Studio · 515 sqftMarquise Square, Business Bay · 15th floor · completed 2019

1512, Marquise Square

Sold prices and rental history: sold once, by the developer in June 2018, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1512 · DLD and Ejari recordsUpdated 1 September 2022
Last soldAED 1.13M10 June 2018
Current rentAED 58K /yr1 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1512, Marquise Square

What is 1512 worth today?

Last sold for AED 1,132,074 in 2018

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1 Sep 2022RentedNew contract
AED 58,000/yr12 months · AED 112 per sqft
2 Nov 2020RentedNew contract
AED 52,000/yr12 months · AED 101 per sqft
10 Jun 2018Sold by developerOff-plan
AED 1,132,074AED 2,198 per sqft

Source: Dubai Land Department. Updated 1 September 2022.

Key facts

Type
Studio apartment
Size
515 sqft
Floor
15th of 29
Parking
B3-22
Developer
SRG
Completed
2019
Service charge
AED 8,700 /yr
Last sold
AED 1.13M · June 2018

About 1512, Marquise Square

1512 is a studio of 515 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 10 June 2018 for AED 1,132,074, or AED 2,198 per sqft, 23% above the AED 1,787 studios in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 1 September 2022, is AED 58,000 a year: a gross yield of 5.1% on the 2018 price, before the service charge of about AED 8,700 a year.

Sales and rents for 1512 over time

Sales
Unit 1512, 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, June 2018: AED 1,132,074 (AED 2,198 per sqft)

1512 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1512, 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, November 2020: AED 52,000 a yearNew contract, September 2022: AED 58,000 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 1512 sits

All 239 studios →

1512 last sold in June 2018 at AED 2,198 per sqft, 23% above what studios in Marquise Square were fetching at the time (AED 1,787). 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. 1512's AED 58,000 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 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

1512, Marquise Square in numbers

  • Sold once: by SRG on 10 June 2018 for AED 1,132,074, or AED 2,198 per sqft.
  • Rented since November 2020 on 2 Ejari contracts, from AED 52,000 to AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2018 price is 5.1%, before a service charge of about AED 8,700 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 September 2022.

Questions about 1512, Marquise Square

What did unit 1512 last sell for?

AED 1,132,074 on 10 June 2018, sold by the developer: AED 2,198 per sqft for 515 sqft. It is the only registered sale of the unit.

What is the rent for unit 1512?

AED 58,000 a year on the contract signed on 1 September 2022. The previous contract, from November 2020, was AED 52,000.

How big is unit 1512?

515 sqft (47.8 sqm): a studio on the 15th floor of a 29-storey tower completed in 2019.

What is unit 1512 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 1512, Marquise Square

Starts from the last sale price (AED 1.13M, 10 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,132,074
Deposit, UAE resident (20%)
AED 226,415
Deposit, non-resident (40%)
AED 452,830
Monthly over 25 years at 3.7%
AED 4,632

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