1011, The Residences at Marina Gate 1
Sold prices and rental history: sold twice, last in October 2021, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1011, The Residences at Marina Gate 1
What is 1011 worth today?
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Source: Dubai Land Department. Updated 22 April 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 898 sqft
- Floor
- 10th of 50
- Parking
- M-033
- Developer
- Select Global Development
- Completed
- 2018
- Service charge
- AED 15,600 /yr
- Last sold
- AED 1.85M · October 2021
- Building
- The Residences at Marina Gate 1
About 1011, The Residences at Marina Gate 1
1011 is a one-bedroom apartment of 898 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. It last sold on 24 October 2021 for AED 1,850,000, or AED 2,059 per sqft, 5% above the AED 1,958 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 22 April 2024, is AED 145,000 a year: a gross yield of 7.8% on the 2021 price, before the service charge of about AED 15,600 a year.
Sales and rents for 1011 over time
1011 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in The Residences at Marina Gate 1, and where 1011 sits
All 132 1-beds →1011 last sold in October 2021 at AED 2,059 per sqft, 5% above what one-beds in The Residences at Marina Gate 1 were fetching at the time (AED 1,958). Over the last 12 months one-beds sold for AED 1,825,000 to 2,150,000, around AED 2,572 per sqft, and rent for AED 72,000 to 200,000 a year. 1011's AED 145,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Apr 202616 April 2026 | 690 sqft | 1,825,000 | 2,646 | ||
| 30 Mar 202630 March 2026 | 834 sqft | 2,080,000 | 2,495 | ||
| 16 Mar 202616 March 2026 | 836 sqft | 2,150,000 | 2,572 | ||
| 29 Sep 202529 September 2025 | 898 sqft | 2,750,000 | 3,061 |
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
- 5.0%
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 | |
| 1005 | 2-bed | 1,268 sqft | AED 2.33MAED 2,330,050 · Sep 2014September 2014 | 159,390 /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, The Residences at Marina Gate 1 in numbers
- Sold twice: first on 7 August 2016 for AED 1,588,500, last on 24 October 2021 for AED 1,850,000 (AED 2,059 per sqft).
- Rented since May 2019 on 7 Ejari contracts. The rent fell from AED 110,000 to AED 95,000 in 2021 and recovered to AED 145,000 by April 2024.
- At AED 145,000 a year the gross yield on the 2021 price is 7.8%, before a service charge of about AED 15,600 a year (AED 17.37 per sqft).
- One-beds in The Residences at Marina Gate 1 sold for AED 1,825,000–2,150,000 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 22 April 2024.
Questions about 1011, The Residences at Marina Gate 1
What did unit 1011 last sell for?
AED 1,850,000 on 24 October 2021: AED 2,059 per sqft for 898 sqft. The unit has 2 registered sales; the first was AED 1,588,500 in August 2016.
What is the rent for unit 1011?
AED 145,000 a year on the contract signed on 22 April 2024. The previous contract, from April 2024, was AED 145,000; the unit has been rented since May 2019.
How big is unit 1011?
898 sqft (83.4 sqm): a one-bedroom apartment on the 10th floor of a 50-storey tower completed in 2018.
What is unit 1011 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Residences at Marina Gate 1 sold for AED 1,825,000 to 2,150,000 in the last 12 months, around AED 2,572 per sqft.
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Mortgage on 1011, The Residences at Marina Gate 1
Starts from the last sale price (AED 1.85M, 24 October 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,850,000
- Deposit, UAE resident (20%)
- AED 370,000
- Deposit, non-resident (40%)
- AED 740,000
- Monthly over 25 years at 3.7%
- AED 7,569
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →