2-bed · 1,398 sqftThe Residences at Marina Gate 1, Dubai Marina · 31st floor · completed 2018

3109, The Residences at Marina Gate 1

Sold prices and rental history: sold once, by the developer in September 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3109 · DLD and Ejari recordsUpdated 17 September 2025
Last soldAED 2.59M2 September 2014
Current rentAED 130K /yr17 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3109, The Residences at Marina Gate 1

What is 3109 worth today?

Last sold for AED 2,594,680 in 2014

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17 Sep 2025RentedRenewal
AED 130,000/yr12 months · AED 94 per sqft
17 Sep 2024RentedRenewal
AED 130,000/yr12 months · AED 94 per sqft
17 Sep 2024RentedRenewal
AED 130,000/yr12 months · AED 94 per sqft
17 Sep 2020RentedNew contract
AED 120,000/yr12 months · AED 86 per sqft
26 Jul 2018RentedNew contract
AED 150,000/yr12 months · AED 107 per sqft
2 Sep 2014Sold by developerOff-plan
AED 2,594,680AED 1,855 per sqft

Source: Dubai Land Department. Updated 17 September 2025.

Key facts

Type
2-bed apartment
Size
1,398 sqft
Floor
31st of 50
Parking
P3-032
Developer
Select Global Development
Completed
2018
Service charge
AED 24,300 /yr
Last sold
AED 2.59M · September 2014

About 3109, The Residences at Marina Gate 1

3109 is a two-bedroom apartment of 1,398 sqft on the 31st 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 2 September 2014 for AED 2,594,680, or AED 1,855 per sqft, 4% below the AED 1,932 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 17 September 2025, is AED 130,000 a year: a gross yield of 5.0% on the 2014 price, before the service charge of about AED 24,300 a year.

Sales and rents for 3109 over time

Sales
Unit 3109, 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, September 2014: AED 2,594,680 (AED 1,855 per sqft)

3109 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3109, each contractTypical two-bed in The Residences at Marina Gate 1
150K2018202120242027Typical 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, July 2018: AED 150,000 a yearNew contract, September 2020: AED 120,000 a yearRenewal, September 2024: AED 130,000 a yearRenewal, September 2024: AED 130,000 a yearRenewal, September 2025: AED 130,000 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 3109 sits

All 160 2-beds →

3109 last sold in September 2014 at AED 1,855 per sqft, 4% below what two-beds in The Residences at Marina Gate 1 were fetching at the time (AED 1,932). 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. 3109's AED 130,000 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
31013-bedAED 4.5M · Oct 2022
31021-bedAED 1.85M · Oct 2021
31031-bedAED 2.05M · Nov 2021
31043-bedAED 4.11M · Sep 2014
31052-bedAED 2.6M · Aug 2022
31062-bedAED 3.39M · Feb 2026
31071-bedAED 1.98M · Mar 2024
1–7 of 9

3109, The Residences at Marina Gate 1 in numbers

  • Sold once: by Select Global Development on 2 September 2014 for AED 2,594,680, or AED 1,855 per sqft.
  • Rented since July 2018 on 5 Ejari contracts, from AED 150,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2014 price is 5.0%, before a service charge of about AED 24,300 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 17 September 2025.

Questions about 3109, The Residences at Marina Gate 1

What did unit 3109 last sell for?

AED 2,594,680 on 2 September 2014, sold by the developer: AED 1,855 per sqft for 1,398 sqft. It is the only registered sale of the unit.

What is the rent for unit 3109?

AED 130,000 a year on the contract renewed on 17 September 2025. The previous contract, from September 2024, was AED 130,000; the unit has been rented since July 2018.

How big is unit 3109?

1,398 sqft (129.9 sqm): a two-bedroom apartment on the 31st floor of a 50-storey tower completed in 2018.

What is unit 3109 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 3109, The Residences at Marina Gate 1

Starts from the last sale price (AED 2.59M, 2 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,594,680
Deposit, UAE resident (20%)
AED 518,936
Deposit, non-resident (40%)
AED 1,037,872
Monthly over 25 years at 3.7%
AED 10,616

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