Studio · 587 sqftMarquise Square, Business Bay · 16th floor · completed 2019

1605, Marquise Square

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

Unit 1605 · DLD and Ejari recordsUpdated 5 September 2025
Last soldAED 1.05M15 November 2021
Current rentAED 80K /yr5 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1605, Marquise Square

What is 1605 worth today?

Last sold for AED 1,046,888 in 2021

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5 Sep 2025RentedRenewal
AED 80,000/yr12 months · AED 136 per sqft
5 Sep 2024RentedNew contract
AED 80,000/yr12 months · AED 136 per sqft
10 Mar 2022RentedNew contract
AED 50,057/yr10 months · AED 85 per sqft
15 Nov 2021Sold by developerReady
AED 1,046,888AED 1,784 per sqft
10 Feb 2021RentedNew contract
AED 50,000/yr13 months · AED 85 per sqft

Source: Dubai Land Department. Updated 5 September 2025.

Key facts

Type
Studio apartment
Size
587 sqft
Floor
16th of 29
Parking
B3-119
Developer
SRG
Completed
2019
Service charge
AED 10,000 /yr
Last sold
AED 1.05M · November 2021

About 1605, Marquise Square

1605 is a studio of 587 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 15 November 2021 for AED 1,046,888, or AED 1,784 per sqft, 52% above the AED 1,174 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 5 September 2025, is AED 80,000 a year: a gross yield of 7.6% on the 2021 price, before the service charge of about AED 10,000 a year.

Sales and rents for 1605 over time

Sales
Unit 1605, 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, November 2021: AED 1,046,888 (AED 1,784 per sqft)

1605 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1605, 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, February 2021: AED 50,000 a yearNew contract, March 2022: AED 50,057 a yearNew contract, September 2024: AED 80,000 a yearRenewal, September 2025: AED 80,000 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 1605 sits

All 239 studios →

1605 last sold in November 2021 at AED 1,784 per sqft, 52% above what studios in Marquise Square were fetching at the time (AED 1,174). 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. 1605's AED 80,000 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 16th floor

All 413 units in Marquise Square
Value
16012-bedAED 2.9M · Nov 2023
1602StudioAED 953K · Oct 2016
1603StudioAED 927K · May 2023
1604StudioAED 975K · Mar 2022
1606StudioAED 1.27M · Jan 2026
1607StudioAED 1.05M · Jun 2018
1608StudioAED 1.03M · Jun 2018
1–7 of 16

1605, Marquise Square in numbers

  • Sold once: by SRG on 15 November 2021 for AED 1,046,888, or AED 1,784 per sqft.
  • Rented since February 2021 on 4 Ejari contracts, from AED 50,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2021 price is 7.6%, before a service charge of about AED 10,000 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 5 September 2025.

Questions about 1605, Marquise Square

What did unit 1605 last sell for?

AED 1,046,888 on 15 November 2021, sold by the developer: AED 1,784 per sqft for 587 sqft. It is the only registered sale of the unit.

What is the rent for unit 1605?

AED 80,000 a year on the contract renewed on 5 September 2025. The previous contract, from September 2024, was AED 80,000; the unit has been rented since February 2021.

How big is unit 1605?

587 sqft (54.5 sqm): a studio on the 16th floor of a 29-storey tower completed in 2019.

What is unit 1605 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 1605, Marquise Square

Starts from the last sale price (AED 1.05M, 15 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,046,888
Deposit, UAE resident (20%)
AED 209,378
Deposit, non-resident (40%)
AED 418,755
Monthly over 25 years at 3.7%
AED 4,283

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