Home›Projects›TERRACES MARASI DRIVE

TERRACES MARASI DRIVE

by KEY MAVENS FOR REAL ESTATE DEVELOPMENT L.L.C·BUSINESS BAYResidentialFreeholdOff-plan Heavy

Development & Handover Profile

✓ Handover Complete

Construction Progress100.0%

Project Start

Mar 1, 2022

Expected Handover

Jun 1, 2024

Official Status

FINISHED

Total Units

125

Avg Unit Size

1598 sqft

Freehold Ratio

100%

Escrow Agent

Arab Bank for Investment & Foreign Trade PJSC

Median Price

AED 2.40M

PSF

AED 1,799/sqft

Sales 12M

vs Area

+73.0%

Asset Turnover

ⓘ

4.0%

Liquidity (12M)

Physical Inventory Profile

Total Registered Units

125

Avg Unit Size

1598 sqft

3.2%

3BR

2.4%

1BR

56.8%

2BR

36.8%

4BR+

0.8%

Room Configuration

Unit Type	Count	Share
1BR	71	56.8%
2BR	46	36.8%
NA	4	3.2%
3BR	3	2.4%
4BR+	1	0.8%

Price & Volume Trend

Unit Liquidity Matrix

Compares physical inventory against actual 12M sales volume. A Demand Index near 1.0 indicates a perfectly balanced secondary market for that unit type.

Unit Type	Inventory Share	Sales Share (12M)	Demand Index	Status
1BR	58.7% 71 units	31.6% 6 sold	0.54	⚠️ LOW DEMAND
2BR	38.0% 46 units	63.2% 12 sold	1.66	🔥 HIGH DEMAND
3BR	2.5% 3 units	0.0% 0 sold	—	⚠️ STAGNANT
4BR+	0.8% 1 units	5.3% 1 sold	6.62	⚠️ STAGNANT

Recent Transactions

Date	Area	Rooms	Price	PSF	Status	Ownership
17 Jun 2026	BUSINESS BAY	1BR	AED 1.75M	AED 1,583/sqft	Ready	Freehold
29 Apr 2026	BUSINESS BAY	2BR	AED 5.10M	AED 2,384/sqft	Ready	Freehold
7 Apr 2026 Published 8 Apr 2026	BUSINESS BAY	1BR	AED 1.90M	AED 1,546/sqft	Ready	Freehold
7 Apr 2026 Published 8 Apr 2026	BUSINESS BAY	2BR	AED 3.58M	AED 1,548/sqft	Ready	Freehold
3 Apr 2026 Published 6 Apr 2026	BUSINESS BAY	2BR	AED 947K	AED 1,670/sqft	Ready	Freehold
26 Mar 2026 Published 27 Mar 2026	BUSINESS BAY	4BR+	AED 18.00M	AED 1,379/sqft	Ready	Freehold
25 Mar 2026 Published 26 Mar 2026	BUSINESS BAY	2BR	AED 5.80M	AED 2,303/sqft	Ready	Freehold
17 Mar 2026 Published 18 Mar 2026	BUSINESS BAY	2BR	AED 4.71M	AED 2,201/sqft	Ready	Freehold
5 Mar 2026 Published 6 Mar 2026	BUSINESS BAY	2BR	AED 3.90M	AED 1,691/sqft	Ready	Freehold
25 Feb 2026	BUSINESS BAY	2BR	AED 5.20M	AED 2,431/sqft	Ready	Freehold
19 Feb 2026	BUSINESS BAY	1BR	AED 2.05M	AED 2,046/sqft	Ready	Freehold
19 Feb 2026	BUSINESS BAY	2BR	AED 6.05M	AED 2,402/sqft	Ready	Freehold
22 Jan 2026	BUSINESS BAY	2BR	AED 2.75M	AED 2,424/sqft	Ready	Freehold
9 Jan 2026	BUSINESS BAY	2BR	AED 5.00M	AED 1,985/sqft	Ready	Freehold
26 Nov 2025	BUSINESS BAY	2BR	AED 4.50M	AED 2,144/sqft	Ready	Freehold
12 Nov 2025	BUSINESS BAY	1BR	AED 2.01M	AED 1,913/sqft	Ready	Freehold
20 Oct 2025	BUSINESS BAY	2BR	AED 5.00M	AED 1,983/sqft	Ready	Freehold
11 Sep 2025	BUSINESS BAY	1BR	AED 2.20M	AED 1,673/sqft	Ready	Freehold
1 Sep 2025	BUSINESS BAY	1BR	AED 3.13M	AED 2,072/sqft	Ready	Freehold
17 Jul 2025	BUSINESS BAY	1BR	AED 1.90M	AED 1,750/sqft	Ready	Freehold
9 Jul 2025	BUSINESS BAY	2BR	AED 2.75M	AED 1,926/sqft	Ready	Freehold
13 May 2025	BUSINESS BAY	1BR	AED 2.15M	AED 1,921/sqft	Ready	Freehold
8 May 2025	BUSINESS BAY	1BR	AED 2.20M	AED 2,037/sqft	Ready	Freehold
8 May 2025	BUSINESS BAY	2BR	AED 3.38M	AED 2,364/sqft	Ready	Freehold
7 May 2025	BUSINESS BAY	1BR	AED 2.28M	AED 1,799/sqft	Ready	Freehold
24 Apr 2025	BUSINESS BAY	1BR	AED 2.00M	AED 1,481/sqft	Ready	Freehold
11 Apr 2025	BUSINESS BAY	2BR	AED 5.50M	AED 2,181/sqft	Ready	Freehold
13 Mar 2025	BUSINESS BAY	2BR	AED 5.10M	AED 2,384/sqft	Ready	Freehold
7 Mar 2025	BUSINESS BAY		AED 4.20M	AED 4,013/sqft	Ready	Freehold
28 Feb 2025	BUSINESS BAY	1BR	AED 2.20M	AED 1,966/sqft	Ready	Freehold