Studio · 614 sqftMarquise Square, Business Bay · 4th floor · completed 2019

406, Marquise Square

Sold prices and rental history: sold once, by the developer in June 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 25 April 2025
Last soldAED 912K20 June 2017
Current rentAED 80K /yr25 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Marquise Square

What is 406 worth today?

Last sold for AED 911,964 in 2017

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25 Apr 2025RentedNew contract
AED 80,000/yr12 months · AED 130 per sqft
7 Jan 2022RentedNew contract
AED 55,000/yr12 months · AED 90 per sqft
13 Jun 2021RentedRenewal
AED 46,000/yr6 months · AED 75 per sqft
13 Jun 2020RentedNew contract
AED 46,000/yr12 months · AED 75 per sqft
7 Nov 2019RentedNew contract
AED 50,000/yr12 months · AED 81 per sqft
20 Jun 2017Sold by developerOff-plan
AED 911,964AED 1,485 per sqft

Source: Dubai Land Department. Updated 25 April 2025.

Key facts

Type
Studio apartment
Size
614 sqft
Floor
4th of 29
Parking
B2-24
Developer
SRG
Completed
2019
Service charge
AED 10,400 /yr
Last sold
AED 912K · June 2017

About 406, Marquise Square

406 is a studio of 614 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 20 June 2017 for AED 911,964, or AED 1,485 per sqft, 16% below the AED 1,764 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 25 April 2025, is AED 80,000 a year: a gross yield of 8.8% on the 2017 price, before the service charge of about AED 10,400 a year.

Sales and rents for 406 over time

Sales
Unit 406, 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, June 2017: AED 911,964 (AED 1,485 per sqft)

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

Rents
Unit 406, 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, November 2019: AED 50,000 a yearNew contract, June 2020: AED 46,000 a yearRenewal, June 2021: AED 46,000 a yearNew contract, January 2022: AED 55,000 a yearNew contract, April 2025: AED 80,000 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 406 sits

All 230 studios →

406 last sold in June 2017 at AED 1,485 per sqft, 16% below what studios in Marquise Square were fetching at the time (AED 1,764). 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. 406's AED 80,000 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
402StudioAED 934K · Oct 2016
403StudioAED 910K · Jun 2024
404StudioAED 958K · Apr 2022
405StudioAED 1.09M · Apr 2022
407StudioAED 1.17M · Jun 2022
408StudioAED 905K · Feb 2017
1–7 of 16

406, Marquise Square in numbers

  • Sold once: by SRG on 20 June 2017 for AED 911,964, or AED 1,485 per sqft.
  • Rented since November 2019 on 5 Ejari contracts, from AED 50,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2017 price is 8.8%, before a service charge of about AED 10,400 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 25 April 2025.

Questions about 406, Marquise Square

What did unit 406 last sell for?

AED 911,964 on 20 June 2017, sold by the developer: AED 1,485 per sqft for 614 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 80,000 a year on the contract signed on 25 April 2025. The previous contract, from January 2022, was AED 55,000; the unit has been rented since November 2019.

How big is unit 406?

614 sqft (57.0 sqm): a studio on the 4th floor of a 29-storey tower completed in 2019.

What is unit 406 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 406, Marquise Square

Starts from the last sale price (AED 912K, 20 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 911,964
Deposit, UAE resident (20%)
AED 182,393
Deposit, non-resident (40%)
AED 364,786
Monthly over 25 years at 3.7%
AED 3,731

Plus AED 43,313 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →