
1703, The Residences at Marina Gate 1
Sold prices and rental history: sold 3 times, last in January 2023, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1703, The Residences at Marina Gate 1
What is 1703 worth today?
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Source: Dubai Land Department. Updated 4 February 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,472 sqft
- Floor
- 17th of 50
- Parking
- P4-059
- Developer
- Select Global Development
- Completed
- 2018
- Service charge
- AED 25,600 /yr
- Last sold
- AED 4M · January 2023
- Building
- The Residences at Marina Gate 1
About 1703, The Residences at Marina Gate 1
1703 is a two-bedroom apartment of 1,472 sqft on the 17th 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 26 January 2023 for AED 4,000,000, or AED 2,718 per sqft, 39% above the AED 1,962 two-beds in the building were fetching at the time.
It has been rented continuously since 2024 on 5 Ejari contracts. The current contract, renewed on 4 February 2026, is AED 290,000 a year: a gross yield of 7.2% on the 2023 price, before the service charge of about AED 25,600 a year.
Sales and rents for 1703 over time
1703 has sold 3 times; 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 1703 sits
All 160 2-beds →1703 last sold in January 2023 at AED 2,718 per sqft, 39% above what two-beds in The Residences at Marina Gate 1 were fetching at the time (AED 1,962). 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. 1703's AED 290,000 is at the top 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 17th floor
All 389 units in The Residences at Marina Gate 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 2-bed | 1,471 sqft | AED 1.83MAED 1,831,250 · Aug 2014August 2014 | 105,000 /yr | |
| 1702 | 3-bed | 1,750 sqft | AED 3.9MAED 3,898,160 · Sep 2014September 2014 | 190,000 /yr | |
| 1704 | Studio | 536 sqft | AED 1.06MAED 1,060,000 · Sep 2016September 2016 | 70,000 /yr | |
| 1705 | 2-bed | 1,268 sqft | AED 1.91MAED 1,911,000 · Feb 2019February 2019 | 139,466 /yr | |
| 1706 | 2-bed | 1,381 sqft | AED 1.6MAED 1,600,000 · Aug 2020August 2020 | 192,000 /yr | |
| 1707 | 1-bed | 691 sqft | AED 1.9MAED 1,900,000 · Jul 2024July 2024 | 105,000 /yr | |
| 1708 | 1-bed | 691 sqft | AED 1.1MAED 1,100,000 · Jan 2020January 2020 | 140,000 /yr | |
| 1709 | 2-bed | 1,382 sqft | AED 2.4MAED 2,395,000 · Feb 2018February 2018 | ||
| 1710 | 1-bed | 903 sqft | AED 1.76MAED 1,761,625 · Feb 2015February 2015 | 134,638 /yr | |
| 1711 | 1-bed | 898 sqft | AED 1.8MAED 1,800,000 · May 2022May 2022 | 85,000 /yr |
1703, The Residences at Marina Gate 1 in numbers
- Sold 3 times: first on 3 September 2014 for AED 3,028,725, last on 26 January 2023 for AED 4,000,000 (AED 2,718 per sqft).
- Rented since February 2024 on 5 Ejari contracts, at AED 290,000 a year.
- At AED 290,000 a year the gross yield on the 2023 price is 7.2%, 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 4 February 2026.
Questions about 1703, The Residences at Marina Gate 1
What did unit 1703 last sell for?
AED 4,000,000 on 26 January 2023: AED 2,718 per sqft for 1,472 sqft. The unit has 3 registered sales; the first was AED 3,028,725 in September 2014.
What is the rent for unit 1703?
AED 290,000 a year on the contract renewed on 4 February 2026. The previous contract, from February 2025, was AED 290,000; the unit has been rented since February 2024.
How big is unit 1703?
1,472 sqft (136.8 sqm): a two-bedroom apartment on the 17th floor of a 50-storey tower completed in 2018.
What is unit 1703 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 1703, The Residences at Marina Gate 1
Starts from the last sale price (AED 4M, 26 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 4,000,000
- Deposit, UAE resident (20%)
- AED 800,000
- Deposit, non-resident (40%)
- AED 1,600,000
- Monthly over 25 years at 3.7%
- AED 16,365
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →