2406, The Residences at Marina Gate 2
Sold prices and rental history: sold once, by the developer in August 2019, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2406, The Residences at Marina Gate 2
What is 2406 worth today?
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Source: Dubai Land Department. Updated 25 August 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,231 sqft
- Floor
- 24th of 64
- Parking
- L1-79
- Developer
- Select Global Development
- Completed
- 2019
- Service charge
- AED 20,900 /yr
- Last sold
- AED 1.88M · August 2019
- Building
- The Residences at Marina Gate 2
About 2406, The Residences at Marina Gate 2
2406 is a two-bedroom apartment of 1,231 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 29 August 2019 for AED 1,882,500, or AED 1,528 per sqft, 22% below the AED 1,953 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 10 Ejari contracts. The current contract, signed on 25 August 2026, is AED 155,000 a year: a gross yield of 8.2% on the 2019 price, before the service charge of about AED 20,900 a year.
Sales and rents for 2406 over time
2406 has sold once; the dashed line is the two-bed median of each year in the building.
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 2406 sits
All 178 2-beds →2406 last sold in August 2019 at AED 1,528 per sqft, 22% below what two-beds in The Residences at Marina Gate 2 were fetching at the time (AED 1,953). 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. 2406's AED 155,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Oct 20268 October 2026 | 1,231 sqft | 3,350,000 | 2,720 | ||
| 1 Oct 20261 October 2026 | 2,480 sqft | 8,800,000 | 3,548 | ||
| 7 Jul 20267 July 2026 | 1,229 sqft | 3,100,000 | 2,521 | ||
| 26 Jun 202626 June 2026 | 1,204 sqft | 3,100,000 | 2,575 |
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 | |
| 2404 | 1-bed | 829 sqft | AED 1.77MAED 1,767,090 · Jan 2015January 2015 | 140,000 /yr | |
| 2405 | 1-bed | 830 sqft | AED 1.81MAED 1,808,000 · Oct 2017October 2017 | 120,000 /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 |
2406, The Residences at Marina Gate 2 in numbers
- Sold once: by Select Global Development on 29 August 2019 for AED 1,882,500, or AED 1,528 per sqft.
- Rented since November 2019 on 10 Ejari contracts. The rent fell from AED 125,000 to AED 110,000 in 2023 and recovered to AED 155,000 by August 2026.
- At AED 155,000 a year the gross yield on the 2019 price is 8.2%, before a service charge of about AED 20,900 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 25 August 2026.
Questions about 2406, The Residences at Marina Gate 2
What did unit 2406 last sell for?
AED 1,882,500 on 29 August 2019, sold by the developer: AED 1,528 per sqft for 1,231 sqft. It is the only registered sale of the unit.
What is the rent for unit 2406?
AED 155,000 a year on the contract signed on 25 August 2026. The previous contract, from September 2025, was AED 145,200; the unit has been rented since November 2019.
How big is unit 2406?
1,231 sqft (114.4 sqm): a two-bedroom apartment on the 24th floor of a 64-storey tower completed in 2019.
What is unit 2406 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 2406, The Residences at Marina Gate 2
Starts from the last sale price (AED 1.88M, 29 August 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,882,500
- Deposit, UAE resident (20%)
- AED 376,500
- Deposit, non-resident (40%)
- AED 753,000
- Monthly over 25 years at 3.7%
- AED 7,702
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →