506 sits
All 71 1-beds →506 last sold in January 2024 at AED 1,382 per sqft, 15% below what one-beds in Terraces Marasi Drive were fetching at the time (AED 1,635). 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 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 | ||
| 505 | 1-bed | 1,518 sqft | AED 2.49MAED 2,492,400 · Dec 2023December 2023 | 149,598 /yr | |
| 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 |
506, Terraces Marasi Drive in numbers
- Sold once: by Key Mavens For Real Estate Development on 4 January 2024 for AED 1,730,000, or AED 1,382 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 4 January 2024.
Questions about 506, Terraces Marasi Drive
What did unit 506 last sell for?
AED 1,730,000 on 4 January 2024, sold by the developer: AED 1,382 per sqft for 1,251 sqft. It is the only registered sale of the unit.
How big is unit 506?
1,251 sqft (116.2 sqm): a one-bedroom apartment on the 5th floor of a 19-storey tower completed in 2024.
What is unit 506 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.
Selling 506? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 506, Terraces Marasi Drive
Starts from the last sale price (AED 1.73M, 4 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,730,000
- Deposit, UAE resident (20%)
- AED 346,000
- Deposit, non-resident (40%)
- AED 692,000
- Monthly over 25 years at 3.7%
- AED 7,078
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →