1-bed · 726 sqftMarquise Square, Business Bay · 4th floor · completed 2019

417, Marquise Square

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

Unit 417 · DLD and Ejari recordsUpdated 12 February 2024
Last soldAED 1.55M12 February 2024
Current rentAED 88K /yr2 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 417, Marquise Square

What is 417 worth today?

Last sold for AED 1,550,000 in 2024

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12 Feb 2024SoldReady
AED 1,550,000AED 2,135 per sqft
2 Sep 2022RentedNew contract
AED 88,000/yr12 months · AED 122 per sqft
25 Jan 2022Sold by developerReady
AED 1,314,888AED 1,811 per sqft
15 Jun 2021RentedNew contract
AED 65,000/yr12 months · AED 90 per sqft
28 Jan 2020RentedNew contract
AED 75,000/yr12 months · AED 103 per sqft

Source: Dubai Land Department. Updated 12 February 2024.

Key facts

Type
1-bed apartment
Size
726 sqft
Floor
4th of 29
Parking
B2-153
Developer
SRG
Completed
2019
Service charge
AED 12,300 /yr
Last sold
AED 1.55M · February 2024

About 417, Marquise Square

417 is a one-bedroom apartment of 726 sqft on the 4th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. It last sold on 12 February 2024 for AED 1,550,000, or AED 2,135 per sqft, 16% above the AED 1,843 one-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 2 September 2022, is AED 88,000 a year: a gross yield of 5.7% on the 2024 price, before the service charge of about AED 12,300 a year.

Sales and rents for 417 over time

Sales
Unit 417, each saleTypical one-bed in Marquise Square
1M1.5M2016201920222025Typical sale price by year: 2016 AED 1,443,698; 2017 AED 1,420,759; 2018 AED 1,573,158; 2020 AED 1,084,743; 2021 AED 1,286,388; 2022 AED 1,441,888; 2023 AED 1,423,746; 2024 AED 1,600,000; 2025 AED 1,640,000Sold by developer, January 2022: AED 1,314,888 (AED 1,811 per sqft)Sold, February 2024: AED 1,550,000 (AED 2,135 per sqft)

417 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 417, each contractTypical one-bed in Marquise Square
75K100K20192021202320252027Typical rent by year: 2019 AED 75,000; 2020 AED 72,000; 2021 AED 70,000; 2022 AED 75,000; 2023 AED 82,000; 2024 AED 95,867; 2025 AED 110,000; 2026 AED 106,000New contract, January 2020: AED 75,000 a yearNew contract, June 2021: AED 65,000 a yearNew contract, September 2022: AED 88,000 a year

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

1-beds in Marquise Square, and where 417 sits

All 78 1-beds →

417 last sold in February 2024 at AED 2,135 per sqft, 16% above what one-beds in Marquise Square were fetching at the time (AED 1,843). Over the last 12 months one-beds sold for AED 1,675,000 to 2,250,000, around AED 2,220 per sqft, and rent for AED 77,000 to 145,000 a year. 417's AED 88,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Aug 20266,350
28 Jul 20262,250,000
6 Mar 20261,675,000
29 Dec 202532,702
4 1-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 4th floor

All 413 units in Marquise Square
Value
4012-bedAED 2.6M · Aug 2022
402StudioAED 934K · Oct 2016
403StudioAED 1.18M · May 2026
404StudioAED 958K · Apr 2022
405StudioAED 1.09M · Apr 2022
406StudioAED 912K · Jun 2017
407StudioAED 1.17M · Jun 2022
1–7 of 16

417, Marquise Square in numbers

  • Sold twice: first on 25 January 2022 for AED 1,314,888, last on 12 February 2024 for AED 1,550,000 (AED 2,135 per sqft).
  • Rented since January 2020 on 3 Ejari contracts. The rent fell from AED 75,000 to AED 65,000 in 2021 and recovered to AED 88,000 by September 2022.
  • At AED 88,000 a year the gross yield on the 2024 price is 5.7%, before a service charge of about AED 12,300 a year (AED 16.99 per sqft).
  • One-beds in Marquise Square sold for AED 1,675,000–2,250,000 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 12 February 2024.

Questions about 417, Marquise Square

What did unit 417 last sell for?

AED 1,550,000 on 12 February 2024: AED 2,135 per sqft for 726 sqft. The unit has 2 registered sales; the first was AED 1,314,888 in January 2022.

What is the rent for unit 417?

AED 88,000 a year on the contract signed on 2 September 2022. The previous contract, from June 2021, was AED 65,000; the unit has been rented since January 2020.

How big is unit 417?

726 sqft (67.4 sqm): a one-bedroom apartment on the 4th floor of a 29-storey tower completed in 2019.

What is unit 417 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marquise Square sold for AED 1,675,000 to 2,250,000 in the last 12 months, around AED 2,220 per sqft.

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Mortgage on 417, Marquise Square

Starts from the last sale price (AED 1.55M, 12 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

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