Towers along the Dubai Water Canal in Business Bay, Dubai. Area photo, not this projectPhoto: Sergei Gussev, Wikimedia Commons, CC BY 2.0, resized and cropped
A drawing, not this building
The short answer
Terraces Marasi Drive is listed as finished on the DLD register. Its 17 home sales over Oct 2025–Sep 2026 registered at a median AED 4.5m, AED 1,985 per sq ft.
DLD registerSourceDLD project registerFigureas the register lists itDatasales to 5 Oct 2026 · DLD register read 13 Oct 2026How it is worked out
Finished
project 2568
Sales since Jan 2019SourceDLD registered salesWindowJan 2019–5 Oct 2026Based on157 salesFigurecount of registered sales of every typeDatasales to 5 Oct 2026How it is worked out
157
registered with DLD, all types
Median 2 BRSourceDLD registered salesWindowOct 2025–Sep 2026Based on12 salesFiguremedian price and median price per sq ft of home sales of this sizeDatasales to 5 Oct 2026How it is worked out
AED 4.9m
AED 2,173/sq ft · 12 sales
Median home priceSourceDLD registered salesWindowOct 2025–Sep 2026Based on17 salesFiguremedian of registered home sales, not an asking priceDatasales to 5 Oct 2026How it is worked out
AED 4.5m
17 home sales, Oct 2025–Sep 2026
Sales, 12 monthsSourceDLD registered salesWindowOct 2025–Sep 2026Based on17 salesFigureregistered sales of every property typeDatasales to 5 Oct 2026How it is worked out
17
−39% on Oct 2024–Sep 2025
Registered prices of 2-bedroom homes here, Oct 2025–Sep 2026
Lower quartile, median and upper quartile of 12 home sales; median size 2,225 sq ft.
The DLD project register
Finished
Finished on the DLD register
100% built at DLD’s inspection on 1 Oct 2024.
DLD project number
2568
Status
Finished
Completion date
1 Jun 2024
Start date
1 Mar 2022
Registered
15 Mar 2023
Developer
Key Mavens For Real Estate Development L.L.C · DLD developer 1419
Escrow account bank
Arab Bank For Investment & Foreign Trade Almasref
Units
125
Buildings
1: Terraces Marasi Drive
Inspection history: 5 inspections on the register
Inspection date
Built
1 Oct 2024
100%
29 Apr 2024
90.04%
19 Oct 2023
63.64%
8 Aug 2023
46.38%
6 Feb 2023
30.07%
Source: Dubai Land Department project register, read 13 Oct 2026. The register’s own figures, shown as it lists them.
Developer’s reply: none yet. Key Mavens can send a reply about these figures; replies are checked before they’re published and never change a number. How developers reply
Statement ID S-2568-H1 · DLD register read 13 Oct 2026
Home prices by size
registered home sales, Oct 2025–Sep 2026
Size
Sales
Median price
Median AED /sq ft
Median size, sq ft
1 BR
4 · fewer than 5
—
—
—
2 BR
12
AED 4.9m
2,173
2,225
4 BR
1 · fewer than 5
—
—
—
Medians of registered flat and villa sales with no data-quality flag; a size with fewer than 5 sales shows no median.
Check an asking price
use the size on the sale contract
Enter the size and the asking price to compare them with registered sales.
Every type of sale, newest first; DLD publishes no time of day. Price per sq ft for homes only. “vs area”: against the median for that size in Business Bay, Oct 2025–Sep 2026.
Key Mavens’s newest ads
None of Key Mavens’s 3 running ads names Terraces Marasi Drive; these are the newest, from Meta’s Ad Library on 26 Oct 2026. Prices and claims in ads are the developer’s, not checked against DLD records.
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Each point is the median price per square foot of the month’s registered home sales (flats and villas). A month with fewer than 10 home sales is left as a gap. Registered prices, not asking prices.
Most sold size
1 bedroom
24%Studio
44%1
25%2
6%3
1%4
0%5+
Share of the home sales over Oct 2025–Sep 2026 that recorded a bedroom count
Sales a year
13,134 sales2025+480%on 2019
Full years only, registered sales of every type. 4,953 sales in 2026 to 5 Oct.
Off-plan share
57% of the 8,128 sales over Oct 2025–Sep 2026 were registered as off-plan, DLD’s own registration type.
The full record
every figure behind the summary
Sales by year and by month
Year
Sales
Off-plan
Ready
Value
Median home price
Median AED /sq ft
2022
1
0
1
AED 45.0m
—
—
2023
56
56
0
AED 136m
AED 2.0m
1,679
2024
60
57
3
AED 175m
AED 2.5m
1,807
2025
26
0
26
AED 91.2m
AED 2.9m
1,966
2026 to 5 Oct
14
0
14
AED 66.7m
AED 4.3m
2,016
Sales and value: registered sales of every property type since Jan 2019. Off-plan: DLD’s registration type; Ready: every other sale. Medians: home sales only, shown with 5 or more.
157sales registered, Feb 2022 to Sep 2026
Every registered sale, all property types.
Other projects in Business Bay
8,128 sales were registered in Business Bay over Oct 2025–Sep 2026, with homes at a median AED 2,082 per sq ft over Jul–Sep 2026.
Terraces Marasi Drive is a Key Mavens project in Business Bay, Dubai, registered with the Dubai Land Department as project 2568 by Key Mavens For Real Estate Development L.L.C. The register lists it as finished.
157 sales have been registered since Jan 2019, the first on 11 Feb 2022, 17 of them over Oct 2025–Sep 2026. Over those twelve months its 17 home sales registered at a median AED 4.5m. The sales include 1 land plot, left out of every price figure. These are prices buyers paid, recorded at registration, not asking prices.
By sales since Jan 2019 it is 89th of the 140 projects with a registered sale in Business Bay, and 2nd of Key Mavens’s 2.
Questions about Terraces Marasi Drive
Is Terraces Marasi Drive finished?
Yes. The DLD register lists Terraces Marasi Drive as finished.
What do homes in Terraces Marasi Drive sell for?
2 BR: a median AED 4.9m, AED 2,173 per sq ft, from 12 sales. Registered home sales over Oct 2025–Sep 2026, not asking prices.
How many sales has Terraces Marasi Drive had?
157 sales registered with the Dubai Land Department since Jan 2019, 17 of them over Oct 2025–Sep 2026. The count includes 1 land plot, which are left out of every price figure.
Who is the developer of Terraces Marasi Drive?
The DLD register lists Key Mavens For Real Estate Development L.L.C, DLD developer number 1419, which we group under Key Mavens.
Where is Terraces Marasi Drive?
In Business Bay, Dubai. The Dubai Land Department registers its sales under the district Business Bay. Homes there registered at a median AED 2,082 per sq ft over Jul–Sep 2026.
Which escrow account does DLD list for Terraces Marasi Drive?
The DLD project register lists an escrow account with Arab Bank For Investment & Foreign Trade Almasref for Terraces Marasi Drive.
Cite this page
Terraces Marasi Drive, Business Bay. Real Estate IQ, from DLD registered sales to 5 Oct 2026 and the DLD project register read 13 Oct 2026. dubairealestateiq.com/project/terraces-marasi-drive