1606, The Residences at Marina Gate 2
Sold prices and rental history: sold twice, last in August 2020, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1606, The Residences at Marina Gate 2
What is 1606 worth today?
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Source: Dubai Land Department. Updated 15 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 618 sqft
- Floor
- 16th of 64
- Parking
- L6-19
- Developer
- Select Global Development
- Completed
- 2019
- Service charge
- AED 10,500 /yr
- Last sold
- AED 860K · August 2020
- Building
- The Residences at Marina Gate 2
About 1606, The Residences at Marina Gate 2
1606 is a one-bedroom apartment of 618 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 25 August 2020 for AED 860,000, or AED 1,391 per sqft, 17% below the AED 1,683 one-beds in the building were fetching at the time.
It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 15 August 2026, is AED 90,000 a year: a gross yield of 10.5% on the 2020 price, before the service charge of about AED 10,500 a year.
Sales and rents for 1606 over time
1606 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 1606 sits
All 232 1-beds →1606 last sold in August 2020 at AED 1,391 per sqft, 17% below what one-beds in The Residences at Marina Gate 2 were fetching at the time (AED 1,683). 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. 1606's AED 90,000 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 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 | |
| 1605 | 2-bed | 1,233 sqft | AED 2.33MAED 2,325,000 · Feb 2019February 2019 | 159,000 /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 |
1606, The Residences at Marina Gate 2 in numbers
- Sold twice: first on 18 February 2015 for AED 1,317,000, last on 25 August 2020 for AED 860,000 (AED 1,391 per sqft).
- Rented since November 2019 on 3 Ejari contracts, from AED 70,000 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2020 price is 10.5%, 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 15 August 2026.
Questions about 1606, The Residences at Marina Gate 2
What did unit 1606 last sell for?
AED 860,000 on 25 August 2020: AED 1,391 per sqft for 618 sqft. The unit has 2 registered sales; the first was AED 1,317,000 in February 2015.
What is the rent for unit 1606?
AED 90,000 a year on the contract signed on 15 August 2026. The previous contract, from October 2025, was AED 120,000; the unit has been rented since November 2019.
How big is unit 1606?
618 sqft (57.4 sqm): a one-bedroom apartment on the 16th floor of a 64-storey tower completed in 2019.
What is unit 1606 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 1606, The Residences at Marina Gate 2
Starts from the last sale price (AED 860K, 25 August 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 860,000
- Deposit, UAE resident (20%)
- AED 172,000
- Deposit, non-resident (40%)
- AED 344,000
- Monthly over 25 years at 3.7%
- AED 3,519
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →