1007, The Residences at Marina Gate 2
Sold prices and rental history: sold twice, last in June 2022, and rented once, from July 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1007, The Residences at Marina Gate 2
What is 1007 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 7 July 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 619 sqft
- Floor
- 10th of 64
- Parking
- B2-90
- Developer
- Select Global Development
- Completed
- 2019
- Service charge
- AED 10,500 /yr
- Last sold
- AED 1.57M · June 2022
- Building
- The Residences at Marina Gate 2
About 1007, The Residences at Marina Gate 2
1007 is a one-bedroom apartment of 619 sqft on the 10th floor of The Residences at Marina Gate 2, a 64-storey tower in Dubai Marina completed in 2019 by Select Global Development. It last sold on 3 June 2022 for AED 1,565,000, or AED 2,527 per sqft, 25% above the AED 2,017 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 7 July 2022. The current contract, signed on 7 July 2022, is AED 92,500 a year: a gross yield of 5.9% on the 2022 price, before the service charge of about AED 10,500 a year.
Sales and rents for 1007 over time
1007 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in The Residences at Marina Gate 2, and where 1007 sits
All 232 1-beds →1007 last sold in June 2022 at AED 2,527 per sqft, 25% above what one-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,017). Over the last 12 months one-beds sold for AED 1,550,000 to 3,500,000, around AED 2,959 per sqft, and rent for AED 50,000 to 180,000 a year. 1007's AED 92,500 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Aug 20263 August 2026 | 763 sqft | 1,750,000 | 2,293 | ||
| 31 Jul 202631 July 2026 | 845 sqft | 2,500,000 | 2,959 | ||
| 27 Jul 202627 July 2026 | 618 sqft | 1,650,000 | 2,670 | ||
| 27 Jul 202627 July 2026 | 763 sqft | 35,464 | 46 |
The Residences at Marina Gate 2
Building511 apartments, 1-bed to 5-bed over 64 floors in Dubai Marina, completed in 2019 by Select Global Development. 30 sold in the last 12 months.
- Typical price per sqft
- AED 2,967 Down 5.5%
- Typical sale
- AED 3.15M
- Typical rent
- AED 150K /yr
- Typical yield
- 5.3%
Other units on the 10th floor
All 511 units in The Residences at Marina Gate 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 3-bed | 2,146 sqft | AED 6.4MAED 6,400,000 · Nov 2023November 2023 | 385,000 /yr | |
| 1002 | 3-bed | 1,641 sqft | AED 3MAED 3,000,000 · Dec 2019December 2019 | 298,000 /yr | |
| 1003 | 3-bed | 2,149 sqft | AED 5MAED 5,000,000 · Oct 2021October 2021 | ||
| 1004 | 1-bed | 828 sqft | AED 1.78MAED 1,778,000 · Mar 2017March 2017 | 148,000 /yr | |
| 1005 | 2-bed | 1,233 sqft | AED 2.43MAED 2,425,000 · Apr 2018April 2018 | 200,000 /yr | |
| 1006 | 1-bed | 618 sqft | AED 1.55MAED 1,550,000 · May 2026May 2026 | 110,000 /yr | |
| 1008 | 2-bed | 1,233 sqft | AED 2.6MAED 2,598,000 · Jan 2015January 2015 | 159,844 /yr | |
| 1009 | 1-bed | 828 sqft | AED 1.85MAED 1,852,000 · Jan 2015January 2015 | 133,000 /yr |
1007, The Residences at Marina Gate 2 in numbers
- Sold twice: first on 27 January 2015 for AED 1,264,320, last on 3 June 2022 for AED 1,565,000 (AED 2,527 per sqft).
- Rented since July 2022 on one Ejari contract, at AED 92,500 a year.
- At AED 92,500 a year the gross yield on the 2022 price is 5.9%, before a service charge of about AED 10,500 a year (AED 17.00 per sqft).
- One-beds in The Residences at Marina Gate 2 sold for AED 1,550,000–3,500,000 in the 12 months to November 2026; the building's median across all types is AED 2,967 per sqft.
Source: Dubai Land Department. Updated 7 July 2022.
Questions about 1007, The Residences at Marina Gate 2
What did unit 1007 last sell for?
AED 1,565,000 on 3 June 2022: AED 2,527 per sqft for 619 sqft. The unit has 2 registered sales; the first was AED 1,264,320 in January 2015.
What is the rent for unit 1007?
AED 92,500 a year on the contract signed on 7 July 2022.
How big is unit 1007?
619 sqft (57.5 sqm): a one-bedroom apartment on the 10th floor of a 64-storey tower completed in 2019.
What is unit 1007 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Residences at Marina Gate 2 sold for AED 1,550,000 to 3,500,000 in the last 12 months, around AED 2,959 per sqft.
Selling 1007? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1007, The Residences at Marina Gate 2
Starts from the last sale price (AED 1.57M, 3 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,565,000
- Deposit, UAE resident (20%)
- AED 313,000
- Deposit, non-resident (40%)
- AED 626,000
- Monthly over 25 years at 3.7%
- AED 6,403
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →