Studio · 486 sqftMarquise Square, Business Bay · 6th floor · completed 2019

604, Marquise Square

Sold prices and rental history: sold twice, last in September 2019, and rented once, from July 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 604 · DLD and Ejari recordsUpdated 1 July 2021
Last soldAED 675K22 September 2019
Current rentAED 46K /yr1 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 604, Marquise Square

What is 604 worth today?

Last sold for AED 675,000 in 2019

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1 Jul 2021RentedNew contract
AED 45,600/yr12 months · AED 94 per sqft
22 Sep 2019SoldReady
AED 675,000AED 1,390 per sqft
30 Jan 2017Sold by developerOff-plan
AED 845,000AED 1,740 per sqft

Source: Dubai Land Department. Updated 1 July 2021.

Key facts

Type
Studio apartment
Size
486 sqft
Floor
6th of 29
Parking
B3-82
Developer
SRG
Completed
2019
Service charge
AED 8,200 /yr
Last sold
AED 675K · September 2019

About 604, Marquise Square

604 is a studio of 486 sqft on the 6th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. It last sold on 22 September 2019 for AED 675,000, or AED 1,390 per sqft, 26% below the AED 1,890 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 July 2021. The current contract, signed on 1 July 2021, is AED 45,600 a year: a gross yield of 6.8% on the 2019 price, before the service charge of about AED 8,200 a year.

Sales and rents for 604 over time

Sales
Unit 604, each saleTypical studio in Marquise Square
750K1M1.25M2016201920222025Typical 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, January 2017: AED 845,000 (AED 1,740 per sqft)Sold, September 2019: AED 675,000 (AED 1,390 per sqft)

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

Rents
Unit 604, 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, July 2021: AED 45,600 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 604 sits

All 239 studios →

604 last sold in September 2019 at AED 1,390 per sqft, 26% below what studios in Marquise Square were fetching at the time (AED 1,890). 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. 604's AED 45,600 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
603StudioAED 900K · Feb 2023
605StudioAED 987K · Apr 2022
606StudioAED 670K · Sep 2021
607StudioAED 1.15M · Oct 2024
608StudioAED 1.11M · May 2022
1–7 of 16

604, Marquise Square in numbers

  • Sold twice: first on 30 January 2017 for AED 845,000, last on 22 September 2019 for AED 675,000 (AED 1,390 per sqft).
  • Rented since July 2021 on one Ejari contract, at AED 45,600 a year.
  • At AED 45,600 a year the gross yield on the 2019 price is 6.8%, before a service charge of about AED 8,200 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 July 2021.

Questions about 604, Marquise Square

What did unit 604 last sell for?

AED 675,000 on 22 September 2019: AED 1,390 per sqft for 486 sqft. The unit has 2 registered sales; the first was AED 845,000 in January 2017.

What is the rent for unit 604?

AED 45,600 a year on the contract signed on 1 July 2021.

How big is unit 604?

486 sqft (45.2 sqm): a studio on the 6th floor of a 29-storey tower completed in 2019.

What is unit 604 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 604, Marquise Square

Starts from the last sale price (AED 675K, 22 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 675,000
Deposit, UAE resident (20%)
AED 135,000
Deposit, non-resident (40%)
AED 270,000
Monthly over 25 years at 3.7%
AED 2,762

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