1203, The Residences at Marina Gate 1
Sold prices and rental history: sold once, by the developer in August 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 1203, The Residences at Marina Gate 1
What is 1203 worth today?
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Source: Dubai Land Department. Updated 29 April 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,472 sqft
- Floor
- 12th of 50
- Parking
- P4-070
- Developer
- Select Global Development
- Completed
- 2018
- Service charge
- AED 25,600 /yr
- Last sold
- AED 2.91M · August 2014
- Building
- The Residences at Marina Gate 1
About 1203, The Residences at Marina Gate 1
1203 is a two-bedroom apartment of 1,472 sqft on the 12th 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 14 August 2014 for AED 2,908,725, or AED 1,976 per sqft, in line with the AED 1,941 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 12 Ejari contracts. The current contract, signed on 29 April 2026, is AED 191,489 a year: a gross yield of 6.6% on the 2014 price, before the service charge of about AED 25,600 a year.
Sales and rents for 1203 over time
1203 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 1203 sits
All 160 2-beds →1203 last sold in August 2014 at AED 1,976 per sqft, in line with what two-beds in The Residences at Marina Gate 1 were fetching at the time (AED 1,941). 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. 1203's AED 191,489 is in the upper 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
- 5.0%
Other units on the 12th floor
All 389 units in The Residences at Marina Gate 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,471 sqft | AED 2.6MAED 2,600,000 · Aug 2020August 2020 | 235,000 /yr | |
| 1202 | 3-bed | 1,750 sqft | AED 3.15MAED 3,150,000 · Nov 2020November 2020 | 185,000 /yr | |
| 1204 | Studio | 545 sqft | AED 670KAED 670,000 · Aug 2014August 2014 | 72,000 /yr | |
| 1205 | 2-bed | 1,268 sqft | AED 2.34MAED 2,340,050 · Aug 2014August 2014 | 160,000 /yr | |
| 1206 | 2-bed | 1,381 sqft | AED 2.36MAED 2,355,000 · Mar 2018March 2018 | 178,500 /yr | |
| 1207 | 1-bed | 691 sqft | AED 1.34MAED 1,340,000 · Mar 2017March 2017 | 90,000 /yr | |
| 1208 | 1-bed | 691 sqft | AED 1.38MAED 1,381,100 · Sep 2014September 2014 | 110,000 /yr | |
| 1209 | 2-bed | 1,382 sqft | AED 3.2MAED 3,200,000 · Apr 2023April 2023 | 150,000 /yr | |
| 1210 | 1-bed | 903 sqft | AED 2.5MAED 2,500,000 · Jun 2024June 2024 | 130,000 /yr | |
| 1211 | 1-bed | 898 sqft | AED 2.75MAED 2,750,000 · Sep 2025September 2025 |
1203, The Residences at Marina Gate 1 in numbers
- Sold once: by Select Global Development on 14 August 2014 for AED 2,908,725, or AED 1,976 per sqft.
- Rented since August 2018 on 12 Ejari contracts, from AED 150,000 to AED 191,489 a year.
- At AED 191,489 a year the gross yield on the 2014 price is 6.6%, before a service charge of about AED 25,600 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 29 April 2026.
Questions about 1203, The Residences at Marina Gate 1
What did unit 1203 last sell for?
AED 2,908,725 on 14 August 2014, sold by the developer: AED 1,976 per sqft for 1,472 sqft. It is the only registered sale of the unit.
What is the rent for unit 1203?
AED 191,489 a year on the contract signed on 29 April 2026. The previous contract, from May 2025, was AED 240,000; the unit has been rented since August 2018.
How big is unit 1203?
1,472 sqft (136.8 sqm): a two-bedroom apartment on the 12th floor of a 50-storey tower completed in 2018.
What is unit 1203 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 1203, The Residences at Marina Gate 1
Starts from the last sale price (AED 2.91M, 14 August 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 2,908,725
- Deposit, UAE resident (20%)
- AED 581,745
- Deposit, non-resident (40%)
- AED 1,163,490
- Monthly over 25 years at 3.7%
- AED 11,900
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →