Studio · 515 sqftMarquise Square, Business Bay · 4th floor · completed 2019

402, Marquise Square

Sold prices and rental history: sold once, by the developer in October 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 6 May 2025
Last soldAED 934K17 October 2016
Current rentAED 70K /yr6 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Marquise Square

What is 402 worth today?

Last sold for AED 933,747 in 2016

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6 May 2025RentedNew contract
AED 70,000/yr12 months · AED 138 per sqft
15 Feb 2024RentedNew contract
AED 51,300/yr14 months · AED 100 per sqft
15 Feb 2021RentedNew contract
AED 42,000/yr12 months · AED 81 per sqft
5 Dec 2019RentedNew contract
AED 47,000/yr12 months · AED 91 per sqft
17 Oct 2016Sold by developerOff-plan
AED 933,747AED 1,812 per sqft

Source: Dubai Land Department. Updated 6 May 2025.

Key facts

Type
Studio apartment
Size
515 sqft
Floor
4th of 29
Parking
B3-41
Developer
SRG
Completed
2019
Service charge
AED 8,800 /yr
Last sold
AED 934K · October 2016

About 402, Marquise Square

402 is a studio of 515 sqft on the 4th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. The developer sold it on 17 October 2016 for AED 933,747, or AED 1,812 per sqft, in line with the AED 1,845 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 6 May 2025, is AED 70,000 a year: a gross yield of 7.5% on the 2016 price, before the service charge of about AED 8,800 a year.

Sales and rents for 402 over time

Sales
Unit 402, 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, October 2016: AED 933,747 (AED 1,812 per sqft)

402 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 402, 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, December 2019: AED 47,000 a yearNew contract, February 2021: AED 42,000 a yearNew contract, February 2024: AED 51,300 a yearNew contract, May 2025: AED 70,000 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 402 sits

All 230 studios →

402 last sold in October 2016 at AED 1,812 per sqft, in line with what studios in Marquise Square were fetching at the time (AED 1,845). 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. 402's AED 70,000 is in the lower half 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 4th floor

All 413 units in Marquise Square
Value
4012-bedAED 2.6M · Aug 2022
403StudioAED 910K · Jun 2024
404StudioAED 958K · Apr 2022
405StudioAED 1.09M · Apr 2022
406StudioAED 912K · Jun 2017
407StudioAED 1.17M · Jun 2022
408StudioAED 905K · Feb 2017
1–7 of 16

402, Marquise Square in numbers

  • Sold once: by SRG on 17 October 2016 for AED 933,747, or AED 1,812 per sqft.
  • Rented since December 2019 on 4 Ejari contracts. The rent fell from AED 47,000 to AED 42,000 in 2021 and recovered to AED 70,000 by May 2025.
  • At AED 70,000 a year the gross yield on the 2016 price is 7.5%, 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 6 May 2025.

Questions about 402, Marquise Square

What did unit 402 last sell for?

AED 933,747 on 17 October 2016, sold by the developer: AED 1,812 per sqft for 515 sqft. It is the only registered sale of the unit.

What is the rent for unit 402?

AED 70,000 a year on the contract signed on 6 May 2025. The previous contract, from February 2024, was AED 51,300; the unit has been rented since December 2019.

How big is unit 402?

515 sqft (47.8 sqm): a studio on the 4th floor of a 29-storey tower completed in 2019.

What is unit 402 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 402, Marquise Square

Starts from the last sale price (AED 934K, 17 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 933,747
Deposit, UAE resident (20%)
AED 186,749
Deposit, non-resident (40%)
AED 373,499
Monthly over 25 years at 3.7%
AED 3,820

Plus AED 44,227 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →