3407, The Residences at Marina Gate 2
Sold prices and rental history: sold once, by the developer in July 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3407, The Residences at Marina Gate 2
What is 3407 worth today?
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Source: Dubai Land Department. Updated 11 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 381 sqft
- Floor
- 34th of 64
- Parking
- L5-65
- Developer
- Select Global Development
- Completed
- 2019
- Service charge
- AED 6,500 /yr
- Last sold
- AED 1.45M · July 2016
- Building
- The Residences at Marina Gate 2
About 3407, The Residences at Marina Gate 2
3407 is a one-bedroom apartment of 381 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 31 July 2016 for AED 1,450,000, or AED 1,900 per sqft, 12% below the AED 2,165 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 11 September 2026, is AED 119,358 a year: a gross yield of 8.2% on the 2016 price, before the service charge of about AED 6,500 a year.
Sales and rents for 3407 over time
3407 has sold once; the dashed line is the one-bed median of each year in the building.
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 3407 sits
All 232 1-beds →3407 last sold in July 2016 at AED 1,900 per sqft, 12% below what one-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,165). 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. 3407's AED 119,358 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Aug 20263 August 2026 | 763 sqft | 1,750,000 | 2,293 | ||
| 31 Jul 202631 July 2026 | 845 sqft | 2,500,000 | 2,959 | ||
| 27 Jul 202627 July 2026 | 618 sqft | 1,650,000 | 2,670 | ||
| 27 Jul 202627 July 2026 | 763 sqft | 35,464 | 46 |
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 34th floor
All 511 units in The Residences at Marina Gate 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3401 | 2-bed | 1,310 sqft | AED 3.16MAED 3,162,000 · Jan 2015January 2015 | 199,500 /yr | |
| 3402 | 3-bed | 1,634 sqft | AED 3.79MAED 3,786,000 · Apr 2015April 2015 | 318,232 /yr | |
| 3403 | 2-bed | 1,312 sqft | AED 4.4MAED 4,400,000 · Feb 2025February 2025 | 210,000 /yr | |
| 3404 | 1-bed | 827 sqft | AED 2.13MAED 2,130,000 · Apr 2022April 2022 | 120,000 /yr | |
| 3405 | 1-bed | 830 sqft | AED 1.74MAED 1,735,000 · Oct 2017October 2017 | 145,000 /yr | |
| 3406 | 2-bed | 1,231 sqft | AED 1.88MAED 1,882,500 · Aug 2019August 2019 | 121,000 /yr | |
| 3408 | 1-bed | 763 sqft | AED 1.47MAED 1,470,300 · Jul 2016July 2016 | 100,000 /yr | |
| 3409 | 2-bed | 1,231 sqft | AED 2.56MAED 2,558,000 · Jul 2018July 2018 | 189,000 /yr | |
| 3410 | 1-bed | 830 sqft | AED 1.8MAED 1,797,000 · Jul 2016July 2016 | 140,000 /yr | |
| 3411 | 1-bed | 828 sqft | AED 1.86MAED 1,861,000 · Jan 2015January 2015 | 50,000 /yr |
3407, The Residences at Marina Gate 2 in numbers
- Sold once: by Select Global Development on 31 July 2016 for AED 1,450,000, or AED 1,900 per sqft.
- Rented since January 2020 on 4 Ejari contracts, from AED 85,000 to AED 119,358 a year.
- At AED 119,358 a year the gross yield on the 2016 price is 8.2%, before a service charge of about AED 6,500 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 11 September 2026.
Questions about 3407, The Residences at Marina Gate 2
What did unit 3407 last sell for?
AED 1,450,000 on 31 July 2016, sold by the developer: AED 1,900 per sqft for 381 sqft. It is the only registered sale of the unit.
What is the rent for unit 3407?
AED 119,358 a year on the contract signed on 11 September 2026. The previous contract, from February 2026, was AED 130,000; the unit has been rented since January 2020.
How big is unit 3407?
381 sqft (35.4 sqm): a one-bedroom apartment on the 34th floor of a 64-storey tower completed in 2019.
What is unit 3407 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 3407, The Residences at Marina Gate 2
Starts from the last sale price (AED 1.45M, 31 July 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,450,000
- Deposit, UAE resident (20%)
- AED 290,000
- Deposit, non-resident (40%)
- AED 580,000
- Monthly over 25 years at 3.7%
- AED 5,932
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →