2-bed · 1,229 sqftThe Residences at Marina Gate 2, Dubai Marina · 37th floor · completed 2019

3706, The Residences at Marina Gate 2

Sold prices and rental history: sold twice, last in August 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3706 · DLD and Ejari recordsUpdated 14 August 2024
Last soldAED 3.4M14 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3706, The Residences at Marina Gate 2

What is 3706 worth today?

Last sold for AED 3,400,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

14 Aug 2024SoldReady
AED 3,400,000AED 2,765 per sqft
26 Nov 2019Sold by developerReady
AED 2,490,000AED 2,025 per sqft

Source: Dubai Land Department. Updated 14 August 2024.

Key facts

Type
2-bed apartment
Size
1,229 sqft
Floor
37th of 64
Parking
L1-68
Developer
Select Global Development
Completed
2019
Service charge
AED 20,900 /yr
Last sold
AED 3.4M · August 2024

About 3706, The Residences at Marina Gate 2

3706 is a two-bedroom apartment of 1,229 sqft on the 37th 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 14 August 2024 for AED 3,400,000, or AED 2,765 per sqft, in line with the AED 2,743 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3706 over time

Sales
Unit 3706, each saleTypical two-bed in The Residences at Marina Gate 2
3M20152018202120242027Typical sale price by year: 2015 AED 2,640,330; 2016 AED 2,535,600; 2017 AED 2,521,000; 2018 AED 2,530,000; 2019 AED 2,417,000; 2020 AED 2,490,000; 2021 AED 2,332,483; 2022 AED 3,000,000; 2023 AED 3,120,000; 2024 AED 3,387,500; 2025 AED 3,437,500; 2026 AED 3,550,000Sold by developer, November 2019: AED 2,490,000 (AED 2,025 per sqft)Sold, August 2024: AED 3,400,000 (AED 2,765 per sqft)

3706 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3706, each contractTypical two-bed in The Residences at Marina Gate 2
150K200K20192021202320252027Typical rent by year: 2019 AED 135,000; 2020 AED 125,000; 2021 AED 130,000; 2022 AED 146,750; 2023 AED 180,000; 2024 AED 200,000; 2025 AED 200,000; 2026 AED 195,000

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in The Residences at Marina Gate 2, and where 3706 sits

All 178 2-beds →

3706 last sold in August 2024 at AED 2,765 per sqft, in line with what two-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,743). Over the last 12 months two-beds sold for AED 3,100,000 to 8,800,000, around AED 2,883 per sqft, and rent for AED 69,806 to 280,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
8 Oct 20263,350,000
1 Oct 20268,800,000
7 Jul 20263,100,000
26 Jun 20263,100,000
9 2-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
37013-bedAED 6.45M · Nov 2024
37021-bedAED 3M · Oct 2025
37031-bedAED 1.95M · Oct 2021
37043-bedAED 6.98M · Jan 2024
37052-bedAED 2.54M · Apr 2015
37071-bedAED 2.25M · Jul 2024
37081-bedAED 2.37M · Apr 2025
1–7 of 9

3706, The Residences at Marina Gate 2 in numbers

  • Sold twice: first on 26 November 2019 for AED 2,490,000, last on 14 August 2024 for AED 3,400,000 (AED 2,765 per sqft).
  • Two-beds in The Residences at Marina Gate 2 sold for AED 3,100,000–8,800,000 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 14 August 2024.

Questions about 3706, The Residences at Marina Gate 2

What did unit 3706 last sell for?

AED 3,400,000 on 14 August 2024: AED 2,765 per sqft for 1,229 sqft. The unit has 2 registered sales; the first was AED 2,490,000 in November 2019.

How big is unit 3706?

1,229 sqft (114.2 sqm): a two-bedroom apartment on the 37th floor of a 64-storey tower completed in 2019.

What is unit 3706 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Residences at Marina Gate 2 sold for AED 3,100,000 to 8,800,000 in the last 12 months, around AED 2,883 per sqft.

Selling 3706? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 3706, The Residences at Marina Gate 2

Starts from the last sale price (AED 3.4M, 14 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,400,000
Deposit, UAE resident (20%)
AED 680,000
Deposit, non-resident (40%)
AED 1,360,000
Monthly over 25 years at 3.7%
AED 13,910

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