3203, The Residences at Marina Gate 2
Sold prices and rental history: sold twice, last in October 2020, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3203, The Residences at Marina Gate 2
What is 3203 worth today?
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Source: Dubai Land Department. Updated 23 May 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,312 sqft
- Floor
- 32nd of 64
- Parking
- L3-28
- Developer
- Select Global Development
- Completed
- 2019
- Service charge
- AED 22,300 /yr
- Last sold
- AED 2.15M · October 2020
- Building
- The Residences at Marina Gate 2
About 3203, The Residences at Marina Gate 2
3203 is a two-bedroom apartment of 1,312 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 27 October 2020 for AED 2,150,000, or AED 1,638 per sqft, 19% below the AED 2,028 two-beds in the building were fetching at the time.
It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 23 May 2021, is AED 175,000 a year: a gross yield of 8.1% on the 2020 price, before the service charge of about AED 22,300 a year.
Sales and rents for 3203 over time
3203 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in The Residences at Marina Gate 2, and where 3203 sits
All 178 2-beds →3203 last sold in October 2020 at AED 1,638 per sqft, 19% below what two-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,028). Over the last 12 months two-beds sold for AED 3,100,000 to 8,800,000, around AED 2,883 per sqft, and rent for AED 69,806 to 280,000 a year. 3203's AED 175,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Oct 20268 October 2026 | 1,231 sqft | 3,350,000 | 2,720 | ||
| 1 Oct 20261 October 2026 | 2,480 sqft | 8,800,000 | 3,548 | ||
| 7 Jul 20267 July 2026 | 1,229 sqft | 3,100,000 | 2,521 | ||
| 26 Jun 202626 June 2026 | 1,204 sqft | 3,100,000 | 2,575 |
The Residences at Marina Gate 2
Building511 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%
Other units on the 32nd floor
All 511 units in The Residences at Marina Gate 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3201 | 2-bed | 1,310 sqft | AED 4.15MAED 4,150,000 · Jun 2023June 2023 | 250,000 /yr | |
| 3202 | 3-bed | 1,634 sqft | AED 3.9MAED 3,900,000 · Jan 2022January 2022 | ||
| 3204 | 1-bed | 827 sqft | AED 1.3MAED 1,300,000 · Dec 2020December 2020 | 160,000 /yr | |
| 3205 | 1-bed | 830 sqft | AED 1.8MAED 1,797,000 · Mar 2017March 2017 | 125,000 /yr | |
| 3206 | 2-bed | 1,231 sqft | AED 1.88MAED 1,882,500 · Aug 2019August 2019 | 160,000 /yr | |
| 3207 | 1-bed | 763 sqft | AED 2MAED 2,000,000 · Feb 2025February 2025 | 100,000 /yr | |
| 3208 | 1-bed | 763 sqft | AED 2MAED 2,000,000 · May 2025May 2025 | 119,008 /yr | |
| 3209 | 2-bed | 1,231 sqft | AED 2.58MAED 2,582,000 · Feb 2018February 2018 | 195,000 /yr | |
| 3210 | 1-bed | 830 sqft | AED 1.95MAED 1,950,000 · May 2022May 2022 | 157,000 /yr | |
| 3211 | 1-bed | 828 sqft | AED 2.75MAED 2,750,000 · Jul 2025July 2025 | 130,000 /yr |
3203, The Residences at Marina Gate 2 in numbers
- Sold twice: first on 15 February 2015 for AED 3,095,000, last on 27 October 2020 for AED 2,150,000 (AED 1,638 per sqft).
- Rented since November 2019 on 3 Ejari contracts, from AED 145,000 to AED 175,000 a year.
- At AED 175,000 a year the gross yield on the 2020 price is 8.1%, before a service charge of about AED 22,300 a year (AED 17.00 per sqft).
- Two-beds in The Residences at Marina Gate 2 sold for AED 3,100,000–8,800,000 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 23 May 2021.
Questions about 3203, The Residences at Marina Gate 2
What did unit 3203 last sell for?
AED 2,150,000 on 27 October 2020: AED 1,638 per sqft for 1,312 sqft. The unit has 2 registered sales; the first was AED 3,095,000 in February 2015.
What is the rent for unit 3203?
AED 175,000 a year on the contract signed on 23 May 2021. The previous contract, from November 2020, was AED 140,000; the unit has been rented since November 2019.
How big is unit 3203?
1,312 sqft (121.9 sqm): a two-bedroom apartment on the 32nd floor of a 64-storey tower completed in 2019.
What is unit 3203 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Residences at Marina Gate 2 sold for AED 3,100,000 to 8,800,000 in the last 12 months, around AED 2,883 per sqft.
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Mortgage on 3203, The Residences at Marina Gate 2
Starts from the last sale price (AED 2.15M, 27 October 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 2,150,000
- Deposit, UAE resident (20%)
- AED 430,000
- Deposit, non-resident (40%)
- AED 860,000
- Monthly over 25 years at 3.7%
- AED 8,796
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →