Studio · 486 sqftMarquise Square, Business Bay · 20th floor · completed 2019

2002, Marquise Square

Sold prices and rental history: sold twice, last in January 2020, and rented once, from May 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2002 · DLD and Ejari recordsUpdated 6 May 2022
Last soldAED 1.05M16 January 2020
Current rentAED 57K /yr6 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2002, Marquise Square

What is 2002 worth today?

Last sold for AED 1,045,196 in 2020

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6 May 2022RentedNew contract
AED 57,000/yr12 months · AED 117 per sqft
16 Jan 2020SoldReady
AED 1,045,196AED 2,152 per sqft
11 Dec 2018Sold by developerOff-plan
AED 1,045,196AED 2,152 per sqft

Source: Dubai Land Department. Updated 6 May 2022.

Key facts

Type
Studio apartment
Size
486 sqft
Floor
20th of 29
Parking
B3-72
Developer
SRG
Completed
2019
Service charge
AED 8,200 /yr
Last sold
AED 1.05M · January 2020

About 2002, Marquise Square

2002 is a studio of 486 sqft on the 20th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. It last sold on 16 January 2020 for AED 1,045,196, or AED 2,152 per sqft, 16% above the AED 1,857 studios in the building were fetching at the time.

One Ejari contract is registered, from 6 May 2022. The current contract, signed on 6 May 2022, is AED 57,000 a year: a gross yield of 5.5% on the 2020 price, before the service charge of about AED 8,200 a year.

Sales and rents for 2002 over time

Sales
Unit 2002, 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, December 2018: AED 1,045,196 (AED 2,152 per sqft)Sold, January 2020: AED 1,045,196 (AED 2,152 per sqft)

2002 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2002, 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, May 2022: AED 57,000 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 2002 sits

All 230 studios →

2002 last sold in January 2020 at AED 2,152 per sqft, 16% above what studios in Marquise Square were fetching at the time (AED 1,857). 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. 2002's AED 57,000 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 20th floor

All 413 units in Marquise Square
Value
20012-bedAED 2.79M · Apr 2022
2003StudioAED 1M · Jul 2024
2004StudioAED 1.15M · Feb 2025
2005StudioAED 1.14M · Aug 2022
2006StudioAED 1.19M · May 2022
2007StudioAED 1.06M · Jan 2019
2008AED 1.16M · May 2022
1–7 of 16

2002, Marquise Square in numbers

  • Sold twice: first on 11 December 2018 for AED 1,045,196, last on 16 January 2020 for AED 1,045,196 (AED 2,152 per sqft).
  • Rented since May 2022 on one Ejari contract, at AED 57,000 a year.
  • At AED 57,000 a year the gross yield on the 2020 price is 5.5%, before a service charge of about AED 8,200 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 6 May 2022.

Questions about 2002, Marquise Square

What did unit 2002 last sell for?

AED 1,045,196 on 16 January 2020: AED 2,152 per sqft for 486 sqft. The unit has 2 registered sales; the first was AED 1,045,196 in December 2018.

What is the rent for unit 2002?

AED 57,000 a year on the contract signed on 6 May 2022.

How big is unit 2002?

486 sqft (45.2 sqm): a studio on the 20th floor of a 29-storey tower completed in 2019.

What is unit 2002 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 2002, Marquise Square

Starts from the last sale price (AED 1.05M, 16 January 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,045,196
Deposit, UAE resident (20%)
AED 209,039
Deposit, non-resident (40%)
AED 418,078
Monthly over 25 years at 3.7%
AED 4,276

Plus AED 48,908 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →