High Floor| Canal View | Rented ROI 6,7%
Terraces Marasi Drive, Business Bay, Dubai, UAE
Listed: 13 Jul 2026
Bedrooms
2
Bathrooms
2
Built-up Area
1,248 sq.ft
Type
Apartment
Asking price
AED 3,295,000
Property Details
Description
AX CAPITAL Real Estate is pleased to offer this exclusive apartment at Terraces Marasi Drive, one of the most unique buildings along the Dubai Water Canal.
- Iconic and unmistakable architectural design
- Only 121 private units in the entire building
- Prime location in Business Bay yet quiet and peaceful
- Scenic promenade for walks with family or morning runs
- Surrounded by premium restaurants, coffee shops, and landmarks like LANA Dorchester Collection and Ritz-Carlton Business Bay
- Amenities: Pool with Burj Khalifa views, sauna, salt room, snow room, ice bathroom, massage room
- State-of-the-art gym occupying half a floor, fully equipped with the latest Technogym equipment
- Apartment features partial canal views and a generous 1,247 sqft layout
- High ceilings of 3.3m providing an airy and light-filled atmosphere
- Marble flooring in living and kitchen areas, with premium finishes throughout
Schedule a viewing to experience the welcoming ambiance and luxurious lifestyle this apartment offers.
AX CAPITAL was built upon a desire to create a real estate agency of the modern era where the customer is central to everything we do. With our values clearly defined, we are committed to continuously evolving as a real estate agency and it is this passion and dedication that marks the foundation of AX CAPITAL and makes us different.
Explore Our Services:
- AX MANAGEMENT
- AX CORPORATE
Regulation
Market Intelligence
How this home compares to recent transactions in Business Bay
Estimated market value
AED 2,027,231
Range AED 1,658,380 – AED 2,378,200
Based on 621 comparable transactions
Median sale price/sqft
Median sale price
Gross rental yield
Est. annual rent
Median price/sqft over time
Recent comparable transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-06-24 | The PadClosest match | 2 | 1,216 sqft | AED 3,100,000 | 2,550 |
| 2024-06-24 | The PadBelow listing | 2 | 1,216 sqft | AED 3,100,000 | 2,550 |
| 2024-07-24 | The PadSmaller unit | 2 | 1,216 sqft | AED 3,394,720 | 2,792 |
| 2024-07-24 | The PadSmaller unit | 2 | 1,216 sqft | AED 3,394,720 | 2,792 |
| 2024-05-29 | 15 Northside Tower 1Below listing | 2 | 1,218 sqft | AED 2,900,000 | 2,382 |
| 2024-05-29 | 15 Northside Tower 2Below listing | 2 | 1,218 sqft | AED 2,900,000 | 2,382 |
Completed transactions in Terraces Marasi Drive
Median sale price/sqft
Median sale price
Gross rental yield
Median annual rent
Median price/sqft over time
Transaction activity
64 sales and 1 rentals in the last 12 months
Off-plan vs ready
Primary vs resale
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-12-18 | Terraces Marasi Drive | 1 | 1,513 sqft | AED 2,490,000 | 1,645 |
| 2024-12-18 | Terraces Marasi Drive | 1 | 1,513 sqft | AED 2,490,000 | 1,645 |
| 2024-11-27 | Terraces Marasi Drive | 2 | 1,403 sqft | AED 2,580,000 | 1,839 |
| 2024-11-27 | Terraces Marasi Drive | 2 | 1,403 sqft | AED 2,580,000 | 1,839 |
| 2024-11-25 | Terraces Marasi Drive | 2 | 1,135 sqft | AED 2,353,571 | 2,075 |
| 2024-11-25 | Terraces Marasi Drive | 2 | 1,135 sqft | AED 2,353,571 | 2,075 |
Completed transactions in Business Bay
Median sale price/sqft
Median sale price
Gross rental yield
Median annual rent
Median price/sqft over time
Community activity
7,768 sales and 15,881 rentals in the last 12 months
Off-plan vs ready
Primary vs resale
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2026-07-10 | Lumena by Omniyat | — | 5,668 sqft | AED 28,280,154 | 4,989 |
| 2026-07-10 | Burj Capital | — | 759 sqft | AED 2,616,000 | 3,449 |
| 2026-07-10 | Lumena Alta by Omniyat | — | 2,598 sqft | AED 15,632,000 | 6,017 |
| 2026-07-10 | Iris Bay | — | 1,557 sqft | AED 4,120,000 | 2,647 |
| 2026-07-10 | Clover Bay Tower | — | 938 sqft | AED 1,405,695 | 1,498 |
| 2026-07-10 | Lumena by Omniyat | — | 4,970 sqft | AED 26,819,013 | 5,396 |
Estimates are based on completed transactions and are not an official valuation. Data as of 2024-12-20.
Mortgage calculator
Estimate your monthly payment and the cash you need upfront.
Estimated monthly payment
AED 13,552
at 3.75% over 25 years
- Down payment
- AED 659,000
- Loan amount
- AED 2,636,000
- Total interest
- AED 1,429,750
- Total cost
- AED 4,724,750
Payment breakdown
Estimates for guidance only. Your bank sets the actual rates, fees and eligibility. The down payment is capped at 80% of the purchase price.
Unlock Full Deal Details
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