4002, The Residences at Marina Gate 2
Sold prices and rental history: sold 3 times, last in October 2023, and rented once, from April 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4002, The Residences at Marina Gate 2
What is 4002 worth today?
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Source: Dubai Land Department. Updated 16 October 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 770 sqft
- Floor
- 40th of 64
- Parking
- L4-14
- Developer
- Select Global Development
- Completed
- 2019
- Service charge
- AED 13,100 /yr
- Last sold
- AED 2.98M · October 2023
- Building
- The Residences at Marina Gate 2
About 4002, The Residences at Marina Gate 2
4002 is a one-bedroom apartment of 770 sqft on the 40th 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 16 October 2023 for AED 2,975,000, or AED 3,861 per sqft, 45% above the AED 2,659 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 28 April 2021. The current contract, signed on 28 April 2021, is AED 132,500 a year: a gross yield of 4.5% on the 2023 price, before the service charge of about AED 13,100 a year.
Sales and rents for 4002 over time
4002 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 4002 sits
All 232 1-beds →4002 last sold in October 2023 at AED 3,861 per sqft, 45% above what one-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,659). 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. 4002's AED 132,500 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Aug 20263 August 2026 | 763 sqft | 1,750,000 | 2,293 | ||
| 31 Jul 202631 July 2026 | 845 sqft | 2,500,000 | 2,959 | ||
| 27 Jul 202627 July 2026 | 618 sqft | 1,650,000 | 2,670 | ||
| 27 Jul 202627 July 2026 | 763 sqft | 35,464 | 46 |
The Residences at Marina Gate 2
Building511 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%
Other units on the 40th floor
All 511 units in The Residences at Marina Gate 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4001 | 3-bed | 1,810 sqft | AED 4.13MAED 4,127,000 · Jan 2015January 2015 | ||
| 4003 | 1-bed | 770 sqft | AED 1.86MAED 1,860,480 · Jan 2015January 2015 | 175,000 /yr | |
| 4004 | 3-bed | 1,812 sqft | AED 5.2MAED 5,200,000 · Oct 2023October 2023 | 179,000 /yr | |
| 4005 | 2-bed | 1,207 sqft | AED 3.48MAED 3,475,000 · May 2025May 2025 | 215,000 /yr | |
| 4006 | 2-bed | 1,229 sqft | AED 1.88MAED 1,882,500 · Aug 2019August 2019 | 155,000 /yr | |
| 4007 | 1-bed | 382 sqft | AED 588KAED 587,500 · Oct 2019October 2019 | 120,000 /yr | |
| 4008 | 1-bed | 762 sqft | AED 1.93MAED 1,930,000 · Mar 2025March 2025 | 89,519 /yr | |
| 4009 | 2-bed | 1,231 sqft | AED 2.54MAED 2,537,000 · Mar 2019March 2019 | 208,877 /yr | |
| 4010 | 2-bed | 1,210 sqft | AED 2.63MAED 2,634,000 · May 2015May 2015 | 198,875 /yr |
4002, The Residences at Marina Gate 2 in numbers
- Sold 3 times: first on 28 January 2015 for AED 1,860,480, last on 16 October 2023 for AED 2,975,000 (AED 3,861 per sqft).
- Rented since April 2021 on one Ejari contract, at AED 132,500 a year.
- At AED 132,500 a year the gross yield on the 2023 price is 4.5%, 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 16 October 2023.
Questions about 4002, The Residences at Marina Gate 2
What did unit 4002 last sell for?
AED 2,975,000 on 16 October 2023: AED 3,861 per sqft for 770 sqft. The unit has 3 registered sales; the first was AED 1,860,480 in January 2015.
What is the rent for unit 4002?
AED 132,500 a year on the contract signed on 28 April 2021.
How big is unit 4002?
770 sqft (71.5 sqm): a one-bedroom apartment on the 40th floor of a 64-storey tower completed in 2019.
What is unit 4002 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 4002, The Residences at Marina Gate 2
Starts from the last sale price (AED 2.98M, 16 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,975,000
- Deposit, UAE resident (20%)
- AED 595,000
- Deposit, non-resident (40%)
- AED 1,190,000
- Monthly over 25 years at 3.7%
- AED 12,172
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →