Terraces (Marasi Drive)
by Keymavens · 📍 Business Bay
Terraces (Marasi Drive) is a project by Keymavens in Business Bay, Dubai. It offers 1 Bedroom, 2 Bedroom, 3 Bedroom and 4 Bedroom. The Dubai Land Department project register lists completion for June 2024. It was 100% built at the official RERA site inspection of 1 October 2024.
About the project
Luxury waterfront project of 121 residences on Marasi Drive along the Dubai Canal in Business Bay, near Downtown Dubai and Burj Khalifa. Comprises 1-4 bedroom residences, duplexes and penthouses (3 and 4 bedroom units include maids rooms) with sweeping canal and skyline views, generous units and private terraces. Currently marked FULLY BOOKED.
Construction progress
Finished100% complete at the latest RERA site inspection on 1 Oct 2024; completed 1 Jun 2024.
| Inspection | Complete | Photos |
|---|---|---|
| 1 Oct 2024 | 100% | 12 |
| 29 Apr 2024 | 90.04% | 6 |
| 19 Oct 2023 | 63.64% | 12 |
| 8 Aug 2023 | 46.38% | 10 |
| 6 Feb 2023 | 30.07% | 11 |
Official RERA site-inspection records for registered project #2568, updated daily. Tap a photo for the full-size original.
Amenities
How it compares in Business Bay
50 other off-plan projects in Business Bay · average entry price AED 1.49M
Terraces (Marasi Drive): questions and answers
When is the handover of Terraces (Marasi Drive)?
The Dubai Land Department project register lists the completion date of Terraces (Marasi Drive) as June 2024.
How much of Terraces (Marasi Drive) is built?
Terraces (Marasi Drive) was 100% complete at the official RERA site inspection of 1 October 2024.
Is Terraces (Marasi Drive) registered with the Dubai Land Department?
Yes. Terraces (Marasi Drive) is registered with the Dubai Land Department as project number 2568, and its escrow account is held at Arab Bank For Investment & Foreign Trade Almasref P.J.S.C.. By law, buyers' payments for an off-plan home in Dubai go into the project's escrow account.
Who is the developer of Terraces (Marasi Drive)?
Terraces (Marasi Drive) is developed by Keymavens.
Where is Terraces (Marasi Drive) located?
Terraces (Marasi Drive) is in Business Bay (Marasi Drive / Dubai Canal), Dubai.
What unit types does Terraces (Marasi Drive) offer?
Terraces (Marasi Drive) offers 1 Bedroom, 2 Bedroom, 3 Bedroom and 4 Bedroom. The project has 125 units in the Dubai Land Department project register.
What is the average price per sqft in Business Bay?
Apartments in Business Bay sell for about AED 1,702/sqft (AED 18,324/m²), based on 16,885 registered sales since 2023.
What rental yield can I expect in Business Bay?
Apartments in Business Bay yield about 6.1% gross, or about 5.0% net after service charges, based on 62,333 registered rent contracts and 16,885 sales since 2023.
What are the service charges in Business Bay?
Service charges for apartments in Business Bay are about AED 18.31/sqft (AED 197/m²) a year, per an independent third-party source. The exact rate depends on the building, so confirm it with the developer before buying.
What amenities does Terraces (Marasi Drive) have?
Terraces (Marasi Drive) lists these amenities: Swimming pools and common pool areas, Spa center with ice/snow and oxygen rooms, Gym with TechnoGym equipment, Massage room, Pilates and yoga room, Recreation areas and landscaped garden, Children's playground and Barbecue area, plus 4 more.
Explore more
More off-plan projects by Keymavens
- Montage, Al Jaddaffrom AED 1.10M
✦ Want the full picture on Terraces (Marasi Drive)?
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Source: developer’s official website. Prices are "starting from" figures where published. Always verify with the developer before transacting. Project details last checked on 14 Jun 2026.