Project · Transactions · 2024

Terraces Marasi Drive Property Transactions 2024

61 property sales worth ⃃ 180.54M were registered in Terraces Marasi Drive in 2024, 8.9% higher than 2023 by number of sales. The median sale price was ⃃ 2,490,000 and the median price per square foot ⃃ 1,827 (+8.2% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 61 salesUpdated: 19 Oct 2026
Property sales
61
+8.9% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 180.54M
+32.6% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 2,490,000
+24.1% vs 2023
61 sales
Median price per sq ft
⃃ 1,827
+8.2% vs 2023
61 sales

What types of property sold in Terraces Marasi Drive in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments61100%⃃ 180.54M⃃ 2,490,000⃃ 1,827

How were 2024 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)5285.2%⃃ 159.94M⃃ 2,550,150⃃ 1,850
Resale (secondary)914.8%⃃ 20.61M⃃ 2,150,000⃃ 1,691
Off-plan5691.8%⃃ 169.73M⃃ 2,505,150⃃ 1,836
Ready58.2%⃃ 10.81M⃃ 2,353,571⃃ 1,738

How many rental contracts were registered in Terraces Marasi Drive in 2024?

2 rental contracts (new and renewed) were registered in Terraces Marasi Drive in 2024, at a median annual rent of ⃃ 152,500. Rental yields in Terraces Marasi Drive

What were the most expensive property sales in Terraces Marasi Drive in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
04/01/2024Terraces Marasi Drive3 beds · Apartment3,859 sq ft⃃ 7,780,000Primary · Off-plan
24/01/2024Terraces Marasi Drive3 beds · Apartment3,892 sq ft⃃ 7,600,000Primary · Off-plan
17/01/2024Terraces Marasi Drive2 beds · Apartment2,521 sq ft⃃ 5,650,000Primary · Off-plan
26/04/2024Terraces Marasi Drive2 beds · Apartment2,139 sq ft⃃ 5,500,272Primary · Off-plan
31/07/2024Terraces Marasi Drive2 beds · Apartment2,521 sq ft⃃ 5,500,000Primary · Off-plan
20/08/2024Terraces Marasi Drive2 beds · Apartment2,519 sq ft⃃ 5,400,000Primary · Off-plan
17/01/2024Terraces Marasi Drive2 beds · Apartment2,142 sq ft⃃ 5,367,500Primary · Off-plan
04/01/2024Terraces Marasi Drive2 beds · Apartment2,521 sq ft⃃ 5,160,400Primary · Off-plan
19/03/2024Terraces Marasi Drive2 beds · Apartment2,486 sq ft⃃ 5,120,000Primary · Off-plan
19/03/2024Terraces Marasi Drive2 beds · Apartment2,139 sq ft⃃ 5,082,500Primary · Off-plan

What were the last registered sales of 2024?

DatePropertyTypeSizePriceMarket
18/12/2024Terraces Marasi Drive1 bed · Apartment1,513 sq ft⃃ 2,490,000Resale · Ready
27/11/2024Terraces Marasi Drive2 beds · Apartment1,403 sq ft⃃ 2,580,000Resale · Ready
25/11/2024Terraces Marasi Drive2 beds · Apartment1,135 sq ft⃃ 2,353,571Resale · Ready
11/10/2024Terraces Marasi Drive1 bed · Apartment1,175 sq ft⃃ 1,650,000Resale · Ready
10/10/2024Terraces Marasi Drive1 bed · Apartment1,001 sq ft⃃ 1,740,000Resale · Ready
02/09/2024Terraces Marasi Drive1 bed · Apartment1,112 sq ft⃃ 1,880,000Resale · Off-plan
20/08/2024Terraces Marasi Drive2 beds · Apartment2,519 sq ft⃃ 5,400,000Primary · Off-plan
20/08/2024Terraces Marasi Drive1 bed · Apartment1,086 sq ft⃃ 1,700,000Primary · Off-plan
20/08/2024Terraces Marasi Drive2 beds · Apartment2,519 sq ft⃃ 5,027,400Primary · Off-plan
31/07/2024Terraces Marasi Drive2 beds · Apartment2,047 sq ft⃃ 4,500,000Primary · Off-plan

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2024 with the whole of 2023.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/terraces-marasi-drive/2024
Terraces Marasi Drive Property Transactions 2024. DXBinteract, data to 19 Oct 2026. https://dxbinteract.com/dubai-property-transactions/terraces-marasi-drive/2024

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Terraces Marasi Drive in 2024?
61 property sales worth ⃃ 180,544,620 were registered in Terraces Marasi Drive in 2024. That is 8.9% higher than 2023.
What was the median property price in Terraces Marasi Drive in 2024?
The median sale price was ⃃ 2,490,000 and the median price per square foot ⃃ 1,827 (1 Jan – 31 Dec 2024).
What share of 2024 sales in Terraces Marasi Drive were off-plan or from developers?
Developer (primary) sales were 85.2% of the 61 sales and resales 14.8%. Off-plan units made up 91.8% and ready units 8.2%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 19 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/terraces-marasi-drive/2024