Studio · 543 sqftMarquise Square, Business Bay · 13th floor · completed 2019

1305, Marquise Square

Sold prices and rental history: sold twice, last in December 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1305 · DLD and Ejari recordsUpdated 26 December 2023
Last soldAED 1.12M26 December 2023
Current rentAED 58K /yr29 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1305, Marquise Square

What is 1305 worth today?

Last sold for AED 1,119,677 in 2023

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26 Dec 2023SoldReady
AED 1,119,677AED 2,063 per sqft
29 Jan 2023RentedNew contract
AED 57,690/yr6 months · AED 106 per sqft
12 Apr 2022Sold by developerReady
AED 1,017,888AED 1,875 per sqft
29 Jan 2022RentedNew contract
AED 48,000/yr12 months · AED 88 per sqft
29 Dec 2020RentedNew contract
AED 48,000/yr13 months · AED 88 per sqft

Source: Dubai Land Department. Updated 26 December 2023.

Key facts

Type
Studio apartment
Size
543 sqft
Floor
13th of 29
Parking
B3-103
Developer
SRG
Completed
2019
Service charge
AED 9,200 /yr
Last sold
AED 1.12M · December 2023

About 1305, Marquise Square

1305 is a studio of 543 sqft on the 13th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. It last sold on 26 December 2023 for AED 1,119,677, or AED 2,063 per sqft, 16% above the AED 1,785 studios in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 29 January 2023, is AED 57,690 a year: a gross yield of 5.1% on the 2023 price, before the service charge of about AED 9,200 a year.

Sales and rents for 1305 over time

Sales
Unit 1305, 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 1,017,888 (AED 1,875 per sqft)Sold, December 2023: AED 1,119,677 (AED 2,063 per sqft)

1305 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1305, 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, December 2020: AED 48,000 a yearNew contract, January 2022: AED 48,000 a yearNew contract, January 2023: AED 57,690 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 1305 sits

All 239 studios →

1305 last sold in December 2023 at AED 2,063 per sqft, 16% above what studios in Marquise Square were fetching at the time (AED 1,785). 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. 1305's AED 57,690 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 13th floor

All 413 units in Marquise Square
Value
13012-bedAED 2.79M · Jul 2022
1302StudioAED 1.2M · Mar 2025
1303StudioAED 967K · Jun 2022
1304StudioAED 700K · Mar 2022
1306StudioAED 1.2M · Feb 2022
1307StudioAED 1.01M · Apr 2018
1308StudioAED 1.02M · Apr 2022
1–7 of 16

1305, Marquise Square in numbers

  • Sold twice: first on 12 April 2022 for AED 1,017,888, last on 26 December 2023 for AED 1,119,677 (AED 2,063 per sqft).
  • Rented since December 2020 on 3 Ejari contracts, from AED 48,000 to AED 57,690 a year.
  • At AED 57,690 a year the gross yield on the 2023 price is 5.1%, before a service charge of about AED 9,200 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 26 December 2023.

Questions about 1305, Marquise Square

What did unit 1305 last sell for?

AED 1,119,677 on 26 December 2023: AED 2,063 per sqft for 543 sqft. The unit has 2 registered sales; the first was AED 1,017,888 in April 2022.

What is the rent for unit 1305?

AED 57,690 a year on the contract signed on 29 January 2023. The previous contract, from January 2022, was AED 48,000; the unit has been rented since December 2020.

How big is unit 1305?

543 sqft (50.4 sqm): a studio on the 13th floor of a 29-storey tower completed in 2019.

What is unit 1305 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 1305, Marquise Square

Starts from the last sale price (AED 1.12M, 26 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,119,677
Deposit, UAE resident (20%)
AED 223,935
Deposit, non-resident (40%)
AED 447,871
Monthly over 25 years at 3.7%
AED 4,581

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