Studio · 691 sqftMarquise Square, Business Bay · 6th floor · completed 2019

614, Marquise Square

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

Unit 614 · DLD and Ejari recordsUpdated 17 December 2023
Last soldAED 830K8 August 2021
Current rentAED 80K /yr17 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 614, Marquise Square

What is 614 worth today?

Last sold for AED 830,000 in 2021

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17 Dec 2023RentedNew contract
AED 80,000/yr12 months · AED 116 per sqft
23 Sep 2023RentedNew contract
AED 75,000/yr12 months · AED 109 per sqft
19 Sep 2022RentedNew contract
AED 67,000/yr12 months · AED 97 per sqft
15 Sep 2021RentedNew contract
AED 50,000/yr12 months · AED 73 per sqft
1 Sep 2021RentedNew contract
AED 55,000/yr12 months · AED 80 per sqft
8 Aug 2021SoldReady
AED 830,000AED 1,202 per sqft
5 Aug 2020RentedNew contract
AED 50,000/yr12 months · AED 73 per sqft
14 Jul 2019RentedNew contract
AED 55,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 17 December 2023.

Key facts

Type
Studio apartment
Size
691 sqft
Floor
6th of 29
Parking
B2-65
Developer
SRG
Completed
2019
Service charge
AED 11,700 /yr
Last sold
AED 830K · August 2021

About 614, Marquise Square

614 is a studio of 691 sqft on the 6th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. It last sold on 8 August 2021 for AED 830,000, or AED 1,202 per sqft, in line with the AED 1,202 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 17 December 2023, is AED 80,000 a year: a gross yield of 9.6% on the 2021 price, before the service charge of about AED 11,700 a year.

Sales and rents for 614 over time

Sales
Unit 614, 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, October 2017: AED 1,145,000 (AED 1,658 per sqft)Sold, August 2021: AED 830,000 (AED 1,202 per sqft)

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

Rents
Unit 614, 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, July 2019: AED 55,000 a yearNew contract, August 2020: AED 50,000 a yearNew contract, September 2021: AED 50,000 a yearNew contract, September 2021: AED 55,000 a yearNew contract, September 2022: AED 67,000 a yearNew contract, September 2023: AED 75,000 a yearNew contract, December 2023: AED 80,000 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 614 sits

All 239 studios →

614 last sold in August 2021 at AED 1,202 per sqft, in line with what studios in Marquise Square were fetching at the time (AED 1,202). 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. 614's AED 80,000 is in the upper 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
607StudioAED 1.15M · Oct 2024
1–7 of 16

614, Marquise Square in numbers

  • Sold twice: first on 22 October 2017 for AED 1,145,000, last on 8 August 2021 for AED 830,000 (AED 1,202 per sqft).
  • Rented since July 2019 on 7 Ejari contracts, from AED 55,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2021 price is 9.6%, before a service charge of about AED 11,700 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 17 December 2023.

Questions about 614, Marquise Square

What did unit 614 last sell for?

AED 830,000 on 8 August 2021: AED 1,202 per sqft for 691 sqft. The unit has 2 registered sales; the first was AED 1,145,000 in October 2017.

What is the rent for unit 614?

AED 80,000 a year on the contract signed on 17 December 2023. The previous contract, from September 2023, was AED 75,000; the unit has been rented since July 2019.

How big is unit 614?

691 sqft (64.2 sqm): a studio on the 6th floor of a 29-storey tower completed in 2019.

What is unit 614 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 614, Marquise Square

Starts from the last sale price (AED 830K, 8 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 830,000
Deposit, UAE resident (20%)
AED 166,000
Deposit, non-resident (40%)
AED 332,000
Monthly over 25 years at 3.7%
AED 3,396

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