1408, The Residences at Marina Gate 2
Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1408, The Residences at Marina Gate 2
What is 1408 worth today?
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Source: Dubai Land Department. Updated 3 October 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,233 sqft
- Floor
- 14th of 64
- Parking
- B2-76
- Developer
- Select Global Development
- Completed
- 2019
- Service charge
- AED 21,000 /yr
- Last sold
- AED 2.6M · October 2015
- Building
- The Residences at Marina Gate 2
About 1408, The Residences at Marina Gate 2
1408 is a two-bedroom apartment of 1,233 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 27 October 2015 for AED 2,598,000, or AED 2,107 per sqft, 4% below the AED 2,191 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, renewed on 3 October 2026, is AED 175,000 a year: a gross yield of 6.7% on the 2015 price, before the service charge of about AED 21,000 a year.
Sales and rents for 1408 over time
1408 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 1408 sits
All 178 2-beds →1408 last sold in October 2015 at AED 2,107 per sqft, 4% below what two-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,191). 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. 1408's AED 175,000 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 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 | |
| 1407 | 1-bed | 619 sqft | AED 1.28MAED 1,277,490 · Jan 2015January 2015 | 90,000 /yr | |
| 1409 | 1-bed | 828 sqft | AED 2.4MAED 2,400,000 · Feb 2025February 2025 | 130,000 /yr |
1408, The Residences at Marina Gate 2 in numbers
- Sold once: by Select Global Development on 27 October 2015 for AED 2,598,000, or AED 2,107 per sqft.
- Rented since February 2020 on 8 Ejari contracts, from AED 180,000 to AED 175,000 a year.
- At AED 175,000 a year the gross yield on the 2015 price is 6.7%, 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 3 October 2026.
Questions about 1408, The Residences at Marina Gate 2
What did unit 1408 last sell for?
AED 2,598,000 on 27 October 2015, sold by the developer: AED 2,107 per sqft for 1,233 sqft. It is the only registered sale of the unit.
What is the rent for unit 1408?
AED 175,000 a year on the contract renewed on 3 October 2026. The previous contract, from October 2025, was AED 225,000; the unit has been rented since February 2020.
How big is unit 1408?
1,233 sqft (114.5 sqm): a two-bedroom apartment on the 14th floor of a 64-storey tower completed in 2019.
What is unit 1408 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 1408, The Residences at Marina Gate 2
Starts from the last sale price (AED 2.6M, 27 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 2,598,000
- Deposit, UAE resident (20%)
- AED 519,600
- Deposit, non-resident (40%)
- AED 1,039,200
- Monthly over 25 years at 3.7%
- AED 10,629
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →