1506, 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 1506, The Residences at Marina Gate 2
What is 1506 worth today?
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Source: Dubai Land Department. Updated 29 June 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 618 sqft
- Floor
- 15th of 64
- Parking
- L6-15
- Developer
- Select Global Development
- Completed
- 2019
- Service charge
- AED 10,500 /yr
- Last sold
- AED 1.32M · January 2015
- Building
- The Residences at Marina Gate 2
About 1506, The Residences at Marina Gate 2
1506 is a one-bedroom apartment of 618 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. The developer sold it on 28 January 2015 for AED 1,317,000, or AED 2,130 per sqft, 12% below the AED 2,415 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 10 Ejari contracts. The current contract, signed on 29 June 2026, is AED 85,000 a year: a gross yield of 6.5% on the 2015 price, before the service charge of about AED 10,500 a year.
Sales and rents for 1506 over time
1506 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 1506 sits
All 232 1-beds →1506 last sold in January 2015 at AED 2,130 per sqft, 12% below what one-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,415). 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. 1506's AED 85,000 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 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 | |
| 1504 | 1-bed | 828 sqft | AED 2.5MAED 2,500,000 · Dec 2023December 2023 | 140,000 /yr | |
| 1505 | 2-bed | 1,233 sqft | AED 2MAED 2,000,000 · Aug 2021August 2021 | 120,000 /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 |
1506, The Residences at Marina Gate 2 in numbers
- Sold once: by Select Global Development on 28 January 2015 for AED 1,317,000, or AED 2,130 per sqft.
- Rented since June 2019 on 10 Ejari contracts. The rent fell from AED 79,558 to AED 60,000 in 2020 and recovered to AED 85,000 by June 2026.
- At AED 85,000 a year the gross yield on the 2015 price is 6.5%, 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 29 June 2026.
Questions about 1506, The Residences at Marina Gate 2
What did unit 1506 last sell for?
AED 1,317,000 on 28 January 2015, sold by the developer: AED 2,130 per sqft for 618 sqft. It is the only registered sale of the unit.
What is the rent for unit 1506?
AED 85,000 a year on the contract signed on 29 June 2026. The previous contract, from June 2025, was AED 105,800; the unit has been rented since June 2019.
How big is unit 1506?
618 sqft (57.4 sqm): a one-bedroom apartment on the 15th floor of a 64-storey tower completed in 2019.
What is unit 1506 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 1506, The Residences at Marina Gate 2
Starts from the last sale price (AED 1.32M, 28 January 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,317,000
- Deposit, UAE resident (20%)
- AED 263,400
- Deposit, non-resident (40%)
- AED 526,800
- Monthly over 25 years at 3.7%
- AED 5,388
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →