1202, The Residences at Marina Gate 2
Sold prices and rental history: sold once, by the developer in May 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 1202, The Residences at Marina Gate 2
What is 1202 worth today?
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Source: Dubai Land Department. Updated 6 July 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 1,641 sqft
- Floor
- 12th of 64
- Parking
- B2-58, B2-59
- Developer
- Select Global Development
- Completed
- 2019
- Service charge
- AED 27,900 /yr
- Last sold
- AED 3.67M · May 2015
- Building
- The Residences at Marina Gate 2
About 1202, The Residences at Marina Gate 2
1202 is a three-bedroom apartment of 1,641 sqft on the 12th 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 14 May 2015 for AED 3,672,420, or AED 2,238 per sqft, in line with the AED 2,202 three-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 6 July 2026, is AED 250,000 a year: a gross yield of 6.8% on the 2015 price, before the service charge of about AED 27,900 a year.
Sales and rents for 1202 over time
1202 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in The Residences at Marina Gate 2, and where 1202 sits
All 96 3-beds →1202 last sold in May 2015 at AED 2,238 per sqft, in line with what three-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,202). Over the last 12 months three-beds sold for AED 4,990,000 to 7,575,000, around AED 3,452 per sqft, and rent for AED 155,000 to 425,000 a year. 1202's AED 250,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Aug 202610 August 2026 | 1,812 sqft | 4,990,000 | 2,754 | ||
| 25 Feb 202625 February 2026 | 1,636 sqft | 5,650,000 | 3,452 | ||
| 19 Dec 202519 December 2025 | 2,261 sqft | 7,100,000 | 3,139 | ||
| 16 Dec 202516 December 2025 | 2,146 sqft | 7,575,000 | 3,530 |
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 12th floor
All 511 units in The Residences at Marina Gate 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 3-bed | 2,146 sqft | AED 5MAED 5,000,000 · Oct 2023October 2023 | 240,000 /yr | |
| 1203 | 3-bed | 2,149 sqft | AED 7.3MAED 7,300,000 · Jul 2023July 2023 | 185,000 /yr | |
| 1204 | 1-bed | 828 sqft | AED 1.52MAED 1,520,000 · Aug 2021August 2021 | 140,000 /yr | |
| 1205 | 2-bed | 1,233 sqft | AED 4.05MAED 4,050,000 · Sep 2024September 2024 | 135,000 /yr | |
| 1206 | 1-bed | 618 sqft | AED 2.08MAED 2,075,000 · Jun 2026June 2026 | 10,000 /yr | |
| 1207 | 1-bed | 619 sqft | AED 1.29MAED 1,290,000 · Jan 2015January 2015 | 100,000 /yr | |
| 1208 | 2-bed | 1,233 sqft | AED 2.51MAED 2,505,000 · Mar 2019March 2019 | 200,000 /yr | |
| 1209 | 1-bed | 828 sqft | AED 1.8MAED 1,796,440 · Jan 2015January 2015 | 118,000 /yr |
1202, The Residences at Marina Gate 2 in numbers
- Sold once: by Select Global Development on 14 May 2015 for AED 3,672,420, or AED 2,238 per sqft.
- Rented since November 2019 on 8 Ejari contracts, from AED 170,000 to AED 250,000 a year.
- At AED 250,000 a year the gross yield on the 2015 price is 6.8%, before a service charge of about AED 27,900 a year (AED 17.00 per sqft).
- Three-beds in The Residences at Marina Gate 2 sold for AED 4,990,000–7,575,000 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 6 July 2026.
Questions about 1202, The Residences at Marina Gate 2
What did unit 1202 last sell for?
AED 3,672,420 on 14 May 2015, sold by the developer: AED 2,238 per sqft for 1,641 sqft. It is the only registered sale of the unit.
What is the rent for unit 1202?
AED 250,000 a year on the contract signed on 6 July 2026. The previous contract, from February 2026, was AED 320,000; the unit has been rented since November 2019.
How big is unit 1202?
1,641 sqft (152.5 sqm): a three-bedroom apartment on the 12th floor of a 64-storey tower completed in 2019.
What is unit 1202 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Residences at Marina Gate 2 sold for AED 4,990,000 to 7,575,000 in the last 12 months, around AED 3,452 per sqft.
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Mortgage on 1202, The Residences at Marina Gate 2
Starts from the last sale price (AED 3.67M, 14 May 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 3,672,420
- Deposit, UAE resident (20%)
- AED 734,484
- Deposit, non-resident (40%)
- AED 1,468,968
- Monthly over 25 years at 3.7%
- AED 15,025
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →