Studio · 612 sqftMarquise Square, Business Bay · 16th floor · completed 2019

1606, Marquise Square

Sold prices and rental history: sold twice, last in January 2026, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1606 · DLD and Ejari recordsUpdated 5 January 2026
Last soldAED 1.27M5 January 2026
Current rentAED 80K /yr20 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1606, Marquise Square

What is 1606 worth today?

Last sold for AED 1,270,000 in 2026

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5 Jan 2026SoldReady
AED 1,270,000AED 2,073 per sqft
20 Oct 2024RentedRenewal
AED 80,000/yr12 months · AED 131 per sqft
20 Oct 2023RentedNew contract
AED 80,000/yr12 months · AED 131 per sqft
28 Aug 2022RentedRenewal
AED 50,400/yr12 months · AED 82 per sqft
28 Aug 2021RentedRenewal
AED 48,000/yr12 months · AED 78 per sqft
28 Aug 2020RentedNew contract
AED 47,000/yr12 months · AED 77 per sqft
30 Apr 2018Sold by developerOff-plan
AED 1,044,261AED 1,705 per sqft

Source: Dubai Land Department. Updated 5 January 2026.

Key facts

Type
Studio apartment
Size
612 sqft
Floor
16th of 29
Parking
B2-36
Developer
SRG
Completed
2019
Service charge
AED 10,400 /yr
Last sold
AED 1.27M · January 2026

About 1606, Marquise Square

1606 is a studio of 612 sqft on the 16th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. It last sold on 5 January 2026 for AED 1,270,000, or AED 2,073 per sqft, in line with the AED 2,111 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 20 October 2024, is AED 80,000 a year: a gross yield of 6.3% on the 2026 price, before the service charge of about AED 10,400 a year.

Sales and rents for 1606 over time

Sales
Unit 1606, each saleTypical studio in Marquise Square
750K1M1.25M2016201920222025Typical 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, April 2018: AED 1,044,261 (AED 1,705 per sqft)Sold, January 2026: AED 1,270,000 (AED 2,073 per sqft)

1606 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1606, 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, August 2020: AED 47,000 a yearRenewal, August 2021: AED 48,000 a yearRenewal, August 2022: AED 50,400 a yearNew contract, October 2023: AED 80,000 a yearRenewal, October 2024: 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 1606 sits

All 239 studios →

1606 last sold in January 2026 at AED 2,073 per sqft, in line with what studios in Marquise Square were fetching at the time (AED 2,111). 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. 1606'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
1605StudioAED 1.05M · Nov 2021
1607StudioAED 1.05M · Jun 2018
1608StudioAED 1.03M · Jun 2018
1–7 of 16

1606, Marquise Square in numbers

  • Sold twice: first on 30 April 2018 for AED 1,044,261, last on 5 January 2026 for AED 1,270,000 (AED 2,073 per sqft).
  • Rented since August 2020 on 5 Ejari contracts, from AED 47,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2026 price is 6.3%, before a service charge of about AED 10,400 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 January 2026.

Questions about 1606, Marquise Square

What did unit 1606 last sell for?

AED 1,270,000 on 5 January 2026: AED 2,073 per sqft for 612 sqft. The unit has 2 registered sales; the first was AED 1,044,261 in April 2018.

What is the rent for unit 1606?

AED 80,000 a year on the contract renewed on 20 October 2024. The previous contract, from October 2023, was AED 80,000; the unit has been rented since August 2020.

How big is unit 1606?

612 sqft (56.9 sqm): a studio on the 16th floor of a 29-storey tower completed in 2019.

What is unit 1606 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 1606, Marquise Square

Starts from the last sale price (AED 1.27M, 5 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,270,000
Deposit, UAE resident (20%)
AED 254,000
Deposit, non-resident (40%)
AED 508,000
Monthly over 25 years at 3.7%
AED 5,196

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