Studio · 486 sqftMarquise Square, Business Bay · 5th floor · completed 2019

502, Marquise Square

Sold prices and rental history: sold once, by the developer in September 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 9 May 2025
Last soldAED 916K29 September 2016
Current rentAED 62K /yr9 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Marquise Square

What is 502 worth today?

Last sold for AED 916,174 in 2016

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9 May 2025RentedRenewal
AED 62,000/yr12 months · AED 128 per sqft
9 May 2024RentedRenewal
AED 61,000/yr12 months · AED 126 per sqft
9 May 2023RentedNew contract
AED 60,000/yr12 months · AED 124 per sqft
1 Sep 2022RentedRenewal
AED 47,250/yr12 months · AED 98 per sqft
1 Sep 2021RentedNew contract
AED 45,000/yr12 months · AED 93 per sqft
24 Sep 2020RentedRenewal
AED 48,000/yr12 months · AED 99 per sqft
24 Sep 2019RentedNew contract
AED 48,000/yr12 months · AED 99 per sqft
29 Sep 2016Sold by developerOff-plan
AED 916,174AED 1,885 per sqft

Source: Dubai Land Department. Updated 9 May 2025.

Key facts

Type
Studio apartment
Size
486 sqft
Floor
5th of 29
Parking
B3-43
Developer
SRG
Completed
2019
Service charge
AED 8,300 /yr
Last sold
AED 916K · September 2016

About 502, Marquise Square

502 is a studio of 486 sqft on the 5th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. The developer sold it on 29 September 2016 for AED 916,174, or AED 1,885 per sqft, in line with the AED 1,885 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 9 May 2025, is AED 62,000 a year: a gross yield of 6.8% on the 2016 price, before the service charge of about AED 8,300 a year.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical studio in Marquise Square
800K1M1.2M2016201920222025Typical sale price by year: 2016 AED 985,254; 2017 AED 969,417; 2018 AED 1,022,160; 2019 AED 1,115,134; 2020 AED 871,572; 2021 AED 790,000; 2022 AED 1,015,444; 2023 AED 965,000; 2024 AED 1,190,000; 2025 AED 1,200,000; 2026 AED 1,160,000Sold by developer, September 2016: AED 916,174 (AED 1,885 per sqft)

502 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 502, each contractTypical studio in Marquise Square
40K60K80K20192021202320252027Typical rent by year: 2019 AED 55,000; 2020 AED 50,000; 2021 AED 50,000; 2022 AED 55,000; 2023 AED 65,500; 2024 AED 75,000; 2025 AED 80,000; 2026 AED 73,750New contract, September 2019: AED 48,000 a yearRenewal, September 2020: AED 48,000 a yearNew contract, September 2021: AED 45,000 a yearRenewal, September 2022: AED 47,250 a yearNew contract, May 2023: AED 60,000 a yearRenewal, May 2024: AED 61,000 a yearRenewal, May 2025: AED 62,000 a year

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 502 sits

All 239 studios →

502 last sold in September 2016 at AED 1,885 per sqft, in line with what studios in Marquise Square were fetching at the time (AED 1,885). 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. 502's AED 62,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
28 Sep 2026966,888
25 Sep 20261,190,000
1 Sep 20261,110,000
6 Aug 202629,844
18 studio 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 5th floor

All 413 units in Marquise Square
Value
5012-bedAED 2.76M · Aug 2022
503StudioAED 725K · Apr 2022
504StudioAED 1.06M · May 2022
505StudioAED 940K · Nov 2022
506StudioAED 930K · Aug 2023
507StudioAED 1.2M · Jan 2026
508StudioAED 840K · Oct 2022
1–7 of 16

502, Marquise Square in numbers

  • Sold once: by SRG on 29 September 2016 for AED 916,174, or AED 1,885 per sqft.
  • Rented since September 2019 on 7 Ejari contracts, from AED 48,000 to AED 62,000 a year.
  • At AED 62,000 a year the gross yield on the 2016 price is 6.8%, before a service charge of about AED 8,300 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 9 May 2025.

Questions about 502, Marquise Square

What did unit 502 last sell for?

AED 916,174 on 29 September 2016, sold by the developer: AED 1,885 per sqft for 486 sqft. It is the only registered sale of the unit.

What is the rent for unit 502?

AED 62,000 a year on the contract renewed on 9 May 2025. The previous contract, from May 2024, was AED 61,000; the unit has been rented since September 2019.

How big is unit 502?

486 sqft (45.2 sqm): a studio on the 5th floor of a 29-storey tower completed in 2019.

What is unit 502 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 502, Marquise Square

Starts from the last sale price (AED 916K, 29 September 2016). Switch to today's estimate once you have unlocked it.
Price
AED 916,174
Deposit, UAE resident (20%)
AED 183,235
Deposit, non-resident (40%)
AED 366,470
Monthly over 25 years at 3.7%
AED 3,748

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