2-bed · 1,233 sqftThe Residences at Marina Gate 2, Dubai Marina · 23rd floor · completed 2019

2309, The Residences at Marina Gate 2

Sold prices and rental history: sold once, by the developer in July 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2309 · DLD and Ejari recordsUpdated 16 June 2026
Last soldAED 2.55M17 July 2016
Current rentAED 167K /yr16 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2309, The Residences at Marina Gate 2

What is 2309 worth today?

Last sold for AED 2,548,000 in 2016

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16 Jun 2026RentedRenewal
AED 166,500/yr12 months · AED 135 per sqft
16 Jun 2025RentedNew contract
AED 185,000/yr12 months · AED 149 per sqft
16 Jun 2025RentedNew contract
AED 185,000/yr12 months · AED 149 per sqft
10 Jun 2024RentedNew contract
AED 180,000/yr12 months · AED 147 per sqft
10 Jun 2024RentedNew contract
AED 180,000/yr12 months · AED 147 per sqft
3 Sep 2022RentedRenewal
AED 125,000/yr12 months · AED 101 per sqft
3 Sep 2020RentedNew contract
AED 115,000/yr12 months · AED 93 per sqft
3 Aug 2020RentedNew contract
AED 115,000/yr12 months · AED 93 per sqft

Source: Dubai Land Department. Updated 16 June 2026.

Key facts

Type
2-bed apartment
Size
1,233 sqft
Floor
23rd of 64
Parking
L3-02
Developer
Select Global Development
Completed
2019
Service charge
AED 21,000 /yr
Last sold
AED 2.55M · July 2016

About 2309, The Residences at Marina Gate 2

2309 is a two-bedroom apartment of 1,233 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 17 July 2016 for AED 2,548,000, or AED 2,066 per sqft, in line with the AED 2,108 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, renewed on 16 June 2026, is AED 166,500 a year: a gross yield of 6.5% on the 2016 price, before the service charge of about AED 21,000 a year.

Sales and rents for 2309 over time

Sales
Unit 2309, each saleTypical two-bed in The Residences at Marina Gate 2
3M20152018202120242027Typical 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, July 2016: AED 2,548,000 (AED 2,066 per sqft)

2309 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2309, each contractTypical two-bed in The Residences at Marina Gate 2
100K150K200K20192021202320252027Typical 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 130,000 a yearNew contract, August 2020: AED 115,000 a yearNew contract, September 2020: AED 115,000 a yearRenewal, September 2022: AED 125,000 a yearNew contract, June 2024: AED 180,000 a yearNew contract, June 2024: AED 180,000 a yearNew contract, June 2025: AED 185,000 a yearNew contract, June 2025: AED 185,000 a yearRenewal, June 2026: AED 166,500 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 2309 sits

All 178 2-beds →

2309 last sold in July 2016 at AED 2,066 per sqft, in line with what two-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,108). 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. 2309's AED 166,500 is in the lower 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
23032-bedAED 1.71M · May 2015
23041-bedAED 1.76M · Apr 2015
23051-bedAED 2.45M · Oct 2024
23062-bedAED 1.88M · Aug 2019
23071-bedAED 1.95M · Aug 2024
1–7 of 10

2309, The Residences at Marina Gate 2 in numbers

  • Sold once: by Select Global Development on 17 July 2016 for AED 2,548,000, or AED 2,066 per sqft.
  • Rented since August 2019 on 9 Ejari contracts. The rent fell from AED 130,000 to AED 115,000 in 2020 and recovered to AED 166,500 by June 2026.
  • At AED 166,500 a year the gross yield on the 2016 price is 6.5%, before a service charge of about AED 21,000 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 16 June 2026.

Questions about 2309, The Residences at Marina Gate 2

What did unit 2309 last sell for?

AED 2,548,000 on 17 July 2016, sold by the developer: AED 2,066 per sqft for 1,233 sqft. It is the only registered sale of the unit.

What is the rent for unit 2309?

AED 166,500 a year on the contract renewed on 16 June 2026. The previous contract, from June 2025, was AED 185,000; the unit has been rented since August 2019.

How big is unit 2309?

1,233 sqft (114.5 sqm): a two-bedroom apartment on the 23rd floor of a 64-storey tower completed in 2019.

What is unit 2309 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 2309, The Residences at Marina Gate 2

Starts from the last sale price (AED 2.55M, 17 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,548,000
Deposit, UAE resident (20%)
AED 509,600
Deposit, non-resident (40%)
AED 1,019,200
Monthly over 25 years at 3.7%
AED 10,425

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