Studio · 660 sqftMarquise Square, Business Bay · 17th floor · completed 2019

1706, Marquise Square

Sold prices and rental history: sold once, by the developer in May 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1706 · DLD and Ejari recordsUpdated 11 April 2023
Last soldAED 979K10 May 2017
Current rentAED 80K /yr11 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1706, Marquise Square

What is 1706 worth today?

Last sold for AED 979,182 in 2017

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11 Apr 2023RentedNew contract
AED 80,000/yr12 months · AED 122 per sqft
15 Mar 2022RentedNew contract
AED 67,000/yr12 months · AED 102 per sqft
14 Sep 2021RentedRenewal
AED 53,000/yr12 months · AED 81 per sqft
14 Aug 2020RentedRenewal
AED 53,000/yr13 months · AED 81 per sqft
14 Aug 2019RentedNew contract
AED 55,000/yr12 months · AED 84 per sqft
10 May 2017Sold by developerOff-plan
AED 979,182AED 1,484 per sqft

Source: Dubai Land Department. Updated 11 April 2023.

Key facts

Type
Studio apartment
Size
660 sqft
Floor
17th of 29
Parking
B2-37
Developer
SRG
Completed
2019
Service charge
AED 11,200 /yr
Last sold
AED 979K · May 2017

About 1706, Marquise Square

1706 is a studio of 660 sqft on the 17th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. The developer sold it on 10 May 2017 for AED 979,182, or AED 1,484 per sqft, 16% below the AED 1,767 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 11 April 2023, is AED 80,000 a year: a gross yield of 8.2% on the 2017 price, before the service charge of about AED 11,200 a year.

Sales and rents for 1706 over time

Sales
Unit 1706, 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, May 2017: AED 979,182 (AED 1,484 per sqft)

1706 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1706, 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 2019: AED 55,000 a yearRenewal, August 2020: AED 53,000 a yearRenewal, September 2021: AED 53,000 a yearNew contract, March 2022: AED 67,000 a yearNew contract, April 2023: 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 1706 sits

All 239 studios →

1706 last sold in May 2017 at AED 1,484 per sqft, 16% below what studios in Marquise Square were fetching at the time (AED 1,767). 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. 1706'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 17th floor

All 413 units in Marquise Square
Value
17012-bedAED 2.76M · Jun 2022
1702StudioAED 944K · Sep 2016
1703StudioAED 1.1M · Aug 2025
1704StudioAED 1.11M · Aug 2025
1705StudioAED 1.16M · Jan 2026
1707StudioAED 800K · Nov 2023
17091-bedAED 1.37M · Nov 2017
1–7 of 15

1706, Marquise Square in numbers

  • Sold once: by SRG on 10 May 2017 for AED 979,182, or AED 1,484 per sqft.
  • Rented since August 2019 on 5 Ejari contracts, from AED 55,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2017 price is 8.2%, before a service charge of about AED 11,200 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 11 April 2023.

Questions about 1706, Marquise Square

What did unit 1706 last sell for?

AED 979,182 on 10 May 2017, sold by the developer: AED 1,484 per sqft for 660 sqft. It is the only registered sale of the unit.

What is the rent for unit 1706?

AED 80,000 a year on the contract signed on 11 April 2023. The previous contract, from March 2022, was AED 67,000; the unit has been rented since August 2019.

How big is unit 1706?

660 sqft (61.3 sqm): a studio on the 17th floor of a 29-storey tower completed in 2019.

What is unit 1706 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 1706, Marquise Square

Starts from the last sale price (AED 979K, 10 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 979,182
Deposit, UAE resident (20%)
AED 195,836
Deposit, non-resident (40%)
AED 391,673
Monthly over 25 years at 3.7%
AED 4,006

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