Studio · 486 sqftMarquise Square, Business Bay · 22nd floor · completed 2019

2202, Marquise Square

Sold prices and rental history: sold once, by the developer in January 2022, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2202 · DLD and Ejari recordsUpdated 11 October 2024
Last soldAED 876K18 January 2022
Current rentAED 75K /yr11 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2202, Marquise Square

What is 2202 worth today?

Last sold for AED 875,888 in 2022

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11 Oct 2024RentedRenewal
AED 75,000/yr12 months · AED 154 per sqft
11 Oct 2023RentedNew contract
AED 75,000/yr12 months · AED 154 per sqft
4 Sep 2022RentedNew contract
AED 52,000/yr12 months · AED 107 per sqft
18 Jan 2022Sold by developerReady
AED 875,888AED 1,803 per sqft
4 Aug 2021RentedNew contract
AED 48,000/yr13 months · AED 99 per sqft
4 Aug 2021RentedNew contract
AED 48,000/yr13 months · AED 99 per sqft

Source: Dubai Land Department. Updated 11 October 2024.

Key facts

Type
Studio apartment
Size
486 sqft
Floor
22nd of 29
Parking
B3-76
Developer
SRG
Completed
2019
Service charge
AED 8,300 /yr
Last sold
AED 876K · January 2022

About 2202, Marquise Square

2202 is a studio of 486 sqft on the 22nd floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. The developer sold it on 18 January 2022 for AED 875,888, or AED 1,803 per sqft, in line with the AED 1,782 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 11 October 2024, is AED 75,000 a year: a gross yield of 8.6% on the 2022 price, before the service charge of about AED 8,300 a year.

Sales and rents for 2202 over time

Sales
Unit 2202, 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, January 2022: AED 875,888 (AED 1,803 per sqft)

2202 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2202, 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, August 2021: AED 48,000 a yearNew contract, August 2021: AED 48,000 a yearNew contract, September 2022: AED 52,000 a yearNew contract, October 2023: AED 75,000 a yearRenewal, October 2024: AED 75,000 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 2202 sits

All 230 studios →

2202 last sold in January 2022 at AED 1,803 per sqft, in line with what studios in Marquise Square were fetching at the time (AED 1,782). 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. 2202's AED 75,000 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 22nd floor

All 413 units in Marquise Square
Value
22012-bedAED 2.83M · Jun 2022
2203StudioAED 975K · Apr 2023
2204StudioAED 991K · Feb 2022
2205StudioAED 1.17M · Aug 2022
2206StudioAED 1.19M · Nov 2021
2207StudioAED 1.05M · Jul 2017
2208StudioAED 1.09M · Mar 2022
1–7 of 16

2202, Marquise Square in numbers

  • Sold once: by SRG on 18 January 2022 for AED 875,888, or AED 1,803 per sqft.
  • Rented since August 2021 on 5 Ejari contracts, from AED 48,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2022 price is 8.6%, before a service charge of about AED 8,300 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 11 October 2024.

Questions about 2202, Marquise Square

What did unit 2202 last sell for?

AED 875,888 on 18 January 2022, sold by the developer: AED 1,803 per sqft for 486 sqft. It is the only registered sale of the unit.

What is the rent for unit 2202?

AED 75,000 a year on the contract renewed on 11 October 2024. The previous contract, from October 2023, was AED 75,000; the unit has been rented since August 2021.

How big is unit 2202?

486 sqft (45.2 sqm): a studio on the 22nd floor of a 29-storey tower completed in 2019.

What is unit 2202 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 2202, Marquise Square

Starts from the last sale price (AED 876K, 18 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 875,888
Deposit, UAE resident (20%)
AED 175,178
Deposit, non-resident (40%)
AED 350,355
Monthly over 25 years at 3.7%
AED 3,584

Plus AED 41,798 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →