1-bed · 770 sqftThe Residences at Marina Gate 2, Dubai Marina · 36th floor · completed 2019

3603, The Residences at Marina Gate 2

Sold prices and rental history: sold twice, last in December 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3603 · DLD and Ejari recordsUpdated 4 February 2025
Last soldAED 2.25M21 December 2022
Current rentAED 180K /yr4 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3603, The Residences at Marina Gate 2

What is 3603 worth today?

Last sold for AED 2,250,000 in 2022

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4 Feb 2025RentedNew contract
AED 180,000/yr12 months · AED 234 per sqft
21 Dec 2022SoldReady
AED 2,250,000AED 2,921 per sqft
21 Oct 2022RentedRenewal
AED 104,000/yr12 months · AED 134 per sqft
21 Oct 2021RentedRenewal
AED 99,000/yr12 months · AED 128 per sqft
21 Oct 2020RentedRenewal
AED 90,000/yr12 months · AED 116 per sqft
21 Oct 2019RentedNew contract
AED 105,000/yr12 months · AED 135 per sqft
15 Feb 2015Sold by developerOff-plan
AED 1,918,620AED 2,491 per sqft

Source: Dubai Land Department. Updated 4 February 2025.

Key facts

Type
1-bed apartment
Size
770 sqft
Floor
36th of 64
Parking
L5-74
Developer
Select Global Development
Completed
2019
Service charge
AED 13,100 /yr
Last sold
AED 2.25M · December 2022

About 3603, The Residences at Marina Gate 2

3603 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 21 December 2022 for AED 2,250,000, or AED 2,921 per sqft, 28% above the AED 2,289 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 4 February 2025, is AED 180,000 a year: a gross yield of 8.0% on the 2022 price, before the service charge of about AED 13,100 a year.

Sales and rents for 3603 over time

Sales
Unit 3603, 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, February 2015: AED 1,918,620 (AED 2,491 per sqft)Sold, December 2022: AED 2,250,000 (AED 2,921 per sqft)

3603 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3603, each contractTypical one-bed in The Residences at Marina Gate 2
100K150K20192021202320252027Typical 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, October 2019: AED 105,000 a yearRenewal, October 2020: AED 90,000 a yearRenewal, October 2021: AED 99,000 a yearRenewal, October 2022: AED 104,000 a yearNew contract, February 2025: AED 180,000 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 3603 sits

All 232 1-beds →

3603 last sold in December 2022 at AED 2,921 per sqft, 28% above what one-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,289). 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. 3603's AED 180,000 is at the top 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
36013-bedAED 1.65M · Nov 2020
36021-bedAED 1.7M · May 2018
36043-bedAED 2.2M · Mar 2022
36052-bedAED 2.54M · Apr 2015
36062-bedAED 1.88M · Aug 2019
36071-bedAED 2M · Jan 2025
36081-bedAED 1.85M · Aug 2024
1–7 of 9

3603, The Residences at Marina Gate 2 in numbers

  • Sold twice: first on 15 February 2015 for AED 1,918,620, last on 21 December 2022 for AED 2,250,000 (AED 2,921 per sqft).
  • Rented since October 2019 on 5 Ejari contracts. The rent fell from AED 105,000 to AED 90,000 in 2020 and recovered to AED 180,000 by February 2025.
  • At AED 180,000 a year the gross yield on the 2022 price is 8.0%, 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 4 February 2025.

Questions about 3603, The Residences at Marina Gate 2

What did unit 3603 last sell for?

AED 2,250,000 on 21 December 2022: AED 2,921 per sqft for 770 sqft. The unit has 2 registered sales; the first was AED 1,918,620 in February 2015.

What is the rent for unit 3603?

AED 180,000 a year on the contract signed on 4 February 2025. The previous contract, from October 2022, was AED 104,000; the unit has been rented since October 2019.

How big is unit 3603?

770 sqft (71.5 sqm): a one-bedroom apartment on the 36th floor of a 64-storey tower completed in 2019.

What is unit 3603 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 3603, The Residences at Marina Gate 2

Starts from the last sale price (AED 2.25M, 21 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

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