Marquise Square Tower
57PG+289 - Marasi Dr - Business Bay - Dubai - United Arab Emirates
Studio
2
834 sqft
$303,817
Total investment:
Unit price now:
$394,784
Annual revenue:
$35,850
Cash-on-cash return:
6,5%
+29,94%
Property Information
Type of the unit:
Studio
Unit price:
$303,817
Furnishing & Repair:
$0
Contract period:
03/01/2023 - 02/01/2024
Developer:
SRG Holding
District:
Business Bay
Price per sqft:
$364/sqft
Сompletion date:
12.2019
№2308
Unit no & Contract
Investing in Marquise Square Tower in Business Bay, Dubai, presents a unique opportunity within the city's competitive real estate landscape. Here's a detailed analysis highlighting why Marquise Square Tower is a good investment decision, along with its unique selling points compared to other buildings in Dubai:
Strategic Central Location: Situated in Business Bay, Marquise Square Tower benefits from being in the heart of Dubai's business district. This area is known for its dynamic urban environment, proximity to the Dubai Financial Centre, Downtown Dubai, the Burj Khalifa, and the Dubai Mall. Such a location is highly attractive to professionals working in these prime areas, ensuring strong demand for residential units.
Comprehensive Amenities: Residents of Marquise Square Tower enjoy access to a range of premium amenities, including a swimming pool, a fully equipped gymnasium, retail spaces, and recreational areas. These facilities enhance the living experience, making it more appealing to potential tenants and buyers looking for convenience and luxury in one location.
High Demand Area: Business Bay's continuous development and its status as a commercial hub ensure a consistent demand for residential units, especially from professionals and executives working in the area. This demand contributes to maintaining high occupancy rates and competitive rental prices for properties like Marquise Square Tower.
Compared to other buildings in Dubai, Marquise Square Tower offers a unique proposition through its combination of strategic location in Business Bay, luxury living standards, and robust investment potential.
Strategic Central Location: Situated in Business Bay, Marquise Square Tower benefits from being in the heart of Dubai's business district. This area is known for its dynamic urban environment, proximity to the Dubai Financial Centre, Downtown Dubai, the Burj Khalifa, and the Dubai Mall. Such a location is highly attractive to professionals working in these prime areas, ensuring strong demand for residential units.
Comprehensive Amenities: Residents of Marquise Square Tower enjoy access to a range of premium amenities, including a swimming pool, a fully equipped gymnasium, retail spaces, and recreational areas. These facilities enhance the living experience, making it more appealing to potential tenants and buyers looking for convenience and luxury in one location.
High Demand Area: Business Bay's continuous development and its status as a commercial hub ensure a consistent demand for residential units, especially from professionals and executives working in the area. This demand contributes to maintaining high occupancy rates and competitive rental prices for properties like Marquise Square Tower.
Compared to other buildings in Dubai, Marquise Square Tower offers a unique proposition through its combination of strategic location in Business Bay, luxury living standards, and robust investment potential.
What’s Special
Property Facts & Features
Purchase Price: $303,817
Bedrooms: 1
Bathrooms: 2
Sqft: 834 ($364/sqft)
Bedrooms: 1
Bathrooms: 2
Sqft: 834 ($364/sqft)
Property Details
Revenue: $35,850/yr
Cap Rate: 6,5%
Gross Yield: 11,8%
Cash-on-Cash: 6,5%
Cap Rate: 6,5%
Gross Yield: 11,8%
Cash-on-Cash: 6,5%
Returns
Revenue: $35,850/yr
Average Daily Rate: updating
Occupancy Rate: updating
Average Daily Rate: updating
Occupancy Rate: updating
Rental Estimate
Average Studio Values: $313,000
Average Revenue: $17,700/yr
Average Occupancy: updating
Number of studio rentals: 111
Average Revenue: $17,700/yr
Average Occupancy: updating
Number of studio rentals: 111
Business Bay Market Data
Rental Estimate
High
$4,111
Average
$2,987
Low
$1,876
Rental Data for Business Bay
111
Number of studio rentals:
39%
ROI Score:
$17,700/yr
Average Revenue:
Rental Listing by buildings
Average Revenue by buildings
Building
Listings
Revenue
Damac Maison Prive
AG Tower
Waves Tower
33
31
17
$15,470/yr
$16,200/yr
$18,300/yr
$18,110/yr
$18,000/yr
Zada Tower
Marquise Square Tower
Building
Building
16
14
96
96
$17,250/yr
Financial Overview
11,8%
Gross Yield:
6,5%
Cap Rate:
6,5%
Cash-on-Cash Return:
Total Investments
Financing
Revenue
Expenses
Upfront equity
Net Operating Income
Leveraged Net Cash Flow
$303,817
$0
$2,987/mo
$1,264/mo
$303,817
$19,748/yr • $1,623/mo
$19,748/yr • $1,623/mo
This is the amount of equity, or money, needed to initially acquire the property based on your financing choices and other expenses, including furnishing and initial expenses.
Also referred to as NOI, this is the amount of money you’ll be making per year from your investment, after fees and taxes. This number does not factor in mortgage payments.
Also referred to as Lev. NCF, this is the amount of money you’ll net yearly after paying mortgage payments. This dollar amount is all-inclusive, taking into account not only mortgage payments but also the taxes and fees that are factored into NOI as well.
Price History
Date
Event
Price
03/01/2023
14/07/2023
08/02/2024
02/22/2024
02/22/2024
02/22/2024
02/22/2024
Purchase
Price change
Price change
Price change
Price change
$303,817
$341,684
$394,784
$46,641/yr
$57,801/yr
$68,214/yr
02/22/2024
02/22/2024
02/22/2024
02/22/2024
02/22/2024
02/22/2024
02/22/2024
Price change
Price change
Price change
Price change
Price change
Price change
Price change
$19,207/yr
$20,936/yr
$33,252/yr
$46,641/yr
$57,801/yr
$68,214/yr
Zada Tower by DAMAC
Total investment:
Annual revenue:
Cash-on-сash return:
$190,579
$32,970
12,1%
Rented
Ghalia by DAMAC
Total investment:
Annual revenue:
Cash-on-сash return:
$108,950
$16,342
10,5%
Rented
15 Northside Tower
Total investment:
Annual revenue:
Cash-on-сash return:
$191,536
$27,964
10,2%
Rented
The Waves Tower
Total investment:
Annual revenue:
Cash-on-сash return:
$234,150
$27,395
8,2%
Rented
Anwa Tower by Omniyat
Total investment:
Annual revenue:
Cash-on-сash return:
$264,070
$26,116
6,9%
Rented
Paramount Tower Hotel & Residences
Total investment:
Annual revenue:
Cash-on-сash return:
$429,695
$40,391
6,6%
Rented
Zada Tower by DAMAC
Total investment:
Annual revenue:
Cash-on-сash return:
$190,579
$32,970
12,1%
Rented
Ghalia by DAMAC
Total investment:
Annual revenue:
Cash-on-сash return:
$108,950
$16,342
10,5%
Rented
15 Northside Tower
Total investment:
Annual revenue:
Cash-on-сash return:
$191,536
$27,964
10,2%
Rented
The Waves Tower
Total investment:
Annual revenue:
Cash-on-сash return:
$234,150
$27,395
8,2%
Rented
Anwa Tower by Omniyat
Total investment:
Annual revenue:
Cash-on-сash return:
$264,070
$26,116
6,9%
Rented
Paramount Tower Hotel & Residences
Total investment:
Annual revenue:
Cash-on-сash return:
$429,695
$40,391
6,6%
Rented
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