2-bed · 1,447 sqftMarquise Square, Business Bay · 25th floor · completed 2019

2506, Marquise Square

Sold prices and rental history: sold once, by the developer in October 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2506 · DLD and Ejari recordsUpdated 4 February 2023
Last soldAED 2.61M25 October 2016
Current rentAED 100K /yr4 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2506, Marquise Square

What is 2506 worth today?

Last sold for AED 2,614,351 in 2016

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4 Feb 2023RentedRenewal
AED 100,000/yr12 months · AED 69 per sqft
4 Feb 2022RentedRenewal
AED 100,000/yr12 months · AED 69 per sqft
4 Feb 2021RentedRenewal
AED 100,000/yr12 months · AED 69 per sqft
4 Feb 2020RentedNew contract
AED 110,000/yr12 months · AED 76 per sqft
25 Oct 2016Sold by developerOff-plan
AED 2,614,351AED 1,806 per sqft

Source: Dubai Land Department. Updated 4 February 2023.

Key facts

Type
2-bed apartment
Size
1,447 sqft
Floor
25th of 29
Parking
B1-87
Developer
SRG
Completed
2019
Service charge
AED 24,600 /yr
Last sold
AED 2.61M · October 2016

About 2506, Marquise Square

2506 is a two-bedroom apartment of 1,447 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 25 October 2016 for AED 2,614,351, or AED 1,806 per sqft, 17% above the AED 1,544 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 4 February 2023, is AED 100,000 a year: a gross yield of 3.8% on the 2016 price, before the service charge of about AED 24,600 a year.

Sales and rents for 2506 over time

Sales
Unit 2506, 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, October 2016: AED 2,614,351 (AED 1,806 per sqft)

2506 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2506, each contractTypical two-bed in Marquise Square
100K125K150K20192021202320252027Typical 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, February 2020: AED 110,000 a yearRenewal, February 2021: AED 100,000 a yearRenewal, February 2022: AED 100,000 a yearRenewal, February 2023: AED 100,000 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 2506 sits

All 78 2-beds →

2506 last sold in October 2016 at AED 1,806 per sqft, 17% above what two-beds in Marquise Square were fetching at the time (AED 1,544). 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. 2506's AED 100,000 is at the bottom 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
25032-bedAED 2.38M · Aug 2022
25043-bedAED 3.05M · Jun 2023
25053-bedAED 5M · Jun 2023
25072-bedAED 3M · Jun 2024
25082-bedAED 2.37M · Jan 2022

2506, Marquise Square in numbers

  • Sold once: by SRG on 25 October 2016 for AED 2,614,351, or AED 1,806 per sqft.
  • Rented since February 2020 on 4 Ejari contracts, from AED 110,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2016 price is 3.8%, before a service charge of about AED 24,600 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 4 February 2023.

Questions about 2506, Marquise Square

What did unit 2506 last sell for?

AED 2,614,351 on 25 October 2016, sold by the developer: AED 1,806 per sqft for 1,447 sqft. It is the only registered sale of the unit.

What is the rent for unit 2506?

AED 100,000 a year on the contract renewed on 4 February 2023. The previous contract, from February 2022, was AED 100,000; the unit has been rented since February 2020.

How big is unit 2506?

1,447 sqft (134.4 sqm): a two-bedroom apartment on the 25th floor of a 29-storey tower completed in 2019.

What is unit 2506 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 2506, Marquise Square

Starts from the last sale price (AED 2.61M, 25 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,614,351
Deposit, UAE resident (20%)
AED 522,870
Deposit, non-resident (40%)
AED 1,045,740
Monthly over 25 years at 3.7%
AED 10,696

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