701, Terraces Marasi Drive
Sold prices and rental history: sold once, by the developer in November 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Terraces Marasi Drive
What is 701 worth today?
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Source: Dubai Land Department. Updated 18 April 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 2,007 sqft
- Floor
- 7th of 19
- Parking
- 1
- Developer
- Key Mavens For Real Estate Development
- Completed
- 2024
- Last sold
- AED 4.17M · November 2023
- Building
- Terraces Marasi Drive
About 701, Terraces Marasi Drive
701 is a two-bedroom apartment of 2,007 sqft on the 7th 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 13 November 2023 for AED 4,170,000, or AED 2,077 per sqft, 10% below the AED 2,318 two-beds in the building were fetching at the time.
It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 18 April 2026, is AED 300,000 a year: a gross yield of 7.2% on the 2023 price.
Sales and rents for 701 over time
701 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 701 sits
All 46 2-beds →701 last sold in November 2023 at AED 2,077 per sqft, 10% below what two-beds in Terraces Marasi Drive were fetching at the time (AED 2,318). 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. 701's AED 300,000 is at the top 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 7th floor
All 121 units in Terraces Marasi Drive| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 1-bed | 1,071 sqft | AED 2.68MAED 2,680,000 · Oct 2023October 2023 | ||
| 703 | 2-bed | 2,143 sqft | AED 3.8MAED 3,800,000 · Feb 2025February 2025 | 250,000 /yr | |
| 704 | 1-bed | 1,085 sqft | AED 2.01MAED 2,008,800 · Dec 2023December 2023 | 130,000 /yr | |
| 705 | 1-bed | 1,138 sqft | AED 1.68MAED 1,680,000 · Nov 2023November 2023 | ||
| 706 | 1-bed | 1,051 sqft | AED 2.01MAED 2,011,000 · Nov 2025November 2025 | ||
| 707 | 1-bed | 1,315 sqft | AED 2.2MAED 2,200,000 · Sep 2025September 2025 | 105,000 /yr | |
| 708 | 1-bed | 1,085 sqft | AED 1.91MAED 1,912,800 · Mar 2024March 2024 |
701, Terraces Marasi Drive in numbers
- Sold once: by Key Mavens For Real Estate Development on 13 November 2023 for AED 4,170,000, or AED 2,077 per sqft.
- Rented since April 2025 on 3 Ejari contracts, from AED 305,000 to AED 300,000 a year.
- At AED 300,000 a year the gross yield on the 2023 price is 7.2%.
- 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 18 April 2026.
Questions about 701, Terraces Marasi Drive
What did unit 701 last sell for?
AED 4,170,000 on 13 November 2023, sold by the developer: AED 2,077 per sqft for 2,007 sqft. It is the only registered sale of the unit.
What is the rent for unit 701?
AED 300,000 a year on the contract signed on 18 April 2026. The previous contract, from April 2025, was AED 305,000; the unit has been rented since April 2025.
How big is unit 701?
2,007 sqft (186.5 sqm): a two-bedroom apartment on the 7th floor of a 19-storey tower completed in 2024.
What is unit 701 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 701, Terraces Marasi Drive
Starts from the last sale price (AED 4.17M, 13 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 4,170,000
- Deposit, UAE resident (20%)
- AED 834,000
- Deposit, non-resident (40%)
- AED 1,668,000
- Monthly over 25 years at 3.7%
- AED 17,061
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →