1206, Marquise Square
Sold prices and rental history: sold twice, last in March 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1206, Marquise Square
What is 1206 worth today?
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Source: Dubai Land Department. Updated 23 August 2024.
Key facts
- Type
- Studio apartment
- Size
- 658 sqft
- Floor
- 12th of 29
- Parking
- B2-32
- Developer
- SRG
- Completed
- 2019
- Service charge
- AED 11,200 /yr
- Last sold
- AED 980K · March 2023
- Building
- Marquise Square
About 1206, Marquise Square
1206 is a studio of 658 sqft on the 12th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. It last sold on 28 March 2023 for AED 980,000, or AED 1,489 per sqft, 18% below the AED 1,818 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 23 August 2024, is AED 75,000 a year: a gross yield of 7.6% on the 2023 price, before the service charge of about AED 11,200 a year.
Sales and rents for 1206 over time
1206 has sold twice; the dashed line is the studio median of each year in the building.
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 1206 sits
All 230 studios →1206 last sold in March 2023 at AED 1,489 per sqft, 18% below what studios in Marquise Square were fetching at the time (AED 1,818). 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. 1206's AED 75,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Jan 202630 January 2026 | 632 sqft | 1,160,000 | 1,834 | ||
| 19 Jan 202619 January 2026 | 486 sqft | 1,148,000 | 2,363 | ||
| 14 Jan 202614 January 2026 | 632 sqft | 1,200,000 | 1,897 | ||
| 12 Jan 202612 January 2026 | 649 sqft | 1,200,000 | 1,848 |
Marquise Square
Building413 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%
Other units on the 12th floor
All 413 units in Marquise Square| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,660 sqft | AED 2.34MAED 2,335,000 · Jun 2022June 2022 | 195,000 /yr | |
| 1202 | Studio | 517 sqft | AED 929KAED 928,922 · Sep 2016September 2016 | 74,799 /yr | |
| 1203 | Studio | 515 sqft | AED 980KAED 980,000 · Mar 2024March 2024 | 75,000 /yr | |
| 1204 | Studio | 486 sqft | AED 867KAED 866,936 · Dec 2016December 2016 | 68,000 /yr | |
| 1205 | Studio | 543 sqft | AED 969KAED 968,888 · Nov 2021November 2021 | 73,998 /yr | |
| 1207 | 559 sqft | AED 1.14MAED 1,140,000 · Sep 2025September 2025 | 75,000 /yr | ||
| 1208 | Studio | 599 sqft | AED 1.1MAED 1,097,491 · Apr 2022April 2022 | 72,000 /yr | |
| 1209 | 1-bed | 834 sqft | AED 1.31MAED 1,311,017 · Sep 2016September 2016 | ||
| 1210 | 2-bed | 1,583 sqft | AED 2.44MAED 2,444,087 · Oct 2016October 2016 | ||
| 1211 | 1-bed | 1,048 sqft | AED 1.51MAED 1,511,513 · Sep 2016September 2016 | 90,000 /yr | |
| 1212 | Studio | 486 sqft | AED 500KAED 500,000 · Sep 2022September 2022 | ||
| 1213 | Studio | 486 sqft | AED 1.2MAED 1,198,000 · Dec 2024December 2024 | 85,000 /yr | |
| 1214 | Studio | 689 sqft | AED 1.2MAED 1,200,000 · May 2024May 2024 | 82,894 /yr | |
| 1215 | Studio | 569 sqft | AED 1.07MAED 1,070,030 · Sep 2016September 2016 | 80,000 /yr | |
| 1216 | Studio | 615 sqft | AED 996KAED 996,334 · Oct 2016October 2016 | 83,000 /yr | |
| 1217 | 1-bed | 731 sqft | AED 1.3MAED 1,300,000 · Sep 2023September 2023 | 96,000 /yr |
1206, Marquise Square in numbers
- Sold twice: first on 19 September 2017 for AED 1,000,995, last on 28 March 2023 for AED 980,000 (AED 1,489 per sqft).
- Rented since August 2019 on 5 Ejari contracts. The rent fell from AED 58,000 to AED 48,000 in 2021 and recovered to AED 75,000 by August 2024.
- At AED 75,000 a year the gross yield on the 2023 price is 7.6%, 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 23 August 2024.
Questions about 1206, Marquise Square
What did unit 1206 last sell for?
AED 980,000 on 28 March 2023: AED 1,489 per sqft for 658 sqft. The unit has 2 registered sales; the first was AED 1,000,995 in September 2017.
What is the rent for unit 1206?
AED 75,000 a year on the contract signed on 23 August 2024. The previous contract, from August 2022, was AED 50,400; the unit has been rented since August 2019.
How big is unit 1206?
658 sqft (61.1 sqm): a studio on the 12th floor of a 29-storey tower completed in 2019.
What is unit 1206 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 1206, Marquise Square
Starts from the last sale price (AED 980K, 28 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 980,000
- Deposit, UAE resident (20%)
- AED 196,000
- Deposit, non-resident (40%)
- AED 392,000
- Monthly over 25 years at 3.7%
- AED 4,009
Plus AED 46,170 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →