2901, The Residences at Marina Gate 1
Sold prices and rental history: sold 3 times, last in February 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 2901, The Residences at Marina Gate 1
What is 2901 worth today?
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Source: Dubai Land Department. Updated 7 February 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,957 sqft
- Floor
- 29th of 50
- Parking
- M-005, M-005 T
- Developer
- Select Global Development
- Completed
- 2018
- Service charge
- AED 34,000 /yr
- Last sold
- AED 5.55M · February 2024
- Building
- The Residences at Marina Gate 1
About 2901, The Residences at Marina Gate 1
2901 is a three-bedroom apartment of 1,957 sqft on the 29th 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 7 February 2024 for AED 5,550,000, or AED 2,836 per sqft, 11% above the AED 2,555 three-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 27 June 2022, is AED 200,000 a year: a gross yield of 3.6% on the 2024 price, before the service charge of about AED 34,000 a year.
Sales and rents for 2901 over time
2901 has sold 3 times; the dashed line is the three-bed median of each year in the building.
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 2901 sits
All 76 3-beds →2901 last sold in February 2024 at AED 2,836 per sqft, 11% above what three-beds in The Residences at Marina Gate 1 were fetching at the time (AED 2,555). 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. 2901's AED 200,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Nov 20264 November 2026 | 1,994 sqft | 5,850,000 | 2,933 | ||
| 6 Aug 20266 August 2026 | 1,959 sqft | 5,700,000 | 2,909 | ||
| 16 Jun 202616 June 2026 | 1,822 sqft | 5,100,000 | 2,799 | ||
| 28 Apr 202628 April 2026 | 1,957 sqft | 7,000,000 | 3,577 |
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 29th floor
All 389 units in The Residences at Marina Gate 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2902 | 1-bed | 868 sqft | AED 2.03MAED 2,032,000 · Jan 2018January 2018 | ||
| 2903 | 1-bed | 868 sqft | AED 1.9MAED 1,900,000 · Jul 2018July 2018 | 170,000 /yr | |
| 2904 | 3-bed | 1,959 sqft | AED 4.1MAED 4,096,360 · Aug 2014August 2014 | 182,326 /yr | |
| 2905 | 2-bed | 1,325 sqft | AED 1.99MAED 1,987,065 · Aug 2019August 2019 | 155,000 /yr | |
| 2906 | 2-bed | 1,396 sqft | AED 3.37MAED 3,370,000 · May 2024May 2024 | 235,000 /yr | |
| 2907 | 1-bed | 836 sqft | AED 2.15MAED 2,150,000 · Mar 2026March 2026 | 120,000 /yr | |
| 2908 | 1-bed | 834 sqft | AED 1.55MAED 1,545,000 · Jun 2018June 2018 | 105,000 /yr | |
| 2909 | 2-bed | 1,398 sqft | AED 2.12MAED 2,115,000 · Feb 2021February 2021 | 140,000 /yr | |
| 2910 | 2-bed | 1,325 sqft | AED 2.5MAED 2,500,000 · Apr 2022April 2022 | 120,000 /yr |
2901, The Residences at Marina Gate 1 in numbers
- Sold 3 times: first on 2 September 2014 for AED 4,234,050, last on 7 February 2024 for AED 5,550,000 (AED 2,836 per sqft).
- Rented since May 2018 on 5 Ejari contracts, from AED 220,000 to AED 200,000 a year.
- At AED 200,000 a year the gross yield on the 2024 price is 3.6%, before a service charge of about AED 34,000 a year (AED 17.37 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 2,799 per sqft.
Source: Dubai Land Department. Updated 7 February 2024.
Questions about 2901, The Residences at Marina Gate 1
What did unit 2901 last sell for?
AED 5,550,000 on 7 February 2024: AED 2,836 per sqft for 1,957 sqft. The unit has 3 registered sales; the first was AED 4,234,050 in September 2014.
What is the rent for unit 2901?
AED 200,000 a year on the contract signed on 27 June 2022. The previous contract, from June 2021, was AED 200,000; the unit has been rented since May 2018.
How big is unit 2901?
1,957 sqft (181.8 sqm): a three-bedroom apartment on the 29th floor of a 50-storey tower completed in 2018.
What is unit 2901 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 2901, The Residences at Marina Gate 1
Starts from the last sale price (AED 5.55M, 7 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 5,550,000
- Deposit, UAE resident (20%)
- AED 1,110,000
- Deposit, non-resident (40%)
- AED 2,220,000
- Monthly over 25 years at 3.7%
- AED 22,707
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →