Unit 1603, Terraces Marasi Drive: what it sold for and what it is worth now

Unit 1603 at Terraces Marasi Drive is a 1 bed of 1,052 sq ft. It last sold for AED 1,870,000 on 25 Jun 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 2,508,000 today.

Value todayAED 2,508,000AED 2,412,000 to AED 2,542,000
Last saleAED 1,870,00025 Jun 2024 · Off-plan
Change since last sale+34.1% 
Rent (median asking, 1 bed)AED 159,000Gross yield 6.3%
Bedrooms1 bed
Size1,052 sq ft
Floor16 (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 1603

DatePriceSizeAED/sq ftType
25 Jun 2024AED 1,870,0001,052 sq ft1,778Off-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 1 bed sales in Terraces Marasi Drive

UnitDatePriceSizeAED/sq ftType
50817 Jun 2026AED 1,750,0001,105 sq ft1,584Resale
17097 Apr 2026AED 1,896,0001,226 sq ft1,546Resale
130719 Feb 2026AED 2,050,0001,002 sq ft2,046Resale
70612 Nov 2025AED 2,011,0001,051 sq ft1,913Resale
70711 Sep 2025AED 2,200,0001,315 sq ft1,673Resale
5011 Sep 2025AED 3,130,0001,511 sq ft2,071Resale
20817 Jul 2025AED 1,900,0001,086 sq ft1,750Resale
100913 May 2025AED 2,150,0001,119 sq ft1,921Resale

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 (1,052 sq ft). The range uses the middle half of those sales (AED 2,293 to AED 2,416 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 1603 at Terraces Marasi Drive worth?

About AED 2,508,000 (range AED 2,412,000 to AED 2,542,000), based on AED 2,384 per sq ft from registered sales up to 17 Jun 2026.

When did unit 1603 last sell?

25 Jun 2024, for AED 1,870,000 (off-plan). It has 1 registered sale.

What rent can unit 1603 make?

A 1 bed in Terraces Marasi Drive rents for about AED 159,000 a year (median asking rent). That is a gross yield of 6.3% on the estimate.

Sales alert for Terraces Marasi DriveAll sales in Terraces Marasi Drive

Unit 1602 · Unit 1604