Studio · 569 sqftMarquise Square, Business Bay · 11th floor · completed 2019

1108, Marquise Square

Sold prices and rental history: sold once, by the developer in April 2017, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1108 · DLD and Ejari recordsUpdated 1 January 2022
Last soldAED 930K10 April 2017
Current rentAED 45K /yr1 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1108, Marquise Square

What is 1108 worth today?

Last sold for AED 929,623 in 2017

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1 Jan 2022RentedRenewal
AED 45,000/yr12 months · AED 79 per sqft
1 Jan 2021RentedNew contract
AED 45,000/yr12 months · AED 79 per sqft
1 Dec 2019RentedNew contract
AED 55,000/yr12 months · AED 96 per sqft
10 Apr 2017Sold by developerOff-plan
AED 929,623AED 1,632 per sqft

Source: Dubai Land Department. Updated 1 January 2022.

Key facts

Type
Studio apartment
Size
569 sqft
Floor
11th of 29
Parking
B2-14
Developer
SRG
Completed
2019
Service charge
AED 9,700 /yr
Last sold
AED 930K · April 2017

About 1108, Marquise Square

1108 is a studio of 569 sqft on the 11th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. The developer sold it on 10 April 2017 for AED 929,623, or AED 1,632 per sqft, 8% below the AED 1,769 studios in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 1 January 2022, is AED 45,000 a year: a gross yield of 4.8% on the 2017 price, before the service charge of about AED 9,700 a year.

Sales and rents for 1108 over time

Sales
Unit 1108, each saleTypical studio in Marquise Square
800K1M1.2M2016201920222025Typical sale price by year: 2016 AED 985,254; 2017 AED 969,417; 2018 AED 1,022,160; 2019 AED 1,115,134; 2020 AED 871,572; 2021 AED 790,000; 2022 AED 1,015,444; 2023 AED 965,000; 2024 AED 1,190,000; 2025 AED 1,200,000; 2026 AED 1,160,000Sold by developer, April 2017: AED 929,623 (AED 1,632 per sqft)

1108 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1108, each contractTypical studio in Marquise Square
40K60K80K20192021202320252027Typical rent by year: 2019 AED 55,000; 2020 AED 50,000; 2021 AED 50,000; 2022 AED 55,000; 2023 AED 65,500; 2024 AED 75,000; 2025 AED 80,000; 2026 AED 73,750New contract, December 2019: AED 55,000 a yearNew contract, January 2021: AED 45,000 a yearRenewal, January 2022: AED 45,000 a year

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

Studios in Marquise Square, and where 1108 sits

All 239 studios →

1108 last sold in April 2017 at AED 1,632 per sqft, 8% below what studios in Marquise Square were fetching at the time (AED 1,769). Over the last 12 months studios sold for AED 966,888 to 1,270,000, around AED 1,907 per sqft, and rent for AED 38,000 to 110,000 a year. 1108's AED 45,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
28 Sep 2026966,888
25 Sep 20261,190,000
1 Sep 20261,110,000
6 Aug 202629,844
18 studio 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 11th floor

All 413 units in Marquise Square
Value
11012-bedAED 2.72M · Apr 2022
1102StudioAED 963K · Apr 2022
1103StudioAED 963K · Apr 2022
1104StudioAED 862K · Feb 2017
1105StudioAED 963K · Feb 2022
1106StudioAED 1000K · Jul 2017
1107StudioAED 920K · Nov 2022
1–7 of 16

1108, Marquise Square in numbers

  • Sold once: by SRG on 10 April 2017 for AED 929,623, or AED 1,632 per sqft.
  • Rented since December 2019 on 3 Ejari contracts, from AED 55,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2017 price is 4.8%, before a service charge of about AED 9,700 a year (AED 16.99 per sqft).
  • Studios in Marquise Square sold for AED 966,888–1,270,000 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 1 January 2022.

Questions about 1108, Marquise Square

What did unit 1108 last sell for?

AED 929,623 on 10 April 2017, sold by the developer: AED 1,632 per sqft for 569 sqft. It is the only registered sale of the unit.

What is the rent for unit 1108?

AED 45,000 a year on the contract renewed on 1 January 2022. The previous contract, from January 2021, was AED 45,000; the unit has been rented since December 2019.

How big is unit 1108?

569 sqft (52.9 sqm): a studio on the 11th floor of a 29-storey tower completed in 2019.

What is unit 1108 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Marquise Square sold for AED 966,888 to 1,270,000 in the last 12 months, around AED 1,907 per sqft.

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Mortgage on 1108, Marquise Square

Starts from the last sale price (AED 930K, 10 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 929,623
Deposit, UAE resident (20%)
AED 185,925
Deposit, non-resident (40%)
AED 371,849
Monthly over 25 years at 3.7%
AED 3,803

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