2-bed · 1,210 sqftThe Residences at Marina Gate 2, Dubai Marina · 37th floor · completed 2019

3710, The Residences at Marina Gate 2

Sold prices and rental history: sold twice, last in March 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3710 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 3.19M20 March 2023
Current rentAED 185K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3710, The Residences at Marina Gate 2

What is 3710 worth today?

Last sold for AED 3,190,000 in 2023

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1 Nov 2024RentedNew contract
AED 185,000/yr12 months · AED 153 per sqft
1 Nov 2024RentedNew contract
AED 185,000/yr12 months · AED 153 per sqft
20 Mar 2023SoldReady
AED 3,190,000AED 2,635 per sqft
1 Nov 2022RentedNew contract
AED 180,000/yr12 months · AED 149 per sqft
6 Dec 2021RentedRenewal
AED 137,500/yr12 months · AED 114 per sqft
6 Dec 2020RentedNew contract
AED 125,000/yr12 months · AED 104 per sqft
1 Dec 2019RentedNew contract
AED 123,000/yr12 months · AED 102 per sqft
15 Feb 2015Sold by developerOff-plan
AED 2,607,660AED 2,154 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
2-bed apartment
Size
1,210 sqft
Floor
37th of 64
Parking
L3-51
Developer
Select Global Development
Completed
2019
Service charge
AED 20,600 /yr
Last sold
AED 3.19M · March 2023

About 3710, The Residences at Marina Gate 2

3710 is a two-bedroom apartment of 1,210 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 20 March 2023 for AED 3,190,000, or AED 2,635 per sqft, 8% above the AED 2,435 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 1 November 2024, is AED 185,000 a year: a gross yield of 5.8% on the 2023 price, before the service charge of about AED 20,600 a year.

Sales and rents for 3710 over time

Sales
Unit 3710, 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, February 2015: AED 2,607,660 (AED 2,154 per sqft)Sold, March 2023: AED 3,190,000 (AED 2,635 per sqft)

3710 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3710, 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 195,000New contract, December 2019: AED 123,000 a yearNew contract, December 2020: AED 125,000 a yearRenewal, December 2021: AED 137,500 a yearNew contract, November 2022: AED 180,000 a yearNew contract, November 2024: AED 185,000 a yearNew contract, November 2024: AED 185,000 a year

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 3710 sits

All 178 2-beds →

3710 last sold in March 2023 at AED 2,635 per sqft, 8% above what two-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,435). 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. 3710's AED 185,000 is in the upper half of that range.

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
37062-bedAED 3.4M · Aug 2024
37071-bedAED 2.25M · Jul 2024
1–7 of 9

3710, The Residences at Marina Gate 2 in numbers

  • Sold twice: first on 15 February 2015 for AED 2,607,660, last on 20 March 2023 for AED 3,190,000 (AED 2,635 per sqft).
  • Rented since December 2019 on 6 Ejari contracts, from AED 123,000 to AED 185,000 a year.
  • At AED 185,000 a year the gross yield on the 2023 price is 5.8%, before a service charge of about AED 20,600 a year (AED 17.00 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 1 November 2024.

Questions about 3710, The Residences at Marina Gate 2

What did unit 3710 last sell for?

AED 3,190,000 on 20 March 2023: AED 2,635 per sqft for 1,210 sqft. The unit has 2 registered sales; the first was AED 2,607,660 in February 2015.

What is the rent for unit 3710?

AED 185,000 a year on the contract signed on 1 November 2024. The previous contract, from November 2024, was AED 185,000; the unit has been rented since December 2019.

How big is unit 3710?

1,210 sqft (112.4 sqm): a two-bedroom apartment on the 37th floor of a 64-storey tower completed in 2019.

What is unit 3710 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.

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Mortgage on 3710, The Residences at Marina Gate 2

Starts from the last sale price (AED 3.19M, 20 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,190,000
Deposit, UAE resident (20%)
AED 638,000
Deposit, non-resident (40%)
AED 1,276,000
Monthly over 25 years at 3.7%
AED 13,051

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