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Terraces Marasi Drive

What people actually paid in Terraces Marasi Drive: the sales registered at the Dubai Land Department, not asking prices. Understand the numbers before you buy.

154 sales are on record at the Dubai Land Department, below. 1 for rent →

Your agent in Business Bay

Leojo Cgase Michael Davidson

Leojo Cgase Michael Davidson

Sales

Buying in Terraces Marasi Drive? Leojo can walk you through what these numbers mean for you.

Leojo is marketing 8 homes for sale in Business Bay right now.

Community
Business Bay
Nearest metro
Burj Khalifa/Dubai Mall Metro Station — as the Dubai Land Department files it; every building beside it, and what each sold for
Handed over
2025 — the first year resales of completed homes appear in numbers on the register, not the developer’s date
First on record
2023 — an off-plan sale
Sales on record
154 — registered at the Dubai Land Department, the latest June 2026
Off-plan share
73% — 112 bought off-plan from the developer, 42 resales of a completed home

Recorded rents and gross yield for Terraces Marasi Drive →

How Terraces Marasi Drive compares — every tower in Business Bay, ranked by recorded price →

Living in Business Bay — the area guide →

What a mortgage on a home in Terraces Marasi Drive costs a month — and the cash you need on the day →

Median sale price
AED 4.50M
17 sales · the last 12 months
Mean AED 4.60M
Median per sq ft
AED 1,985
+3.1% on the year before
Mean AED 1,978
Against Business Bay
67 of 100
Community median AED 2,500 / sq ft
Activity, 90 days
No sales
0.0× its usual pace · below the five-sale floor to rank

The recorded market

Price per square foot, by year

The median of every sale registered at the Dubai Land Department here. Not asking prices.

1,675
1,807
1,966
2,015
2023202420252026

The low was 2023 at AED 1,675 a square foot, and it has recovered 20% since.

What sells here

By size

Registered sales in the last three years. Sizes are the registered floor area.

LayoutTypical sizeMedian priceMean pricePer sq ftSales
1 B/R1,178 sqft1,912,8002,027,7281,64979
2 B/R2,120 sqft3,925,0003,966,1712,22060

Layouts that have sold fewer than five times in three years are left out — too few to quote a median, so we do not guess at one.

Every sale, as registered

Recent sales in Terraces Marasi Drive

The last transfers recorded at the Dubai Land Department, newest first.

DateLayoutSizePricePer sq ft
17 Jun 20261 B/R1,1051,750,0001,583
29 Apr 20262 B/R2,1395,100,1002,384
8 Apr 20261 B/R1,2261,896,0001,546
8 Apr 20262 B/R2,3123,579,5591,548
6 Apr 20262 B/R567947,3551,670
27 Mar 20264 B/R13,05318,000,0001,379
26 Mar 20262 B/R2,5195,800,0002,303
18 Mar 20262 B/R2,1424,715,0002,201
6 Mar 20262 B/R2,3073,900,0001,691
25 Feb 20262 B/R2,1395,200,0002,431
19 Feb 20261 B/R1,0022,050,0002,046
19 Feb 20262 B/R2,5196,050,0002,402

How often it trades

Sales per year

Off-plan sales dominate a building’s first years; resales take over after handover.Off-planResale

55
60
25
14
2023202420252026

Of the 154 sales on record, 112 were bought off-plan from the developer and 42 were resales of a finished home. The changeover in 2025 is the handover. The 2026 bar is part-year.

In context

Where it sits in Business Bay

Terraces Marasi Drive is the 67th most expensive of the 100 Business Bay buildings with at least fifteen recorded sales in the last year. These are its immediate neighbours on price.

RankBuildingSales, 12 monthsMedian per sq ft
64Reva Residences372,019
65SLS Dubai Hotel & Residences371,998
66Marquise Square Tower211,993
67Terraces Marasi Drive171,985
68The Sterling West251,957
69Bayz by Danube311,839
70Onda by Kasco691,838

Business Bay as a whole: AED 2,500 a square foot across 6,232 sales in the last twelve months.

Where the market is moving

The busiest buildings in Business Bay

Terraces Marasi Drive sold 0 completed homes in the ninety days to 19 Oct 2026, below the five-sale floor to rank. These are the five busiest buildings in Business Bay.

RankBuildingSales, 90 daysAgainst its usual pace
1Peninsula Four57New to resale
2Regalia By Deyaar37New to resale
3Peninsula Three321.2×
4Peninsula Two225.9×
5Aykon City Tower C181.0×

Completed homes only, by the date the Dubai Land Department registered the transfer — the ninety days to 19 Oct 2026. Buildings with fewer than five sales in the window are not ranked. The ten busiest in Business Bay, with pace against each building’s own year before.

Where these numbers come from. Every figure on this page is drawn from the Dubai Land Department’s transaction register, read directly from the Dubai Data Exchange. It is what buyers actually paid, recorded at transfer — not asking prices, not valuations, not our own estimates. Mortgage registrations, gift transfers, rent-to-own contracts and developers’ own filings are all excluded; none of them is a price a buyer paid. Medians are used rather than averages so one unusual sale cannot move the number. Data through 19 Oct 2026.

Nearby

What else to look at in Business Bay

The buildings this one sits between on recorded price per square foot, and the newest to start trading. Every one has its own page of registered prices.

BuildingRecorded salesFirst tradedMedian per sq ft
Sobha Skyparksnewest8320264,250
Avarra by Palacenewest15620263,490
15 Northside Tower 145620211,833
The Cosmopolitan96520091,825
Waters Edge37320121,814
Marquise Square Tower61320161,807
15 Northside Tower 217820211,792
DAMAC Majestine61520141,785
Ahad Residences51620221,780
Damac Towers by Paramount Tower D56520131,778

Medians over each building’s whole recorded history at the Dubai Land Department, so a tower that has not traded lately is still here — this is what to look at next, not what the market is doing this month. Buildings with fewer than five recorded sales are left out. “First traded” is the year the register first saw a sale in the building, which for a new tower is close to its handover.

Buying in Terraces Marasi Drive? The cost of buying, the title deed, the service charges and buying as a foreigner, explained.

Questions about Terraces Marasi Drive? Leojo is a message away.

Leojo Cgase Michael Davidson

Leojo Cgase Michael Davidson

Your agent in Business Bay