Skip to main content
Heart HomesHeart Homes

Terraces Marasi Drive

Apartment 2 BR DAMAC Properties

BELOW MARKET

Total Price

3,579,559

Rate

1,548 AED/sqft

Size

2,312 sqft

Comparable sales

View area trends

Rental context

Comparable 2-bedroom apartments in Business Bay rent for a median of 125,000/yr across 144 Ejari contracts in the last two years.

Median annual rent
125,000
Sale price (this txn)
3,579,559
Implied gross yield
3.5%

Yield = median annual rent ÷ this transaction's sale price. Rent and sale data are independent — rent is from the Ejari rental-contracts feed, price is from this DLD transaction. Implied yield is gross (no service charges, agency fees, or vacancy).

Verdict logic

This transaction cleared at 1,548 AED/sqft, below market compared with the median of comparable apartment sales in Business Bay.

  • Comparable median: 2,817 AED/sqft across 6arm's-length sales weighted by location, size, beds and recency.
  • Delta vs comparable median: −45.0%.
  • Gifts and mortgages excluded.
highSale

Location context

Business Bay · DAMAC Properties

Centroid shown — DLD parcel coordinates ship with the live data feed.

Heart Homes Assistant

Query deeper insights on this transaction.

Ask about building history, rental yields, or neighbourhood liquidity — answers are grounded in the dataset.

Ask AI

Verify & cross-reference

Open Terraces Marasi Drive on DXB Interact

DXB Interact's building page lists every registered sale — filter by date or price to find this one. The “DLD ref” below is the transaction id from DLD's open dataset for your own records.

Building
Terraces Marasi Drive, Business Bay
Sale date
08 Apr 2026
Procedure
Sell · Ready · arm's-length
DLD ref
DLD-1-11-2026-12904
DLD AED/sqm
16,667(our derived AED/sqft: 1,548)
▸ Raw DLD record
transaction_id
dld-1-11-2026-12904
instance_date
2026-04-08
area_name_en
Business Bay
master_project_en
Business Bay
project_name_en
TERRACES MARASI DRIVE
building_name_en
Terraces Marasi Drive
property_type_en
Apartment
rooms
2 BR
size_sqft
2,312
actual_worth
AED 3,579,559
meter_sale_price
16,667 AED/sqm
procedure_name_en
Sell
reg_type_en
Existing Properties
property_usage_en
Residential
has_parking
yes
parties (seller / buyer)
1 / 1
nearest_landmark_en
Downtown Dubai
nearest_metro_en
Buj Khalifa Dubai Mall Metro Station
nearest_mall_en
Dubai Mall
load_timestamp
2026-05-20T13:18:43.000Z

This record is pulled directly from the Dubai Land Department's open data portal. The “DLD ref” field above is the registered DLD transaction id — use the DXB Interact lookup to cross-check; the building, area, date and price will match the public record. Heart Homes is not affiliated with the Department.DLD open-data home ↗