Studio · 645 sqftMarquise Square, Business Bay · 4th floor · completed 2019

414, Marquise Square

Sold prices and rental history: sold twice, last in November 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 414 · DLD and Ejari recordsUpdated 3 December 2024
Last soldAED 790K16 November 2022
Current rentAED 70K /yr3 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 414, Marquise Square

What is 414 worth today?

Last sold for AED 790,000 in 2022

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3 Dec 2024RentedRenewal
AED 70,000/yr6 months · AED 109 per sqft
3 Jun 2024RentedRenewal
AED 70,000/yr6 months · AED 109 per sqft
3 Dec 2023RentedRenewal
AED 65,000/yr6 months · AED 101 per sqft
3 Dec 2022RentedNew contract
AED 52,093/yr12 months · AED 81 per sqft
16 Nov 2022SoldReady
AED 790,000AED 1,224 per sqft
3 Jun 2022RentedRenewal
AED 49,613/yr6 months · AED 77 per sqft
3 Mar 2022RentedRenewal
AED 47,250/yr3 months · AED 73 per sqft
3 Sep 2021RentedRenewal
AED 47,250/yr6 months · AED 73 per sqft

Source: Dubai Land Department. Updated 3 December 2024.

Key facts

Type
Studio apartment
Size
645 sqft
Floor
4th of 29
Parking
B2-63
Developer
SRG
Completed
2019
Service charge
AED 11,000 /yr
Last sold
AED 790K · November 2022

About 414, Marquise Square

414 is a studio of 645 sqft on the 4th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. It last sold on 16 November 2022 for AED 790,000, or AED 1,224 per sqft, 34% below the AED 1,851 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 3 December 2024, is AED 70,000 a year: a gross yield of 8.9% on the 2022 price, before the service charge of about AED 11,000 a year.

Sales and rents for 414 over time

Sales
Unit 414, 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, September 2016: AED 1,051,335 (AED 1,630 per sqft)Sold, November 2022: AED 790,000 (AED 1,224 per sqft)

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

Rents
Unit 414, each contractTypical studio in Marquise Square
60K80K20192021202320252027Typical 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, September 2019: AED 52,000 a yearRenewal, September 2021: AED 47,250 a yearRenewal, March 2022: AED 47,250 a yearRenewal, June 2022: AED 49,613 a yearNew contract, December 2022: AED 52,093 a yearRenewal, December 2023: AED 65,000 a yearRenewal, June 2024: AED 70,000 a yearRenewal, December 2024: 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 414 sits

All 230 studios →

414 last sold in November 2022 at AED 1,224 per sqft, 34% below what studios in Marquise Square were fetching at the time (AED 1,851). 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. 414'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
402StudioAED 934K · Oct 2016
403StudioAED 910K · Jun 2024
404StudioAED 958K · Apr 2022
405StudioAED 1.09M · Apr 2022
406StudioAED 912K · Jun 2017
407StudioAED 1.17M · Jun 2022
1–7 of 16

414, Marquise Square in numbers

  • Sold twice: first on 29 September 2016 for AED 1,051,335, last on 16 November 2022 for AED 790,000 (AED 1,224 per sqft).
  • Rented since September 2019 on 8 Ejari contracts, from AED 52,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2022 price is 8.9%, before a service charge of about AED 11,000 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 3 December 2024.

Questions about 414, Marquise Square

What did unit 414 last sell for?

AED 790,000 on 16 November 2022: AED 1,224 per sqft for 645 sqft. The unit has 2 registered sales; the first was AED 1,051,335 in September 2016.

What is the rent for unit 414?

AED 70,000 a year on the contract renewed on 3 December 2024. The previous contract, from June 2024, was AED 70,000; the unit has been rented since September 2019.

How big is unit 414?

645 sqft (59.9 sqm): a studio on the 4th floor of a 29-storey tower completed in 2019.

What is unit 414 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 414, Marquise Square

Starts from the last sale price (AED 790K, 16 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 790,000
Deposit, UAE resident (20%)
AED 158,000
Deposit, non-resident (40%)
AED 316,000
Monthly over 25 years at 3.7%
AED 3,232

Plus AED 38,190 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →