Unit 1204, Terraces Marasi Drive: what it sold for and what it is worth now

Unit 1204 at Terraces Marasi Drive is a 2 bed of 1,134 sq ft. It last sold for AED 2,692,800 on 5 Dec 2023. At AED 2,011 per sq ft, from 8 sales of units ending 04 (same position in the tower), it is worth about AED 2,280,000 today.

Value todayAED 2,280,000AED 2,036,000 to AED 2,468,000
Last saleAED 2,692,8005 Dec 2023 · Off-plan
Change since last sale-15.3% 
Rent (median asking, 2 bed)AED 245,000Gross yield 10.7%
Bedrooms2 bed
Size1,134 sq ft
Floor12 (from the unit number)
Position in the towerStack 04: units ending 04 share the same layout and view
BuildingTerraces Marasi Drive by Keymaven, handed over 2024
Registered sales of this unit1

Every registered sale of unit 1204

DatePriceSizeAED/sq ftType
5 Dec 2023AED 2,692,8001,134 sq ft2,375Off-plan

Units ending 04 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
150425 Mar 2026AED 5,800,0002,519 sq ft2,303Resale
5049 Jan 2026AED 5,000,0002,519 sq ft1,985Resale
11048 May 2025AED 2,200,0001,080 sq ft2,037Resale
60424 Apr 2025AED 2,000,0001,351 sq ft1,480Resale
170414 Feb 2025AED 5,681,0002,519 sq ft2,255Resale
20412 Feb 2025AED 2,000,0001,084 sq ft1,845Resale
10043 Jan 2025AED 5,340,0002,483 sq ft2,151Resale
80418 Dec 2024AED 2,490,0001,513 sq ft1,646Resale

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 8 resale sales of units ending 04 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,011). We multiplied it by the size of this unit (1,134 sq ft). The range uses the middle half of those sales (AED 1,795 to AED 2,177 per sq ft). 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 1204 at Terraces Marasi Drive worth?

About AED 2,280,000 (range AED 2,036,000 to AED 2,468,000), based on AED 2,011 per sq ft from registered sales up to 17 Jun 2026.

When did unit 1204 last sell?

5 Dec 2023, for AED 2,692,800 (off-plan). It has 1 registered sale.

What rent can unit 1204 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 10.7% on the estimate.

Sales alert for Terraces Marasi DriveAll sales in Terraces Marasi Drive

Unit 1203 · Unit 1205