1603, 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 1603, The Residences at Marina Gate 2
What is 1603 worth today?
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Source: Dubai Land Department. Updated 7 November 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 2,149 sqft
- Floor
- 16th of 64
- Parking
- B2-07, B2-08
- Developer
- Select Global Development
- Completed
- 2019
- Service charge
- AED 36,500 /yr
- Last sold
- AED 4.55M · January 2015
- Building
- The Residences at Marina Gate 2
About 1603, The Residences at Marina Gate 2
1603 is a three-bedroom apartment of 2,149 sqft on the 16th 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 14 January 2015 for AED 4,550,000, or AED 2,117 per sqft, in line with the AED 2,120 three-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, renewed on 7 November 2026, is AED 308,326 a year: a gross yield of 6.8% on the 2015 price, before the service charge of about AED 36,500 a year.
Sales and rents for 1603 over time
1603 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in The Residences at Marina Gate 2, and where 1603 sits
All 96 3-beds →1603 last sold in January 2015 at AED 2,117 per sqft, in line with what three-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,120). Over the last 12 months three-beds sold for AED 4,990,000 to 7,575,000, around AED 3,452 per sqft, and rent for AED 155,000 to 425,000 a year. 1603's AED 308,326 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Aug 202610 August 2026 | 1,812 sqft | 4,990,000 | 2,754 | ||
| 25 Feb 202625 February 2026 | 1,636 sqft | 5,650,000 | 3,452 | ||
| 19 Dec 202519 December 2025 | 2,261 sqft | 7,100,000 | 3,139 | ||
| 16 Dec 202516 December 2025 | 2,146 sqft | 7,575,000 | 3,530 |
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 16th floor
All 511 units in The Residences at Marina Gate 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 3-bed | 2,146 sqft | AED 4.55MAED 4,550,000 · Jan 2015January 2015 | ||
| 1602 | 3-bed | 1,641 sqft | AED 3.79MAED 3,786,000 · Feb 2015February 2015 | 300,000 /yr | |
| 1604 | 1-bed | 828 sqft | AED 1.8MAED 1,800,000 · Aug 2022August 2022 | 165,000 /yr | |
| 1605 | 2-bed | 1,233 sqft | AED 2.33MAED 2,325,000 · Feb 2019February 2019 | 159,000 /yr | |
| 1606 | 1-bed | 618 sqft | AED 860KAED 860,000 · Aug 2020August 2020 | 90,000 /yr | |
| 1607 | 1-bed | 619 sqft | AED 1.4MAED 1,400,000 · Jul 2022July 2022 | 67,000 /yr | |
| 1608 | 2-bed | 1,233 sqft | AED 2.53MAED 2,530,000 · May 2016May 2016 | 170,000 /yr | |
| 1609 | 1-bed | 828 sqft | AED 2.6MAED 2,600,000 · Mar 2026March 2026 | 140,000 /yr |
1603, The Residences at Marina Gate 2 in numbers
- Sold once: by Select Global Development on 14 January 2015 for AED 4,550,000, or AED 2,117 per sqft.
- Rented since November 2019 on 9 Ejari contracts, from AED 215,000 to AED 308,326 a year.
- At AED 308,326 a year the gross yield on the 2015 price is 6.8%, before a service charge of about AED 36,500 a year (AED 17.00 per sqft).
- Three-beds in The Residences at Marina Gate 2 sold for AED 4,990,000–7,575,000 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 7 November 2026.
Questions about 1603, The Residences at Marina Gate 2
What did unit 1603 last sell for?
AED 4,550,000 on 14 January 2015, sold by the developer: AED 2,117 per sqft for 2,149 sqft. It is the only registered sale of the unit.
What is the rent for unit 1603?
AED 308,326 a year on the contract renewed on 7 November 2026. The previous contract, from November 2025, was AED 293,644; the unit has been rented since November 2019.
How big is unit 1603?
2,149 sqft (199.6 sqm): a three-bedroom apartment on the 16th floor of a 64-storey tower completed in 2019.
What is unit 1603 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Residences at Marina Gate 2 sold for AED 4,990,000 to 7,575,000 in the last 12 months, around AED 3,452 per sqft.
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Mortgage on 1603, The Residences at Marina Gate 2
Starts from the last sale price (AED 4.55M, 14 January 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 4,550,000
- Deposit, UAE resident (20%)
- AED 910,000
- Deposit, non-resident (40%)
- AED 1,820,000
- Monthly over 25 years at 3.7%
- AED 18,615
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →