Studio · 569 sqftMarquise Square, Business Bay · 15th floor · completed 2019

1508, Marquise Square

Sold prices and rental history: sold once, by the developer in April 2022, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1508 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 1.07M12 April 2022
Current rentAED 90K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1508, Marquise Square

What is 1508 worth today?

Last sold for AED 1,071,888 in 2022

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1 Dec 2025RentedNew contract
AED 90,000/yr12 months · AED 158 per sqft
1 Oct 2024RentedRenewal
AED 90,000/yr12 months · AED 158 per sqft
1 Oct 2023RentedNew contract
AED 82,000/yr12 months · AED 144 per sqft
2 May 2022RentedNew contract
AED 70,000/yr12 months · AED 123 per sqft
12 Apr 2022Sold by developerReady
AED 1,071,888AED 1,882 per sqft
18 Sep 2021RentedNew contract
AED 65,000/yr13 months · AED 114 per sqft

Source: Dubai Land Department. Updated 1 December 2025.

Key facts

Type
Studio apartment
Size
569 sqft
Floor
15th of 29
Parking
B2-18
Developer
SRG
Completed
2019
Service charge
AED 9,700 /yr
Last sold
AED 1.07M · April 2022

About 1508, Marquise Square

1508 is a studio of 569 sqft on the 15th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. The developer sold it on 12 April 2022 for AED 1,071,888, or AED 1,882 per sqft, in line with the AED 1,854 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 1 December 2025, is AED 90,000 a year: a gross yield of 8.4% on the 2022 price, before the service charge of about AED 9,700 a year.

Sales and rents for 1508 over time

Sales
Unit 1508, 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 1,071,888 (AED 1,882 per sqft)

1508 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1508, 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, September 2021: AED 65,000 a yearNew contract, May 2022: AED 70,000 a yearNew contract, October 2023: AED 82,000 a yearRenewal, October 2024: AED 90,000 a yearNew contract, December 2025: AED 90,000 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 1508 sits

All 239 studios →

1508 last sold in April 2022 at AED 1,882 per sqft, in line with what studios in Marquise Square were fetching at the time (AED 1,854). 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. 1508's AED 90,000 is in the upper 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 15th floor

All 413 units in Marquise Square
Value
15012-bedAED 3.47M · Apr 2023
1502StudioAED 1.01M · Jun 2018
1503StudioAED 1.05M · Feb 2024
1504StudioAED 945K · May 2017
1505StudioAED 969K · Jan 2022
1506StudioAED 1.14M · Aug 2026
1507StudioAED 1.2M · Oct 2025
1–7 of 16

1508, Marquise Square in numbers

  • Sold once: by SRG on 12 April 2022 for AED 1,071,888, or AED 1,882 per sqft.
  • Rented since September 2021 on 5 Ejari contracts, from AED 65,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2022 price is 8.4%, 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 1 December 2025.

Questions about 1508, Marquise Square

What did unit 1508 last sell for?

AED 1,071,888 on 12 April 2022, sold by the developer: AED 1,882 per sqft for 569 sqft. It is the only registered sale of the unit.

What is the rent for unit 1508?

AED 90,000 a year on the contract signed on 1 December 2025. The previous contract, from October 2024, was AED 90,000; the unit has been rented since September 2021.

How big is unit 1508?

569 sqft (52.9 sqm): a studio on the 15th floor of a 29-storey tower completed in 2019.

What is unit 1508 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 1508, Marquise Square

Starts from the last sale price (AED 1.07M, 12 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,071,888
Deposit, UAE resident (20%)
AED 214,378
Deposit, non-resident (40%)
AED 428,755
Monthly over 25 years at 3.7%
AED 4,385

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