1602, Marquise Square
Sold prices and rental history: sold once, by the developer in October 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1602, Marquise Square
What is 1602 worth today?
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Source: Dubai Land Department. Updated 18 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 486 sqft
- Floor
- 16th of 29
- Parking
- B3-64
- Developer
- SRG
- Completed
- 2019
- Service charge
- AED 8,300 /yr
- Last sold
- AED 953K · October 2016
- Building
- Marquise Square
About 1602, Marquise Square
1602 is a studio of 486 sqft on the 16th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. The developer sold it on 25 October 2016 for AED 953,426, or AED 1,962 per sqft, 6% above the AED 1,845 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 18 September 2026, is AED 65,000 a year: a gross yield of 6.8% on the 2016 price, before the service charge of about AED 8,300 a year.
Sales and rents for 1602 over time
1602 has sold once; the dashed line is the studio median of each year in the building.
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 1602 sits
All 239 studios →1602 last sold in October 2016 at AED 1,962 per sqft, 6% above what studios in Marquise Square were fetching at the time (AED 1,845). 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. 1602's AED 65,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Sep 202628 September 2026 | 518 sqft | 966,888 | 1,866 | ||
| 25 Sep 202625 September 2026 | 659 sqft | 1,190,000 | 1,807 | ||
| 1 Sep 20261 September 2026 | 645 sqft | 1,110,000 | 1,721 | ||
| 6 Aug 20266 August 2026 | 515 sqft | 29,844 | 57 |
Marquise Square
Building413 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%
Other units on the 16th floor
All 413 units in Marquise Square| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,659 sqft | AED 2.9MAED 2,900,000 · Nov 2023November 2023 | 180,000 /yr | |
| 1603 | Studio | 486 sqft | AED 927KAED 927,000 · May 2023May 2023 | 110,000 /yr | |
| 1604 | Studio | 516 sqft | AED 975KAED 974,888 · Mar 2022March 2022 | 73,500 /yr | |
| 1605 | Studio | 587 sqft | AED 1.05MAED 1,046,888 · Nov 2021November 2021 | 80,000 /yr | |
| 1606 | Studio | 612 sqft | AED 1.27MAED 1,270,000 · Jan 2026January 2026 | 80,000 /yr | |
| 1607 | Studio | 648 sqft | AED 1.05MAED 1,050,567 · Jun 2018June 2018 | 87,000 /yr | |
| 1608 | Studio | 569 sqft | AED 1.03MAED 1,026,667 · Jun 2018June 2018 | 65,000 /yr | |
| 1609 | 1-bed | 834 sqft | AED 1.6MAED 1,600,000 · Jan 2025January 2025 | 50,000 /yr | |
| 1610 | 2-bed | 1,583 sqft | AED 2.3MAED 2,300,000 · Sep 2018September 2018 | 195,000 /yr | |
| 1611 | 1-bed | 930 sqft | AED 1.85MAED 1,850,000 · Jan 2023January 2023 | ||
| 1612 | Studio | 515 sqft | AED 1.08MAED 1,076,103 · Sep 2016September 2016 | 65,000 /yr | |
| 1613 | Studio | 516 sqft | AED 1.03MAED 1,033,888 · Mar 2022March 2022 | 57,000 /yr | |
| 1614 | Studio | 616 sqft | AED 538KAED 537,500 · Nov 2022November 2022 | ||
| 1615 | Studio | 613 sqft | AED 1.14MAED 1,136,078 · Nov 2016November 2016 | 70,000 /yr | |
| 1616 | Studio | 617 sqft | AED 1.11MAED 1,107,011 · Oct 2016October 2016 | 80,000 /yr | |
| 1617 | 1-bed | 726 sqft | AED 1.3MAED 1,300,000 · Nov 2022November 2022 | 120,000 /yr |
1602, Marquise Square in numbers
- Sold once: by SRG on 25 October 2016 for AED 953,426, or AED 1,962 per sqft.
- Rented since August 2019 on 7 Ejari contracts, from AED 50,000 to AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2016 price is 6.8%, before a service charge of about AED 8,300 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 18 September 2026.
Questions about 1602, Marquise Square
What did unit 1602 last sell for?
AED 953,426 on 25 October 2016, sold by the developer: AED 1,962 per sqft for 486 sqft. It is the only registered sale of the unit.
What is the rent for unit 1602?
AED 65,000 a year on the contract signed on 18 September 2026. The previous contract, from September 2025, was AED 80,000; the unit has been rented since August 2019.
How big is unit 1602?
486 sqft (45.2 sqm): a studio on the 16th floor of a 29-storey tower completed in 2019.
What is unit 1602 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 1602, Marquise Square
Starts from the last sale price (AED 953K, 25 October 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 953,426
- Deposit, UAE resident (20%)
- AED 190,685
- Deposit, non-resident (40%)
- AED 381,370
- Monthly over 25 years at 3.7%
- AED 3,901
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →