Studio · 569 sqftMarquise Square, Business Bay · 5th floor · completed 2019

508, Marquise Square

Sold prices and rental history: sold twice, last in October 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 26 September 2026
Last soldAED 840K31 October 2022
Current rentAED 75K /yr26 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Marquise Square

What is 508 worth today?

Last sold for AED 840,000 in 2022

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26 Sep 2026RentedNew contract
AED 75,000/yr12 months · AED 132 per sqft
31 Oct 2022SoldReady
AED 840,000AED 1,475 per sqft
31 Oct 2021RentedRenewal
AED 44,000/yr12 months · AED 77 per sqft
31 Oct 2020RentedRenewal
AED 44,000/yr12 months · AED 77 per sqft
31 Oct 2019RentedNew contract
AED 52,500/yr12 months · AED 92 per sqft
27 Oct 2016Sold by developerOff-plan
AED 942,987AED 1,656 per sqft

Source: Dubai Land Department. Updated 26 September 2026.

Key facts

Type
Studio apartment
Size
569 sqft
Floor
5th of 29
Parking
B2-04
Developer
SRG
Completed
2019
Service charge
AED 9,700 /yr
Last sold
AED 840K · October 2022

About 508, Marquise Square

508 is a studio of 569 sqft on the 5th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. It last sold on 31 October 2022 for AED 840,000, or AED 1,475 per sqft, 20% below the AED 1,851 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 26 September 2026, is AED 75,000 a year: a gross yield of 8.9% on the 2022 price, before the service charge of about AED 9,700 a year.

Sales and rents for 508 over time

Sales
Unit 508, 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, October 2016: AED 942,987 (AED 1,656 per sqft)Sold, October 2022: AED 840,000 (AED 1,475 per sqft)

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

Rents
Unit 508, each contractTypical studio in Marquise Square
40K60K80K201920222025Typical 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, October 2019: AED 52,500 a yearRenewal, October 2020: AED 44,000 a yearRenewal, October 2021: AED 44,000 a yearNew contract, September 2026: AED 75,000 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 508 sits

All 239 studios →

508 last sold in October 2022 at AED 1,475 per sqft, 20% below 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. 508's AED 75,000 is in the upper 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
504StudioAED 1.06M · May 2022
505StudioAED 940K · Nov 2022
506StudioAED 930K · Aug 2023
507StudioAED 1.2M · Jan 2026
1–7 of 16

508, Marquise Square in numbers

  • Sold twice: first on 27 October 2016 for AED 942,987, last on 31 October 2022 for AED 840,000 (AED 1,475 per sqft).
  • Rented since October 2019 on 4 Ejari contracts. The rent fell from AED 52,500 to AED 44,000 in 2021 and recovered to AED 75,000 by September 2026.
  • At AED 75,000 a year the gross yield on the 2022 price is 8.9%, before a service charge of about AED 9,700 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 26 September 2026.

Questions about 508, Marquise Square

What did unit 508 last sell for?

AED 840,000 on 31 October 2022: AED 1,475 per sqft for 569 sqft. The unit has 2 registered sales; the first was AED 942,987 in October 2016.

What is the rent for unit 508?

AED 75,000 a year on the contract signed on 26 September 2026. The previous contract, from October 2021, was AED 44,000; the unit has been rented since October 2019.

How big is unit 508?

569 sqft (52.9 sqm): a studio on the 5th floor of a 29-storey tower completed in 2019.

What is unit 508 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 508, Marquise Square

Starts from the last sale price (AED 840K, 31 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 840,000
Deposit, UAE resident (20%)
AED 168,000
Deposit, non-resident (40%)
AED 336,000
Monthly over 25 years at 3.7%
AED 3,437

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