1605, The Residences at Marina Gate 2
Sold prices and rental history: sold once, by the developer in February 2019, 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 1605, The Residences at Marina Gate 2
What is 1605 worth today?
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Source: Dubai Land Department. Updated 8 May 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,233 sqft
- Floor
- 16th of 64
- Parking
- B2-67
- Developer
- Select Global Development
- Completed
- 2019
- Service charge
- AED 21,000 /yr
- Last sold
- AED 2.33M · February 2019
- Building
- The Residences at Marina Gate 2
About 1605, The Residences at Marina Gate 2
1605 is a two-bedroom apartment of 1,233 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 26 February 2019 for AED 2,325,000, or AED 1,884 per sqft, 8% below the AED 2,052 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 8 May 2026, is AED 159,000 a year: a gross yield of 6.8% on the 2019 price, before the service charge of about AED 21,000 a year.
Sales and rents for 1605 over time
1605 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in The Residences at Marina Gate 2, and where 1605 sits
All 178 2-beds →1605 last sold in February 2019 at AED 1,884 per sqft, 8% below what two-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,052). Over the last 12 months two-beds sold for AED 3,100,000 to 8,800,000, around AED 2,883 per sqft, and rent for AED 69,806 to 280,000 a year. 1605's AED 159,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Oct 20268 October 2026 | 1,231 sqft | 3,350,000 | 2,720 | ||
| 1 Oct 20261 October 2026 | 2,480 sqft | 8,800,000 | 3,548 | ||
| 7 Jul 20267 July 2026 | 1,229 sqft | 3,100,000 | 2,521 | ||
| 26 Jun 202626 June 2026 | 1,204 sqft | 3,100,000 | 2,575 |
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 | |
| 1604 | 1-bed | 828 sqft | AED 1.8MAED 1,800,000 · Aug 2022August 2022 | 165,000 /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 |
1605, The Residences at Marina Gate 2 in numbers
- Sold once: by Select Global Development on 26 February 2019 for AED 2,325,000, or AED 1,884 per sqft.
- Rented since September 2019 on 8 Ejari contracts. The rent fell from AED 145,000 to AED 118,000 in 2021 and recovered to AED 159,000 by May 2026.
- At AED 159,000 a year the gross yield on the 2019 price is 6.8%, before a service charge of about AED 21,000 a year (AED 17.00 per sqft).
- Two-beds in The Residences at Marina Gate 2 sold for AED 3,100,000–8,800,000 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 8 May 2026.
Questions about 1605, The Residences at Marina Gate 2
What did unit 1605 last sell for?
AED 2,325,000 on 26 February 2019, sold by the developer: AED 1,884 per sqft for 1,233 sqft. It is the only registered sale of the unit.
What is the rent for unit 1605?
AED 159,000 a year on the contract signed on 8 May 2026. The previous contract, from March 2025, was AED 205,000; the unit has been rented since September 2019.
How big is unit 1605?
1,233 sqft (114.5 sqm): a two-bedroom apartment on the 16th floor of a 64-storey tower completed in 2019.
What is unit 1605 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Residences at Marina Gate 2 sold for AED 3,100,000 to 8,800,000 in the last 12 months, around AED 2,883 per sqft.
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Mortgage on 1605, The Residences at Marina Gate 2
Starts from the last sale price (AED 2.33M, 26 February 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 2,325,000
- Deposit, UAE resident (20%)
- AED 465,000
- Deposit, non-resident (40%)
- AED 930,000
- Monthly over 25 years at 3.7%
- AED 9,512
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →