Studio · 649 sqftMarquise Square, Business Bay · 17th floor · completed 2019

1707, Marquise Square

Sold prices and rental history: sold once, by the developer in November 2023, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1707 · DLD and Ejari recordsUpdated 1 November 2023
Last soldAED 800K1 November 2023
Current rentAED 61K /yr11 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1707, Marquise Square

What is 1707 worth today?

Last sold for AED 800,000 in 2023

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1 Nov 2023Sold by developerReady
AED 800,000AED 1,232 per sqft
11 Feb 2023RentedNew contract
AED 61,000/yr12 months · AED 94 per sqft
11 Feb 2022RentedNew contract
AED 58,000/yr12 months · AED 90 per sqft
25 Oct 2019RentedNew contract
AED 55,000/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 1 November 2023.

Key facts

Type
Studio apartment
Size
649 sqft
Floor
17th of 29
Parking
B3-78
Developer
SRG
Completed
2019
Service charge
AED 11,000 /yr
Last sold
AED 800K · November 2023

About 1707, Marquise Square

1707 is a studio of 649 sqft on the 17th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. The developer sold it on 1 November 2023 for AED 800,000, or AED 1,232 per sqft, 25% below the AED 1,651 studios in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 11 February 2023, is AED 61,000 a year: a gross yield of 7.6% on the 2023 price, before the service charge of about AED 11,000 a year.

Sales and rents for 1707 over time

Sales
Unit 1707, 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 2023: AED 800,000 (AED 1,232 per sqft)

1707 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1707, 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, October 2019: AED 55,000 a yearNew contract, February 2022: AED 58,000 a yearNew contract, February 2023: AED 61,000 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 1707 sits

All 230 studios →

1707 last sold in November 2023 at AED 1,232 per sqft, 25% below what studios in Marquise Square were fetching at the time (AED 1,651). 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. 1707's AED 61,000 is in the lower 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 17th floor

All 413 units in Marquise Square
Value
17012-bedAED 2.76M · Jun 2022
1702StudioAED 944K · Sep 2016
1703AED 1.1M · Aug 2025
1704AED 1.11M · Aug 2025
1705StudioAED 1.16M · Jan 2026
1706StudioAED 979K · May 2017
17091-bedAED 1.37M · Nov 2017
1–7 of 15

1707, Marquise Square in numbers

  • Sold once: by SRG on 1 November 2023 for AED 800,000, or AED 1,232 per sqft.
  • Rented since October 2019 on 3 Ejari contracts, from AED 55,000 to AED 61,000 a year.
  • At AED 61,000 a year the gross yield on the 2023 price is 7.6%, before a service charge of about AED 11,000 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 1 November 2023.

Questions about 1707, Marquise Square

What did unit 1707 last sell for?

AED 800,000 on 1 November 2023, sold by the developer: AED 1,232 per sqft for 649 sqft. It is the only registered sale of the unit.

What is the rent for unit 1707?

AED 61,000 a year on the contract signed on 11 February 2023. The previous contract, from February 2022, was AED 58,000; the unit has been rented since October 2019.

How big is unit 1707?

649 sqft (60.3 sqm): a studio on the 17th floor of a 29-storey tower completed in 2019.

What is unit 1707 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 1707, Marquise Square

Starts from the last sale price (AED 800K, 1 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

Plus AED 38,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →