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1-bed · 834 sqftMarquise Square, Business Bay · 7th floor · completed 2019

709, Marquise Square

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

Unit 709 · DLD and Ejari recordsUpdated 10 October 2024
Last soldAED 1.65M10 October 2024
Current rentAED 90K /yr9 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 709, Marquise Square

What is 709 worth today?

Last sold for AED 1,650,000 in 2024

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10 Oct 2024SoldReady
AED 1,650,000AED 1,979 per sqft
9 May 2023RentedNew contract
AED 90,000/yr24 months · AED 108 per sqft
22 Feb 2022Sold by developerReady
AED 1,441,888AED 1,729 per sqft
22 Jan 2021RentedNew contract
AED 68,000/yr12 months · AED 82 per sqft
22 Jan 2020RentedNew contract
AED 74,000/yr12 months · AED 89 per sqft

Source: Dubai Land Department. Updated 10 October 2024.

Key facts

Type
1-bed apartment
Size
834 sqft
Floor
7th of 29
Parking
B2-110
Developer
SRG
Completed
2019
Service charge
AED 14,200 /yr
Last sold
AED 1.65M · October 2024
Building
Marquise Square

About 709, Marquise Square

709 is a one-bedroom apartment of 834 sqft on the 7th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. It last sold on 10 October 2024 for AED 1,650,000, or AED 1,979 per sqft, 4% above the AED 1,899 one-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 9 May 2023, is AED 90,000 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 14,200 a year.

Sales and rents for 709 over time

Sales
Unit 709, each saleTypical one-bed in Marquise Square
1M1.5M2016201920222025Typical sale price by year: 2016 AED 1,443,698; 2017 AED 1,420,759; 2018 AED 1,573,158; 2020 AED 1,084,743; 2021 AED 1,286,388; 2022 AED 1,441,888; 2023 AED 1,423,746; 2024 AED 1,600,000; 2025 AED 1,640,000Sold by developer, February 2022: AED 1,441,888 (AED 1,729 per sqft)Sold, October 2024: AED 1,650,000 (AED 1,979 per sqft)

709 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 709, each contractTypical one-bed in Marquise Square
80K100K20192021202320252027Typical rent by year: 2019 AED 75,000; 2020 AED 72,000; 2021 AED 70,000; 2022 AED 75,000; 2023 AED 82,000; 2024 AED 95,867; 2025 AED 110,000; 2026 AED 106,000New contract, January 2020: AED 74,000 a yearNew contract, January 2021: AED 68,000 a yearNew contract, May 2023: AED 90,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Marquise Square, and where 709 sits

All 78 1-beds →

709 last sold in October 2024 at AED 1,979 per sqft, 4% above what one-beds in Marquise Square were fetching at the time (AED 1,899). Over the last 12 months one-beds sold for AED 1,675,000 to 2,250,000, around AED 2,220 per sqft, and rent for AED 77,000 to 145,000 a year. 709's AED 90,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Aug 20266,350
28 Jul 20262,250,000
6 Mar 20261,675,000
29 Dec 202532,702
4 1-bed 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
707StudioAED 1.05M · Jul 2024
1–7 of 16

709, Marquise Square in numbers

  • Sold twice: first on 22 February 2022 for AED 1,441,888, last on 10 October 2024 for AED 1,650,000 (AED 1,979 per sqft).
  • Rented since January 2020 on 3 Ejari contracts, from AED 74,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2024 price is 5.5%, before a service charge of about AED 14,200 a year (AED 16.99 per sqft).
  • One-beds in Marquise Square sold for AED 1,675,000–2,250,000 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 10 October 2024.

Questions about 709, Marquise Square

What did unit 709 last sell for?

AED 1,650,000 on 10 October 2024: AED 1,979 per sqft for 834 sqft. The unit has 2 registered sales; the first was AED 1,441,888 in February 2022.

What is the rent for unit 709?

AED 90,000 a year on the contract signed on 9 May 2023. The previous contract, from January 2021, was AED 68,000; the unit has been rented since January 2020.

How big is unit 709?

834 sqft (77.5 sqm): a one-bedroom apartment on the 7th floor of a 29-storey tower completed in 2019.

What is unit 709 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marquise Square sold for AED 1,675,000 to 2,250,000 in the last 12 months, around AED 2,220 per sqft.

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Mortgage on 709, Marquise Square

Starts from the last sale price (AED 1.65M, 10 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

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