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TERRACES MARASI DRIVE

Completed

Developed by KEY MAVENS FOR REAL ESTATE DEVELOPMENT L.L.C. Located in Business Bay.

Construction progress100%Expected 1 Jun 2024
Units1251 buildings · 0 villas
Registered sales15619 in the last 12 months
Median sale priceAED 2.44MMedian of registered salesAED 1,805/sqft

Registry record

Project number
2568
Name on the register
تيراسيس مراسي درايف
Developer
KEY MAVENS FOR REAL ESTATE DEVELOPMENT L.L.C
Master developer
الخليج التجاري (ش.ذ.م.م)
Escrow agent
ARAB BANK FOR INVESTMENT & FOREIGN TRADE ALMASREF P.J.S.C.
Zoning authority
Dubai Development Authority (DDA)
Master project
Business Bay
Start date
1 Mar 2022
Expected completion
1 Jun 2024
Actual completion
1 Jun 2024
Cancelled
Not recorded
Plots
0
Progress
100%

G+3P+19F+R

Sales evidence

Median size
1,266 sqft
Median price per sqft
AED 1,805/sqft
Total value transacted
AED 512.03M
Off-plan vs ready
112 off-plan · 44 ready
First sale
11 Feb 2022
Latest sale
17 Jun 2026

Registered sales in this project

All sales
Registered property transactions from the Dubai Land Department
DateCommunityProject / buildingTypeBedsSizePrice/sqftPrice
17 Jun 2026Business BayTERRACES MARASI DRIVEBusiness BayFlatExisting Properties1 B/R1,105 sqftAED 1,583/sqftAED 1,750,000
29 Apr 2026Business BayTERRACES MARASI DRIVEBusiness BayFlatExisting Properties2 B/R2,139 sqftAED 2,384/sqftAED 5,100,100
8 Apr 2026Business BayTERRACES MARASI DRIVEBusiness BayFlatExisting Properties1 B/R1,226 sqftAED 1,546/sqftAED 1,896,000
8 Apr 2026Business BayTERRACES MARASI DRIVEBusiness BayFlatExisting Properties2 B/R2,312 sqftAED 1,548/sqftAED 3,579,559
6 Apr 2026Business BayTERRACES MARASI DRIVEBusiness BayFlatExisting Properties2 B/R567 sqftAED 1,670/sqftAED 947,355
27 Mar 2026Business BayTERRACES MARASI DRIVEBusiness BayFlatExisting Properties4 B/R13,053 sqftAED 1,379/sqftAED 18,000,000
26 Mar 2026Business BayTERRACES MARASI DRIVEBusiness BayFlatExisting Properties2 B/R2,519 sqftAED 2,303/sqftAED 5,800,000
18 Mar 2026Business BayTERRACES MARASI DRIVEBusiness BayFlatExisting Properties2 B/R2,142 sqftAED 2,201/sqftAED 4,715,000
6 Mar 2026Business BayTERRACES MARASI DRIVEBusiness BayFlatExisting Properties2 B/R2,307 sqftAED 1,691/sqftAED 3,900,000
25 Feb 2026Business BayTERRACES MARASI DRIVEBusiness BayFlatExisting Properties2 B/R2,139 sqftAED 2,431/sqftAED 5,200,000
19 Feb 2026Business BayTERRACES MARASI DRIVEBusiness BayFlatExisting Properties1 B/R1,002 sqftAED 2,046/sqftAED 2,050,000
19 Feb 2026Business BayTERRACES MARASI DRIVEBusiness BayFlatExisting Properties2 B/R2,519 sqftAED 2,402/sqftAED 6,050,000
22 Jan 2026Business BayTERRACES MARASI DRIVEBusiness BayFlatExisting Properties2 B/R1,135 sqftAED 2,424/sqftAED 2,750,000
9 Jan 2026Business BayTERRACES MARASI DRIVEBusiness BayFlatExisting Properties2 B/R2,519 sqftAED 1,985/sqftAED 5,000,000
26 Nov 2025Business BayTERRACES MARASI DRIVEBusiness BayFlatExisting Properties2 B/R2,098 sqftAED 2,144/sqftAED 4,500,000
12 Nov 2025Business BayTERRACES MARASI DRIVEBusiness BayFlatExisting Properties1 B/R1,051 sqftAED 1,913/sqftAED 2,011,000
20 Oct 2025Business BayTERRACES MARASI DRIVEBusiness BayFlatExisting Properties2 B/R2,521 sqftAED 1,983/sqftAED 5,000,000
11 Sept 2025Business BayTERRACES MARASI DRIVEBusiness BayFlatExisting Properties1 B/R1,315 sqftAED 1,673/sqftAED 2,200,000
1 Sept 2025Business BayTERRACES MARASI DRIVEBusiness BayFlatExisting Properties1 B/R1,511 sqftAED 2,072/sqftAED 3,130,000
17 Jul 2025Business BayTERRACES MARASI DRIVEBusiness BayFlatExisting Properties1 B/R1,086 sqftAED 1,750/sqftAED 1,900,000
9 Jul 2025Business BayTERRACES MARASI DRIVEBusiness BayFlatExisting Properties2 B/R1,428 sqftAED 1,926/sqftAED 2,750,000
13 May 2025Business BayTERRACES MARASI DRIVEBusiness BayFlatExisting Properties1 B/R1,119 sqftAED 1,922/sqftAED 2,150,000
8 May 2025Business BayTERRACES MARASI DRIVEBusiness BayFlatExisting Properties1 B/R1,080 sqftAED 2,037/sqftAED 2,200,000
8 May 2025Business BayTERRACES MARASI DRIVEBusiness BayFlatExisting Properties2 B/R1,430 sqftAED 2,364/sqftAED 3,380,000
7 May 2025Business BayTERRACES MARASI DRIVEBusiness BayFlatExisting Properties1 B/R1,267 sqftAED 1,800/sqftAED 2,280,000

Source: Dubai Land Department open data, retrieved from the Digital Dubai data.dubai platform. Figures cover registered transactions and Ejari-registered tenancy contracts, and are statistical summaries of public record — not a valuation of any individual property. Registration data can be amended or backdated by the source after first publication.