Studio · 613 sqftMarquise Square, Business Bay · 16th floor · completed 2019

1615, Marquise Square

Sold prices and rental history: sold once, by the developer in November 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1615 · DLD and Ejari recordsUpdated 7 June 2025
Last soldAED 1.14M3 November 2016
Current rentAED 85K /yr7 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1615, Marquise Square

What is 1615 worth today?

Last sold for AED 1,136,078 in 2016

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7 Jun 2025RentedRenewal
AED 85,000/yr12 months · AED 139 per sqft
7 Dec 2024RentedRenewal
AED 85,000/yr6 months · AED 139 per sqft
7 Dec 2023RentedNew contract
AED 85,000/yr12 months · AED 139 per sqft
12 Nov 2022RentedRenewal
AED 50,400/yr12 months · AED 82 per sqft
12 Nov 2021RentedRenewal
AED 50,400/yr12 months · AED 82 per sqft
12 Nov 2019RentedNew contract
AED 53,000/yr12 months · AED 86 per sqft
3 Nov 2016Sold by developerOff-plan
AED 1,136,078AED 1,853 per sqft

Source: Dubai Land Department. Updated 7 June 2025.

Key facts

Type
Studio apartment
Size
613 sqft
Floor
16th of 29
Parking
B3-128
Developer
SRG
Completed
2019
Service charge
AED 10,400 /yr
Last sold
AED 1.14M · November 2016

About 1615, Marquise Square

1615 is a studio of 613 sqft on the 16th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. The developer sold it on 3 November 2016 for AED 1,136,078, or AED 1,853 per sqft, in line with the AED 1,836 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 7 June 2025, is AED 85,000 a year: a gross yield of 7.5% on the 2016 price, before the service charge of about AED 10,400 a year.

Sales and rents for 1615 over time

Sales
Unit 1615, each saleTypical studio in Marquise Square
750K1M1.25M2016201920222025Typical sale price by year: 2016 AED 985,254; 2017 AED 969,417; 2018 AED 1,022,160; 2019 AED 1,115,134; 2020 AED 751,363; 2021 AED 830,000; 2022 AED 992,888; 2023 AED 965,000; 2024 AED 1,170,000; 2025 AED 1,200,000; 2026 AED 1,200,000Sold by developer, November 2016: AED 1,136,078 (AED 1,853 per sqft)

1615 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1615, each contractTypical studio in Marquise Square
60K80K20192021202320252027Typical rent by year: 2019 AED 55,000; 2020 AED 50,000; 2021 AED 50,000; 2022 AED 55,000; 2023 AED 67,500; 2024 AED 75,000; 2025 AED 80,000; 2026 AED 82,000New contract, November 2019: AED 53,000 a yearRenewal, November 2021: AED 50,400 a yearRenewal, November 2022: AED 50,400 a yearNew contract, December 2023: AED 85,000 a yearRenewal, December 2024: AED 85,000 a yearRenewal, June 2025: AED 85,000 a year

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 1615 sits

All 230 studios →

1615 last sold in November 2016 at AED 1,853 per sqft, in line with what studios in Marquise Square were fetching at the time (AED 1,836). 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. 1615's AED 85,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
30 Jan 20261,160,000
19 Jan 20261,148,000
14 Jan 20261,200,000
12 Jan 20261,200,000
7 studio sales 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 16th floor

All 413 units in Marquise Square
Value
16012-bedAED 2.9M · Nov 2023
1602StudioAED 953K · Oct 2016
1603StudioAED 927K · May 2023
1604StudioAED 975K · Mar 2022
1605StudioAED 1.05M · Nov 2021
1606StudioAED 1.27M · Jan 2026
1607StudioAED 1.05M · Jun 2018
1–7 of 16

1615, Marquise Square in numbers

  • Sold once: by SRG on 3 November 2016 for AED 1,136,078, or AED 1,853 per sqft.
  • Rented since November 2019 on 6 Ejari contracts, from AED 53,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2016 price is 7.5%, before a service charge of about AED 10,400 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 7 June 2025.

Questions about 1615, Marquise Square

What did unit 1615 last sell for?

AED 1,136,078 on 3 November 2016, sold by the developer: AED 1,853 per sqft for 613 sqft. It is the only registered sale of the unit.

What is the rent for unit 1615?

AED 85,000 a year on the contract renewed on 7 June 2025. The previous contract, from December 2024, was AED 85,000; the unit has been rented since November 2019.

How big is unit 1615?

613 sqft (56.9 sqm): a studio on the 16th floor of a 29-storey tower completed in 2019.

What is unit 1615 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 1615, Marquise Square

Starts from the last sale price (AED 1.14M, 3 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,136,078
Deposit, UAE resident (20%)
AED 227,216
Deposit, non-resident (40%)
AED 454,431
Monthly over 25 years at 3.7%
AED 4,648

Plus AED 52,725 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →