516, Marquise Square
Sold prices and rental history: sold once, by the developer in February 2017, 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 516, Marquise Square
What is 516 worth today?
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Source: Dubai Land Department. Updated 7 March 2026.
Key facts
- Type
- Studio apartment
- Size
- 587 sqft
- Floor
- 5th of 29
- Parking
- B2-46
- Developer
- SRG
- Completed
- 2019
- Service charge
- AED 10,000 /yr
- Last sold
- AED 963K · February 2017
- Building
- Marquise Square
About 516, Marquise Square
516 is a studio of 587 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 15 February 2017 for AED 963,258, or AED 1,640 per sqft, 8% below the AED 1,780 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 7 March 2026, is AED 80,000 a year: a gross yield of 8.3% on the 2017 price, before the service charge of about AED 10,000 a year.
Sales and rents for 516 over time
516 has sold once; 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 516 sits
All 239 studios →516 last sold in February 2017 at AED 1,640 per sqft, 8% below what studios in Marquise Square were fetching at the time (AED 1,780). 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. 516's AED 80,000 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 | |
| 506 | Studio | 660 sqft | AED 930KAED 930,000 · Aug 2023August 2023 | 82,500 /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 | |
| 517 | 1-bed | 726 sqft | AED 1.31MAED 1,310,099 · Nov 2016November 2016 | 60,000 /yr |
516, Marquise Square in numbers
- Sold once: by SRG on 15 February 2017 for AED 963,258, or AED 1,640 per sqft.
- Rented since August 2019 on 8 Ejari contracts, from AED 50,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2017 price is 8.3%, before a service charge of about AED 10,000 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 7 March 2026.
Questions about 516, Marquise Square
What did unit 516 last sell for?
AED 963,258 on 15 February 2017, sold by the developer: AED 1,640 per sqft for 587 sqft. It is the only registered sale of the unit.
What is the rent for unit 516?
AED 80,000 a year on the contract renewed on 7 March 2026. The previous contract, from March 2025, was AED 80,000; the unit has been rented since August 2019.
How big is unit 516?
587 sqft (54.5 sqm): a studio on the 5th floor of a 29-storey tower completed in 2019.
What is unit 516 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 516, Marquise Square
Starts from the last sale price (AED 963K, 15 February 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 963,258
- Deposit, UAE resident (20%)
- AED 192,652
- Deposit, non-resident (40%)
- AED 385,303
- Monthly over 25 years at 3.7%
- AED 3,941
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →