Studio · 515 sqftMarquise Square, Business Bay · 18th floor · completed 2019

1812, Marquise Square

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

Unit 1812 · DLD and Ejari recordsUpdated 24 June 2024
Last soldAED 985K28 September 2016
Current rentAED 85K /yr24 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1812, Marquise Square

What is 1812 worth today?

Last sold for AED 985,254 in 2016

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24 Jun 2024RentedNew contract
AED 85,000/yr12 months · AED 165 per sqft
5 Dec 2020RentedNew contract
AED 45,000/yr12 months · AED 87 per sqft
1 Sep 2019RentedNew contract
AED 52,000/yr12 months · AED 101 per sqft
28 Sep 2016Sold by developerOff-plan
AED 985,254AED 1,913 per sqft

Source: Dubai Land Department. Updated 24 June 2024.

Key facts

Type
Studio apartment
Size
515 sqft
Floor
18th of 29
Parking
B3-27
Developer
SRG
Completed
2019
Service charge
AED 8,700 /yr
Last sold
AED 985K · September 2016

About 1812, Marquise Square

1812 is a studio of 515 sqft on the 18th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. The developer sold it on 28 September 2016 for AED 985,254, or AED 1,913 per sqft, in line with the AED 1,909 studios in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 24 June 2024, is AED 85,000 a year: a gross yield of 8.6% on the 2016 price, before the service charge of about AED 8,700 a year.

Sales and rents for 1812 over time

Sales
Unit 1812, 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, September 2016: AED 985,254 (AED 1,913 per sqft)

1812 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1812, each contractTypical studio in Marquise Square
40K60K80K20192021202320252027Typical 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, September 2019: AED 52,000 a yearNew contract, December 2020: AED 45,000 a yearNew contract, June 2024: 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 1812 sits

All 230 studios →

1812 last sold in September 2016 at AED 1,913 per sqft, in line with what studios in Marquise Square were fetching at the time (AED 1,909). 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. 1812'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 18th floor

All 413 units in Marquise Square
Value
18012-bedAED 2.84M · Jul 2022
1802StudioAED 900K · Oct 2023
1803StudioAED 800K · Jan 2025
1804StudioAED 765K · Jan 2022
1805StudioAED 1.2M · Jan 2026
1806StudioAED 80K · Nov 2024
1807StudioAED 1.03M · Apr 2018
1–7 of 15

1812, Marquise Square in numbers

  • Sold once: by SRG on 28 September 2016 for AED 985,254, or AED 1,913 per sqft.
  • Rented since September 2019 on 3 Ejari contracts. The rent fell from AED 52,000 to AED 45,000 in 2020 and recovered to AED 85,000 by June 2024.
  • At AED 85,000 a year the gross yield on the 2016 price is 8.6%, before a service charge of about AED 8,700 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 24 June 2024.

Questions about 1812, Marquise Square

What did unit 1812 last sell for?

AED 985,254 on 28 September 2016, sold by the developer: AED 1,913 per sqft for 515 sqft. It is the only registered sale of the unit.

What is the rent for unit 1812?

AED 85,000 a year on the contract signed on 24 June 2024. The previous contract, from December 2020, was AED 45,000; the unit has been rented since September 2019.

How big is unit 1812?

515 sqft (47.8 sqm): a studio on the 18th floor of a 29-storey tower completed in 2019.

What is unit 1812 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 1812, Marquise Square

Starts from the last sale price (AED 985K, 28 September 2016). Switch to today's estimate once you have unlocked it.
Price
AED 985,254
Deposit, UAE resident (20%)
AED 197,051
Deposit, non-resident (40%)
AED 394,102
Monthly over 25 years at 3.7%
AED 4,031

Plus AED 46,391 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →