1407, 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 1407, The Residences at Marina Gate 2
What is 1407 worth today?
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Source: Dubai Land Department. Updated 11 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 619 sqft
- Floor
- 14th of 64
- Parking
- L6-12
- Developer
- Select Global Development
- Completed
- 2019
- Service charge
- AED 10,500 /yr
- Last sold
- AED 1.28M · January 2015
- Building
- The Residences at Marina Gate 2
About 1407, The Residences at Marina Gate 2
1407 is a one-bedroom apartment of 619 sqft on the 14th 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 1,277,490, or AED 2,063 per sqft, 8% below the AED 2,237 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, signed on 11 September 2026, is AED 90,000 a year: a gross yield of 7.0% on the 2015 price, before the service charge of about AED 10,500 a year.
Sales and rents for 1407 over time
1407 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 1407 sits
All 232 1-beds →1407 last sold in January 2015 at AED 2,063 per sqft, 8% 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 180,000 a year. 1407's AED 90,000 is in the lower 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 14th floor
All 511 units in The Residences at Marina Gate 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 3-bed | 2,146 sqft | AED 6.48MAED 6,475,000 · May 2024May 2024 | 230,000 /yr | |
| 1402 | 3-bed | 1,641 sqft | AED 3.79MAED 3,786,000 · May 2015May 2015 | 265,000 /yr | |
| 1403 | 3-bed | 2,149 sqft | AED 4.55MAED 4,550,000 · Jan 2015January 2015 | 355,000 /yr | |
| 1404 | 1-bed | 828 sqft | AED 1.32MAED 1,324,000 · Dec 2021December 2021 | 148,000 /yr | |
| 1405 | 2-bed | 1,233 sqft | AED 2.4MAED 2,400,000 · Sep 2016September 2016 | 200,000 /yr | |
| 1406 | 1-bed | 618 sqft | AED 1.28MAED 1,275,000 · Jun 2022June 2022 | 110,000 /yr | |
| 1408 | 2-bed | 1,233 sqft | AED 2.6MAED 2,598,000 · Oct 2015October 2015 | 175,000 /yr | |
| 1409 | 1-bed | 828 sqft | AED 2.4MAED 2,400,000 · Feb 2025February 2025 | 130,000 /yr |
1407, The Residences at Marina Gate 2 in numbers
- Sold once: by Select Global Development on 21 January 2015 for AED 1,277,490, or AED 2,063 per sqft.
- Rented since July 2019 on 9 Ejari contracts. The rent fell from AED 75,000 to AED 60,000 in 2020 and recovered to AED 90,000 by September 2026.
- At AED 90,000 a year the gross yield on the 2015 price is 7.0%, 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 11 September 2026.
Questions about 1407, The Residences at Marina Gate 2
What did unit 1407 last sell for?
AED 1,277,490 on 21 January 2015, sold by the developer: AED 2,063 per sqft for 619 sqft. It is the only registered sale of the unit.
What is the rent for unit 1407?
AED 90,000 a year on the contract signed on 11 September 2026. The previous contract, from December 2025, was AED 114,500; the unit has been rented since July 2019.
How big is unit 1407?
619 sqft (57.5 sqm): a one-bedroom apartment on the 14th floor of a 64-storey tower completed in 2019.
What is unit 1407 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 1407, The Residences at Marina Gate 2
Starts from the last sale price (AED 1.28M, 21 January 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,277,490
- Deposit, UAE resident (20%)
- AED 255,498
- Deposit, non-resident (40%)
- AED 510,996
- Monthly over 25 years at 3.7%
- AED 5,227
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →