1-bed · 619 sqftThe Residences at Marina Gate 2, Dubai Marina · 12th floor · completed 2019

1207, The Residences at Marina Gate 2

Sold prices and rental history: sold once, by the developer in January 2015, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1207 · DLD and Ejari recordsUpdated 26 June 2026
Last soldAED 1.29M21 January 2015
Current rentAED 100K /yr26 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1207, The Residences at Marina Gate 2

What is 1207 worth today?

Last sold for AED 1,290,000 in 2015

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26 Jun 2026RentedNew contract
AED 100,000/yr12 months · AED 160 per sqft
7 Nov 2025RentedNew contract
AED 130,000/yr12 months · AED 208 per sqft
1 Aug 2020RentedNew contract
AED 85,000/yr12 months · AED 136 per sqft
21 Jan 2015Sold by developerOff-plan
AED 1,290,000AED 2,083 per sqft

Source: Dubai Land Department. Updated 26 June 2026.

Key facts

Type
1-bed apartment
Size
619 sqft
Floor
12th of 64
Parking
B2-64
Developer
Select Global Development
Completed
2019
Service charge
AED 10,500 /yr
Last sold
AED 1.29M · January 2015

About 1207, The Residences at Marina Gate 2

1207 is a one-bedroom apartment of 619 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 21 January 2015 for AED 1,290,000, or AED 2,083 per sqft, 7% below the AED 2,237 one-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 26 June 2026, is AED 100,000 a year: a gross yield of 7.8% on the 2015 price, before the service charge of about AED 10,500 a year.

Sales and rents for 1207 over time

Sales
Unit 1207, 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 1,290,000 (AED 2,083 per sqft)

1207 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1207, 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 120,750New contract, August 2020: AED 85,000 a yearNew contract, November 2025: AED 130,000 a yearNew contract, June 2026: AED 100,000 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 1207 sits

All 232 1-beds →

1207 last sold in January 2015 at AED 2,083 per sqft, 7% below what one-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,237). 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. 1207's AED 100,000 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
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
12061-bedAED 2.08M · Jun 2026
12082-bedAED 2.51M · Mar 2019
1–7 of 8

1207, The Residences at Marina Gate 2 in numbers

  • Sold once: by Select Global Development on 21 January 2015 for AED 1,290,000, or AED 2,083 per sqft.
  • Rented since August 2020 on 3 Ejari contracts, from AED 85,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2015 price is 7.8%, 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 26 June 2026.

Questions about 1207, The Residences at Marina Gate 2

What did unit 1207 last sell for?

AED 1,290,000 on 21 January 2015, sold by the developer: AED 2,083 per sqft for 619 sqft. It is the only registered sale of the unit.

What is the rent for unit 1207?

AED 100,000 a year on the contract signed on 26 June 2026. The previous contract, from November 2025, was AED 130,000; the unit has been rented since August 2020.

How big is unit 1207?

619 sqft (57.5 sqm): a one-bedroom apartment on the 12th floor of a 64-storey tower completed in 2019.

What is unit 1207 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 1207, The Residences at Marina Gate 2

Starts from the last sale price (AED 1.29M, 21 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,290,000
Deposit, UAE resident (20%)
AED 258,000
Deposit, non-resident (40%)
AED 516,000
Monthly over 25 years at 3.7%
AED 5,278

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