Studio · 569 sqftMarquise Square, Business Bay · 12th floor · completed 2019

1215, Marquise Square

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

Unit 1215 · DLD and Ejari recordsUpdated 28 June 2025
Last soldAED 1.07M28 September 2016
Current rentAED 80K /yr28 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1215, Marquise Square

What is 1215 worth today?

Last sold for AED 1,070,030 in 2016

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

28 Jun 2025RentedRenewal
AED 80,000/yr12 months · AED 141 per sqft
28 Jun 2024RentedNew contract
AED 80,000/yr12 months · AED 141 per sqft
10 May 2023RentedRenewal
AED 51,818/yr12 months · AED 91 per sqft
10 May 2022RentedRenewal
AED 49,350/yr12 months · AED 87 per sqft
10 May 2021RentedNew contract
AED 47,000/yr12 months · AED 83 per sqft
9 Sep 2019RentedNew contract
AED 55,000/yr12 months · AED 96 per sqft
28 Sep 2016Sold by developerOff-plan
AED 1,070,030AED 1,880 per sqft

Source: Dubai Land Department. Updated 28 June 2025.

Key facts

Type
Studio apartment
Size
569 sqft
Floor
12th of 29
Parking
B3-158
Developer
SRG
Completed
2019
Service charge
AED 9,700 /yr
Last sold
AED 1.07M · September 2016

About 1215, Marquise Square

1215 is a studio of 569 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 28 September 2016 for AED 1,070,030, or AED 1,880 per sqft, in line with the AED 1,909 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 28 June 2025, is AED 80,000 a year: a gross yield of 7.5% on the 2016 price, before the service charge of about AED 9,700 a year.

Sales and rents for 1215 over time

Sales
Unit 1215, 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, September 2016: AED 1,070,030 (AED 1,880 per sqft)

1215 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1215, 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, September 2019: AED 55,000 a yearNew contract, May 2021: AED 47,000 a yearRenewal, May 2022: AED 49,350 a yearRenewal, May 2023: AED 51,818 a yearNew contract, June 2024: AED 80,000 a yearRenewal, June 2025: AED 80,000 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 1215 sits

All 230 studios →

1215 last sold in September 2016 at AED 1,880 per sqft, in line with what studios in Marquise Square were fetching at the time (AED 1,909). 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. 1215's AED 80,000 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
1204StudioAED 867K · Dec 2016
1205StudioAED 969K · Nov 2021
1206StudioAED 980K · Mar 2023
1207AED 1.14M · Sep 2025
1–7 of 16

1215, Marquise Square in numbers

  • Sold once: by SRG on 28 September 2016 for AED 1,070,030, or AED 1,880 per sqft.
  • Rented since September 2019 on 6 Ejari contracts. The rent fell from AED 55,000 to AED 47,000 in 2021 and recovered to AED 80,000 by June 2025.
  • At AED 80,000 a year the gross yield on the 2016 price is 7.5%, before a service charge of about AED 9,700 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 28 June 2025.

Questions about 1215, Marquise Square

What did unit 1215 last sell for?

AED 1,070,030 on 28 September 2016, sold by the developer: AED 1,880 per sqft for 569 sqft. It is the only registered sale of the unit.

What is the rent for unit 1215?

AED 80,000 a year on the contract renewed on 28 June 2025. The previous contract, from June 2024, was AED 80,000; the unit has been rented since September 2019.

How big is unit 1215?

569 sqft (52.9 sqm): a studio on the 12th floor of a 29-storey tower completed in 2019.

What is unit 1215 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.

Selling 1215? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1215, Marquise Square

Starts from the last sale price (AED 1.07M, 28 September 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,070,030
Deposit, UAE resident (20%)
AED 214,006
Deposit, non-resident (40%)
AED 428,012
Monthly over 25 years at 3.7%
AED 4,378

Plus AED 49,951 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →