1-bed · 618 sqftThe Residences at Marina Gate 2, Dubai Marina · 12th floor · completed 2019

1206, The Residences at Marina Gate 2

Sold prices and rental history: sold 4 times, last in June 2026, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1206 · DLD and Ejari recordsUpdated 5 June 2026
Last soldAED 2.08M5 June 2026
Current rentAED 10K /yr2 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1206, The Residences at Marina Gate 2

What is 1206 worth today?

Last sold for AED 2,075,000 in 2026

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5 Jun 2026SoldReady
AED 2,075,000AED 3,357 per sqft
14 Feb 2025SoldReady
AED 1,780,000AED 2,879 per sqft
2 Mar 2024RentedRenewal · flagged as an outlier
AED 10,000/yr12 months · AED 16 per sqft
2 Mar 2024RentedRenewal · flagged as an outlier
AED 10,000/yr12 months · AED 16 per sqft
2 Mar 2023RentedNew contract
AED 117,000/yr12 months · AED 191 per sqft
12 Jan 2023SoldReady
AED 1,625,000AED 2,629 per sqft
1 Nov 2021RentedNew contract
AED 82,000/yr12 months · AED 134 per sqft
6 Oct 2020RentedRenewal
AED 65,000/yr12 months · AED 106 per sqft

Source: Dubai Land Department. Updated 5 June 2026.

Key facts

Type
1-bed apartment
Size
618 sqft
Floor
12th of 64
Parking
L6-03
Developer
Select Global Development
Completed
2019
Service charge
AED 10,500 /yr
Last sold
AED 2.08M · June 2026

About 1206, The Residences at Marina Gate 2

1206 is a one-bedroom apartment of 618 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. It last sold on 5 June 2026 for AED 2,075,000, or AED 3,357 per sqft, 6% above the AED 3,179 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 2 March 2024, is AED 10,000 a year: a gross yield of 0.5% on the 2026 price, before the service charge of about AED 10,500 a year.

Sales and rents for 1206 over time

Sales
Unit 1206, 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, January 2015: AED 1,317,000 (AED 2,130 per sqft)Sold, January 2023: AED 1,625,000 (AED 2,629 per sqft)Sold, February 2025: AED 1,780,000 (AED 2,879 per sqft)Sold, June 2026: AED 2,075,000 (AED 3,357 per sqft)

1206 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1206, each contractTypical one-bed in The Residences at Marina Gate 2
100K20192021202320252027Typical 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 120,750New contract, October 2019: AED 73,000 a yearRenewal, October 2020: AED 65,000 a yearNew contract, November 2021: AED 82,000 a yearNew contract, March 2023: AED 117,000 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 1206 sits

All 232 1-beds →

1206 last sold in June 2026 at AED 3,357 per sqft, 6% above what one-beds in The Residences at Marina Gate 2 were fetching at the time (AED 3,179). 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. 1206's AED 10,000 is at the bottom 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
12013-bedAED 5M · Oct 2023
12023-bedAED 3.67M · May 2015
12033-bedAED 7.3M · Jul 2023
12041-bedAED 1.52M · Aug 2021
12052-bedAED 4.05M · Sep 2024
12071-bedAED 1.29M · Jan 2015
12082-bedAED 2.51M · Mar 2019
1–7 of 8

1206, The Residences at Marina Gate 2 in numbers

  • Sold 4 times: first on 14 January 2015 for AED 1,317,000, last on 5 June 2026 for AED 2,075,000 (AED 3,357 per sqft).
  • Rented since October 2019 on 6 Ejari contracts, from AED 73,000 to AED 10,000 a year.
  • At AED 10,000 a year the gross yield on the 2026 price is 0.5%, 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 5 June 2026.

Questions about 1206, The Residences at Marina Gate 2

What did unit 1206 last sell for?

AED 2,075,000 on 5 June 2026: AED 3,357 per sqft for 618 sqft. The unit has 4 registered sales; the first was AED 1,317,000 in January 2015.

What is the rent for unit 1206?

AED 10,000 a year on the contract renewed on 2 March 2024. The previous contract, from March 2024, was AED 10,000; the unit has been rented since October 2019.

How big is unit 1206?

618 sqft (57.4 sqm): a one-bedroom apartment on the 12th floor of a 64-storey tower completed in 2019.

What is unit 1206 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 1206, The Residences at Marina Gate 2

Starts from the last sale price (AED 2.08M, 5 June 2026). Switch to today's estimate once you have unlocked it.
Price
AED 2,075,000
Deposit, UAE resident (20%)
AED 415,000
Deposit, non-resident (40%)
AED 830,000
Monthly over 25 years at 3.7%
AED 8,489

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