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Studio · 660 sqftMarquise Square, Business Bay · 11th floor · completed 2019

1106, Marquise Square

Sold prices and rental history: sold once, by the developer in July 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1106 · DLD and Ejari recordsUpdated 5 July 2022
Last soldAED 1000K18 July 2017
Current rentAED 55K /yr5 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1106, Marquise Square

What is 1106 worth today?

Last sold for AED 999,873 in 2017

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5 Jul 2022RentedNew contract
AED 55,000/yr12 months · AED 84 per sqft
5 Jul 2021RentedNew contract
AED 50,000/yr12 months · AED 76 per sqft
25 Oct 2020RentedRenewal
AED 50,000/yr12 months · AED 76 per sqft
25 Oct 2019RentedNew contract
AED 55,000/yr12 months · AED 84 per sqft
18 Jul 2017Sold by developerOff-plan
AED 999,873AED 1,515 per sqft

Source: Dubai Land Department. Updated 5 July 2022.

Key facts

Type
Studio apartment
Size
660 sqft
Floor
11th of 29
Parking
B2-31
Developer
SRG
Completed
2019
Service charge
AED 11,200 /yr
Last sold
AED 1000K · July 2017
Building
Marquise Square

About 1106, Marquise Square

1106 is a studio of 660 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 18 July 2017 for AED 999,873, or AED 1,515 per sqft, 14% below the AED 1,760 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 5 July 2022, is AED 55,000 a year: a gross yield of 5.5% on the 2017 price, before the service charge of about AED 11,200 a year.

Sales and rents for 1106 over time

Sales
Unit 1106, 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 2017: AED 999,873 (AED 1,515 per sqft)

1106 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1106, 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, October 2019: AED 55,000 a yearRenewal, October 2020: AED 50,000 a yearNew contract, July 2021: AED 50,000 a yearNew contract, July 2022: AED 55,000 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 1106 sits

All 230 studios →

1106 last sold in July 2017 at AED 1,515 per sqft, 14% below what studios in Marquise Square were fetching at the time (AED 1,760). 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. 1106's AED 55,000 is at the bottom 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
1102StudioAED 963K · Apr 2022
1103StudioAED 963K · Apr 2022
1104StudioAED 862K · Feb 2017
1105StudioAED 963K · Feb 2022
1107StudioAED 920K · Nov 2022
1108StudioAED 930K · Apr 2017
1–7 of 16

1106, Marquise Square in numbers

  • Sold once: by SRG on 18 July 2017 for AED 999,873, or AED 1,515 per sqft.
  • Rented since October 2019 on 4 Ejari contracts, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2017 price is 5.5%, before a service charge of about AED 11,200 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 5 July 2022.

Questions about 1106, Marquise Square

What did unit 1106 last sell for?

AED 999,873 on 18 July 2017, sold by the developer: AED 1,515 per sqft for 660 sqft. It is the only registered sale of the unit.

What is the rent for unit 1106?

AED 55,000 a year on the contract signed on 5 July 2022. The previous contract, from July 2021, was AED 50,000; the unit has been rented since October 2019.

How big is unit 1106?

660 sqft (61.3 sqm): a studio on the 11th floor of a 29-storey tower completed in 2019.

What is unit 1106 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 1106, Marquise Square

Starts from the last sale price (AED 1000K, 18 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 999,873
Deposit, UAE resident (20%)
AED 199,975
Deposit, non-resident (40%)
AED 399,949
Monthly over 25 years at 3.7%
AED 4,091

Plus AED 47,005 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →