Studio · 599 sqftMarquise Square, Business Bay · 12th floor · completed 2019

1208, Marquise Square

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

Unit 1208 · DLD and Ejari recordsUpdated 5 June 2026
Last soldAED 1.1M26 April 2022
Current rentAED 72K /yr5 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1208, Marquise Square

What is 1208 worth today?

Last sold for AED 1,097,491 in 2022

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5 Jun 2026RentedNew contract
AED 72,000/yr13 months · AED 120 per sqft
5 Jun 2025RentedRenewal
AED 72,000/yr12 months · AED 120 per sqft
5 Jun 2024RentedRenewal
AED 70,000/yr12 months · AED 117 per sqft
5 Jun 2023RentedRenewal
AED 65,000/yr12 months · AED 109 per sqft
5 Jun 2022RentedNew contract
AED 55,000/yr12 months · AED 92 per sqft
26 Apr 2022Sold by developerReady
AED 1,097,491AED 1,833 per sqft
5 May 2021RentedNew contract
AED 50,000/yr13 months · AED 84 per sqft
4 Feb 2021RentedNew contract
AED 51,000/yr13 months · AED 85 per sqft

Source: Dubai Land Department. Updated 5 June 2026.

Key facts

Type
Studio apartment
Size
599 sqft
Floor
12th of 29
Parking
B2-15
Developer
SRG
Completed
2019
Service charge
AED 10,200 /yr
Last sold
AED 1.1M · April 2022

About 1208, Marquise Square

1208 is a studio of 599 sqft on the 12th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. The developer sold it on 26 April 2022 for AED 1,097,491, or AED 1,833 per sqft, in line with the AED 1,852 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, signed on 5 June 2026, is AED 72,000 a year: a gross yield of 6.6% on the 2022 price, before the service charge of about AED 10,200 a year.

Sales and rents for 1208 over time

Sales
Unit 1208, 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 2022: AED 1,097,491 (AED 1,833 per sqft)

1208 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1208, each contractTypical studio in Marquise Square
60K80K20192021202320252027Typical 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, February 2020: AED 55,000 a yearNew contract, February 2021: AED 51,000 a yearNew contract, May 2021: AED 50,000 a yearNew contract, June 2022: AED 55,000 a yearRenewal, June 2023: AED 65,000 a yearRenewal, June 2024: AED 70,000 a yearRenewal, June 2025: AED 72,000 a yearNew contract, June 2026: AED 72,000 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 1208 sits

All 239 studios →

1208 last sold in April 2022 at AED 1,833 per sqft, in line with what studios in Marquise Square were fetching at the time (AED 1,852). 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. 1208's AED 72,000 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 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
1206StudioAED 980K · Mar 2023
1207StudioAED 1.14M · Sep 2025
1–7 of 16

1208, Marquise Square in numbers

  • Sold once: by SRG on 26 April 2022 for AED 1,097,491, or AED 1,833 per sqft.
  • Rented since February 2020 on 8 Ejari contracts, from AED 55,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2022 price is 6.6%, before a service charge of about AED 10,200 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 5 June 2026.

Questions about 1208, Marquise Square

What did unit 1208 last sell for?

AED 1,097,491 on 26 April 2022, sold by the developer: AED 1,833 per sqft for 599 sqft. It is the only registered sale of the unit.

What is the rent for unit 1208?

AED 72,000 a year on the contract signed on 5 June 2026. The previous contract, from June 2025, was AED 72,000; the unit has been rented since February 2020.

How big is unit 1208?

599 sqft (55.6 sqm): a studio on the 12th floor of a 29-storey tower completed in 2019.

What is unit 1208 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 1208, Marquise Square

Starts from the last sale price (AED 1.1M, 26 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,097,491
Deposit, UAE resident (20%)
AED 219,498
Deposit, non-resident (40%)
AED 438,996
Monthly over 25 years at 3.7%
AED 4,490

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