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2-bed · 1,311 sqftMarquise Square, Business Bay · 25th floor · completed 2019

2508, Marquise Square

Sold prices and rental history: sold once, by the developer in January 2022, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2508 · DLD and Ejari recordsUpdated 1 April 2022
Last soldAED 2.37M31 January 2022
Current rentAED 100K /yr1 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2508, Marquise Square

What is 2508 worth today?

Last sold for AED 2,372,739 in 2022

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1 Apr 2022RentedNew contract
AED 100,000/yr6 months · AED 76 per sqft
31 Jan 2022Sold by developerReady
AED 2,372,739AED 1,809 per sqft
2 Feb 2021RentedNew contract
AED 100,000/yr14 months · AED 76 per sqft
14 Sep 2020RentedNew contract
AED 100,000/yr14 months · AED 76 per sqft

Source: Dubai Land Department. Updated 1 April 2022.

Key facts

Type
2-bed apartment
Size
1,311 sqft
Floor
25th of 29
Parking
B1-199
Developer
SRG
Completed
2019
Service charge
AED 22,300 /yr
Last sold
AED 2.37M · January 2022
Building
Marquise Square

About 2508, Marquise Square

2508 is a two-bedroom apartment of 1,311 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 31 January 2022 for AED 2,372,739, or AED 1,809 per sqft, in line with the AED 1,822 two-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 1 April 2022, is AED 100,000 a year: a gross yield of 4.2% on the 2022 price, before the service charge of about AED 22,300 a year.

Sales and rents for 2508 over time

Sales
Unit 2508, 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, January 2022: AED 2,372,739 (AED 1,809 per sqft)

2508 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2508, 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, September 2020: AED 100,000 a yearNew contract, February 2021: AED 100,000 a yearNew contract, April 2022: 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 2508 sits

All 78 2-beds →

2508 last sold in January 2022 at AED 1,809 per sqft, in line with what two-beds in Marquise Square were fetching at the time (AED 1,822). 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. 2508'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
25062-bedAED 2.61M · Oct 2016
25072-bedAED 3M · Jun 2024

2508, Marquise Square in numbers

  • Sold once: by SRG on 31 January 2022 for AED 2,372,739, or AED 1,809 per sqft.
  • Rented since September 2020 on 3 Ejari contracts, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2022 price is 4.2%, before a service charge of about AED 22,300 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 1 April 2022.

Questions about 2508, Marquise Square

What did unit 2508 last sell for?

AED 2,372,739 on 31 January 2022, sold by the developer: AED 1,809 per sqft for 1,311 sqft. It is the only registered sale of the unit.

What is the rent for unit 2508?

AED 100,000 a year on the contract signed on 1 April 2022. The previous contract, from February 2021, was AED 100,000; the unit has been rented since September 2020.

How big is unit 2508?

1,311 sqft (121.8 sqm): a two-bedroom apartment on the 25th floor of a 29-storey tower completed in 2019.

What is unit 2508 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 2508, Marquise Square

Starts from the last sale price (AED 2.37M, 31 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,372,739
Deposit, UAE resident (20%)
AED 474,548
Deposit, non-resident (40%)
AED 949,096
Monthly over 25 years at 3.7%
AED 9,708

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