1-bed · 830 sqftThe Residences at Marina Gate 2, Dubai Marina · 29th floor · completed 2019

2905, The Residences at Marina Gate 2

Sold prices and rental history: sold once, by the developer in March 2017, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2905 · DLD and Ejari recordsUpdated 4 April 2023
Last soldAED 1.73M29 March 2017
Current rentAED 130K /yr4 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2905, The Residences at Marina Gate 2

What is 2905 worth today?

Last sold for AED 1,728,000 in 2017

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4 Apr 2023RentedNew contract
AED 130,000/yr12 months · AED 157 per sqft
1 Mar 2021RentedNew contract
AED 94,000/yr12 months · AED 113 per sqft
31 Jan 2020RentedNew contract
AED 88,000/yr12 months · AED 106 per sqft
29 Mar 2017Sold by developerOff-plan
AED 1,728,000AED 2,082 per sqft

Source: Dubai Land Department. Updated 4 April 2023.

Key facts

Type
1-bed apartment
Size
830 sqft
Floor
29th of 64
Parking
L5-28
Developer
Select Global Development
Completed
2019
Service charge
AED 14,100 /yr
Last sold
AED 1.73M · March 2017

About 2905, The Residences at Marina Gate 2

2905 is a one-bedroom apartment of 830 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. The developer sold it on 29 March 2017 for AED 1,728,000, or AED 2,082 per sqft, in line with the AED 2,140 one-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 4 April 2023, is AED 130,000 a year: a gross yield of 7.5% on the 2017 price, before the service charge of about AED 14,100 a year.

Sales and rents for 2905 over time

Sales
Unit 2905, 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, March 2017: AED 1,728,000 (AED 2,082 per sqft)

2905 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2905, each contractTypical one-bed in The Residences at Marina Gate 2
100K125K20192021202320252027Typical 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 122,875New contract, January 2020: AED 88,000 a yearNew contract, March 2021: AED 94,000 a yearNew contract, April 2023: AED 130,000 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 2905 sits

All 232 1-beds →

2905 last sold in March 2017 at AED 2,082 per sqft, in line with what one-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,140). 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 175,000 a year. 2905's AED 130,000 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
29012-bedAED 4.15M · Aug 2025
29023-bedAED 5.7M · Mar 2024
29032-bedAED 3.1M · Jan 2015
29041-bedAED 1.77M · Apr 2016
29062-bedAED 1.88M · Aug 2019
29071-bedAED 2.01M · May 2024
29081-bedAED 1.45M · Apr 2016
1–7 of 10

2905, The Residences at Marina Gate 2 in numbers

  • Sold once: by Select Global Development on 29 March 2017 for AED 1,728,000, or AED 2,082 per sqft.
  • Rented since January 2020 on 3 Ejari contracts, from AED 88,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2017 price is 7.5%, 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 4 April 2023.

Questions about 2905, The Residences at Marina Gate 2

What did unit 2905 last sell for?

AED 1,728,000 on 29 March 2017, sold by the developer: AED 2,082 per sqft for 830 sqft. It is the only registered sale of the unit.

What is the rent for unit 2905?

AED 130,000 a year on the contract signed on 4 April 2023. The previous contract, from March 2021, was AED 94,000; the unit has been rented since January 2020.

How big is unit 2905?

830 sqft (77.1 sqm): a one-bedroom apartment on the 29th floor of a 64-storey tower completed in 2019.

What is unit 2905 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 2905, The Residences at Marina Gate 2

Starts from the last sale price (AED 1.73M, 29 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,728,000
Deposit, UAE resident (20%)
AED 345,600
Deposit, non-resident (40%)
AED 691,200
Monthly over 25 years at 3.7%
AED 7,070

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