2004, The Residences at Marina Gate 2
Sold prices and rental history: sold 4 times, last in November 2024, 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 2004, The Residences at Marina Gate 2
What is 2004 worth today?
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Source: Dubai Land Department. Updated 7 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 822 sqft
- Floor
- 20th of 64
- Parking
- L6-46
- Developer
- Select Global Development
- Completed
- 2019
- Service charge
- AED 14,000 /yr
- Last sold
- AED 2.36M · November 2024
- Building
- The Residences at Marina Gate 2
About 2004, The Residences at Marina Gate 2
2004 is a one-bedroom apartment of 822 sqft on the 20th 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 7 November 2024 for AED 2,360,000, or AED 2,870 per sqft, in line with the AED 2,870 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 25 September 2022, is AED 100,000 a year: a gross yield of 4.2% on the 2024 price, before the service charge of about AED 14,000 a year.
Sales and rents for 2004 over time
2004 has sold 4 times; 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 2004 sits
All 232 1-beds →2004 last sold in November 2024 at AED 2,870 per sqft, in line with what one-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,870). 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. 2004's AED 100,000 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 20th floor
All 511 units in The Residences at Marina Gate 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 2-bed | 1,319 sqft | AED 3.1MAED 3,101,000 · Apr 2015April 2015 | 220,000 /yr | |
| 2002 | 3-bed | 1,636 sqft | AED 3.79MAED 3,786,000 · Oct 2015October 2015 | 265,000 /yr | |
| 2003 | 2-bed | 1,324 sqft | AED 2.9MAED 2,900,000 · Nov 2017November 2017 | ||
| 2005 | 1-bed | 828 sqft | AED 2.25MAED 2,250,000 · Apr 2025April 2025 | 140,000 /yr | |
| 2006 | 2-bed | 1,234 sqft | AED 3.25MAED 3,250,000 · Jun 2025June 2025 | 185,000 /yr | |
| 2007 | 1-bed | 618 sqft | AED 988KAED 988,000 · Jul 2020July 2020 | 87,000 /yr | |
| 2008 | 1-bed | 619 sqft | AED 1.54MAED 1,535,000 · Nov 2022November 2022 | 110,000 /yr | |
| 2009 | 2-bed | 1,234 sqft | AED 2.52MAED 2,520,000 · May 2016May 2016 | 210,000 /yr | |
| 2010 | 1-bed | 827 sqft | AED 2.2MAED 2,200,000 · May 2023May 2023 | 110,000 /yr | |
| 2011 | 1-bed | 823 sqft | AED 1.83MAED 1,833,085 · May 2015May 2015 | 130,000 /yr |
2004, The Residences at Marina Gate 2 in numbers
- Sold 4 times: first on 12 December 2016 for AED 1,800,000, last on 7 November 2024 for AED 2,360,000 (AED 2,870 per sqft).
- Rented since August 2019 on 4 Ejari contracts. The rent fell from AED 95,000 to AED 80,000 in 2020 and recovered to AED 100,000 by September 2022.
- At AED 100,000 a year the gross yield on the 2024 price is 4.2%, before a service charge of about AED 14,000 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 7 November 2024.
Questions about 2004, The Residences at Marina Gate 2
What did unit 2004 last sell for?
AED 2,360,000 on 7 November 2024: AED 2,870 per sqft for 822 sqft. The unit has 4 registered sales; the first was AED 1,800,000 in December 2016.
What is the rent for unit 2004?
AED 100,000 a year on the contract signed on 25 September 2022. The previous contract, from September 2021, was AED 100,000; the unit has been rented since August 2019.
How big is unit 2004?
822 sqft (76.4 sqm): a one-bedroom apartment on the 20th floor of a 64-storey tower completed in 2019.
What is unit 2004 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 2004, The Residences at Marina Gate 2
Starts from the last sale price (AED 2.36M, 7 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,360,000
- Deposit, UAE resident (20%)
- AED 472,000
- Deposit, non-resident (40%)
- AED 944,000
- Monthly over 25 years at 3.7%
- AED 9,655
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →