4-bed · 4,642 sqftThe Residences at Marina Gate 2, Dubai Marina · completed 2019

301, The Residences at Marina Gate 2

Sold prices and rental history: sold twice, last in July 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 19 July 2023
Last soldAED 13M19 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, The Residences at Marina Gate 2

What is 301 worth today?

Last sold for AED 13,000,000 in 2023

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19 Jul 2023SoldReady
AED 13,000,000AED 2,800 per sqft
18 Aug 2015Sold by developerOff-plan
AED 9,900,000AED 2,132 per sqft

Source: Dubai Land Department. Updated 19 July 2023.

Key facts

Type
4-bed apartment
Size
4,642 sqft
Parking
M-63, M-64, M-65
Developer
Select Global Development
Completed
2019
Service charge
AED 78,900 /yr
Last sold
AED 13M · July 2023

About 301, The Residences at Marina Gate 2

301 is a four-bedroom apartment of 4,642 sqft 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 19 July 2023 for AED 13,000,000, or AED 2,800 per sqft, 14% below the AED 3,258 four-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 301 over time

Sales
Unit 301, each saleTypical four-bed in The Residences at Marina Gate 2
10M12.5M15M2015201820212024Typical sale price by year: 2015 AED 9,886,000; 2021 AED 11,500,000; 2023 AED 15,000,000Sold by developer, August 2015: AED 9,900,000 (AED 2,132 per sqft)Sold, July 2023: AED 13,000,000 (AED 2,800 per sqft)

301 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 301, each contractTypical four-bed in The Residences at Marina Gate 2
750K1M1.25M202120232025Typical rent by year: 2021 AED 752,500; 2022 AED 724,197; 2023 AED 988,643; 2024 AED 903,375; 2025 AED 1,196,250

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.

4-beds in The Residences at Marina Gate 2, and where 301 sits

All 12 4-beds →

301 last sold in July 2023 at AED 2,800 per sqft, 14% below what four-beds in The Residences at Marina Gate 2 were fetching at the time (AED 3,258).

Recent 4-bed salesUnit no.Price (AED)Summary
24 Aug 202316,000,000
8 May 202315,000,000
29 Sep 202238,000,000
9 May 202212,900,000
0 4-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 →

301, The Residences at Marina Gate 2 in numbers

  • Sold twice: first on 18 August 2015 for AED 9,900,000, last on 19 July 2023 for AED 13,000,000 (AED 2,800 per sqft).

Source: Dubai Land Department. Updated 19 July 2023.

Questions about 301, The Residences at Marina Gate 2

What did unit 301 last sell for?

AED 13,000,000 on 19 July 2023: AED 2,800 per sqft for 4,642 sqft. The unit has 2 registered sales; the first was AED 9,900,000 in August 2015.

How big is unit 301?

4,642 sqft (431.3 sqm): a four-bedroom apartment of a 64-storey tower completed in 2019.

What is unit 301 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 301, The Residences at Marina Gate 2

Starts from the last sale price (AED 13M, 19 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 13,000,000
Deposit, UAE resident (20%)
AED 2,600,000
Deposit, non-resident (40%)
AED 5,200,000
Monthly over 25 years at 3.7%
AED 53,187

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