Studio · 569 sqftMarquise Square, Business Bay · 14th floor · completed 2019

1408, 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 1408 · DLD and Ejari recordsUpdated 15 July 2026
Last soldAED 870K19 December 2017
Current rentAED 70K /yr15 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1408, Marquise Square

What is 1408 worth today?

Last sold for AED 870,295 in 2017

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15 Jul 2026RentedRenewal
AED 70,000/yr12 months · AED 123 per sqft
15 Jul 2025RentedRenewal
AED 75,000/yr12 months · AED 131 per sqft
15 Jul 2024RentedNew contract
AED 75,000/yr12 months · AED 131 per sqft
4 Jul 2023RentedRenewal
AED 57,800/yr12 months · AED 101 per sqft
4 Jul 2022RentedRenewal
AED 57,800/yr12 months · AED 101 per sqft
4 Jul 2021RentedRenewal
AED 50,000/yr12 months · AED 88 per sqft
4 Jul 2020RentedRenewal
AED 50,000/yr12 months · AED 88 per sqft
4 Jul 2019RentedNew contract
AED 55,000/yr12 months · AED 96 per sqft

Source: Dubai Land Department. Updated 15 July 2026.

Key facts

Type
Studio apartment
Size
569 sqft
Floor
14th of 29
Parking
B1-195
Developer
SRG
Completed
2019
Service charge
AED 9,700 /yr
Last sold
AED 870K · December 2017

About 1408, Marquise Square

1408 is a studio of 569 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 19 December 2017 for AED 870,295, or AED 1,528 per sqft, 9% below the AED 1,682 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 15 July 2026, is AED 70,000 a year: a gross yield of 8.0% on the 2017 price, before the service charge of about AED 9,700 a year.

Sales and rents for 1408 over time

Sales
Unit 1408, 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 870,295 (AED 1,528 per sqft)

1408 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1408, each contractTypical studio in Marquise Square
60K80K201920222025Typical 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, July 2019: AED 55,000 a yearRenewal, July 2020: AED 50,000 a yearRenewal, July 2021: AED 50,000 a yearRenewal, July 2022: AED 57,800 a yearRenewal, July 2023: AED 57,800 a yearNew contract, July 2024: AED 75,000 a yearRenewal, July 2025: AED 75,000 a yearRenewal, July 2026: AED 70,000 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 1408 sits

All 239 studios →

1408 last sold in December 2017 at AED 1,528 per sqft, 9% below what studios in Marquise Square were fetching at the time (AED 1,682). 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. 1408's AED 70,000 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
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
1–7 of 9

1408, Marquise Square in numbers

  • Sold once: by SRG on 19 December 2017 for AED 870,295, or AED 1,528 per sqft.
  • Rented since July 2019 on 8 Ejari contracts, from AED 55,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2017 price is 8.0%, before a service charge of about AED 9,700 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 15 July 2026.

Questions about 1408, Marquise Square

What did unit 1408 last sell for?

AED 870,295 on 19 December 2017, sold by the developer: AED 1,528 per sqft for 569 sqft. It is the only registered sale of the unit.

What is the rent for unit 1408?

AED 70,000 a year on the contract renewed on 15 July 2026. The previous contract, from July 2025, was AED 75,000; the unit has been rented since July 2019.

How big is unit 1408?

569 sqft (52.9 sqm): a studio on the 14th floor of a 29-storey tower completed in 2019.

What is unit 1408 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 1408, Marquise Square

Starts from the last sale price (AED 870K, 19 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 870,295
Deposit, UAE resident (20%)
AED 174,059
Deposit, non-resident (40%)
AED 348,118
Monthly over 25 years at 3.7%
AED 3,561

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