1809, The Residences at Marina Gate 1
Sold prices and rental history: sold twice, last in August 2020, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1809, The Residences at Marina Gate 1
What is 1809 worth today?
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Source: Dubai Land Department. Updated 12 August 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 1,256 sqft
- Floor
- 18th of 50
- Parking
- P4-044
- Developer
- Select Global Development
- Completed
- 2018
- Service charge
- AED 21,800 /yr
- Last sold
- AED 1.89M · August 2020
- Building
- The Residences at Marina Gate 1
About 1809, The Residences at Marina Gate 1
1809 is a two-bedroom apartment of 1,256 sqft on the 18th 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 12 August 2020 for AED 1,890,000, or AED 1,504 per sqft, in line with the AED 1,499 two-beds in the building were fetching at the time.
It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 15 August 2019, is AED 130,000 a year: a gross yield of 6.9% on the 2020 price, before the service charge of about AED 21,800 a year.
Sales and rents for 1809 over time
1809 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 1809 sits
All 160 2-beds →1809 last sold in August 2020 at AED 1,504 per sqft, in line with what two-beds in The Residences at Marina Gate 1 were fetching at the time (AED 1,499). 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. 1809's AED 130,000 is in the lower 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 18th floor
All 389 units in The Residences at Marina Gate 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1801 | 3-bed | 1,993 sqft | AED 4.07MAED 4,073,030 · Jan 2015January 2015 | 280,000 /yr | |
| 1802 | 3-bed | 1,822 sqft | AED 3.79MAED 3,786,783 · Sep 2014September 2014 | 290,000 /yr | |
| 1803 | 3-bed | 1,994 sqft | AED 2.8MAED 2,800,000 · Jul 2020July 2020 | 176,000 /yr | |
| 1804 | 2-bed | 1,253 sqft | AED 2.38MAED 2,376,000 · Jan 2018January 2018 | ||
| 1805 | 2-bed | 1,388 sqft | AED 2.5MAED 2,500,000 · Nov 2021November 2021 | 180,000 /yr | |
| 1806 | 1-bed | 690 sqft | AED 1.83MAED 1,825,000 · Apr 2026April 2026 | 57,343 /yr | |
| 1807 | 1-bed | 690 sqft | AED 1.19MAED 1,189,963 · Jan 2017January 2017 | 85,000 /yr | |
| 1808 | 2-bed | 1,388 sqft | AED 2.56MAED 2,557,170 · Sep 2014September 2014 |
1809, The Residences at Marina Gate 1 in numbers
- Sold twice: first on 4 September 2014 for AED 2,365,898, last on 12 August 2020 for AED 1,890,000 (AED 1,504 per sqft).
- Rented since July 2018 on 2 Ejari contracts, from AED 135,000 to AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2020 price is 6.9%, before a service charge of about AED 21,800 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 12 August 2020.
Questions about 1809, The Residences at Marina Gate 1
What did unit 1809 last sell for?
AED 1,890,000 on 12 August 2020: AED 1,504 per sqft for 1,256 sqft. The unit has 2 registered sales; the first was AED 2,365,898 in September 2014.
What is the rent for unit 1809?
AED 130,000 a year on the contract signed on 15 August 2019. The previous contract, from July 2018, was AED 135,000.
How big is unit 1809?
1,256 sqft (116.7 sqm): a two-bedroom apartment on the 18th floor of a 50-storey tower completed in 2018.
What is unit 1809 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 1809, The Residences at Marina Gate 1
Starts from the last sale price (AED 1.89M, 12 August 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,890,000
- Deposit, UAE resident (20%)
- AED 378,000
- Deposit, non-resident (40%)
- AED 756,000
- Monthly over 25 years at 3.7%
- AED 7,733
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →