Terraces Marasi Drive, Business Bay

    Sold Prices · DLD Data

    Terraces Marasi Drive

    Business Bay, Dubai · Business Bay

    AED 1,911

    Avg Price / sqft

    AED 4.8M

    Avg Sale Price

    14

    DLD Sales Recorded

    6.7%

    Est. Gross Yield

    Market snapshot

    Terraces Marasi Drive — the numbers

    Terraces Marasi Drive is a residential building in Business Bay, Dubai with approximately 125 units. Dubai Land Department records show 14 sales in the building, at an average price of AED 4.8M — around AED 1,911 per square foot.

    Since January 2026, 13 sales completed in Terraces Marasi Drive, with the average price per square foot moving from AED 2,205 to AED 1,578 (-28.4%). That softening can open negotiating room for buyers.

    Benchmarked against average residential rents in Business Bay, a typical unit in Terraces Marasi Drive returns an estimated 6.7% gross rental yield before service charges — a useful starting point for investors comparing towers across Business Bay.

    Figures are from Dubai Land Department transaction records for Terraces Marasi Drive; individual units vary by floor, view and finish. Gross yield is estimated against average Business Bay residential rents, before service charges.

    Price trend

    Price trend in Terraces Marasi Drive

    Average sale price per sqft by month since January 2026 (single-sale months excluded)-28.4%

    1,6671,9362,204Jan 26: AED 2,205/sqft · 2 salesJan 26Feb 26: AED 2,293/sqft · 3 salesFeb 26Mar 26: AED 1,893/sqft · 4 salesMar 26Apr 26: AED 1,578/sqft · 4 salesApr 26

    Unit types

    Prices by unit type

    1 Bed

    AED 1.9M

    AED 1,725/sqft

    3 sales · last 12 months

    2 Bed

    AED 4.3M

    AED 2,020/sqft

    10 sales · last 12 months

    4 Bed

    AED 18M

    AED 1,379/sqft

    1 sale · last 12 months

    Transactions

    Recent sold prices

    DateTypeBedsSize (sqft)PriceAED/sqft
    17 Jun 2026Sales11,105AED 1.8MAED 1,583
    29 Apr 2026Sales22,139AED 5.1MAED 2,384
    07 Apr 2026Sales22,312AED 3.6MAED 1,548
    07 Apr 2026Sales11,226AED 1.9MAED 1,546
    03 Apr 2026Sales21,135AED 947KAED 835
    26 Mar 2026Sales413,053AED 18MAED 1,379
    25 Mar 2026Sales22,519AED 5.8MAED 2,303
    17 Mar 2026Sales22,142AED 4.7MAED 2,201
    05 Mar 2026Sales22,307AED 3.9MAED 1,691
    25 Feb 2026Sales22,139AED 5.2MAED 2,431
    19 Feb 2026Sales11,002AED 2.0MAED 2,046
    19 Feb 2026Sales22,519AED 6.0MAED 2,402
    22 Jan 2026Sales21,135AED 2.8MAED 2,424
    09 Jan 2026Sales22,519AED 5.0MAED 1,985

    About the area

    Terraces Marasi Drive is in Business Bay

    Business Bay is a dynamic urban community situated adjacent to Dubai's iconic Downtown, catering primarily to professionals and expatriates seeking an engaging city lifestyle. This strategically located area runs alongside the picturesque Dubai Canal, offering residents breathtaking waterfront views and a vibrant atmosphere that harmoniously blends work and leisure.

    Explore the Business Bay area guide

    Nearby

    Other buildings in Business Bay

    FAQ

    Terraces Marasi Drive: frequently asked questions

    What is the average price in Terraces Marasi Drive?

    The average recorded sale price in Terraces Marasi Drive, Business Bay is AED 4.8M, around AED 1,911 per square foot, based on Dubai Land Department transaction data.

    Are prices in Terraces Marasi Drive going up or down?

    Average sale prices in Terraces Marasi Drive have eased -28.4% per square foot since January 2026, across 13 DLD-recorded sales.

    What rental yield can I expect in Terraces Marasi Drive?

    Based on average Business Bay residential rents against sale prices in the building, a typical unit in Terraces Marasi Drive yields roughly 6.7% gross per year, before service charges and fees.

    How many properties have sold in Terraces Marasi Drive?

    14 sales have been recorded in Terraces Marasi Drive according to DLD data, across approximately 125 units.

    Considering Terraces Marasi Drive?

    Get honest, DLD-backed guidance on pricing, yields and availability in Business Bay from Binayah's advisors — no pressure, just the numbers.

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