3-bed · 1,634 sqftThe Residences at Marina Gate 2, Dubai Marina · 34th floor · completed 2019

3402, The Residences at Marina Gate 2

Sold prices and rental history: sold once, by the developer in April 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3402 · DLD and Ejari recordsUpdated 31 March 2025
Last soldAED 3.79M16 April 2015
Current rentAED 318K /yr31 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3402, The Residences at Marina Gate 2

What is 3402 worth today?

Last sold for AED 3,786,000 in 2015

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31 Mar 2025RentedNew contract
AED 318,232/yr12 months · AED 196 per sqft
1 Apr 2024RentedNew contract
AED 310,000/yr12 months · AED 191 per sqft
1 Apr 2024RentedNew contract
AED 310,000/yr12 months · AED 191 per sqft
1 Apr 2023RentedRenewal
AED 290,000/yr12 months · AED 177 per sqft
1 Apr 2023RentedNew contract
AED 290,000/yr12 months · AED 177 per sqft
1 Apr 2022RentedNew contract
AED 250,000/yr12 months · AED 153 per sqft
16 Jan 2021RentedNew contract
AED 185,000/yr12 months · AED 113 per sqft
15 Dec 2019RentedNew contract
AED 185,000/yr12 months · AED 113 per sqft

Source: Dubai Land Department. Updated 31 March 2025.

Key facts

Type
3-bed apartment
Size
1,634 sqft
Floor
34th of 64
Parking
L4-39, L4-39T
Developer
Select Global Development
Completed
2019
Service charge
AED 27,800 /yr
Last sold
AED 3.79M · April 2015

About 3402, The Residences at Marina Gate 2

3402 is a three-bedroom apartment of 1,634 sqft on the 34th 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 16 April 2015 for AED 3,786,000, or AED 2,317 per sqft, 7% above the AED 2,162 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 31 March 2025, is AED 318,232 a year: a gross yield of 8.4% on the 2015 price, before the service charge of about AED 27,800 a year.

Sales and rents for 3402 over time

Sales
Unit 3402, 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, April 2015: AED 3,786,000 (AED 2,317 per sqft)

3402 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3402, 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 309,163New contract, December 2019: AED 185,000 a yearNew contract, January 2021: AED 185,000 a yearNew contract, April 2022: AED 250,000 a yearRenewal, April 2023: AED 290,000 a yearNew contract, April 2023: AED 290,000 a yearNew contract, April 2024: AED 310,000 a yearNew contract, April 2024: AED 310,000 a yearNew contract, March 2025: AED 318,232 a year

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 3402 sits

All 96 3-beds →

3402 last sold in April 2015 at AED 2,317 per sqft, 7% above what three-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,162). 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. 3402's AED 318,232 is in the upper half of that range.

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
34012-bedAED 3.16M · Jan 2015
34032-bedAED 4.4M · Feb 2025
34041-bedAED 2.13M · Apr 2022
34051-bedAED 1.74M · Oct 2017
34062-bedAED 1.88M · Aug 2019
34071-bedAED 1.45M · Jul 2016
34081-bedAED 1.47M · Jul 2016
1–7 of 10

3402, The Residences at Marina Gate 2 in numbers

  • Sold once: by Select Global Development on 16 April 2015 for AED 3,786,000, or AED 2,317 per sqft.
  • Rented since December 2019 on 8 Ejari contracts, from AED 185,000 to AED 318,232 a year.
  • At AED 318,232 a year the gross yield on the 2015 price is 8.4%, before a service charge of about AED 27,800 a year (AED 17.00 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 31 March 2025.

Questions about 3402, The Residences at Marina Gate 2

What did unit 3402 last sell for?

AED 3,786,000 on 16 April 2015, sold by the developer: AED 2,317 per sqft for 1,634 sqft. It is the only registered sale of the unit.

What is the rent for unit 3402?

AED 318,232 a year on the contract signed on 31 March 2025. The previous contract, from April 2024, was AED 310,000; the unit has been rented since December 2019.

How big is unit 3402?

1,634 sqft (151.8 sqm): a three-bedroom apartment on the 34th floor of a 64-storey tower completed in 2019.

What is unit 3402 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 3402, The Residences at Marina Gate 2

Starts from the last sale price (AED 3.79M, 16 April 2015). Switch to today's estimate once you have unlocked it.
Price
AED 3,786,000
Deposit, UAE resident (20%)
AED 757,200
Deposit, non-resident (40%)
AED 1,514,400
Monthly over 25 years at 3.7%
AED 15,490

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