1504, The Residences at Marina Gate 2
Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1504, The Residences at Marina Gate 2
What is 1504 worth today?
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Source: Dubai Land Department. Updated 1 August 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 828 sqft
- Floor
- 15th of 64
- Parking
- L6-14
- Developer
- Select Global Development
- Completed
- 2019
- Service charge
- AED 14,100 /yr
- Last sold
- AED 2.5M · December 2023
- Building
- The Residences at Marina Gate 2
About 1504, The Residences at Marina Gate 2
1504 is a one-bedroom apartment of 828 sqft on the 15th 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 19 December 2023 for AED 2,500,000, or AED 3,019 per sqft, 12% above the AED 2,689 one-beds in the building were fetching at the time.
It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, signed on 1 August 2025, is AED 140,000 a year: a gross yield of 5.6% on the 2023 price, before the service charge of about AED 14,100 a year.
Sales and rents for 1504 over time
1504 has sold twice; 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 1504 sits
All 232 1-beds →1504 last sold in December 2023 at AED 3,019 per sqft, 12% above what one-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,689). 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. 1504's AED 140,000 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 15th floor
All 511 units in The Residences at Marina Gate 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 3-bed | 2,146 sqft | AED 7.58MAED 7,575,000 · Dec 2025December 2025 | 355,000 /yr | |
| 1502 | 3-bed | 1,641 sqft | AED 3.79MAED 3,786,000 · Jan 2015January 2015 | 295,000 /yr | |
| 1503 | 3-bed | 2,149 sqft | AED 4.53MAED 4,532,220 · Jan 2015January 2015 | 320,000 /yr | |
| 1505 | 2-bed | 1,233 sqft | AED 2MAED 2,000,000 · Aug 2021August 2021 | 120,000 /yr | |
| 1506 | 1-bed | 618 sqft | AED 1.32MAED 1,317,000 · Jan 2015January 2015 | 85,000 /yr | |
| 1507 | 1-bed | 619 sqft | AED 1.28MAED 1,277,490 · Jan 2015January 2015 | 117,875 /yr | |
| 1508 | 2-bed | 1,233 sqft | AED 2.53MAED 2,530,000 · Feb 2016February 2016 | ||
| 1509 | 1-bed | 828 sqft | AED 1.8MAED 1,796,440 · Mar 2016March 2016 | 145,000 /yr |
1504, The Residences at Marina Gate 2 in numbers
- Sold twice: first on 3 January 2018 for AED 1,782,000, last on 19 December 2023 for AED 2,500,000 (AED 3,019 per sqft).
- Rented since January 2024 on 4 Ejari contracts, from AED 145,000 to AED 140,000 a year.
- At AED 140,000 a year the gross yield on the 2023 price is 5.6%, 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 2025.
Questions about 1504, The Residences at Marina Gate 2
What did unit 1504 last sell for?
AED 2,500,000 on 19 December 2023: AED 3,019 per sqft for 828 sqft. The unit has 2 registered sales; the first was AED 1,782,000 in January 2018.
What is the rent for unit 1504?
AED 140,000 a year on the contract signed on 1 August 2025. The previous contract, from August 2025, was AED 140,000; the unit has been rented since January 2024.
How big is unit 1504?
828 sqft (76.9 sqm): a one-bedroom apartment on the 15th floor of a 64-storey tower completed in 2019.
What is unit 1504 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 1504, The Residences at Marina Gate 2
Starts from the last sale price (AED 2.5M, 19 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,500,000
- Deposit, UAE resident (20%)
- AED 500,000
- Deposit, non-resident (40%)
- AED 1,000,000
- Monthly over 25 years at 3.7%
- AED 10,228
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →