TERRACES MARASI DRIVE

Ready

DeveloperKEY MAVENS FOR REAL ESTATE DEVELOPMENT L.L.C

CommunityBusiness Bay

AreaBusiness Bay

Started

3 years 10 months ago01-03-2022

Handover

1 year 7 months ago01-06-2024

Status

CompleteFinished

Project Description

G+3P+19F+R

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Stable

-2%

Decline

Current:AED 1,929/sqft

Last 12M:AED 1,968/sqft

Momentum: Last 12Mvs Prior Year

Rising

+6%

Growth

Last 12M:AED 1,968/sqft

Prior Year:AED 1,852/sqft

Community Compare: Last 90DBusiness Bay

Discount

-21%

Below Avg

Project:AED 1,979/sqft

Community:AED 2,497/sqft

Liquidity: Last 12MExit Speed

Moderate

15%Turnover

19Sold (Last 12M)

Supply & Demand Matrix

TERRACES MARASI DRIVE averaged 15% liquidity over the last 12 months, which is considered moderate. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.

Type

Absorption (L12M)

Velocity

1 Bedroom

71 units

9 sold62 left

13%

Velocity

2 Bedrooms

46 units

10 sold36 left

22%

Velocity

3 Bedrooms

3 units

0 sold3 left

Velocity

4 Bedrooms

1 units

0 sold1 left

Velocity

Shop

4 units

0 sold4 left

Velocity

Layouts & Units (125)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 9 units	Type Flat	Beds 2 B/R	Size 2,519 sqft	Avg Price AED 5.3M	Last Price AED 5.0M	Last Sold 14 days ago	Sales 4

Units 2 units	Type Flat	Beds 2 B/R	Size 2,098 sqft	Avg Price AED 4.5M	Last Price AED 4.5M	Last Sold about 2 months ago	Sales 1

Units 3 units	Type Flat	Beds 1 B/R	Size 1,052 sqft	Avg Price AED 2.0M	Last Price AED 2.0M	Last Sold 2 months ago	Sales 1

Units 3 units	Type Flat	Beds 1 B/R	Size 1,315 sqft	Avg Price AED 2.2M	Last Price AED 2.2M	Last Sold 4 months ago	Sales 1

Units 4 units	Type Flat	Beds 1 B/R	Size 1,511 sqft	Avg Price AED 3.1M	Last Price AED 3.1M	Last Sold 5 months ago	Sales 1

Units 12 units	Type Flat	Beds 1 B/R	Size 1,085 sqft	Avg Price AED 1.9M	Last Price AED 1.9M	Last Sold 6 months ago	Sales 1

Units 3 units	Type Flat	Beds 2 B/R	Size 1,430 sqft	Avg Price AED 2.8M	Last Price AED 2.8M	Last Sold 7 months ago	Sales 3

Units 2 units	Type Flat	Beds 1 B/R	Size 1,119 sqft	Avg Price AED 2.2M	Last Price AED 2.1M	Last Sold 8 months ago	Sales 2

Units 1104	Type Flat	Beds 1 B/R	Size 1,080 sqft	Avg Price AED 2.2M	Last Price AED 2.2M	Last Sold 9 months ago	Sales 1

Units 902	Type Flat	Beds 1 B/R	Size 1,267 sqft	Avg Price AED 2.3M	Last Price AED 2.3M	Last Sold 9 months ago	Sales 1

Units 604	Type Flat	Beds 1 B/R	Size 1,351 sqft	Avg Price AED 2.0M	Last Price AED 2.0M	Last Sold 9 months ago	Sales 1

Units 7 units	Type Flat	Beds 2 B/R	Size 2,142 sqft	Avg Price AED 5.1M	Last Price AED 5.1M	Last Sold 11 months ago	Sales 1

Units 305	Type Flat	Beds 1 B/R	Size 1,567 sqft	Avg Price AED 2.9M	Last Price AED 2.9M	Last Sold 12 months ago	Sales 1

Units 2 units	Type Flat	Beds 2 B/R	Size 2,483 sqft	Avg Price AED 5.3M	Last Price AED 5.3M	Last Sold about 1 year ago	Sales 1

Units 6 units	Type Flat	Beds 1 B/R	Size 1,514 sqft	Avg Price AED 2.5M	Last Price AED 2.5M	Last Sold about 1 year ago	Sales 1

Units 509	Type Flat	Beds 2 B/R	Size 1,403 sqft	Avg Price AED 2.6M	Last Price AED 2.6M	Last Sold about 1 year ago	Sales 1

Units RETAIL-04	Type Shop	Beds —	Size 347 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL-03	Type Shop	Beds —	Size 591 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL-01	Type Shop	Beds —	Size 1,047 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL-02	Type Shop	Beds —	Size 1,271 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1103	Type Flat	Beds 1 B/R	Size 974 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Flat	Beds 1 B/R	Size 1,001 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 807	Type Flat	Beds 1 B/R	Size 1,022 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 903	Type Flat	Beds 1 B/R	Size 1,033 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1708	Type Flat	Beds 1 B/R	Size 1,054 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 603	Type Flat	Beds 1 B/R	Size 1,061 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds 1 B/R	Size 1,071 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 508	Type Flat	Beds 1 B/R	Size 1,105 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 1 B/R	Size 1,112 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 705	Type Flat	Beds 1 B/R	Size 1,143 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 1 B/R	Size 1,149 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 206	Type Flat	Beds 1 B/R	Size 1,175 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 1 B/R	Size 1,187 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 401	Type Flat	Beds 1 B/R	Size 1,193 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 602	Type Flat	Beds 1 B/R	Size 1,201 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 806	Type Flat	Beds 1 B/R	Size 1,206 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1709	Type Flat	Beds 1 B/R	Size 1,226 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 1 B/R	Size 1,251 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 1 B/R	Size 1,254 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 507	Type Flat	Beds 1 B/R	Size 1,262 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1804	Type Flat	Beds 1 B/R	Size 1,279 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1205	Type Flat	Beds 1 B/R	Size 1,295 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 1 B/R	Size 1,300 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 505	Type Flat	Beds 1 B/R	Size 1,518 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1305	Type Flat	Beds 1 B/R	Size 1,569 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 809	Type Flat	Beds 1 B/R	Size 1,573 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 11 units	Type Flat	Beds 2 B/R	Size 1,135 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds 2 B/R	Size 1,248 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 207	Type Flat	Beds 2 B/R	Size 1,435 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 701	Type Flat	Beds 2 B/R	Size 2,007 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 203	Type Flat	Beds 2 B/R	Size 2,032 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1203	Type Flat	Beds 2 B/R	Size 2,047 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 703	Type Flat	Beds 2 B/R	Size 2,143 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 808	Type Flat	Beds 2 B/R	Size 2,307 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1306	Type Flat	Beds 2 B/R	Size 2,312 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 306	Type Flat	Beds 2 B/R	Size 2,460 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 801	Type Flat	Beds 3 B/R	Size 3,859 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1304	Type Flat	Beds 3 B/R	Size 3,892 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 304	Type Flat	Beds 3 B/R	Size 3,896 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1901	Type Flat	Beds 4 B/R	Size 13,053 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

60 unique layouts covering 125 units