2007, The Residences at Marina Gate 1
Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2007, The Residences at Marina Gate 1
What is 2007 worth today?
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Source: Dubai Land Department. Updated 28 February 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 690 sqft
- Floor
- 20th of 50
- Parking
- P6-031
- Developer
- Select Global Development
- Completed
- 2018
- Service charge
- AED 12,000 /yr
- Last sold
- AED 1.77M · October 2023
- Building
- The Residences at Marina Gate 1
About 2007, The Residences at Marina Gate 1
2007 is a one-bedroom apartment of 690 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 October 2023 for AED 1,770,000, or AED 2,566 per sqft, 5% below the AED 2,693 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, signed on 28 February 2026, is AED 120,000 a year: a gross yield of 6.8% on the 2023 price, before the service charge of about AED 12,000 a year.
Sales and rents for 2007 over time
2007 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in The Residences at Marina Gate 1, and where 2007 sits
All 132 1-beds →2007 last sold in October 2023 at AED 2,566 per sqft, 5% below what one-beds in The Residences at Marina Gate 1 were fetching at the time (AED 2,693). Over the last 12 months one-beds sold for AED 1,825,000 to 2,150,000, around AED 2,572 per sqft, and rent for AED 72,000 to 200,000 a year. 2007's AED 120,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Apr 202616 April 2026 | 690 sqft | 1,825,000 | 2,646 | ||
| 30 Mar 202630 March 2026 | 834 sqft | 2,080,000 | 2,495 | ||
| 16 Mar 202616 March 2026 | 836 sqft | 2,150,000 | 2,572 | ||
| 29 Sep 202529 September 2025 | 898 sqft | 2,750,000 | 3,061 |
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. 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%
Other units on the 20th floor
All 389 units in The Residences at Marina Gate 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 3-bed | 1,993 sqft | AED 4.5MAED 4,500,000 · Oct 2022October 2022 | 360,000 /yr | |
| 2002 | 3-bed | 1,822 sqft | AED 3.92MAED 3,923,900 · Sep 2014September 2014 | 280,000 /yr | |
| 2003 | 3-bed | 1,994 sqft | AED 2.8MAED 2,800,000 · Feb 2020February 2020 | ||
| 2004 | 2-bed | 1,253 sqft | AED 3.06MAED 3,060,000 · Jan 2024January 2024 | 140,000 /yr | |
| 2005 | 2-bed | 1,388 sqft | AED 2.44MAED 2,437,000 · Jul 2019July 2019 | ||
| 2006 | 1-bed | 690 sqft | AED 2.05MAED 2,050,000 · Mar 2025March 2025 | 70,350 /yr | |
| 2008 | 2-bed | 1,388 sqft | AED 2.5MAED 2,495,000 · Feb 2022February 2022 | 125,000 /yr | |
| 2009 | 2-bed | 1,256 sqft | AED 3.9MAED 3,900,000 · Oct 2025October 2025 | 195,000 /yr |
2007, The Residences at Marina Gate 1 in numbers
- Sold twice: first on 9 September 2014 for AED 1,423,000, last on 19 October 2023 for AED 1,770,000 (AED 2,566 per sqft).
- Rented since June 2018 on 9 Ejari contracts. The rent fell from AED 90,000 to AED 60,000 in 2020 and recovered to AED 120,000 by February 2026.
- At AED 120,000 a year the gross yield on the 2023 price is 6.8%, before a service charge of about AED 12,000 a year (AED 17.37 per sqft).
- One-beds in The Residences at Marina Gate 1 sold for AED 1,825,000–2,150,000 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 28 February 2026.
Questions about 2007, The Residences at Marina Gate 1
What did unit 2007 last sell for?
AED 1,770,000 on 19 October 2023: AED 2,566 per sqft for 690 sqft. The unit has 2 registered sales; the first was AED 1,423,000 in September 2014.
What is the rent for unit 2007?
AED 120,000 a year on the contract signed on 28 February 2026. The previous contract, from November 2024, was AED 120,000; the unit has been rented since June 2018.
How big is unit 2007?
690 sqft (64.1 sqm): a one-bedroom apartment on the 20th floor of a 50-storey tower completed in 2018.
What is unit 2007 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Residences at Marina Gate 1 sold for AED 1,825,000 to 2,150,000 in the last 12 months, around AED 2,572 per sqft.
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Mortgage on 2007, The Residences at Marina Gate 1
Starts from the last sale price (AED 1.77M, 19 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,770,000
- Deposit, UAE resident (20%)
- AED 354,000
- Deposit, non-resident (40%)
- AED 708,000
- Monthly over 25 years at 3.7%
- AED 7,242
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →