Studio · 536 sqftThe Residences at Marina Gate 1, Dubai Marina · 17th floor · completed 2018

1704, The Residences at Marina Gate 1

Sold prices and rental history: sold twice, last in September 2016, and rented once, from August 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1704 · DLD and Ejari recordsUpdated 30 August 2018

Last soldAED 1.06M22 September 2016

Current rentAED 70K /yr30 August 2018

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1704, The Residences at Marina Gate 1

Today

What is 1704 worth today?

Last sold for AED 1,060,000 in 2016

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30 Aug 2018

30 Aug 2018RentedNew contract

AED 70,000/yr12 months · AED 128 per sqft

22 Sep 2016

22 Sep 2016SoldOff-plan

AED 1,060,000AED 1,977 per sqft

10 Sep 2014

10 Sep 2014Sold by developerOff-plan

AED 1,287,000AED 2,361 per sqft

Source: Dubai Land Department. Updated 30 August 2018.

Key facts

Type: Studio apartment
Size: 536 sqft
Floor: 17th of 50
Parking: P6-054
Developer: Select Global Development
Completed: 2018
Service charge: AED 9,300 /yr
Last sold: AED 1.06M · September 2016
Building: The Residences at Marina Gate 1

About 1704, The Residences at Marina Gate 1

1704 is a studio of 536 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 22 September 2016 for AED 1,060,000, or AED 1,977 per sqft.

One Ejari contract is registered, from 30 August 2018. The current contract, signed on 30 August 2018, is AED 70,000 a year: a gross yield of 6.6% on the 2016 price, before the service charge of about AED 9,300 a year.

Sales and rents for 1704 over time

Rents

Unit 1704, each contractTypical studio in The Residences at Marina Gate 1

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in The Residences at Marina Gate 1, and where 1704 sits

All 9 studios →

The Residences at Marina Gate 1 · all types2,799 /sqft

1704's AED 70,000 is at the bottom of that range.

Recent studio sales	Size	Price (AED)	Per sqft
26 Sep 202526 September 2025	545 sqft	1,592,000	2,920
19 Apr 202419 April 2024	545 sqft	1,400,000	2,568
3 Jan 20243 January 2024	545 sqft	1,400,000	2,568
16 May 201916 May 2019	545 sqft	900,000	1,651

0 studio sales in the last 12 months

The Residences at Marina Gate 1

Building

389 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%

The Residences at Marina Gate 1, Dubai Marina: prices, sales and rents →

Other units on the 17th floor

All 389 units in The Residences at Marina Gate 1


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
1703	2-bed	1,472 sqft	AED 4MAED 4,000,000 · Jan 2023January 2023	290,000 /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

1–7 of 10

1704, The Residences at Marina Gate 1 in numbers

Sold twice: first on 10 September 2014 for AED 1,287,000, last on 22 September 2016 for AED 1,060,000 (AED 1,977 per sqft).
Rented since August 2018 on one Ejari contract, at AED 70,000 a year.
At AED 70,000 a year the gross yield on the 2016 price is 6.6%, before a service charge of about AED 9,300 a year (AED 17.37 per sqft).

Source: Dubai Land Department. Updated 30 August 2018.

Questions about 1704, The Residences at Marina Gate 1

What did unit 1704 last sell for?

AED 1,060,000 on 22 September 2016: AED 1,977 per sqft for 536 sqft. The unit has 2 registered sales; the first was AED 1,287,000 in September 2014.

What is the rent for unit 1704?

AED 70,000 a year on the contract signed on 30 August 2018.

How big is unit 1704?

536 sqft (49.8 sqm): a studio on the 17th floor of a 50-storey tower completed in 2018.

What is unit 1704 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1704, The Residences at Marina Gate 1

Starts from the last sale price (AED 1.06M, 22 September 2016). Switch to today's estimate once you have unlocked it.

Price: AED 1,060,000
Deposit, UAE resident (20%): AED 212,000
Deposit, non-resident (40%): AED 424,000
Monthly over 25 years at 3.7%: AED 4,337

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →