Studio · 515 sqftMarquise Square, Business Bay · 11th floor · completed 2019

1102, Marquise Square

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

Unit 1102 · DLD and Ejari recordsUpdated 14 February 2024
Last soldAED 963K19 April 2022
Current rentAED 98K /yr14 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1102, Marquise Square

What is 1102 worth today?

Last sold for AED 962,888 in 2022

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14 Feb 2024RentedNew contract
AED 98,000/yr12 months · AED 190 per sqft
1 Jun 2022RentedNew contract
AED 58,000/yr12 months · AED 112 per sqft
19 Apr 2022Sold by developerReady
AED 962,888AED 1,869 per sqft

Source: Dubai Land Department. Updated 14 February 2024.

Key facts

Type
Studio apartment
Size
515 sqft
Floor
11th of 29
Parking
B3-54
Developer
SRG
Completed
2019
Service charge
AED 8,800 /yr
Last sold
AED 963K · April 2022

About 1102, Marquise Square

1102 is a studio of 515 sqft on the 11th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. The developer sold it on 19 April 2022 for AED 962,888, or AED 1,869 per sqft, in line with the AED 1,855 studios in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 14 February 2024, is AED 98,000 a year: a gross yield of 10.2% on the 2022 price, before the service charge of about AED 8,800 a year.

Sales and rents for 1102 over time

Sales
Unit 1102, 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 2022: AED 962,888 (AED 1,869 per sqft)

1102 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1102, 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, June 2022: AED 58,000 a yearNew contract, February 2024: AED 98,000 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 1102 sits

All 230 studios →

1102 last sold in April 2022 at AED 1,869 per sqft, in line with what studios in Marquise Square were fetching at the time (AED 1,855). 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. 1102's AED 98,000 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 11th floor

All 413 units in Marquise Square
Value
11012-bedAED 2.72M · Apr 2022
1103StudioAED 963K · Apr 2022
1104StudioAED 862K · Feb 2017
1105StudioAED 963K · Feb 2022
1106StudioAED 1000K · Jul 2017
1107StudioAED 920K · Nov 2022
1108StudioAED 930K · Apr 2017
1–7 of 16

1102, Marquise Square in numbers

  • Sold once: by SRG on 19 April 2022 for AED 962,888, or AED 1,869 per sqft.
  • Rented since June 2022 on 2 Ejari contracts, from AED 58,000 to AED 98,000 a year.
  • At AED 98,000 a year the gross yield on the 2022 price is 10.2%, before a service charge of about AED 8,800 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 February 2024.

Questions about 1102, Marquise Square

What did unit 1102 last sell for?

AED 962,888 on 19 April 2022, sold by the developer: AED 1,869 per sqft for 515 sqft. It is the only registered sale of the unit.

What is the rent for unit 1102?

AED 98,000 a year on the contract signed on 14 February 2024. The previous contract, from June 2022, was AED 58,000.

How big is unit 1102?

515 sqft (47.8 sqm): a studio on the 11th floor of a 29-storey tower completed in 2019.

What is unit 1102 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 1102, Marquise Square

Starts from the last sale price (AED 963K, 19 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 962,888
Deposit, UAE resident (20%)
AED 192,578
Deposit, non-resident (40%)
AED 385,155
Monthly over 25 years at 3.7%
AED 3,939

Plus AED 45,452 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →