407, Marquise Square
Sold prices and rental history: sold once, by the developer in June 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Marquise Square
What is 407 worth today?
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Source: Dubai Land Department. Updated 10 June 2022.
Key facts
- Type
- Studio apartment
- Size
- 649 sqft
- Floor
- 4th of 29
- Parking
- B3-85
- Developer
- SRG
- Completed
- 2019
- Service charge
- AED 11,000 /yr
- Last sold
- AED 1.17M · June 2022
- Building
- Marquise Square
About 407, Marquise Square
407 is a studio of 649 sqft on the 4th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. The developer sold it on 10 June 2022 for AED 1,165,888, or AED 1,796 per sqft, in line with the AED 1,851 studios in the building were fetching at the time.
It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 12 April 2021, is AED 48,000 a year: a gross yield of 4.1% on the 2022 price, before the service charge of about AED 11,000 a year.
Sales and rents for 407 over time
407 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Marquise Square, and where 407 sits
All 239 studios →407 last sold in June 2022 at AED 1,796 per sqft, in line with what studios in Marquise Square were fetching at the time (AED 1,851). Over the last 12 months studios sold for AED 966,888 to 1,270,000, around AED 1,907 per sqft, and rent for AED 38,000 to 110,000 a year. 407's AED 48,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Sep 202628 September 2026 | 518 sqft | 966,888 | 1,866 | ||
| 25 Sep 202625 September 2026 | 659 sqft | 1,190,000 | 1,807 | ||
| 1 Sep 20261 September 2026 | 645 sqft | 1,110,000 | 1,721 | ||
| 6 Aug 20266 August 2026 | 515 sqft | 29,844 | 57 |
Marquise Square
Building413 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%
Other units on the 4th floor
All 413 units in Marquise Square| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,482 sqft | AED 2.6MAED 2,598,613 · Aug 2022August 2022 | 140,000 /yr | |
| 402 | Studio | 515 sqft | AED 934KAED 933,747 · Oct 2016October 2016 | 55,000 /yr | |
| 403 | Studio | 517 sqft | AED 1.18MAED 1,182,000 · May 2026May 2026 | 96,000 /yr | |
| 404 | Studio | 518 sqft | AED 958KAED 957,888 · Apr 2022April 2022 | 68,250 /yr | |
| 405 | Studio | 587 sqft | AED 1.09MAED 1,085,888 · Apr 2022April 2022 | 70,000 /yr | |
| 406 | Studio | 614 sqft | AED 912KAED 911,964 · Jun 2017June 2017 | 80,000 /yr | |
| 408 | Studio | 569 sqft | AED 905KAED 905,384 · Feb 2017February 2017 | 65,000 /yr | |
| 409 | 1-bed | 834 sqft | AED 1.44MAED 1,438,888 · Jul 2022July 2022 | 110,000 /yr | |
| 410 | 2-bed | 1,405 sqft | AED 2.7MAED 2,704,691 · May 2022May 2022 | 160,000 /yr | |
| 411 | 1-bed | 958 sqft | AED 1.5MAED 1,495,970 · Sep 2016September 2016 | 105,000 /yr | |
| 412 | Studio | 515 sqft | AED 960KAED 960,365 · Feb 2017February 2017 | 63,000 /yr | |
| 413 | Studio | 516 sqft | AED 1.15MAED 1,150,000 · Nov 2024November 2024 | 67,500 /yr | |
| 414 | Studio | 645 sqft | AED 1.11MAED 1,110,000 · Sep 2026September 2026 | 70,000 /yr | |
| 415 | Studio | 613 sqft | AED 1.01MAED 1,014,638 · Mar 2017March 2017 | 80,000 /yr | |
| 416 | Studio | 617 sqft | AED 973KAED 972,904 · Feb 2017February 2017 | 65,000 /yr | |
| 417 | 1-bed | 726 sqft | AED 1.55MAED 1,550,000 · Feb 2024February 2024 | 88,000 /yr |
407, Marquise Square in numbers
- Sold once: by SRG on 10 June 2022 for AED 1,165,888, or AED 1,796 per sqft.
- Rented since December 2019 on 2 Ejari contracts, from AED 55,000 to AED 48,000 a year.
- At AED 48,000 a year the gross yield on the 2022 price is 4.1%, before a service charge of about AED 11,000 a year (AED 16.99 per sqft).
- Studios in Marquise Square sold for AED 966,888–1,270,000 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 10 June 2022.
Questions about 407, Marquise Square
What did unit 407 last sell for?
AED 1,165,888 on 10 June 2022, sold by the developer: AED 1,796 per sqft for 649 sqft. It is the only registered sale of the unit.
What is the rent for unit 407?
AED 48,000 a year on the contract signed on 12 April 2021. The previous contract, from December 2019, was AED 55,000.
How big is unit 407?
649 sqft (60.3 sqm): a studio on the 4th floor of a 29-storey tower completed in 2019.
What is unit 407 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Marquise Square sold for AED 966,888 to 1,270,000 in the last 12 months, around AED 1,907 per sqft.
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Mortgage on 407, Marquise Square
Starts from the last sale price (AED 1.17M, 10 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,165,888
- Deposit, UAE resident (20%)
- AED 233,178
- Deposit, non-resident (40%)
- AED 466,355
- Monthly over 25 years at 3.7%
- AED 4,770
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →