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1-bed · 828 sqftThe Residences at Marina Gate 2, Dubai Marina · 30th floor · completed 2019

3011, The Residences at Marina Gate 2

Sold prices and rental history: sold once, by the developer in September 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3011 · DLD and Ejari recordsUpdated 14 September 2015
Last soldAED 1.88M14 September 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3011, The Residences at Marina Gate 2

What is 3011 worth today?

Last sold for AED 1,884,000 in 2015

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14 Sep 2015Sold by developerOff-plan
AED 1,884,000AED 2,276 per sqft

Source: Dubai Land Department. Updated 14 September 2015.

Key facts

Type
1-bed apartment
Size
828 sqft
Floor
30th of 64
Parking
L5-44
Developer
Select Global Development
Completed
2019
Service charge
AED 14,100 /yr
Last sold
AED 1.88M · September 2015
Building
The Residences at Marina Gate 2

About 3011, The Residences at Marina Gate 2

3011 is a one-bedroom apartment of 828 sqft on the 30th 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 14 September 2015 for AED 1,884,000, or AED 2,276 per sqft, in line with the AED 2,230 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3011 over time

Sales
Unit 3011, 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, September 2015: AED 1,884,000 (AED 2,276 per sqft)

3011 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3011, 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 122,875

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 3011 sits

All 232 1-beds →

3011 last sold in September 2015 at AED 2,276 per sqft, in line with what one-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,230). 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.

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 →

Other units on the 30th floor

All 511 units in The Residences at Marina Gate 2
Value
30012-bedAED 3.17M · Jan 2015
30023-bedAED 3.9M · Nov 2022
30032-bedAED 3.1M · Jan 2015
30041-bedAED 2.4M · Aug 2023
30051-bedAED 1.9M · Apr 2022
30062-bedAED 3.2M · May 2024
30071-bedAED 1.5M · Sep 2015
1–7 of 10

3011, The Residences at Marina Gate 2 in numbers

  • Sold once: by Select Global Development on 14 September 2015 for AED 1,884,000, or AED 2,276 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 14 September 2015.

Questions about 3011, The Residences at Marina Gate 2

What did unit 3011 last sell for?

AED 1,884,000 on 14 September 2015, sold by the developer: AED 2,276 per sqft for 828 sqft. It is the only registered sale of the unit.

How big is unit 3011?

828 sqft (76.9 sqm): a one-bedroom apartment on the 30th floor of a 64-storey tower completed in 2019.

What is unit 3011 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 3011, The Residences at Marina Gate 2

Starts from the last sale price (AED 1.88M, 14 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,884,000
Deposit, UAE resident (20%)
AED 376,800
Deposit, non-resident (40%)
AED 753,600
Monthly over 25 years at 3.7%
AED 7,708

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