When will Terraces Marasi Drive be completed?

The register records Terraces Marasi Drive complete in June 2024. Dubai Land Department project register as of July 2026.

Is Terraces Marasi Drive in escrow?

Yes: the Land Department register names المصرف العربي للاستثمار والتجارة الخارجية المصرف (مساهمة عامة) as the project’s escrow agent, the bank that holds buyers’ payments for the developer. Dubai Land Department project register as of July 2026.

Who is the developer of Terraces Marasi Drive?

The register names the master developer, Business Bay LLC, which owns the land; the company building the project is not recorded. Dubai Land Department project register as of July 2026.

How many units does Terraces Marasi Drive have?

121 registered units, of which 121 have a title issued. A title is issued at handover, so a live project shows few or none however many units have sold. Dubai Land Department project register as of July 2026.

Off-plan · DLD project register as of 6 Jul 2026

Terraces Marasi Drive

Completed 2024 · 121 units · started Mar 2022 · Business Bay

Recorded complete in June 2024.

Built100%

Started Mar 2022Completed Jun 2024

DLD project register, Jul 2026

Titles issued: 121 of 121
Escrow: المصرف العربي للاستثمار والتجارة الخارجية المصرف (مساهمة عامة)

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Is Terraces Marasi Drive a safe off-plan buy?Recorded complete in June 2024; no record of the builder

Is it on schedule?Recorded complete in June 2024, on its registered date to the day: the register often stamps one onto the other · DLD project register, Jul 2026100%Context
Is my money protected?The register named the escrow agent: المصرف العربي للاستثمار والتجارة الخارجية المصرف (مساهمة عامة)EscrowContext
Is the price fair?No off-plan sale registered in 12 months to price it onNo record
Is it selling?No off-plan sale registered in 12 months; the last in October 20240Context
Who is building it?The register names the master developer, Business Bay LLC; the builder is not recordedNo record

A registered date is not a delivery forecast · 79% of recorded completions carry their planned date to the day · DLD register, July 2026

Check an asking price →How each reading works →

What is being built121 units, mostly one-beds; all titled

Type	Units	Titled
1 bed	7159%	1,051–1,514	71
2 bed	4638%	1,134–2,520	46
3 bed	32%	3,866–3,895	3
4+ bed	11%	13,053–13,053	1

DLD unit register · balconies a median 28% of unit area

Every unit, floor by floor →

Sizes run from the 10th to the 90th percentile of registered floor area, so one mislabelled unit cannot set the range. A title is issued at handover: a live project shows few or none however many units have sold, and an untitled unit is not necessarily for sale.

Every unit, as registered

121 units in DLD’s register for Terraces Marasi Drive, floor by floor.

Show 121 of 121 units

Floor	Unit	Type	Sqft	Balcony	Title issued
2	1 · 201	2 bed	2,098	649	Yes
2	1 · 202	1 bed	1,071	308	Yes
2	1 · 203	2 bed	2,032	538	Yes
2	1 · 204	1 bed	1,084	218	Yes
2	1 · 205	2 bed	1,428	417	Yes
2	1 · 206	1 bed	1,175	429	Yes
2	1 · 207	2 bed	1,435	424	Yes
2	1 · 208	1 bed	1,086	219	Yes
3	1 · 301	1 bed	1,511	334	Yes
3	1 · 302	2 bed	2,521	882	Yes

A title is issued at handover. “Not yet” means no title, which a reserved unit and an unsold one share; the register does not say which is for sale.

How other Business Bay projects are tracking2 of the 3 nearest-to-finished are past their registered dates

Project	%
Burj Pacific	99%	Jan 2023 · past date
Al Habtoor Tower	90%	Dec 2026
West Bay Tower	77%	Feb 2024 · past date

“Past date”: the registered date has already passed · 12 of 30 live Business Bay projects past theirs · DLD register and inspections, October 2026

All 117 Business Bay projects →

As registered with the Land DepartmentWhere Terraces Marasi Drive is, and who is on its register row

Escrow agent: المصرف العربي للاستثمار والتجارة الخارجية المصرف (مساهمة عامة)
Master developer: Business Bay LLC
Registered start: March 2022
Configuration: G+3P+19F+R

Pills show median resale price per sqft, AED. 1 of 1 published tower pinned; verify a plot before relying on it.Open in Apple Maps

Construction progress is the percentage DLD recorded in its project register as of July 2026, the latest DLD record for this project; the register lags DLD’s inspections by months, so it is dated separately. The developer is the company licensed to build it, by the register’s own licence number; the master developer owns the land under it and is often another company entirely. Off-plan price is the median of registered off-plan sales across this project’s published buildings, 12 months to 12 Oct 2026.

Published buildings in Terraces Marasi Drive

Towers inside this project that have enough registered resales for their own record.

Terraces Marasi Drive

Business Bay · 16 sales, 12 months

2,016

AED/sqft, resale median

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Common questions

When will Terraces Marasi Drive be completed?: The register records Terraces Marasi Drive complete in June 2024. Dubai Land Department project register as of July 2026.
Is Terraces Marasi Drive in escrow?: Yes: the Land Department register names المصرف العربي للاستثمار والتجارة الخارجية المصرف (مساهمة عامة) as the project’s escrow agent, the bank that holds buyers’ payments for the developer. Dubai Land Department project register as of July 2026.
Who is the developer of Terraces Marasi Drive?: The register names the master developer, Business Bay LLC, which owns the land; the company building the project is not recorded. Dubai Land Department project register as of July 2026.
How many units does Terraces Marasi Drive have?: 121 registered units, of which 121 have a title issued. A title is issued at handover, so a live project shows few or none however many units have sold. Dubai Land Department project register as of July 2026.

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Off-plan record for Terraces Marasi Drive

Record type: Project-level off-plan register record
Data date: 2026-10-12
Evidence base: 121 registered units; DLD project register as of 2026-07-06
Sources: Dubai Land Department project register, construction inspections and title register; sale transactions
Canonical record: /off-plan/apartments/dubai/business-bay/terraces-marasi-drive
Method: Definitions and calculations

Cite as: Dubai Wealth Index. “Terraces Marasi Drive, off-plan.” Business Bay, Dubai. Register to 2026-07-06, data to 2026-10-12. https://dubaiwealthindex.com/off-plan/apartments/dubai/business-bay/terraces-marasi-drive