Terraces Marasi Drive, Business Bay: sale prices and transactions
Terraces Marasi Drive is a project registered with the Dubai Land Department (project no. 2568) in Business Bay. Since October 2023, 154 residential sales have been registered there, the latest in June 2026. Over the last 12 months, 17 sales closed at a median AED 21,368 per m² (AED 1,985 per sq ft).
- AED 21,368median price per m²
- AED 1,985median price per sq ft
- 154sales since 2023
- 17sales in 12 months
Its price per m² is 16.3% below the Business Bay median (AED 25,523/m²). Most sales (72.7%) were registered off-plan: the project was sold before completion.
Terraces Marasi Drive prices by bedroom
Median sale price and median size, DLD sales over the last 12 months (at least 3 sales per row).
| Unit type | Sales | Median price | Median size |
|---|---|---|---|
| Apartment · 1 bedroom | 4 | AED 1,953,500 | 100 m² |
| Apartment · 2 bedrooms | 12 | AED 4,857,500 | 207 m² |
Terraces Marasi Drive price history
| Year | Sales | Median / m² | Median / sq ft | Change |
|---|---|---|---|---|
| 2023 | 55 | AED 18,032 | AED 1,675 | — |
| 2024 | 60 | AED 19,446 | AED 1,807 | +7.8% |
| 2025 | 25 | AED 21,162 | AED 1,966 | +8.8% |
| 2026 (to mid-October) | 14 | AED 21,695 | AED 2,016 | +2.5% |
Terraces Marasi Drive rents
46 Ejari contracts started in the project over the last 12 months. Indicative gross yield: 2 bedrooms 5.1%.
| Unit type | Contracts | Median annual rent | Middle 50% range | New leases |
|---|---|---|---|---|
| Apartment · 1 bedroom | 32 | AED 135,000 | 110,000 – 151,500 | AED 132,500 |
| Apartment · 2 bedrooms | 12 | AED 246,000 | 216,250 – 265,564 | AED 231,000 |
Location
- Nearest metro: Buj Khalifa Dubai Mall Metro Station
- Shopping mall: Dubai Mall
- Landmark: Downtown Dubai
Neighbouring projects in Business Bay
Same price per m² elsewhere in Dubai
- Distrikt, Wadi Al Safa 4 — AED 21,364/m²
- Oasiz 1 by Danube, Silicon Oasis — AED 21,376/m²
- Azizi Venice 2, Dubai World Central — AED 21,352/m²
- Future Residence, Bukadra — AED 21,392/m²
Other projects in Business Bay
- J One — AED 21,203/m²
- SLS Dubai — AED 21,626/m²
- The Sterling West House — AED 21,103/m²
- Reva Residences — AED 21,734/m²
- Vyb — AED 21,786/m²
- Marquise Square Tower — AED 21,810/m²
- Paramount Tower Hotel & Residences — AED 21,917/m²
- Binghatti Canal — AED 21,918/m²
Business Bay property prices · Business Bay rents · Dubai property prices
Frequently asked questions
What is the price per sq ft at Terraces Marasi Drive?
Over the last 12 months the median is AED 1,985 per sq ft (AED 21,368 per m²) across 17 DLD sales.
How much is a 1 bedroom at Terraces Marasi Drive?
Median sale price AED 1,953,500 for a median 100 m², across 4 sales over the last 12 months.
How many sales have been registered at Terraces Marasi Drive?
154 residential sales registered with the DLD between October 2023 and June 2026, 72.7% of them off-plan.
Where is Terraces Marasi Drive?
In Business Bay, Dubai; nearest metro station per the DLD: Buj Khalifa Dubai Mall Metro Station.
Sources and method
Sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), registered residential sales (apartments, villas and townhouses) from October 16, 2025 to October 16, 2026 for the last 12 months. Price per m² = sale price / registered area; we use the median, which is less sensitive to unusual deals. 1 m² = 10.764 sq ft.
Rents: DLD "Rent Contracts" (Ejari) dataset (data.dubai), single-unit residential contracts starting between October 20, 2025 and October 20, 2026, median annual rent. The gross yield shown is the median rent divided by the median price of the same unit type: a market benchmark, before service charges and vacancy.
Data published under the Dubai Open Data Licence, downloaded on 20 October 2026 and analysed by Cevitas Real Estate. They describe past transactions and are not a valuation or investment advice.