1-bed · 731 sqftMarquise Square, Business Bay · 12th floor · completed 2019

1217, Marquise Square

Sold prices and rental history: sold twice, last in September 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1217 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 1.3M7 September 2023
Current rentAED 96K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1217, Marquise Square

What is 1217 worth today?

Last sold for AED 1,300,000 in 2023

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1 Aug 2024RentedRenewal
AED 96,000/yr12 months · AED 131 per sqft
7 Sep 2023SoldReady
AED 1,300,000AED 1,778 per sqft
1 Aug 2023RentedNew contract
AED 80,000/yr12 months · AED 109 per sqft
1 Aug 2022RentedNew contract
AED 80,000/yr12 months · AED 109 per sqft
25 Jul 2021RentedRenewal
AED 68,000/yr12 months · AED 93 per sqft
25 Jul 2020RentedNew contract
AED 68,000/yr12 months · AED 93 per sqft
1 Jul 2019RentedNew contract
AED 73,000/yr12 months · AED 100 per sqft
25 Oct 2016Sold by developerOff-plan
AED 1,280,522AED 1,752 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2024.

Key facts

Type
1-bed apartment
Size
731 sqft
Floor
12th of 29
Parking
B2-105
Developer
SRG
Completed
2019
Service charge
AED 12,400 /yr
Last sold
AED 1.3M · September 2023

About 1217, Marquise Square

1217 is a one-bedroom apartment of 731 sqft on the 12th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. It last sold on 7 September 2023 for AED 1,300,000, or AED 1,778 per sqft, in line with the AED 1,791 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 1 August 2024, is AED 96,000 a year: a gross yield of 7.4% on the 2023 price, before the service charge of about AED 12,400 a year.

Sales and rents for 1217 over time

Sales
Unit 1217, each saleTypical one-bed in Marquise Square
1M1.5M2016201920222025Typical sale price by year: 2016 AED 1,443,698; 2017 AED 1,456,192; 2018 AED 1,438,314; 2020 AED 1,084,743; 2021 AED 1,292,888; 2022 AED 1,441,388; 2023 AED 1,423,746; 2024 AED 1,600,000; 2025 AED 1,670,000Sold by developer, October 2016: AED 1,280,522 (AED 1,752 per sqft)Sold, September 2023: AED 1,300,000 (AED 1,778 per sqft)

1217 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1217, each contractTypical one-bed in Marquise Square
80K100K20192021202320252027Typical rent by year: 2019 AED 75,000; 2020 AED 72,000; 2021 AED 68,000; 2022 AED 75,000; 2023 AED 82,000; 2024 AED 100,000; 2025 AED 110,125; 2026 AED 105,000New contract, July 2019: AED 73,000 a yearNew contract, July 2020: AED 68,000 a yearRenewal, July 2021: AED 68,000 a yearNew contract, August 2022: AED 80,000 a yearNew contract, August 2023: AED 80,000 a yearRenewal, August 2024: AED 96,000 a year

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

1-beds in Marquise Square, and where 1217 sits

All 75 1-beds →

1217 last sold in September 2023 at AED 1,778 per sqft, in line with what one-beds in Marquise Square were fetching at the time (AED 1,791). Over the last 12 months one-beds sold for AED 32,702, around AED 45 per sqft, and rent for AED 84,000 to 145,000 a year. 1217's AED 96,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Dec 202532,702
21 Jul 20251,900,000
1 Jul 202542,138
30 Jun 20251,350,000
1 1-bed sale 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

1217, Marquise Square in numbers

  • Sold twice: first on 25 October 2016 for AED 1,280,522, last on 7 September 2023 for AED 1,300,000 (AED 1,778 per sqft).
  • Rented since July 2019 on 6 Ejari contracts, from AED 73,000 to AED 96,000 a year.
  • At AED 96,000 a year the gross yield on the 2023 price is 7.4%, before a service charge of about AED 12,400 a year (AED 16.99 per sqft).
  • One-beds in Marquise Square sold for AED 32,702–32,702 in the 12 months to November 2026; the building's median across all types is AED 1,897 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2024.

Questions about 1217, Marquise Square

What did unit 1217 last sell for?

AED 1,300,000 on 7 September 2023: AED 1,778 per sqft for 731 sqft. The unit has 2 registered sales; the first was AED 1,280,522 in October 2016.

What is the rent for unit 1217?

AED 96,000 a year on the contract renewed on 1 August 2024. The previous contract, from August 2023, was AED 80,000; the unit has been rented since July 2019.

How big is unit 1217?

731 sqft (67.9 sqm): a one-bedroom apartment on the 12th floor of a 29-storey tower completed in 2019.

What is unit 1217 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marquise Square sold for AED 32,702 to 32,702 in the last 12 months, around AED 45 per sqft.

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Mortgage on 1217, Marquise Square

Starts from the last sale price (AED 1.3M, 7 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

Plus AED 59,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →