1216, Marquise Square
Sold prices and rental history: sold once, by the developer in October 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1216, Marquise Square
What is 1216 worth today?
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Source: Dubai Land Department. Updated 17 April 2026.
Key facts
- Type
- Studio apartment
- Size
- 615 sqft
- Floor
- 12th of 29
- Parking
- B2-53
- Developer
- SRG
- Completed
- 2019
- Service charge
- AED 10,400 /yr
- Last sold
- AED 996K · October 2016
- Building
- Marquise Square
About 1216, Marquise Square
1216 is a studio of 615 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 11 October 2016 for AED 996,334, or AED 1,619 per sqft, 14% below the AED 1,883 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, renewed on 17 April 2026, is AED 83,000 a year: a gross yield of 8.3% on the 2016 price, before the service charge of about AED 10,400 a year.
Sales and rents for 1216 over time
1216 has sold once; the dashed line is the studio median of each year in the building.
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 1216 sits
All 239 studios →1216 last sold in October 2016 at AED 1,619 per sqft, 14% below what studios in Marquise Square were fetching at the time (AED 1,883). 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. 1216's AED 83,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Sep 202628 September 2026 | 518 sqft | 966,888 | 1,866 | ||
| 25 Sep 202625 September 2026 | 659 sqft | 1,190,000 | 1,807 | ||
| 1 Sep 20261 September 2026 | 645 sqft | 1,110,000 | 1,721 | ||
| 6 Aug 20266 August 2026 | 515 sqft | 29,844 | 57 |
Marquise Square
Building413 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%
Other units on the 12th floor
All 413 units in Marquise Square| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,660 sqft | AED 2.34MAED 2,335,000 · Jun 2022June 2022 | 165,000 /yr | |
| 1202 | Studio | 517 sqft | AED 929KAED 928,922 · Sep 2016September 2016 | 75,000 /yr | |
| 1203 | Studio | 515 sqft | AED 980KAED 980,000 · Mar 2024March 2024 | 75,000 /yr | |
| 1204 | Studio | 486 sqft | AED 867KAED 866,936 · Dec 2016December 2016 | 55,000 /yr | |
| 1205 | Studio | 543 sqft | AED 969KAED 968,888 · Nov 2021November 2021 | 74,000 /yr | |
| 1206 | Studio | 658 sqft | AED 980KAED 980,000 · Mar 2023March 2023 | 69,812 /yr | |
| 1207 | Studio | 559 sqft | AED 1.14MAED 1,140,000 · Sep 2025September 2025 | 70,000 /yr | |
| 1208 | Studio | 599 sqft | AED 1.1MAED 1,097,491 · Apr 2022April 2022 | 72,000 /yr | |
| 1209 | 1-bed | 834 sqft | AED 1.31MAED 1,311,017 · Sep 2016September 2016 | ||
| 1210 | 2-bed | 1,583 sqft | AED 2.44MAED 2,444,087 · Oct 2016October 2016 | ||
| 1211 | 1-bed | 1,048 sqft | AED 1.51MAED 1,511,513 · Sep 2016September 2016 | 110,000 /yr | |
| 1212 | Studio | 486 sqft | AED 500KAED 500,000 · Sep 2022September 2022 | ||
| 1213 | Studio | 486 sqft | AED 1.2MAED 1,198,000 · Dec 2024December 2024 | 85,000 /yr | |
| 1214 | Studio | 689 sqft | AED 1.2MAED 1,200,000 · May 2024May 2024 | 82,894 /yr | |
| 1215 | Studio | 569 sqft | AED 1.07MAED 1,070,030 · Sep 2016September 2016 | 80,000 /yr | |
| 1217 | 1-bed | 731 sqft | AED 1.68MAED 1,675,000 · Mar 2026March 2026 | 96,000 /yr |
1216, Marquise Square in numbers
- Sold once: by SRG on 11 October 2016 for AED 996,334, or AED 1,619 per sqft.
- Rented since May 2019 on 9 Ejari contracts, from AED 55,000 to AED 83,000 a year.
- At AED 83,000 a year the gross yield on the 2016 price is 8.3%, before a service charge of about AED 10,400 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 17 April 2026.
Questions about 1216, Marquise Square
What did unit 1216 last sell for?
AED 996,334 on 11 October 2016, sold by the developer: AED 1,619 per sqft for 615 sqft. It is the only registered sale of the unit.
What is the rent for unit 1216?
AED 83,000 a year on the contract renewed on 17 April 2026. The previous contract, from April 2025, was AED 83,000; the unit has been rented since May 2019.
How big is unit 1216?
615 sqft (57.1 sqm): a studio on the 12th floor of a 29-storey tower completed in 2019.
What is unit 1216 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 1216, Marquise Square
Starts from the last sale price (AED 996K, 11 October 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 996,334
- Deposit, UAE resident (20%)
- AED 199,267
- Deposit, non-resident (40%)
- AED 398,534
- Monthly over 25 years at 3.7%
- AED 4,076
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →