1604, The Residences at Marina Gate 2
Sold prices and rental history: sold twice, last in August 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1604, The Residences at Marina Gate 2
What is 1604 worth today?
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Source: Dubai Land Department. Updated 14 November 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 828 sqft
- Floor
- 16th of 64
- Parking
- L6-18
- Developer
- Select Global Development
- Completed
- 2019
- Service charge
- AED 14,100 /yr
- Last sold
- AED 1.8M · August 2022
- Building
- The Residences at Marina Gate 2
About 1604, The Residences at Marina Gate 2
1604 is a one-bedroom apartment of 828 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. It last sold on 11 August 2022 for AED 1,800,000, or AED 2,173 per sqft, in line with the AED 2,176 one-beds in the building were fetching at the time.
It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 14 November 2025, is AED 165,000 a year: a gross yield of 9.2% on the 2022 price, before the service charge of about AED 14,100 a year.
Sales and rents for 1604 over time
1604 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 1604 sits
All 232 1-beds →1604 last sold in August 2022 at AED 2,173 per sqft, in line with what one-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,176). 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. 1604's AED 165,000 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 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 | |
| 1603 | 3-bed | 2,149 sqft | AED 4.55MAED 4,550,000 · Jan 2015January 2015 | 308,326 /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 |
1604, The Residences at Marina Gate 2 in numbers
- Sold twice: first on 28 November 2017 for AED 1,816,000, last on 11 August 2022 for AED 1,800,000 (AED 2,173 per sqft).
- Rented since September 2019 on 3 Ejari contracts. The rent fell from AED 95,000 to AED 85,000 in 2020 and recovered to AED 165,000 by November 2025.
- At AED 165,000 a year the gross yield on the 2022 price is 9.2%, 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 14 November 2025.
Questions about 1604, The Residences at Marina Gate 2
What did unit 1604 last sell for?
AED 1,800,000 on 11 August 2022: AED 2,173 per sqft for 828 sqft. The unit has 2 registered sales; the first was AED 1,816,000 in November 2017.
What is the rent for unit 1604?
AED 165,000 a year on the contract renewed on 14 November 2025. The previous contract, from September 2020, was AED 85,000; the unit has been rented since September 2019.
How big is unit 1604?
828 sqft (76.9 sqm): a one-bedroom apartment on the 16th floor of a 64-storey tower completed in 2019.
What is unit 1604 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 1604, The Residences at Marina Gate 2
Starts from the last sale price (AED 1.8M, 11 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,800,000
- Deposit, UAE resident (20%)
- AED 360,000
- Deposit, non-resident (40%)
- AED 720,000
- Monthly over 25 years at 3.7%
- AED 7,364
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →