Studio · 486 sqftMarquise Square, Business Bay · 18th floor · completed 2019

1802, Marquise Square

Sold prices and rental history: sold twice, last in October 2023, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1802 · DLD and Ejari recordsUpdated 5 October 2023
Last soldAED 900K5 October 2023
Current rentAED 45K /yr1 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1802, Marquise Square

What is 1802 worth today?

Last sold for AED 900,000 in 2023

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5 Oct 2023SoldReady
AED 900,000AED 1,852 per sqft
1 Dec 2021RentedRenewal
AED 45,000/yr12 months · AED 93 per sqft
1 Dec 2020RentedRenewal
AED 43,000/yr12 months · AED 89 per sqft
1 Dec 2019RentedNew contract
AED 50,000/yr12 months · AED 103 per sqft
19 Mar 2018Sold by developerOff-plan
AED 991,287AED 2,040 per sqft

Source: Dubai Land Department. Updated 5 October 2023.

Key facts

Type
Studio apartment
Size
486 sqft
Floor
18th of 29
Parking
B3-68
Developer
SRG
Completed
2019
Service charge
AED 8,300 /yr
Last sold
AED 900K · October 2023

About 1802, Marquise Square

1802 is a studio of 486 sqft on the 18th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. It last sold on 5 October 2023 for AED 900,000, or AED 1,852 per sqft, 12% above the AED 1,654 studios in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 1 December 2021, is AED 45,000 a year: a gross yield of 5.0% on the 2023 price, before the service charge of about AED 8,300 a year.

Sales and rents for 1802 over time

Sales
Unit 1802, 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, March 2018: AED 991,287 (AED 2,040 per sqft)Sold, October 2023: AED 900,000 (AED 1,852 per sqft)

1802 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1802, each contractTypical studio in Marquise Square
40K60K80K20192021202320252027Typical 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, December 2019: AED 50,000 a yearRenewal, December 2020: AED 43,000 a yearRenewal, December 2021: AED 45,000 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 1802 sits

All 239 studios →

1802 last sold in October 2023 at AED 1,852 per sqft, 12% above what studios in Marquise Square were fetching at the time (AED 1,654). 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. 1802's AED 45,000 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 18th floor

All 413 units in Marquise Square
Value
18012-bedAED 2.84M · Jul 2022
1803StudioAED 800K · Jan 2025
1804StudioAED 765K · Jan 2022
1805StudioAED 1.2M · Jan 2026
1806StudioAED 80K · Nov 2024
1807StudioAED 1.03M · Apr 2018
1808StudioAED 1.06M · Apr 2018
1–7 of 15

1802, Marquise Square in numbers

  • Sold twice: first on 19 March 2018 for AED 991,287, last on 5 October 2023 for AED 900,000 (AED 1,852 per sqft).
  • Rented since December 2019 on 3 Ejari contracts, from AED 50,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2023 price is 5.0%, before a service charge of about AED 8,300 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 October 2023.

Questions about 1802, Marquise Square

What did unit 1802 last sell for?

AED 900,000 on 5 October 2023: AED 1,852 per sqft for 486 sqft. The unit has 2 registered sales; the first was AED 991,287 in March 2018.

What is the rent for unit 1802?

AED 45,000 a year on the contract renewed on 1 December 2021. The previous contract, from December 2020, was AED 43,000; the unit has been rented since December 2019.

How big is unit 1802?

486 sqft (45.2 sqm): a studio on the 18th floor of a 29-storey tower completed in 2019.

What is unit 1802 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 1802, Marquise Square

Starts from the last sale price (AED 900K, 5 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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