3-bed · 1,810 sqftThe Residences at Marina Gate 2, Dubai Marina · 43rd floor · completed 2019

4301, The Residences at Marina Gate 2

Sold prices and rental history: sold twice, last in August 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4301 · DLD and Ejari recordsUpdated 4 August 2023
Last soldAED 5.5M4 August 2023
Current rentAED 253K /yr20 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4301, The Residences at Marina Gate 2

What is 4301 worth today?

Last sold for AED 5,500,000 in 2023

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4 Aug 2023SoldReady
AED 5,500,000AED 3,038 per sqft
20 Jul 2022RentedRenewal
AED 253,000/yr12 months · AED 140 per sqft
20 Jul 2021RentedNew contract
AED 230,000/yr12 months · AED 127 per sqft
8 Jul 2020RentedNew contract
AED 200,000/yr12 months · AED 111 per sqft
18 Aug 2015Sold by developerOff-plan
AED 4,065,095AED 2,245 per sqft

Source: Dubai Land Department. Updated 4 August 2023.

Key facts

Type
3-bed apartment
Size
1,810 sqft
Floor
43rd of 64
Parking
L2-38, L2-38T
Developer
Select Global Development
Completed
2019
Service charge
AED 30,800 /yr
Last sold
AED 5.5M · August 2023

About 4301, The Residences at Marina Gate 2

4301 is a three-bedroom apartment of 1,810 sqft on the 43rd 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 4 August 2023 for AED 5,500,000, or AED 3,038 per sqft, 21% above the AED 2,501 three-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 20 July 2022, is AED 253,000 a year: a gross yield of 4.6% on the 2023 price, before the service charge of about AED 30,800 a year.

Sales and rents for 4301 over time

Sales
Unit 4301, 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, August 2015: AED 4,065,095 (AED 2,245 per sqft)Sold, August 2023: AED 5,500,000 (AED 3,038 per sqft)

4301 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4301, each contractTypical three-bed in The Residences at Marina Gate 2
200K300K20192021202320252027Typical 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 309,163New contract, July 2020: AED 200,000 a yearNew contract, July 2021: AED 230,000 a yearRenewal, July 2022: AED 253,000 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 4301 sits

All 96 3-beds →

4301 last sold in August 2023 at AED 3,038 per sqft, 21% above what three-beds in The Residences at Marina Gate 2 were fetching at the time (AED 2,501). 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. 4301's AED 253,000 is in the lower 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
43021-bedAED 1.9M · Mar 2022
43031-bedAED 2.5M · May 2023
43043-bedAED 4.04M · Jun 2022
43052-bedAED 2.25M · Sep 2021
43062-bedAED 1.88M · Aug 2019
43071-bedAED 2.1M · Nov 2024
43081-bedAED 1.54M · Apr 2019
1–7 of 9

4301, The Residences at Marina Gate 2 in numbers

  • Sold twice: first on 18 August 2015 for AED 4,065,095, last on 4 August 2023 for AED 5,500,000 (AED 3,038 per sqft).
  • Rented since July 2020 on 3 Ejari contracts, from AED 200,000 to AED 253,000 a year.
  • At AED 253,000 a year the gross yield on the 2023 price is 4.6%, 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 4 August 2023.

Questions about 4301, The Residences at Marina Gate 2

What did unit 4301 last sell for?

AED 5,500,000 on 4 August 2023: AED 3,038 per sqft for 1,810 sqft. The unit has 2 registered sales; the first was AED 4,065,095 in August 2015.

What is the rent for unit 4301?

AED 253,000 a year on the contract renewed on 20 July 2022. The previous contract, from July 2021, was AED 230,000; the unit has been rented since July 2020.

How big is unit 4301?

1,810 sqft (168.2 sqm): a three-bedroom apartment on the 43rd floor of a 64-storey tower completed in 2019.

What is unit 4301 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 4301, The Residences at Marina Gate 2

Starts from the last sale price (AED 5.5M, 4 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 5,500,000
Deposit, UAE resident (20%)
AED 1,100,000
Deposit, non-resident (40%)
AED 2,200,000
Monthly over 25 years at 3.7%
AED 22,502

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