1516, Marquise Square
Sold prices and rental history: sold twice, last in March 2025, 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 1516, Marquise Square
What is 1516 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 5 March 2025.
Key facts
- Type
- Studio apartment
- Size
- 617 sqft
- Floor
- 15th of 29
- Parking
- B2-55
- Developer
- SRG
- Completed
- 2019
- Service charge
- AED 10,500 /yr
- Last sold
- AED 1.33M · March 2025
- Building
- Marquise Square
About 1516, Marquise Square
1516 is a studio of 617 sqft on the 15th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. It last sold on 5 March 2025 for AED 1,325,000, or AED 2,149 per sqft, 5% above the AED 2,051 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 8 October 2022, is AED 55,125 a year: a gross yield of 4.2% on the 2025 price, before the service charge of about AED 10,500 a year.
Sales and rents for 1516 over time
1516 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 1516 sits
All 230 studios →1516 last sold in March 2025 at AED 2,149 per sqft, 5% above what studios in Marquise Square were fetching at the time (AED 2,051). 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. 1516's AED 55,125 is at the bottom 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 | |
| 1502 | Studio | 486 sqft | AED 1.01MAED 1,009,161 · Jun 2018June 2018 | 62,000 /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 | |
| 1517 | 1-bed | 726 sqft | AED 33KAED 32,702 · Dec 2025December 2025 | 115,000 /yr |
1516, Marquise Square in numbers
- Sold twice: first on 11 December 2018 for AED 1,177,156, last on 5 March 2025 for AED 1,325,000 (AED 2,149 per sqft).
- Rented since October 2019 on 4 Ejari contracts. The rent fell from AED 56,000 to AED 50,000 in 2020 and recovered to AED 55,125 by October 2022.
- At AED 55,125 a year the gross yield on the 2025 price is 4.2%, before a service charge of about AED 10,500 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: YallaValue analysis of Dubai Land Department records. Updated 5 March 2025.
Questions about 1516, Marquise Square
What did unit 1516 last sell for?
AED 1,325,000 on 5 March 2025: AED 2,149 per sqft for 617 sqft. The unit has 2 registered sales; the first was AED 1,177,156 in December 2018.
What is the rent for unit 1516?
AED 55,125 a year on the contract renewed on 8 October 2022. The previous contract, from October 2021, was AED 52,500; the unit has been rented since October 2019.
How big is unit 1516?
617 sqft (57.3 sqm): a studio on the 15th floor of a 29-storey tower completed in 2019.
What is unit 1516 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 1516, Marquise Square
Starts from the last sale price (AED 1.33M, 5 March 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,325,000
- Deposit, UAE resident (20%)
- AED 265,000
- Deposit, non-resident (40%)
- AED 530,000
- Monthly over 25 years at 3.7%
- AED 5,421
Plus AED 60,660 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →