2404, The Residences at Marina Gate 2
Sold prices and rental history: sold once, by the developer in January 2015, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2404, The Residences at Marina Gate 2
What is 2404 worth today?
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Source: Dubai Land Department. Updated 1 May 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 829 sqft
- Floor
- 24th of 64
- Parking
- L6-62
- Developer
- Select Global Development
- Completed
- 2019
- Service charge
- AED 14,100 /yr
- Last sold
- AED 1.77M · January 2015
- Building
- The Residences at Marina Gate 2
About 2404, The Residences at Marina Gate 2
2404 is a one-bedroom apartment of 829 sqft on the 24th 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 21 January 2015 for AED 1,767,090, or AED 2,132 per sqft, 5% below the AED 2,237 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, signed on 1 May 2025, is AED 140,000 a year: a gross yield of 7.9% on the 2015 price, before the service charge of about AED 14,100 a year.
Sales and rents for 2404 over time
2404 has sold once; 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 2404 sits
All 232 1-beds →2404 last sold in January 2015 at AED 2,132 per sqft, 5% below what one-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,237). 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. 2404's AED 140,000 is in the upper 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 24th floor
All 511 units in The Residences at Marina Gate 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 2-bed | 1,309 sqft | AED 3.1MAED 3,098,000 · Apr 2015April 2015 | 215,000 /yr | |
| 2402 | 3-bed | 1,634 sqft | AED 5.8MAED 5,800,000 · Dec 2024December 2024 | 320,000 /yr | |
| 2403 | 2-bed | 1,311 sqft | AED 3.1MAED 3,095,000 · Apr 2015April 2015 | 220,000 /yr | |
| 2405 | 1-bed | 830 sqft | AED 1.81MAED 1,808,000 · Oct 2017October 2017 | 120,000 /yr | |
| 2406 | 2-bed | 1,231 sqft | AED 1.88MAED 1,882,500 · Aug 2019August 2019 | 155,000 /yr | |
| 2407 | 1-bed | 763 sqft | AED 1.49MAED 1,485,380 · Feb 2015February 2015 | 100,000 /yr | |
| 2408 | 1-bed | 763 sqft | AED 1.45MAED 1,445,000 · Oct 2022October 2022 | 72,000 /yr | |
| 2409 | 2-bed | 1,231 sqft | AED 2.21MAED 2,207,040 · Jan 2021January 2021 | 189,000 /yr | |
| 2410 | 1-bed | 830 sqft | AED 2.55MAED 2,550,000 · Jan 2025January 2025 | 200,000 /yr | |
| 2411 | 1-bed | 829 sqft | AED 1.85MAED 1,845,000 · May 2015May 2015 |
2404, The Residences at Marina Gate 2 in numbers
- Sold once: by Select Global Development on 21 January 2015 for AED 1,767,090, or AED 2,132 per sqft.
- Rented since July 2020 on 8 Ejari contracts, from AED 80,000 to AED 140,000 a year.
- At AED 140,000 a year the gross yield on the 2015 price is 7.9%, before a service charge of about AED 14,100 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 1 May 2025.
Questions about 2404, The Residences at Marina Gate 2
What did unit 2404 last sell for?
AED 1,767,090 on 21 January 2015, sold by the developer: AED 2,132 per sqft for 829 sqft. It is the only registered sale of the unit.
What is the rent for unit 2404?
AED 140,000 a year on the contract signed on 1 May 2025. The previous contract, from March 2024, was AED 140,000; the unit has been rented since July 2020.
How big is unit 2404?
829 sqft (77.0 sqm): a one-bedroom apartment on the 24th floor of a 64-storey tower completed in 2019.
What is unit 2404 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 2404, The Residences at Marina Gate 2
Starts from the last sale price (AED 1.77M, 21 January 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,767,090
- Deposit, UAE resident (20%)
- AED 353,418
- Deposit, non-resident (40%)
- AED 706,836
- Monthly over 25 years at 3.7%
- AED 7,230
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →