1409, The Residences at Marina Gate 2
Sold prices and rental history: sold 4 times, last in February 2025, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1409, The Residences at Marina Gate 2
What is 1409 worth today?
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Source: Dubai Land Department. Updated 28 February 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 828 sqft
- Floor
- 14th of 64
- Parking
- L6-13
- Developer
- Select Global Development
- Completed
- 2019
- Service charge
- AED 14,100 /yr
- Last sold
- AED 2.4M · February 2025
- Building
- The Residences at Marina Gate 2
About 1409, The Residences at Marina Gate 2
1409 is a one-bedroom apartment of 828 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. It last sold on 28 February 2025 for AED 2,400,000, or AED 2,899 per sqft, in line with the AED 2,899 one-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 18 August 2024, is AED 130,000 a year: a gross yield of 5.4% on the 2025 price, before the service charge of about AED 14,100 a year.
Sales and rents for 1409 over time
1409 has sold 4 times; 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 1409 sits
All 232 1-beds →1409 last sold in February 2025 at AED 2,899 per sqft, in line with what one-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,899). 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. 1409's AED 130,000 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 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 | |
| 1408 | 2-bed | 1,233 sqft | AED 2.6MAED 2,598,000 · Oct 2015October 2015 | 175,000 /yr |
1409, The Residences at Marina Gate 2 in numbers
- Sold 4 times: first on 18 August 2015 for AED 1,796,440, last on 28 February 2025 for AED 2,400,000 (AED 2,899 per sqft).
- Rented since May 2022 on 4 Ejari contracts, from AED 125,000 to AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2025 price is 5.4%, 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 28 February 2025.
Questions about 1409, The Residences at Marina Gate 2
What did unit 1409 last sell for?
AED 2,400,000 on 28 February 2025: AED 2,899 per sqft for 828 sqft. The unit has 4 registered sales; the first was AED 1,796,440 in August 2015.
What is the rent for unit 1409?
AED 130,000 a year on the contract renewed on 18 August 2024. The previous contract, from August 2024, was AED 130,000; the unit has been rented since May 2022.
How big is unit 1409?
828 sqft (76.9 sqm): a one-bedroom apartment on the 14th floor of a 64-storey tower completed in 2019.
What is unit 1409 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 1409, The Residences at Marina Gate 2
Starts from the last sale price (AED 2.4M, 28 February 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,400,000
- Deposit, UAE resident (20%)
- AED 480,000
- Deposit, non-resident (40%)
- AED 960,000
- Monthly over 25 years at 3.7%
- AED 9,819
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →