Studio · 659 sqftMarquise Square, Business Bay · 6th floor · completed 2019

615, Marquise Square

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

Unit 615 · DLD and Ejari recordsUpdated 2 May 2023
Last soldAED 935K2 May 2023
Current rentAED 56K /yr6 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 615, Marquise Square

What is 615 worth today?

Last sold for AED 935,000 in 2023

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2 May 2023SoldReady
AED 935,000AED 1,419 per sqft
6 Oct 2022RentedRenewal
AED 55,650/yr12 months · AED 85 per sqft
6 Oct 2021RentedNew contract
AED 53,000/yr12 months · AED 80 per sqft
1 Oct 2020RentedNew contract
AED 50,000/yr12 months · AED 76 per sqft
28 Sep 2019RentedNew contract
AED 57,000/yr12 months · AED 87 per sqft
10 Jun 2018Sold by developerOff-plan
AED 1,096,112AED 1,664 per sqft

Source: Dubai Land Department. Updated 2 May 2023.

Key facts

Type
Studio apartment
Size
659 sqft
Floor
6th of 29
Parking
B3-155
Developer
SRG
Completed
2019
Service charge
AED 11,200 /yr
Last sold
AED 935K · May 2023

About 615, Marquise Square

615 is a studio of 659 sqft on the 6th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. It last sold on 2 May 2023 for AED 935,000, or AED 1,419 per sqft, 22% below the AED 1,809 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 6 October 2022, is AED 55,650 a year: a gross yield of 5.9% on the 2023 price, before the service charge of about AED 11,200 a year.

Sales and rents for 615 over time

Sales
Unit 615, 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, June 2018: AED 1,096,112 (AED 1,664 per sqft)Sold, May 2023: AED 935,000 (AED 1,419 per sqft)

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

Rents
Unit 615, 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, September 2019: AED 57,000 a yearNew contract, October 2020: AED 50,000 a yearNew contract, October 2021: AED 53,000 a yearRenewal, October 2022: AED 55,650 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 615 sits

All 239 studios →

615 last sold in May 2023 at AED 1,419 per sqft, 22% below what studios in Marquise Square were fetching at the time (AED 1,809). 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. 615's AED 55,650 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
607StudioAED 1.15M · Oct 2024
1–7 of 16

615, Marquise Square in numbers

  • Sold twice: first on 10 June 2018 for AED 1,096,112, last on 2 May 2023 for AED 935,000 (AED 1,419 per sqft).
  • Rented since September 2019 on 4 Ejari contracts. The rent fell from AED 57,000 to AED 50,000 in 2020 and recovered to AED 55,650 by October 2022.
  • At AED 55,650 a year the gross yield on the 2023 price is 5.9%, before a service charge of about AED 11,200 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 2 May 2023.

Questions about 615, Marquise Square

What did unit 615 last sell for?

AED 935,000 on 2 May 2023: AED 1,419 per sqft for 659 sqft. The unit has 2 registered sales; the first was AED 1,096,112 in June 2018.

What is the rent for unit 615?

AED 55,650 a year on the contract renewed on 6 October 2022. The previous contract, from October 2021, was AED 53,000; the unit has been rented since September 2019.

How big is unit 615?

659 sqft (61.2 sqm): a studio on the 6th floor of a 29-storey tower completed in 2019.

What is unit 615 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 615, Marquise Square

Starts from the last sale price (AED 935K, 2 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 935,000
Deposit, UAE resident (20%)
AED 187,000
Deposit, non-resident (40%)
AED 374,000
Monthly over 25 years at 3.7%
AED 3,825

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