Studio · 649 sqftMarquise Square, Business Bay · 6th floor · completed 2019

607, Marquise Square

Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 607 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 1.15M21 October 2024
Current rentAED 70K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 607, Marquise Square

What is 607 worth today?

Last sold for AED 1,150,000 in 2024

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1 Nov 2024RentedNew contract
AED 70,000/yr6 months · AED 108 per sqft
21 Oct 2024SoldReady
AED 1,150,000AED 1,771 per sqft
1 May 2024RentedRenewal
AED 70,000/yr12 months · AED 108 per sqft
1 May 2023RentedRenewal
AED 62,000/yr12 months · AED 96 per sqft
1 May 2022RentedNew contract
AED 58,000/yr12 months · AED 89 per sqft
27 Apr 2022Sold by developerReady
AED 1,168,888AED 1,800 per sqft
1 May 2021RentedNew contract
AED 48,000/yr13 months · AED 74 per sqft
3 Feb 2020RentedNew contract
AED 55,000/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
Studio apartment
Size
649 sqft
Floor
6th of 29
Parking
B3-162
Developer
SRG
Completed
2019
Service charge
AED 11,000 /yr
Last sold
AED 1.15M · October 2024

About 607, Marquise Square

607 is a studio of 649 sqft on the 6th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. It last sold on 21 October 2024 for AED 1,150,000, or AED 1,771 per sqft, 11% below the AED 1,991 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 1 November 2024, is AED 70,000 a year: a gross yield of 6.1% on the 2024 price, before the service charge of about AED 11,000 a year.

Sales and rents for 607 over time

Sales
Unit 607, 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 2022: AED 1,168,888 (AED 1,800 per sqft)Sold, October 2024: AED 1,150,000 (AED 1,771 per sqft)

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

Rents
Unit 607, each contractTypical studio in Marquise Square
60K80K20192021202320252027Typical 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, February 2020: AED 55,000 a yearNew contract, May 2021: AED 48,000 a yearNew contract, May 2022: AED 58,000 a yearRenewal, May 2023: AED 62,000 a yearRenewal, May 2024: AED 70,000 a yearNew contract, November 2024: AED 70,000 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 607 sits

All 239 studios →

607 last sold in October 2024 at AED 1,771 per sqft, 11% below what studios in Marquise Square were fetching at the time (AED 1,991). 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. 607's AED 70,000 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
603StudioAED 900K · Feb 2023
604StudioAED 675K · Sep 2019
605StudioAED 987K · Apr 2022
606StudioAED 670K · Sep 2021
608StudioAED 1.11M · May 2022
1–7 of 16

607, Marquise Square in numbers

  • Sold twice: first on 27 April 2022 for AED 1,168,888, last on 21 October 2024 for AED 1,150,000 (AED 1,771 per sqft).
  • Rented since February 2020 on 6 Ejari contracts. The rent fell from AED 55,000 to AED 48,000 in 2021 and recovered to AED 70,000 by November 2024.
  • At AED 70,000 a year the gross yield on the 2024 price is 6.1%, before a service charge of about AED 11,000 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 1 November 2024.

Questions about 607, Marquise Square

What did unit 607 last sell for?

AED 1,150,000 on 21 October 2024: AED 1,771 per sqft for 649 sqft. The unit has 2 registered sales; the first was AED 1,168,888 in April 2022.

What is the rent for unit 607?

AED 70,000 a year on the contract signed on 1 November 2024. The previous contract, from May 2024, was AED 70,000; the unit has been rented since February 2020.

How big is unit 607?

649 sqft (60.3 sqm): a studio on the 6th floor of a 29-storey tower completed in 2019.

What is unit 607 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 607, Marquise Square

Starts from the last sale price (AED 1.15M, 21 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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