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Studio · 516 sqftMarquise Square, Business Bay · 22nd floor · completed 2019

2213, Marquise Square

Sold prices and rental history: sold twice, last in January 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2213 · DLD and Ejari recordsUpdated 12 March 2023
Last soldAED 1.19M20 January 2023
Current rentAED 65K /yr12 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2213, Marquise Square

What is 2213 worth today?

Last sold for AED 1,190,000 in 2023

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12 Mar 2023RentedRenewal
AED 65,000/yr12 months · AED 128 per sqft
20 Jan 2023SoldReady
AED 1,190,000AED 2,304 per sqft
12 Mar 2022RentedNew contract
AED 65,000/yr12 months · AED 126 per sqft
19 Mar 2018Sold by developerOff-plan
AED 1,104,030AED 2,137 per sqft

Source: Dubai Land Department. Updated 12 March 2023.

Key facts

Type
Studio apartment
Size
516 sqft
Floor
22nd of 29
Parking
B3-32
Developer
SRG
Completed
2019
Service charge
AED 8,800 /yr
Last sold
AED 1.19M · January 2023
Building
Marquise Square

About 2213, Marquise Square

2213 is a studio of 516 sqft on the 22nd floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. It last sold on 20 January 2023 for AED 1,190,000, or AED 2,304 per sqft, 25% above the AED 1,850 studios in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 12 March 2023, is AED 65,000 a year: a gross yield of 5.5% on the 2023 price, before the service charge of about AED 8,800 a year.

Sales and rents for 2213 over time

Sales
Unit 2213, 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, March 2018: AED 1,104,030 (AED 2,137 per sqft)Sold, January 2023: AED 1,190,000 (AED 2,304 per sqft)

2213 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2213, 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, March 2022: AED 65,000 a yearRenewal, March 2023: AED 65,000 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 2213 sits

All 230 studios →

2213 last sold in January 2023 at AED 2,304 per sqft, 25% above what studios in Marquise Square were fetching at the time (AED 1,850). 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. 2213's AED 65,000 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
2202StudioAED 876K · Jan 2022
2203StudioAED 975K · Apr 2023
2204StudioAED 991K · Feb 2022
2205StudioAED 1.17M · Aug 2022
2206StudioAED 1.19M · Nov 2021
2207StudioAED 1.05M · Jul 2017
1–7 of 16

2213, Marquise Square in numbers

  • Sold twice: first on 19 March 2018 for AED 1,104,030, last on 20 January 2023 for AED 1,190,000 (AED 2,304 per sqft).
  • Rented since March 2022 on 2 Ejari contracts, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2023 price is 5.5%, before a service charge of about AED 8,800 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 12 March 2023.

Questions about 2213, Marquise Square

What did unit 2213 last sell for?

AED 1,190,000 on 20 January 2023: AED 2,304 per sqft for 516 sqft. The unit has 2 registered sales; the first was AED 1,104,030 in March 2018.

What is the rent for unit 2213?

AED 65,000 a year on the contract renewed on 12 March 2023. The previous contract, from March 2022, was AED 65,000.

How big is unit 2213?

516 sqft (47.9 sqm): a studio on the 22nd floor of a 29-storey tower completed in 2019.

What is unit 2213 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 2213, Marquise Square

Starts from the last sale price (AED 1.19M, 20 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,190,000
Deposit, UAE resident (20%)
AED 238,000
Deposit, non-resident (40%)
AED 476,000
Monthly over 25 years at 3.7%
AED 4,869

Plus AED 54,990 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →