1005, The Residences at Marina Gate 1
Sold prices and rental history: sold once, by the developer in September 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1005, The Residences at Marina Gate 1
What is 1005 worth today?
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Source: Dubai Land Department. Updated 1 December 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,268 sqft
- Floor
- 10th of 50
- Parking
- P4-021
- Developer
- Select Global Development
- Completed
- 2018
- Service charge
- AED 22,000 /yr
- Last sold
- AED 2.33M · September 2014
- Building
- The Residences at Marina Gate 1
About 1005, The Residences at Marina Gate 1
1005 is a two-bedroom apartment of 1,268 sqft on the 10th floor of The Residences at Marina Gate 1, a 50-storey tower in Dubai Marina completed in 2018 by Select Global Development. The developer sold it on 2 September 2014 for AED 2,330,050, or AED 1,838 per sqft, 5% below the AED 1,932 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 10 Ejari contracts. The current contract, renewed on 1 December 2026, is AED 159,390 a year: a gross yield of 6.8% on the 2014 price, before the service charge of about AED 22,000 a year.
Sales and rents for 1005 over time
1005 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in The Residences at Marina Gate 1, and where 1005 sits
All 160 2-beds →1005 last sold in September 2014 at AED 1,838 per sqft, 5% below what two-beds in The Residences at Marina Gate 1 were fetching at the time (AED 1,932). Over the last 12 months two-beds sold for AED 2,875,000 to 3,750,000, around AED 2,428 per sqft, and rent for AED 80,000 to 290,000 a year. 1005's AED 159,390 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Sep 202618 September 2026 | 1,268 sqft | 2,990,000 | 2,358 | ||
| 2 Sep 20262 September 2026 | 1,325 sqft | 3,500,000 | 2,641 | ||
| 12 May 202612 May 2026 | 1,256 sqft | 3,750,000 | 2,984 | ||
| 27 Feb 202627 February 2026 | 1,396 sqft | 3,390,000 | 2,428 |
The Residences at Marina Gate 1
Building389 apartments, studios to 5-bed over 50 floors in Dubai Marina, completed in 2018 by Select Global Development. 15 sold in the last 12 months.
- Typical price per sqft
- AED 2,799 Up 1.9%
- Typical sale
- AED 3.75M
- Typical rent
- AED 160K /yr
- Typical yield
- 5.1%
Other units on the 10th floor
All 389 units in The Residences at Marina Gate 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 2-bed | 735 sqft | AED 3MAED 3,000,000 · Jul 2017July 2017 | 180,000 /yr | |
| 1002 | 3-bed | 1,750 sqft | AED 5.52MAED 5,520,000 · Mar 2024March 2024 | 300,000 /yr | |
| 1003 | 2-bed | 1,472 sqft | AED 2.89MAED 2,888,725 · Aug 2014August 2014 | 240,000 /yr | |
| 1004 | Studio | 545 sqft | AED 1.22MAED 1,220,000 · Aug 2014August 2014 | 95,000 /yr | |
| 1006 | 2-bed | 1,381 sqft | AED 2.43MAED 2,430,500 · Mar 2017March 2017 | 134,136 /yr | |
| 1007 | 1-bed | 691 sqft | AED 1.37MAED 1,371,100 · Sep 2014September 2014 | 85,000 /yr | |
| 1008 | 1-bed | 691 sqft | AED 1.37MAED 1,371,100 · Sep 2014September 2014 | 100,000 /yr | |
| 1009 | 2-bed | 1,382 sqft | AED 3.6MAED 3,600,000 · Jun 2024June 2024 | 205,000 /yr | |
| 1010 | 1-bed | 903 sqft | AED 1.69MAED 1,692,625 · Sep 2014September 2014 | 140,000 /yr | |
| 1011 | 1-bed | 898 sqft | AED 1.85MAED 1,850,000 · Oct 2021October 2021 | 145,000 /yr |
1005, The Residences at Marina Gate 1 in numbers
- Sold once: by Select Global Development on 2 September 2014 for AED 2,330,050, or AED 1,838 per sqft.
- Rented since September 2018 on 10 Ejari contracts. The rent fell from AED 120,000 to AED 100,000 in 2020 and recovered to AED 159,390 by December 2026.
- At AED 159,390 a year the gross yield on the 2014 price is 6.8%, before a service charge of about AED 22,000 a year (AED 17.37 per sqft).
- Two-beds in The Residences at Marina Gate 1 sold for AED 2,875,000–3,750,000 in the 12 months to November 2026; the building's median across all types is AED 2,799 per sqft.
Source: Dubai Land Department. Updated 1 December 2026.
Questions about 1005, The Residences at Marina Gate 1
What did unit 1005 last sell for?
AED 2,330,050 on 2 September 2014, sold by the developer: AED 1,838 per sqft for 1,268 sqft. It is the only registered sale of the unit.
What is the rent for unit 1005?
AED 159,390 a year on the contract renewed on 1 December 2026. The previous contract, from December 2025, was AED 144,900; the unit has been rented since September 2018.
How big is unit 1005?
1,268 sqft (117.8 sqm): a two-bedroom apartment on the 10th floor of a 50-storey tower completed in 2018.
What is unit 1005 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Residences at Marina Gate 1 sold for AED 2,875,000 to 3,750,000 in the last 12 months, around AED 2,428 per sqft.
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Mortgage on 1005, The Residences at Marina Gate 1
Starts from the last sale price (AED 2.33M, 2 September 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 2,330,050
- Deposit, UAE resident (20%)
- AED 466,010
- Deposit, non-resident (40%)
- AED 932,020
- Monthly over 25 years at 3.7%
- AED 9,533
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →