Studio · 617 sqftMarquise Square, Business Bay · 11th floor · completed 2019

1116, Marquise Square

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

Unit 1116 · DLD and Ejari recordsUpdated 9 July 2026
Last soldAED 1.03M10 May 2017
Current rentAED 84K /yr9 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1116, Marquise Square

What is 1116 worth today?

Last sold for AED 1,029,923 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

9 Jul 2026RentedRenewal
AED 84,000/yr12 months · AED 137 per sqft
9 Jul 2025RentedNew contract
AED 88,000/yr12 months · AED 143 per sqft
9 Jul 2025RentedNew contract
AED 88,000/yr12 months · AED 143 per sqft
28 Dec 2023RentedNew contract
AED 85,000/yr12 months · AED 138 per sqft
21 Dec 2020RentedNew contract
AED 50,000/yr12 months · AED 81 per sqft
26 Aug 2020RentedRenewal
AED 53,000/yr12 months · AED 86 per sqft
26 Aug 2019RentedNew contract
AED 55,000/yr12 months · AED 90 per sqft
10 May 2017Sold by developerOff-plan
AED 1,029,923AED 1,670 per sqft

Source: Dubai Land Department. Updated 9 July 2026.

Key facts

Type
Studio apartment
Size
617 sqft
Floor
11th of 29
Parking
B2-52
Developer
SRG
Completed
2019
Service charge
AED 10,500 /yr
Last sold
AED 1.03M · May 2017

About 1116, Marquise Square

1116 is a studio of 617 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 May 2017 for AED 1,029,923, or AED 1,670 per sqft, 5% below the AED 1,767 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 9 July 2026, is AED 84,000 a year: a gross yield of 8.2% on the 2017 price, before the service charge of about AED 10,500 a year.

Sales and rents for 1116 over time

Sales
Unit 1116, 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, May 2017: AED 1,029,923 (AED 1,670 per sqft)

1116 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1116, each contractTypical studio in Marquise Square
60K80K201920222025Typical 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, August 2019: AED 55,000 a yearRenewal, August 2020: AED 53,000 a yearNew contract, December 2020: AED 50,000 a yearNew contract, December 2023: AED 85,000 a yearNew contract, July 2025: AED 88,000 a yearNew contract, July 2025: AED 88,000 a yearRenewal, July 2026: AED 84,000 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 1116 sits

All 239 studios →

1116 last sold in May 2017 at AED 1,670 per sqft, 5% below what studios in Marquise Square were fetching at the time (AED 1,767). 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. 1116's AED 84,000 is in the upper 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

1116, Marquise Square in numbers

  • Sold once: by SRG on 10 May 2017 for AED 1,029,923, or AED 1,670 per sqft.
  • Rented since August 2019 on 7 Ejari contracts, from AED 55,000 to AED 84,000 a year.
  • At AED 84,000 a year the gross yield on the 2017 price is 8.2%, before a service charge of about AED 10,500 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 9 July 2026.

Questions about 1116, Marquise Square

What did unit 1116 last sell for?

AED 1,029,923 on 10 May 2017, sold by the developer: AED 1,670 per sqft for 617 sqft. It is the only registered sale of the unit.

What is the rent for unit 1116?

AED 84,000 a year on the contract renewed on 9 July 2026. The previous contract, from July 2025, was AED 88,000; the unit has been rented since August 2019.

How big is unit 1116?

617 sqft (57.3 sqm): a studio on the 11th floor of a 29-storey tower completed in 2019.

What is unit 1116 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.

Selling 1116? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1116, Marquise Square

Starts from the last sale price (AED 1.03M, 10 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,029,923
Deposit, UAE resident (20%)
AED 205,985
Deposit, non-resident (40%)
AED 411,969
Monthly over 25 years at 3.7%
AED 4,214

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