3-bed · 1,994 sqftThe Residences at Marina Gate 1, Dubai Marina · 20th floor · completed 2018

2003, The Residences at Marina Gate 1

Sold prices and rental history: sold twice, last in February 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2003 · DLD and Ejari recordsUpdated 19 February 2020
Last soldAED 2.8M19 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2003, The Residences at Marina Gate 1

What is 2003 worth today?

Last sold for AED 2,800,000 in 2020

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19 Feb 2020SoldReady
AED 2,800,000AED 1,404 per sqft
18 Aug 2014Sold by developerOff-plan
AED 4,070,800AED 2,041 per sqft

Source: Dubai Land Department. Updated 19 February 2020.

Key facts

Type
3-bed apartment
Size
1,994 sqft
Floor
20th of 50
Parking
P3-039, P3-039 T
Developer
Select Global Development
Completed
2018
Service charge
AED 34,600 /yr
Last sold
AED 2.8M · February 2020

About 2003, The Residences at Marina Gate 1

2003 is a three-bedroom apartment of 1,994 sqft on the 20th 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 19 February 2020 for AED 2,800,000, or AED 1,404 per sqft, 14% below the AED 1,628 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2003 over time

Sales
Unit 2003, each saleTypical three-bed in The Residences at Marina Gate 1
4M6M2014201820222026Typical sale price by year: 2014 AED 4,116,360; 2015 AED 4,136,245; 2016 AED 4,060,800; 2017 AED 3,918,500; 2018 AED 4,010,000; 2019 AED 3,400,000; 2020 AED 2,875,000; 2021 AED 3,765,000; 2022 AED 4,425,000; 2023 AED 4,975,000; 2024 AED 5,650,000; 2025 AED 6,250,000; 2026 AED 5,775,000Sold by developer, August 2014: AED 4,070,800 (AED 2,041 per sqft)Sold, February 2020: AED 2,800,000 (AED 1,404 per sqft)

2003 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2003, each contractTypical three-bed in The Residences at Marina Gate 1
200K300K2018202120242027Typical rent by year: 2018 AED 206,250; 2019 AED 200,000; 2020 AED 190,000; 2021 AED 195,000; 2022 AED 220,000; 2023 AED 277,500; 2024 AED 310,000; 2025 AED 320,000; 2026 AED 298,500

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

3-beds in The Residences at Marina Gate 1, and where 2003 sits

All 76 3-beds →

2003 last sold in February 2020 at AED 1,404 per sqft, 14% below what three-beds in The Residences at Marina Gate 1 were fetching at the time (AED 1,628). Over the last 12 months three-beds sold for AED 5,100,000 to 7,000,000, around AED 3,193 per sqft, and rent for AED 80,000 to 836,280 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
4 Nov 20265,850,000
6 Aug 20265,700,000
16 Jun 20265,100,000
28 Apr 20267,000,000
7 3-bed 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. 16 sold in the last 12 months.

Typical price per sqft
AED 2,723 Down 1.2%
Typical sale
AED 3.63M
Typical rent
AED 160K /yr
Typical yield
5.3%
The Residences at Marina Gate 1, Dubai Marina: prices, sales and rents →
Value
20013-bedAED 4.5M · Oct 2022
20023-bedAED 3.92M · Sep 2014
20042-bedAED 3.06M · Jan 2024
20052-bedAED 2.44M · Jul 2019
20061-bedAED 2.05M · Mar 2025
20071-bedAED 1.77M · Oct 2023
20082-bedAED 2.5M · Feb 2022
1–7 of 8

2003, The Residences at Marina Gate 1 in numbers

  • Sold twice: first on 18 August 2014 for AED 4,070,800, last on 19 February 2020 for AED 2,800,000 (AED 1,404 per sqft).
  • Three-beds in The Residences at Marina Gate 1 sold for AED 5,100,000–7,000,000 in the 12 months to November 2026; the building's median across all types is AED 2,723 per sqft.

Source: Dubai Land Department. Updated 19 February 2020.

Questions about 2003, The Residences at Marina Gate 1

What did unit 2003 last sell for?

AED 2,800,000 on 19 February 2020: AED 1,404 per sqft for 1,994 sqft. The unit has 2 registered sales; the first was AED 4,070,800 in August 2014.

How big is unit 2003?

1,994 sqft (185.2 sqm): a three-bedroom apartment on the 20th floor of a 50-storey tower completed in 2018.

What is unit 2003 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Residences at Marina Gate 1 sold for AED 5,100,000 to 7,000,000 in the last 12 months, around AED 3,193 per sqft.

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Mortgage on 2003, The Residences at Marina Gate 1

Starts from the last sale price (AED 2.8M, 19 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,800,000
Deposit, UAE resident (20%)
AED 560,000
Deposit, non-resident (40%)
AED 1,120,000
Monthly over 25 years at 3.7%
AED 11,456

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