Studio · 587 sqftMarquise Square, Business Bay · 20th floor · completed 2019

2016, Marquise Square

Sold prices and rental history: sold 3 times, last in April 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2016 · DLD and Ejari recordsUpdated 15 April 2025
Last soldAED 1.2M15 April 2025
Current rentAED 90K /yr6 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2016, Marquise Square

What is 2016 worth today?

Last sold for AED 1,200,000 in 2025

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15 Apr 2025SoldReady
AED 1,200,000AED 2,043 per sqft
6 Dec 2024RentedNew contract
AED 90,000/yr12 months · AED 153 per sqft
15 Mar 2024SoldReady
AED 1,280,000AED 2,179 per sqft
10 Mar 2022RentedNew contract
AED 48,000/yr12 months · AED 81 per sqft
10 Feb 2021RentedNew contract
AED 44,000/yr13 months · AED 74 per sqft
22 Sep 2019RentedNew contract
AED 55,000/yr12 months · AED 93 per sqft
2 Aug 2017Sold by developerOff-plan
AED 1,046,630AED 1,782 per sqft

Source: Dubai Land Department. Updated 15 April 2025.

Key facts

Type
Studio apartment
Size
587 sqft
Floor
20th of 29
Parking
B2-60
Developer
SRG
Completed
2019
Service charge
AED 10,000 /yr
Last sold
AED 1.2M · April 2025

About 2016, Marquise Square

2016 is a studio of 587 sqft on the 20th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. It last sold on 15 April 2025 for AED 1,200,000, or AED 2,043 per sqft, in line with the AED 2,081 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 6 December 2024, is AED 90,000 a year: a gross yield of 7.5% on the 2025 price, before the service charge of about AED 10,000 a year.

Sales and rents for 2016 over time

Sales
Unit 2016, 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, August 2017: AED 1,046,630 (AED 1,782 per sqft)Sold, March 2024: AED 1,280,000 (AED 2,179 per sqft)Sold, April 2025: AED 1,200,000 (AED 2,043 per sqft)

2016 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 2016, each contractTypical studio in Marquise Square
50K75K20192021202320252027Typical 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, September 2019: AED 55,000 a yearNew contract, February 2021: AED 44,000 a yearNew contract, March 2022: AED 48,000 a yearNew contract, December 2024: AED 90,000 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 2016 sits

All 239 studios →

2016 last sold in April 2025 at AED 2,043 per sqft, in line with what studios in Marquise Square were fetching at the time (AED 2,081). 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. 2016's AED 90,000 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 20th floor

All 413 units in Marquise Square
Value
20012-bedAED 2.79M · Apr 2022
2002StudioAED 1.16M · Mar 2026
2003StudioAED 1M · Jul 2024
2004StudioAED 1.15M · Feb 2025
2005StudioAED 1.14M · Aug 2022
2006StudioAED 1.19M · May 2022
2007StudioAED 1.06M · Jan 2019
1–7 of 16

2016, Marquise Square in numbers

  • Sold 3 times: first on 2 August 2017 for AED 1,046,630, last on 15 April 2025 for AED 1,200,000 (AED 2,043 per sqft).
  • Rented since September 2019 on 4 Ejari contracts. The rent fell from AED 55,000 to AED 44,000 in 2021 and recovered to AED 90,000 by December 2024.
  • At AED 90,000 a year the gross yield on the 2025 price is 7.5%, before a service charge of about AED 10,000 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 15 April 2025.

Questions about 2016, Marquise Square

What did unit 2016 last sell for?

AED 1,200,000 on 15 April 2025: AED 2,043 per sqft for 587 sqft. The unit has 3 registered sales; the first was AED 1,046,630 in August 2017.

What is the rent for unit 2016?

AED 90,000 a year on the contract signed on 6 December 2024. The previous contract, from March 2022, was AED 48,000; the unit has been rented since September 2019.

How big is unit 2016?

587 sqft (54.5 sqm): a studio on the 20th floor of a 29-storey tower completed in 2019.

What is unit 2016 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 2016, Marquise Square

Starts from the last sale price (AED 1.2M, 15 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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