Studio · 486 sqftMarquise Square, Business Bay · 12th floor · completed 2019

1204, Marquise Square

Sold prices and rental history: sold once, by the developer in December 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1204 · DLD and Ejari recordsUpdated 22 September 2024
Last soldAED 867K19 December 2016
Current rentAED 68K /yr22 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1204, Marquise Square

What is 1204 worth today?

Last sold for AED 866,936 in 2016

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22 Sep 2024RentedRenewal
AED 68,000/yr12 months · AED 140 per sqft
22 Sep 2023RentedNew contract
AED 68,000/yr12 months · AED 140 per sqft
26 Aug 2021RentedNew contract
AED 46,000/yr12 months · AED 95 per sqft
23 Aug 2020RentedRenewal
AED 50,000/yr12 months · AED 103 per sqft
23 Aug 2019RentedNew contract
AED 50,000/yr12 months · AED 103 per sqft
19 Dec 2016Sold by developerOff-plan
AED 866,936AED 1,785 per sqft

Source: Dubai Land Department. Updated 22 September 2024.

Key facts

Type
Studio apartment
Size
486 sqft
Floor
12th of 29
Parking
B3-109
Developer
SRG
Completed
2019
Service charge
AED 8,200 /yr
Last sold
AED 867K · December 2016

About 1204, Marquise Square

1204 is a studio of 486 sqft on the 12th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. The developer sold it on 19 December 2016 for AED 866,936, or AED 1,785 per sqft, in line with the AED 1,812 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 22 September 2024, is AED 68,000 a year: a gross yield of 7.8% on the 2016 price, before the service charge of about AED 8,200 a year.

Sales and rents for 1204 over time

Sales
Unit 1204, 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, December 2016: AED 866,936 (AED 1,785 per sqft)

1204 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1204, each contractTypical studio in Marquise Square
40K60K80K20192021202320252027Typical 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 2019: AED 50,000 a yearRenewal, August 2020: AED 50,000 a yearNew contract, August 2021: AED 46,000 a yearNew contract, September 2023: AED 68,000 a yearRenewal, September 2024: AED 68,000 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 1204 sits

All 230 studios →

1204 last sold in December 2016 at AED 1,785 per sqft, in line with what studios in Marquise Square were fetching at the time (AED 1,812). 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. 1204's AED 68,000 is in the lower 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 12th floor

All 413 units in Marquise Square
Value
12012-bedAED 2.34M · Jun 2022
1202StudioAED 929K · Sep 2016
1203StudioAED 980K · Mar 2024
1205StudioAED 969K · Nov 2021
1206StudioAED 980K · Mar 2023
1207AED 1.14M · Sep 2025
1208StudioAED 1.1M · Apr 2022
1–7 of 16

1204, Marquise Square in numbers

  • Sold once: by SRG on 19 December 2016 for AED 866,936, or AED 1,785 per sqft.
  • Rented since August 2019 on 5 Ejari contracts, from AED 50,000 to AED 68,000 a year.
  • At AED 68,000 a year the gross yield on the 2016 price is 7.8%, before a service charge of about AED 8,200 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 22 September 2024.

Questions about 1204, Marquise Square

What did unit 1204 last sell for?

AED 866,936 on 19 December 2016, sold by the developer: AED 1,785 per sqft for 486 sqft. It is the only registered sale of the unit.

What is the rent for unit 1204?

AED 68,000 a year on the contract renewed on 22 September 2024. The previous contract, from September 2023, was AED 68,000; the unit has been rented since August 2019.

How big is unit 1204?

486 sqft (45.2 sqm): a studio on the 12th floor of a 29-storey tower completed in 2019.

What is unit 1204 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 1204, Marquise Square

Starts from the last sale price (AED 867K, 19 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 866,936
Deposit, UAE resident (20%)
AED 173,387
Deposit, non-resident (40%)
AED 346,774
Monthly over 25 years at 3.7%
AED 3,547

Plus AED 41,421 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →