3602, The Residences at Marina Gate 2
Sold prices and rental history: sold twice, last in May 2018, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3602, The Residences at Marina Gate 2
What is 3602 worth today?
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Source: Dubai Land Department. Updated 6 June 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 770 sqft
- Floor
- 36th of 64
- Parking
- L5-73
- Developer
- Select Global Development
- Completed
- 2019
- Service charge
- AED 13,100 /yr
- Last sold
- AED 1.7M · May 2018
- Building
- The Residences at Marina Gate 2
About 3602, The Residences at Marina Gate 2
3602 is a one-bedroom apartment of 770 sqft on the 36th 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 16 May 2018 for AED 1,700,000, or AED 2,206 per sqft, 6% above the AED 2,090 one-beds in the building were fetching at the time.
It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 6 June 2022, is AED 147,500 a year: a gross yield of 8.7% on the 2018 price, before the service charge of about AED 13,100 a year.
Sales and rents for 3602 over time
3602 has sold twice; 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 3602 sits
All 232 1-beds →3602 last sold in May 2018 at AED 2,206 per sqft, 6% above what one-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,090). 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. 3602's AED 147,500 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 36th floor
All 511 units in The Residences at Marina Gate 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3601 | 3-bed | 1,810 sqft | AED 1.65MAED 1,650,000 · Nov 2020November 2020 | 175,000 /yr | |
| 3603 | 1-bed | 770 sqft | AED 2.25MAED 2,250,000 · Dec 2022December 2022 | 180,000 /yr | |
| 3604 | 3-bed | 1,204 sqft | AED 2.2MAED 2,200,000 · Mar 2022March 2022 | ||
| 3605 | 2-bed | 1,207 sqft | AED 2.54MAED 2,544,000 · Apr 2015April 2015 | 120,000 /yr | |
| 3606 | 2-bed | 1,229 sqft | AED 1.88MAED 1,882,500 · Aug 2019August 2019 | 145,200 /yr | |
| 3607 | 1-bed | 763 sqft | AED 2MAED 2,000,000 · Jan 2025January 2025 | 131,000 /yr | |
| 3608 | 1-bed | 762 sqft | AED 1.85MAED 1,850,000 · Aug 2024August 2024 | 115,000 /yr | |
| 3609 | 2-bed | 1,231 sqft | AED 2.44MAED 2,435,000 · Feb 2019February 2019 | 200,000 /yr | |
| 3610 | 2-bed | 1,210 sqft | AED 2.61MAED 2,607,660 · Feb 2015February 2015 | 189,278 /yr |
3602, The Residences at Marina Gate 2 in numbers
- Sold twice: first on 28 January 2015 for AED 1,887,670, last on 16 May 2018 for AED 1,700,000 (AED 2,206 per sqft).
- Rented since June 2021 on 2 Ejari contracts, at AED 147,500 a year.
- At AED 147,500 a year the gross yield on the 2018 price is 8.7%, before a service charge of about AED 13,100 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 6 June 2022.
Questions about 3602, The Residences at Marina Gate 2
What did unit 3602 last sell for?
AED 1,700,000 on 16 May 2018: AED 2,206 per sqft for 770 sqft. The unit has 2 registered sales; the first was AED 1,887,670 in January 2015.
What is the rent for unit 3602?
AED 147,500 a year on the contract renewed on 6 June 2022. The previous contract, from June 2021, was AED 147,500.
How big is unit 3602?
770 sqft (71.5 sqm): a one-bedroom apartment on the 36th floor of a 64-storey tower completed in 2019.
What is unit 3602 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 3602, The Residences at Marina Gate 2
Starts from the last sale price (AED 1.7M, 16 May 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,700,000
- Deposit, UAE resident (20%)
- AED 340,000
- Deposit, non-resident (40%)
- AED 680,000
- Monthly over 25 years at 3.7%
- AED 6,955
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →