Studio · 515 sqftMarquise Square, Business Bay · 6th floor · completed 2019

603, Marquise Square

Sold prices and rental history: sold twice, last in February 2023, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 14 February 2023
Last soldAED 900K14 February 2023
Current rentAED 41K /yr24 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Marquise Square

What is 603 worth today?

Last sold for AED 900,000 in 2023

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14 Feb 2023SoldReady
AED 900,000AED 1,747 per sqft
24 Dec 2020RentedNew contract
AED 41,000/yr12 months · AED 79 per sqft
21 Nov 2019RentedNew contract
AED 48,000/yr12 months · AED 93 per sqft
1 Apr 2018Sold by developerOff-plan
AED 926,938AED 1,799 per sqft

Source: Dubai Land Department. Updated 14 February 2023.

Key facts

Type
Studio apartment
Size
515 sqft
Floor
6th of 29
Parking
B3-44
Developer
SRG
Completed
2019
Service charge
AED 8,800 /yr
Last sold
AED 900K · February 2023

About 603, Marquise Square

603 is a studio of 515 sqft on the 6th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. It last sold on 14 February 2023 for AED 900,000, or AED 1,747 per sqft, 5% below the AED 1,845 studios in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 24 December 2020, is AED 41,000 a year: a gross yield of 4.6% on the 2023 price, before the service charge of about AED 8,800 a year.

Sales and rents for 603 over time

Sales
Unit 603, 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, April 2018: AED 926,938 (AED 1,799 per sqft)Sold, February 2023: AED 900,000 (AED 1,747 per sqft)

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

Rents
Unit 603, 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, November 2019: AED 48,000 a yearNew contract, December 2020: AED 41,000 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 603 sits

All 239 studios →

603 last sold in February 2023 at AED 1,747 per sqft, 5% below what studios in Marquise Square were fetching at the time (AED 1,845). 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. 603's AED 41,000 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 6th floor

All 413 units in Marquise Square
Value
6012-bedAED 2.57M · Apr 2022
602StudioAED 1.18M · Jun 2026
604StudioAED 675K · Sep 2019
605StudioAED 987K · Apr 2022
606StudioAED 670K · Sep 2021
607StudioAED 1.15M · Oct 2024
608StudioAED 1.11M · May 2022
1–7 of 16

603, Marquise Square in numbers

  • Sold twice: first on 1 April 2018 for AED 926,938, last on 14 February 2023 for AED 900,000 (AED 1,747 per sqft).
  • Rented since November 2019 on 2 Ejari contracts, from AED 48,000 to AED 41,000 a year.
  • At AED 41,000 a year the gross yield on the 2023 price is 4.6%, 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 14 February 2023.

Questions about 603, Marquise Square

What did unit 603 last sell for?

AED 900,000 on 14 February 2023: AED 1,747 per sqft for 515 sqft. The unit has 2 registered sales; the first was AED 926,938 in April 2018.

What is the rent for unit 603?

AED 41,000 a year on the contract signed on 24 December 2020. The previous contract, from November 2019, was AED 48,000.

How big is unit 603?

515 sqft (47.8 sqm): a studio on the 6th floor of a 29-storey tower completed in 2019.

What is unit 603 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 603, Marquise Square

Starts from the last sale price (AED 900K, 14 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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