2-bed · 1,325 sqftThe Residences at Marina Gate 1, Dubai Marina · 34th floor · completed 2018

3405, The Residences at Marina Gate 1

Sold prices and rental history: sold once, by the developer in February 2019, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3405 · DLD and Ejari recordsUpdated 14 October 2026
Last soldAED 2.02M25 February 2019
Current rentAED 153K /yr14 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3405, The Residences at Marina Gate 1

What is 3405 worth today?

Last sold for AED 2,019,000 in 2019

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14 Oct 2026RentedRenewal
AED 153,412/yr12 months · AED 116 per sqft
14 Oct 2025RentedRenewal
AED 139,466/yr12 months · AED 105 per sqft
14 Oct 2024RentedRenewal
AED 121,275/yr12 months · AED 92 per sqft
14 Oct 2024RentedRenewal
AED 121,275/yr12 months · AED 92 per sqft
14 Oct 2023RentedRenewal
AED 110,250/yr12 months · AED 83 per sqft
14 Oct 2022RentedRenewal
AED 105,000/yr12 months · AED 79 per sqft
14 Oct 2021RentedRenewal
AED 100,000/yr12 months · AED 75 per sqft
14 Oct 2020RentedNew contract
AED 100,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 14 October 2026.

Key facts

Type
2-bed apartment
Size
1,325 sqft
Floor
34th of 50
Parking
P3-045
Developer
Select Global Development
Completed
2018
Service charge
AED 23,000 /yr
Last sold
AED 2.02M · February 2019

About 3405, The Residences at Marina Gate 1

3405 is a two-bedroom apartment of 1,325 sqft on the 34th 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 25 February 2019 for AED 2,019,000, or AED 1,524 per sqft, 13% below the AED 1,758 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 10 Ejari contracts. The current contract, renewed on 14 October 2026, is AED 153,412 a year: a gross yield of 7.6% on the 2019 price, before the service charge of about AED 23,000 a year.

Sales and rents for 3405 over time

Sales
Unit 3405, 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, February 2019: AED 2,019,000 (AED 1,524 per sqft)

3405 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3405, 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, August 2018: AED 133,000 a yearNew contract, August 2019: AED 132,558 a yearNew contract, October 2020: AED 100,000 a yearRenewal, October 2021: AED 100,000 a yearRenewal, October 2022: AED 105,000 a yearRenewal, October 2023: AED 110,250 a yearRenewal, October 2024: AED 121,275 a yearRenewal, October 2024: AED 121,275 a yearRenewal, October 2025: AED 139,466 a yearRenewal, October 2026: AED 153,412 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 3405 sits

All 160 2-beds →

3405 last sold in February 2019 at AED 1,524 per sqft, 13% below what two-beds in The Residences at Marina Gate 1 were fetching at the time (AED 1,758). 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. 3405's AED 153,412 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
34013-bedAED 3.58M · Mar 2019
34021-bedAED 1.9M · Jan 2018
34031-bedAED 1.9M · Jan 2018
34043-bedAED 5.68M · Jul 2024
34062-bedAED 2.5M · Mar 2019
34071-bedAED 1.52M · Oct 2021
34081-bedAED 1.57M · Sep 2014
1–7 of 9

3405, The Residences at Marina Gate 1 in numbers

  • Sold once: by Select Global Development on 25 February 2019 for AED 2,019,000, or AED 1,524 per sqft.
  • Rented since August 2018 on 10 Ejari contracts. The rent fell from AED 133,000 to AED 100,000 in 2021 and recovered to AED 153,412 by October 2026.
  • At AED 153,412 a year the gross yield on the 2019 price is 7.6%, 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 14 October 2026.

Questions about 3405, The Residences at Marina Gate 1

What did unit 3405 last sell for?

AED 2,019,000 on 25 February 2019, sold by the developer: AED 1,524 per sqft for 1,325 sqft. It is the only registered sale of the unit.

What is the rent for unit 3405?

AED 153,412 a year on the contract renewed on 14 October 2026. The previous contract, from October 2025, was AED 139,466; the unit has been rented since August 2018.

How big is unit 3405?

1,325 sqft (123.1 sqm): a two-bedroom apartment on the 34th floor of a 50-storey tower completed in 2018.

What is unit 3405 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 3405, The Residences at Marina Gate 1

Starts from the last sale price (AED 2.02M, 25 February 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,019,000
Deposit, UAE resident (20%)
AED 403,800
Deposit, non-resident (40%)
AED 807,600
Monthly over 25 years at 3.7%
AED 8,260

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