508, 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.
Property timeline for 508, Marquis Elegance
What is 508 worth today?
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Source: Dubai Land Department. Updated 6 November 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 804 sqft
- Floor
- 5th of 14
- Parking
- 1
- Developer
- Marquis Circle Real Estate Developer
- Last sold
- AED 985K · November 2023
- Building
- Marquis Elegance
About 508, Marquis Elegance
508 is a one-bedroom apartment of 804 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 6 November 2023 for AED 984,843, or AED 1,225 per sqft, in line with the AED 1,241 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 508 over time
508 has sold once; the dashed line is the one-bed median of each year in the building.
1-beds in Marquis Elegance, and where 508 sits
All 71 1-beds →508 last sold in November 2023 at AED 1,225 per sqft, in line with what one-beds in Marquis Elegance were fetching at the time (AED 1,241). Over the last 12 months one-beds sold for AED 1,040,000 to 1,350,000, around AED 1,343 per sqft, and rent for AED 90,000 to 90,000 a year.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Nov 20262 November 2026 | 829 sqft | 1,100,000 | 1,327 | ||
| 27 Oct 202627 October 2026 | 815 sqft | 1,120,000 | 1,374 | ||
| 23 Oct 202623 October 2026 | 783 sqft | 1,100,000 | 1,404 | ||
| 21 Oct 202621 October 2026 | 879 sqft | 1,200,000 | 1,364 |
Marquis Elegance
Building110 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%
Other units on the 5th floor
All 110 units in Marquis Elegance| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,257 sqft | AED 1.51MAED 1,507,895 · Oct 2023October 2023 | ||
| 502 | 1-bed | 790 sqft | AED 1000KAED 999,500 · Dec 2023December 2023 | ||
| 503 | 1-bed | 829 sqft | AED 1000KAED 999,500 · May 2024May 2024 | ||
| 504 | 1-bed | 879 sqft | AED 1.05MAED 1,045,200 · Dec 2023December 2023 | ||
| 505 | 2-bed | 1,288 sqft | AED 1.56MAED 1,562,101 · Oct 2023October 2023 | ||
| 506 | 2-bed | 1,297 sqft | AED 1.56MAED 1,556,461 · Nov 2023November 2023 | ||
| 507 | 1-bed | 807 sqft | AED 981KAED 981,225 · Jan 2024January 2024 | ||
| 509 | 1-bed | 812 sqft | AED 979KAED 978,689 · Oct 2023October 2023 | ||
| 510 | 2-bed | 1,262 sqft | AED 1.55MAED 1,549,198 · Nov 2024November 2024 | 120,000 /yr |
508, Marquis Elegance in numbers
- Sold once: by Marquis Circle Real Estate Developer on 6 November 2023 for AED 984,843, or AED 1,225 per sqft.
- One-beds in Marquis Elegance sold for AED 1,040,000–1,350,000 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 6 November 2023.
Questions about 508, Marquis Elegance
What did unit 508 last sell for?
AED 984,843 on 6 November 2023, sold by the developer: AED 1,225 per sqft for 804 sqft. It is the only registered sale of the unit.
How big is unit 508?
804 sqft (74.7 sqm): a one-bedroom apartment on the 5th floor of a 14-storey tower.
What is unit 508 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marquis Elegance sold for AED 1,040,000 to 1,350,000 in the last 12 months, around AED 1,343 per sqft.
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Mortgage on 508, Marquis Elegance
Starts from the last sale price (AED 985K, 6 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 984,843
- Deposit, UAE resident (20%)
- AED 196,969
- Deposit, non-resident (40%)
- AED 393,937
- Monthly over 25 years at 3.7%
- AED 4,029
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →