Studio · 603 sqftMarquise Square, Business Bay · 8th floor · completed 2019

807, Marquise Square

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

Unit 807 · DLD and Ejari recordsUpdated 16 October 2024
Last soldAED 1.22M13 September 2024
Current rentAED 75K /yr16 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 807, Marquise Square

What is 807 worth today?

Last sold for AED 1,220,000 in 2024

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16 Oct 2024RentedRenewal
AED 75,000/yr12 months · AED 124 per sqft
16 Oct 2024RentedNew contract
AED 75,000/yr9 months · AED 124 per sqft
13 Sep 2024SoldReady
AED 1,220,000AED 2,021 per sqft
16 Oct 2023RentedNew contract
AED 75,000/yr12 months · AED 124 per sqft
1 Oct 2022RentedNew contract
AED 58,000/yr12 months · AED 96 per sqft
31 May 2022RentedNew contract
AED 58,000/yr12 months · AED 96 per sqft
25 May 2020RentedNew contract
AED 50,000/yr12 months · AED 83 per sqft
10 Dec 2019RentedNew contract
AED 55,000/yr12 months · AED 91 per sqft

Source: Dubai Land Department. Updated 16 October 2024.

Key facts

Type
Studio apartment
Size
603 sqft
Floor
8th of 29
Parking
B3-179
Developer
SRG
Completed
2019
Service charge
AED 10,300 /yr
Last sold
AED 1.22M · September 2024

About 807, Marquise Square

807 is a studio of 603 sqft on the 8th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. It last sold on 13 September 2024 for AED 1,220,000, or AED 2,021 per sqft, in line with the AED 1,974 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 16 October 2024, is AED 75,000 a year: a gross yield of 6.2% on the 2024 price, before the service charge of about AED 10,300 a year.

Sales and rents for 807 over time

Sales
Unit 807, 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 2018: AED 920,993 (AED 1,526 per sqft)Sold, September 2024: AED 1,220,000 (AED 2,021 per sqft)

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

Rents
Unit 807, 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, December 2019: AED 55,000 a yearNew contract, May 2020: AED 50,000 a yearNew contract, May 2022: AED 58,000 a yearNew contract, October 2022: AED 58,000 a yearNew contract, October 2023: AED 75,000 a yearRenewal, October 2024: AED 75,000 a yearNew contract, October 2024: AED 75,000 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 807 sits

All 239 studios →

807 last sold in September 2024 at AED 2,021 per sqft, in line with what studios in Marquise Square were fetching at the time (AED 1,974). 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. 807's AED 75,000 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 8th floor

All 413 units in Marquise Square
Value
8012-bedAED 2.82M · Aug 2022
802StudioAED 877K · Jul 2017
803StudioAED 1.15M · Jan 2026
804StudioAED 1.18M · Feb 2025
805StudioAED 1.15M · Mar 2022
806StudioAED 1.28M · Feb 2025
808StudioAED 958K · Jan 2022
1–7 of 16

807, Marquise Square in numbers

  • Sold twice: first on 1 April 2018 for AED 920,993, last on 13 September 2024 for AED 1,220,000 (AED 2,021 per sqft).
  • Rented since December 2019 on 7 Ejari contracts, from AED 55,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2024 price is 6.2%, before a service charge of about AED 10,300 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 16 October 2024.

Questions about 807, Marquise Square

What did unit 807 last sell for?

AED 1,220,000 on 13 September 2024: AED 2,021 per sqft for 603 sqft. The unit has 2 registered sales; the first was AED 920,993 in April 2018.

What is the rent for unit 807?

AED 75,000 a year on the contract renewed on 16 October 2024. The previous contract, from October 2024, was AED 75,000; the unit has been rented since December 2019.

How big is unit 807?

603 sqft (56.0 sqm): a studio on the 8th floor of a 29-storey tower completed in 2019.

What is unit 807 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 807, Marquise Square

Starts from the last sale price (AED 1.22M, 13 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,220,000
Deposit, UAE resident (20%)
AED 244,000
Deposit, non-resident (40%)
AED 488,000
Monthly over 25 years at 3.7%
AED 4,991

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