1008, The Residences at Marina Gate 2
Sold prices and rental history: sold once, by the developer in January 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1008, The Residences at Marina Gate 2
What is 1008 worth today?
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Source: Dubai Land Department. Updated 20 May 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,233 sqft
- Floor
- 10th of 64
- Parking
- B2-51
- Developer
- Select Global Development
- Completed
- 2019
- Service charge
- AED 21,000 /yr
- Last sold
- AED 2.6M · January 2015
- Building
- The Residences at Marina Gate 2
About 1008, The Residences at Marina Gate 2
1008 is a two-bedroom apartment of 1,233 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. The developer sold it on 15 January 2015 for AED 2,598,000, or AED 2,107 per sqft, in line with the AED 2,147 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 11 Ejari contracts. The current contract, renewed on 20 May 2026, is AED 159,844 a year: a gross yield of 6.2% on the 2015 price, before the service charge of about AED 21,000 a year.
Sales and rents for 1008 over time
1008 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 2, and where 1008 sits
All 178 2-beds →1008 last sold in January 2015 at AED 2,107 per sqft, in line with what two-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,147). Over the last 12 months two-beds sold for AED 3,100,000 to 8,800,000, around AED 2,883 per sqft, and rent for AED 69,806 to 280,000 a year. 1008's AED 159,844 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Oct 20268 October 2026 | 1,231 sqft | 3,350,000 | 2,720 | ||
| 1 Oct 20261 October 2026 | 2,480 sqft | 8,800,000 | 3,548 | ||
| 7 Jul 20267 July 2026 | 1,229 sqft | 3,100,000 | 2,521 | ||
| 26 Jun 202626 June 2026 | 1,204 sqft | 3,100,000 | 2,575 |
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 | |
| 1007 | 1-bed | 619 sqft | AED 1.57MAED 1,565,000 · Jun 2022June 2022 | 92,500 /yr | |
| 1009 | 1-bed | 828 sqft | AED 1.85MAED 1,852,000 · Jan 2015January 2015 | 133,000 /yr |
1008, The Residences at Marina Gate 2 in numbers
- Sold once: by Select Global Development on 15 January 2015 for AED 2,598,000, or AED 2,107 per sqft.
- Rented since August 2019 on 11 Ejari contracts, from AED 120,000 to AED 159,844 a year.
- At AED 159,844 a year the gross yield on the 2015 price is 6.2%, before a service charge of about AED 21,000 a year (AED 17.00 per sqft).
- Two-beds in The Residences at Marina Gate 2 sold for AED 3,100,000–8,800,000 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 20 May 2026.
Questions about 1008, The Residences at Marina Gate 2
What did unit 1008 last sell for?
AED 2,598,000 on 15 January 2015, sold by the developer: AED 2,107 per sqft for 1,233 sqft. It is the only registered sale of the unit.
What is the rent for unit 1008?
AED 159,844 a year on the contract renewed on 20 May 2026. The previous contract, from May 2025, was AED 165,000; the unit has been rented since August 2019.
How big is unit 1008?
1,233 sqft (114.5 sqm): a two-bedroom apartment on the 10th floor of a 64-storey tower completed in 2019.
What is unit 1008 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 2 sold for AED 3,100,000 to 8,800,000 in the last 12 months, around AED 2,883 per sqft.
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Mortgage on 1008, The Residences at Marina Gate 2
Starts from the last sale price (AED 2.6M, 15 January 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 2,598,000
- Deposit, UAE resident (20%)
- AED 519,600
- Deposit, non-resident (40%)
- AED 1,039,200
- Monthly over 25 years at 3.7%
- AED 10,629
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →