704, Terraces Marasi Drive
Sold prices and rental history: sold once, by the developer in December 2023, and rented once, from October 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 704, Terraces Marasi Drive
What is 704 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 15 October 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,085 sqft
- Floor
- 7th of 19
- Parking
- 1
- Developer
- Key Mavens For Real Estate Development
- Completed
- 2024
- Last sold
- AED 2.01M · December 2023
- Building
- Terraces Marasi Drive
About 704, Terraces Marasi Drive
704 is a one-bedroom apartment of 1,085 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 5 December 2023 for AED 2,008,800, or AED 1,851 per sqft, 13% above the AED 1,642 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 15 October 2025. The current contract, signed on 15 October 2025, is AED 130,000 a year: a gross yield of 6.5% on the 2023 price.
Sales and rents for 704 over time
704 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 704 sits
All 71 1-beds →704 last sold in December 2023 at AED 1,851 per sqft, 13% above 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. 704's AED 130,000 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 7th floor
All 121 units in Terraces Marasi Drive| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 2,007 sqft | AED 4.17MAED 4,170,000 · Nov 2023November 2023 | 300,000 /yr | |
| 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 | |
| 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 |
704, Terraces Marasi Drive in numbers
- Sold once: by Key Mavens For Real Estate Development on 5 December 2023 for AED 2,008,800, or AED 1,851 per sqft.
- Rented since October 2025 on one Ejari contract, at AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2023 price is 6.5%.
- 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 15 October 2025.
Questions about 704, Terraces Marasi Drive
What did unit 704 last sell for?
AED 2,008,800 on 5 December 2023, sold by the developer: AED 1,851 per sqft for 1,085 sqft. It is the only registered sale of the unit.
What is the rent for unit 704?
AED 130,000 a year on the contract signed on 15 October 2025.
How big is unit 704?
1,085 sqft (100.8 sqm): a one-bedroom apartment on the 7th floor of a 19-storey tower completed in 2024.
What is unit 704 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 704? 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 704, Terraces Marasi Drive
Starts from the last sale price (AED 2.01M, 5 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,008,800
- Deposit, UAE resident (20%)
- AED 401,760
- Deposit, non-resident (40%)
- AED 803,520
- Monthly over 25 years at 3.7%
- AED 8,219
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →