1-bed · 1,047 sqftMarquise Square, Business Bay · 11th floor · completed 2019

1111, Marquise Square

Sold prices and rental history: sold twice, last in March 2022, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1111 · DLD and Ejari recordsUpdated 8 February 2023
Last soldAED 2.1M30 March 2022
Current rentAED 85K /yr8 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1111, Marquise Square

What is 1111 worth today?

Last sold for AED 2,095,888 in 2022

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8 Feb 2023RentedNew contract
AED 85,000/yr12 months · AED 81 per sqft
30 Mar 2022SoldReady
AED 2,095,888AED 2,002 per sqft
8 Feb 2022RentedNew contract
AED 75,000/yr12 months · AED 72 per sqft
8 Feb 2021RentedNew contract
AED 75,000/yr12 months · AED 72 per sqft
24 Dec 2020Sold by developerReady
AED 1,153,201AED 1,101 per sqft
8 Feb 2020RentedNew contract
AED 80,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 8 February 2023.

Key facts

Type
1-bed apartment
Size
1,047 sqft
Floor
11th of 29
Parking
B2-126
Developer
SRG
Completed
2019
Service charge
AED 17,800 /yr
Last sold
AED 2.1M · March 2022

About 1111, Marquise Square

1111 is a one-bedroom apartment of 1,047 sqft on the 11th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. It last sold on 30 March 2022 for AED 2,095,888, or AED 2,002 per sqft, 12% above the AED 1,781 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 8 February 2023, is AED 85,000 a year: a gross yield of 4.1% on the 2022 price, before the service charge of about AED 17,800 a year.

Sales and rents for 1111 over time

Sales
Unit 1111, 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, December 2020: AED 1,153,201 (AED 1,101 per sqft)Sold, March 2022: AED 2,095,888 (AED 2,002 per sqft)

1111 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1111, 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, February 2020: AED 80,000 a yearNew contract, February 2021: AED 75,000 a yearNew contract, February 2022: AED 75,000 a yearNew contract, February 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 1111 sits

All 78 1-beds →

1111 last sold in March 2022 at AED 2,002 per sqft, 12% above what one-beds in Marquise Square were fetching at the time (AED 1,781). 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. 1111'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 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

1111, Marquise Square in numbers

  • Sold twice: first on 24 December 2020 for AED 1,153,201, last on 30 March 2022 for AED 2,095,888 (AED 2,002 per sqft).
  • Rented since February 2020 on 4 Ejari contracts, from AED 80,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2022 price is 4.1%, before a service charge of about AED 17,800 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 8 February 2023.

Questions about 1111, Marquise Square

What did unit 1111 last sell for?

AED 2,095,888 on 30 March 2022: AED 2,002 per sqft for 1,047 sqft. The unit has 2 registered sales; the first was AED 1,153,201 in December 2020.

What is the rent for unit 1111?

AED 85,000 a year on the contract signed on 8 February 2023. The previous contract, from February 2022, was AED 75,000; the unit has been rented since February 2020.

How big is unit 1111?

1,047 sqft (97.3 sqm): a one-bedroom apartment on the 11th floor of a 29-storey tower completed in 2019.

What is unit 1111 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 1111, Marquise Square

Starts from the last sale price (AED 2.1M, 30 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,095,888
Deposit, UAE resident (20%)
AED 419,178
Deposit, non-resident (40%)
AED 838,355
Monthly over 25 years at 3.7%
AED 8,575

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