Studio · 486 sqftMarquise Square, Business Bay · 16th floor · completed 2019

1603, 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 1603 · DLD and Ejari recordsUpdated 4 March 2026
Last soldAED 927K4 May 2023
Current rentAED 110K /yr4 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1603, Marquise Square

What is 1603 worth today?

Last sold for AED 927,000 in 2023

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4 Mar 2026RentedNew contract
AED 110,000/yr12 months · AED 227 per sqft
27 Mar 2025RentedRenewal
AED 75,000/yr12 months · AED 155 per sqft
27 Mar 2024RentedNew contract
AED 75,000/yr12 months · AED 155 per sqft
4 May 2023SoldReady
AED 927,000AED 1,908 per sqft
21 Jan 2022RentedNew contract
AED 55,000/yr12 months · AED 113 per sqft
15 Jan 2021RentedNew contract
AED 48,000/yr12 months · AED 99 per sqft
15 Jan 2020RentedNew contract
AED 48,000/yr12 months · AED 99 per sqft
6 Aug 2018Sold by developerOff-plan
AED 967,906AED 1,992 per sqft

Source: Dubai Land Department. Updated 4 March 2026.

Key facts

Type
Studio apartment
Size
486 sqft
Floor
16th of 29
Parking
B3-63
Developer
SRG
Completed
2019
Service charge
AED 8,300 /yr
Last sold
AED 927K · May 2023

About 1603, Marquise Square

1603 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. It last sold on 4 May 2023 for AED 927,000, or AED 1,908 per sqft, 5% above the AED 1,810 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 4 March 2026, is AED 110,000 a year: a gross yield of 11.9% on the 2023 price, before the service charge of about AED 8,300 a year.

Sales and rents for 1603 over time

Sales
Unit 1603, 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, August 2018: AED 967,906 (AED 1,992 per sqft)Sold, May 2023: AED 927,000 (AED 1,908 per sqft)

1603 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1603, each contractTypical studio in Marquise Square
50K100K20192021202320252027Typical 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 48,000 a yearNew contract, January 2021: AED 48,000 a yearNew contract, January 2022: AED 55,000 a yearNew contract, March 2024: AED 75,000 a yearRenewal, March 2025: AED 75,000 a yearNew contract, March 2026: AED 110,000 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 1603 sits

All 239 studios →

1603 last sold in May 2023 at AED 1,908 per sqft, 5% above what studios in Marquise Square were fetching at the time (AED 1,810). 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. 1603's AED 110,000 is at the top 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 16th floor

All 413 units in Marquise Square
Value
16012-bedAED 2.9M · Nov 2023
1602StudioAED 953K · Oct 2016
1604StudioAED 975K · Mar 2022
1605StudioAED 1.05M · Nov 2021
1606StudioAED 1.27M · Jan 2026
1607StudioAED 1.05M · Jun 2018
1608StudioAED 1.03M · Jun 2018
1–7 of 16

1603, Marquise Square in numbers

  • Sold twice: first on 6 August 2018 for AED 967,906, last on 4 May 2023 for AED 927,000 (AED 1,908 per sqft).
  • Rented since January 2020 on 6 Ejari contracts, from AED 48,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2023 price is 11.9%, 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 4 March 2026.

Questions about 1603, Marquise Square

What did unit 1603 last sell for?

AED 927,000 on 4 May 2023: AED 1,908 per sqft for 486 sqft. The unit has 2 registered sales; the first was AED 967,906 in August 2018.

What is the rent for unit 1603?

AED 110,000 a year on the contract signed on 4 March 2026. The previous contract, from March 2025, was AED 75,000; the unit has been rented since January 2020.

How big is unit 1603?

486 sqft (45.2 sqm): a studio on the 16th floor of a 29-storey tower completed in 2019.

What is unit 1603 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 1603, Marquise Square

Starts from the last sale price (AED 927K, 4 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 927,000
Deposit, UAE resident (20%)
AED 185,400
Deposit, non-resident (40%)
AED 370,800
Monthly over 25 years at 3.7%
AED 3,793

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