2-bed · 1,266 sqft2020 Marquis, Arjan · 5th floor · completed 2020

503, 2020 Marquis

Sold prices and rental history: sold twice, last in August 2023, and rented once, from June 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 10 August 2023
Last soldAED 1.38M10 August 2023
Current rentAED 85K /yr20 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, 2020 Marquis

What is 503 worth today?

Last sold for AED 1,380,000 in 2023

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10 Aug 2023SoldReady
AED 1,380,000AED 1,090 per sqft
22 Jun 2022Sold by developerReady
AED 1,225,000AED 967 per sqft
20 Jun 2022RentedNew contract
AED 85,000/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 10 August 2023.

Key facts

Type
2-bed apartment
Size
1,266 sqft
Floor
5th of 8
Parking
G-107
Developer
Marquis Point Real Estate
Completed
2020
Service charge
AED 17,000 /yr
Last sold
AED 1.38M · August 2023
Building
2020 Marquis

About 503, 2020 Marquis

503 is a two-bedroom apartment of 1,266 sqft on the 5th floor of 2020 Marquis, a 8-storey tower in Arjan completed in 2020 by Marquis Point Real Estate . It last sold on 10 August 2023 for AED 1,380,000, or AED 1,090 per sqft, 20% above the AED 908 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 June 2022. The current contract, signed on 20 June 2022, is AED 85,000 a year: a gross yield of 6.2% on the 2023 price, before the service charge of about AED 17,000 a year.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical two-bed in 2020 Marquis
1M1.2M1.4M202120232025Typical sale price by year: 2021 AED 1,025,000; 2022 AED 1,135,000; 2023 AED 1,300,000; 2025 AED 1,360,000Sold by developer, June 2022: AED 1,225,000 (AED 967 per sqft)Sold, August 2023: AED 1,380,000 (AED 1,090 per sqft)

503 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 503, each contractTypical two-bed in 2020 Marquis
60K80K100K2021202320252027Typical rent by year: 2021 AED 55,000; 2022 AED 63,000; 2023 AED 80,000; 2024 AED 90,000; 2025 AED 99,000; 2026 AED 99,000New contract, June 2022: AED 85,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in 2020 Marquis, and where 503 sits

All 46 2-beds →

503 last sold in August 2023 at AED 1,090 per sqft, 20% above what two-beds in 2020 Marquis were fetching at the time (AED 908). Over the last 12 months two-beds sold for AED 1,400,000, around AED 1,105 per sqft, and rent for AED 60,500 to 120,000 a year. 503's AED 85,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Oct 20261,400,000
30 Oct 20251,450,000
10 Oct 20251,370,000
24 Jul 20251,350,000
1 2-bed sale in the last 12 months

2020 Marquis

Building

149 apartments, 1-bed to 2-bed over 8 floors in Arjan, completed in 2020 by Marquis Point Real Estate . 13 sold in the last 12 months.

Typical price per sqft
AED 1,295 Up 12.6%
Typical sale
AED 950K
Typical rent
AED 76K /yr
Typical yield
6.6%
2020 Marquis, Arjan: prices, sales and rents →

Other units on the 5th floor

All 149 units in 2020 Marquis
Value
5012-bedAED 982K · Jul 2021
5021-bedAED 694K · Jan 2022
5041-bedAED 950K · Jun 2025
5062-bedAED 1.09M · Jul 2021
5071-bedAED 642K · Apr 2022
5081-bedAED 642K · Aug 2021
5091-bedAED 642K · Aug 2021
1–7 of 17

503, 2020 Marquis in numbers

  • Sold twice: first on 22 June 2022 for AED 1,225,000, last on 10 August 2023 for AED 1,380,000 (AED 1,090 per sqft).
  • Rented since June 2022 on one Ejari contract, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2023 price is 6.2%, before a service charge of about AED 17,000 a year (AED 13.41 per sqft).
  • Two-beds in 2020 Marquis sold for AED 1,400,000–1,400,000 in the 12 months to November 2026; the building's median across all types is AED 1,295 per sqft.

Source: Dubai Land Department. Updated 10 August 2023.

Questions about 503, 2020 Marquis

What did unit 503 last sell for?

AED 1,380,000 on 10 August 2023: AED 1,090 per sqft for 1,266 sqft. The unit has 2 registered sales; the first was AED 1,225,000 in June 2022.

What is the rent for unit 503?

AED 85,000 a year on the contract signed on 20 June 2022.

How big is unit 503?

1,266 sqft (117.6 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2020.

What is unit 503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in 2020 Marquis sold for AED 1,400,000 to 1,400,000 in the last 12 months, around AED 1,105 per sqft.

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Mortgage on 503, 2020 Marquis

Starts from the last sale price (AED 1.38M, 10 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,380,000
Deposit, UAE resident (20%)
AED 276,000
Deposit, non-resident (40%)
AED 552,000
Monthly over 25 years at 3.7%
AED 5,646

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →