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1-bed · 726 sqftMarquise Square, Business Bay · 22nd floor · completed 2019

2217, Marquise Square

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

Unit 2217 · DLD and Ejari recordsUpdated 28 January 2023
Last soldAED 1.35M24 January 2022
Current rentAED 82K /yr28 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2217, Marquise Square

What is 2217 worth today?

Last sold for AED 1,350,888 in 2022

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28 Jan 2023RentedNew contract
AED 81,736/yr10 months · AED 113 per sqft
28 Jan 2022RentedNew contract
AED 75,000/yr12 months · AED 103 per sqft
24 Jan 2022Sold by developerReady
AED 1,350,888AED 1,861 per sqft
28 Jul 2021RentedNew contract
AED 73,000/yr6 months · AED 101 per sqft
28 Jun 2020RentedNew contract
AED 75,000/yr13 months · AED 103 per sqft

Source: Dubai Land Department. Updated 28 January 2023.

Key facts

Type
1-bed apartment
Size
726 sqft
Floor
22nd of 29
Parking
B2-164
Developer
SRG
Completed
2019
Service charge
AED 12,300 /yr
Last sold
AED 1.35M · January 2022
Building
Marquise Square

About 2217, Marquise Square

2217 is a one-bedroom apartment of 726 sqft on the 22nd floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. The developer sold it on 24 January 2022 for AED 1,350,888, or AED 1,861 per sqft, 5% above the AED 1,770 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 28 January 2023, is AED 81,736 a year: a gross yield of 6.0% on the 2022 price, before the service charge of about AED 12,300 a year.

Sales and rents for 2217 over time

Sales
Unit 2217, each saleTypical one-bed in Marquise Square
1M1.5M2016201920222025Typical 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, January 2022: AED 1,350,888 (AED 1,861 per sqft)

2217 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2217, 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, June 2020: AED 75,000 a yearNew contract, July 2021: AED 73,000 a yearNew contract, January 2022: AED 75,000 a yearNew contract, January 2023: AED 81,736 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 2217 sits

All 78 1-beds →

2217 last sold in January 2022 at AED 1,861 per sqft, 5% above what one-beds in Marquise Square were fetching at the time (AED 1,770). 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. 2217's AED 81,736 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

2217, Marquise Square in numbers

  • Sold once: by SRG on 24 January 2022 for AED 1,350,888, or AED 1,861 per sqft.
  • Rented since June 2020 on 4 Ejari contracts, from AED 75,000 to AED 81,736 a year.
  • At AED 81,736 a year the gross yield on the 2022 price is 6.0%, before a service charge of about AED 12,300 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 28 January 2023.

Questions about 2217, Marquise Square

What did unit 2217 last sell for?

AED 1,350,888 on 24 January 2022, sold by the developer: AED 1,861 per sqft for 726 sqft. It is the only registered sale of the unit.

What is the rent for unit 2217?

AED 81,736 a year on the contract signed on 28 January 2023. The previous contract, from January 2022, was AED 75,000; the unit has been rented since June 2020.

How big is unit 2217?

726 sqft (67.4 sqm): a one-bedroom apartment on the 22nd floor of a 29-storey tower completed in 2019.

What is unit 2217 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 2217, Marquise Square

Starts from the last sale price (AED 1.35M, 24 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,888
Deposit, UAE resident (20%)
AED 270,178
Deposit, non-resident (40%)
AED 540,355
Monthly over 25 years at 3.7%
AED 5,527

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