Unit 1203, Terraces Marasi Drive: what it sold for and what it is worth now

Unit 1203 at Terraces Marasi Drive is a 2 bed of 2,047 sq ft. It last sold for AED 4,500,000 on 31 Jul 2024. At AED 2,384 per sq ft, from 7 sales of units ending 03 (same position in the tower), it is worth about AED 4,881,000 today.

Value todayAED 4,881,000AED 4,693,000 to AED 4,946,000
Last saleAED 4,500,00031 Jul 2024 · Off-plan
Change since last sale+8.5%Building trend alone: AED 4,548,861
Rent (median asking, 2 bed)AED 245,000Gross yield 5.0%
Bedrooms2 bed
Size2,047 sq ft
Floor12 (from the unit number)
Position in the towerStack 03: units ending 03 share the same layout and view
BuildingTerraces Marasi Drive by Keymaven, handed over 2024
Registered sales of this unit1

Every registered sale of unit 1203

DatePriceSizeAED/sq ftType
31 Jul 2024AED 4,500,0002,047 sq ft2,198Off-plan

Units ending 03 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
50329 Apr 2026AED 5,100,1002,139 sq ft2,384Resale
30317 Mar 2026AED 4,715,0002,142 sq ft2,201Resale
100325 Feb 2026AED 5,200,0002,139 sq ft2,431Resale
80319 Feb 2026AED 6,050,0002,519 sq ft2,402Resale
50313 Mar 2025AED 5,100,0002,139 sq ft2,384Resale
70313 Feb 2025AED 3,800,0002,143 sq ft1,773Resale
15033 Jan 2025AED 5,216,4502,139 sq ft2,439Resale
80320 Aug 2024AED 5,400,0002,519 sq ft2,144Off-plan

Latest 2 bed sales in Terraces Marasi Drive

UnitDatePriceSizeAED/sq ftType
50329 Apr 2026AED 5,100,1002,139 sq ft2,384Resale
13067 Apr 2026AED 3,579,5592,312 sq ft1,548Resale
150425 Mar 2026AED 5,800,0002,519 sq ft2,303Resale
30317 Mar 2026AED 4,715,0002,142 sq ft2,201Resale
8085 Mar 2026AED 3,900,0002,307 sq ft1,691Resale
100325 Feb 2026AED 5,200,0002,139 sq ft2,431Resale
80319 Feb 2026AED 6,050,0002,519 sq ft2,402Resale
151022 Jan 2026AED 2,750,0001,135 sq ft2,423Resale

How we worked out the value

We took the 7 resale sales of units ending 03 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,384). We multiplied it by the size of this unit (2,047 sq ft). The range uses the middle half of those sales (AED 2,293 to AED 2,416 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 4,548,861. Floor, view, condition and upgrades can move the price either way. Sales data to 17 Jun 2026, from the Dubai Land Department register.

Questions

What is unit 1203 at Terraces Marasi Drive worth?

About AED 4,881,000 (range AED 4,693,000 to AED 4,946,000), based on AED 2,384 per sq ft from registered sales up to 17 Jun 2026.

When did unit 1203 last sell?

31 Jul 2024, for AED 4,500,000 (off-plan). It has 1 registered sale.

What rent can unit 1203 make?

A 2 bed in Terraces Marasi Drive rents for about AED 245,000 a year (median asking rent). That is a gross yield of 5.0% on the estimate.

Sales alert for Terraces Marasi DriveAll sales in Terraces Marasi Drive

Unit 1202 · Unit 1204