Studio · 657 sqftMarquise Square, Business Bay · 18th floor · completed 2019

1815, Marquise Square

Sold prices and rental history: sold once, by the developer in November 2016, and rented once, from June 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1815 · DLD and Ejari recordsUpdated 25 June 2020
Last soldAED 1.14M15 November 2016
Current rentAED 50K /yr25 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1815, Marquise Square

What is 1815 worth today?

Last sold for AED 1,137,815 in 2016

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25 Jun 2020RentedNew contract
AED 50,000/yr12 months · AED 76 per sqft
15 Nov 2016Sold by developerOff-plan
AED 1,137,815AED 1,731 per sqft

Source: Dubai Land Department. Updated 25 June 2020.

Key facts

Type
Studio apartment
Size
657 sqft
Floor
18th of 29
Parking
B3-34
Developer
SRG
Completed
2019
Service charge
AED 11,200 /yr
Last sold
AED 1.14M · November 2016

About 1815, Marquise Square

1815 is a studio of 657 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 15 November 2016 for AED 1,137,815, or AED 1,731 per sqft, 6% below the AED 1,835 studios in the building were fetching at the time.

One Ejari contract is registered, from 25 June 2020. The current contract, signed on 25 June 2020, is AED 50,000 a year: a gross yield of 4.4% on the 2016 price, before the service charge of about AED 11,200 a year.

Sales and rents for 1815 over time

Sales
Unit 1815, 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 1,137,815 (AED 1,731 per sqft)

1815 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1815, 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, June 2020: AED 50,000 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 1815 sits

All 230 studios →

1815 last sold in November 2016 at AED 1,731 per sqft, 6% below what studios in Marquise Square were fetching at the time (AED 1,835). 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. 1815's AED 50,000 is at the bottom 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

1815, Marquise Square in numbers

  • Sold once: by SRG on 15 November 2016 for AED 1,137,815, or AED 1,731 per sqft.
  • Rented since June 2020 on one Ejari contract, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2016 price is 4.4%, before a service charge of about AED 11,200 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 25 June 2020.

Questions about 1815, Marquise Square

What did unit 1815 last sell for?

AED 1,137,815 on 15 November 2016, sold by the developer: AED 1,731 per sqft for 657 sqft. It is the only registered sale of the unit.

What is the rent for unit 1815?

AED 50,000 a year on the contract signed on 25 June 2020.

How big is unit 1815?

657 sqft (61.0 sqm): a studio on the 18th floor of a 29-storey tower completed in 2019.

What is unit 1815 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 1815, Marquise Square

Starts from the last sale price (AED 1.14M, 15 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,137,815
Deposit, UAE resident (20%)
AED 227,563
Deposit, non-resident (40%)
AED 455,126
Monthly over 25 years at 3.7%
AED 4,655

Plus AED 52,799 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →