Studio · 486 sqftMarquise Square, Business Bay · 13th floor · completed 2019

1313, Marquise Square

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

Unit 1313 · DLD and Ejari recordsUpdated 5 September 2022
Last soldAED 979K6 December 2017
Current rentAED 47K /yr5 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1313, Marquise Square

What is 1313 worth today?

Last sold for AED 978,949 in 2017

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5 Sep 2022RentedRenewal
AED 47,250/yr12 months · AED 98 per sqft
5 Sep 2021RentedNew contract
AED 45,000/yr12 months · AED 93 per sqft
1 Sep 2020RentedNew contract
AED 42,000/yr12 months · AED 87 per sqft
25 Aug 2019RentedNew contract
AED 50,000/yr12 months · AED 103 per sqft
6 Dec 2017Sold by developerOff-plan
AED 978,949AED 2,016 per sqft

Source: Dubai Land Department. Updated 5 September 2022.

Key facts

Type
Studio apartment
Size
486 sqft
Floor
13th of 29
Parking
B3-19
Developer
SRG
Completed
2019
Service charge
AED 8,200 /yr
Last sold
AED 979K · December 2017

About 1313, Marquise Square

1313 is a studio of 486 sqft on the 13th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. The developer sold it on 6 December 2017 for AED 978,949, or AED 2,016 per sqft, 19% above the AED 1,688 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 5 September 2022, is AED 47,250 a year: a gross yield of 4.8% on the 2017 price, before the service charge of about AED 8,200 a year.

Sales and rents for 1313 over time

Sales
Unit 1313, 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, December 2017: AED 978,949 (AED 2,016 per sqft)

1313 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1313, each contractTypical studio in Marquise Square
40K60K80K20192021202320252027Typical 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 50,000 a yearNew contract, September 2020: AED 42,000 a yearNew contract, September 2021: AED 45,000 a yearRenewal, September 2022: AED 47,250 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 1313 sits

All 239 studios →

1313 last sold in December 2017 at AED 2,016 per sqft, 19% above what studios in Marquise Square were fetching at the time (AED 1,688). 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. 1313's AED 47,250 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
1305StudioAED 1.12M · Dec 2023
1306StudioAED 1.2M · Feb 2022
1307StudioAED 1.01M · Apr 2018
1–7 of 16

1313, Marquise Square in numbers

  • Sold once: by SRG on 6 December 2017 for AED 978,949, or AED 2,016 per sqft.
  • Rented since August 2019 on 4 Ejari contracts. The rent fell from AED 50,000 to AED 42,000 in 2020 and recovered to AED 47,250 by September 2022.
  • At AED 47,250 a year the gross yield on the 2017 price is 4.8%, before a service charge of about AED 8,200 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 September 2022.

Questions about 1313, Marquise Square

What did unit 1313 last sell for?

AED 978,949 on 6 December 2017, sold by the developer: AED 2,016 per sqft for 486 sqft. It is the only registered sale of the unit.

What is the rent for unit 1313?

AED 47,250 a year on the contract renewed on 5 September 2022. The previous contract, from September 2021, was AED 45,000; the unit has been rented since August 2019.

How big is unit 1313?

486 sqft (45.2 sqm): a studio on the 13th floor of a 29-storey tower completed in 2019.

What is unit 1313 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 1313, Marquise Square

Starts from the last sale price (AED 979K, 6 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 978,949
Deposit, UAE resident (20%)
AED 195,790
Deposit, non-resident (40%)
AED 391,580
Monthly over 25 years at 3.7%
AED 4,005

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