2-bed · 1,166 sqftMarquise Square, Business Bay · 24th floor · completed 2019

2407, Marquise Square

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

Unit 2407 · DLD and Ejari recordsUpdated 25 October 2024
Last soldAED 2.12M28 November 2021
Current rentAED 220K /yr25 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2407, Marquise Square

What is 2407 worth today?

Last sold for AED 2,124,888 in 2021

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25 Oct 2024RentedNew contract
AED 220,000/yr12 months · AED 189 per sqft
1 Oct 2023RentedNew contract
AED 195,000/yr12 months · AED 168 per sqft
8 Aug 2022RentedNew contract
AED 185,000/yr12 months · AED 159 per sqft
28 Nov 2021Sold by developerReady
AED 2,124,888AED 1,821 per sqft
6 Jan 2021RentedNew contract
AED 103,500/yr26 months · AED 89 per sqft

Source: Dubai Land Department. Updated 25 October 2024.

Key facts

Type
2-bed apartment
Size
1,166 sqft
Floor
24th of 29
Parking
B1-44
Developer
SRG
Completed
2019
Service charge
AED 19,800 /yr
Last sold
AED 2.12M · November 2021

About 2407, Marquise Square

2407 is a two-bedroom apartment of 1,166 sqft on the 24th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. The developer sold it on 28 November 2021 for AED 2,124,888, or AED 1,821 per sqft, in line with the AED 1,806 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 25 October 2024, is AED 220,000 a year: a gross yield of 10.3% on the 2021 price, before the service charge of about AED 19,800 a year.

Sales and rents for 2407 over time

Sales
Unit 2407, each saleTypical two-bed in Marquise Square
2M3M2016201920222025Typical sale price by year: 2016 AED 2,500,552; 2020 AED 2,600,188; 2021 AED 2,517,444; 2022 AED 2,704,691; 2023 AED 2,900,000; 2024 AED 2,880,000; 2025 AED 3,400,000Sold by developer, November 2021: AED 2,124,888 (AED 1,821 per sqft)

2407 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2407, each contractTypical two-bed in Marquise Square
100K200K20192021202320252027Typical rent by year: 2019 AED 120,000; 2020 AED 105,000; 2021 AED 102,000; 2022 AED 110,000; 2023 AED 120,000; 2024 AED 150,000; 2025 AED 155,000; 2026 AED 175,000New contract, January 2021: AED 103,500 a yearNew contract, August 2022: AED 185,000 a yearNew contract, October 2023: AED 195,000 a yearNew contract, October 2024: AED 220,000 a year

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

2-beds in Marquise Square, and where 2407 sits

All 77 2-beds →

2407 last sold in November 2021 at AED 1,821 per sqft, in line with what two-beds in Marquise Square were fetching at the time (AED 1,806). 2407's AED 220,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Apr 20253,450,000
7 Mar 20253,400,000
18 Feb 20253,000,000
30 Dec 20243,000,000
0 2-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
24013-bedAED 3.6M · Aug 2024
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
24082-bedAED 2.44M · Nov 2016

2407, Marquise Square in numbers

  • Sold once: by SRG on 28 November 2021 for AED 2,124,888, or AED 1,821 per sqft.
  • Rented since January 2021 on 4 Ejari contracts, from AED 103,500 to AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2021 price is 10.3%, before a service charge of about AED 19,800 a year (AED 16.99 per sqft).

Source: Dubai Land Department. Updated 25 October 2024.

Questions about 2407, Marquise Square

What did unit 2407 last sell for?

AED 2,124,888 on 28 November 2021, sold by the developer: AED 1,821 per sqft for 1,166 sqft. It is the only registered sale of the unit.

What is the rent for unit 2407?

AED 220,000 a year on the contract signed on 25 October 2024. The previous contract, from October 2023, was AED 195,000; the unit has been rented since January 2021.

How big is unit 2407?

1,166 sqft (108.3 sqm): a two-bedroom apartment on the 24th floor of a 29-storey tower completed in 2019.

What is unit 2407 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 2407, Marquise Square

Starts from the last sale price (AED 2.12M, 28 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,124,888
Deposit, UAE resident (20%)
AED 424,978
Deposit, non-resident (40%)
AED 849,955
Monthly over 25 years at 3.7%
AED 8,694

Plus AED 94,256 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →