2309, The Residences at Marina Gate 1
Sold prices and rental history: sold twice, last in October 2019, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2309, The Residences at Marina Gate 1
What is 2309 worth today?
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Source: Dubai Land Department. Updated 28 December 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,256 sqft
- Floor
- 23rd of 50
- Parking
- P3-009
- Developer
- Select Global Development
- Completed
- 2018
- Service charge
- AED 21,800 /yr
- Last sold
- AED 1.82M · October 2019
- Building
- The Residences at Marina Gate 1
About 2309, The Residences at Marina Gate 1
2309 is a two-bedroom apartment of 1,256 sqft on the 23rd 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 9 October 2019 for AED 1,820,000, or AED 1,448 per sqft, 5% below the AED 1,524 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 11 Ejari contracts. The current contract, signed on 28 December 2025, is AED 215,000 a year: a gross yield of 11.8% on the 2019 price, before the service charge of about AED 21,800 a year.
Sales and rents for 2309 over time
2309 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 2309 sits
All 160 2-beds →2309 last sold in October 2019 at AED 1,448 per sqft, 5% below what two-beds in The Residences at Marina Gate 1 were fetching at the time (AED 1,524). 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. 2309's AED 215,000 is in the upper 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 23rd floor
All 389 units in The Residences at Marina Gate 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | 3-bed | 1,993 sqft | AED 4.4MAED 4,400,000 · Jan 2015January 2015 | 230,000 /yr | |
| 2302 | 3-bed | 1,822 sqft | AED 4.12MAED 4,123,000 · Jan 2018January 2018 | 290,000 /yr | |
| 2303 | 3-bed | 1,994 sqft | AED 3.4MAED 3,400,000 · Jan 2019January 2019 | ||
| 2304 | 2-bed | 1,253 sqft | AED 2.38MAED 2,377,000 · Mar 2018March 2018 | 172,000 /yr | |
| 2305 | 2-bed | 1,388 sqft | AED 2.48MAED 2,476,500 · May 2018May 2018 | 150,000 /yr | |
| 2306 | 1-bed | 690 sqft | AED 1.44MAED 1,438,000 · Sep 2015September 2015 | 100,000 /yr | |
| 2307 | 1-bed | 690 sqft | AED 1.42MAED 1,423,620 · Jan 2015January 2015 | 120,000 /yr | |
| 2308 | 2-bed | 1,388 sqft | AED 2.51MAED 2,505,510 · Oct 2016October 2016 |
2309, The Residences at Marina Gate 1 in numbers
- Sold twice: first on 29 December 2014 for AED 2,495,000, last on 9 October 2019 for AED 1,820,000 (AED 1,448 per sqft).
- Rented since October 2019 on 11 Ejari contracts. The rent fell from AED 140,000 to AED 101,640 in 2025 and recovered to AED 215,000 by December 2025.
- At AED 215,000 a year the gross yield on the 2019 price is 11.8%, 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 28 December 2025.
Questions about 2309, The Residences at Marina Gate 1
What did unit 2309 last sell for?
AED 1,820,000 on 9 October 2019: AED 1,448 per sqft for 1,256 sqft. The unit has 2 registered sales; the first was AED 2,495,000 in December 2014.
What is the rent for unit 2309?
AED 215,000 a year on the contract signed on 28 December 2025. The previous contract, from May 2025, was AED 101,640; the unit has been rented since October 2019.
How big is unit 2309?
1,256 sqft (116.7 sqm): a two-bedroom apartment on the 23rd floor of a 50-storey tower completed in 2018.
What is unit 2309 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 2309, The Residences at Marina Gate 1
Starts from the last sale price (AED 1.82M, 9 October 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,820,000
- Deposit, UAE resident (20%)
- AED 364,000
- Deposit, non-resident (40%)
- AED 728,000
- Monthly over 25 years at 3.7%
- AED 7,446
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →