1-bed · 726 sqftMarquise Square, Business Bay · 23rd floor · completed 2019

2317, 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 2317 · DLD and Ejari recordsUpdated 11 October 2024
Last soldAED 1.29M27 January 2022
Current rentAED 115K /yr11 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2317, Marquise Square

What is 2317 worth today?

Last sold for AED 1,292,888 in 2022

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11 Oct 2024RentedRenewal
AED 115,000/yr12 months · AED 158 per sqft
11 Oct 2023RentedNew contract
AED 115,000/yr12 months · AED 158 per sqft
2 Oct 2022RentedNew contract
AED 100,000/yr12 months · AED 138 per sqft
29 Aug 2022RentedNew contract
AED 95,000/yr12 months · AED 131 per sqft
27 Jan 2022Sold by developerReady
AED 1,292,888AED 1,781 per sqft
9 Jul 2021RentedNew contract
AED 72,000/yr13 months · AED 99 per sqft
9 Jun 2020RentedNew contract
AED 75,000/yr13 months · AED 103 per sqft

Source: Dubai Land Department. Updated 11 October 2024.

Key facts

Type
1-bed apartment
Size
726 sqft
Floor
23rd of 29
Parking
B2-163
Developer
SRG
Completed
2019
Service charge
AED 12,300 /yr
Last sold
AED 1.29M · January 2022

About 2317, Marquise Square

2317 is a one-bedroom apartment of 726 sqft on the 23rd floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. The developer sold it on 27 January 2022 for AED 1,292,888, or AED 1,781 per sqft, in line with the AED 1,781 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 11 October 2024, is AED 115,000 a year: a gross yield of 8.9% on the 2022 price, before the service charge of about AED 12,300 a year.

Sales and rents for 2317 over time

Sales
Unit 2317, 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 1,292,888 (AED 1,781 per sqft)

2317 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2317, each contractTypical one-bed in Marquise Square
75K100K20192021202320252027Typical 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 72,000 a yearNew contract, August 2022: AED 95,000 a yearNew contract, October 2022: AED 100,000 a yearNew contract, October 2023: AED 115,000 a yearRenewal, October 2024: AED 115,000 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 2317 sits

All 78 1-beds →

2317 last sold in January 2022 at AED 1,781 per sqft, in line with 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. 2317's AED 115,000 is in the upper 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 23rd floor

All 413 units in Marquise Square
Value
23012-bedAED 2.97M · Jul 2022
2302StudioAED 876K · Jan 2022
2303StudioAED 975K · Jun 2024
2304StudioAED 1.08M · Oct 2024
2305StudioAED 1.17M · Dec 2021
2306StudioAED 1.22M · Apr 2022
2307StudioAED 1.23M · Jul 2025
1–7 of 16

2317, Marquise Square in numbers

  • Sold once: by SRG on 27 January 2022 for AED 1,292,888, or AED 1,781 per sqft.
  • Rented since June 2020 on 6 Ejari contracts, from AED 75,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2022 price is 8.9%, 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 11 October 2024.

Questions about 2317, Marquise Square

What did unit 2317 last sell for?

AED 1,292,888 on 27 January 2022, sold by the developer: AED 1,781 per sqft for 726 sqft. It is the only registered sale of the unit.

What is the rent for unit 2317?

AED 115,000 a year on the contract renewed on 11 October 2024. The previous contract, from October 2023, was AED 115,000; the unit has been rented since June 2020.

How big is unit 2317?

726 sqft (67.4 sqm): a one-bedroom apartment on the 23rd floor of a 29-storey tower completed in 2019.

What is unit 2317 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 2317, Marquise Square

Starts from the last sale price (AED 1.29M, 27 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,292,888
Deposit, UAE resident (20%)
AED 258,578
Deposit, non-resident (40%)
AED 517,155
Monthly over 25 years at 3.7%
AED 5,290

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