Marquise Square Business Bay Dubai

Marquise Square is a finished 29-storey tower in Business Bay, launched in 2016 as a AED 700 million development and handed over in 2019. It was built by SRG Holding Limited, with some sources also naming Seven Tides alongside it. Apartments on the north side look at Burj Khalifa and Downtown; those on the south face the Dubai Canal.

Studios ask from about AED 1,070,000 today, roughly Rs 2.76 crore — around AED 2,471 per sq ft on a 433 sq ft unit — with the studio band running to AED 1,619,000. At launch the same studios were priced from AED 895,000. The source listing carries no price. See the rest of our Dubai section, our projects list, or two other finished Business Bay buildings we cover: Bayz by Danube and MAG 318.

At a glance

Price and unit pricing

This building has something most Business Bay towers do not: a published 2016 launch price list alongside a current asking band, so you can see what nine years did.

The studio moved from a AED 895,000 launch price to a AED 1,070,000 asking floor — roughly 20% over nine years. That is not a return: one figure is what the developer charged, the other what a seller hopes for. What it shows is a building that has held its value without running away, which is what a mid-market tower does in a district that keeps adding supply.

One figure does not fit: a single source prints units "from AED 847,888", below both the 2016 launch price and every current studio ask we found. Unless someone shows you that unit, treat AED 1,070,000 as the working floor.

The gap in the record is current prices for the larger layouts: no source we checked publishes a live ask for a one-, two- or three-bedroom, only the 2016 launch figures. Ask for DLD comparables on the layout you want.

What it really costs

There is no developer payment plan — the building was handed over in 2019. You pay cash or take a mortgage. Worked on the AED 1,070,000 studio ask:

Add 0.25% of the loan as mortgage registration if you finance, and expect a UAE bank to want at least 20% down from a non-resident. No source we checked publishes this building's rents or its approved service-charge budget, so we will not print a yield for it. Business Bay as a district runs about 5.5% gross on live DLD data and 6% to 8% on agency guides, net roughly 1.5 to 2 points below — use that as a frame, then get the signed Ejari on the unit and the Mollak statement.

Location and connectivity

Business Bay is the office and canal district immediately south of Downtown. Burj Khalifa and Dubai Mall are minutes away, DIFC a short drive north, and Business Bay station on the Red Line serves the district — a real advantage over Dubai's cheaper apartment areas, most of which have no metro.

What is specific to this tower is the split view: north-facing apartments look at Burj Khalifa and Downtown, south-facing ones at the Dubai Canal. Orientation is a price variable here in a way it is not in every building, and it is the first thing to establish about any unit. The costs are the district's — peak traffic on Al Khail and Sheikh Zayed Road, and new towers competing for your tenant every year.

Amenities and specifications

The published amenity list is fuller than most in this band: a podium-level pool and a separate children's pool, a gym and health club, saunas and steam rooms, a children's play area, a multi-purpose outdoor court, a prayer room, food and beverage outlets at the base, concierge and 24-hour security.

Sizes start at about 433 sq ft, studios running to 560 sq ft. No source we checked publishes the fit-out schedule, the appliance list or the parking allocation by unit type. In a finished building that matters less than off-plan — walk the apartment, check what condition a 2019 fit-out is in after six or seven years of letting, and read two years of service-charge invoices.

About the developer

Marquise Square was developed by SRG Holding Limited, which launched it in 2016 as a AED 700 million project and handed it over in 2019. Several sources also name Seven Tides in connection with the tower, and the record we could see does not settle whether that is a co-developer, a marketing arrangement or a later involvement. Ask, and get the answer from the title documents rather than from a brochure.

What matters more for a resale buyer is that the development question is already answered. The tower was delivered roughly on the timetable announced at launch and has been occupied for six or seven years. You are not buying a promise that a developer can finish a building — you are buying a finished apartment whose management and condition you can inspect today.

For Indian buyers

Business Bay is freehold, so an Indian citizen can own here outright with a Dubai Land Department title deed. There is no annual property tax; the recurring cost is the service charge, roughly AED 5,200 to 10,800 a year on a 433 sq ft studio at the community band.

At about USD 291,000 the entry studio sits above one person's Liberalised Remittance Scheme allowance of USD 250,000 per financial year. A couple remitting USD 500,000 covers it easily; a single buyer would need two financial years, awkward on a resale that completes in weeks. Settle the funding before signing the MoU. TCS applies above the current threshold.

On residency, this is one of the few buildings in this price bracket where the AED 2 M Golden Visa threshold is plainly reachable rather than a matter of arithmetic: two-bedrooms were priced from AED 2.2 M at launch and three-bedrooms from just over AED 3.1 M, both above the threshold, and resale prices for those layouts will not be lower than launch in a district that has appreciated. What no source publishes is a current asking price for either, so get one in writing before you rely on it. On tax at home, rent from Dubai is taxable in India for a resident at slab rates as income from house property with the standard 30% deduction, and the asset goes into Schedule FA of your return.

Pros

• Finished and occupied since 2019 — you can inspect the apartment, the building and its service-charge history before paying
• A published 2016 launch price list, so you can see how the studio moved from AED 895,000 to a AED 1,070,000 ask
• Two- and three-bedroom layouts were priced above the AED 2 M Golden Visa threshold at launch
• Burj Khalifa and Downtown views on the north elevation, Dubai Canal on the south
• A fuller amenity list than most in the band: two pools, health club, saunas and steam rooms, outdoor court, prayer room
• Business Bay station on the Red Line serves the district

Cons

• No current asking price is published for any layout above the studio, only 2016 launch figures
• The unit count does not reconcile: 416 on one record against a layout breakdown totalling 384
• Sources disagree on who developed it — SRG Holding, with Seven Tides named alongside
• No source publishes this building's rents or its approved service-charge budget, so no yield can honestly be printed
• A stray "from AED 847,888" figure sits below both the launch price and every current ask; treat it as unreliable
• The entry price is about USD 291,000, above one person's annual LRS allowance
• No developer payment plan, and a 2019 fit-out that is six or seven years into its life

Who this is for

• Golden Visa buyers who want a Business Bay two- or three-bedroom in a finished building
• Buyers who want income from month one and a view worth paying for
• Couples who can fund the purchase across two LRS allowances

Who should look elsewhere

• Buyers who need an instalment plan — there is none in a completed building
• Anyone who will not commission DLD comparables, since the published price record above studio level is nine years old

Our verdict

Marquise Square is a solid, unflashy Business Bay tower that did what it said: launched 2016, delivered 2019, occupied since. For a resale buyer that removes the largest risk in Dubai off-plan buying, leaving a straightforward question about price and orientation. At about AED 2,471 per sq ft the studio ask sits in the upper half of the district's range but below the top, and a north-facing Burj Khalifa unit is a different asset from a south-facing one.

Its real strength for an Indian buyer is at the larger end: two-bedrooms launched at AED 2.2 M and three-bedrooms above AED 3.1 M, both clear of the AED 2 M Golden Visa threshold, in a finished building rather than a 2029 promise. The frustration is that no source publishes what those layouts ask today, or the building's rents and service charges. Get DLD comparables for the layout and orientation you want, the Mollak budget and the signed Ejari, then negotiate.

FAQs

What does an apartment at Marquise Square cost?

Studios ask from about AED 1,070,000, roughly Rs 2.76 crore, with the studio band running up to AED 1,619,000. On a 433 sq ft studio the entry ask works out at about AED 2,471 per sq ft. At launch in 2016 studios started from AED 895,000, one-beds from AED 1.31 M, two-beds from AED 2.2 M and three-beds from just over AED 3.1 M. No source we checked publishes a current asking price for anything above a studio.

Is it ready, and is there a payment plan?

It is ready - the tower was handed over in 2019 and has been occupied since. There is no developer payment plan; every unit on the market is resale stock bought with cash or a mortgage. Budget the 4% DLD transfer fee, AED 42,800 on AED 1,070,000, about AED 4,200 in trustee registration and typically 2% agency, bringing the total to own to roughly AED 1,138,000 or Rs 2.93 crore.

Does it qualify for a Golden Visa?

The studio does not - it is well under the AED 2 M threshold. The larger layouts should: two-bedrooms were priced from AED 2.2 M at launch and three-bedrooms from just over AED 3.1 M, and resale prices in an appreciating district are unlikely to sit below 2016 launch figures. Since no source publishes a current price for either layout, get a written quote before you rely on the visa.

What are the service charges and the rental yield?

Neither is published for this building by the sources we checked, so we will not print a figure for it. The Business Bay service-charge band runs about AED 12 to 25 per sq ft a year and averages AED 14.75, which is roughly AED 5,200 to 10,800 on a 433 sq ft studio. District gross yields run about 5.5% on live DLD data and 6% to 8% on agency guides, with net 1.5 to 2 points below. Ask for the Mollak statement and the signed Ejari on the unit.

Who built it?

SRG Holding Limited launched it in 2016 as a AED 700 million development and handed it over in 2019. Several sources also name Seven Tides in connection with the tower, and the record we could see does not settle whether that is a co-developer, a marketing arrangement or a later involvement - check the title documents rather than a brochure. For a resale buyer the point is moot in practice: the building was delivered and is occupied.

How many apartments are there, and how big?

The sources do not agree. One record puts the building at 416 residential units; a published layout breakdown gives 237 studios, 59 one-bedrooms, 70 two-bedrooms and 18 three-bedrooms, which totals 384. Sizes start at about 433 sq ft, with studios running to 560 sq ft, across 29 storeys.

What are the views like?

They depend on which side you buy. Apartments on the north elevation look at Burj Khalifa and Downtown Dubai; those on the south face the Dubai Canal. Orientation is a genuine price variable in this tower, so establish it for any specific unit before you talk about the number.

Can an Indian citizen buy here?

Yes. Business Bay is freehold, so any nationality can own outright with a DLD title deed, and there is no annual property tax. At about USD 291,000 the entry studio sits above one person's USD 250,000 LRS allowance for the year, so plan on two remitters or two financial years - and settle it before signing the MoU, because a resale completes in weeks. Rent is taxable in India at slab rates with the standard 30% deduction, and the asset goes into Schedule FA.

For current availability at Marquise Square, DLD comparables by layout and orientation, and the building's Mollak service-charge statement, talk to Realty Hunting and we will pull them for you.