Studio · 485 sqftMarquise Square, Business Bay · 2nd floor · completed 2019

202, Marquise Square

Sold prices and rental history: sold once, by the developer in May 2022, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 18 October 2024
Last soldAED 895K9 May 2022
Current rentAED 75K /yr18 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, Marquise Square

What is 202 worth today?

Last sold for AED 894,888 in 2022

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18 Oct 2024RentedNew contract
AED 75,000/yr12 months · AED 155 per sqft
1 May 2023RentedRenewal
AED 50,000/yr12 months · AED 103 per sqft
9 May 2022Sold by developerReady
AED 894,888AED 1,845 per sqft
1 May 2022RentedNew contract
AED 50,000/yr12 months · AED 103 per sqft
31 Mar 2021RentedNew contract
AED 48,000/yr13 months · AED 99 per sqft
31 Mar 2020RentedNew contract
AED 48,000/yr12 months · AED 99 per sqft

Source: Dubai Land Department. Updated 18 October 2024.

Key facts

Type
Studio apartment
Size
485 sqft
Floor
2nd of 29
Parking
B3-79
Developer
SRG
Completed
2019
Service charge
AED 8,200 /yr
Last sold
AED 895K · May 2022

About 202, Marquise Square

202 is a studio of 485 sqft on the 2nd floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. The developer sold it on 9 May 2022 for AED 894,888, or AED 1,845 per sqft, in line with the AED 1,851 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 18 October 2024, is AED 75,000 a year: a gross yield of 8.4% on the 2022 price, before the service charge of about AED 8,200 a year.

Sales and rents for 202 over time

Sales
Unit 202, 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 2022: AED 894,888 (AED 1,845 per sqft)

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

Rents
Unit 202, 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, March 2020: AED 48,000 a yearNew contract, March 2021: AED 48,000 a yearNew contract, May 2022: AED 50,000 a yearRenewal, May 2023: AED 50,000 a yearNew contract, October 2024: AED 75,000 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 202 sits

All 239 studios →

202 last sold in May 2022 at AED 1,845 per sqft, in line with what studios in Marquise Square were fetching at the time (AED 1,851). 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. 202's AED 75,000 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 2nd floor

All 413 units in Marquise Square
Value
2012-bedAED 2.58M · Sep 2022
2031-bedAED 1.5M · Oct 2022
2042-bedAED 4.09M · Apr 2026

202, Marquise Square in numbers

  • Sold once: by SRG on 9 May 2022 for AED 894,888, or AED 1,845 per sqft.
  • Rented since March 2020 on 5 Ejari contracts, from AED 48,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2022 price is 8.4%, before a service charge of about AED 8,200 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 18 October 2024.

Questions about 202, Marquise Square

What did unit 202 last sell for?

AED 894,888 on 9 May 2022, sold by the developer: AED 1,845 per sqft for 485 sqft. It is the only registered sale of the unit.

What is the rent for unit 202?

AED 75,000 a year on the contract signed on 18 October 2024. The previous contract, from May 2023, was AED 50,000; the unit has been rented since March 2020.

How big is unit 202?

485 sqft (45.1 sqm): a studio on the 2nd floor of a 29-storey tower completed in 2019.

What is unit 202 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 202, Marquise Square

Starts from the last sale price (AED 895K, 9 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 894,888
Deposit, UAE resident (20%)
AED 178,978
Deposit, non-resident (40%)
AED 357,955
Monthly over 25 years at 3.7%
AED 3,661

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