2902, The Residences at Marina Gate 2
Sold prices and rental history: sold 3 times, last in March 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 2902, The Residences at Marina Gate 2
What is 2902 worth today?
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Source: Dubai Land Department. Updated 21 March 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,634 sqft
- Floor
- 29th of 64
- Parking
- M-39, M-40
- Developer
- Select Global Development
- Completed
- 2019
- Service charge
- AED 27,800 /yr
- Last sold
- AED 5.7M · March 2024
- Building
- The Residences at Marina Gate 2
About 2902, The Residences at Marina Gate 2
2902 is a three-bedroom apartment of 1,634 sqft on the 29th 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 21 March 2024 for AED 5,700,000, or AED 3,489 per sqft, 17% above the AED 2,983 three-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 1 June 2023, is AED 367,500 a year: a gross yield of 6.5% on the 2024 price, before the service charge of about AED 27,800 a year.
Sales and rents for 2902 over time
2902 has sold 3 times; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in The Residences at Marina Gate 2, and where 2902 sits
All 96 3-beds →2902 last sold in March 2024 at AED 3,489 per sqft, 17% above what three-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,983). Over the last 12 months three-beds sold for AED 4,990,000 to 7,575,000, around AED 3,452 per sqft, and rent for AED 155,000 to 425,000 a year. 2902's AED 367,500 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Aug 202610 August 2026 | 1,812 sqft | 4,990,000 | 2,754 | ||
| 25 Feb 202625 February 2026 | 1,636 sqft | 5,650,000 | 3,452 | ||
| 19 Dec 202519 December 2025 | 2,261 sqft | 7,100,000 | 3,139 | ||
| 16 Dec 202516 December 2025 | 2,146 sqft | 7,575,000 | 3,530 |
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 29th floor
All 511 units in The Residences at Marina Gate 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2901 | 2-bed | 1,310 sqft | AED 4.15MAED 4,150,000 · Aug 2025August 2025 | 205,000 /yr | |
| 2903 | 2-bed | 1,312 sqft | AED 3.1MAED 3,095,000 · Jan 2015January 2015 | 184,642 /yr | |
| 2904 | 1-bed | 827 sqft | AED 1.77MAED 1,771,000 · Apr 2016April 2016 | 125,000 /yr | |
| 2905 | 1-bed | 830 sqft | AED 1.73MAED 1,728,000 · Mar 2017March 2017 | 130,000 /yr | |
| 2906 | 2-bed | 1,231 sqft | AED 1.88MAED 1,882,500 · Aug 2019August 2019 | 160,000 /yr | |
| 2907 | 1-bed | 763 sqft | AED 2.01MAED 2,010,000 · May 2024May 2024 | 95,000 /yr | |
| 2908 | 1-bed | 763 sqft | AED 1.45MAED 1,450,000 · Apr 2016April 2016 | 100,000 /yr | |
| 2909 | 2-bed | 1,231 sqft | AED 3.55MAED 3,550,000 · Jun 2026June 2026 | 220,000 /yr | |
| 2910 | 1-bed | 830 sqft | AED 1.85MAED 1,852,000 · Aug 2015August 2015 | 120,000 /yr | |
| 2911 | 1-bed | 828 sqft | AED 1.8MAED 1,800,000 · Dec 2021December 2021 | 156,000 /yr |
2902, The Residences at Marina Gate 2 in numbers
- Sold 3 times: first on 16 April 2015 for AED 3,730,000, last on 21 March 2024 for AED 5,700,000 (AED 3,489 per sqft).
- Rented since November 2020 on 4 Ejari contracts, from AED 235,000 to AED 367,500 a year.
- At AED 367,500 a year the gross yield on the 2024 price is 6.5%, before a service charge of about AED 27,800 a year (AED 17.00 per sqft).
- Three-beds in The Residences at Marina Gate 2 sold for AED 4,990,000–7,575,000 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 21 March 2024.
Questions about 2902, The Residences at Marina Gate 2
What did unit 2902 last sell for?
AED 5,700,000 on 21 March 2024: AED 3,489 per sqft for 1,634 sqft. The unit has 3 registered sales; the first was AED 3,730,000 in April 2015.
What is the rent for unit 2902?
AED 367,500 a year on the contract renewed on 1 June 2023. The previous contract, from June 2022, was AED 350,000; the unit has been rented since November 2020.
How big is unit 2902?
1,634 sqft (151.8 sqm): a three-bedroom apartment on the 29th floor of a 64-storey tower completed in 2019.
What is unit 2902 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Residences at Marina Gate 2 sold for AED 4,990,000 to 7,575,000 in the last 12 months, around AED 3,452 per sqft.
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Mortgage on 2902, The Residences at Marina Gate 2
Starts from the last sale price (AED 5.7M, 21 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 5,700,000
- Deposit, UAE resident (20%)
- AED 1,140,000
- Deposit, non-resident (40%)
- AED 2,280,000
- Monthly over 25 years at 3.7%
- AED 23,320
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →