3-bed · 1,810 sqftThe Residences at Marina Gate 2, Dubai Marina · 38th floor · completed 2019

3801, The Residences at Marina Gate 2

Sold prices and rental history: sold 3 times, last in March 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3801 · DLD and Ejari recordsUpdated 18 March 2024
Last soldAED 5.55M18 March 2024
Current rentAED 380K /yr18 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3801, The Residences at Marina Gate 2

What is 3801 worth today?

Last sold for AED 5,550,000 in 2024

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18 Mar 2024SoldReady
AED 5,550,000AED 3,066 per sqft
18 Jan 2023RentedNew contract
AED 380,000/yr12 months · AED 210 per sqft
25 Nov 2022SoldReady
AED 4,200,000AED 2,320 per sqft
2 Mar 2022RentedNew contract
AED 250,000/yr12 months · AED 138 per sqft
15 Feb 2020RentedNew contract
AED 165,000/yr12 months · AED 91 per sqft
15 Feb 2015Sold by developerOff-plan
AED 4,127,000AED 2,280 per sqft

Source: Dubai Land Department. Updated 18 March 2024.

Key facts

Type
3-bed apartment
Size
1,810 sqft
Floor
38th of 64
Parking
L3-39, L3-39T
Developer
Select Global Development
Completed
2019
Service charge
AED 30,800 /yr
Last sold
AED 5.55M · March 2024

About 3801, The Residences at Marina Gate 2

3801 is a three-bedroom apartment of 1,810 sqft on the 38th 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 18 March 2024 for AED 5,550,000, or AED 3,066 per sqft, in line with the AED 2,983 three-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 18 January 2023, is AED 380,000 a year: a gross yield of 6.9% on the 2024 price, before the service charge of about AED 30,800 a year.

Sales and rents for 3801 over time

Sales
Unit 3801, each saleTypical three-bed in The Residences at Marina Gate 2
4M6M2015201820212024Typical sale price by year: 2015 AED 4,044,460; 2016 AED 4,060,000; 2017 AED 4,072,500; 2018 AED 4,024,000; 2019 AED 3,477,500; 2020 AED 2,929,150; 2021 AED 3,672,000; 2022 AED 4,350,000; 2023 AED 5,500,000; 2024 AED 6,000,000; 2025 AED 6,550,000Sold by developer, February 2015: AED 4,127,000 (AED 2,280 per sqft)Sold, November 2022: AED 4,200,000 (AED 2,320 per sqft)Sold, March 2024: AED 5,550,000 (AED 3,066 per sqft)

3801 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3801, each contractTypical three-bed in The Residences at Marina Gate 2
200K300K400K20192021202320252027Typical rent by year: 2019 AED 200,000; 2020 AED 190,000; 2021 AED 215,000; 2022 AED 250,000; 2023 AED 310,000; 2024 AED 320,000; 2025 AED 330,000; 2026 AED 308,326New contract, February 2020: AED 165,000 a yearNew contract, March 2022: AED 250,000 a yearNew contract, January 2023: AED 380,000 a year

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

3-beds in The Residences at Marina Gate 2, and where 3801 sits

All 96 3-beds →

3801 last sold in March 2024 at AED 3,066 per sqft, in line with what three-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,983). Over the last 12 months three-beds sold for AED 4,990,000 to 7,575,000, around AED 3,452 per sqft, and rent for AED 155,000 to 425,000 a year. 3801's AED 380,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
10 Aug 20264,990,000
25 Feb 20265,650,000
19 Dec 20257,100,000
16 Dec 20257,575,000
5 3-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
38021-bedAED 2.75M · Apr 2023
38031-bedAED 2.05M · Nov 2021
38043-bedAED 6.75M · Apr 2025
38052-bedAED 3.65M · Apr 2026
38062-bedAED 1.88M · Sep 2019
38071-bedAED 1.54M · May 2022
38081-bedAED 2M · Mar 2023
1–7 of 9

3801, The Residences at Marina Gate 2 in numbers

  • Sold 3 times: first on 15 February 2015 for AED 4,127,000, last on 18 March 2024 for AED 5,550,000 (AED 3,066 per sqft).
  • Rented since February 2020 on 3 Ejari contracts, from AED 165,000 to AED 380,000 a year.
  • At AED 380,000 a year the gross yield on the 2024 price is 6.9%, before a service charge of about AED 30,800 a year (AED 17.00 per sqft).
  • Three-beds in The Residences at Marina Gate 2 sold for AED 4,990,000–7,575,000 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 18 March 2024.

Questions about 3801, The Residences at Marina Gate 2

What did unit 3801 last sell for?

AED 5,550,000 on 18 March 2024: AED 3,066 per sqft for 1,810 sqft. The unit has 3 registered sales; the first was AED 4,127,000 in February 2015.

What is the rent for unit 3801?

AED 380,000 a year on the contract signed on 18 January 2023. The previous contract, from March 2022, was AED 250,000; the unit has been rented since February 2020.

How big is unit 3801?

1,810 sqft (168.2 sqm): a three-bedroom apartment on the 38th floor of a 64-storey tower completed in 2019.

What is unit 3801 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Residences at Marina Gate 2 sold for AED 4,990,000 to 7,575,000 in the last 12 months, around AED 3,452 per sqft.

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Mortgage on 3801, The Residences at Marina Gate 2

Starts from the last sale price (AED 5.55M, 18 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,550,000
Deposit, UAE resident (20%)
AED 1,110,000
Deposit, non-resident (40%)
AED 2,220,000
Monthly over 25 years at 3.7%
AED 22,707

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