1503, The Residences at Marina Gate 1
Sold prices and rental history: sold twice, last in November 2019, 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 1503, The Residences at Marina Gate 1
What is 1503 worth today?
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Source: Dubai Land Department. Updated 2 October 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,472 sqft
- Floor
- 15th of 50
- Parking
- P4-060
- Developer
- Select Global Development
- Completed
- 2018
- Service charge
- AED 25,600 /yr
- Last sold
- AED 2M · November 2019
- Building
- The Residences at Marina Gate 1
About 1503, The Residences at Marina Gate 1
1503 is a two-bedroom apartment of 1,472 sqft on the 15th 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 6 November 2019 for AED 2,000,000, or AED 1,359 per sqft, 11% below the AED 1,524 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 2 October 2026, is AED 190,000 a year: a gross yield of 9.5% on the 2019 price, before the service charge of about AED 25,600 a year.
Sales and rents for 1503 over time
1503 has sold twice; 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 1503 sits
All 160 2-beds →1503 last sold in November 2019 at AED 1,359 per sqft, 11% below what two-beds in The Residences at Marina Gate 1 were fetching at the time (AED 1,524). 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. 1503's AED 190,000 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
- 5.1%
Other units on the 15th floor
All 389 units in The Residences at Marina Gate 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,471 sqft | AED 5MAED 5,000,000 · Apr 2025April 2025 | 210,000 /yr | |
| 1502 | 3-bed | 1,750 sqft | AED 4.3MAED 4,300,000 · Jan 2022January 2022 | 170,000 /yr | |
| 1504 | Studio | 545 sqft | AED 1.4MAED 1,400,000 · Apr 2024April 2024 | 68,889 /yr | |
| 1505 | 2-bed | 1,268 sqft | AED 2.93MAED 2,930,000 · Nov 2023November 2023 | 220,000 /yr | |
| 1506 | 2-bed | 1,381 sqft | AED 3.3MAED 3,300,000 · Jul 2023July 2023 | 140,000 /yr | |
| 1507 | 1-bed | 691 sqft | AED 1.41MAED 1,412,000 · Jan 2015January 2015 | 85,000 /yr | |
| 1508 | 1-bed | 691 sqft | AED 1.24MAED 1,240,000 · Oct 2017October 2017 | 90,000 /yr | |
| 1509 | 2-bed | 1,382 sqft | AED 2.5MAED 2,500,000 · Oct 2017October 2017 | 150,000 /yr | |
| 1510 | 1-bed | 903 sqft | AED 2.1MAED 2,100,000 · Dec 2022December 2022 | 165,000 /yr | |
| 1511 | 1-bed | 898 sqft | AED 1.3MAED 1,300,000 · Mar 2019March 2019 | 130,000 /yr |
1503, The Residences at Marina Gate 1 in numbers
- Sold twice: first on 7 September 2014 for AED 3,008,725, last on 6 November 2019 for AED 2,000,000 (AED 1,359 per sqft).
- Rented since October 2019 on 6 Ejari contracts. The rent fell from AED 185,000 to AED 160,020 in 2020 and recovered to AED 190,000 by October 2026.
- At AED 190,000 a year the gross yield on the 2019 price is 9.5%, 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 2 October 2026.
Questions about 1503, The Residences at Marina Gate 1
What did unit 1503 last sell for?
AED 2,000,000 on 6 November 2019: AED 1,359 per sqft for 1,472 sqft. The unit has 2 registered sales; the first was AED 3,008,725 in September 2014.
What is the rent for unit 1503?
AED 190,000 a year on the contract signed on 2 October 2026. The previous contract, from October 2025, was AED 205,000; the unit has been rented since October 2019.
How big is unit 1503?
1,472 sqft (136.8 sqm): a two-bedroom apartment on the 15th floor of a 50-storey tower completed in 2018.
What is unit 1503 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 1503, The Residences at Marina Gate 1
Starts from the last sale price (AED 2M, 6 November 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →