508, Terraces Marasi Drive
Sold prices and rental history: sold twice, last in June 2026, and rented once, from August 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Terraces Marasi Drive
What is 508 worth today?
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Source: Dubai Land Department. Updated 19 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,105 sqft
- Floor
- 5th of 19
- Parking
- P3-43
- Developer
- Key Mavens For Real Estate Development
- Completed
- 2024
- Last sold
- AED 1.75M · June 2026
- Building
- Terraces Marasi Drive
About 508, Terraces Marasi Drive
508 is a one-bedroom apartment of 1,105 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 17 June 2026 for AED 1,750,000, or AED 1,583 per sqft, 9% below the AED 1,749 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 19 August 2026. The current contract, signed on 19 August 2026, is AED 110,000 a year: a gross yield of 6.3% on the 2026 price.
Sales and rents for 508 over time
508 has sold twice; 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 508 sits
All 71 1-beds →508 last sold in June 2026 at AED 1,583 per sqft, 9% below what one-beds in Terraces Marasi Drive were fetching at the time (AED 1,749). 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. 508's AED 110,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 | ||
| 11 Sep 202511 September 2025 | 1,315 sqft | 2,200,000 | 1,672 |
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 | |
| 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 | |
| 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 |
508, Terraces Marasi Drive in numbers
- Sold twice: first on 25 June 2024 for AED 1,720,000, last on 17 June 2026 for AED 1,750,000 (AED 1,583 per sqft).
- Rented since August 2026 on one Ejari contract, at AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2026 price is 6.3%.
- 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 19 August 2026.
Questions about 508, Terraces Marasi Drive
What did unit 508 last sell for?
AED 1,750,000 on 17 June 2026: AED 1,583 per sqft for 1,105 sqft. The unit has 2 registered sales; the first was AED 1,720,000 in June 2024.
What is the rent for unit 508?
AED 110,000 a year on the contract signed on 19 August 2026.
How big is unit 508?
1,105 sqft (102.7 sqm): a one-bedroom apartment on the 5th floor of a 19-storey tower completed in 2024.
What is unit 508 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 508, Terraces Marasi Drive
Starts from the last sale price (AED 1.75M, 17 June 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 1,750,000
- Deposit, UAE resident (20%)
- AED 350,000
- Deposit, non-resident (40%)
- AED 700,000
- Monthly over 25 years at 3.7%
- AED 7,160
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →