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

1613, Marquise Square

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

Unit 1613 · DLD and Ejari recordsUpdated 10 March 2022
Last soldAED 1.03M10 March 2022
Current rentAED 57K /yr20 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1613, Marquise Square

What is 1613 worth today?

Last sold for AED 1,033,888 in 2022

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10 Mar 2022SoldReady
AED 1,033,888AED 2,002 per sqft
20 Apr 2021RentedNew contract
AED 57,000/yr13 months · AED 110 per sqft
22 Dec 2020Sold by developerReady
AED 567,494AED 1,099 per sqft
13 Feb 2020RentedNew contract
AED 60,000/yr12 months · AED 116 per sqft

Source: Dubai Land Department. Updated 10 March 2022.

Key facts

Type
Studio apartment
Size
516 sqft
Floor
16th of 29
Parking
B3-23
Developer
SRG
Completed
2019
Service charge
AED 8,800 /yr
Last sold
AED 1.03M · March 2022

About 1613, Marquise Square

1613 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. It last sold on 10 March 2022 for AED 1,033,888, or AED 2,002 per sqft, 8% above the AED 1,848 studios in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 20 April 2021, is AED 57,000 a year: a gross yield of 5.5% on the 2022 price, before the service charge of about AED 8,800 a year.

Sales and rents for 1613 over time

Sales
Unit 1613, each saleTypical studio in Marquise Square
500K1M2016201920222025Typical 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, December 2020: AED 567,494 (AED 1,099 per sqft)Sold, March 2022: AED 1,033,888 (AED 2,002 per sqft)

1613 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1613, 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 2020: AED 60,000 a yearNew contract, April 2021: AED 57,000 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 1613 sits

All 239 studios →

1613 last sold in March 2022 at AED 2,002 per sqft, 8% above what studios in Marquise Square were fetching at the time (AED 1,848). 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. 1613's AED 57,000 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
1604StudioAED 975K · Mar 2022
1605StudioAED 1.05M · Nov 2021
1606StudioAED 1.27M · Jan 2026
1607StudioAED 1.05M · Jun 2018
1–7 of 16

1613, Marquise Square in numbers

  • Sold twice: first on 22 December 2020 for AED 567,494, last on 10 March 2022 for AED 1,033,888 (AED 2,002 per sqft).
  • Rented since February 2020 on 2 Ejari contracts, from AED 60,000 to AED 57,000 a year.
  • At AED 57,000 a year the gross yield on the 2022 price is 5.5%, 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 10 March 2022.

Questions about 1613, Marquise Square

What did unit 1613 last sell for?

AED 1,033,888 on 10 March 2022: AED 2,002 per sqft for 516 sqft. The unit has 2 registered sales; the first was AED 567,494 in December 2020.

What is the rent for unit 1613?

AED 57,000 a year on the contract signed on 20 April 2021. The previous contract, from February 2020, was AED 60,000.

How big is unit 1613?

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

What is unit 1613 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 1613, Marquise Square

Starts from the last sale price (AED 1.03M, 10 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,033,888
Deposit, UAE resident (20%)
AED 206,778
Deposit, non-resident (40%)
AED 413,555
Monthly over 25 years at 3.7%
AED 4,230

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