2-bed · 1,344 sqftMarquise Square, Business Bay · 25th floor · completed 2019

2507, Marquise Square

Sold prices and rental history: sold 3 times, last in June 2024, and rented once, from November 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2507 · DLD and Ejari recordsUpdated 27 June 2024
Last soldAED 3M27 June 2024
Current rentAED 90K /yr10 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2507, Marquise Square

What is 2507 worth today?

Last sold for AED 3,000,000 in 2024

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27 Jun 2024SoldReady
AED 3,000,000AED 2,231 per sqft
13 Sep 2022SoldReady
AED 2,700,000AED 2,008 per sqft
10 Nov 2020RentedNew contract
AED 90,000/yr12 months · AED 67 per sqft
19 Feb 2020Sold by developerReady
AED 2,563,616AED 1,907 per sqft

Source: Dubai Land Department. Updated 27 June 2024.

Key facts

Type
2-bed apartment
Size
1,344 sqft
Floor
25th of 29
Parking
B1-43
Developer
SRG
Completed
2019
Service charge
AED 22,800 /yr
Last sold
AED 3M · June 2024

About 2507, Marquise Square

2507 is a two-bedroom apartment of 1,344 sqft on the 25th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. It last sold on 27 June 2024 for AED 3,000,000, or AED 2,231 per sqft, 7% above the AED 2,094 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 November 2020. The current contract, signed on 10 November 2020, is AED 90,000 a year: a gross yield of 3.0% on the 2024 price, before the service charge of about AED 22,800 a year.

Sales and rents for 2507 over time

Sales
Unit 2507, 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, February 2020: AED 2,563,616 (AED 1,907 per sqft)Sold, September 2022: AED 2,700,000 (AED 2,008 per sqft)Sold, June 2024: AED 3,000,000 (AED 2,231 per sqft)

2507 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2507, 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, November 2020: AED 90,000 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 2507 sits

All 78 2-beds →

2507 last sold in June 2024 at AED 2,231 per sqft, 7% above what two-beds in Marquise Square were fetching at the time (AED 2,094). 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. 2507's AED 90,000 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
25062-bedAED 2.61M · Oct 2016
25082-bedAED 2.37M · Jan 2022

2507, Marquise Square in numbers

  • Sold 3 times: first on 19 February 2020 for AED 2,563,616, last on 27 June 2024 for AED 3,000,000 (AED 2,231 per sqft).
  • Rented since November 2020 on one Ejari contract, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2024 price is 3.0%, before a service charge of about AED 22,800 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 27 June 2024.

Questions about 2507, Marquise Square

What did unit 2507 last sell for?

AED 3,000,000 on 27 June 2024: AED 2,231 per sqft for 1,344 sqft. The unit has 3 registered sales; the first was AED 2,563,616 in February 2020.

What is the rent for unit 2507?

AED 90,000 a year on the contract signed on 10 November 2020.

How big is unit 2507?

1,344 sqft (124.9 sqm): a two-bedroom apartment on the 25th floor of a 29-storey tower completed in 2019.

What is unit 2507 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 2507, Marquise Square

Starts from the last sale price (AED 3M, 27 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

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