2-bed · 1,224 sqft2020 Marquis, Arjan · 5th floor · completed 2020

512, 2020 Marquis

Sold prices and rental history: sold once, by the developer in May 2021, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 512 · DLD and Ejari recordsUpdated 15 April 2024
Last soldAED 973K30 May 2021
Current rentAED 90K /yr15 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 512, 2020 Marquis

What is 512 worth today?

Last sold for AED 972,800 in 2021

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15 Apr 2024RentedNew contract
AED 90,000/yr12 months · AED 73 per sqft
27 Oct 2022RentedNew contract
AED 83,000/yr12 months · AED 68 per sqft
1 Aug 2021RentedNew contract
AED 60,000/yr12 months · AED 49 per sqft
30 May 2021Sold by developerReady
AED 972,800AED 794 per sqft

Source: Dubai Land Department. Updated 15 April 2024.

Key facts

Type
2-bed apartment
Size
1,224 sqft
Floor
5th of 8
Parking
G-138
Developer
Marquis Point Real Estate
Completed
2020
Service charge
AED 16,400 /yr
Last sold
AED 973K · May 2021
Building
2020 Marquis

About 512, 2020 Marquis

512 is a two-bedroom apartment of 1,224 sqft on the 5th floor of 2020 Marquis, a 8-storey tower in Arjan completed in 2020 by Marquis Point Real Estate . The developer sold it on 30 May 2021 for AED 972,800, or AED 794 per sqft, in line with the AED 808 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 15 April 2024, is AED 90,000 a year: a gross yield of 9.3% on the 2021 price, before the service charge of about AED 16,400 a year.

Sales and rents for 512 over time

Sales
Unit 512, 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, May 2021: AED 972,800 (AED 794 per sqft)

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

Rents
Unit 512, 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, August 2021: AED 60,000 a yearNew contract, October 2022: AED 83,000 a yearNew contract, April 2024: AED 90,000 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 512 sits

All 46 2-beds →

512 last sold in May 2021 at AED 794 per sqft, in line with what two-beds in 2020 Marquis were fetching at the time (AED 808). 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. 512's AED 90,000 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
5032-bedAED 1.38M · Aug 2023
5041-bedAED 950K · Jun 2025
5062-bedAED 1.09M · Jul 2021
5071-bedAED 642K · Apr 2022
5081-bedAED 642K · Aug 2021
1–7 of 17

512, 2020 Marquis in numbers

  • Sold once: by Marquis Point Real Estate on 30 May 2021 for AED 972,800, or AED 794 per sqft.
  • Rented since August 2021 on 3 Ejari contracts, from AED 60,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2021 price is 9.3%, before a service charge of about AED 16,400 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 15 April 2024.

Questions about 512, 2020 Marquis

What did unit 512 last sell for?

AED 972,800 on 30 May 2021, sold by the developer: AED 794 per sqft for 1,224 sqft. It is the only registered sale of the unit.

What is the rent for unit 512?

AED 90,000 a year on the contract signed on 15 April 2024. The previous contract, from October 2022, was AED 83,000; the unit has been rented since August 2021.

How big is unit 512?

1,224 sqft (113.7 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2020.

What is unit 512 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 512, 2020 Marquis

Starts from the last sale price (AED 973K, 30 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 972,800
Deposit, UAE resident (20%)
AED 194,560
Deposit, non-resident (40%)
AED 389,120
Monthly over 25 years at 3.7%
AED 3,980

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