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Terraces Marasi Drive

A 2 bed in Terraces Marasi Drive costs a median AED 5.00M, rents long-let for AED 250,000/yr (5.30% gross), and returns 4.60% short-let at the assumed 80% occupancy — -1.3 pts vs Business Bay's 6.64% and -1.7 pts vs Dubai's 6.97% — from 25 sales and 22 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · 2 bed
12 in 12 months
Rental contracts · 2 bed
11 in 12 months
Buy
5.00MAED
AED 1,946/sqft
Long-let
5.30%
AED 250,000/yr
Short-let
4.60%
AED 1,089/night · 0.47/sqft

Price per sqft: Median of 6 registered sales of ready units in the last 6 months, most recent April 2026.

Priced off the last 5 sales — most recent April 2026.

Yield spread
-1.3 pts
vs the Business Bay median for this unit type
AED/yr/sqft
AED 135
Sales
25
Rental contracts
22
Renewal rent
AED 270,752/yr
12 months
-0.4%
3 years
-1.1%-0.4%/yr

Based on 25 sales and 22 rental contracts in the last 24 months.

Terraces Marasi Drive is an apartment building in Business Bay, Dubai. The closest metro station is Burj Khalifa / Dubai Mall Metro Station, the nearest mall Dubai Mall and the nearest landmark Downtown Dubai. Land Department records for it run from 2023 to 2026, 308 registered sales in all — the 25 in the last 24 months are what every median above is computed from.

Yield by bedroom type

TypeMedian priceAED/sqftYield12moSales
1 bedAED 2.05M17506.96%
-0.2 pts
+2.5%19
2 bedAED 5.00M21815.30%
-1.3 pts
-0.4%25
4+ bedAED 18.00M13791

Deltas compare each yield with the Business Bay median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Short-let rates around Terraces Marasi Drive

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured
Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.
TypeNightly (AED)AED/night/sqftNet revenue at 80%Long-let rentUpliftShort-let yieldListings seen
1 bed9270.79AED 209,077AED 140,0001.5×10.20%1+
2 bed1,0890.47AED 230,133AED 250,0000.9×4.60%2+

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

1 bed: first Oct 2026, 0.45 AED/night/sqft; latest Sep 2027, 0.32 AED/night/sqft; peak Jan 2027, 0.62 AED/night/sqft.

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts
Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing.

Off-plan vs resale

Units sold off-plan in Terraces Marasi Drive between 2023 and 2024 went for a median of AED 1,725/sqft (AED 2.12M). The same building resells today at AED 1,926/sqft (AED 2.75M) — an uplift of +42.6%.

Based on 112 off-plan sales across the building's full history.

Why this uses the full history
This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

19 resales in the last 12 months, against 47 a year on average over 2023–2025.

Sales

DateTypeSqftPriceAED/sqft
17 Jun 20261 bed1,105AED 1,750,0001,583

1 resales in the last 3 months.

Rental contracts

StartTypeSqftAnnual rentAED/sqftContract
1 Apr 20342 bed2,139AED 3,780,001Renewal
12 Aug 20261 bed1,052AED 100,00095New
7 Aug 20261 bed1,267AED 150,000118New
7 Aug 20261 bed1,085AED 119,290110Renewal
3 Aug 20261 bed1,149AED 110,00096New
30 Jul 20261 bed1,084AED 110,000101Renewal
24 Jul 20261 bed1,315AED 105,00080New
16 Jul 20261 bed1,080AED 165,000153New
14 Jul 20261 bed1,119AED 155,000139New
1 Jul 20261 bed1,175AED 95,00081New
23 Jun 20261 bed1,085AED 123,000113Renewal
9 Jun 20261 bed1,149AED 93,60081New
9 Jun 20261 bed1,149AED 96,30084New
8 Jun 20262 bed1,135AED 215,000190New
1 Jun 20261 bed1,054AED 115,000109New
1 Jun 20261 bed1,071AED 150,000140New

16 contracts starting on or after 26 May 2026.

Start dates after 26 Aug 2026 are contracts already filed for a later move-in. They count towards the rent medians above for the same reason they appear here.

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors
24
Lifts
4
Parking bays
141
Swimming pools
1

Nearby

Metro
Burj Khalifa / Dubai Mall Metro Station
Mall
Dubai Mall
Landmark
Downtown Dubai

Compare with nearby buildings

The most-traded buildings in Business Bay, on the same figures over the same window.

Common questions

What is the rental yield in Terraces Marasi Drive?
Terraces Marasi Drive returns 5.30% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 22 rental contracts registered in the last 24 months.
How much does a 2 bedroom in Terraces Marasi Drive cost?
The median registered sale price is AED 5.00M (2,181 AED/sqft), from 25 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Terraces Marasi Drive selling for right now?
Registered sales of ready units in Terraces Marasi Drive over the last 6 months have a median of 1,946 AED/sqft, across 6 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in Terraces Marasi Drive risen or fallen?
Median price per square foot moved -0.4% over the last 12 months against the 12 before it, on 25 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Terraces Marasi Drive compare with Business Bay?
Its 5.30% gross yield sits -1.3 pts against the Business Bay median of 6.64%, computed at the same bedroom grain over the same 24-month window.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26. Short-let rates are collected separately from public Airbnb search results.

Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

Terraces Marasi Drive sale record

Record type
Building-level property market record
Data date
Evidence base
25 registered sales in the trailing 24 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
Canonical record
/sale/apartments/dubai/business-bay/terraces-marasi-drive
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Terraces Marasi Drive sale prices and yield.” Business Bay, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/business-bay/terraces-marasi-drive.

Stable dataJSON

Where this data stops

Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.