2-bed · 1,297 sqftMarquis Elegance, Arjan · 5th floor

506, Marquis Elegance

Sold prices and rental history: sold once, by the developer in November 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 15 November 2023
Last soldAED 1.56M15 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Marquis Elegance

What is 506 worth today?

Last sold for AED 1,556,461 in 2023

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15 Nov 2023Sold by developerOff-plan
AED 1,556,461AED 1,199 per sqft

Source: Dubai Land Department. Updated 15 November 2023.

Key facts

Type
2-bed apartment
Size
1,297 sqft
Floor
5th of 14
Parking
1
Developer
Marquis Circle Real Estate Developer
Last sold
AED 1.56M · November 2023

About 506, Marquis Elegance

506 is a two-bedroom apartment of 1,297 sqft on the 5th floor of Marquis Elegance, a 14-storey tower in Arjan by Marquis Circle Real Estate Developer . The developer sold it on 15 November 2023 for AED 1,556,461, or AED 1,199 per sqft, in line with the AED 1,236 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical two-bed in Marquis Elegance
1.6M1.8M2023202420252026Typical sale price by year: 2023 AED 1,583,172; 2024 AED 1,590,463; 2025 AED 1,785,000Sold by developer, November 2023: AED 1,556,461 (AED 1,199 per sqft)

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

2-beds in Marquis Elegance, and where 506 sits

All 34 2-beds →

506 last sold in November 2023 at AED 1,199 per sqft, in line with what two-beds in Marquis Elegance were fetching at the time (AED 1,236). Over the last 12 months two-beds sold for AED 1,680,000 to 1,700,000, around AED 1,311 per sqft, and rent for AED 120,000 to 120,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
4 Nov 20261,680,000
1 Sep 20261,700,000
16 Oct 20251,622,138
10 Jul 20251,785,000
2 2-bed sales in the last 12 months

Marquis Elegance

Building

110 apartments, 1-bed to 3-bed over 14 floors in Arjan by Marquis Circle Real Estate Developer . 12 sold in the last 12 months.

Typical price per sqft
AED 1,333
Typical sale
AED 1.14M
Typical rent
AED 120K /yr
Typical yield
7.1%
Marquis Elegance, Arjan: prices, sales and rents →

Other units on the 5th floor

All 110 units in Marquis Elegance
Value
5012-bedAED 1.51M · Oct 2023
5021-bedAED 1000K · Dec 2023
5031-bedAED 1000K · May 2024
5041-bedAED 1.05M · Dec 2023
5052-bedAED 1.56M · Oct 2023
5071-bedAED 981K · Jan 2024
5081-bedAED 985K · Nov 2023
1–7 of 9

506, Marquis Elegance in numbers

  • Sold once: by Marquis Circle Real Estate Developer on 15 November 2023 for AED 1,556,461, or AED 1,199 per sqft.
  • Two-beds in Marquis Elegance sold for AED 1,680,000–1,700,000 in the 12 months to November 2026; the building's median across all types is AED 1,333 per sqft.

Source: Dubai Land Department. Updated 15 November 2023.

Questions about 506, Marquis Elegance

What did unit 506 last sell for?

AED 1,556,461 on 15 November 2023, sold by the developer: AED 1,199 per sqft for 1,297 sqft. It is the only registered sale of the unit.

How big is unit 506?

1,297 sqft (120.5 sqm): a two-bedroom apartment on the 5th floor of a 14-storey tower.

What is unit 506 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marquis Elegance sold for AED 1,680,000 to 1,700,000 in the last 12 months, around AED 1,311 per sqft.

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Mortgage on 506, Marquis Elegance

Starts from the last sale price (AED 1.56M, 15 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,556,461
Deposit, UAE resident (20%)
AED 311,292
Deposit, non-resident (40%)
AED 622,584
Monthly over 25 years at 3.7%
AED 6,368

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