Studio · 484 sqftMarquise Square, Business Bay · 3rd floor · completed 2019

302, Marquise Square

Sold prices and rental history: sold twice, last in July 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 19 July 2023
Last soldAED 800K19 July 2023
Current rentAED 58K /yr1 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Marquise Square

What is 302 worth today?

Last sold for AED 800,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

19 Jul 2023SoldReady
AED 800,000AED 1,651 per sqft
1 Aug 2022RentedNew contract
AED 58,000/yr12 months · AED 120 per sqft
21 Feb 2022Sold by developerReady
AED 893,888AED 1,845 per sqft
1 Jun 2021RentedNew contract
AED 40,000/yr13 months · AED 83 per sqft
1 May 2020RentedNew contract
AED 45,000/yr12 months · AED 93 per sqft

Source: Dubai Land Department. Updated 19 July 2023.

Key facts

Type
Studio apartment
Size
484 sqft
Floor
3rd of 29
Parking
B3-113
Developer
SRG
Completed
2019
Service charge
AED 8,200 /yr
Last sold
AED 800K · July 2023

About 302, Marquise Square

302 is a studio of 484 sqft on the 3rd floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. It last sold on 19 July 2023 for AED 800,000, or AED 1,651 per sqft, 5% below the AED 1,747 studios in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 1 August 2022, is AED 58,000 a year: a gross yield of 7.2% on the 2023 price, before the service charge of about AED 8,200 a year.

Sales and rents for 302 over time

Sales
Unit 302, 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 893,888 (AED 1,845 per sqft)Sold, July 2023: AED 800,000 (AED 1,651 per sqft)

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

Rents
Unit 302, each contractTypical studio in Marquise Square
40K60K80K20192021202320252027Typical 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, May 2020: AED 45,000 a yearNew contract, June 2021: AED 40,000 a yearNew contract, August 2022: AED 58,000 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 302 sits

All 230 studios →

302 last sold in July 2023 at AED 1,651 per sqft, 5% below what studios in Marquise Square were fetching at the time (AED 1,747). 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. 302's AED 58,000 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 3rd floor

All 413 units in Marquise Square
Value
3012-bedAED 3.11M · Aug 2022
3032-bedAED 5.82M · Sep 2022
304StudioAED 1.04M · Apr 2022
305StudioAED 1.21M · Aug 2022
3061-bedAED 1.64M · May 2025
3072-bedAED 3.48M · Aug 2022
3081-bedAED 1.9M · Aug 2022

302, Marquise Square in numbers

  • Sold twice: first on 21 February 2022 for AED 893,888, last on 19 July 2023 for AED 800,000 (AED 1,651 per sqft).
  • Rented since May 2020 on 3 Ejari contracts. The rent fell from AED 45,000 to AED 40,000 in 2021 and recovered to AED 58,000 by August 2022.
  • At AED 58,000 a year the gross yield on the 2023 price is 7.2%, before a service charge of about AED 8,200 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 19 July 2023.

Questions about 302, Marquise Square

What did unit 302 last sell for?

AED 800,000 on 19 July 2023: AED 1,651 per sqft for 484 sqft. The unit has 2 registered sales; the first was AED 893,888 in February 2022.

What is the rent for unit 302?

AED 58,000 a year on the contract signed on 1 August 2022. The previous contract, from June 2021, was AED 40,000; the unit has been rented since May 2020.

How big is unit 302?

484 sqft (45.0 sqm): a studio on the 3rd floor of a 29-storey tower completed in 2019.

What is unit 302 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.

Selling 302? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 302, Marquise Square

Starts from the last sale price (AED 800K, 19 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

Plus AED 38,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →