Studio · 518 sqftMarquise Square, Business Bay · 5th floor · completed 2019

504, Marquise Square

Sold prices and rental history: sold twice, last in May 2022, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 9 May 2022
Last soldAED 1.06M9 May 2022
Current rentAED 45K /yr21 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Marquise Square

What is 504 worth today?

Last sold for AED 1,060,888 in 2022

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9 May 2022SoldReady
AED 1,060,888AED 2,049 per sqft
12 Apr 2022Sold by developerReady
AED 700,000AED 1,352 per sqft
21 Aug 2021RentedNew contract
AED 45,000/yr12 months · AED 87 per sqft
10 Aug 2020RentedNew contract
AED 42,500/yr12 months · AED 82 per sqft
1 Feb 2020RentedNew contract
AED 48,000/yr12 months · AED 93 per sqft

Source: Dubai Land Department. Updated 9 May 2022.

Key facts

Type
Studio apartment
Size
518 sqft
Floor
5th of 29
Parking
B3-80
Developer
SRG
Completed
2019
Service charge
AED 8,800 /yr
Last sold
AED 1.06M · May 2022

About 504, Marquise Square

504 is a studio of 518 sqft on the 5th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. It last sold on 9 May 2022 for AED 1,060,888, or AED 2,049 per sqft, 11% above the AED 1,851 studios in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 21 August 2021, is AED 45,000 a year: a gross yield of 4.2% on the 2022 price, before the service charge of about AED 8,800 a year.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical studio in Marquise Square
750K1M1.25M2016201920222025Typical 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, April 2022: AED 700,000 (AED 1,352 per sqft)Sold, May 2022: AED 1,060,888 (AED 2,049 per sqft)

504 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 504, 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, February 2020: AED 48,000 a yearNew contract, August 2020: AED 42,500 a yearNew contract, August 2021: AED 45,000 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 504 sits

All 239 studios →

504 last sold in May 2022 at AED 2,049 per sqft, 11% above 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. 504's AED 45,000 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
502StudioAED 916K · Sep 2016
503StudioAED 725K · Apr 2022
505StudioAED 940K · Nov 2022
506StudioAED 930K · Aug 2023
507StudioAED 1.2M · Jan 2026
508StudioAED 840K · Oct 2022
1–7 of 16

504, Marquise Square in numbers

  • Sold twice: first on 12 April 2022 for AED 700,000, last on 9 May 2022 for AED 1,060,888 (AED 2,049 per sqft).
  • Rented since February 2020 on 3 Ejari contracts, from AED 48,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2022 price is 4.2%, before a service charge of about AED 8,800 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 2022.

Questions about 504, Marquise Square

What did unit 504 last sell for?

AED 1,060,888 on 9 May 2022: AED 2,049 per sqft for 518 sqft. The unit has 2 registered sales; the first was AED 700,000 in April 2022.

What is the rent for unit 504?

AED 45,000 a year on the contract signed on 21 August 2021. The previous contract, from August 2020, was AED 42,500; the unit has been rented since February 2020.

How big is unit 504?

518 sqft (48.1 sqm): a studio on the 5th floor of a 29-storey tower completed in 2019.

What is unit 504 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 504, Marquise Square

Starts from the last sale price (AED 1.06M, 9 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,060,888
Deposit, UAE resident (20%)
AED 212,178
Deposit, non-resident (40%)
AED 424,355
Monthly over 25 years at 3.7%
AED 4,340

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