1209, The Residences at Marina Gate 2
Sold prices and rental history: sold once, by the developer in January 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 1209, The Residences at Marina Gate 2
What is 1209 worth today?
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Source: Dubai Land Department. Updated 1 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 828 sqft
- Floor
- 12th of 64
- Parking
- L6-05
- Developer
- Select Global Development
- Completed
- 2019
- Service charge
- AED 14,100 /yr
- Last sold
- AED 1.8M · January 2015
- Building
- The Residences at Marina Gate 2
About 1209, The Residences at Marina Gate 2
1209 is a one-bedroom apartment of 828 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 15 January 2015 for AED 1,796,440, or AED 2,170 per sqft, 11% below the AED 2,439 one-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 1 August 2026, is AED 118,000 a year: a gross yield of 6.6% on the 2015 price, before the service charge of about AED 14,100 a year.
Sales and rents for 1209 over time
1209 has sold once; the dashed line is the one-bed median of each year in the building.
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 1209 sits
All 232 1-beds →1209 last sold in January 2015 at AED 2,170 per sqft, 11% below what one-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,439). 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. 1209's AED 118,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Aug 20263 August 2026 | 763 sqft | 1,750,000 | 2,293 | ||
| 31 Jul 202631 July 2026 | 845 sqft | 2,500,000 | 2,959 | ||
| 27 Jul 202627 July 2026 | 618 sqft | 1,650,000 | 2,670 | ||
| 27 Jul 202627 July 2026 | 763 sqft | 35,464 | 46 |
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 | |
| 1208 | 2-bed | 1,233 sqft | AED 2.51MAED 2,505,000 · Mar 2019March 2019 | 200,000 /yr |
1209, The Residences at Marina Gate 2 in numbers
- Sold once: by Select Global Development on 15 January 2015 for AED 1,796,440, or AED 2,170 per sqft.
- Rented since September 2019 on 8 Ejari contracts. The rent fell from AED 105,000 to AED 92,500 in 2021 and recovered to AED 118,000 by August 2026.
- At AED 118,000 a year the gross yield on the 2015 price is 6.6%, 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 1 August 2026.
Questions about 1209, The Residences at Marina Gate 2
What did unit 1209 last sell for?
AED 1,796,440 on 15 January 2015, sold by the developer: AED 2,170 per sqft for 828 sqft. It is the only registered sale of the unit.
What is the rent for unit 1209?
AED 118,000 a year on the contract signed on 1 August 2026. The previous contract, from April 2025, was AED 140,000; the unit has been rented since September 2019.
How big is unit 1209?
828 sqft (76.9 sqm): a one-bedroom apartment on the 12th floor of a 64-storey tower completed in 2019.
What is unit 1209 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 1209, The Residences at Marina Gate 2
Starts from the last sale price (AED 1.8M, 15 January 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,796,440
- Deposit, UAE resident (20%)
- AED 359,288
- Deposit, non-resident (40%)
- AED 718,576
- Monthly over 25 years at 3.7%
- AED 7,350
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →