2-bed · 1,327 sqftMarquise Square, Business Bay · 25th floor · completed 2019

2503, Marquise Square

Sold prices and rental history: sold once, by the developer in August 2022, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2503 · DLD and Ejari recordsUpdated 3 August 2022
Last soldAED 2.38M3 August 2022
Current rentAED 105K /yr22 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2503, Marquise Square

What is 2503 worth today?

Last sold for AED 2,376,888 in 2022

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3 Aug 2022Sold by developerReady
AED 2,376,888AED 1,791 per sqft
22 Jan 2022RentedNew contract
AED 105,000/yr12 months · AED 79 per sqft
14 Jan 2021RentedNew contract
AED 95,000/yr14 months · AED 72 per sqft

Source: Dubai Land Department. Updated 3 August 2022.

Key facts

Type
2-bed apartment
Size
1,327 sqft
Floor
25th of 29
Parking
B1-49
Developer
SRG
Completed
2019
Service charge
AED 22,500 /yr
Last sold
AED 2.38M · August 2022

About 2503, Marquise Square

2503 is a two-bedroom apartment of 1,327 sqft on the 25th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. The developer sold it on 3 August 2022 for AED 2,376,888, or AED 1,791 per sqft, in line with the AED 1,804 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 22 January 2022, is AED 105,000 a year: a gross yield of 4.4% on the 2022 price, before the service charge of about AED 22,500 a year.

Sales and rents for 2503 over time

Sales
Unit 2503, each saleTypical two-bed in Marquise Square
2.5M3M3.5M2016201920222025Typical sale price by year: 2016 AED 2,557,016; 2020 AED 2,600,188; 2021 AED 2,517,444; 2022 AED 2,704,691; 2023 AED 2,900,000; 2024 AED 2,880,000; 2025 AED 3,400,000; 2026 AED 2,800,000Sold by developer, August 2022: AED 2,376,888 (AED 1,791 per sqft)

2503 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2503, each contractTypical two-bed in Marquise Square
100K150K20192021202320252027Typical rent by year: 2019 AED 120,000; 2020 AED 105,000; 2021 AED 102,750; 2022 AED 107,000; 2023 AED 125,000; 2024 AED 150,000; 2025 AED 155,000; 2026 AED 151,890New contract, January 2021: AED 95,000 a yearNew contract, January 2022: AED 105,000 a year

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

2-beds in Marquise Square, and where 2503 sits

All 78 2-beds →

2503 last sold in August 2022 at AED 1,791 per sqft, in line with what two-beds in Marquise Square were fetching at the time (AED 1,804). Over the last 12 months two-beds sold for AED 2,460,000 to 4,088,924, around AED 2,246 per sqft, and rent for AED 100,000 to 205,000 a year. 2503's AED 105,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Jul 20262,620,000
15 Apr 20264,088,924
14 Apr 20263,522,415
2 Apr 20262,460,000
5 2-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 25th floor

All 413 units in Marquise Square
Value
25013-bedAED 3.72M · Jun 2022
25022-bedAED 2.57M · May 2022
25043-bedAED 3.05M · Jun 2023
25053-bedAED 5M · Jun 2023
25062-bedAED 2.61M · Oct 2016
25072-bedAED 3M · Jun 2024
25082-bedAED 2.37M · Jan 2022

2503, Marquise Square in numbers

  • Sold once: by SRG on 3 August 2022 for AED 2,376,888, or AED 1,791 per sqft.
  • Rented since January 2021 on 2 Ejari contracts, from AED 95,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2022 price is 4.4%, before a service charge of about AED 22,500 a year (AED 16.99 per sqft).
  • Two-beds in Marquise Square sold for AED 2,460,000–4,088,924 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 3 August 2022.

Questions about 2503, Marquise Square

What did unit 2503 last sell for?

AED 2,376,888 on 3 August 2022, sold by the developer: AED 1,791 per sqft for 1,327 sqft. It is the only registered sale of the unit.

What is the rent for unit 2503?

AED 105,000 a year on the contract signed on 22 January 2022. The previous contract, from January 2021, was AED 95,000.

How big is unit 2503?

1,327 sqft (123.3 sqm): a two-bedroom apartment on the 25th floor of a 29-storey tower completed in 2019.

What is unit 2503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marquise Square sold for AED 2,460,000 to 4,088,924 in the last 12 months, around AED 2,246 per sqft.

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Mortgage on 2503, Marquise Square

Starts from the last sale price (AED 2.38M, 3 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,376,888
Deposit, UAE resident (20%)
AED 475,378
Deposit, non-resident (40%)
AED 950,755
Monthly over 25 years at 3.7%
AED 9,725

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