Studio · 515 sqftMarquise Square, Business Bay · 14th floor · completed 2019

1402, Marquise Square

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

Unit 1402 · DLD and Ejari recordsUpdated 5 April 2026
Last soldAED 900K18 May 2023
Current rentAED 72K /yr5 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1402, Marquise Square

What is 1402 worth today?

Last sold for AED 900,000 in 2023

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5 Apr 2026RentedNew contract
AED 72,000/yr12 months · AED 140 per sqft
5 Apr 2025RentedRenewal
AED 68,500/yr12 months · AED 133 per sqft
5 Apr 2024RentedNew contract
AED 65,000/yr12 months · AED 126 per sqft
18 May 2023SoldReady
AED 900,000AED 1,747 per sqft
15 Jan 2023RentedRenewal
AED 51,820/yr12 months · AED 101 per sqft
15 Jan 2022RentedRenewal
AED 49,350/yr12 months · AED 96 per sqft
15 Jan 2021RentedNew contract
AED 47,000/yr12 months · AED 91 per sqft
15 Jan 2020RentedNew contract
AED 47,000/yr12 months · AED 91 per sqft

Source: Dubai Land Department. Updated 5 April 2026.

Key facts

Type
Studio apartment
Size
515 sqft
Floor
14th of 29
Parking
B3-60
Developer
SRG
Completed
2019
Service charge
AED 8,800 /yr
Last sold
AED 900K · May 2023

About 1402, Marquise Square

1402 is a studio of 515 sqft on the 14th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. It last sold on 18 May 2023 for AED 900,000, or AED 1,747 per sqft, 3% below the AED 1,803 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 5 April 2026, is AED 72,000 a year: a gross yield of 8.0% on the 2023 price, before the service charge of about AED 8,800 a year.

Sales and rents for 1402 over time

Sales
Unit 1402, 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 2018: AED 1,004,329 (AED 1,949 per sqft)Sold, May 2023: AED 900,000 (AED 1,747 per sqft)

1402 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1402, 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, January 2020: AED 47,000 a yearNew contract, January 2021: AED 47,000 a yearRenewal, January 2022: AED 49,350 a yearRenewal, January 2023: AED 51,820 a yearNew contract, April 2024: AED 65,000 a yearRenewal, April 2025: AED 68,500 a yearNew contract, April 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 1402 sits

All 239 studios →

1402 last sold in May 2023 at AED 1,747 per sqft, 3% below what studios in Marquise Square were fetching at the time (AED 1,803). 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. 1402'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 14th floor

All 413 units in Marquise Square
Value
14012-bedAED 2.67M · May 2022
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

1402, Marquise Square in numbers

  • Sold twice: first on 1 April 2018 for AED 1,004,329, last on 18 May 2023 for AED 900,000 (AED 1,747 per sqft).
  • Rented since January 2020 on 7 Ejari contracts, from AED 47,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2023 price is 8.0%, before a service charge of about AED 8,800 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 April 2026.

Questions about 1402, Marquise Square

What did unit 1402 last sell for?

AED 900,000 on 18 May 2023: AED 1,747 per sqft for 515 sqft. The unit has 2 registered sales; the first was AED 1,004,329 in April 2018.

What is the rent for unit 1402?

AED 72,000 a year on the contract signed on 5 April 2026. The previous contract, from April 2025, was AED 68,500; the unit has been rented since January 2020.

How big is unit 1402?

515 sqft (47.8 sqm): a studio on the 14th floor of a 29-storey tower completed in 2019.

What is unit 1402 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 1402, Marquise Square

Starts from the last sale price (AED 900K, 18 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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