1-bed · 1,019 sqftMarquise Square, Business Bay · 10th floor · completed 2019

1011, Marquise Square

Sold prices and rental history: sold 3 times, last in June 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1011 · DLD and Ejari recordsUpdated 25 June 2024
Last soldAED 1.93M25 June 2024
Current rentAED 85K /yr20 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1011, Marquise Square

What is 1011 worth today?

Last sold for AED 1,925,000 in 2024

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25 Jun 2024SoldReady
AED 1,925,000AED 1,889 per sqft
20 Jun 2023RentedRenewal
AED 85,000/yr12 months · AED 83 per sqft
8 Dec 2022SoldReady
AED 1,530,000AED 1,502 per sqft
20 Jun 2022RentedRenewal
AED 75,000/yr12 months · AED 74 per sqft
20 Jun 2021RentedRenewal
AED 75,000/yr12 months · AED 74 per sqft
20 Jun 2020RentedRenewal
AED 75,000/yr12 months · AED 74 per sqft
20 Jun 2019RentedNew contract
AED 80,000/yr12 months · AED 79 per sqft
7 May 2018Sold by developerOff-plan
AED 1,708,002AED 1,676 per sqft

Source: Dubai Land Department. Updated 25 June 2024.

Key facts

Type
1-bed apartment
Size
1,019 sqft
Floor
10th of 29
Parking
B2-178
Developer
SRG
Completed
2019
Service charge
AED 17,300 /yr
Last sold
AED 1.93M · June 2024

About 1011, Marquise Square

1011 is a one-bedroom apartment of 1,019 sqft on the 10th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. It last sold on 25 June 2024 for AED 1,925,000, or AED 1,889 per sqft, in line with the AED 1,894 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 20 June 2023, is AED 85,000 a year: a gross yield of 4.4% on the 2024 price, before the service charge of about AED 17,300 a year.

Sales and rents for 1011 over time

Sales
Unit 1011, each saleTypical one-bed in Marquise Square
1M1.5M2M2016201920222025Typical sale price by year: 2016 AED 1,443,698; 2017 AED 1,420,759; 2018 AED 1,573,158; 2020 AED 1,084,743; 2021 AED 1,286,388; 2022 AED 1,441,888; 2023 AED 1,423,746; 2024 AED 1,600,000; 2025 AED 1,640,000Sold by developer, May 2018: AED 1,708,002 (AED 1,676 per sqft)Sold, December 2022: AED 1,530,000 (AED 1,502 per sqft)Sold, June 2024: AED 1,925,000 (AED 1,889 per sqft)

1011 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1011, each contractTypical one-bed in Marquise Square
80K100K20192021202320252027Typical rent by year: 2019 AED 75,000; 2020 AED 72,000; 2021 AED 70,000; 2022 AED 75,000; 2023 AED 82,000; 2024 AED 95,867; 2025 AED 110,000; 2026 AED 106,000New contract, June 2019: AED 80,000 a yearRenewal, June 2020: AED 75,000 a yearRenewal, June 2021: AED 75,000 a yearRenewal, June 2022: AED 75,000 a yearRenewal, June 2023: AED 85,000 a year

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

1-beds in Marquise Square, and where 1011 sits

All 78 1-beds →

1011 last sold in June 2024 at AED 1,889 per sqft, in line with what one-beds in Marquise Square were fetching at the time (AED 1,894). Over the last 12 months one-beds sold for AED 1,675,000 to 2,250,000, around AED 2,220 per sqft, and rent for AED 77,000 to 145,000 a year. 1011's AED 85,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Aug 20266,350
28 Jul 20262,250,000
6 Mar 20261,675,000
29 Dec 202532,702
4 1-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
10012-bedAED 2.82M · Nov 2022
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
1–7 of 16

1011, Marquise Square in numbers

  • Sold 3 times: first on 7 May 2018 for AED 1,708,002, last on 25 June 2024 for AED 1,925,000 (AED 1,889 per sqft).
  • Rented since June 2019 on 5 Ejari contracts, from AED 80,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2024 price is 4.4%, before a service charge of about AED 17,300 a year (AED 16.99 per sqft).
  • One-beds in Marquise Square sold for AED 1,675,000–2,250,000 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 25 June 2024.

Questions about 1011, Marquise Square

What did unit 1011 last sell for?

AED 1,925,000 on 25 June 2024: AED 1,889 per sqft for 1,019 sqft. The unit has 3 registered sales; the first was AED 1,708,002 in May 2018.

What is the rent for unit 1011?

AED 85,000 a year on the contract renewed on 20 June 2023. The previous contract, from June 2022, was AED 75,000; the unit has been rented since June 2019.

How big is unit 1011?

1,019 sqft (94.7 sqm): a one-bedroom apartment on the 10th floor of a 29-storey tower completed in 2019.

What is unit 1011 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marquise Square sold for AED 1,675,000 to 2,250,000 in the last 12 months, around AED 2,220 per sqft.

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Mortgage on 1011, Marquise Square

Starts from the last sale price (AED 1.93M, 25 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,925,000
Deposit, UAE resident (20%)
AED 385,000
Deposit, non-resident (40%)
AED 770,000
Monthly over 25 years at 3.7%
AED 7,876

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