Studio · 603 sqftMarquise Square, Business Bay · 10th floor · completed 2019

1007, Marquise Square

Sold prices and rental history: sold once, by the developer in July 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1007 · DLD and Ejari recordsUpdated 14 May 2024
Last soldAED 944K3 July 2018
Current rentAED 82K /yr14 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1007, Marquise Square

What is 1007 worth today?

Last sold for AED 943,572 in 2018

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14 May 2024RentedNew contract
AED 82,000/yr12 months · AED 136 per sqft
28 Feb 2024RentedNew contract
AED 80,000/yr12 months · AED 133 per sqft
5 Jan 2023RentedNew contract
AED 60,000/yr12 months · AED 99 per sqft
5 Jan 2022RentedNew contract
AED 50,000/yr12 months · AED 83 per sqft
5 Jan 2021RentedNew contract
AED 50,000/yr12 months · AED 83 per sqft
5 Jan 2020RentedNew contract
AED 55,000/yr12 months · AED 91 per sqft
3 Jul 2018Sold by developerOff-plan
AED 943,572AED 1,563 per sqft

Source: Dubai Land Department. Updated 14 May 2024.

Key facts

Type
Studio apartment
Size
603 sqft
Floor
10th of 29
Parking
B3-183
Developer
SRG
Completed
2019
Service charge
AED 10,300 /yr
Last sold
AED 944K · July 2018

About 1007, Marquise Square

1007 is a studio of 603 sqft on the 10th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. The developer sold it on 3 July 2018 for AED 943,572, or AED 1,563 per sqft, 13% below the AED 1,787 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 14 May 2024, is AED 82,000 a year: a gross yield of 8.7% on the 2018 price, before the service charge of about AED 10,300 a year.

Sales and rents for 1007 over time

Sales
Unit 1007, each saleTypical studio in Marquise Square
750K1M1.25M2016201920222025Typical sale price by year: 2016 AED 985,254; 2017 AED 969,417; 2018 AED 1,022,160; 2019 AED 1,115,134; 2020 AED 751,363; 2021 AED 830,000; 2022 AED 992,888; 2023 AED 965,000; 2024 AED 1,170,000; 2025 AED 1,200,000; 2026 AED 1,200,000Sold by developer, July 2018: AED 943,572 (AED 1,563 per sqft)

1007 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1007, 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 67,500; 2024 AED 75,000; 2025 AED 80,000; 2026 AED 82,000New contract, January 2020: AED 55,000 a yearNew contract, January 2021: AED 50,000 a yearNew contract, January 2022: AED 50,000 a yearNew contract, January 2023: AED 60,000 a yearNew contract, February 2024: AED 80,000 a yearNew contract, May 2024: AED 82,000 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 1007 sits

All 230 studios →

1007 last sold in July 2018 at AED 1,563 per sqft, 13% below what studios in Marquise Square were fetching at the time (AED 1,787). Over the last 12 months studios sold for AED 1,148,000 to 1,270,000, around AED 1,897 per sqft, and rent for AED 60,596 to 107,500 a year. 1007's AED 82,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
30 Jan 20261,160,000
19 Jan 20261,148,000
14 Jan 20261,200,000
12 Jan 20261,200,000
7 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. 8 sold in the last 12 months.

Typical price per sqft
AED 1,897
Typical sale
AED 1.2M
Typical rent
AED 96K /yr
Typical yield
7.3%
Marquise Square, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 413 units in Marquise Square
Value
10012-bedAED 2.82M · Nov 2022
1002StudioAED 1.1M · Mar 2025
1003StudioAED 660K · Jan 2022
1004StudioAED 967K · Apr 2022
1005StudioAED 840K · Jun 2022
1006StudioAED 1.19M · May 2022
1008StudioAED 1.12M · Aug 2024
1–7 of 16

1007, Marquise Square in numbers

  • Sold once: by SRG on 3 July 2018 for AED 943,572, or AED 1,563 per sqft.
  • Rented since January 2020 on 6 Ejari contracts, from AED 55,000 to AED 82,000 a year.
  • At AED 82,000 a year the gross yield on the 2018 price is 8.7%, before a service charge of about AED 10,300 a year (AED 16.99 per sqft).
  • Studios in Marquise Square sold for AED 1,148,000–1,270,000 in the 12 months to November 2026; the building's median across all types is AED 1,897 per sqft.

Source: Dubai Land Department. Updated 14 May 2024.

Questions about 1007, Marquise Square

What did unit 1007 last sell for?

AED 943,572 on 3 July 2018, sold by the developer: AED 1,563 per sqft for 603 sqft. It is the only registered sale of the unit.

What is the rent for unit 1007?

AED 82,000 a year on the contract signed on 14 May 2024. The previous contract, from February 2024, was AED 80,000; the unit has been rented since January 2020.

How big is unit 1007?

603 sqft (56.0 sqm): a studio on the 10th floor of a 29-storey tower completed in 2019.

What is unit 1007 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 1,148,000 to 1,270,000 in the last 12 months, around AED 1,897 per sqft.

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Mortgage on 1007, Marquise Square

Starts from the last sale price (AED 944K, 3 July 2018). Switch to today's estimate once you have unlocked it.
Price
AED 943,572
Deposit, UAE resident (20%)
AED 188,714
Deposit, non-resident (40%)
AED 377,429
Monthly over 25 years at 3.7%
AED 3,860

Plus AED 44,640 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →