Studio · 516 sqftMarquise Square, Business Bay · 23rd floor · completed 2019

2304, Marquise Square

Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2304 · DLD and Ejari recordsUpdated 25 October 2024
Last soldAED 1.08M25 October 2024
Current rentAED 60K /yr6 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2304, Marquise Square

What is 2304 worth today?

Last sold for AED 1,075,000 in 2024

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25 Oct 2024SoldReady
AED 1,075,000AED 2,081 per sqft
6 Jul 2023RentedRenewal
AED 60,000/yr12 months · AED 116 per sqft
6 Jul 2022RentedNew contract
AED 53,000/yr12 months · AED 103 per sqft
17 Feb 2022Sold by developerReady
AED 992,888AED 1,922 per sqft
6 Jul 2021RentedNew contract
AED 46,000/yr12 months · AED 89 per sqft
6 Jun 2020RentedNew contract
AED 120,000/yr13 months · AED 232 per sqft
6 Jun 2020RentedNew contract
AED 50,000/yr13 months · AED 97 per sqft

Source: Dubai Land Department. Updated 25 October 2024.

Key facts

Type
Studio apartment
Size
516 sqft
Floor
23rd of 29
Parking
B3-167
Developer
SRG
Completed
2019
Service charge
AED 8,800 /yr
Last sold
AED 1.08M · October 2024

About 2304, Marquise Square

2304 is a studio of 516 sqft on the 23rd floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. It last sold on 25 October 2024 for AED 1,075,000, or AED 2,081 per sqft, 5% above the AED 1,991 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 6 July 2023, is AED 60,000 a year: a gross yield of 5.6% on the 2024 price, before the service charge of about AED 8,800 a year.

Sales and rents for 2304 over time

Sales
Unit 2304, 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, February 2022: AED 992,888 (AED 1,922 per sqft)Sold, October 2024: AED 1,075,000 (AED 2,081 per sqft)

2304 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2304, each contractTypical studio in Marquise Square
50K100K20192021202320252027Typical 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 120,000 a yearNew contract, June 2020: AED 50,000 a yearNew contract, July 2021: AED 46,000 a yearNew contract, July 2022: AED 53,000 a yearRenewal, July 2023: AED 60,000 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 2304 sits

All 230 studios →

2304 last sold in October 2024 at AED 2,081 per sqft, 5% above what studios in Marquise Square were fetching at the time (AED 1,991). 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. 2304's AED 60,000 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 23rd floor

All 413 units in Marquise Square
Value
23012-bedAED 2.97M · Jul 2022
2302StudioAED 876K · Jan 2022
2303StudioAED 975K · Jun 2024
2305StudioAED 1.17M · Dec 2021
2306StudioAED 1.22M · Apr 2022
2307StudioAED 1.23M · Jul 2025
2308StudioAED 1.15M · May 2024
1–7 of 16

2304, Marquise Square in numbers

  • Sold twice: first on 17 February 2022 for AED 992,888, last on 25 October 2024 for AED 1,075,000 (AED 2,081 per sqft).
  • Rented since June 2020 on 5 Ejari contracts, from AED 50,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2024 price is 5.6%, 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 25 October 2024.

Questions about 2304, Marquise Square

What did unit 2304 last sell for?

AED 1,075,000 on 25 October 2024: AED 2,081 per sqft for 516 sqft. The unit has 2 registered sales; the first was AED 992,888 in February 2022.

What is the rent for unit 2304?

AED 60,000 a year on the contract renewed on 6 July 2023. The previous contract, from July 2022, was AED 53,000; the unit has been rented since June 2020.

How big is unit 2304?

516 sqft (47.9 sqm): a studio on the 23rd floor of a 29-storey tower completed in 2019.

What is unit 2304 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 2304, Marquise Square

Starts from the last sale price (AED 1.08M, 25 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,075,000
Deposit, UAE resident (20%)
AED 215,000
Deposit, non-resident (40%)
AED 430,000
Monthly over 25 years at 3.7%
AED 4,398

Plus AED 50,160 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →