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1-bed · 618 sqftThe Residences at Marina Gate 2, Dubai Marina · 18th floor · completed 2019

1807, The Residences at Marina Gate 2

Sold prices and rental history: sold twice, last in May 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1807 · DLD and Ejari recordsUpdated 27 May 2020
Last soldAED 950K27 May 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1807, The Residences at Marina Gate 2

What is 1807 worth today?

Last sold for AED 950,000 in 2020

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27 May 2020SoldReady
AED 950,000AED 1,537 per sqft
15 Apr 2015Sold by developerOff-plan
AED 1,317,000AED 2,131 per sqft

Source: Dubai Land Department. Updated 27 May 2020.

Key facts

Type
1-bed apartment
Size
618 sqft
Floor
18th of 64
Parking
B2-01
Developer
Select Global Development
Completed
2019
Service charge
AED 10,500 /yr
Last sold
AED 950K · May 2020
Building
The Residences at Marina Gate 2

About 1807, The Residences at Marina Gate 2

1807 is a one-bedroom apartment of 618 sqft on the 18th 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 27 May 2020 for AED 950,000, or AED 1,537 per sqft, 22% below the AED 1,967 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1807 over time

Sales
Unit 1807, each saleTypical one-bed in The Residences at Marina Gate 2
1M2M20152018202120242027Typical sale price by year: 2015 AED 1,852,000; 2016 AED 1,771,000; 2017 AED 1,750,000; 2018 AED 1,514,500; 2019 AED 1,502,500; 2020 AED 1,300,000; 2021 AED 1,417,875; 2022 AED 1,810,000; 2023 AED 2,050,000; 2024 AED 2,100,000; 2025 AED 2,450,000; 2026 AED 2,150,000Sold by developer, April 2015: AED 1,317,000 (AED 2,131 per sqft)Sold, May 2020: AED 950,000 (AED 1,537 per sqft)

1807 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1807, each contractTypical one-bed in The Residences at Marina Gate 2
100K125K20192021202320252027Typical rent by year: 2019 AED 90,000; 2020 AED 85,000; 2021 AED 87,172; 2022 AED 100,000; 2023 AED 125,000; 2024 AED 133,100; 2025 AED 135,500; 2026 AED 120,750

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 1807 sits

All 232 1-beds →

1807 last sold in May 2020 at AED 1,537 per sqft, 22% below what one-beds in The Residences at Marina Gate 2 were fetching at the time (AED 1,967). 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.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Aug 20261,750,000
31 Jul 20262,500,000
27 Jul 20261,650,000
27 Jul 202635,464
16 1-bed sales in the last 12 months

The Residences at Marina Gate 2

Building

511 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%
The Residences at Marina Gate 2, Dubai Marina: prices, sales and rents →

Other units on the 18th floor

All 511 units in The Residences at Marina Gate 2
Value
18012-bedAED 3.07M · Jan 2015
18023-bedAED 3.79M · Jan 2015
18032-bedAED 3.05M · Dec 2015
18041-bedAED 1.77M · Nov 2016
18051-bedAED 1.74M · Nov 2017
18062-bedAED 3.6M · May 2024
18081-bedAED 2M · Nov 2024
1–7 of 10

1807, The Residences at Marina Gate 2 in numbers

  • Sold twice: first on 15 April 2015 for AED 1,317,000, last on 27 May 2020 for AED 950,000 (AED 1,537 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 27 May 2020.

Questions about 1807, The Residences at Marina Gate 2

What did unit 1807 last sell for?

AED 950,000 on 27 May 2020: AED 1,537 per sqft for 618 sqft. The unit has 2 registered sales; the first was AED 1,317,000 in April 2015.

How big is unit 1807?

618 sqft (57.4 sqm): a one-bedroom apartment on the 18th floor of a 64-storey tower completed in 2019.

What is unit 1807 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 1807, The Residences at Marina Gate 2

Starts from the last sale price (AED 950K, 27 May 2020). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →