Studio · 649 sqftMarquise Square, Business Bay · 7th floor · completed 2019

707, Marquise Square

Sold prices and rental history: sold twice, last in July 2024, and rented once, from November 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 9 July 2024
Last soldAED 1.05M9 July 2024
Current rentAED 55K /yr28 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 707, Marquise Square

What is 707 worth today?

Last sold for AED 1,050,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

9 Jul 2024SoldReady
AED 1,050,000AED 1,617 per sqft
28 Nov 2019RentedNew contract
AED 55,000/yr12 months · AED 85 per sqft
10 Jun 2018Sold by developerOff-plan
AED 946,210AED 1,457 per sqft

Source: Dubai Land Department. Updated 9 July 2024.

Key facts

Type
Studio apartment
Size
649 sqft
Floor
7th of 29
Parking
B3-178
Developer
SRG
Completed
2019
Service charge
AED 11,000 /yr
Last sold
AED 1.05M · July 2024

About 707, Marquise Square

707 is a studio of 649 sqft on the 7th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. It last sold on 9 July 2024 for AED 1,050,000, or AED 1,617 per sqft, 16% below the AED 1,916 studios in the building were fetching at the time.

One Ejari contract is registered, from 28 November 2019. The current contract, signed on 28 November 2019, is AED 55,000 a year: a gross yield of 5.2% on the 2024 price, before the service charge of about AED 11,000 a year.

Sales and rents for 707 over time

Sales
Unit 707, 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 946,210 (AED 1,457 per sqft)Sold, July 2024: AED 1,050,000 (AED 1,617 per sqft)

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

Rents
Unit 707, 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, November 2019: AED 55,000 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 707 sits

All 239 studios →

707 last sold in July 2024 at AED 1,617 per sqft, 16% below what studios in Marquise Square were fetching at the time (AED 1,916). 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. 707's AED 55,000 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 7th floor

All 413 units in Marquise Square
Value
7012-bedAED 2.71M · Apr 2022
702StudioAED 868K · Jul 2017
703StudioAED 640K · Oct 2019
704StudioAED 913K · Mar 2022
705StudioAED 1.02M · Jul 2018
706StudioAED 1.19M · May 2022
708StudioAED 1.04M · Aug 2022
1–7 of 16

707, Marquise Square in numbers

  • Sold twice: first on 10 June 2018 for AED 946,210, last on 9 July 2024 for AED 1,050,000 (AED 1,617 per sqft).
  • Rented since November 2019 on one Ejari contract, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2024 price is 5.2%, 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 9 July 2024.

Questions about 707, Marquise Square

What did unit 707 last sell for?

AED 1,050,000 on 9 July 2024: AED 1,617 per sqft for 649 sqft. The unit has 2 registered sales; the first was AED 946,210 in June 2018.

What is the rent for unit 707?

AED 55,000 a year on the contract signed on 28 November 2019.

How big is unit 707?

649 sqft (60.3 sqm): a studio on the 7th floor of a 29-storey tower completed in 2019.

What is unit 707 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.

Selling 707? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 707, Marquise Square

Starts from the last sale price (AED 1.05M, 9 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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