Studio · 658 sqftMarquise Square, Business Bay · 12th floor · completed 2019

1206, Marquise Square

Sold prices and rental history: sold twice, last in March 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1206 · DLD and Ejari recordsUpdated 29 October 2026
Last soldAED 980K28 March 2023
Current rentAED 70K /yr29 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1206, Marquise Square

What is 1206 worth today?

Last sold for AED 980,000 in 2023

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29 Oct 2026RentedNew contract
AED 69,812/yr12 months · AED 106 per sqft
23 Aug 2024RentedNew contract
AED 75,000/yr12 months · AED 114 per sqft
28 Mar 2023SoldReady
AED 980,000AED 1,489 per sqft
25 Aug 2022RentedRenewal
AED 50,400/yr12 months · AED 77 per sqft
25 Aug 2021RentedNew contract
AED 48,000/yr12 months · AED 73 per sqft
1 Aug 2020RentedRenewal
AED 54,000/yr12 months · AED 82 per sqft
1 Aug 2019RentedNew contract
AED 58,000/yr12 months · AED 88 per sqft
19 Sep 2017Sold by developerOff-plan
AED 1,000,995AED 1,521 per sqft

Source: Dubai Land Department. Updated 29 October 2026.

Key facts

Type
Studio apartment
Size
658 sqft
Floor
12th of 29
Parking
B2-32
Developer
SRG
Completed
2019
Service charge
AED 11,200 /yr
Last sold
AED 980K · March 2023

About 1206, Marquise Square

1206 is a studio of 658 sqft on the 12th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. It last sold on 28 March 2023 for AED 980,000, or AED 1,489 per sqft, 18% below the AED 1,820 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 29 October 2026, is AED 69,812 a year: a gross yield of 7.1% on the 2023 price, before the service charge of about AED 11,200 a year.

Sales and rents for 1206 over time

Sales
Unit 1206, 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, September 2017: AED 1,000,995 (AED 1,521 per sqft)Sold, March 2023: AED 980,000 (AED 1,489 per sqft)

1206 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1206, 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 58,000 a yearRenewal, August 2020: AED 54,000 a yearNew contract, August 2021: AED 48,000 a yearRenewal, August 2022: AED 50,400 a yearNew contract, August 2024: AED 75,000 a yearNew contract, October 2026: AED 69,812 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 1206 sits

All 239 studios →

1206 last sold in March 2023 at AED 1,489 per sqft, 18% below what studios in Marquise Square were fetching at the time (AED 1,820). 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. 1206's AED 69,812 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 12th floor

All 413 units in Marquise Square
Value
12012-bedAED 2.34M · Jun 2022
1202StudioAED 929K · Sep 2016
1203StudioAED 980K · Mar 2024
1204StudioAED 867K · Dec 2016
1205StudioAED 969K · Nov 2021
1207StudioAED 1.14M · Sep 2025
1208StudioAED 1.1M · Apr 2022
1–7 of 16

1206, Marquise Square in numbers

  • Sold twice: first on 19 September 2017 for AED 1,000,995, last on 28 March 2023 for AED 980,000 (AED 1,489 per sqft).
  • Rented since August 2019 on 6 Ejari contracts. The rent fell from AED 58,000 to AED 48,000 in 2021 and recovered to AED 69,812 by October 2026.
  • At AED 69,812 a year the gross yield on the 2023 price is 7.1%, before a service charge of about AED 11,200 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 29 October 2026.

Questions about 1206, Marquise Square

What did unit 1206 last sell for?

AED 980,000 on 28 March 2023: AED 1,489 per sqft for 658 sqft. The unit has 2 registered sales; the first was AED 1,000,995 in September 2017.

What is the rent for unit 1206?

AED 69,812 a year on the contract signed on 29 October 2026. The previous contract, from August 2024, was AED 75,000; the unit has been rented since August 2019.

How big is unit 1206?

658 sqft (61.1 sqm): a studio on the 12th floor of a 29-storey tower completed in 2019.

What is unit 1206 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 1206, Marquise Square

Starts from the last sale price (AED 980K, 28 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 980,000
Deposit, UAE resident (20%)
AED 196,000
Deposit, non-resident (40%)
AED 392,000
Monthly over 25 years at 3.7%
AED 4,009

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