1-bed · 830 sqftThe Residences at Marina Gate 2, Dubai Marina · 33rd floor · completed 2019

3310, The Residences at Marina Gate 2

Sold prices and rental history: sold twice, last in March 2023, and rented once, from September 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3310 · DLD and Ejari recordsUpdated 29 March 2023
Last soldAED 2.2M29 March 2023
Current rentAED 93K /yr20 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3310, The Residences at Marina Gate 2

What is 3310 worth today?

Last sold for AED 2,200,000 in 2023

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29 Mar 2023SoldReady
AED 2,200,000AED 2,651 per sqft
20 Sep 2019RentedNew contract
AED 93,000/yr12 months · AED 112 per sqft
11 Apr 2016Sold by developerOff-plan
AED 1,832,600AED 2,208 per sqft

Source: Dubai Land Department. Updated 29 March 2023.

Key facts

Type
1-bed apartment
Size
830 sqft
Floor
33rd of 64
Parking
L5-61
Developer
Select Global Development
Completed
2019
Service charge
AED 14,100 /yr
Last sold
AED 2.2M · March 2023

About 3310, The Residences at Marina Gate 2

3310 is a one-bedroom apartment of 830 sqft on the 33rd 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 29 March 2023 for AED 2,200,000, or AED 2,651 per sqft, 13% above the AED 2,350 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 September 2019. The current contract, signed on 20 September 2019, is AED 93,000 a year: a gross yield of 4.2% on the 2023 price, before the service charge of about AED 14,100 a year.

Sales and rents for 3310 over time

Sales
Unit 3310, 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 1,832,600 (AED 2,208 per sqft)Sold, March 2023: AED 2,200,000 (AED 2,651 per sqft)

3310 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3310, 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 120,750New contract, September 2019: AED 93,000 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 3310 sits

All 232 1-beds →

3310 last sold in March 2023 at AED 2,651 per sqft, 13% above what one-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,350). 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 180,000 a year. 3310's AED 93,000 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
33012-bedAED 3.3M · Nov 2022
33023-bedAED 3.79M · Apr 2015
33032-bedAED 3.1M · Apr 2015
33041-bedAED 1.79M · May 2015
33051-bedAED 1.8M · Jul 2017
33062-bedAED 2.85M · Oct 2022
33071-bedAED 1.48M · Oct 2016
1–7 of 10

3310, The Residences at Marina Gate 2 in numbers

  • Sold twice: first on 11 April 2016 for AED 1,832,600, last on 29 March 2023 for AED 2,200,000 (AED 2,651 per sqft).
  • Rented since September 2019 on one Ejari contract, at AED 93,000 a year.
  • At AED 93,000 a year the gross yield on the 2023 price is 4.2%, before a service charge of about AED 14,100 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 29 March 2023.

Questions about 3310, The Residences at Marina Gate 2

What did unit 3310 last sell for?

AED 2,200,000 on 29 March 2023: AED 2,651 per sqft for 830 sqft. The unit has 2 registered sales; the first was AED 1,832,600 in April 2016.

What is the rent for unit 3310?

AED 93,000 a year on the contract signed on 20 September 2019.

How big is unit 3310?

830 sqft (77.1 sqm): a one-bedroom apartment on the 33rd floor of a 64-storey tower completed in 2019.

What is unit 3310 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 3310, The Residences at Marina Gate 2

Starts from the last sale price (AED 2.2M, 29 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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