2-bed · 1,309 sqftThe Residences at Marina Gate 2, Dubai Marina · 25th floor · completed 2019

2501, The Residences at Marina Gate 2

Sold prices and rental history: sold twice, last in March 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2501 · DLD and Ejari recordsUpdated 28 March 2022
Last soldAED 3.37M28 March 2022
Current rentAED 139K /yr31 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2501, The Residences at Marina Gate 2

What is 2501 worth today?

Last sold for AED 3,370,000 in 2022

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28 Mar 2022SoldReady
AED 3,370,000AED 2,574 per sqft
31 Aug 2021RentedNew contract
AED 139,041/yr5 months · AED 106 per sqft
29 Aug 2019RentedNew contract
AED 160,000/yr12 months · AED 122 per sqft
20 Oct 2015Sold by developerOff-plan
AED 3,215,000AED 2,456 per sqft

Source: Dubai Land Department. Updated 28 March 2022.

Key facts

Type
2-bed apartment
Size
1,309 sqft
Floor
25th of 64
Parking
L3-05
Developer
Select Global Development
Completed
2019
Service charge
AED 22,300 /yr
Last sold
AED 3.37M · March 2022

About 2501, The Residences at Marina Gate 2

2501 is a two-bedroom apartment of 1,309 sqft on the 25th floor of The Residences at Marina Gate 2, a 64-storey tower in Dubai Marina completed in 2019 by Select Global Development. It last sold on 28 March 2022 for AED 3,370,000, or AED 2,574 per sqft, 28% above the AED 2,007 two-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 31 August 2021, is AED 139,041 a year: a gross yield of 4.1% on the 2022 price, before the service charge of about AED 22,300 a year.

Sales and rents for 2501 over time

Sales
Unit 2501, 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, October 2015: AED 3,215,000 (AED 2,456 per sqft)Sold, March 2022: AED 3,370,000 (AED 2,574 per sqft)

2501 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2501, each contractTypical two-bed in The Residences at Marina Gate 2
150K200K20192021202320252027Typical 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 160,000 a yearNew contract, August 2021: AED 139,041 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 2501 sits

All 178 2-beds →

2501 last sold in March 2022 at AED 2,574 per sqft, 28% above what two-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,007). 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. 2501's AED 139,041 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
25023-bedAED 3.75M · Feb 2015
25032-bedAED 3.1M · Jan 2015
25041-bedAED 2.44M · Feb 2026
25051-bedAED 2.53M · Jul 2025
25062-bedAED 2.45M · Jan 2020
25071-bedAED 1.75M · Aug 2026
25081-bedAED 1.2M · Mar 2021
1–7 of 10

2501, The Residences at Marina Gate 2 in numbers

  • Sold twice: first on 20 October 2015 for AED 3,215,000, last on 28 March 2022 for AED 3,370,000 (AED 2,574 per sqft).
  • Rented since August 2019 on 2 Ejari contracts, from AED 160,000 to AED 139,041 a year.
  • At AED 139,041 a year the gross yield on the 2022 price is 4.1%, before a service charge of about AED 22,300 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 28 March 2022.

Questions about 2501, The Residences at Marina Gate 2

What did unit 2501 last sell for?

AED 3,370,000 on 28 March 2022: AED 2,574 per sqft for 1,309 sqft. The unit has 2 registered sales; the first was AED 3,215,000 in October 2015.

What is the rent for unit 2501?

AED 139,041 a year on the contract signed on 31 August 2021. The previous contract, from August 2019, was AED 160,000.

How big is unit 2501?

1,309 sqft (121.6 sqm): a two-bedroom apartment on the 25th floor of a 64-storey tower completed in 2019.

What is unit 2501 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 2501, The Residences at Marina Gate 2

Starts from the last sale price (AED 3.37M, 28 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,370,000
Deposit, UAE resident (20%)
AED 674,000
Deposit, non-resident (40%)
AED 1,348,000
Monthly over 25 years at 3.7%
AED 13,788

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