2805, The Residences at Marina Gate 2
Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2805, The Residences at Marina Gate 2
What is 2805 worth today?
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Source: Dubai Land Department. Updated 22 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 830 sqft
- Floor
- 28th of 64
- Parking
- L5-22
- Developer
- Select Global Development
- Completed
- 2019
- Service charge
- AED 14,100 /yr
- Last sold
- AED 2.4M · July 2024
- Building
- The Residences at Marina Gate 2
About 2805, The Residences at Marina Gate 2
2805 is a one-bedroom apartment of 830 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. It last sold on 22 July 2024 for AED 2,400,000, or AED 2,892 per sqft, in line with the AED 2,866 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 10 March 2024, is AED 105,000 a year: a gross yield of 4.4% on the 2024 price, before the service charge of about AED 14,100 a year.
Sales and rents for 2805 over time
2805 has sold twice; 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 2805 sits
All 232 1-beds →2805 last sold in July 2024 at AED 2,892 per sqft, in line with what one-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,866). 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. 2805's AED 105,000 is in the lower 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 | |
| 2804 | 1-bed | 827 sqft | AED 1.73MAED 1,733,000 · Jun 2016June 2016 | 135,000 /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 |
2805, The Residences at Marina Gate 2 in numbers
- Sold twice: first on 22 October 2017 for AED 1,777,050, last on 22 July 2024 for AED 2,400,000 (AED 2,892 per sqft).
- Rented since July 2020 on 6 Ejari contracts, from AED 85,000 to AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2024 price is 4.4%, 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 22 July 2024.
Questions about 2805, The Residences at Marina Gate 2
What did unit 2805 last sell for?
AED 2,400,000 on 22 July 2024: AED 2,892 per sqft for 830 sqft. The unit has 2 registered sales; the first was AED 1,777,050 in October 2017.
What is the rent for unit 2805?
AED 105,000 a year on the contract renewed on 10 March 2024. The previous contract, from March 2024, was AED 105,000; the unit has been rented since July 2020.
How big is unit 2805?
830 sqft (77.1 sqm): a one-bedroom apartment on the 28th floor of a 64-storey tower completed in 2019.
What is unit 2805 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 2805, The Residences at Marina Gate 2
Starts from the last sale price (AED 2.4M, 22 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,400,000
- Deposit, UAE resident (20%)
- AED 480,000
- Deposit, non-resident (40%)
- AED 960,000
- Monthly over 25 years at 3.7%
- AED 9,819
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →