1208, The Residences at Marina Gate 2
Sold prices and rental history: sold once, by the developer in March 2019, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1208, The Residences at Marina Gate 2
What is 1208 worth today?
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Source: Dubai Land Department. Updated 15 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,233 sqft
- Floor
- 12th of 64
- Parking
- B2-55
- Developer
- Select Global Development
- Completed
- 2019
- Service charge
- AED 21,000 /yr
- Last sold
- AED 2.51M · March 2019
- Building
- The Residences at Marina Gate 2
About 1208, The Residences at Marina Gate 2
1208 is a two-bedroom apartment of 1,233 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 25 March 2019 for AED 2,505,000, or AED 2,031 per sqft, in line with the AED 2,031 two-beds in the building were fetching at the time.
It has been rented continuously since 2023 on 6 Ejari contracts. The current contract, signed on 15 September 2026, is AED 200,000 a year: a gross yield of 8.0% on the 2019 price, before the service charge of about AED 21,000 a year.
Sales and rents for 1208 over time
1208 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 1208 sits
All 178 2-beds →1208 last sold in March 2019 at AED 2,031 per sqft, in line with what two-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,031). 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. 1208's AED 200,000 is in the upper 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 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 | |
| 1202 | 3-bed | 1,641 sqft | AED 3.67MAED 3,672,420 · May 2015May 2015 | 250,000 /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 | |
| 1209 | 1-bed | 828 sqft | AED 1.8MAED 1,796,440 · Jan 2015January 2015 | 118,000 /yr |
1208, The Residences at Marina Gate 2 in numbers
- Sold once: by Select Global Development on 25 March 2019 for AED 2,505,000, or AED 2,031 per sqft.
- Rented since October 2023 on 6 Ejari contracts, from AED 215,000 to AED 200,000 a year.
- At AED 200,000 a year the gross yield on the 2019 price is 8.0%, 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 15 September 2026.
Questions about 1208, The Residences at Marina Gate 2
What did unit 1208 last sell for?
AED 2,505,000 on 25 March 2019, sold by the developer: AED 2,031 per sqft for 1,233 sqft. It is the only registered sale of the unit.
What is the rent for unit 1208?
AED 200,000 a year on the contract signed on 15 September 2026. The previous contract, from June 2025, was AED 210,000; the unit has been rented since October 2023.
How big is unit 1208?
1,233 sqft (114.5 sqm): a two-bedroom apartment on the 12th floor of a 64-storey tower completed in 2019.
What is unit 1208 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 1208, The Residences at Marina Gate 2
Starts from the last sale price (AED 2.51M, 25 March 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 2,505,000
- Deposit, UAE resident (20%)
- AED 501,000
- Deposit, non-resident (40%)
- AED 1,002,000
- Monthly over 25 years at 3.7%
- AED 10,249
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →