Studio · 516 sqftMarquise Square, Business Bay · 16th floor · completed 2019

1604, Marquise Square

Sold prices and rental history: sold once, by the developer in March 2022, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1604 · DLD and Ejari recordsUpdated 15 January 2026
Last soldAED 975K29 March 2022
Current rentAED 74K /yr15 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1604, Marquise Square

What is 1604 worth today?

Last sold for AED 974,888 in 2022

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15 Jan 2026RentedNew contract
AED 73,500/yr12 months · AED 142 per sqft
15 Jan 2025RentedNew contract
AED 70,000/yr12 months · AED 136 per sqft
15 Jan 2025RentedNew contract
AED 70,000/yr12 months · AED 136 per sqft
15 Jan 2024RentedRenewal
AED 70,000/yr12 months · AED 135 per sqft
15 Jan 2023RentedNew contract
AED 70,000/yr12 months · AED 135 per sqft
29 Mar 2022Sold by developerReady
AED 974,888AED 1,887 per sqft
21 Jul 2021RentedNew contract
AED 48,000/yr13 months · AED 93 per sqft
21 Jun 2020RentedNew contract
AED 50,000/yr13 months · AED 97 per sqft

Source: Dubai Land Department. Updated 15 January 2026.

Key facts

Type
Studio apartment
Size
516 sqft
Floor
16th of 29
Parking
B3-175
Developer
SRG
Completed
2019
Service charge
AED 8,800 /yr
Last sold
AED 975K · March 2022

About 1604, Marquise Square

1604 is a studio of 516 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 29 March 2022 for AED 974,888, or AED 1,887 per sqft, in line with the AED 1,852 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 15 January 2026, is AED 73,500 a year: a gross yield of 7.5% on the 2022 price, before the service charge of about AED 8,800 a year.

Sales and rents for 1604 over time

Sales
Unit 1604, 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, March 2022: AED 974,888 (AED 1,887 per sqft)

1604 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1604, 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, June 2020: AED 50,000 a yearNew contract, July 2021: AED 48,000 a yearNew contract, January 2023: AED 70,000 a yearRenewal, January 2024: AED 70,000 a yearNew contract, January 2025: AED 70,000 a yearNew contract, January 2025: AED 70,000 a yearNew contract, January 2026: AED 73,500 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 1604 sits

All 239 studios →

1604 last sold in March 2022 at AED 1,887 per sqft, in line with what studios in Marquise Square were fetching at the time (AED 1,852). 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. 1604's AED 73,500 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 16th floor

All 413 units in Marquise Square
Value
16012-bedAED 2.9M · Nov 2023
1602StudioAED 953K · Oct 2016
1603StudioAED 927K · May 2023
1605StudioAED 1.05M · Nov 2021
1606StudioAED 1.27M · Jan 2026
1607StudioAED 1.05M · Jun 2018
1608StudioAED 1.03M · Jun 2018
1–7 of 16

1604, Marquise Square in numbers

  • Sold once: by SRG on 29 March 2022 for AED 974,888, or AED 1,887 per sqft.
  • Rented since June 2020 on 7 Ejari contracts, from AED 50,000 to AED 73,500 a year.
  • At AED 73,500 a year the gross yield on the 2022 price is 7.5%, before a service charge of about AED 8,800 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 January 2026.

Questions about 1604, Marquise Square

What did unit 1604 last sell for?

AED 974,888 on 29 March 2022, sold by the developer: AED 1,887 per sqft for 516 sqft. It is the only registered sale of the unit.

What is the rent for unit 1604?

AED 73,500 a year on the contract signed on 15 January 2026. The previous contract, from January 2025, was AED 70,000; the unit has been rented since June 2020.

How big is unit 1604?

516 sqft (47.9 sqm): a studio on the 16th floor of a 29-storey tower completed in 2019.

What is unit 1604 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 1604, Marquise Square

Starts from the last sale price (AED 975K, 29 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 974,888
Deposit, UAE resident (20%)
AED 194,978
Deposit, non-resident (40%)
AED 389,955
Monthly over 25 years at 3.7%
AED 3,989

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