ReadyReady building · Keymaven
Terraces Marasi Drive, Business Bay
Highlights
Terraces Marasi Drive at a glance
About Terraces Marasi Drive
Terraces Marasi Drive is a mixed-use building in Business Bay, Dubai, developed by Keymaven. It holds about 128 units: 1-bedroom apartments, 2-bedroom apartments, 3-bedroom apartments, 4-bedroom apartments, commercial units. Depending on the unit, windows look out over Community.
The building was completed in 2024 and has been in use for about 2 years. 16 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 1,984 per sq ft.
Terraces Marasi Drive is one of 257 buildings in Business Bay: 149 are complete and 61 are still being built.
In a nutshell
- A mixed-use ready building
- Located in Business Bay, Dubai
- Developed by Keymaven
- Completed in Q4 2024
- Unit types: 1 Bed, 2 Beds, 3 Beds, 4 Beds, Commercial
- Sizes from 90 to 13,050 sq ft
- Views: Community View
- Features: Balcony, Barbeque Area, Children's Play Area, Seafront, Security, Shared Pool, Vastu-compliant
- Service charge from AED 16.1 per sq ft
- Burj Khalifa/Dubai Mall metro station 2.4 km away
- Status
- Ready
- Developer
- Keymaven
- Location
- Business Bay, Dubai
- Completed
- Q4 2024
- Unit types
- 1 Bed, 2 Beds, 3 Beds, 4 Beds, Commercial
- Prices from
- AED 1.6M
- Median price per sq ft
- AED 1,984
- Median gross yield
- 6.7%
- Service charge
- AED 21.97 per sq ft (2026)
- Nearest metro
- District 1 near High Speed Rail line, 0.9 km
Photos of Terraces Marasi Drive
Building details
Inside Terraces Marasi Drive
Facilities in Terraces Marasi Drive
Terraces Marasi Drive lists 7 features and facilities for its residents.
- Balcony
- Barbeque Area
- Children's Play Area
- Seafront
- Security
- Shared Pool
- Vastu-compliant
Properties in Terraces Marasi Drive
1-bedroom apartments in Terraces Marasi Drive
There are about 71 of these in Terraces Marasi Drive, from 970 to 1,570 sq ft. They have recently sold for a median of AED 2.0M, or AED 1,750 per sq ft.
2-bedroom apartments in Terraces Marasi Drive
There are about 46 of these in Terraces Marasi Drive, from 1,130 to 2,520 sq ft. They have recently sold for a median of AED 4.7M, or AED 2,200 per sq ft. Owners who resold made a median 115% over what they paid.
3-bedroom apartments in Terraces Marasi Drive
There are about 3 of these in Terraces Marasi Drive, from 3,860 to 3,900 sq ft. None has sold recently enough to quote a price.
4-bedroom apartments in Terraces Marasi Drive
There are about 1 of these in Terraces Marasi Drive, from 13,050 sq ft. They have recently sold for a median of AED 18.0M, or AED 1,380 per sq ft.
Commercial units in Terraces Marasi Drive
There are about 7 of these in Terraces Marasi Drive, from 90 to 1,270 sq ft. None has sold recently enough to quote a price.
| Unit type | Units | Size | Median price | Median rent |
|---|---|---|---|---|
| 1 Bed | 71 | 970 sqft90.1 sqmt – 1,570 sqft145.9 sqmt | AED 2M | AED 106.5K |
| 2 Beds | 46 | 1,130 sqft105 sqmt – 2,520 sqft234.1 sqmt | AED 4.7M | AED 155K |
| 3 Beds | 3 | 3,860 sqft358.6 sqmt – 3,900 sqft362.3 sqmt | No recent sales | – |
| 4 Beds | 1 | 13,050 sqft1,212.4 sqmt | AED 18M | – |
| Commercial | 7 | 90 sqft8.4 sqmt – 1,270 sqft118 sqmt | No recent sales | – |
Sale trends in Terraces Marasi Drive
Median sale price
AED 3.7M
Median per sq ft
AED 1,984
Median gross yield
6.7%
Price ranges from the most recent registered sales, by unit type:
- 2-bedroom apartments: AED 947.4K to AED 6.1M (1,135 to 2,521 sq ft), across 12 sales
- 1-bedroom apartments: AED 1.8M to AED 3.1M (1,002 to 1,511 sq ft), across 7 sales
- 4-bedroom apartments: one sale at AED 18.0M (13,053 sq ft)
Rental trends in Terraces Marasi Drive
2-bedroom homes in Terraces Marasi Drive were let for AED 150.0K to AED 250.0K a year across 3 recent contracts, with a median of AED 155.0K.
Yearly rents from recent registered contracts, by unit type:
- 2-bedroom apartments: AED 150.0K to AED 250.0K a year (1,134 to 2,519 sq ft), across 3 contracts
- 1-bedroom apartments: AED 100.0K to AED 113.0K a year (1,052 to 1,084 sq ft), across 2 contracts
Recent transactions in Terraces Marasi Drive
| LocationStatus and unit | PricePer sqftPer sqmt | SpecsSize and bedrooms | DateSold by |
|---|---|---|---|
| Terraces Marasi Drive Tower, Business BayReadyApartment | AED 1,750,000AED 1,584 /sqftAED 17,050 /sqmt | 1,105 sqft102.7 sqmt1 Bed | Owner |
| Terraces Marasi Drive Tower, Business BayReadyApartment | AED 5,100,100AED 2,384 /sqftAED 25,661 /sqmt | 2,139 sqft198.7 sqmt2 Beds | Owner |
| Terraces Marasi Drive Tower, Business BayReadyApartment | AED 1,896,000AED 1,546 /sqftAED 16,641 /sqmt | 1,226 sqft113.9 sqmt1 Bed | Owner |
| Terraces Marasi Drive Tower, Business BayReadyApartment | AED 3,579,559AED 1,548 /sqftAED 16,663 /sqmt | 2,312 sqft214.8 sqmt2 Beds | Owner |
| Terraces Marasi Drive Tower, Business BayReadyApartment | AED 947,356AED 1,671 /sqftAED 17,986 /sqmt | 1,135 sqft105.4 sqmt2 Beds | Owner |
| Terraces Marasi Drive Tower, Business BayReadyApartment | AED 18,000,000AED 1,379 /sqftAED 14,843 /sqmt | 13,053 sqft1,212.7 sqmt4 Beds | Developer |
| Terraces Marasi Drive Tower, Business BayReadyApartment | AED 5,800,000AED 2,303 /sqftAED 24,789 /sqmt | 2,519 sqft234 sqmt2 Beds | Owner |
| Terraces Marasi Drive Tower, Business BayReadyApartment | AED 4,715,000AED 2,201 /sqftAED 23,691 /sqmt | 2,142 sqft199 sqmt2 Beds | Developer |
| Terraces Marasi Drive Tower, Business BayReadyApartment | AED 3,900,000AED 1,691 /sqftAED 18,202 /sqmt | 2,307 sqft214.3 sqmt2 Beds | Developer |
| Terraces Marasi Drive Tower, Business BayReadyApartment | AED 5,200,000AED 2,431 /sqftAED 26,167 /sqmt | 2,139 sqft198.7 sqmt2 Beds | Developer |
| Terraces Marasi Drive Tower, Business BayReadyApartment | AED 2,050,000AED 2,046 /sqftAED 22,023 /sqmt | 1,002 sqft93.1 sqmt1 Bed | Owner |
| Terraces Marasi Drive Tower, Business BayReadyApartment | AED 6,050,000AED 2,402 /sqftAED 25,855 /sqmt | 2,519 sqft234 sqmt2 Beds | Owner |
| Terraces Marasi Drive Tower, Business BayReadyApartment | AED 2,750,000AED 2,423 /sqftAED 26,081 /sqmt | 1,135 sqft105.4 sqmt2 Beds | Owner |
| Terraces Marasi Drive Tower, Business BayReadyApartment | AED 5,000,000AED 1,985 /sqftAED 21,366 /sqmt | 2,519 sqft234 sqmt2 Beds | Owner |
| Terraces Marasi Drive Tower, Business BayReadyApartment | AED 4,500,000AED 2,145 /sqftAED 23,089 /sqmt | 2,098 sqft194.9 sqmt2 Beds | Developer |
| Terraces Marasi Drive Tower, Business BayReadyApartment | AED 2,011,000AED 1,913 /sqftAED 20,591 /sqmt | 1,051 sqft97.6 sqmt1 Bed | Owner |
| Terraces Marasi Drive Tower, Business BayReadyApartment | AED 5,000,000AED 1,983 /sqftAED 21,345 /sqmt | 2,521 sqft234.2 sqmt2 Beds | Owner |
| Terraces Marasi Drive Tower, Business BayReadyApartment | AED 2,200,000AED 1,673 /sqftAED 18,008 /sqmt | 1,315 sqft122.2 sqmt1 Bed | Owner |
| Terraces Marasi Drive Tower, Business BayReadyApartment | AED 3,130,000AED 2,071 /sqftAED 22,292 /sqmt | 1,511 sqft140.4 sqmt1 Bed | Owner |
| Terraces Marasi Drive Tower, Business BayReadyApartment | AED 1,900,000AED 1,750 /sqftAED 18,837 /sqmt | 1,086 sqft100.9 sqmt1 Bed | Owner |
Terraces Marasi Drive Tower
Business Bay
AED 1.8M
AED 1,584 /sqftAED 17,050 /sqmt
ReadyApartment1,105 sqft102.7 sqmt1 BedOwner17 Jun 2026Terraces Marasi Drive Tower
Business Bay
AED 5.1M
AED 2,384 /sqftAED 25,661 /sqmt
ReadyApartment2,139 sqft198.7 sqmt2 BedsOwner29 Apr 2026Terraces Marasi Drive Tower
Business Bay
AED 1.9M
AED 1,546 /sqftAED 16,641 /sqmt
ReadyApartment1,226 sqft113.9 sqmt1 BedOwner7 Apr 2026Terraces Marasi Drive Tower
Business Bay
AED 3.6M
AED 1,548 /sqftAED 16,663 /sqmt
ReadyApartment2,312 sqft214.8 sqmt2 BedsOwner7 Apr 2026Terraces Marasi Drive Tower
Business Bay
AED 947.4K
AED 1,671 /sqftAED 17,986 /sqmt
ReadyApartment1,135 sqft105.4 sqmt2 BedsOwner3 Apr 2026Terraces Marasi Drive Tower
Business Bay
AED 18M
AED 1,379 /sqftAED 14,843 /sqmt
ReadyApartment13,053 sqft1,212.7 sqmt4 BedsDeveloper26 Mar 2026Terraces Marasi Drive Tower
Business Bay
AED 5.8M
AED 2,303 /sqftAED 24,789 /sqmt
ReadyApartment2,519 sqft234 sqmt2 BedsOwner25 Mar 2026Terraces Marasi Drive Tower
Business Bay
AED 4.7M
AED 2,201 /sqftAED 23,691 /sqmt
ReadyApartment2,142 sqft199 sqmt2 BedsDeveloper17 Mar 2026Terraces Marasi Drive Tower
Business Bay
AED 3.9M
AED 1,691 /sqftAED 18,202 /sqmt
ReadyApartment2,307 sqft214.3 sqmt2 BedsDeveloper5 Mar 2026Terraces Marasi Drive Tower
Business Bay
AED 5.2M
AED 2,431 /sqftAED 26,167 /sqmt
ReadyApartment2,139 sqft198.7 sqmt2 BedsDeveloper25 Feb 2026Terraces Marasi Drive Tower
Business Bay
AED 2.1M
AED 2,046 /sqftAED 22,023 /sqmt
ReadyApartment1,002 sqft93.1 sqmt1 BedOwner19 Feb 2026Terraces Marasi Drive Tower
Business Bay
AED 6.1M
AED 2,402 /sqftAED 25,855 /sqmt
ReadyApartment2,519 sqft234 sqmt2 BedsOwner19 Feb 2026Terraces Marasi Drive Tower
Business Bay
AED 2.8M
AED 2,423 /sqftAED 26,081 /sqmt
ReadyApartment1,135 sqft105.4 sqmt2 BedsOwner22 Jan 2026Terraces Marasi Drive Tower
Business Bay
AED 5M
AED 1,985 /sqftAED 21,366 /sqmt
ReadyApartment2,519 sqft234 sqmt2 BedsOwner9 Jan 2026Terraces Marasi Drive Tower
Business Bay
AED 4.5M
AED 2,145 /sqftAED 23,089 /sqmt
ReadyApartment2,098 sqft194.9 sqmt2 BedsDeveloper25 Nov 2025Terraces Marasi Drive Tower
Business Bay
AED 2M
AED 1,913 /sqftAED 20,591 /sqmt
ReadyApartment1,051 sqft97.6 sqmt1 BedOwner12 Nov 2025Terraces Marasi Drive Tower
Business Bay
AED 5M
AED 1,983 /sqftAED 21,345 /sqmt
ReadyApartment2,521 sqft234.2 sqmt2 BedsOwner17 Oct 2025Terraces Marasi Drive Tower
Business Bay
AED 2.2M
AED 1,673 /sqftAED 18,008 /sqmt
ReadyApartment1,315 sqft122.2 sqmt1 BedOwner11 Sept 2025Terraces Marasi Drive Tower
Business Bay
AED 3.1M
AED 2,071 /sqftAED 22,292 /sqmt
ReadyApartment1,511 sqft140.4 sqmt1 BedOwner1 Sept 2025Terraces Marasi Drive Tower
Business Bay
AED 1.9M
AED 1,750 /sqftAED 18,837 /sqmt
ReadyApartment1,086 sqft100.9 sqmt1 BedOwner17 Jul 2025
| LocationContract and unit | Annual rentAED a year | SpecsSize and bedrooms | Contract dateStart – End |
|---|---|---|---|
| Terraces Marasi Drive Tower, Business BayApartmentRenewal | AED 155,000 | 1,134 sqft105.4 sqmt2 Beds | to |
| Terraces Marasi Drive Tower, Business BayApartmentNew contract | AED 100,000 | 1,052 sqft97.7 sqmt1 Bed | to |
| Terraces Marasi Drive Tower, Business BayApartmentNew contract | AED 150,000 | 1,135 sqft105.4 sqmt2 Beds | to |
| Terraces Marasi Drive Tower, Business BayApartmentNew contract | AED 113,000 | 1,084 sqft100.7 sqmt1 Bed | to |
| Terraces Marasi Drive Tower, Business BayApartmentNew contract | AED 250,000 | 2,519 sqft234 sqmt2 Beds | to |
Terraces Marasi Drive Tower
Business Bay
AED 155K/yr
ApartmentRenewal1,134 sqft105.4 sqmt2 BedstoTerraces Marasi Drive Tower
Business Bay
AED 100K/yr
ApartmentNew contract1,052 sqft97.7 sqmt1 BedtoTerraces Marasi Drive Tower
Business Bay
AED 150K/yr
ApartmentNew contract1,135 sqft105.4 sqmt2 BedstoTerraces Marasi Drive Tower
Business Bay
AED 113K/yr
ApartmentNew contract1,084 sqft100.7 sqmt1 BedtoTerraces Marasi Drive Tower
Business Bay
AED 250K/yr
ApartmentNew contract2,519 sqft234 sqmt2 Bedsto
Every sale in Terraces Marasi DriveEvery rent contract in Terraces Marasi Drive
Service charges in Terraces Marasi Drive
The 2026 service charge in Terraces Marasi Drive is AED 21.97 per sq ft for homes, AED 16.1 per sq ft for shops. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department.
| Unit type | Rate per sq ft | Size | Yearly charge |
|---|---|---|---|
| 1 Bed Apartment (2026) | AED 21.97 | 970 sqft90.1 sqmt – 1,570 sqft145.9 sqmt | AED 21,311 – AED 34,493 |
| 2 Beds Apartment (2026) | AED 21.97 | 1,130 sqft105 sqmt – 2,520 sqft234.1 sqmt | AED 24,826 – AED 55,364 |
| 3 Beds Apartment (2026) | AED 21.97 | 3,860 sqft358.6 sqmt – 3,900 sqft362.3 sqmt | AED 84,804 – AED 85,683 |
| 4 Beds Apartment (2026) | AED 21.97 | 13,050 sqft1,212.4 sqmt | AED 286,709 – AED 286,709 |
| Retail (2026) | AED 16.1 | 90 sqft8.4 sqmt – 1,270 sqft118 sqmt | AED 1,449 – AED 20,447 |
Source: Dubai Land Department service charge index. Rates are reviewed each year.
Terraces Marasi Drive payment plan
How the developer's price is paid, in the order each instalment falls due.
- 1.Down Payment10%
- 2.During Construction30%
- 3.On Handover60%
Terraces Marasi Drive floor plans
1 bedroom, Type A
1,066 sqft99 sqmt
1 bedroom, Type B
1,130 sqft105 sqmt
1 bedroom, Type C
1,249 sqft116 sqmt
1 bedroom, Type D
1,109 sqft103 sqmt
2 bedrooms, Type A
2,088 sqft194 sqmt
2 bedrooms, Type B
1,453 sqft135 sqmt
3 bedrooms, Type C
3,821 sqft355 sqmt
4 bedrooms, Type D
Nearby amenities
Around Terraces Marasi Drive
Transportation near Terraces Marasi Drive
The nearest Dubai Metro station from Terraces Marasi Drive is Burj Khalifa/Dubai Mall (red line, 2.4 km, about 7 min drive), then Business Bay (red line, 2.6 km, about 7 min drive). Stations planned on new lines nearby include District 1 near High Speed Rail line (golden line, 0.9 km, about 11 min walk) and Burj Khalifa Road (golden line, 1.5 km, about 5 min drive). Most residents will drive or take a taxi to the metro.
- District 1 near High Speed Rail lineGolden line · 0.9 km · about 11 min walk
- Burj Khalifa RoadGolden line · 1.5 km · about 5 min drive
- Burj Khalifa/Dubai MallRed line · 2.4 km · about 7 min drive
- Business Bay InterchangeGolden line · 2.6 km · about 7 min drive
- Business BayRed line · 2.6 km · about 7 min drive
- District 1Golden line · 2.7 km · about 7 min drive
Shopping and groceries near Terraces Marasi Drive
The closest is Spinneys / south bridge downtowne Dubai, 0.9 km from Terraces Marasi Drive (about 11 min walk).
- Spinneys / south bridge downtowne DubaiSupermarket · 0.9 km · about 11 min walk
- Dubai MallShopping Mall · 1.5 km · about 5 min drive
- Spinneys / EMAAR Boulevard, Downtown DubaiSupermarket · 1.5 km · about 5 min drive
- Al Maya / 8 Boulevard Walk, Downtown DubaiSupermarket · 1.6 km · about 5 min drive
- Choitram, The Executive TowersSupermarket · 2.1 km · about 6 min drive
Restaurants and hotels near Terraces Marasi Drive
The closest is Al Manzil Hotel, 1.1 km from Terraces Marasi Drive (about 13 min walk).
- Al Manzil HotelHotel · 1.1 km · about 13 min walk
- Radisson Blu Hotel, Dubai DowntownHotel · 1.1 km · about 13 min walk
- Vida Hotels and ResortsHotel · 1.3 km · about 5 min drive
- The Address HotelHotel · 1.3 km · about 5 min drive
- Maward RestaurantRestaurant · 1.6 km · about 5 min drive
Hospitals and clinics near Terraces Marasi Drive
The closest is Al Amal Hospital, 3.4 km from Terraces Marasi Drive (about 9 min drive).
- Al Amal HospitalHospital · 3.4 km · about 9 min drive
- Medcare HospitalHospital · 4.3 km · about 11 min drive
- Internationl Medical CenterHospital · 4.9 km · about 12 min drive
- Emirates HospitalHospital · 5 km · about 12 min drive
- Manchester ClinicHospital · 5.3 km · about 13 min drive
Parks and leisure near Terraces Marasi Drive
The closest is Al Quoz Pond Park, 2.9 km from Terraces Marasi Drive (about 8 min drive).
- Al Quoz Pond ParkPark · 2.9 km · about 8 min drive
- Dubai Bowling CentreSports Academy · 3.2 km · about 8 min drive
- Meydan Grandstand and RacecourseStadium · 3.5 km · about 9 min drive
- Meydan TheatreTheatre House · 3.5 km · about 9 min drive
- Falcon Heritage and Sports CentreSports Academy · 3.7 km · about 9 min drive
Schools near Terraces Marasi Drive
The nearest is Hartland International School - FZ, 2.2 km away. Ratings are the KHDA's latest inspection grades.
- Hartland International School - FZUK - International Baccalaureate - UK/IB · KHDA: Very good · 2.2 km
- North London Collegiate School Middle East L.L.C - FZInternational Baccalaureate · KHDA: Very good · 2.3 km
- Jebel Ali School (Br of Taaleem Management (L L C))UK · KHDA: Very good · 2.7 km
- Dubai International Private School - BrAmerican · KHDA: Good · 2.9 km
- GEMS Our Own Indian SchoolIndian · KHDA: Very good · 2.9 km
- Global Indian International School L.L.CIndian · KHDA: Good · 3 km
Other buildings in Business Bay
Business Bay has 257 buildings. A few others to compare Terraces Marasi Drive with:
- Ready
Ready- Ready
ReadyOff-plan
Ready
Things to consider about Terraces Marasi Drive
In its favour
- Owners who resold have made money: a median gain of up to 115%.
- A median gross yield of 6.7% on recent sales.
- Ready to move into or let, with no construction risk.
- Several schools within 3 km.
Worth checking
- Service charges of up to AED 21.97 per sq ft are on the higher side for Dubai.
- The nearest running metro station is 2.4 km away, so a car helps.
Specialists
Brokers who know Terraces Marasi Drive
These brokers handle sales and lettings in Terraces Marasi Drive and can tell you what is available now.
Ahmad Mohammadsalmanabutaha
Property Advisor
Mayya Divnina
Property Advisor
Shiela Marie Duran
Property Advisor
Vimbainashe Ruzvidzo
Property Advisor
Stella Malik
Commercial Expert
Nazir Abdulazeez
Senior Commercial Expert
Daniel Mccullagh
Sales Manager
Jack Kennedy
Commercial Expert
FAQs
Terraces Marasi Drive: questions answered
Buying, selling or renting in Terraces Marasi Drive?
A broker who works Business Bay will tell you what is available and what comparable homes went for.