3-bed · 2,146 sqftMarquise Square, Business Bay · 24th floor · completed 2019

2401, Marquise Square

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

Unit 2401 · DLD and Ejari recordsUpdated 26 August 2024
Last soldAED 3.6M26 August 2024
Current rentAED 275K /yr13 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2401, Marquise Square

What is 2401 worth today?

Last sold for AED 3,600,000 in 2024

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26 Aug 2024SoldReady
AED 3,600,000AED 1,677 per sqft
13 Dec 2023RentedNew contract
AED 275,000/yr12 months · AED 128 per sqft
16 Dec 2022RentedNew contract
AED 150,000/yr9 months · AED 70 per sqft
12 Sep 2022Sold by developerReady
AED 3,718,194AED 1,732 per sqft
16 Oct 2021RentedNew contract
AED 150,000/yr14 months · AED 70 per sqft
16 Jul 2020RentedNew contract
AED 145,000/yr14 months · AED 68 per sqft

Source: Dubai Land Department. Updated 26 August 2024.

Key facts

Type
3-bed apartment
Size
2,146 sqft
Floor
24th of 29
Parking
B1-182, B1-183
Developer
SRG
Completed
2019
Service charge
AED 36,500 /yr
Last sold
AED 3.6M · August 2024

About 2401, Marquise Square

2401 is a three-bedroom apartment of 2,146 sqft on the 24th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. It last sold on 26 August 2024 for AED 3,600,000, or AED 1,677 per sqft, 5% below the AED 1,757 three-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 13 December 2023, is AED 275,000 a year: a gross yield of 7.6% on the 2024 price, before the service charge of about AED 36,500 a year.

Sales and rents for 2401 over time

Sales
Unit 2401, each saleTypical three-bed in Marquise Square
3.6M3.7M2022202320242025Typical sale price by year: 2022 AED 3,722,944; 2024 AED 3,650,000Sold by developer, September 2022: AED 3,718,194 (AED 1,732 per sqft)Sold, August 2024: AED 3,600,000 (AED 1,677 per sqft)

2401 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2401, each contractTypical three-bed in Marquise Square
200K202020222024Typical rent by year: 2020 AED 145,000; 2021 AED 146,500; 2022 AED 150,000; 2023 AED 215,000; 2024 AED 210,000New contract, July 2020: AED 145,000 a yearNew contract, October 2021: AED 150,000 a yearNew contract, December 2022: AED 150,000 a yearNew contract, December 2023: AED 275,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Marquise Square, and where 2401 sits

All 15 3-beds →

2401 last sold in August 2024 at AED 1,677 per sqft, 5% below what three-beds in Marquise Square were fetching at the time (AED 1,757).

Recent 3-bed salesUnit no.Price (AED)Summary
22 May 20254,092,911
12 Jul 20243,700,000
6 May 20244,200,000
29 Jan 20243,000,000
0 3-bed 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 24th floor

All 413 units in Marquise Square
Value
24022-bedAED 2.2M · Jan 2024
24032-bedAED 2.23M · May 2022
2404AED 3.05M · Aug 2025
24053-bedAED 3.64M · Nov 2016
24062-bedAED 3.1M · Oct 2024
24072-bedAED 2.12M · Nov 2021
24082-bedAED 2.44M · Nov 2016

2401, Marquise Square in numbers

  • Sold twice: first on 12 September 2022 for AED 3,718,194, last on 26 August 2024 for AED 3,600,000 (AED 1,677 per sqft).
  • Rented since July 2020 on 4 Ejari contracts, from AED 145,000 to AED 275,000 a year.
  • At AED 275,000 a year the gross yield on the 2024 price is 7.6%, before a service charge of about AED 36,500 a year (AED 16.99 per sqft).

Source: Dubai Land Department. Updated 26 August 2024.

Questions about 2401, Marquise Square

What did unit 2401 last sell for?

AED 3,600,000 on 26 August 2024: AED 1,677 per sqft for 2,146 sqft. The unit has 2 registered sales; the first was AED 3,718,194 in September 2022.

What is the rent for unit 2401?

AED 275,000 a year on the contract signed on 13 December 2023. The previous contract, from December 2022, was AED 150,000; the unit has been rented since July 2020.

How big is unit 2401?

2,146 sqft (199.4 sqm): a three-bedroom apartment on the 24th floor of a 29-storey tower completed in 2019.

What is unit 2401 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 2401, Marquise Square

Starts from the last sale price (AED 3.6M, 26 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,600,000
Deposit, UAE resident (20%)
AED 720,000
Deposit, non-resident (40%)
AED 1,440,000
Monthly over 25 years at 3.7%
AED 14,729

Plus AED 156,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →