1603, Marquise Square
Sold prices and rental history: sold twice, last in May 2023, 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 1603, Marquise Square
What is 1603 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 27 March 2025.
Key facts
- Type
- Studio apartment
- Size
- 486 sqft
- Floor
- 16th of 29
- Parking
- B3-63
- Developer
- SRG
- Completed
- 2019
- Service charge
- AED 8,300 /yr
- Last sold
- AED 927K · May 2023
- Building
- Marquise Square
About 1603, Marquise Square
1603 is a studio of 486 sqft on the 16th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. It last sold on 4 May 2023 for AED 927,000, or AED 1,908 per sqft, 6% above the AED 1,808 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 27 March 2025, is AED 75,000 a year: a gross yield of 8.1% on the 2023 price, before the service charge of about AED 8,300 a year.
Sales and rents for 1603 over time
1603 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 1603 sits
All 230 studios →1603 last sold in May 2023 at AED 1,908 per sqft, 6% above what studios in Marquise Square were fetching at the time (AED 1,808). 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. 1603'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 16th floor
All 413 units in Marquise Square| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,659 sqft | AED 2.9MAED 2,900,000 · Nov 2023November 2023 | 200,000 /yr | |
| 1602 | Studio | 486 sqft | AED 953KAED 953,426 · Oct 2016October 2016 | 80,000 /yr | |
| 1604 | Studio | 516 sqft | AED 975KAED 974,888 · Mar 2022March 2022 | 73,500 /yr | |
| 1605 | Studio | 587 sqft | AED 1.05MAED 1,046,888 · Nov 2021November 2021 | 80,000 /yr | |
| 1606 | Studio | 612 sqft | AED 1.27MAED 1,270,000 · Jan 2026January 2026 | 80,000 /yr | |
| 1607 | Studio | 648 sqft | AED 1.05MAED 1,050,567 · Jun 2018June 2018 | 84,000 /yr | |
| 1608 | Studio | 569 sqft | AED 1.03MAED 1,026,667 · Jun 2018June 2018 | 75,000 /yr | |
| 1609 | 1-bed | 834 sqft | AED 1.6MAED 1,600,000 · Jan 2025January 2025 | 50,000 /yr | |
| 1610 | 2-bed | 1,583 sqft | AED 2.3MAED 2,300,000 · Sep 2018September 2018 | 195,000 /yr | |
| 1611 | 1-bed | 930 sqft | AED 1.85MAED 1,850,000 · Jan 2023January 2023 | ||
| 1612 | Studio | 515 sqft | AED 1.08MAED 1,076,103 · Sep 2016September 2016 | 80,000 /yr | |
| 1613 | Studio | 516 sqft | AED 1.03MAED 1,033,888 · Mar 2022March 2022 | 57,000 /yr | |
| 1614 | Studio | 616 sqft | AED 538KAED 537,500 · Nov 2022November 2022 | ||
| 1615 | Studio | 613 sqft | AED 1.14MAED 1,136,078 · Nov 2016November 2016 | 85,000 /yr | |
| 1616 | Studio | 617 sqft | AED 1.11MAED 1,107,011 · Oct 2016October 2016 | 80,000 /yr | |
| 1617 | 1-bed | 726 sqft | AED 1.3MAED 1,300,000 · Nov 2022November 2022 | 120,000 /yr |
1603, Marquise Square in numbers
- Sold twice: first on 6 August 2018 for AED 967,906, last on 4 May 2023 for AED 927,000 (AED 1,908 per sqft).
- Rented since January 2020 on 6 Ejari contracts, from AED 48,000 to AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2023 price is 8.1%, 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: YallaValue analysis of Dubai Land Department records. Updated 27 March 2025.
Questions about 1603, Marquise Square
What did unit 1603 last sell for?
AED 927,000 on 4 May 2023: AED 1,908 per sqft for 486 sqft. The unit has 2 registered sales; the first was AED 967,906 in August 2018.
What is the rent for unit 1603?
AED 75,000 a year on the contract renewed on 27 March 2025. The previous contract, from March 2025, was AED 75,000; the unit has been rented since January 2020.
How big is unit 1603?
486 sqft (45.2 sqm): a studio on the 16th floor of a 29-storey tower completed in 2019.
What is unit 1603 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 1603, Marquise Square
Starts from the last sale price (AED 927K, 4 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 927,000
- Deposit, UAE resident (20%)
- AED 185,400
- Deposit, non-resident (40%)
- AED 370,800
- Monthly over 25 years at 3.7%
- AED 3,793
Plus AED 43,944 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →