3-bed · 2,143 sqftMarquise Square, Business Bay · 29th floor · completed 2019

2901, Marquise Square

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

Unit 2901 · DLD and Ejari recordsUpdated 27 September 2022
Last soldAED 1.92M27 September 2022
Current rentAED 145K /yr6 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2901, Marquise Square

What is 2901 worth today?

Last sold for AED 1,920,256 in 2022

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27 Sep 2022Sold by developerReady
AED 1,920,256AED 896 per sqft
6 Apr 2022RentedNew contract
AED 145,000/yr12 months · AED 68 per sqft
6 Feb 2021RentedNew contract
AED 145,000/yr14 months · AED 68 per sqft

Source: Dubai Land Department. Updated 27 September 2022.

Key facts

Type
3-bed apartment
Size
2,143 sqft
Floor
29th of 29
Parking
B1-180, B1-181
Developer
SRG
Completed
2019
Service charge
AED 36,400 /yr
Last sold
AED 1.92M · September 2022

About 2901, Marquise Square

2901 is a three-bedroom apartment of 2,143 sqft on the 29th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. The developer sold it on 27 September 2022 for AED 1,920,256, or AED 896 per sqft, 49% below the AED 1,747 three-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 6 April 2022, is AED 145,000 a year: a gross yield of 7.5% on the 2022 price, before the service charge of about AED 36,400 a year.

Sales and rents for 2901 over time

Sales
Unit 2901, each saleTypical three-bed in Marquise Square
2M3M4M20222023202420252026Typical sale price by year: 2022 AED 3,720,094; 2023 AED 3,050,000; 2024 AED 3,650,000; 2025 AED 4,000,000Sold by developer, September 2022: AED 1,920,256 (AED 896 per sqft)

2901 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2901, each contractTypical three-bed in Marquise Square
150K200K2020202220242026Typical rent by year: 2020 AED 145,000; 2021 AED 145,000; 2022 AED 147,500; 2023 AED 210,000; 2024 AED 215,000; 2025 AED 210,000New contract, February 2021: AED 145,000 a yearNew contract, April 2022: AED 145,000 a year

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

3-beds in Marquise Square, and where 2901 sits

All 18 3-beds →

2901 last sold in September 2022 at AED 896 per sqft, 49% below what three-beds in Marquise Square were fetching at the time (AED 1,747). Over the last 12 months three-beds sold for AED 7,000,000, around AED 3,126 per sqft, and rent for AED 211,349 to 211,349 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
25 Mar 20267,000,000
26 Aug 20254,000,000
25 Aug 20253,050,000
22 May 20254,092,911
1 3-bed sale 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 29th floor

All 413 units in Marquise Square
Value
29022-bedAED 2.37M · Mar 2022
29032-bedAED 2.18M · May 2022
29043-bedAED 2.94M · Aug 2022
29053-bedAED 3.87M · Jan 2022
29062-bedAED 3M · Dec 2024
29082-bedAED 2.48M · Jan 2022

2901, Marquise Square in numbers

  • Sold once: by SRG on 27 September 2022 for AED 1,920,256, or AED 896 per sqft.
  • Rented since February 2021 on 2 Ejari contracts, at AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2022 price is 7.5%, before a service charge of about AED 36,400 a year (AED 16.99 per sqft).
  • Three-beds in Marquise Square sold for AED 7,000,000–7,000,000 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 September 2022.

Questions about 2901, Marquise Square

What did unit 2901 last sell for?

AED 1,920,256 on 27 September 2022, sold by the developer: AED 896 per sqft for 2,143 sqft. It is the only registered sale of the unit.

What is the rent for unit 2901?

AED 145,000 a year on the contract signed on 6 April 2022. The previous contract, from February 2021, was AED 145,000.

How big is unit 2901?

2,143 sqft (199.1 sqm): a three-bedroom apartment on the 29th floor of a 29-storey tower completed in 2019.

What is unit 2901 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Marquise Square sold for AED 7,000,000 to 7,000,000 in the last 12 months, around AED 3,126 per sqft.

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Mortgage on 2901, Marquise Square

Starts from the last sale price (AED 1.92M, 27 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,920,256
Deposit, UAE resident (20%)
AED 384,051
Deposit, non-resident (40%)
AED 768,102
Monthly over 25 years at 3.7%
AED 7,856

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