1708, The Residences at Marina Gate 2
Sold prices and rental history: sold twice, last in April 2023, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1708, The Residences at Marina Gate 2
What is 1708 worth today?
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Source: Dubai Land Department. Updated 14 April 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 619 sqft
- Floor
- 17th of 64
- Parking
- L6-25
- Developer
- Select Global Development
- Completed
- 2019
- Service charge
- AED 10,500 /yr
- Last sold
- AED 1.58M · April 2023
- Building
- The Residences at Marina Gate 2
About 1708, The Residences at Marina Gate 2
1708 is a one-bedroom apartment of 619 sqft on the 17th 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 14 April 2023 for AED 1,583,415, or AED 2,557 per sqft, 4% above the AED 2,448 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 1 August 2021, is AED 66,000 a year: a gross yield of 4.2% on the 2023 price, before the service charge of about AED 10,500 a year.
Sales and rents for 1708 over time
1708 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 1708 sits
All 232 1-beds →1708 last sold in April 2023 at AED 2,557 per sqft, 4% above what one-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,448). 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. 1708's AED 66,000 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 17th floor
All 511 units in The Residences at Marina Gate 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 2-bed | 1,319 sqft | AED 1.71MAED 1,710,335 · Apr 2015April 2015 | 210,000 /yr | |
| 1702 | 3-bed | 1,636 sqft | AED 3.75MAED 3,748,140 · Jan 2015January 2015 | 200,000 /yr | |
| 1703 | 2-bed | 1,324 sqft | AED 4.1MAED 4,100,000 · Feb 2024February 2024 | 235,000 /yr | |
| 1704 | 1-bed | 822 sqft | AED 2.5MAED 2,500,000 · Jan 2025January 2025 | 130,000 /yr | |
| 1705 | 1-bed | 828 sqft | AED 2.45MAED 2,450,000 · Nov 2025November 2025 | 150,000 /yr | |
| 1706 | 2-bed | 1,234 sqft | AED 2.38MAED 2,384,500 · Apr 2016April 2016 | 180,000 /yr | |
| 1707 | 1-bed | 618 sqft | AED 1.65MAED 1,650,000 · Jul 2026July 2026 | 10,000 /yr | |
| 1709 | 2-bed | 1,234 sqft | AED 2.6MAED 2,600,000 · Mar 2022March 2022 | 156,630 /yr | |
| 1710 | 1-bed | 827 sqft | AED 1.82MAED 1,820,000 · May 2016May 2016 | 68,000 /yr | |
| 1711 | 1-bed | 823 sqft | AED 2.78MAED 2,775,000 · Nov 2025November 2025 | 135,000 /yr |
1708, The Residences at Marina Gate 2 in numbers
- Sold twice: first on 12 May 2015 for AED 1,317,000, last on 14 April 2023 for AED 1,583,415 (AED 2,557 per sqft).
- Rented since August 2019 on 3 Ejari contracts, from AED 70,000 to AED 66,000 a year.
- At AED 66,000 a year the gross yield on the 2023 price is 4.2%, 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 14 April 2023.
Questions about 1708, The Residences at Marina Gate 2
What did unit 1708 last sell for?
AED 1,583,415 on 14 April 2023: AED 2,557 per sqft for 619 sqft. The unit has 2 registered sales; the first was AED 1,317,000 in May 2015.
What is the rent for unit 1708?
AED 66,000 a year on the contract renewed on 1 August 2021. The previous contract, from August 2020, was AED 70,000; the unit has been rented since August 2019.
How big is unit 1708?
619 sqft (57.5 sqm): a one-bedroom apartment on the 17th floor of a 64-storey tower completed in 2019.
What is unit 1708 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 1708, The Residences at Marina Gate 2
Starts from the last sale price (AED 1.58M, 14 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,583,415
- Deposit, UAE resident (20%)
- AED 316,683
- Deposit, non-resident (40%)
- AED 633,366
- Monthly over 25 years at 3.7%
- AED 6,478
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →