1408, Marquise Square
Sold prices and rental history: sold once, by the developer in December 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1408, Marquise Square
What is 1408 worth today?
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Source: Dubai Land Department. Updated 15 July 2024.
Key facts
- Type
- Studio apartment
- Size
- 569 sqft
- Floor
- 14th of 29
- Parking
- B1-195
- Developer
- SRG
- Completed
- 2019
- Service charge
- AED 9,700 /yr
- Last sold
- AED 870K · December 2017
- Building
- Marquise Square
About 1408, Marquise Square
1408 is a studio of 569 sqft on the 14th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. The developer sold it on 19 December 2017 for AED 870,295, or AED 1,528 per sqft, 9% below the AED 1,675 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 15 July 2024, is AED 75,000 a year: a gross yield of 8.6% on the 2017 price, before the service charge of about AED 9,700 a year.
Sales and rents for 1408 over time
1408 has sold once; 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 1408 sits
All 230 studios →1408 last sold in December 2017 at AED 1,528 per sqft, 9% below what studios in Marquise Square were fetching at the time (AED 1,675). 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. 1408'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 14th floor
All 413 units in Marquise Square| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 2-bed | 1,482 sqft | AED 2.67MAED 2,666,471 · May 2022May 2022 | 185,000 /yr | |
| 1402 | Studio | 515 sqft | AED 900KAED 900,000 · May 2023May 2023 | 68,500 /yr | |
| 1403 | Studio | 517 sqft | AED 1.05MAED 1,050,000 · Apr 2025April 2025 | 52,500 /yr | |
| 1404 | Studio | 518 sqft | AED 650KAED 650,000 · Oct 2021October 2021 | 75,000 /yr | |
| 1405 | Studio | 587 sqft | AED 1.07MAED 1,070,494 · Jun 2018June 2018 | 82,000 /yr | |
| 1406 | Studio | 585 sqft | AED 886KAED 885,619 · Dec 2017December 2017 | 78,000 /yr | |
| 1407 | Studio | 649 sqft | AED 650KAED 650,000 · Nov 2021November 2021 | 85,000 /yr | |
| 1409 | 1-bed | 834 sqft | AED 1.9MAED 1,900,000 · Jul 2025July 2025 | 105,243 /yr | |
| 1410 | 2-bed | 1,404 sqft | AED 2.73MAED 2,730,104 · Feb 2022February 2022 | 180,000 /yr |
1408, Marquise Square in numbers
- Sold once: by SRG on 19 December 2017 for AED 870,295, or AED 1,528 per sqft.
- Rented since July 2020 on 5 Ejari contracts, from AED 50,000 to AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2017 price is 8.6%, 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 15 July 2024.
Questions about 1408, Marquise Square
What did unit 1408 last sell for?
AED 870,295 on 19 December 2017, sold by the developer: AED 1,528 per sqft for 569 sqft. It is the only registered sale of the unit.
What is the rent for unit 1408?
AED 75,000 a year on the contract signed on 15 July 2024. The previous contract, from July 2023, was AED 57,800; the unit has been rented since July 2020.
How big is unit 1408?
569 sqft (52.9 sqm): a studio on the 14th floor of a 29-storey tower completed in 2019.
What is unit 1408 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 1408, Marquise Square
Starts from the last sale price (AED 870K, 19 December 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 870,295
- Deposit, UAE resident (20%)
- AED 174,059
- Deposit, non-resident (40%)
- AED 348,118
- Monthly over 25 years at 3.7%
- AED 3,561
Plus AED 41,563 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →