Terraces Marasi Drive

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by Keymaven
128
Total Units
123
Sold
AED 2,490,000
Median Price
AED 1,850
Median Price /sqft
Construction progress: 100%
Start: Mar, 2023Completion: Oct, 2024

Terraces Marasi Drive Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

1 Bed71970 sqft - 1,570 sqftAED 2M (1,750 /sqft)AED 2,420 /sqft
-27.79
2 Beds461,130 sqft - 2,520 sqftAED 4.9M (2,170 /sqft)AED 2,420 /sqft
-10.1
3 Beds33,860 sqft - 3,900 sqftAED 2,430 /sqft
0
4 Beds113,050 sqft - 13,050 sqftAED 18M (1,380 /sqft)AED 2,560 /sqft
-46.1

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSize Balcony
Commercial, GSR-01426 sqftCheck Availability
Commercial, GSR-0244 sqftCheck Availability
Commercial, P1SR-0191 sqftCheck Availability
Commercial, RETAIL-021,271 sqft0 sqft Check Availability
Commercial, RETAIL-03591 sqft0 sqft Check Availability
Commercial, RETAIL-04347 sqft0 sqft Check Availability

Sold properties

BedsCategorySize BalconyFloorPricePrice /sqftDate
1Apartment1,513 sqft31.05 sqft 10AED 2,520,300AED 1,667 /sqft 28, Mar 2024
1Apartment1,515 sqft31.46 sqft 10AED 2,426,000AED 1,601 /sqft 27, Oct 2023
1Apartment1,119 sqft32.35 sqft 10AED 2,150,000AED 1,921 /sqft 13, May 2025
1Apartment1,084 sqft20.27 sqft 10AED 2,100,000AED 1,937 /sqft 13, Nov 2023
1Apartment1,251 sqft35.81 sqft 10AED 2,080,000AED 1,663 /sqft 13, Nov 2023
1Apartment1,300 sqft49.13 sqft 10AED 1,720,000AED 1,329 /sqft 17, Jan 2024
1Apartment1,001 sqft23.63 sqft 10AED 1,700,000AED 1,698 /sqft 13, Nov 2023
2Apartment2,521 sqft81.97 sqft 10AED 5,500,000AED 2,182 /sqft 10, Apr 2025
2Apartment2,483 sqft78.66 sqft 10AED 5,340,000AED 2,151 /sqft 03, Jan 2025
2Apartment2,139 sqft39.64 sqft 10AED 5,200,000AED 2,431 /sqft 25, Feb 2026
1Apartment1,080 sqft28.73 sqft 11AED 2,200,000AED 2,037 /sqft 08, May 2025
1Apartment1,301 sqft49.2 sqft 11AED 2,150,000AED 1,660 /sqft 19, Mar 2024
1Apartment974 sqft21.16 sqft 11AED 1,740,000AED 1,786 /sqft 05, Dec 2023
2Apartment1,135 sqft8.69 sqft 11AED 2,650,000AED 2,345 /sqft 26, Apr 2024
2Apartment1,134 sqft8.62 sqft 11AED 2,620,000AED 2,319 /sqft 17, Jan 2024

Terraces Marasi Drive Real Estate Data – FAQ

  • What is the current property supply in Terraces Marasi Drive?

    Terraces Marasi Drive has a total residential supply of approximately 23 units. This represents completed and available inventory within the area.

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  • How active is the real estate market in Terraces Marasi Drive?

    Terraces Marasi Drive recorded 17 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

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  • What is the average price /sqft in Terraces Marasi Drive?

    The median transaction price in Terraces Marasi Drive is AED 1,980 /sqft , based on actual recorded sales transactions, not listing prices.

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  • What rental yield can investors expect in Terraces Marasi Drive?

    The gross rental yield in Terraces Marasi Drive is approximately 7%, calculated using median rental income divided by median sale prices for comparable properties.

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  • How much have property prices increased in Terraces Marasi Drive?

    Property prices in Terraces Marasi Drive have shown a capital appreciation of 0% year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

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  • How many off-plan projects are currently in Terraces Marasi Drive?

    There are currently 0 active off-plan projects in Terraces Marasi Drive, reflecting strong developer activity and future supply pipeline.

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  • What is the future supply pipeline in Terraces Marasi Drive?

    The total off-plan pipeline in Terraces Marasi Drive includes approximately 0 units, which will significantly impact future supply and pricing dynamics.

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  • Is Terraces Marasi Drive a good area for property investment?

    Terraces Marasi Drive is considered a high-activity investment zone due to its strong transaction volume, competitive rental yield of around %, and steady capital appreciation. However, the large upcoming supply pipeline should be carefully considered when evaluating long-term price growth.

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  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

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  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

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  • What does rental yield represent?

    Rental yield represents the annual rental income as a percentage of the property's purchase price. In Terraces Marasi Drive, this is %, indicating relatively strong income performance compared to global markets.

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