2-bed · 1,327 sqftMarquise Square, Business Bay · 26th floor · completed 2019

2603, Marquise Square

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

Unit 2603 · DLD and Ejari recordsUpdated 7 November 2024
Last soldAED 2.45M7 November 2024
Current rentAED 115K /yr27 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2603, Marquise Square

What is 2603 worth today?

Last sold for AED 2,450,000 in 2024

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7 Nov 2024SoldReady
AED 2,450,000AED 1,846 per sqft
27 Jul 2023RentedRenewal
AED 115,000/yr12 months · AED 87 per sqft
23 Jun 2023SoldReady
AED 2,200,000AED 1,658 per sqft
17 Aug 2022Sold by developerReady
AED 2,379,888AED 1,793 per sqft
27 Jul 2022RentedNew contract
AED 100,000/yr12 months · AED 75 per sqft
27 May 2021RentedNew contract
AED 95,000/yr14 months · AED 72 per sqft
30 Nov 2020RentedNew contract
AED 95,000/yr14 months · AED 72 per sqft

Source: Dubai Land Department. Updated 7 November 2024.

Key facts

Type
2-bed apartment
Size
1,327 sqft
Floor
26th of 29
Parking
B1-48
Developer
SRG
Completed
2019
Service charge
AED 22,500 /yr
Last sold
AED 2.45M · November 2024

About 2603, Marquise Square

2603 is a two-bedroom apartment of 1,327 sqft on the 26th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. It last sold on 7 November 2024 for AED 2,450,000, or AED 1,846 per sqft, 10% below the AED 2,049 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 27 July 2023, is AED 115,000 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 22,500 a year.

Sales and rents for 2603 over time

Sales
Unit 2603, each saleTypical two-bed in Marquise Square
2M3M2016201920222025Typical 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 2,379,888 (AED 1,793 per sqft)Sold, June 2023: AED 2,200,000 (AED 1,658 per sqft)Sold, November 2024: AED 2,450,000 (AED 1,846 per sqft)

2603 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2603, 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 95,000 a yearNew contract, May 2021: AED 95,000 a yearNew contract, July 2022: AED 100,000 a yearRenewal, July 2023: AED 115,000 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 2603 sits

All 78 2-beds →

2603 last sold in November 2024 at AED 1,846 per sqft, 10% below what two-beds in Marquise Square were fetching at the time (AED 2,049). 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. 2603's AED 115,000 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 26th floor

All 413 units in Marquise Square
Value
26013-bedAED 3.7M · Jul 2024
26022-bedAED 2.32M · Apr 2022
26043-bedAED 4M · Aug 2025
26053-bedAED 4.2M · May 2024
26062-bedAED 2.86M · Jan 2024
26072-bedAED 1.08M · Oct 2024
26082-bedAED 2.47M · Jan 2022

2603, Marquise Square in numbers

  • Sold 3 times: first on 17 August 2022 for AED 2,379,888, last on 7 November 2024 for AED 2,450,000 (AED 1,846 per sqft).
  • Rented since November 2020 on 4 Ejari contracts, from AED 95,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2024 price is 4.7%, 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 7 November 2024.

Questions about 2603, Marquise Square

What did unit 2603 last sell for?

AED 2,450,000 on 7 November 2024: AED 1,846 per sqft for 1,327 sqft. The unit has 3 registered sales; the first was AED 2,379,888 in August 2022.

What is the rent for unit 2603?

AED 115,000 a year on the contract renewed on 27 July 2023. The previous contract, from July 2022, was AED 100,000; the unit has been rented since November 2020.

How big is unit 2603?

1,327 sqft (123.3 sqm): a two-bedroom apartment on the 26th floor of a 29-storey tower completed in 2019.

What is unit 2603 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 2603, Marquise Square

Starts from the last sale price (AED 2.45M, 7 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,450,000
Deposit, UAE resident (20%)
AED 490,000
Deposit, non-resident (40%)
AED 980,000
Monthly over 25 years at 3.7%
AED 10,024

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