2804, The Residences at Marina Gate 2
Sold prices and rental history: sold once, by the developer in June 2016, 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 2804, The Residences at Marina Gate 2
What is 2804 worth today?
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Source: Dubai Land Department. Updated 1 October 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 827 sqft
- Floor
- 28th of 64
- Parking
- L5-21
- Developer
- Select Global Development
- Completed
- 2019
- Service charge
- AED 14,100 /yr
- Last sold
- AED 1.73M · June 2016
- Building
- The Residences at Marina Gate 2
About 2804, The Residences at Marina Gate 2
2804 is a one-bedroom apartment of 827 sqft on the 28th 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 6 June 2016 for AED 1,733,000, or AED 2,094 per sqft, 3% below the AED 2,167 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 1 October 2023, is AED 135,000 a year: a gross yield of 7.8% on the 2016 price, before the service charge of about AED 14,100 a year.
Sales and rents for 2804 over time
2804 has sold once; the dashed line is the one-bed median of each year in the building.
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 2804 sits
All 232 1-beds →2804 last sold in June 2016 at AED 2,094 per sqft, 3% below what one-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,167). 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. 2804's AED 135,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Aug 20263 August 2026 | 763 sqft | 1,750,000 | 2,293 | ||
| 31 Jul 202631 July 2026 | 845 sqft | 2,500,000 | 2,959 | ||
| 27 Jul 202627 July 2026 | 618 sqft | 1,650,000 | 2,670 | ||
| 27 Jul 202627 July 2026 | 763 sqft | 35,464 | 46 |
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 28th floor
All 511 units in The Residences at Marina Gate 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2801 | 2-bed | 1,310 sqft | AED 4MAED 4,000,000 · Dec 2022December 2022 | 155,000 /yr | |
| 2802 | 3-bed | 1,634 sqft | AED 3.74MAED 3,742,000 · Mar 2020March 2020 | 170,000 /yr | |
| 2803 | 2-bed | 1,312 sqft | AED 3.7MAED 3,700,000 · Jan 2023January 2023 | 250,000 /yr | |
| 2805 | 1-bed | 830 sqft | AED 2.4MAED 2,400,000 · Jul 2024July 2024 | 105,000 /yr | |
| 2806 | 2-bed | 1,231 sqft | AED 2.11MAED 2,114,928 · Mar 2021March 2021 | 170,000 /yr | |
| 2807 | 1-bed | 763 sqft | AED 1.5MAED 1,500,000 · May 2015May 2015 | 125,000 /yr | |
| 2808 | 1-bed | 763 sqft | AED 1.5MAED 1,500,000 · May 2015May 2015 | 106,000 /yr | |
| 2809 | 2-bed | 1,231 sqft | AED 2.61MAED 2,610,000 · Mar 2018March 2018 | ||
| 2810 | 1-bed | 830 sqft | AED 1.81MAED 1,810,000 · May 2022May 2022 | 120,000 /yr | |
| 2811 | 1-bed | 828 sqft | AED 2.35MAED 2,350,000 · Sep 2023September 2023 | 125,000 /yr |
2804, The Residences at Marina Gate 2 in numbers
- Sold once: by Select Global Development on 6 June 2016 for AED 1,733,000, or AED 2,094 per sqft.
- Rented since July 2019 on 6 Ejari contracts. The rent fell from AED 96,000 to AED 83,000 in 2020 and recovered to AED 135,000 by October 2023.
- At AED 135,000 a year the gross yield on the 2016 price is 7.8%, 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 October 2023.
Questions about 2804, The Residences at Marina Gate 2
What did unit 2804 last sell for?
AED 1,733,000 on 6 June 2016, sold by the developer: AED 2,094 per sqft for 827 sqft. It is the only registered sale of the unit.
What is the rent for unit 2804?
AED 135,000 a year on the contract signed on 1 October 2023. The previous contract, from May 2023, was AED 109,245; the unit has been rented since July 2019.
How big is unit 2804?
827 sqft (76.8 sqm): a one-bedroom apartment on the 28th floor of a 64-storey tower completed in 2019.
What is unit 2804 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 2804, The Residences at Marina Gate 2
Starts from the last sale price (AED 1.73M, 6 June 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,733,000
- Deposit, UAE resident (20%)
- AED 346,600
- Deposit, non-resident (40%)
- AED 693,200
- Monthly over 25 years at 3.7%
- AED 7,090
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →