2-bed · 1,190 sqft2020 Marquis, Arjan · 7th floor · completed 2020

701, 2020 Marquis

Sold prices and rental history: sold once, by the developer in January 2022, and rented once, from September 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 1M20 January 2022
Current rentAED 95K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, 2020 Marquis

What is 701 worth today?

Last sold for AED 1,000,000 in 2022

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1 Sep 2024RentedNew contract
AED 95,000/yr12 months · AED 80 per sqft
20 Jan 2022Sold by developerReady
AED 1,000,000AED 840 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
2-bed apartment
Size
1,190 sqft
Floor
7th of 8
Parking
G-65
Developer
Marquis Point Real Estate
Completed
2020
Service charge
AED 16,000 /yr
Last sold
AED 1M · January 2022
Building
2020 Marquis

About 701, 2020 Marquis

701 is a two-bedroom apartment of 1,190 sqft on the 7th floor of 2020 Marquis, a 8-storey tower in Arjan completed in 2020 by Marquis Point Real Estate. The developer sold it on 20 January 2022 for AED 1,000,000, or AED 840 per sqft, in line with the AED 844 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 September 2024. The current contract, signed on 1 September 2024, is AED 95,000 a year: a gross yield of 9.5% on the 2022 price, before the service charge of about AED 16,000 a year.

Sales and rents for 701 over time

Sales
Unit 701, each saleTypical two-bed in 2020 Marquis
1M1.2M2021202220232024Typical sale price by year: 2021 AED 1,025,000; 2022 AED 1,117,040; 2023 AED 1,300,000Sold by developer, January 2022: AED 1,000,000 (AED 840 per sqft)

701 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 701, each contractTypical two-bed in 2020 Marquis
50K75K100K202120232025Typical rent by year: 2021 AED 55,000; 2022 AED 63,000; 2023 AED 80,000; 2024 AED 92,500; 2025 AED 99,500New contract, September 2024: AED 95,000 a year

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

2-beds in 2020 Marquis, and where 701 sits

All 43 2-beds →

701 last sold in January 2022 at AED 840 per sqft, in line with what two-beds in 2020 Marquis were fetching at the time (AED 844). 701's AED 95,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
24 Jul 20251,350,000
27 Feb 20251,300,000
5 Dec 20241,380,000
27 Dec 20231,300,000
0 2-bed sales in the last 12 months

2020 Marquis

Building

149 apartments, 1-bed to 2-bed over 8 floors in Arjan, completed in 2020 by Marquis Point Real Estate. 8 sold in the last 12 months.

Typical price per sqft
AED 1,347
Typical sale
AED 950K
Typical rent
AED 80K /yr
Typical yield
6.7%
2020 Marquis, Arjan: prices, sales and rents →

Other units on the 7th floor

All 149 units in 2020 Marquis
Value
7021-bedAED 750K · Aug 2021
7032-bedAED 1.33M · Oct 2023
7041-bedAED 820K · May 2025
7052-bedAED 1.1M · May 2021
7062-bedAED 1.05M · Jun 2021
7071-bedAED 975K · Jan 2025
7081-bedAED 642K · Apr 2021
1–7 of 18

701, 2020 Marquis in numbers

  • Sold once: by Marquis Point Real Estate on 20 January 2022 for AED 1,000,000, or AED 840 per sqft.
  • Rented since September 2024 on one Ejari contract, at AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2022 price is 9.5%, before a service charge of about AED 16,000 a year (AED 13.41 per sqft).

Source: Dubai Land Department. Updated 1 September 2024.

Questions about 701, 2020 Marquis

What did unit 701 last sell for?

AED 1,000,000 on 20 January 2022, sold by the developer: AED 840 per sqft for 1,190 sqft. It is the only registered sale of the unit.

What is the rent for unit 701?

AED 95,000 a year on the contract signed on 1 September 2024.

How big is unit 701?

1,190 sqft (110.6 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2020.

What is unit 701 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 701, 2020 Marquis

Starts from the last sale price (AED 1M, 20 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

Plus AED 47,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →