Dubai Land Department Off-Plan Register

Terraces Marasi Drive Launch Prices

Off-plan in Business Bay · Developer launch registrations from the Dubai Land Department off-plan register

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At a glance

Launch Summary

113 developer launch sales registered at Terraces Marasi Drive between Oct 2023 and Oct 2024: 100% apartments, most commonly 1-bed units, typically around 1,227 sqft.

Launch sales
113
DLD off-plan registrations, all time
Median launch /sqft
AED 1,730
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 1,595,0007,780,000
Min – max registered

Bed mix: 1-bed 65% · 2-bed 32% · 3-bed 3%.

Every figure here is a registered developer launch price from the DLD off-plan register - a different kind of price from a ready-market resale, and kept entirely separate from KhaleejKeys' resale statistics.

Launch price history

Launch Price by Quarter

Median registered launch price per square foot at Terraces Marasi Drive, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2023 Q456AED 1,678
2024 Q137AED 1,821
2024 Q212AED 1,702
2024 Q36AED 1,943
2024 Q42AED 1,567
Two different markets

Launch vs Resale

Terraces Marasi Drive also has 34 ready-market resales registered with the DLD, the first on 27 November 2024 - 13 months after the first launch registration. A developer launch price and an arm's-length resale are different kinds of price; the gap is context, not a return.

Resales registered
34
34 in the last 2 years
Resale median /sqft
AED 1,946
last 2 years
Resale vs launch
+12%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Terraces Marasi Drive →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
1,178 sqft · 11 October 2024
AED 1,650,000
AED 1,401 /sqft
Apartment · 1 Bed
1,004 sqft · 10 October 2024
AED 1,740,000
AED 1,733 /sqft
Apartment · 1 Bed
1,115 sqft · 2 September 2024
AED 1,880,000
AED 1,686 /sqft
Apartment · 2 Bed
2,518 sqft · 20 August 2024
AED 5,027,400
AED 1,997 /sqft
Apartment · 2 Bed
2,518 sqft · 20 August 2024
AED 5,400,000
AED 2,144 /sqft

Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.

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Other Off-Plan Projects in Business Bay

Off-plan in Business Bay

Compare this project with every other off-plan launch registered in Business Bay, or see the community's resale market.

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