1-bed · 770 sqftThe Residences at Marina Gate 2, Dubai Marina · 38th floor · completed 2019

3802, The Residences at Marina Gate 2

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

Unit 3802 · DLD and Ejari recordsUpdated 28 April 2023
Last soldAED 2.75M28 April 2023
Current rentAED 92K /yr6 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3802, The Residences at Marina Gate 2

What is 3802 worth today?

Last sold for AED 2,750,000 in 2023

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28 Apr 2023SoldReady
AED 2,750,000AED 3,569 per sqft
6 Nov 2021RentedRenewal
AED 92,413/yr10 months · AED 119 per sqft
6 Nov 2020RentedNew contract
AED 92,500/yr12 months · AED 119 per sqft
14 Oct 2019RentedNew contract
AED 110,000/yr12 months · AED 142 per sqft
28 Jan 2015Sold by developerOff-plan
AED 1,938,000AED 2,515 per sqft

Source: Dubai Land Department. Updated 28 April 2023.

Key facts

Type
1-bed apartment
Size
770 sqft
Floor
38th of 64
Parking
L4-06
Developer
Select Global Development
Completed
2019
Service charge
AED 13,100 /yr
Last sold
AED 2.75M · April 2023

About 3802, The Residences at Marina Gate 2

3802 is a one-bedroom apartment of 770 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 28 April 2023 for AED 2,750,000, or AED 3,569 per sqft, 40% above the AED 2,557 one-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 6 November 2021, is AED 92,413 a year: a gross yield of 3.4% on the 2023 price, before the service charge of about AED 13,100 a year.

Sales and rents for 3802 over time

Sales
Unit 3802, each saleTypical one-bed in The Residences at Marina Gate 2
2M3M20152018202120242027Typical 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, January 2015: AED 1,938,000 (AED 2,515 per sqft)Sold, April 2023: AED 2,750,000 (AED 3,569 per sqft)

3802 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3802, each contractTypical one-bed in The Residences at Marina Gate 2
100K125K20192021202320252027Typical 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 122,875New contract, October 2019: AED 110,000 a yearNew contract, November 2020: AED 92,500 a yearRenewal, November 2021: AED 92,413 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 3802 sits

All 232 1-beds →

3802 last sold in April 2023 at AED 3,569 per sqft, 40% above what one-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,557). 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 175,000 a year. 3802's AED 92,413 is in the lower half 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
38013-bedAED 5.55M · Mar 2024
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

3802, The Residences at Marina Gate 2 in numbers

  • Sold twice: first on 28 January 2015 for AED 1,938,000, last on 28 April 2023 for AED 2,750,000 (AED 3,569 per sqft).
  • Rented since October 2019 on 3 Ejari contracts, from AED 110,000 to AED 92,413 a year.
  • At AED 92,413 a year the gross yield on the 2023 price is 3.4%, 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 28 April 2023.

Questions about 3802, The Residences at Marina Gate 2

What did unit 3802 last sell for?

AED 2,750,000 on 28 April 2023: AED 3,569 per sqft for 770 sqft. The unit has 2 registered sales; the first was AED 1,938,000 in January 2015.

What is the rent for unit 3802?

AED 92,413 a year on the contract renewed on 6 November 2021. The previous contract, from November 2020, was AED 92,500; the unit has been rented since October 2019.

How big is unit 3802?

770 sqft (71.5 sqm): a one-bedroom apartment on the 38th floor of a 64-storey tower completed in 2019.

What is unit 3802 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 3802, The Residences at Marina Gate 2

Starts from the last sale price (AED 2.75M, 28 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,750,000
Deposit, UAE resident (20%)
AED 550,000
Deposit, non-resident (40%)
AED 1,100,000
Monthly over 25 years at 3.7%
AED 11,251

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