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Studio · 587 sqftMarquise Square, Business Bay · 10th floor · completed 2019

1016, Marquise Square

Sold prices and rental history: sold twice, last in May 2021, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1016 · DLD and Ejari recordsUpdated 8 February 2025
Last soldAED 655K30 May 2021
Current rentAED 92K /yr8 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1016, Marquise Square

What is 1016 worth today?

Last sold for AED 655,000 in 2021

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8 Feb 2025RentedNew contract
AED 92,000/yr12 months · AED 155 per sqft
30 May 2021SoldReady
AED 655,000AED 1,115 per sqft
15 Aug 2020RentedNew contract
AED 45,000/yr12 months · AED 76 per sqft
26 Apr 2017Sold by developerOff-plan
AED 962,087AED 1,638 per sqft

Source: Dubai Land Department. Updated 8 February 2025.

Key facts

Type
Studio apartment
Size
587 sqft
Floor
10th of 29
Parking
B2-51
Developer
SRG
Completed
2019
Service charge
AED 10,000 /yr
Last sold
AED 655K · May 2021
Building
Marquise Square

About 1016, Marquise Square

1016 is a studio of 587 sqft on the 10th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. It last sold on 30 May 2021 for AED 655,000, or AED 1,115 per sqft, in line with the AED 1,146 studios in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 8 February 2025, is AED 92,000 a year: a gross yield of 14.1% on the 2021 price, before the service charge of about AED 10,000 a year.

Sales and rents for 1016 over time

Sales
Unit 1016, 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, April 2017: AED 962,087 (AED 1,638 per sqft)Sold, May 2021: AED 655,000 (AED 1,115 per sqft)

1016 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1016, 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, August 2020: AED 45,000 a yearNew contract, February 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 1016 sits

All 230 studios →

1016 last sold in May 2021 at AED 1,115 per sqft, in line with what studios in Marquise Square were fetching at the time (AED 1,146). 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. 1016'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

1016, Marquise Square in numbers

  • Sold twice: first on 26 April 2017 for AED 962,087, last on 30 May 2021 for AED 655,000 (AED 1,115 per sqft).
  • Rented since August 2020 on 2 Ejari contracts, from AED 45,000 to AED 92,000 a year.
  • At AED 92,000 a year the gross yield on the 2021 price is 14.1%, before a service charge of about AED 10,000 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 8 February 2025.

Questions about 1016, Marquise Square

What did unit 1016 last sell for?

AED 655,000 on 30 May 2021: AED 1,115 per sqft for 587 sqft. The unit has 2 registered sales; the first was AED 962,087 in April 2017.

What is the rent for unit 1016?

AED 92,000 a year on the contract signed on 8 February 2025. The previous contract, from August 2020, was AED 45,000.

How big is unit 1016?

587 sqft (54.5 sqm): a studio on the 10th floor of a 29-storey tower completed in 2019.

What is unit 1016 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 1016, Marquise Square

Starts from the last sale price (AED 655K, 30 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 655,000
Deposit, UAE resident (20%)
AED 131,000
Deposit, non-resident (40%)
AED 262,000
Monthly over 25 years at 3.7%
AED 2,680

Plus AED 32,520 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →