1-bed · 726 sqftMarquise Square, Business Bay · 5th floor · completed 2019

517, Marquise Square

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

Unit 517 · DLD and Ejari recordsUpdated 1 April 2021
Last soldAED 1.31M15 November 2016
Current rentAED 60K /yr1 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 517, Marquise Square

What is 517 worth today?

Last sold for AED 1,310,099 in 2016

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1 Apr 2021RentedNew contract
AED 60,000/yr12 months · AED 83 per sqft
16 Dec 2019RentedNew contract
AED 70,000/yr12 months · AED 97 per sqft
15 Nov 2016Sold by developerOff-plan
AED 1,310,099AED 1,805 per sqft

Source: Dubai Land Department. Updated 1 April 2021.

Key facts

Type
1-bed apartment
Size
726 sqft
Floor
5th of 29
Parking
B2-176
Developer
SRG
Completed
2019
Service charge
AED 12,300 /yr
Last sold
AED 1.31M · November 2016

About 517, Marquise Square

517 is a one-bedroom apartment of 726 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 November 2016 for AED 1,310,099, or AED 1,805 per sqft, 3% above the AED 1,749 one-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 1 April 2021, is AED 60,000 a year: a gross yield of 4.6% on the 2016 price, before the service charge of about AED 12,300 a year.

Sales and rents for 517 over time

Sales
Unit 517, each saleTypical one-bed in Marquise Square
1M1.5M2016201920222025Typical sale price by year: 2016 AED 1,443,698; 2017 AED 1,420,759; 2018 AED 1,573,158; 2020 AED 1,084,743; 2021 AED 1,286,388; 2022 AED 1,441,888; 2023 AED 1,423,746; 2024 AED 1,600,000; 2025 AED 1,640,000Sold by developer, November 2016: AED 1,310,099 (AED 1,805 per sqft)

517 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 517, each contractTypical one-bed in Marquise Square
75K100K20192021202320252027Typical rent by year: 2019 AED 75,000; 2020 AED 72,000; 2021 AED 70,000; 2022 AED 75,000; 2023 AED 82,000; 2024 AED 95,867; 2025 AED 110,000; 2026 AED 106,000New contract, December 2019: AED 70,000 a yearNew contract, April 2021: AED 60,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Marquise Square, and where 517 sits

All 78 1-beds →

517 last sold in November 2016 at AED 1,805 per sqft, 3% above what one-beds in Marquise Square were fetching at the time (AED 1,749). Over the last 12 months one-beds sold for AED 1,675,000 to 2,250,000, around AED 2,220 per sqft, and rent for AED 77,000 to 145,000 a year. 517's AED 60,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Aug 20266,350
28 Jul 20262,250,000
6 Mar 20261,675,000
29 Dec 202532,702
4 1-bed 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

517, Marquise Square in numbers

  • Sold once: by SRG on 15 November 2016 for AED 1,310,099, or AED 1,805 per sqft.
  • Rented since December 2019 on 2 Ejari contracts, from AED 70,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2016 price is 4.6%, before a service charge of about AED 12,300 a year (AED 16.99 per sqft).
  • One-beds in Marquise Square sold for AED 1,675,000–2,250,000 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 April 2021.

Questions about 517, Marquise Square

What did unit 517 last sell for?

AED 1,310,099 on 15 November 2016, sold by the developer: AED 1,805 per sqft for 726 sqft. It is the only registered sale of the unit.

What is the rent for unit 517?

AED 60,000 a year on the contract signed on 1 April 2021. The previous contract, from December 2019, was AED 70,000.

How big is unit 517?

726 sqft (67.4 sqm): a one-bedroom apartment on the 5th floor of a 29-storey tower completed in 2019.

What is unit 517 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marquise Square sold for AED 1,675,000 to 2,250,000 in the last 12 months, around AED 2,220 per sqft.

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Mortgage on 517, Marquise Square

Starts from the last sale price (AED 1.31M, 15 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,310,099
Deposit, UAE resident (20%)
AED 262,020
Deposit, non-resident (40%)
AED 524,040
Monthly over 25 years at 3.7%
AED 5,360

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