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2-bed · 1,482 sqftMarquise Square, Business Bay · 14th floor · completed 2019

1401, Marquise Square

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

Unit 1401 · DLD and Ejari recordsUpdated 17 July 2023
Last soldAED 2.67M23 May 2022
Current rentAED 185K /yr17 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1401, Marquise Square

What is 1401 worth today?

Last sold for AED 2,666,471 in 2022

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17 Jul 2023RentedNew contract
AED 185,000/yr12 months · AED 125 per sqft
23 May 2022Sold by developerReady
AED 2,666,471AED 1,799 per sqft
10 Feb 2022RentedNew contract
AED 105,000/yr12 months · AED 71 per sqft
10 Dec 2020RentedNew contract
AED 105,000/yr14 months · AED 71 per sqft

Source: Dubai Land Department. Updated 17 July 2023.

Key facts

Type
2-bed apartment
Size
1,482 sqft
Floor
14th of 29
Parking
B1-54
Developer
SRG
Completed
2019
Service charge
AED 25,200 /yr
Last sold
AED 2.67M · May 2022
Building
Marquise Square

About 1401, Marquise Square

1401 is a two-bedroom apartment of 1,482 sqft on the 14th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. The developer sold it on 23 May 2022 for AED 2,666,471, or AED 1,799 per sqft, in line with the AED 1,806 two-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 17 July 2023, is AED 185,000 a year: a gross yield of 6.9% on the 2022 price, before the service charge of about AED 25,200 a year.

Sales and rents for 1401 over time

Sales
Unit 1401, each saleTypical two-bed in Marquise Square
2.5M3M3.5M2016201920222025Typical sale price by year: 2016 AED 2,557,016; 2020 AED 2,600,188; 2021 AED 2,517,444; 2022 AED 2,704,691; 2023 AED 2,900,000; 2024 AED 2,880,000; 2025 AED 3,400,000; 2026 AED 2,800,000Sold by developer, May 2022: AED 2,666,471 (AED 1,799 per sqft)

1401 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1401, each contractTypical two-bed in Marquise Square
100K150K20192021202320252027Typical rent by year: 2019 AED 120,000; 2020 AED 105,000; 2021 AED 102,750; 2022 AED 107,000; 2023 AED 125,000; 2024 AED 150,000; 2025 AED 155,000; 2026 AED 151,890New contract, December 2020: AED 105,000 a yearNew contract, February 2022: AED 105,000 a yearNew contract, July 2023: AED 185,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Marquise Square, and where 1401 sits

All 78 2-beds →

1401 last sold in May 2022 at AED 1,799 per sqft, in line with what two-beds in Marquise Square were fetching at the time (AED 1,806). Over the last 12 months two-beds sold for AED 2,460,000 to 4,088,924, around AED 2,246 per sqft, and rent for AED 100,000 to 205,000 a year. 1401's AED 185,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Jul 20262,620,000
15 Apr 20264,088,924
14 Apr 20263,522,415
2 Apr 20262,460,000
5 2-bed 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 14th floor

All 413 units in Marquise Square
Value
1402StudioAED 900K · May 2023
1403StudioAED 1.05M · Apr 2025
1404StudioAED 650K · Oct 2021
1405StudioAED 1.07M · Jun 2018
1406StudioAED 886K · Dec 2017
1407StudioAED 650K · Nov 2021
1408StudioAED 870K · Dec 2017
1–7 of 9

1401, Marquise Square in numbers

  • Sold once: by SRG on 23 May 2022 for AED 2,666,471, or AED 1,799 per sqft.
  • Rented since December 2020 on 3 Ejari contracts, from AED 105,000 to AED 185,000 a year.
  • At AED 185,000 a year the gross yield on the 2022 price is 6.9%, before a service charge of about AED 25,200 a year (AED 16.99 per sqft).
  • Two-beds in Marquise Square sold for AED 2,460,000–4,088,924 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 July 2023.

Questions about 1401, Marquise Square

What did unit 1401 last sell for?

AED 2,666,471 on 23 May 2022, sold by the developer: AED 1,799 per sqft for 1,482 sqft. It is the only registered sale of the unit.

What is the rent for unit 1401?

AED 185,000 a year on the contract signed on 17 July 2023. The previous contract, from February 2022, was AED 105,000; the unit has been rented since December 2020.

How big is unit 1401?

1,482 sqft (137.7 sqm): a two-bedroom apartment on the 14th floor of a 29-storey tower completed in 2019.

What is unit 1401 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marquise Square sold for AED 2,460,000 to 4,088,924 in the last 12 months, around AED 2,246 per sqft.

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Mortgage on 1401, Marquise Square

Starts from the last sale price (AED 2.67M, 23 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,666,471
Deposit, UAE resident (20%)
AED 533,294
Deposit, non-resident (40%)
AED 1,066,588
Monthly over 25 years at 3.7%
AED 10,909

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