506, Marquise Square
Sold prices and rental history: sold twice, last in August 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Marquise Square
What is 506 worth today?
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Source: Dubai Land Department. Updated 1 March 2026.
Key facts
- Type
- Studio apartment
- Size
- 660 sqft
- Floor
- 5th of 29
- Parking
- B2-25
- Developer
- SRG
- Completed
- 2019
- Service charge
- AED 11,200 /yr
- Last sold
- AED 930K · August 2023
- Building
- Marquise Square
About 506, Marquise Square
506 is a studio of 660 sqft on the 5th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. It last sold on 7 August 2023 for AED 930,000, or AED 1,409 per sqft, 19% below the AED 1,747 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 1 March 2026, is AED 82,500 a year: a gross yield of 8.9% on the 2023 price, before the service charge of about AED 11,200 a year.
Sales and rents for 506 over time
506 has sold twice; 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 506 sits
All 239 studios →506 last sold in August 2023 at AED 1,409 per sqft, 19% below what studios in Marquise Square were fetching at the time (AED 1,747). 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. 506's AED 82,500 is in the upper 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 5th floor
All 413 units in Marquise Square| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,570 sqft | AED 2.76MAED 2,755,651 · Aug 2022August 2022 | 145,000 /yr | |
| 502 | Studio | 486 sqft | AED 916KAED 916,174 · Sep 2016September 2016 | 62,000 /yr | |
| 503 | Studio | 517 sqft | AED 725KAED 725,000 · Apr 2022April 2022 | 60,000 /yr | |
| 504 | Studio | 518 sqft | AED 1.06MAED 1,060,888 · May 2022May 2022 | 45,000 /yr | |
| 505 | Studio | 632 sqft | AED 940KAED 940,000 · Nov 2022November 2022 | 44,004 /yr | |
| 507 | Studio | 649 sqft | AED 1.2MAED 1,200,000 · Jan 2026January 2026 | ||
| 508 | Studio | 569 sqft | AED 840KAED 840,000 · Oct 2022October 2022 | 75,000 /yr | |
| 509 | 1-bed | 834 sqft | AED 1.5MAED 1,500,000 · Jul 2025July 2025 | 110,000 /yr | |
| 510 | 2-bed | 1,493 sqft | AED 2.88MAED 2,877,888 · Jan 2022January 2022 | 170,000 /yr | |
| 511 | 1-bed | 1,019 sqft | AED 2.15MAED 2,150,000 · Jan 2025January 2025 | 95,734 /yr | |
| 512 | Studio | 516 sqft | AED 984KAED 983,567 · Sep 2016September 2016 | ||
| 513 | Studio | 516 sqft | AED 959KAED 958,604 · Feb 2017February 2017 | 90,000 /yr | |
| 514 | Studio | 691 sqft | AED 967KAED 967,000 · Nov 2022November 2022 | 70,350 /yr | |
| 515 | Studio | 659 sqft | AED 1.27MAED 1,274,888 · Jan 2022January 2022 | 78,000 /yr | |
| 516 | Studio | 587 sqft | AED 963KAED 963,258 · Feb 2017February 2017 | 80,000 /yr | |
| 517 | 1-bed | 726 sqft | AED 1.31MAED 1,310,099 · Nov 2016November 2016 | 60,000 /yr |
506, Marquise Square in numbers
- Sold twice: first on 27 October 2016 for AED 1,004,306, last on 7 August 2023 for AED 930,000 (AED 1,409 per sqft).
- Rented since November 2019 on 8 Ejari contracts. The rent fell from AED 50,000 to AED 37,500 in 2020 and recovered to AED 82,500 by March 2026.
- At AED 82,500 a year the gross yield on the 2023 price is 8.9%, before a service charge of about AED 11,200 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 1 March 2026.
Questions about 506, Marquise Square
What did unit 506 last sell for?
AED 930,000 on 7 August 2023: AED 1,409 per sqft for 660 sqft. The unit has 2 registered sales; the first was AED 1,004,306 in October 2016.
What is the rent for unit 506?
AED 82,500 a year on the contract signed on 1 March 2026. The previous contract, from December 2025, was AED 80,000; the unit has been rented since November 2019.
How big is unit 506?
660 sqft (61.3 sqm): a studio on the 5th floor of a 29-storey tower completed in 2019.
What is unit 506 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 506, Marquise Square
Starts from the last sale price (AED 930K, 7 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 930,000
- Deposit, UAE resident (20%)
- AED 186,000
- Deposit, non-resident (40%)
- AED 372,000
- Monthly over 25 years at 3.7%
- AED 3,805
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →