Dubai project data
TERRACES MARASI DRIVE: rents and rent contracts
تيراسيس مراسي درايف
Registered sales and rent contracts for the project TERRACES MARASI DRIVE in Business Bay, from Dubai Land Department open data.
TERRACES MARASI DRIVE (Business Bay): 47 registered rent contracts in the 12 months to September 2026, median annual rent AED 150,000. Source: Dubai Land Department open data via data.dubai, as of 23 Oct 2026, calculated by Zolia.
Key figures, last 12 months
Data as of 23 Oct 2026 · Period Oct 2025 – Sep 2026
- Median sale price
- AED 4.5m
- Off-plan share of sales
- under 3
- Median annual rent
- AED 150,000
- Gross rental yield
- under 30 sales (17)
Indicative figures from registered transactions and rent contracts, not a valuation of any unit.
Registered mortgage transactions only, without interest rates and without lenders.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Off-plan and ready sales in TERRACES MARASI DRIVE
| Status | Sales | Median per sq ft | Middle range per sq ft |
|---|---|---|---|
| Off-plan | under 3 | under 3 | under 3 |
| Ready | 17 | AED 1,985 per sq ft | 1,670 – 2,303 |
Off-plan sales are sales of properties before completion, as registered in Dubai Land Department transactions; ready sales are sales of completed properties.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Rents and rental yield in TERRACES MARASI DRIVE
- Median annual rent per sq ft
- AED 118 per sq ft
- Gross rental yield
- under 30 sales (17)
The permitted rent increase is set by the Smart Rental Index of the Dubai Land Department; this page does not compute an index value. About the Smart Rental Index
Too few ready apartment sales for a gross rental yield: 17 in the period, at least 30 needed. Land, whole buildings, villas and commercial units are not counted.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Price per sq ft and rents by unit type in TERRACES MARASI DRIVE
| Unit type | Sales | Median per sq ft | Median annual rent | Gross yield |
|---|---|---|---|---|
| 1 bedroom | 4 | AED 1,583 per sq ft | AED 135,000 | under 30 sales (4) |
| 2 bedrooms | 12 | AED 2,144 per sq ft | AED 242,000 | under 30 sales (12) |
Indicative figures from registered transactions and rent contracts, not a valuation of any unit.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Price trend in TERRACES MARASI DRIVE
| Month | Sales | Median per sq ft | Rent contracts |
|---|---|---|---|
| Jan 2025 | 5 | AED 2,129 per sq ft | under 3 |
| Feb 2025 | 6 | AED 1,845 per sq ft | 4 |
| Mar 2025 | under 3 | under 3 | 3 |
| Apr 2025 | under 3 | under 3 | 8 |
| May 2025 | 4 | AED 1,922 per sq ft | 4 |
| Jun 2025 | under 3 | under 3 | 4 |
| Sep 2025 | under 3 | under 3 | 4 |
| Oct 2025 | under 3 | under 3 | 5 |
| Dec 2025 | under 3 | under 3 | 4 |
| Jan 2026 | under 3 | under 3 | 3 |
| Feb 2026 | 3 | AED 2,402 per sq ft | 4 |
| Mar 2026 | 4 | AED 1,691 per sq ft | 4 |
| Apr 2026 | 4 | AED 1,548 per sq ft | under 3 |
| May 2026 | under 3 | under 3 | 5 |
| Jun 2026 | under 3 | under 3 | 6 |
| Jul 2026 | under 3 | under 3 | 5 |
| Aug 2026 | under 3 | under 3 | 4 |
| Sep 2026 | under 3 | under 3 | 4 |
| Year | Sales | Median per sq ft |
|---|---|---|
| 2023 | 55 | AED 1,675 per sq ft |
| 2024 | 60 | AED 1,792 per sq ft |
| 2025 | 26 | AED 1,966 per sq ft |
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Location
TERRACES MARASI DRIVE is a project in the DLD area Business Bay.
Names as in the registered transactions and rent contracts; company names are not shown.
More projects in Business Bay
- VERA TOWER 382 registered transactions and rent contracts in 12 months.
- Downtown Residences 364 registered transactions and rent contracts in 12 months.
- MAG 318 289 registered transactions and rent contracts in 12 months.
- WINDSOR MANOR 265 registered transactions and rent contracts in 12 months.
- MARQUISE SQUARE TOWER 247 registered transactions and rent contracts in 12 months.
- THE COSMOPOLITAN 219 registered transactions and rent contracts in 12 months.
Questions about TERRACES MARASI DRIVE
- How many sales were registered in TERRACES MARASI DRIVE?
- 17 sales were registered in TERRACES MARASI DRIVE in Oct 2025 – Sep 2026.
- What is the median price per sq ft in TERRACES MARASI DRIVE?
- The median price of registered sales in TERRACES MARASI DRIVE was AED 1,985 per sq ft in Oct 2025 – Sep 2026.
- What is the median annual rent in TERRACES MARASI DRIVE?
- The median annual rent of registered rent contracts in TERRACES MARASI DRIVE was AED 150,000 in Oct 2025 – Sep 2026.
- Which DLD area is TERRACES MARASI DRIVE in?
- TERRACES MARASI DRIVE is registered in the Dubai Land Department area Business Bay.
Method and source
All Dubai projects with figuresAll Dubai areasHow these figures are calculated
Figures based on fewer than 3 records are not shown.
Source: Dubai Land Department, open data via data.dubai (as of 23 Oct 2026). Prepared by Zolia; not an official product of the Dubai Land Department.
Open data portal: data.dubai · Licence: Dubai Open Data Licence
- Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae