Studio · 660 sqftMarquise Square, Business Bay · 5th floor · completed 2019

506, Marquise Square

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

Unit 506 · DLD and Ejari recordsUpdated 12 December 2025
Last soldAED 930K7 August 2023
Current rentAED 80K /yr12 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Marquise Square

What is 506 worth today?

Last sold for AED 930,000 in 2023

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12 Dec 2025RentedNew contract
AED 80,000/yr6 months · AED 121 per sqft
14 Dec 2024RentedRenewal
AED 75,000/yr12 months · AED 114 per sqft
7 Aug 2023SoldReady
AED 930,000AED 1,409 per sqft
1 Dec 2022RentedRenewal
AED 55,000/yr12 months · AED 84 per sqft
1 Dec 2021RentedNew contract
AED 55,000/yr12 months · AED 84 per sqft
24 Nov 2020RentedRenewal
AED 37,500/yr12 months · AED 57 per sqft
27 Oct 2016Sold by developerOff-plan
AED 1,004,306AED 1,522 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 December 2025.

Key facts

Type
Studio apartment
Size
660 sqft
Floor
5th of 29
Parking
B2-25
Developer
SRG
Completed
2019
Service charge
AED 11,200 /yr
Last sold
AED 930K · August 2023

About 506, Marquise Square

506 is a studio of 660 sqft on the 5th floor of Marquise Square, a 29-storey tower in Business Bay completed in 2019 by SRG. It last sold on 7 August 2023 for AED 930,000, or AED 1,409 per sqft, 17% below the AED 1,701 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 12 December 2025, is AED 80,000 a year: a gross yield of 8.6% on the 2023 price, before the service charge of about AED 11,200 a year.

Sales and rents for 506 over time

Sales
Unit 506, 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 1,004,306 (AED 1,522 per sqft)Sold, August 2023: AED 930,000 (AED 1,409 per sqft)

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

Rents
Unit 506, each contractTypical studio in Marquise Square
50K75K20192021202320252027Typical 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 82,000Renewal, November 2020: AED 37,500 a yearNew contract, December 2021: AED 55,000 a yearRenewal, December 2022: AED 55,000 a yearRenewal, December 2024: AED 75,000 a yearNew contract, December 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 506 sits

All 230 studios →

506 last sold in August 2023 at AED 1,409 per sqft, 17% below what studios in Marquise Square were fetching at the time (AED 1,701). 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. 506'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 5th floor

All 413 units in Marquise Square
Value
5012-bedAED 2.76M · Aug 2022
502StudioAED 916K · Sep 2016
503StudioAED 725K · Apr 2022
504StudioAED 1.06M · May 2022
505StudioAED 940K · Nov 2022
507StudioAED 1.2M · Jan 2026
508StudioAED 840K · Oct 2022
1–7 of 16

506, Marquise Square in numbers

  • Sold twice: first on 27 October 2016 for AED 1,004,306, last on 7 August 2023 for AED 930,000 (AED 1,409 per sqft).
  • Rented since November 2020 on 5 Ejari contracts, from AED 37,500 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2023 price is 8.6%, before a service charge of about AED 11,200 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: YallaValue analysis of Dubai Land Department records. Updated 12 December 2025.

Questions about 506, Marquise Square

What did unit 506 last sell for?

AED 930,000 on 7 August 2023: AED 1,409 per sqft for 660 sqft. The unit has 2 registered sales; the first was AED 1,004,306 in October 2016.

What is the rent for unit 506?

AED 80,000 a year on the contract signed on 12 December 2025. The previous contract, from December 2024, was AED 75,000; the unit has been rented since November 2020.

How big is unit 506?

660 sqft (61.3 sqm): a studio on the 5th floor of a 29-storey tower completed in 2019.

What is unit 506 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 506, Marquise Square

Starts from the last sale price (AED 930K, 7 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 930,000
Deposit, UAE resident (20%)
AED 186,000
Deposit, non-resident (40%)
AED 372,000
Monthly over 25 years at 3.7%
AED 3,805

Plus AED 44,070 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →