1-bed · 830 sqftThe Residences at Marina Gate 2, Dubai Marina · 24th floor · completed 2019

2405, The Residences at Marina Gate 2

Sold prices and rental history: sold once, by the developer in October 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2405 · DLD and Ejari recordsUpdated 5 June 2026
Last soldAED 1.81M31 October 2017
Current rentAED 120K /yr5 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2405, The Residences at Marina Gate 2

What is 2405 worth today?

Last sold for AED 1,808,000 in 2017

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5 Jun 2026RentedNew contract
AED 120,000/yr12 months · AED 145 per sqft
5 Jul 2025RentedNew contract
AED 147,000/yr12 months · AED 177 per sqft
5 Jul 2025RentedNew contract
AED 147,000/yr12 months · AED 177 per sqft
6 Jun 2024RentedRenewal
AED 145,000/yr12 months · AED 175 per sqft
6 Jun 2024RentedRenewal
AED 145,000/yr12 months · AED 175 per sqft
5 Jun 2023RentedNew contract
AED 144,598/yr12 months · AED 174 per sqft
26 Oct 2020RentedRenewal
AED 88,000/yr12 months · AED 106 per sqft
26 Oct 2019RentedNew contract
AED 105,000/yr12 months · AED 127 per sqft

Source: Dubai Land Department. Updated 5 June 2026.

Key facts

Type
1-bed apartment
Size
830 sqft
Floor
24th of 64
Parking
L6-63
Developer
Select Global Development
Completed
2019
Service charge
AED 14,100 /yr
Last sold
AED 1.81M · October 2017

About 2405, The Residences at Marina Gate 2

2405 is a one-bedroom apartment of 830 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 31 October 2017 for AED 1,808,000, or AED 2,179 per sqft, in line with the AED 2,135 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 5 June 2026, is AED 120,000 a year: a gross yield of 6.6% on the 2017 price, before the service charge of about AED 14,100 a year.

Sales and rents for 2405 over time

Sales
Unit 2405, each saleTypical one-bed in The Residences at Marina Gate 2
2M20152018202120242027Typical sale price by year: 2015 AED 1,852,000; 2016 AED 1,771,000; 2017 AED 1,750,000; 2018 AED 1,514,500; 2019 AED 1,502,500; 2020 AED 1,300,000; 2021 AED 1,417,875; 2022 AED 1,810,000; 2023 AED 2,050,000; 2024 AED 2,100,000; 2025 AED 2,450,000; 2026 AED 2,150,000Sold by developer, October 2017: AED 1,808,000 (AED 2,179 per sqft)

2405 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2405, each contractTypical one-bed in The Residences at Marina Gate 2
100K150K20192021202320252027Typical rent by year: 2019 AED 90,000; 2020 AED 85,000; 2021 AED 87,172; 2022 AED 100,000; 2023 AED 125,000; 2024 AED 133,100; 2025 AED 135,500; 2026 AED 120,750New contract, October 2019: AED 105,000 a yearRenewal, October 2020: AED 88,000 a yearNew contract, June 2023: AED 144,598 a yearRenewal, June 2024: AED 145,000 a yearRenewal, June 2024: AED 145,000 a yearNew contract, July 2025: AED 147,000 a yearNew contract, July 2025: AED 147,000 a yearNew contract, June 2026: AED 120,000 a year

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 2405 sits

All 232 1-beds →

2405 last sold in October 2017 at AED 2,179 per sqft, in line with what one-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,135). 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. 2405's AED 120,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Aug 20261,750,000
31 Jul 20262,500,000
27 Jul 20261,650,000
27 Jul 202635,464
16 1-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
24012-bedAED 3.1M · Apr 2015
24023-bedAED 5.8M · Dec 2024
24032-bedAED 3.1M · Apr 2015
24041-bedAED 1.77M · Jan 2015
24062-bedAED 1.88M · Aug 2019
24071-bedAED 1.49M · Feb 2015
24081-bedAED 1.45M · Oct 2022
1–7 of 10

2405, The Residences at Marina Gate 2 in numbers

  • Sold once: by Select Global Development on 31 October 2017 for AED 1,808,000, or AED 2,179 per sqft.
  • Rented since October 2019 on 8 Ejari contracts. The rent fell from AED 105,000 to AED 88,000 in 2020 and recovered to AED 120,000 by June 2026.
  • At AED 120,000 a year the gross yield on the 2017 price is 6.6%, 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 5 June 2026.

Questions about 2405, The Residences at Marina Gate 2

What did unit 2405 last sell for?

AED 1,808,000 on 31 October 2017, sold by the developer: AED 2,179 per sqft for 830 sqft. It is the only registered sale of the unit.

What is the rent for unit 2405?

AED 120,000 a year on the contract signed on 5 June 2026. The previous contract, from July 2025, was AED 147,000; the unit has been rented since October 2019.

How big is unit 2405?

830 sqft (77.1 sqm): a one-bedroom apartment on the 24th floor of a 64-storey tower completed in 2019.

What is unit 2405 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 2405, The Residences at Marina Gate 2

Starts from the last sale price (AED 1.81M, 31 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,808,000
Deposit, UAE resident (20%)
AED 361,600
Deposit, non-resident (40%)
AED 723,200
Monthly over 25 years at 3.7%
AED 7,397

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