1-bed · 827 sqftThe Residences at Marina Gate 2, Dubai Marina · 27th floor · completed 2019

2704, The Residences at Marina Gate 2

Sold prices and rental history: sold once, by the developer in February 2015, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2704 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 1.79M18 February 2015
Current rentAED 150K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2704, The Residences at Marina Gate 2

What is 2704 worth today?

Last sold for AED 1,794,000 in 2015

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1 Dec 2025RentedRenewal
AED 150,000/yr12 months · AED 181 per sqft
1 Dec 2025RentedRenewal
AED 72,000/yr12 months · AED 87 per sqft
1 Dec 2024RentedRenewal
AED 150,000/yr12 months · AED 181 per sqft
1 Dec 2024RentedRenewal
AED 150,000/yr12 months · AED 181 per sqft
1 Dec 2024RentedRenewal
AED 150,000/yr12 months · AED 183 per sqft
1 Dec 2023RentedNew contract
AED 150,000/yr12 months · AED 181 per sqft
13 Oct 2022RentedNew contract
AED 160,000/yr12 months · AED 193 per sqft
29 Jun 2021RentedRenewal
AED 85,000/yr12 months · AED 103 per sqft

Source: Dubai Land Department. Updated 1 December 2025.

Key facts

Type
1-bed apartment
Size
827 sqft
Floor
27th of 64
Parking
L5-15
Developer
Select Global Development
Completed
2019
Service charge
AED 14,100 /yr
Last sold
AED 1.79M · February 2015

About 2704, The Residences at Marina Gate 2

2704 is a one-bedroom apartment of 827 sqft on the 27th 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 1,794,000, or AED 2,168 per sqft, 11% below the AED 2,427 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 9 Ejari contracts. The current contract, renewed on 1 December 2025, is AED 150,000 a year: a gross yield of 8.4% on the 2015 price, before the service charge of about AED 14,100 a year.

Sales and rents for 2704 over time

Sales
Unit 2704, 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 1,794,000 (AED 2,168 per sqft)

2704 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2704, 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, January 2020: AED 100,000 a yearRenewal, June 2021: AED 85,000 a yearNew contract, October 2022: AED 160,000 a yearNew contract, December 2023: AED 150,000 a yearRenewal, December 2024: AED 150,000 a yearRenewal, December 2024: AED 150,000 a yearRenewal, December 2024: AED 150,000 a yearRenewal, December 2025: AED 150,000 a yearRenewal, December 2025: AED 72,000 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 2704 sits

All 232 1-beds →

2704 last sold in February 2015 at AED 2,168 per sqft, 11% 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. 2704's AED 150,000 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
27012-bedAED 3.16M · Jan 2015
27023-bedAED 3.79M · Feb 2015
27032-bedAED 3.13M · May 2015
27051-bedAED 1.83M · Mar 2018
27062-bedAED 1.88M · Aug 2019
27071-bedAED 1.5M · Mar 2022
27081-bedAED 35K · Jul 2026
1–7 of 10

2704, The Residences at Marina Gate 2 in numbers

  • Sold once: by Select Global Development on 18 February 2015 for AED 1,794,000, or AED 2,168 per sqft.
  • Rented since January 2020 on 9 Ejari contracts. The rent fell from AED 100,000 to AED 72,000 in 2025 and recovered to AED 150,000 by December 2025.
  • At AED 150,000 a year the gross yield on the 2015 price is 8.4%, 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 December 2025.

Questions about 2704, The Residences at Marina Gate 2

What did unit 2704 last sell for?

AED 1,794,000 on 18 February 2015, sold by the developer: AED 2,168 per sqft for 827 sqft. It is the only registered sale of the unit.

What is the rent for unit 2704?

AED 150,000 a year on the contract renewed on 1 December 2025. The previous contract, from December 2025, was AED 72,000; the unit has been rented since January 2020.

How big is unit 2704?

827 sqft (76.8 sqm): a one-bedroom apartment on the 27th floor of a 64-storey tower completed in 2019.

What is unit 2704 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 2704, The Residences at Marina Gate 2

Starts from the last sale price (AED 1.79M, 18 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,794,000
Deposit, UAE resident (20%)
AED 358,800
Deposit, non-resident (40%)
AED 717,600
Monthly over 25 years at 3.7%
AED 7,340

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