1909, The Residences at Marina Gate 1
Sold prices and rental history: sold twice, last in September 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 1909, The Residences at Marina Gate 1
What is 1909 worth today?
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Source: Dubai Land Department. Updated 17 September 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 1,256 sqft
- Floor
- 19th of 50
- Parking
- P4-048
- Developer
- Select Global Development
- Completed
- 2018
- Service charge
- AED 21,800 /yr
- Last sold
- AED 1.75M · September 2020
- Building
- The Residences at Marina Gate 1
About 1909, The Residences at Marina Gate 1
1909 is a two-bedroom apartment of 1,256 sqft on the 19th 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 17 September 2020 for AED 1,750,000, or AED 1,392 per sqft, 4% below the AED 1,457 two-beds in the building were fetching at the time.
It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 25 June 2020, is AED 145,000 a year: a gross yield of 8.3% on the 2020 price, before the service charge of about AED 21,800 a year.
Sales and rents for 1909 over time
1909 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 1909 sits
All 160 2-beds →1909 last sold in September 2020 at AED 1,392 per sqft, 4% below what two-beds in The Residences at Marina Gate 1 were fetching at the time (AED 1,457). 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. 1909's AED 145,000 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
- 5.0%
Other units on the 19th floor
All 389 units in The Residences at Marina Gate 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1901 | 3-bed | 1,993 sqft | AED 5.7MAED 5,700,000 · Nov 2023November 2023 | 290,000 /yr | |
| 1902 | 3-bed | 1,822 sqft | AED 3.91MAED 3,913,900 · Sep 2014September 2014 | 288,000 /yr | |
| 1903 | 3-bed | 1,994 sqft | AED 832KAED 832,464 · Apr 2018April 2018 | 285,000 /yr | |
| 1904 | 2-bed | 1,253 sqft | AED 2.34MAED 2,335,000 · Nov 2017November 2017 | 75,000 /yr | |
| 1905 | 2-bed | 1,388 sqft | AED 2.6MAED 2,600,000 · Oct 2021October 2021 | 240,000 /yr | |
| 1906 | 1-bed | 690 sqft | AED 1.49MAED 1,485,000 · Apr 2022April 2022 | 110,000 /yr | |
| 1907 | 1-bed | 690 sqft | AED 1.35MAED 1,350,000 · Apr 2022April 2022 | 105,000 /yr | |
| 1908 | 2-bed | 1,388 sqft | AED 1.8MAED 1,800,000 · Oct 2020October 2020 |
1909, The Residences at Marina Gate 1 in numbers
- Sold twice: first on 14 August 2014 for AED 2,444,070, last on 17 September 2020 for AED 1,750,000 (AED 1,392 per sqft).
- Rented since June 2018 on 3 Ejari contracts, from AED 150,000 to AED 145,000 a year.
- At AED 145,000 a year the gross yield on the 2020 price is 8.3%, 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 17 September 2020.
Questions about 1909, The Residences at Marina Gate 1
What did unit 1909 last sell for?
AED 1,750,000 on 17 September 2020: AED 1,392 per sqft for 1,256 sqft. The unit has 2 registered sales; the first was AED 2,444,070 in August 2014.
What is the rent for unit 1909?
AED 145,000 a year on the contract renewed on 25 June 2020. The previous contract, from June 2019, was AED 145,000; the unit has been rented since June 2018.
How big is unit 1909?
1,256 sqft (116.7 sqm): a two-bedroom apartment on the 19th floor of a 50-storey tower completed in 2018.
What is unit 1909 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 1909, The Residences at Marina Gate 1
Starts from the last sale price (AED 1.75M, 17 September 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,750,000
- Deposit, UAE resident (20%)
- AED 350,000
- Deposit, non-resident (40%)
- AED 700,000
- Monthly over 25 years at 3.7%
- AED 7,160
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →