4208, The Residences at Marina Gate 2
Sold prices and rental history: sold twice, last in August 2021, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4208, The Residences at Marina Gate 2
What is 4208 worth today?
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Source: Dubai Land Department. Updated 17 August 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 762 sqft
- Floor
- 42nd of 64
- Parking
- L4-25
- Developer
- Select Global Development
- Completed
- 2019
- Service charge
- AED 13,000 /yr
- Last sold
- AED 1.4M · August 2021
- Building
- The Residences at Marina Gate 2
About 4208, The Residences at Marina Gate 2
4208 is a one-bedroom apartment of 762 sqft on the 42nd 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 17 August 2021 for AED 1,400,000, or AED 1,836 per sqft, 3% above the AED 1,777 one-beds in the building were fetching at the time.
It has been rented since 2019 on 2 Ejari contracts. The current contract, renewed on 20 November 2020, is AED 75,000 a year: a gross yield of 5.4% on the 2021 price, before the service charge of about AED 13,000 a year.
Sales and rents for 4208 over time
4208 has sold twice; 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 4208 sits
All 232 1-beds →4208 last sold in August 2021 at AED 1,836 per sqft, 3% above what one-beds in The Residences at Marina Gate 2 were fetching at the time (AED 1,777). 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. 4208's AED 75,000 is in the lower 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 42nd floor
All 511 units in The Residences at Marina Gate 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4201 | 3-bed | 1,810 sqft | AED 6MAED 6,000,000 · Jul 2024July 2024 | 295,000 /yr | |
| 4202 | 1-bed | 770 sqft | AED 1.95MAED 1,945,000 · Apr 2015April 2015 | 168,000 /yr | |
| 4203 | 1-bed | 770 sqft | AED 2MAED 2,000,000 · Jun 2022June 2022 | 185,000 /yr | |
| 4204 | 3-bed | 1,812 sqft | AED 3MAED 3,000,000 · Mar 2021March 2021 | ||
| 4205 | 2-bed | 1,207 sqft | AED 2.42MAED 2,417,000 · Mar 2019March 2019 | 210,000 /yr | |
| 4206 | 2-bed | 1,229 sqft | AED 2.54MAED 2,539,000 · Dec 2017December 2017 | 190,500 /yr | |
| 4207 | 1-bed | 763 sqft | AED 1.48MAED 1,480,000 · Jun 2018June 2018 | 130,000 /yr | |
| 4209 | 2-bed | 1,231 sqft | AED 2.44MAED 2,435,000 · Feb 2019February 2019 | 175,000 /yr | |
| 4210 | 2-bed | 1,210 sqft | AED 3.68MAED 3,675,000 · Jan 2026January 2026 | 108,000 /yr |
4208, The Residences at Marina Gate 2 in numbers
- Sold twice: first on 4 February 2018 for AED 1,490,000, last on 17 August 2021 for AED 1,400,000 (AED 1,836 per sqft).
- Rented since November 2019 on 2 Ejari contracts, from AED 88,000 to AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2021 price is 5.4%, before a service charge of about AED 13,000 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 17 August 2021.
Questions about 4208, The Residences at Marina Gate 2
What did unit 4208 last sell for?
AED 1,400,000 on 17 August 2021: AED 1,836 per sqft for 762 sqft. The unit has 2 registered sales; the first was AED 1,490,000 in February 2018.
What is the rent for unit 4208?
AED 75,000 a year on the contract renewed on 20 November 2020. The previous contract, from November 2019, was AED 88,000.
How big is unit 4208?
762 sqft (70.8 sqm): a one-bedroom apartment on the 42nd floor of a 64-storey tower completed in 2019.
What is unit 4208 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 4208, The Residences at Marina Gate 2
Starts from the last sale price (AED 1.4M, 17 August 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,400,000
- Deposit, UAE resident (20%)
- AED 280,000
- Deposit, non-resident (40%)
- AED 560,000
- Monthly over 25 years at 3.7%
- AED 5,728
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →