2308, The Residences at Marina Gate 2
Sold prices and rental history: sold 3 times, last in April 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2308, The Residences at Marina Gate 2
What is 2308 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 12 April 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 763 sqft
- Floor
- 23rd of 64
- Parking
- L6-59
- Developer
- Select Global Development
- Completed
- 2019
- Service charge
- AED 13,000 /yr
- Last sold
- AED 1.5M · April 2022
- Building
- The Residences at Marina Gate 2
About 2308, The Residences at Marina Gate 2
2308 is a one-bedroom apartment of 763 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. It last sold on 12 April 2022 for AED 1,500,000, or AED 1,966 per sqft, in line with the AED 1,966 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 8 October 2021, is AED 100,000 a year: a gross yield of 6.7% on the 2022 price, before the service charge of about AED 13,000 a year.
Sales and rents for 2308 over time
2308 has sold 3 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 2308 sits
All 232 1-beds →2308 last sold in April 2022 at AED 1,966 per sqft, in line with what one-beds in The Residences at Marina Gate 2 were fetching at the time (AED 1,966). 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 175,000 a year. 2308'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 23rd floor
All 511 units in The Residences at Marina Gate 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | 2-bed | 1,317 sqft | AED 3.45MAED 3,450,000 · Mar 2022March 2022 | 180,000 /yr | |
| 2302 | 3-bed | 1,639 sqft | AED 4.1MAED 4,100,000 · Nov 2022November 2022 | 315,000 /yr | |
| 2303 | 2-bed | 1,320 sqft | AED 1.71MAED 1,710,335 · May 2015May 2015 | 250,000 /yr | |
| 2304 | 1-bed | 826 sqft | AED 1.76MAED 1,758,120 · Apr 2015April 2015 | 125,000 /yr | |
| 2305 | 1-bed | 830 sqft | AED 2.45MAED 2,450,000 · Oct 2024October 2024 | 85,000 /yr | |
| 2306 | 2-bed | 1,233 sqft | AED 1.88MAED 1,882,500 · Aug 2019August 2019 | 144,900 /yr | |
| 2307 | 1-bed | 763 sqft | AED 1.95MAED 1,950,000 · Aug 2024August 2024 | 80,000 /yr | |
| 2309 | 2-bed | 1,233 sqft | AED 2.55MAED 2,548,000 · Jul 2016July 2016 | 166,500 /yr | |
| 2310 | 1-bed | 830 sqft | AED 1.41MAED 1,409,181 · Apr 2022April 2022 | 130,000 /yr | |
| 2311 | 1-bed | 826 sqft | AED 1.45MAED 1,450,000 · Jul 2019July 2019 | 138,000 /yr |
2308, The Residences at Marina Gate 2 in numbers
- Sold 3 times: first on 15 January 2015 for AED 1,492,920, last on 12 April 2022 for AED 1,500,000 (AED 1,966 per sqft).
- Rented since July 2019 on 3 Ejari contracts. The rent fell from AED 85,000 to AED 70,000 in 2020 and recovered to AED 100,000 by October 2021.
- At AED 100,000 a year the gross yield on the 2022 price is 6.7%, before a service charge of about AED 13,000 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 12 April 2022.
Questions about 2308, The Residences at Marina Gate 2
What did unit 2308 last sell for?
AED 1,500,000 on 12 April 2022: AED 1,966 per sqft for 763 sqft. The unit has 3 registered sales; the first was AED 1,492,920 in January 2015.
What is the rent for unit 2308?
AED 100,000 a year on the contract signed on 8 October 2021. The previous contract, from August 2020, was AED 70,000; the unit has been rented since July 2019.
How big is unit 2308?
763 sqft (70.9 sqm): a one-bedroom apartment on the 23rd floor of a 64-storey tower completed in 2019.
What is unit 2308 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.
Selling 2308? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 2308, The Residences at Marina Gate 2
Starts from the last sale price (AED 1.5M, 12 April 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,500,000
- Deposit, UAE resident (20%)
- AED 300,000
- Deposit, non-resident (40%)
- AED 600,000
- Monthly over 25 years at 3.7%
- AED 6,137
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →