Terraces Marasi Drive

Terraces Marasi Drive is a completed residential tower by Keymaven, addressed along Marasi Drive in Business Bay, Dubai. The building reached handover in March 2024 and is currently fully sold, positioning it as a reference point for buyers assessing the resale and rental landscape in one of central Dubai's most closely watched corridors.

# The tower and its position along the Business Bay Canal

Business Bay is a district that has matured considerably over the past decade. What began as a predominantly commercial address has become one of Dubai's denser mixed-use neighbourhoods, with residential demand sustained by proximity to Downtown, strong rental yields, and the linear amenity of the Dubai Water Canal running along its southern edge.

Terraces Marasi Drive sits within this canal-facing stretch. The address on Marasi Drive is significant: this particular road has attracted a concentration of mid-to-upper residential schemes precisely because of the waterfront orientation and the relative calm it offers compared to the heavier traffic of Al Khail Road or Sheikh Zayed Road further out. The building is a single tower, now fully constructed and operational.

# Specification, amenities and the smart-home infrastructure

The development is unfurnished, allowing owners to fit out to their own specification rather than inheriting a developer's interior package. Service charges fall in the 16–20 AED per square foot range, a figure buyers should factor into yield calculations alongside any resale price.

# On-site facilities

The amenity stack covers the essentials a mid-luxury tower in this district would be expected to carry: public and private swimming pools, a spa offering wellbeing therapies, a gym, a recreation area, and guest valet parking. The building also integrates a smart-home application, meaning climate, access, and lighting controls sit within a single platform rather than across separate systems. It is a practical inclusion rather than a novelty, increasingly standard in Dubai's newer stock but still absent from much of the older Business Bay inventory.

# Connections: distances from Marasi Drive

The airport sits 19.3 kilometres away, approximately 18 minutes by car under normal conditions. The Dubai Mall and Burj Khalifa are both reachable within 10–11 minutes. Mercato Beach on Jumeirah, at 10.4 kilometres, takes around 17 minutes. For families, a school (G/H School) is 2.4 kilometres away, a five-minute drive. The Dubai Water Canal Walk is 4.3 kilometres distant, roughly 10 minutes.

These figures reflect a location that is genuinely central without the congestion premium of Downtown's immediate core.

# Who this building suits and where it sits in the market

Terraces Marasi Drive is now a secondary-market proposition. Buyers cannot purchase directly from Keymaven; any acquisition comes through resale, which means pricing reflects current market sentiment rather than an original launch position.

For investors, the combination of completed status, a waterfront-adjacent address, and the unfurnished specification makes it a credible buy-to-let candidate in a rental market that has shown sustained occupier demand throughout Business Bay. For end-users relocating from London, continental Europe, or Singapore, the proximity to international schooling, the canal, and Dubai's commercial core addresses most of the practical criteria that drive those decisions. The smart-home integration and spa provision lift it modestly above the generic mid-rise stock that dominates the district's lower price brackets.