1502, Marquise Square
Sold prices and rental history: sold once, by the developer in June 2018, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1502, Marquise Square
What is 1502 worth today?
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Source: Dubai Land Department. Updated 16 December 2024.
Key facts
- Type
- Studio apartment
- Size
- 486 sqft
- Floor
- 15th of 29
- Parking
- B3-62
- Developer
- SRG
- Completed
- 2019
- Service charge
- AED 8,300 /yr
- Last sold
- AED 1.01M · June 2018
- Building
- Marquise Square
About 1502, Marquise Square
1502 is a studio of 486 sqft on the 15th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. The developer sold it on 10 June 2018 for AED 1,009,161, or AED 2,077 per sqft, 16% above the AED 1,793 studios in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 16 December 2024, is AED 62,000 a year: a gross yield of 6.1% on the 2018 price, before the service charge of about AED 8,300 a year.
Sales and rents for 1502 over time
1502 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 1502 sits
All 230 studios →1502 last sold in June 2018 at AED 2,077 per sqft, 16% above what studios in Marquise Square were fetching at the time (AED 1,793). 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. 1502's AED 62,000 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 15th floor
All 413 units in Marquise Square| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,601 sqft | AED 3.47MAED 3,467,500 · Apr 2023April 2023 | 137,500 /yr | |
| 1503 | Studio | 486 sqft | AED 1.05MAED 1,050,000 · Feb 2024February 2024 | 75,000 /yr | |
| 1504 | Studio | 516 sqft | AED 945KAED 945,000 · May 2017May 2017 | 96,000 /yr | |
| 1505 | Studio | 543 sqft | AED 969KAED 968,888 · Jan 2022January 2022 | 85,000 /yr | |
| 1506 | Studio | 660 sqft | AED 1.08MAED 1,075,122 · Jun 2018June 2018 | 65,000 /yr | |
| 1507 | 649 sqft | AED 1.2MAED 1,200,000 · Oct 2025October 2025 | 78,000 /yr | ||
| 1508 | Studio | 569 sqft | AED 1.07MAED 1,071,888 · Apr 2022April 2022 | 90,000 /yr | |
| 1509 | 1-bed | 834 sqft | AED 1.46MAED 1,455,888 · Apr 2022April 2022 | 77,000 /yr | |
| 1510 | 2-bed | 1,524 sqft | AED 2.96MAED 2,956,560 · Jan 2022January 2022 | ||
| 1511 | 1-bed | 867 sqft | AED 1.99MAED 1,989,000 · Jun 2024June 2024 | 145,000 /yr | |
| 1512 | Studio | 515 sqft | AED 1.13MAED 1,132,074 · Jun 2018June 2018 | 58,000 /yr | |
| 1513 | Studio | 516 sqft | AED 845KAED 845,000 · Apr 2022April 2022 | 80,000 /yr | |
| 1514 | Studio | 691 sqft | AED 1.49MAED 1,490,000 · May 2025May 2025 | 75,000 /yr | |
| 1515 | Studio | 659 sqft | AED 1.22MAED 1,223,269 · Apr 2019April 2019 | 95,000 /yr | |
| 1516 | Studio | 617 sqft | AED 1.33MAED 1,325,000 · Mar 2025March 2025 | 55,125 /yr | |
| 1517 | 1-bed | 726 sqft | AED 33KAED 32,702 · Dec 2025December 2025 | 115,000 /yr |
1502, Marquise Square in numbers
- Sold once: by SRG on 10 June 2018 for AED 1,009,161, or AED 2,077 per sqft.
- Rented since November 2020 on 3 Ejari contracts, from AED 50,000 to AED 62,000 a year.
- At AED 62,000 a year the gross yield on the 2018 price is 6.1%, before a service charge of about AED 8,300 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 16 December 2024.
Questions about 1502, Marquise Square
What did unit 1502 last sell for?
AED 1,009,161 on 10 June 2018, sold by the developer: AED 2,077 per sqft for 486 sqft. It is the only registered sale of the unit.
What is the rent for unit 1502?
AED 62,000 a year on the contract renewed on 16 December 2024. The previous contract, from December 2022, was AED 58,000; the unit has been rented since November 2020.
How big is unit 1502?
486 sqft (45.2 sqm): a studio on the 15th floor of a 29-storey tower completed in 2019.
What is unit 1502 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 1502, Marquise Square
Starts from the last sale price (AED 1.01M, 10 June 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,009,161
- Deposit, UAE resident (20%)
- AED 201,832
- Deposit, non-resident (40%)
- AED 403,664
- Monthly over 25 years at 3.7%
- AED 4,129
Plus AED 47,394 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →