1-bed · 828 sqftThe Residences at Marina Gate 2, Dubai Marina · 11th floor · completed 2019

1104, The Residences at Marina Gate 2

Sold prices and rental history: sold twice, last in April 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1104 · DLD and Ejari recordsUpdated 8 July 2022
Last soldAED 1.65M22 April 2022
Current rentAED 90K /yr8 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1104, The Residences at Marina Gate 2

What is 1104 worth today?

Last sold for AED 1,650,000 in 2022

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8 Jul 2022RentedNew contract
AED 90,000/yr12 months · AED 109 per sqft
22 Apr 2022SoldReady
AED 1,650,000AED 1,992 per sqft
8 Jul 2021RentedRenewal
AED 90,000/yr12 months · AED 109 per sqft
8 Jul 2020RentedRenewal
AED 90,000/yr12 months · AED 109 per sqft
8 Jul 2019RentedNew contract
AED 95,000/yr12 months · AED 115 per sqft
4 Feb 2018Sold by developerOff-plan
AED 1,754,000AED 2,118 per sqft

Source: Dubai Land Department. Updated 8 July 2022.

Key facts

Type
1-bed apartment
Size
828 sqft
Floor
11th of 64
Parking
B2-92
Developer
Select Global Development
Completed
2019
Service charge
AED 14,100 /yr
Last sold
AED 1.65M · April 2022

About 1104, The Residences at Marina Gate 2

1104 is a one-bedroom apartment of 828 sqft on the 11th 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 22 April 2022 for AED 1,650,000, or AED 1,992 per sqft, in line with the AED 1,967 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 8 July 2022, is AED 90,000 a year: a gross yield of 5.5% on the 2022 price, before the service charge of about AED 14,100 a year.

Sales and rents for 1104 over time

Sales
Unit 1104, each saleTypical one-bed in The Residences at Marina Gate 2
2M20152018202120242027Typical sale price by year: 2015 AED 1,852,000; 2016 AED 1,771,000; 2017 AED 1,750,000; 2018 AED 1,514,500; 2019 AED 1,502,500; 2020 AED 1,300,000; 2021 AED 1,417,875; 2022 AED 1,810,000; 2023 AED 2,050,000; 2024 AED 2,100,000; 2025 AED 2,450,000; 2026 AED 2,150,000Sold by developer, February 2018: AED 1,754,000 (AED 2,118 per sqft)Sold, April 2022: AED 1,650,000 (AED 1,992 per sqft)

1104 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1104, each contractTypical one-bed in The Residences at Marina Gate 2
100K125K20192021202320252027Typical rent by year: 2019 AED 90,000; 2020 AED 85,000; 2021 AED 87,172; 2022 AED 100,000; 2023 AED 125,000; 2024 AED 133,100; 2025 AED 135,500; 2026 AED 122,875New contract, July 2019: AED 95,000 a yearRenewal, July 2020: AED 90,000 a yearRenewal, July 2021: AED 90,000 a yearNew contract, July 2022: AED 90,000 a year

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 1104 sits

All 232 1-beds →

1104 last sold in April 2022 at AED 1,992 per sqft, in line with what one-beds in The Residences at Marina Gate 2 were fetching at the time (AED 1,967). 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 175,000 a year. 1104's AED 90,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Aug 20261,750,000
31 Jul 20262,500,000
27 Jul 20261,650,000
27 Jul 202635,464
16 1-bed sales in the last 12 months

The Residences at Marina Gate 2

Building

511 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%
The Residences at Marina Gate 2, Dubai Marina: prices, sales and rents →
Value
11013-bedAED 7.4M · Sep 2025
11023-bedAED 2.14M · Apr 2018
11033-bedAED 5M · Oct 2025
11052-bedAED 2.4M · Oct 2018
11061-bedAED 1.35M · Mar 2019
11071-bedAED 1.32M · Apr 2015
11082-bedAED 3.2M · Feb 2026
1–7 of 8

1104, The Residences at Marina Gate 2 in numbers

  • Sold twice: first on 4 February 2018 for AED 1,754,000, last on 22 April 2022 for AED 1,650,000 (AED 1,992 per sqft).
  • Rented since July 2019 on 4 Ejari contracts, from AED 95,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2022 price is 5.5%, before a service charge of about AED 14,100 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 8 July 2022.

Questions about 1104, The Residences at Marina Gate 2

What did unit 1104 last sell for?

AED 1,650,000 on 22 April 2022: AED 1,992 per sqft for 828 sqft. The unit has 2 registered sales; the first was AED 1,754,000 in February 2018.

What is the rent for unit 1104?

AED 90,000 a year on the contract signed on 8 July 2022. The previous contract, from July 2021, was AED 90,000; the unit has been rented since July 2019.

How big is unit 1104?

828 sqft (76.9 sqm): a one-bedroom apartment on the 11th floor of a 64-storey tower completed in 2019.

What is unit 1104 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.

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Mortgage on 1104, The Residences at Marina Gate 2

Starts from the last sale price (AED 1.65M, 22 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

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