2803, The Residences at Marina Gate 1
Sold prices and rental history: sold twice, last in August 2024, 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 2803, The Residences at Marina Gate 1
What is 2803 worth today?
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Source: Dubai Land Department. Updated 20 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 868 sqft
- Floor
- 28th of 50
- Parking
- P6-043
- Developer
- Select Global Development
- Completed
- 2018
- Service charge
- AED 15,100 /yr
- Last sold
- AED 2.75M · August 2024
- Building
- The Residences at Marina Gate 1
About 2803, The Residences at Marina Gate 1
2803 is a one-bedroom apartment of 868 sqft on the 28th 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 20 August 2024 for AED 2,750,000, or AED 3,167 per sqft, 18% above the AED 2,693 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 20 August 2024, is AED 130,169 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 15,100 a year.
Sales and rents for 2803 over time
2803 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 2803 sits
All 132 1-beds →2803 last sold in August 2024 at AED 3,167 per sqft, 18% above 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. 2803's AED 130,169 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. 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 28th floor
All 389 units in The Residences at Marina Gate 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2801 | 3-bed | 1,957 sqft | AED 4.1MAED 4,102,179 · Sep 2014September 2014 | 315,000 /yr | |
| 2802 | 1-bed | 868 sqft | AED 2.01MAED 2,014,000 · Feb 2018February 2018 | 140,000 /yr | |
| 2804 | 3-bed | 1,959 sqft | AED 4.09MAED 4,091,360 · Sep 2014September 2014 | 360,000 /yr | |
| 2805 | 2-bed | 1,325 sqft | AED 2.39MAED 2,390,000 · Oct 2016October 2016 | 170,000 /yr | |
| 2806 | 2-bed | 1,396 sqft | AED 3.1MAED 3,100,000 · Jul 2025July 2025 | 160,000 /yr | |
| 2807 | 1-bed | 836 sqft | AED 1.49MAED 1,492,758 · Sep 2014September 2014 | 95,000 /yr | |
| 2808 | 1-bed | 834 sqft | AED 1.3MAED 1,297,140 · Jan 2017January 2017 | 72,000 /yr | |
| 2809 | 2-bed | 1,398 sqft | AED 3.65MAED 3,650,000 · Apr 2024April 2024 | 225,000 /yr | |
| 2810 | 2-bed | 1,325 sqft | AED 3.3MAED 3,300,000 · Jul 2023July 2023 | 200,000 /yr |
2803, The Residences at Marina Gate 1 in numbers
- Sold twice: first on 4 February 2018 for AED 2,014,000, last on 20 August 2024 for AED 2,750,000 (AED 3,167 per sqft).
- Rented since May 2018 on 6 Ejari contracts, from AED 120,000 to AED 130,169 a year.
- At AED 130,169 a year the gross yield on the 2024 price is 4.7%, before a service charge of about AED 15,100 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 2,799 per sqft.
Source: Dubai Land Department. Updated 20 August 2024.
Questions about 2803, The Residences at Marina Gate 1
What did unit 2803 last sell for?
AED 2,750,000 on 20 August 2024: AED 3,167 per sqft for 868 sqft. The unit has 2 registered sales; the first was AED 2,014,000 in February 2018.
What is the rent for unit 2803?
AED 130,169 a year on the contract signed on 20 August 2024. The previous contract, from August 2024, was AED 129,745; the unit has been rented since May 2018.
How big is unit 2803?
868 sqft (80.6 sqm): a one-bedroom apartment on the 28th floor of a 50-storey tower completed in 2018.
What is unit 2803 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 2803, The Residences at Marina Gate 1
Starts from the last sale price (AED 2.75M, 20 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,750,000
- Deposit, UAE resident (20%)
- AED 550,000
- Deposit, non-resident (40%)
- AED 1,100,000
- Monthly over 25 years at 3.7%
- AED 11,251
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →