Terraces Marasi Drive rents
- 36 new leases and 13 renewals in 12 months
- 121 units
- Business Bay
- near Burj Khalifa / Dubai Mall Metro Station
A one-bed here leases for about AED 135,000 a year, 40% above the typical Business Bay one-bed.
1 bed · typical new lease
135,000AEDa year
AED 100/sqft · -3.6% on a year
- A month, roughly
- AED 11,250
- Renewal
- AED 135,000
- vs Business Bay 1 bed
- 40% above the median
- New leases, 12 months
- 24
What should a lease in Terraces Marasi Drive cost?A one-bed leases for about AED 135,000 a year
Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the Business Bay median for the type.
Ask an agent about this rent →Rent history and contracts
Every contract registered with Ejari — data to 2026-10-12.
A one-bed here now costs 3.6% less than a year earlier: AED 135,000 against 140,000.
Chart data, 1 bed: Dec 2024, AED 146,250; latest, Oct 2026, AED 128,750; peak, Apr 2026, AED 213,334.
49 contracts starting on or after 12 Oct 2025.
About Terraces Marasi DriveA 24-floor tower in Business Bay, an 11-minute drive from DIFC
Terraces Marasi Drive is an apartment building completed in 2024 in Business Bay. 49 yearly leases, new and renewed, were registered with Ejari in the last 12 months.
The building, as registered
- Floors
- 24
- Lifts
- 4
- Parking bays
- 141
- Pools
- 1
Drive times · typical
- Downtown
- 14 min · 6.0 km
- DXB Airport
- 16 min · 16 km
- DIFC
- 11 min · 11 km
- Dubai Marina
- 20 min · 21 km
- Palm Jumeirah
- 26 min · 26 km
Nearest, as registered
- Metro
- Burj Khalifa / Dubai Mall Metro Station
- Mall
- Dubai Mall
- Landmark
- Downtown Dubai
Letting a unit in Terraces Marasi Drive?40% of units here signed a yearly lease in 12 months, below the Business Bay median; new tenants pay more than renewing ones
- Units on a yearly lease
- 40%Fair
- Business Bay median 41%; top tenth from 69%
- New tenant vs renewal
- +9.6%
- New leases AED 153,500, renewals 140,000, all types
- Short-let instead, one-bed
- AED 927
- a night on Airbnb; nets 1.3× the yearly rent at 70% occupancy, after fees, cleaning and utilities
Ejari leases to 12 Oct 2026 · Airbnb asking rates for the next 12 months; occupancy is an assumption, not a measurement
Thinking of selling? Terraces Marasi Drive sale prices →Comparables in Business Bay
Every Business Bay building with a page, ranked by annual rent per sqft over the same 12 months, all unit types. Terraces Marasi Drive places 45th of 100; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against Terraces Marasi Drive.
At 1 bed, Terraces Marasi Drive ranks 60th of 91 by rent per square foot and 24th of 76 by gross yield in Business Bay.
Market context in Business Bay
Registered sales activity
2,705 ready apartment sales in the 12 months to 2026-10-12.
+5.4% in median AED/sqft versus the preceding year, supported by 2,705 current and 3,581 prior price observations.
Explore sales activityPlanned apartment projects
10,312 known registered units across 12 pending projects planned within one year of the 2026-07-06 register.
10 projects had already passed their planned date; 6 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
11,591 apartments are planned in Business Bay from 2026 to 2028, equal to 64% of the 18,176 homes let there today.
Ready prices per sqft fell in 50% of 131 buildings (counted once per bedroom type) in Business Bay with sales in both years; the typical one moved −0.1%.
The pooled median moved +5.4%: 5.5 points more than the typical building, because different buildings traded in each year.
New-lease rents fell in 79% of 124 buildings (counted once per bedroom type) with leases in both years; the typical one moved −5.6%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
Nearby in Business Bay
Prices per sq ft around Terraces Marasi Drive, on the mapPrices per sq ft around Terraces Marasi Drive, on the map
Peninsula Three
Business Bay · 441 contracts, 12 months
100,000
AED a year median · 162/sqft
Prive by DAMAC (B)
Business Bay · 438 contracts, 12 months
75,000
AED a year median · 147/sqft
Prive by DAMAC (A)
Business Bay · 438 contracts, 12 months
75,000
AED a year median · 147/sqft
Amna Tower
Business Bay · 406 contracts, 12 months
135,000
AED a year median · 106/sqft
Ask about Terraces Marasi Drive
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Common questions
- What is the registered annual rent for a 1 bedroom in Terraces Marasi Drive?
- The median new annual rent is AED 135,000, from 24 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.
- Have registered rents in Terraces Marasi Drive risen or fallen?
- The median new annual rent changed -3.6% in the trailing 12 months against the previous 12, using 24 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
- How many apartments change hands in Terraces Marasi Drive?
- 4 sales were registered with the Dubai Land Department in the last 12 months, alongside 24 Ejari rental contracts. Every median on this page rests on those counts.
- Which metro station is closest to Terraces Marasi Drive?
- Burj Khalifa / Dubai Mall Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Dubai Mall.
- What is the rental yield in Terraces Marasi Drive?
- Terraces Marasi Drive returns 6.9% gross: a median new-contract rent of AED 135,000 a year (24 Ejari contracts in 12 months) over a price benchmark of AED 1.95M (median of 4 sales in the last 12 months, latest Jun 2026), before service charge, agency fees or vacant months.
For agents
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Terraces Marasi Drive rental record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 10 registered rental contracts in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
- Canonical record
- /rent/apartments/dubai/business-bay/terraces-marasi-drive
Cite as: Dubai Wealth Index. “Terraces Marasi Drive rents and yield.” Business Bay, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/business-bay/terraces-marasi-drive
Stable dataJSON