2-bed · 1,320 sqftThe Residences at Marina Gate 2, Dubai Marina · 23rd floor · completed 2019

2303, The Residences at Marina Gate 2

Sold prices and rental history: sold once, by the developer in May 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2303 · DLD and Ejari recordsUpdated 6 March 2026
Last soldAED 1.71M3 May 2015
Current rentAED 250K /yr6 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2303, The Residences at Marina Gate 2

What is 2303 worth today?

Last sold for AED 1,710,335 in 2015

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6 Mar 2026RentedRenewal
AED 250,000/yr12 months · AED 190 per sqft
6 Mar 2025RentedNew contract
AED 250,000/yr12 months · AED 190 per sqft
6 Mar 2025RentedNew contract
AED 250,000/yr12 months · AED 190 per sqft
7 Mar 2024RentedRenewal
AED 250,000/yr12 months · AED 189 per sqft
7 Mar 2024RentedRenewal
AED 250,000/yr12 months · AED 189 per sqft
7 Mar 2023RentedNew contract
AED 250,000/yr12 months · AED 189 per sqft
15 Sep 2020RentedNew contract
AED 140,000/yr12 months · AED 106 per sqft
8 Aug 2019RentedNew contract
AED 180,000/yr12 months · AED 136 per sqft

Source: Dubai Land Department. Updated 6 March 2026.

Key facts

Type
2-bed apartment
Size
1,320 sqft
Floor
23rd of 64
Parking
M-52
Developer
Select Global Development
Completed
2019
Service charge
AED 22,400 /yr
Last sold
AED 1.71M · May 2015

About 2303, The Residences at Marina Gate 2

2303 is a two-bedroom apartment of 1,320 sqft on the 23rd 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 3 May 2015 for AED 1,710,335, or AED 1,296 per sqft, 45% below the AED 2,338 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 6 March 2026, is AED 250,000 a year: a gross yield of 14.6% on the 2015 price, before the service charge of about AED 22,400 a year.

Sales and rents for 2303 over time

Sales
Unit 2303, each saleTypical two-bed in The Residences at Marina Gate 2
2M3M20152018202120242027Typical sale price by year: 2015 AED 2,640,330; 2016 AED 2,535,600; 2017 AED 2,521,000; 2018 AED 2,530,000; 2019 AED 2,417,000; 2020 AED 2,490,000; 2021 AED 2,332,483; 2022 AED 3,000,000; 2023 AED 3,120,000; 2024 AED 3,387,500; 2025 AED 3,437,500; 2026 AED 3,550,000Sold by developer, May 2015: AED 1,710,335 (AED 1,296 per sqft)

2303 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2303, each contractTypical two-bed in The Residences at Marina Gate 2
200K20192021202320252027Typical rent by year: 2019 AED 135,000; 2020 AED 125,000; 2021 AED 130,000; 2022 AED 146,750; 2023 AED 180,000; 2024 AED 200,000; 2025 AED 200,000; 2026 AED 195,000New contract, August 2019: AED 180,000 a yearNew contract, September 2020: AED 140,000 a yearNew contract, March 2023: AED 250,000 a yearRenewal, March 2024: AED 250,000 a yearRenewal, March 2024: AED 250,000 a yearNew contract, March 2025: AED 250,000 a yearNew contract, March 2025: AED 250,000 a yearRenewal, March 2026: AED 250,000 a year

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 2303 sits

All 178 2-beds →

2303 last sold in May 2015 at AED 1,296 per sqft, 45% below what two-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,338). 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. 2303's AED 250,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
8 Oct 20263,350,000
1 Oct 20268,800,000
7 Jul 20263,100,000
26 Jun 20263,100,000
9 2-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 →
Value
23012-bedAED 3.45M · Mar 2022
23023-bedAED 4.1M · Nov 2022
23041-bedAED 1.76M · Apr 2015
23051-bedAED 2.45M · Oct 2024
23062-bedAED 1.88M · Aug 2019
23071-bedAED 1.95M · Aug 2024
23081-bedAED 1.5M · Apr 2022
1–7 of 10

2303, The Residences at Marina Gate 2 in numbers

  • Sold once: by Select Global Development on 3 May 2015 for AED 1,710,335, or AED 1,296 per sqft.
  • Rented since August 2019 on 8 Ejari contracts. The rent fell from AED 180,000 to AED 140,000 in 2020 and recovered to AED 250,000 by March 2026.
  • At AED 250,000 a year the gross yield on the 2015 price is 14.6%, before a service charge of about AED 22,400 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 6 March 2026.

Questions about 2303, The Residences at Marina Gate 2

What did unit 2303 last sell for?

AED 1,710,335 on 3 May 2015, sold by the developer: AED 1,296 per sqft for 1,320 sqft. It is the only registered sale of the unit.

What is the rent for unit 2303?

AED 250,000 a year on the contract renewed on 6 March 2026. The previous contract, from March 2025, was AED 250,000; the unit has been rented since August 2019.

How big is unit 2303?

1,320 sqft (122.6 sqm): a two-bedroom apartment on the 23rd floor of a 64-storey tower completed in 2019.

What is unit 2303 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 2303, The Residences at Marina Gate 2

Starts from the last sale price (AED 1.71M, 3 May 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,710,335
Deposit, UAE resident (20%)
AED 342,067
Deposit, non-resident (40%)
AED 684,134
Monthly over 25 years at 3.7%
AED 6,998

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