Dubai Land Department Off-Plan Register

Marquise Square Tower Launch Prices

Off-plan in Business Bay · Developer launch registrations from the Dubai Land Department off-plan register

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At a glance

Launch Summary

191 developer launch sales registered at Marquise Square Tower between Sept 2016 and May 2019: 100% apartments, most commonly studio units, typically around 615 sqft.

Launch sales
191
DLD off-plan registrations, all time
Median launch /sqft
AED 1,767
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 845,0003,639,726
Min – max registered

Bed mix: Studio 79% · 1-bed 15% · 2-bed 6% · 3-bed 1%.

Every figure here is a registered developer launch price from the DLD off-plan register - a different kind of price from a ready-market resale, and kept entirely separate from KhaleejKeys' resale statistics.

Launch price history

Launch Price by Quarter

Median registered launch price per square foot at Marquise Square Tower, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2016 Q312AED 1,862
2016 Q434AED 1,749
2017 Q121AED 1,752
2017 Q221AED 1,673
2017 Q314AED 1,673
2017 Q410AED 1,597
2018 Q16AED 1,940
2018 Q243AED 1,797
2018 Q313AED 1,783
2018 Q47AED 2,130
2019 Q13AED 1,873
2019 Q27AED 1,851
Two different markets

Launch vs Resale

Marquise Square Tower also has 239 ready-market resales registered with the DLD, the first on 21 January 2020 - 40 months after the first launch registration. A developer launch price and an arm's-length resale are different kinds of price; the gap is context, not a return.

Resales registered
239
72 in the last 2 years
Resale median /sqft
AED 2,073
last 2 years
Resale vs launch
+17%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Marquise Square Tower →

The latest launch sales

Recent Launch Registrations

Apartment · 2 Bed
1,258 sqft · 21 May 2019
AED 2,616,074
AED 2,079 /sqft
Apartment · 2 Bed
1,418 sqft · 23 April 2019
AED 2,550,000
AED 1,799 /sqft
Apartment · Studio
692 sqft · 23 April 2019
AED 1,383,309
AED 1,998 /sqft
Apartment · Studio
661 sqft · 23 April 2019
AED 1,208,320
AED 1,829 /sqft
Apartment · Studio
616 sqft · 23 April 2019
AED 1,173,577
AED 1,906 /sqft

Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.

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Other Off-Plan Projects in Business Bay

Off-plan in Business Bay

Compare this project with every other off-plan launch registered in Business Bay, or see the community's resale market.

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