3-bed · 1,634 sqftThe Residences at Marina Gate 2, Dubai Marina · 32nd floor · completed 2019

3202, The Residences at Marina Gate 2

Sold prices and rental history: sold twice, last in January 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3202 · DLD and Ejari recordsUpdated 4 January 2022
Last soldAED 3.9M4 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3202, The Residences at Marina Gate 2

What is 3202 worth today?

Last sold for AED 3,900,000 in 2022

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4 Jan 2022SoldReady
AED 3,900,000AED 2,387 per sqft
18 Feb 2015Sold by developerOff-plan
AED 3,786,000AED 2,317 per sqft

Source: Dubai Land Department. Updated 4 January 2022.

Key facts

Type
3-bed apartment
Size
1,634 sqft
Floor
32nd of 64
Parking
L4-36, L4-36T
Developer
Select Global Development
Completed
2019
Service charge
AED 27,800 /yr
Last sold
AED 3.9M · January 2022

About 3202, The Residences at Marina Gate 2

3202 is a three-bedroom apartment of 1,634 sqft on the 32nd 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 4 January 2022 for AED 3,900,000, or AED 2,387 per sqft, 15% above the AED 2,071 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3202 over time

Sales
Unit 3202, each saleTypical three-bed in The Residences at Marina Gate 2
4M6M2015201820212024Typical sale price by year: 2015 AED 4,044,460; 2016 AED 4,060,000; 2017 AED 4,072,500; 2018 AED 4,024,000; 2019 AED 3,477,500; 2020 AED 2,929,150; 2021 AED 3,672,000; 2022 AED 4,350,000; 2023 AED 5,500,000; 2024 AED 6,000,000; 2025 AED 6,550,000Sold by developer, February 2015: AED 3,786,000 (AED 2,317 per sqft)Sold, January 2022: AED 3,900,000 (AED 2,387 per sqft)

3202 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3202, each contractTypical three-bed in The Residences at Marina Gate 2
200K300K20192021202320252027Typical rent by year: 2019 AED 200,000; 2020 AED 190,000; 2021 AED 215,000; 2022 AED 250,000; 2023 AED 310,000; 2024 AED 320,000; 2025 AED 330,000; 2026 AED 309,163

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 3202 sits

All 96 3-beds →

3202 last sold in January 2022 at AED 2,387 per sqft, 15% above what three-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,071). 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.

Recent 3-bed salesUnit no.Price (AED)Summary
10 Aug 20264,990,000
25 Feb 20265,650,000
19 Dec 20257,100,000
16 Dec 20257,575,000
5 3-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
32012-bedAED 4.15M · Jun 2023
32032-bedAED 2.15M · Oct 2020
32041-bedAED 1.3M · Dec 2020
32051-bedAED 1.8M · Mar 2017
32062-bedAED 1.88M · Aug 2019
32071-bedAED 2M · Feb 2025
32081-bedAED 2M · May 2025
1–7 of 10

3202, The Residences at Marina Gate 2 in numbers

  • Sold twice: first on 18 February 2015 for AED 3,786,000, last on 4 January 2022 for AED 3,900,000 (AED 2,387 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 4 January 2022.

Questions about 3202, The Residences at Marina Gate 2

What did unit 3202 last sell for?

AED 3,900,000 on 4 January 2022: AED 2,387 per sqft for 1,634 sqft. The unit has 2 registered sales; the first was AED 3,786,000 in February 2015.

How big is unit 3202?

1,634 sqft (151.8 sqm): a three-bedroom apartment on the 32nd floor of a 64-storey tower completed in 2019.

What is unit 3202 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 3202, The Residences at Marina Gate 2

Starts from the last sale price (AED 3.9M, 4 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,900,000
Deposit, UAE resident (20%)
AED 780,000
Deposit, non-resident (40%)
AED 1,560,000
Monthly over 25 years at 3.7%
AED 15,956

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