1-bed · 763 sqftThe Residences at Marina Gate 2, Dubai Marina · 24th floor · completed 2019

2407, The Residences at Marina Gate 2

Sold prices and rental history: sold once, by the developer in February 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2407 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 1.49M18 February 2015
Current rentAED 100K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2407, The Residences at Marina Gate 2

What is 2407 worth today?

Last sold for AED 1,485,380 in 2015

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1 Aug 2026RentedNew contract
AED 100,000/yr12 months · AED 131 per sqft
30 Jul 2025RentedRenewal
AED 110,000/yr12 months · AED 146 per sqft
30 Jul 2025RentedRenewal
AED 110,000/yr12 months · AED 146 per sqft
30 Jul 2024RentedRenewal
AED 100,000/yr12 months · AED 133 per sqft
30 Jul 2024RentedRenewal
AED 100,000/yr12 months · AED 133 per sqft
30 Jul 2023RentedRenewal
AED 95,000/yr12 months · AED 126 per sqft
30 Jul 2022RentedNew contract
AED 95,000/yr12 months · AED 126 per sqft
28 Aug 2021RentedNew contract
AED 110,000/yr12 months · AED 144 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
1-bed apartment
Size
763 sqft
Floor
24th of 64
Parking
L6-64
Developer
Select Global Development
Completed
2019
Service charge
AED 13,000 /yr
Last sold
AED 1.49M · February 2015

About 2407, The Residences at Marina Gate 2

2407 is a one-bedroom apartment of 763 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 18 February 2015 for AED 1,485,380, or AED 1,946 per sqft, 20% below the AED 2,427 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, signed on 1 August 2026, is AED 100,000 a year: a gross yield of 6.7% on the 2015 price, before the service charge of about AED 13,000 a year.

Sales and rents for 2407 over time

Sales
Unit 2407, 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, February 2015: AED 1,485,380 (AED 1,946 per sqft)

2407 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2407, each contractTypical one-bed in The Residences at Marina Gate 2
100K125K201920222025Typical 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, July 2019: AED 90,000 a yearNew contract, August 2021: AED 110,000 a yearNew contract, July 2022: AED 95,000 a yearRenewal, July 2023: AED 95,000 a yearRenewal, July 2024: AED 100,000 a yearRenewal, July 2024: AED 100,000 a yearRenewal, July 2025: AED 110,000 a yearRenewal, July 2025: AED 110,000 a yearNew contract, August 2026: AED 100,000 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 2407 sits

All 232 1-beds →

2407 last sold in February 2015 at AED 1,946 per sqft, 20% below what one-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,427). 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. 2407's AED 100,000 is in the lower 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
24051-bedAED 1.81M · Oct 2017
24062-bedAED 1.88M · Aug 2019
24081-bedAED 1.45M · Oct 2022
1–7 of 10

2407, The Residences at Marina Gate 2 in numbers

  • Sold once: by Select Global Development on 18 February 2015 for AED 1,485,380, or AED 1,946 per sqft.
  • Rented since July 2019 on 9 Ejari contracts, from AED 90,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2015 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 1 August 2026.

Questions about 2407, The Residences at Marina Gate 2

What did unit 2407 last sell for?

AED 1,485,380 on 18 February 2015, sold by the developer: AED 1,946 per sqft for 763 sqft. It is the only registered sale of the unit.

What is the rent for unit 2407?

AED 100,000 a year on the contract signed on 1 August 2026. The previous contract, from July 2025, was AED 110,000; the unit has been rented since July 2019.

How big is unit 2407?

763 sqft (70.9 sqm): a one-bedroom apartment on the 24th floor of a 64-storey tower completed in 2019.

What is unit 2407 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 2407, The Residences at Marina Gate 2

Starts from the last sale price (AED 1.49M, 18 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,485,380
Deposit, UAE resident (20%)
AED 297,076
Deposit, non-resident (40%)
AED 594,152
Monthly over 25 years at 3.7%
AED 6,077

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