2-bed · 1,346 sqftMarquise Square, Business Bay · 29th floor · completed 2019

2902, Marquise Square

Sold prices and rental history: sold once, by the developer in March 2022, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2902 · DLD and Ejari recordsUpdated 2 November 2024
Last soldAED 2.37M2 March 2022
Current rentAED 120K /yr2 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2902, Marquise Square

What is 2902 worth today?

Last sold for AED 2,374,430 in 2022

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2 Nov 2024RentedRenewal
AED 120,000/yr12 months · AED 89 per sqft
2 Nov 2023RentedRenewal
AED 115,000/yr12 months · AED 85 per sqft
2 Mar 2022Sold by developerReady
AED 2,374,430AED 1,764 per sqft
2 Nov 2021RentedNew contract
AED 102,000/yr12 months · AED 76 per sqft
2 Sep 2020RentedNew contract
AED 105,000/yr14 months · AED 78 per sqft

Source: Dubai Land Department. Updated 2 November 2024.

Key facts

Type
2-bed apartment
Size
1,346 sqft
Floor
29th of 29
Parking
B1-39
Developer
SRG
Completed
2019
Service charge
AED 22,900 /yr
Last sold
AED 2.37M · March 2022

About 2902, Marquise Square

2902 is a two-bedroom apartment of 1,346 sqft on the 29th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. The developer sold it on 2 March 2022 for AED 2,374,430, or AED 1,764 per sqft, 3% below the AED 1,822 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 2 November 2024, is AED 120,000 a year: a gross yield of 5.1% on the 2022 price, before the service charge of about AED 22,900 a year.

Sales and rents for 2902 over time

Sales
Unit 2902, each saleTypical two-bed in Marquise Square
2.5M3M3.5M2016201920222025Typical 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, March 2022: AED 2,374,430 (AED 1,764 per sqft)

2902 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2902, each contractTypical two-bed in Marquise Square
100K150K20192021202320252027Typical 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, September 2020: AED 105,000 a yearNew contract, November 2021: AED 102,000 a yearRenewal, November 2023: AED 115,000 a yearRenewal, November 2024: AED 120,000 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 2902 sits

All 77 2-beds →

2902 last sold in March 2022 at AED 1,764 per sqft, 3% below what two-beds in Marquise Square were fetching at the time (AED 1,822). 2902's AED 120,000 is at the bottom 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 29th floor

All 413 units in Marquise Square
Value
29013-bedAED 1.92M · Sep 2022
29032-bedAED 2.18M · May 2022
2904AED 2.94M · Aug 2022
29053-bedAED 3.87M · Jan 2022
29062-bedAED 3M · Dec 2024
29082-bedAED 2.48M · Jan 2022

2902, Marquise Square in numbers

  • Sold once: by SRG on 2 March 2022 for AED 2,374,430, or AED 1,764 per sqft.
  • Rented since September 2020 on 4 Ejari contracts, from AED 105,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2022 price is 5.1%, before a service charge of about AED 22,900 a year (AED 16.99 per sqft).

Source: Dubai Land Department. Updated 2 November 2024.

Questions about 2902, Marquise Square

What did unit 2902 last sell for?

AED 2,374,430 on 2 March 2022, sold by the developer: AED 1,764 per sqft for 1,346 sqft. It is the only registered sale of the unit.

What is the rent for unit 2902?

AED 120,000 a year on the contract renewed on 2 November 2024. The previous contract, from November 2023, was AED 115,000; the unit has been rented since September 2020.

How big is unit 2902?

1,346 sqft (125.0 sqm): a two-bedroom apartment on the 29th floor of a 29-storey tower completed in 2019.

What is unit 2902 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 2902, Marquise Square

Starts from the last sale price (AED 2.37M, 2 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,374,430
Deposit, UAE resident (20%)
AED 474,886
Deposit, non-resident (40%)
AED 949,772
Monthly over 25 years at 3.7%
AED 9,715

Plus AED 104,736 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →