2-bed · 1,325 sqftThe Residences at Marina Gate 1, Dubai Marina · 29th floor · completed 2018

2905, The Residences at Marina Gate 1

Sold prices and rental history: sold once, by the developer in August 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2905 · DLD and Ejari recordsUpdated 8 August 2026
Last soldAED 1.99M20 August 2019
Current rentAED 155K /yr8 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2905, The Residences at Marina Gate 1

What is 2905 worth today?

Last sold for AED 1,987,065 in 2019

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8 Aug 2026RentedNew contract
AED 155,000/yr12 months · AED 117 per sqft
7 Feb 2025RentedRenewal
AED 126,000/yr12 months · AED 95 per sqft
7 Feb 2025RentedRenewal
AED 126,000/yr12 months · AED 95 per sqft
7 Feb 2024RentedRenewal
AED 120,000/yr12 months · AED 91 per sqft
7 Feb 2024RentedRenewal
AED 120,000/yr12 months · AED 91 per sqft
7 Feb 2023RentedRenewal
AED 120,000/yr12 months · AED 91 per sqft
7 Feb 2022RentedNew contract
AED 120,000/yr12 months · AED 91 per sqft
6 Feb 2021RentedRenewal
AED 110,000/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 8 August 2026.

Key facts

Type
2-bed apartment
Size
1,325 sqft
Floor
29th of 50
Parking
P3-022
Developer
Select Global Development
Completed
2018
Service charge
AED 23,000 /yr
Last sold
AED 1.99M · August 2019

About 2905, The Residences at Marina Gate 1

2905 is a two-bedroom apartment of 1,325 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. The developer sold it on 20 August 2019 for AED 1,987,065, or AED 1,499 per sqft, 5% below the AED 1,573 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 9 Ejari contracts. The current contract, signed on 8 August 2026, is AED 155,000 a year: a gross yield of 7.8% on the 2019 price, before the service charge of about AED 23,000 a year.

Sales and rents for 2905 over time

Sales
Unit 2905, each saleTypical two-bed in The Residences at Marina Gate 1
2M3M2014201820222026Typical sale price by year: 2014 AED 2,587,580; 2015 AED 2,546,145; 2016 AED 2,510,255; 2017 AED 2,475,000; 2018 AED 2,471,000; 2019 AED 2,093,790; 2020 AED 1,895,000; 2021 AED 2,180,000; 2022 AED 2,600,000; 2023 AED 3,200,000; 2024 AED 3,625,000; 2025 AED 3,400,000; 2026 AED 3,445,000Sold by developer, August 2019: AED 1,987,065 (AED 1,499 per sqft)

2905 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2905, each contractTypical two-bed in The Residences at Marina Gate 1
100K150K2018202120242027Typical rent by year: 2018 AED 144,000; 2019 AED 131,779; 2020 AED 124,000; 2021 AED 125,000; 2022 AED 135,000; 2023 AED 152,500; 2024 AED 180,000; 2025 AED 180,000; 2026 AED 173,125New contract, February 2020: AED 125,000 a yearRenewal, February 2021: AED 110,000 a yearNew contract, February 2022: AED 120,000 a yearRenewal, February 2023: AED 120,000 a yearRenewal, February 2024: AED 120,000 a yearRenewal, February 2024: AED 120,000 a yearRenewal, February 2025: AED 126,000 a yearRenewal, February 2025: AED 126,000 a yearNew contract, August 2026: AED 155,000 a year

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 2905 sits

All 160 2-beds →

2905 last sold in August 2019 at AED 1,499 per sqft, 5% below what two-beds in The Residences at Marina Gate 1 were fetching at the time (AED 1,573). 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. 2905's AED 155,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
18 Sep 20262,990,000
2 Sep 20263,500,000
12 May 20263,750,000
27 Feb 20263,390,000
5 2-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. 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%
The Residences at Marina Gate 1, Dubai Marina: prices, sales and rents →
Value
29013-bedAED 5.55M · Feb 2024
29021-bedAED 2.03M · Jan 2018
29031-bedAED 1.9M · Jul 2018
29043-bedAED 4.1M · Aug 2014
29062-bedAED 3.37M · May 2024
29071-bedAED 2.15M · Mar 2026
29081-bedAED 1.55M · Jun 2018
1–7 of 9

2905, The Residences at Marina Gate 1 in numbers

  • Sold once: by Select Global Development on 20 August 2019 for AED 1,987,065, or AED 1,499 per sqft.
  • Rented since February 2020 on 9 Ejari contracts. The rent fell from AED 125,000 to AED 110,000 in 2021 and recovered to AED 155,000 by August 2026.
  • At AED 155,000 a year the gross yield on the 2019 price is 7.8%, before a service charge of about AED 23,000 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 8 August 2026.

Questions about 2905, The Residences at Marina Gate 1

What did unit 2905 last sell for?

AED 1,987,065 on 20 August 2019, sold by the developer: AED 1,499 per sqft for 1,325 sqft. It is the only registered sale of the unit.

What is the rent for unit 2905?

AED 155,000 a year on the contract signed on 8 August 2026. The previous contract, from February 2025, was AED 126,000; the unit has been rented since February 2020.

How big is unit 2905?

1,325 sqft (123.1 sqm): a two-bedroom apartment on the 29th floor of a 50-storey tower completed in 2018.

What is unit 2905 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 2905, The Residences at Marina Gate 1

Starts from the last sale price (AED 1.99M, 20 August 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,987,065
Deposit, UAE resident (20%)
AED 397,413
Deposit, non-resident (40%)
AED 794,826
Monthly over 25 years at 3.7%
AED 8,130

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