2-bed · 1,571 sqftMarquise Square, Business Bay · 10th floor · completed 2019

1001, Marquise Square

Sold prices and rental history: sold once, by the developer in November 2022, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1001 · DLD and Ejari recordsUpdated 10 November 2022
Last soldAED 2.82M10 November 2022
Current rentAED 105K /yr1 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1001, Marquise Square

What is 1001 worth today?

Last sold for AED 2,819,888 in 2022

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10 Nov 2022Sold by developerReady
AED 2,819,888AED 1,795 per sqft
1 Oct 2022RentedNew contract
AED 105,000/yr12 months · AED 67 per sqft
1 Aug 2021RentedNew contract
AED 105,000/yr14 months · AED 67 per sqft
1 Jul 2020RentedNew contract
AED 105,000/yr13 months · AED 67 per sqft

Source: Dubai Land Department. Updated 10 November 2022.

Key facts

Type
2-bed apartment
Size
1,571 sqft
Floor
10th of 29
Parking
B1-18
Developer
SRG
Completed
2019
Service charge
AED 26,700 /yr
Last sold
AED 2.82M · November 2022

About 1001, Marquise Square

1001 is a two-bedroom apartment of 1,571 sqft on the 10th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. The developer sold it on 10 November 2022 for AED 2,819,888, or AED 1,795 per sqft, in line with the AED 1,799 two-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 1 October 2022, is AED 105,000 a year: a gross yield of 3.7% on the 2022 price, before the service charge of about AED 26,700 a year.

Sales and rents for 1001 over time

Sales
Unit 1001, each saleTypical two-bed in Marquise Square
2.5M3M3.5M2016201920222025Typical sale price by year: 2016 AED 2,557,016; 2020 AED 2,600,188; 2021 AED 2,517,444; 2022 AED 2,704,691; 2023 AED 2,900,000; 2024 AED 2,880,000; 2025 AED 3,400,000; 2026 AED 2,800,000Sold by developer, November 2022: AED 2,819,888 (AED 1,795 per sqft)

1001 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1001, each contractTypical two-bed in Marquise Square
100K125K150K20192021202320252027Typical rent by year: 2019 AED 120,000; 2020 AED 105,000; 2021 AED 102,750; 2022 AED 107,000; 2023 AED 125,000; 2024 AED 150,000; 2025 AED 155,000; 2026 AED 151,890New contract, July 2020: AED 105,000 a yearNew contract, August 2021: AED 105,000 a yearNew contract, October 2022: AED 105,000 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 Marquise Square, and where 1001 sits

All 78 2-beds →

1001 last sold in November 2022 at AED 1,795 per sqft, in line with what two-beds in Marquise Square were fetching at the time (AED 1,799). Over the last 12 months two-beds sold for AED 2,460,000 to 4,088,924, around AED 2,246 per sqft, and rent for AED 100,000 to 205,000 a year. 1001's AED 105,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Jul 20262,620,000
15 Apr 20264,088,924
14 Apr 20263,522,415
2 Apr 20262,460,000
5 2-bed sales in the last 12 months

Marquise Square

Building

413 apartments, studios to 3-bed over 29 floors in Business Bay, completed in 2019 by SRG. 28 sold in the last 12 months.

Typical price per sqft
AED 2,073 Up 1.5%
Typical sale
AED 1.19M
Typical rent
AED 85K /yr
Typical yield
6.0%
Marquise Square, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 413 units in Marquise Square
Value
1002StudioAED 1.1M · Mar 2025
1003StudioAED 660K · Jan 2022
1004StudioAED 967K · Sep 2026
1005StudioAED 840K · Jun 2022
1006StudioAED 1.19M · May 2022
1007StudioAED 944K · Jul 2018
1008StudioAED 1.12M · Aug 2024
1–7 of 16

1001, Marquise Square in numbers

  • Sold once: by SRG on 10 November 2022 for AED 2,819,888, or AED 1,795 per sqft.
  • Rented since July 2020 on 3 Ejari contracts, at AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2022 price is 3.7%, before a service charge of about AED 26,700 a year (AED 16.99 per sqft).
  • Two-beds in Marquise Square sold for AED 2,460,000–4,088,924 in the 12 months to November 2026; the building's median across all types is AED 2,073 per sqft.

Source: Dubai Land Department. Updated 10 November 2022.

Questions about 1001, Marquise Square

What did unit 1001 last sell for?

AED 2,819,888 on 10 November 2022, sold by the developer: AED 1,795 per sqft for 1,571 sqft. It is the only registered sale of the unit.

What is the rent for unit 1001?

AED 105,000 a year on the contract signed on 1 October 2022. The previous contract, from August 2021, was AED 105,000; the unit has been rented since July 2020.

How big is unit 1001?

1,571 sqft (146.0 sqm): a two-bedroom apartment on the 10th floor of a 29-storey tower completed in 2019.

What is unit 1001 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marquise Square sold for AED 2,460,000 to 4,088,924 in the last 12 months, around AED 2,246 per sqft.

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Mortgage on 1001, Marquise Square

Starts from the last sale price (AED 2.82M, 10 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,819,888
Deposit, UAE resident (20%)
AED 563,978
Deposit, non-resident (40%)
AED 1,127,955
Monthly over 25 years at 3.7%
AED 11,537

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