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Published

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

ReferenceDD-000160
ContractSale
CategoryApartment
TypeResidential
StatusPublished
StateLive
Bedrooms2
Bathrooms2
Built-up Area1,248 sq.ft
CompletionReady Secondary
Availability2026-03-16
Permit No.71481167353
Listed13 Jul 2026

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

RERA Permit No.: 71481167353|Listed: 13 Jul 2026

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

Confidence: HighListed 62.5% above the market estimate

Based on 621 comparable transactions

Median sale price/sqft

AED 1,625/sqft+11%

Median sale price

AED 2,150,000

Gross rental yield

3.4%

Est. annual rent

AED 112,007

Median price/sqft over time

Dec 23Range AED 1,420 – AED 1,820Dec 24

Recent comparable transactions

DateBuildingBedsAreaPriceAED/sqft
2024-06-24The PadClosest match21,216 sqftAED 3,100,0002,550
2024-06-24The PadBelow listing21,216 sqftAED 3,100,0002,550
2024-07-24The PadSmaller unit21,216 sqftAED 3,394,7202,792
2024-07-24The PadSmaller unit21,216 sqftAED 3,394,7202,792
2024-05-2915 Northside Tower 1Below listing21,218 sqftAED 2,900,0002,382
2024-05-2915 Northside Tower 2Below listing21,218 sqftAED 2,900,0002,382

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.

Residency status
AED 659,000 · 20%
AED 659,000AED 2,636,000
AED 2,636,000 · 80%
AED 659,000AED 2,636,000
25 years
1 year25 years
3.75%
1%10%

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

Principal 65%Interest 35%

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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