4005, The Residences at Marina Gate 1
Sold prices and rental history: sold once, by the developer in April 2019, and rented once, from December 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4005, The Residences at Marina Gate 1
What is 4005 worth today?
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Source: Dubai Land Department. Updated 29 December 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 1,325 sqft
- Floor
- 40th of 50
- Parking
- P2-018
- Developer
- Select Global Development
- Completed
- 2018
- Service charge
- AED 23,000 /yr
- Last sold
- AED 2.45M · April 2019
- Building
- The Residences at Marina Gate 1
About 4005, The Residences at Marina Gate 1
4005 is a two-bedroom apartment of 1,325 sqft on the 40th 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 4 April 2019 for AED 2,450,000, or AED 1,849 per sqft, 5% above the AED 1,759 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 29 December 2020. The current contract, signed on 29 December 2020, is AED 150,000 a year: a gross yield of 6.1% on the 2019 price, before the service charge of about AED 23,000 a year.
Sales and rents for 4005 over time
4005 has sold once; the dashed line is the two-bed median of each year in the building.
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 4005 sits
All 160 2-beds →4005 last sold in April 2019 at AED 1,849 per sqft, 5% above what two-beds in The Residences at Marina Gate 1 were fetching at the time (AED 1,759). 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. 4005's AED 150,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Sep 202618 September 2026 | 1,268 sqft | 2,990,000 | 2,358 | ||
| 2 Sep 20262 September 2026 | 1,325 sqft | 3,500,000 | 2,641 | ||
| 12 May 202612 May 2026 | 1,256 sqft | 3,750,000 | 2,984 | ||
| 27 Feb 202627 February 2026 | 1,396 sqft | 3,390,000 | 2,428 |
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 40th floor
All 389 units in The Residences at Marina Gate 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4001 | 3-bed | 1,957 sqft | AED 7MAED 7,000,000 · Apr 2026April 2026 | 360,000 /yr | |
| 4002 | 1-bed | 868 sqft | AED 1.78MAED 1,775,000 · Sep 2018September 2018 | 200,000 /yr | |
| 4003 | 1-bed | 868 sqft | AED 2.95MAED 2,950,000 · Nov 2024November 2024 | 160,000 /yr | |
| 4004 | 3-bed | 1,959 sqft | AED 4.15MAED 4,151,360 · Dec 2014December 2014 | 297,000 /yr | |
| 4006 | 2-bed | 1,396 sqft | AED 2.23MAED 2,233,000 · Feb 2020February 2020 | 150,937 /yr | |
| 4007 | 1-bed | 836 sqft | AED 1.52MAED 1,520,000 · Feb 2022February 2022 | 100,000 /yr | |
| 4008 | 1-bed | 834 sqft | AED 1.59MAED 1,590,000 · Sep 2014September 2014 | 130,000 /yr | |
| 4009 | 2-bed | 1,398 sqft | AED 3.7MAED 3,700,000 · Nov 2023November 2023 | 120,000 /yr | |
| 4010 | 2-bed | 1,325 sqft | AED 2.59MAED 2,590,480 · Nov 2014November 2014 | 195,000 /yr |
4005, The Residences at Marina Gate 1 in numbers
- Sold once: by Select Global Development on 4 April 2019 for AED 2,450,000, or AED 1,849 per sqft.
- Rented since December 2020 on one Ejari contract, at AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2019 price is 6.1%, 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 29 December 2020.
Questions about 4005, The Residences at Marina Gate 1
What did unit 4005 last sell for?
AED 2,450,000 on 4 April 2019, sold by the developer: AED 1,849 per sqft for 1,325 sqft. It is the only registered sale of the unit.
What is the rent for unit 4005?
AED 150,000 a year on the contract signed on 29 December 2020.
How big is unit 4005?
1,325 sqft (123.1 sqm): a two-bedroom apartment on the 40th floor of a 50-storey tower completed in 2018.
What is unit 4005 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 4005, The Residences at Marina Gate 1
Starts from the last sale price (AED 2.45M, 4 April 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 2,450,000
- Deposit, UAE resident (20%)
- AED 490,000
- Deposit, non-resident (40%)
- AED 980,000
- Monthly over 25 years at 3.7%
- AED 10,024
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →