Studio · 486 sqftMarquise Square, Business Bay · 23rd floor · completed 2019

2303, Marquise Square

Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2303 · DLD and Ejari recordsUpdated 14 September 2024
Last soldAED 975K7 June 2024
Current rentAED 64K /yr14 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2303, Marquise Square

What is 2303 worth today?

Last sold for AED 975,000 in 2024

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14 Sep 2024RentedNew contract
AED 64,098/yr3 months · AED 132 per sqft
7 Jun 2024SoldReady
AED 975,000AED 2,007 per sqft
14 Sep 2023RentedRenewal
AED 65,000/yr12 months · AED 134 per sqft
14 Sep 2022RentedNew contract
AED 62,000/yr12 months · AED 128 per sqft
16 Jun 2022RentedNew contract
AED 55,000/yr12 months · AED 113 per sqft
14 Dec 2021Sold by developerReady
AED 936,888AED 1,928 per sqft
16 May 2021RentedNew contract
AED 50,000/yr13 months · AED 103 per sqft

Source: Dubai Land Department. Updated 14 September 2024.

Key facts

Type
Studio apartment
Size
486 sqft
Floor
23rd of 29
Parking
B1-153
Developer
SRG
Completed
2019
Service charge
AED 8,300 /yr
Last sold
AED 975K · June 2024

About 2303, Marquise Square

2303 is a studio of 486 sqft on the 23rd floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. It last sold on 7 June 2024 for AED 975,000, or AED 2,007 per sqft, 4% above the AED 1,936 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 14 September 2024, is AED 64,098 a year: a gross yield of 6.6% on the 2024 price, before the service charge of about AED 8,300 a year.

Sales and rents for 2303 over time

Sales
Unit 2303, 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, December 2021: AED 936,888 (AED 1,928 per sqft)Sold, June 2024: AED 975,000 (AED 2,007 per sqft)

2303 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2303, 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, May 2021: AED 50,000 a yearNew contract, June 2022: AED 55,000 a yearNew contract, September 2022: AED 62,000 a yearRenewal, September 2023: AED 65,000 a yearNew contract, September 2024: AED 64,098 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 2303 sits

All 239 studios →

2303 last sold in June 2024 at AED 2,007 per sqft, 4% above what studios in Marquise Square were fetching at the time (AED 1,936). 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. 2303's AED 64,098 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 23rd floor

All 413 units in Marquise Square
Value
23012-bedAED 2.97M · Jul 2022
2302StudioAED 876K · Jan 2022
2304StudioAED 1.08M · Oct 2024
2305StudioAED 1.17M · Dec 2021
2306StudioAED 1.22M · Apr 2022
2307StudioAED 1.23M · Jul 2025
2308StudioAED 1.15M · May 2024
1–7 of 16

2303, Marquise Square in numbers

  • Sold twice: first on 14 December 2021 for AED 936,888, last on 7 June 2024 for AED 975,000 (AED 2,007 per sqft).
  • Rented since May 2021 on 5 Ejari contracts, from AED 50,000 to AED 64,098 a year.
  • At AED 64,098 a year the gross yield on the 2024 price is 6.6%, 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 14 September 2024.

Questions about 2303, Marquise Square

What did unit 2303 last sell for?

AED 975,000 on 7 June 2024: AED 2,007 per sqft for 486 sqft. The unit has 2 registered sales; the first was AED 936,888 in December 2021.

What is the rent for unit 2303?

AED 64,098 a year on the contract signed on 14 September 2024. The previous contract, from September 2023, was AED 65,000; the unit has been rented since May 2021.

How big is unit 2303?

486 sqft (45.2 sqm): a studio on the 23rd floor of a 29-storey tower completed in 2019.

What is unit 2303 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 2303, Marquise Square

Starts from the last sale price (AED 975K, 7 June 2024). 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 →