1-bed · 834 sqftMarquise Square, Business Bay · 16th floor · completed 2019

1609, Marquise Square

Sold prices and rental history: sold twice, last in January 2025, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1609 · DLD and Ejari recordsUpdated 13 January 2025
Last soldAED 1.6M13 January 2025
Current rentAED 50K /yr9 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1609, Marquise Square

What is 1609 worth today?

Last sold for AED 1,600,000 in 2025

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13 Jan 2025SoldReady
AED 1,600,000AED 1,919 per sqft
9 Jan 2024RentedNew contract
AED 50,000/yr12 months · AED 60 per sqft
8 Feb 2022Sold by developerReady
AED 1,457,888AED 1,748 per sqft
30 Dec 2020RentedNew contract
AED 72,000/yr13 months · AED 86 per sqft
12 Dec 2019RentedNew contract
AED 76,000/yr12 months · AED 91 per sqft

Source: Dubai Land Department. Updated 13 January 2025.

Key facts

Type
1-bed apartment
Size
834 sqft
Floor
16th of 29
Parking
B2-118
Developer
SRG
Completed
2019
Service charge
AED 14,200 /yr
Last sold
AED 1.6M · January 2025

About 1609, Marquise Square

1609 is a one-bedroom apartment of 834 sqft on the 16th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. It last sold on 13 January 2025 for AED 1,600,000, or AED 1,919 per sqft, in line with the AED 1,919 one-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 9 January 2024, is AED 50,000 a year: a gross yield of 3.1% on the 2025 price, before the service charge of about AED 14,200 a year.

Sales and rents for 1609 over time

Sales
Unit 1609, each saleTypical one-bed in Marquise Square
1M1.5M2016201920222025Typical sale price by year: 2016 AED 1,443,698; 2017 AED 1,420,759; 2018 AED 1,573,158; 2020 AED 1,084,743; 2021 AED 1,286,388; 2022 AED 1,441,888; 2023 AED 1,423,746; 2024 AED 1,600,000; 2025 AED 1,640,000Sold by developer, February 2022: AED 1,457,888 (AED 1,748 per sqft)Sold, January 2025: AED 1,600,000 (AED 1,919 per sqft)

1609 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1609, each contractTypical one-bed in Marquise Square
50K100K20192021202320252027Typical rent by year: 2019 AED 75,000; 2020 AED 72,000; 2021 AED 70,000; 2022 AED 75,000; 2023 AED 82,000; 2024 AED 95,867; 2025 AED 110,000; 2026 AED 106,000New contract, December 2019: AED 76,000 a yearNew contract, December 2020: AED 72,000 a yearNew contract, January 2024: AED 50,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Marquise Square, and where 1609 sits

All 78 1-beds →

1609 last sold in January 2025 at AED 1,919 per sqft, in line with what one-beds in Marquise Square were fetching at the time (AED 1,919). Over the last 12 months one-beds sold for AED 1,675,000 to 2,250,000, around AED 2,220 per sqft, and rent for AED 77,000 to 145,000 a year. 1609's AED 50,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Aug 20266,350
28 Jul 20262,250,000
6 Mar 20261,675,000
29 Dec 202532,702
4 1-bed 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
1606StudioAED 1.27M · Jan 2026
1607StudioAED 1.05M · Jun 2018
1–7 of 16

1609, Marquise Square in numbers

  • Sold twice: first on 8 February 2022 for AED 1,457,888, last on 13 January 2025 for AED 1,600,000 (AED 1,919 per sqft).
  • Rented since December 2019 on 3 Ejari contracts, from AED 76,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2025 price is 3.1%, before a service charge of about AED 14,200 a year (AED 16.99 per sqft).
  • One-beds in Marquise Square sold for AED 1,675,000–2,250,000 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 13 January 2025.

Questions about 1609, Marquise Square

What did unit 1609 last sell for?

AED 1,600,000 on 13 January 2025: AED 1,919 per sqft for 834 sqft. The unit has 2 registered sales; the first was AED 1,457,888 in February 2022.

What is the rent for unit 1609?

AED 50,000 a year on the contract signed on 9 January 2024. The previous contract, from December 2020, was AED 72,000; the unit has been rented since December 2019.

How big is unit 1609?

834 sqft (77.5 sqm): a one-bedroom apartment on the 16th floor of a 29-storey tower completed in 2019.

What is unit 1609 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marquise Square sold for AED 1,675,000 to 2,250,000 in the last 12 months, around AED 2,220 per sqft.

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Mortgage on 1609, Marquise Square

Starts from the last sale price (AED 1.6M, 13 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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