1-bed · 931 sqftMarquise Square, Business Bay · 22nd floor · completed 2019

2211, Marquise Square

Sold prices and rental history: sold twice, last in January 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2211 · DLD and Ejari recordsUpdated 21 July 2022
Last soldAED 1.86M26 January 2022
Current rentAED 80K /yr21 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2211, Marquise Square

What is 2211 worth today?

Last sold for AED 1,863,888 in 2022

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21 Jul 2022RentedRenewal
AED 80,000/yr6 months · AED 86 per sqft
26 Jan 2022SoldReady
AED 1,863,888AED 2,003 per sqft
21 May 2021RentedNew contract
AED 80,000/yr14 months · AED 86 per sqft
22 Dec 2020Sold by developerReady
AED 1,083,580AED 1,164 per sqft
20 Oct 2020RentedNew contract
AED 80,000/yr14 months · AED 86 per sqft
29 Sep 2019RentedNew contract
AED 85,000/yr12 months · AED 91 per sqft

Source: Dubai Land Department. Updated 21 July 2022.

Key facts

Type
1-bed apartment
Size
931 sqft
Floor
22nd of 29
Parking
B2-136
Developer
SRG
Completed
2019
Service charge
AED 15,800 /yr
Last sold
AED 1.86M · January 2022

About 2211, Marquise Square

2211 is a one-bedroom apartment of 931 sqft on the 22nd floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. It last sold on 26 January 2022 for AED 1,863,888, or AED 2,003 per sqft, 12% above the AED 1,781 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 21 July 2022, is AED 80,000 a year: a gross yield of 4.3% on the 2022 price, before the service charge of about AED 15,800 a year.

Sales and rents for 2211 over time

Sales
Unit 2211, each saleTypical one-bed in Marquise Square
1M1.5M2M2016201920222025Typical sale price by year: 2016 AED 1,443,698; 2017 AED 1,420,759; 2018 AED 1,573,158; 2020 AED 1,084,743; 2021 AED 1,286,388; 2022 AED 1,441,888; 2023 AED 1,423,746; 2024 AED 1,600,000; 2025 AED 1,640,000Sold by developer, December 2020: AED 1,083,580 (AED 1,164 per sqft)Sold, January 2022: AED 1,863,888 (AED 2,003 per sqft)

2211 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2211, each contractTypical one-bed in Marquise Square
80K100K20192021202320252027Typical rent by year: 2019 AED 75,000; 2020 AED 72,000; 2021 AED 70,000; 2022 AED 75,000; 2023 AED 82,000; 2024 AED 95,867; 2025 AED 110,000; 2026 AED 106,000New contract, September 2019: AED 85,000 a yearNew contract, October 2020: AED 80,000 a yearNew contract, May 2021: AED 80,000 a yearRenewal, July 2022: AED 80,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Marquise Square, and where 2211 sits

All 78 1-beds →

2211 last sold in January 2022 at AED 2,003 per sqft, 12% above what one-beds in Marquise Square were fetching at the time (AED 1,781). Over the last 12 months one-beds sold for AED 1,675,000 to 2,250,000, around AED 2,220 per sqft, and rent for AED 77,000 to 145,000 a year. 2211's AED 80,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Aug 20266,350
28 Jul 20262,250,000
6 Mar 20261,675,000
29 Dec 202532,702
4 1-bed 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
2203StudioAED 975K · Apr 2023
2204StudioAED 991K · Feb 2022
2205StudioAED 1.17M · Aug 2022
2206StudioAED 1.19M · Nov 2021
2207StudioAED 1.05M · Jul 2017
1–7 of 16

2211, Marquise Square in numbers

  • Sold twice: first on 22 December 2020 for AED 1,083,580, last on 26 January 2022 for AED 1,863,888 (AED 2,003 per sqft).
  • Rented since September 2019 on 4 Ejari contracts, from AED 85,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2022 price is 4.3%, before a service charge of about AED 15,800 a year (AED 16.99 per sqft).
  • One-beds in Marquise Square sold for AED 1,675,000–2,250,000 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 21 July 2022.

Questions about 2211, Marquise Square

What did unit 2211 last sell for?

AED 1,863,888 on 26 January 2022: AED 2,003 per sqft for 931 sqft. The unit has 2 registered sales; the first was AED 1,083,580 in December 2020.

What is the rent for unit 2211?

AED 80,000 a year on the contract renewed on 21 July 2022. The previous contract, from May 2021, was AED 80,000; the unit has been rented since September 2019.

How big is unit 2211?

931 sqft (86.5 sqm): a one-bedroom apartment on the 22nd floor of a 29-storey tower completed in 2019.

What is unit 2211 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marquise Square sold for AED 1,675,000 to 2,250,000 in the last 12 months, around AED 2,220 per sqft.

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Mortgage on 2211, Marquise Square

Starts from the last sale price (AED 1.86M, 26 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,863,888
Deposit, UAE resident (20%)
AED 372,778
Deposit, non-resident (40%)
AED 745,555
Monthly over 25 years at 3.7%
AED 7,626

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