2-bed · 1,660 sqftMarquise Square, Business Bay · 12th floor · completed 2019

1201, Marquise Square

Sold prices and rental history: sold twice, last in June 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1201 · DLD and Ejari recordsUpdated 21 October 2024
Last soldAED 2.34M14 June 2022
Current rentAED 195K /yr21 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1201, Marquise Square

What is 1201 worth today?

Last sold for AED 2,335,000 in 2022

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21 Oct 2024RentedNew contract
AED 195,000/yr12 months · AED 118 per sqft
14 Jun 2022SoldReady
AED 2,335,000AED 1,406 per sqft
1 Nov 2021RentedRenewal
AED 94,500/yr12 months · AED 57 per sqft
1 Nov 2020RentedNew contract
AED 90,000/yr12 months · AED 54 per sqft
15 Oct 2019RentedNew contract
AED 110,000/yr12 months · AED 66 per sqft
5 Oct 2016Sold by developerOff-plan
AED 2,422,903AED 1,482 per sqft

Source: Dubai Land Department. Updated 21 October 2024.

Key facts

Type
2-bed apartment
Size
1,660 sqft
Floor
12th of 29
Parking
B1-53
Developer
SRG
Completed
2019
Service charge
AED 28,200 /yr
Last sold
AED 2.34M · June 2022

About 1201, Marquise Square

1201 is a two-bedroom apartment of 1,660 sqft on the 12th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. It last sold on 14 June 2022 for AED 2,335,000, or AED 1,406 per sqft, 22% below the AED 1,810 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 21 October 2024, is AED 195,000 a year: a gross yield of 8.3% on the 2022 price, before the service charge of about AED 28,200 a year.

Sales and rents for 1201 over time

Sales
Unit 1201, each saleTypical two-bed in Marquise Square
2.5M3M3.5M2016201920222025Typical sale price by year: 2016 AED 2,500,552; 2020 AED 2,600,188; 2021 AED 2,517,444; 2022 AED 2,704,691; 2023 AED 2,900,000; 2024 AED 2,880,000; 2025 AED 3,400,000Sold by developer, October 2016: AED 2,422,903 (AED 1,482 per sqft)Sold, June 2022: AED 2,335,000 (AED 1,406 per sqft)

1201 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1201, each contractTypical two-bed in Marquise Square
100K150K200K20192021202320252027Typical rent by year: 2019 AED 120,000; 2020 AED 105,000; 2021 AED 102,000; 2022 AED 110,000; 2023 AED 120,000; 2024 AED 150,000; 2025 AED 155,000; 2026 AED 175,000New contract, October 2019: AED 110,000 a yearNew contract, November 2020: AED 90,000 a yearRenewal, November 2021: AED 94,500 a yearNew contract, October 2024: AED 195,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Marquise Square, and where 1201 sits

All 77 2-beds →

1201 last sold in June 2022 at AED 1,406 per sqft, 22% below what two-beds in Marquise Square were fetching at the time (AED 1,810). 1201's AED 195,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Apr 20253,450,000
7 Mar 20253,400,000
18 Feb 20253,000,000
30 Dec 20243,000,000
0 2-bed 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 12th floor

All 413 units in Marquise Square
Value
1202StudioAED 929K · Sep 2016
1203StudioAED 980K · Mar 2024
1204StudioAED 867K · Dec 2016
1205StudioAED 969K · Nov 2021
1206StudioAED 980K · Mar 2023
1207AED 1.14M · Sep 2025
1208StudioAED 1.1M · Apr 2022
1–7 of 16

1201, Marquise Square in numbers

  • Sold twice: first on 5 October 2016 for AED 2,422,903, last on 14 June 2022 for AED 2,335,000 (AED 1,406 per sqft).
  • Rented since October 2019 on 4 Ejari contracts. The rent fell from AED 110,000 to AED 90,000 in 2020 and recovered to AED 195,000 by October 2024.
  • At AED 195,000 a year the gross yield on the 2022 price is 8.3%, before a service charge of about AED 28,200 a year (AED 16.99 per sqft).

Source: Dubai Land Department. Updated 21 October 2024.

Questions about 1201, Marquise Square

What did unit 1201 last sell for?

AED 2,335,000 on 14 June 2022: AED 1,406 per sqft for 1,660 sqft. The unit has 2 registered sales; the first was AED 2,422,903 in October 2016.

What is the rent for unit 1201?

AED 195,000 a year on the contract signed on 21 October 2024. The previous contract, from November 2021, was AED 94,500; the unit has been rented since October 2019.

How big is unit 1201?

1,660 sqft (154.2 sqm): a two-bedroom apartment on the 12th floor of a 29-storey tower completed in 2019.

What is unit 1201 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1201, Marquise Square

Starts from the last sale price (AED 2.34M, 14 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,335,000
Deposit, UAE resident (20%)
AED 467,000
Deposit, non-resident (40%)
AED 934,000
Monthly over 25 years at 3.7%
AED 9,553

Plus AED 103,080 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →