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Studio · 486 sqftMarquise Square, Business Bay · 22nd floor · completed 2019

2203, Marquise Square

Sold prices and rental history: sold 3 times, last in April 2023, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2203 · DLD and Ejari recordsUpdated 28 April 2023
Last soldAED 975K28 April 2023
Current rentAED 42K /yr23 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2203, Marquise Square

What is 2203 worth today?

Last sold for AED 975,000 in 2023

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28 Apr 2023SoldReady
AED 975,000AED 2,007 per sqft
12 Sep 2021SoldReady
AED 650,000AED 1,338 per sqft
23 Aug 2020RentedNew contract
AED 42,000/yr12 months · AED 87 per sqft
8 Aug 2019RentedNew contract
AED 55,000/yr12 months · AED 114 per sqft
25 Jan 2017Sold by developerOff-plan
AED 990,279AED 2,038 per sqft

Source: Dubai Land Department. Updated 28 April 2023.

Key facts

Type
Studio apartment
Size
486 sqft
Floor
22nd of 29
Parking
B3-75
Developer
SRG
Completed
2019
Service charge
AED 8,300 /yr
Last sold
AED 975K · April 2023
Building
Marquise Square

About 2203, Marquise Square

2203 is a studio of 486 sqft on the 22nd floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. It last sold on 28 April 2023 for AED 975,000, or AED 2,007 per sqft, 11% above the AED 1,810 studios in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 23 August 2020, is AED 42,000 a year: a gross yield of 4.3% on the 2023 price, before the service charge of about AED 8,300 a year.

Sales and rents for 2203 over time

Sales
Unit 2203, 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, January 2017: AED 990,279 (AED 2,038 per sqft)Sold, September 2021: AED 650,000 (AED 1,338 per sqft)Sold, April 2023: AED 975,000 (AED 2,007 per sqft)

2203 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 2203, 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, August 2019: AED 55,000 a yearNew contract, August 2020: AED 42,000 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 2203 sits

All 239 studios →

2203 last sold in April 2023 at AED 2,007 per sqft, 11% above what studios in Marquise Square were fetching at the time (AED 1,810). 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. 2203's AED 42,000 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 22nd floor

All 413 units in Marquise Square
Value
22012-bedAED 2.83M · Jun 2022
2202StudioAED 876K · Jan 2022
2204StudioAED 991K · Feb 2022
2205StudioAED 1.17M · Aug 2022
2206StudioAED 1.19M · Nov 2021
2207StudioAED 1.05M · Jul 2017
2208StudioAED 1.09M · Mar 2022
1–7 of 16

2203, Marquise Square in numbers

  • Sold 3 times: first on 25 January 2017 for AED 990,279, last on 28 April 2023 for AED 975,000 (AED 2,007 per sqft).
  • Rented since August 2019 on 2 Ejari contracts, from AED 55,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2023 price is 4.3%, 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 28 April 2023.

Questions about 2203, Marquise Square

What did unit 2203 last sell for?

AED 975,000 on 28 April 2023: AED 2,007 per sqft for 486 sqft. The unit has 3 registered sales; the first was AED 990,279 in January 2017.

What is the rent for unit 2203?

AED 42,000 a year on the contract signed on 23 August 2020. The previous contract, from August 2019, was AED 55,000.

How big is unit 2203?

486 sqft (45.2 sqm): a studio on the 22nd floor of a 29-storey tower completed in 2019.

What is unit 2203 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 2203, Marquise Square

Starts from the last sale price (AED 975K, 28 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 975,000
Deposit, UAE resident (20%)
AED 195,000
Deposit, non-resident (40%)
AED 390,000
Monthly over 25 years at 3.7%
AED 3,989

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