1-bed · 763 sqftThe Residences at Marina Gate 2, Dubai Marina · 31st floor · completed 2019

3107, The Residences at Marina Gate 2

Sold prices and rental history: sold twice, last in January 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3107 · DLD and Ejari recordsUpdated 26 January 2024
Last soldAED 1.9M26 January 2024
Current rentAED 80K /yr9 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3107, The Residences at Marina Gate 2

What is 3107 worth today?

Last sold for AED 1,900,000 in 2024

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26 Jan 2024SoldReady
AED 1,900,000AED 2,490 per sqft
9 Jul 2023RentedNew contract
AED 80,314/yr11 months · AED 105 per sqft
9 Jul 2022RentedNew contract
AED 80,000/yr12 months · AED 105 per sqft
1 Sep 2020RentedNew contract
AED 65,000/yr12 months · AED 85 per sqft
13 Jul 2019RentedNew contract
AED 78,000/yr12 months · AED 102 per sqft
11 Apr 2016Sold by developerOff-plan
AED 1,477,840AED 1,937 per sqft

Source: Dubai Land Department. Updated 26 January 2024.

Key facts

Type
1-bed apartment
Size
763 sqft
Floor
31st of 64
Parking
L5-47
Developer
Select Global Development
Completed
2019
Service charge
AED 13,000 /yr
Last sold
AED 1.9M · January 2024

About 3107, The Residences at Marina Gate 2

3107 is a one-bedroom apartment of 763 sqft on the 31st 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 26 January 2024 for AED 1,900,000, or AED 2,490 per sqft, 6% below the AED 2,651 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 9 July 2023, is AED 80,314 a year: a gross yield of 4.2% on the 2024 price, before the service charge of about AED 13,000 a year.

Sales and rents for 3107 over time

Sales
Unit 3107, 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, April 2016: AED 1,477,840 (AED 1,937 per sqft)Sold, January 2024: AED 1,900,000 (AED 2,490 per sqft)

3107 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3107, each contractTypical one-bed in The Residences at Marina Gate 2
100K20192021202320252027Typical 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, July 2019: AED 78,000 a yearNew contract, September 2020: AED 65,000 a yearNew contract, July 2022: AED 80,000 a yearNew contract, July 2023: AED 80,314 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 3107 sits

All 232 1-beds →

3107 last sold in January 2024 at AED 2,490 per sqft, 6% below what one-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,651). 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. 3107's AED 80,314 is in the lower 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
31012-bedAED 3.09M · Apr 2015
31023-bedAED 5.7M · Dec 2025
31032-bedAED 3.1M · Feb 2015
31041-bedAED 1.76M · Aug 2015
31051-bedAED 1.79M · Aug 2015
31062-bedAED 1.76M · Feb 2021
31081-bedAED 875K · Jun 2020
1–7 of 10

3107, The Residences at Marina Gate 2 in numbers

  • Sold twice: first on 11 April 2016 for AED 1,477,840, last on 26 January 2024 for AED 1,900,000 (AED 2,490 per sqft).
  • Rented since July 2019 on 4 Ejari contracts. The rent fell from AED 78,000 to AED 65,000 in 2020 and recovered to AED 80,314 by July 2023.
  • At AED 80,314 a year the gross yield on the 2024 price is 4.2%, before a service charge of about AED 13,000 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 26 January 2024.

Questions about 3107, The Residences at Marina Gate 2

What did unit 3107 last sell for?

AED 1,900,000 on 26 January 2024: AED 2,490 per sqft for 763 sqft. The unit has 2 registered sales; the first was AED 1,477,840 in April 2016.

What is the rent for unit 3107?

AED 80,314 a year on the contract signed on 9 July 2023. The previous contract, from July 2022, was AED 80,000; the unit has been rented since July 2019.

How big is unit 3107?

763 sqft (70.9 sqm): a one-bedroom apartment on the 31st floor of a 64-storey tower completed in 2019.

What is unit 3107 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 3107, The Residences at Marina Gate 2

Starts from the last sale price (AED 1.9M, 26 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

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