Studio · 582 sqftMarquise Square, Business Bay · 10th floor · completed 2019

1008, Marquise Square

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

Unit 1008 · DLD and Ejari recordsUpdated 29 April 2025
Last soldAED 1.12M19 August 2024
Current rentAED 92K /yr29 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1008, Marquise Square

What is 1008 worth today?

Last sold for AED 1,120,000 in 2024

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29 Apr 2025RentedNew contract
AED 92,000/yr12 months · AED 158 per sqft
19 Aug 2024SoldReady
AED 1,120,000AED 1,922 per sqft
21 Dec 2023RentedNew contract
AED 70,000/yr12 months · AED 120 per sqft
10 Dec 2020RentedNew contract
AED 45,000/yr12 months · AED 77 per sqft
4 Dec 2019RentedNew contract
AED 55,000/yr12 months · AED 95 per sqft
10 Jun 2018Sold by developerOff-plan
AED 972,453AED 1,669 per sqft

Source: Dubai Land Department. Updated 29 April 2025.

Key facts

Type
Studio apartment
Size
582 sqft
Floor
10th of 29
Parking
B2-13
Developer
SRG
Completed
2019
Service charge
AED 9,900 /yr
Last sold
AED 1.12M · August 2024

About 1008, Marquise Square

1008 is a studio of 582 sqft on the 10th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. It last sold on 19 August 2024 for AED 1,120,000, or AED 1,922 per sqft, in line with the AED 1,945 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 29 April 2025, is AED 92,000 a year: a gross yield of 8.2% on the 2024 price, before the service charge of about AED 9,900 a year.

Sales and rents for 1008 over time

Sales
Unit 1008, 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, June 2018: AED 972,453 (AED 1,669 per sqft)Sold, August 2024: AED 1,120,000 (AED 1,922 per sqft)

1008 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1008, each contractTypical studio in Marquise Square
50K75K100K20192021202320252027Typical 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, December 2019: AED 55,000 a yearNew contract, December 2020: AED 45,000 a yearNew contract, December 2023: AED 70,000 a yearNew contract, April 2025: AED 92,000 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 1008 sits

All 230 studios →

1008 last sold in August 2024 at AED 1,922 per sqft, in line with what studios in Marquise Square were fetching at the time (AED 1,945). 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. 1008's AED 92,000 is in the upper 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
1007StudioAED 944K · Jul 2018
1–7 of 16

1008, Marquise Square in numbers

  • Sold twice: first on 10 June 2018 for AED 972,453, last on 19 August 2024 for AED 1,120,000 (AED 1,922 per sqft).
  • Rented since December 2019 on 4 Ejari contracts. The rent fell from AED 55,000 to AED 45,000 in 2020 and recovered to AED 92,000 by April 2025.
  • At AED 92,000 a year the gross yield on the 2024 price is 8.2%, before a service charge of about AED 9,900 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 29 April 2025.

Questions about 1008, Marquise Square

What did unit 1008 last sell for?

AED 1,120,000 on 19 August 2024: AED 1,922 per sqft for 582 sqft. The unit has 2 registered sales; the first was AED 972,453 in June 2018.

What is the rent for unit 1008?

AED 92,000 a year on the contract signed on 29 April 2025. The previous contract, from December 2023, was AED 70,000; the unit has been rented since December 2019.

How big is unit 1008?

582 sqft (54.1 sqm): a studio on the 10th floor of a 29-storey tower completed in 2019.

What is unit 1008 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 1008, Marquise Square

Starts from the last sale price (AED 1.12M, 19 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,120,000
Deposit, UAE resident (20%)
AED 224,000
Deposit, non-resident (40%)
AED 448,000
Monthly over 25 years at 3.7%
AED 4,582

Plus AED 52,050 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →